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Winmark WINA Franchise — Revenue

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$20.12M+7.8%

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Other financials

Income statement

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Revenue$22.0M+7.6%
Gross profit$20.7M+6.5%
Operating income$13.6M+4.4%
Net income$10.4M-1.9%
EPS (diluted)$2.81-2.8%

Balance sheet

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Cash & equivalents$25.8M-10.2%
Total debt$32.7M-1.7%
Total equity-$37.6M-2.1%
Total assets$43.2M0.0%

Cash flow

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Operating cash flow$10.7M+18.6%
CapEx$40.3K-26.3%
Free cash flow$10.7M+18.9%

Valuation

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Market cap$1.32B-2.2%
Enterprise value$1.33B-2.1%
P/E32.5×-0.3×
P/S15.3×-0.9×

Profitability

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Gross margin96.4%+0.5pp
Operating margin62.3%-2.8pp
Net margin47.1%-2.4pp
FCF margin50%-3.5pp

Returns & leverage

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Return on equity67.2%
Debt / equity0.6×
Current ratio3.8×-0.8×

Where this comes from

Reported directly by Winmark in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Winmark’s 10-Q, filed July 15, 2026.

Filed
Jul 15, 2026, 11:34 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000908315-26-000028
Line itemThree Months Ended / June 27, 2026Three Months Ended / June 28, 2025Six Months Ended / June 27, 2026Six Months Ended / June 28, 2025
Royalties$20,117,000$18,662,100$39,379,800$36,436,700
Leasing income46,6002,354,500
Merchandise sales859,300803,6001,513,2001,744,900
Franchise fees419,500338,400762,400670,400
Other570,200566,1001,160,3001,129,900
Total revenue21,966,00020,416,80042,815,70042,336,400
Cost of merchandise sold818,500766,5001,437,0001,654,800
Selling, general and administrative expenses7,506,4006,589,20015,376,00014,024,000

Item 1. Financial Statements (Unaudited)

FAQ

What is Winmark's franchise — revenue?
Winmark (WINA) reported franchise — revenue of $419.5K in Q2 2026.
How has Winmark's franchise — revenue changed year-over-year?
Winmark's franchise — revenue increased by 24.0% year-over-year, from $338.4K to $419.5K.
What is the long-term trend for Winmark's franchise — revenue?
Over 4 years (2021 to 2025), Winmark's franchise — revenue has grown at a 0.5% compound annual growth rate (CAGR), from $1.5M to $1.53M.
What does franchise — revenue mean?
This metric represents the total revenue recognized from franchise-related agreements, excluding any pass-through assessed taxes. It reflects the core income generated by providing franchising rights, strategic consulting, and related services to store operators. Monitoring this figure helps investors assess the growth and stability of the franchisor's primary business model.

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