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Winmark WINA Franchising — Cost of Goods Sold

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Other financials

Income statement

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Revenue$20.8M-4.9%
Gross profit$20.7M+6.5%
Operating income$12.4M-9.1%
Net income$9.3M-7.0%
EPS (diluted)$2.50-7.7%

Balance sheet

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Cash & equivalents$19.8M-9.2%
Total debt$32.9M-1.8%
Total equity-$46.2M-0.6%
Total assets$35.6M-4.0%

Cash flow

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Operating cash flow$11.9M-21.2%
CapEx$14.6K-71.5%
Free cash flow$11.9M-21.1%

Valuation

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Market cap$1.54B+35.9%
Enterprise value$1.55B+35.7%
P/E37.6×+10.0×
P/S18.1×+4.5×

Profitability

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Gross margin96.4%+0.5pp
Operating margin62.8%-2.6pp
Net margin48.2%-1.3pp
FCF margin48.9%-3.7pp

Returns & leverage

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Return on equity67.2%
Debt / equity0.6×
Current ratio2.7×+0.1×

Where this comes from

Reported directly by Winmark in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Winmark’s 10-Q, filed April 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Winmark's franchising — cost of goods sold?
Winmark (WINA) reported franchising — cost of goods sold of $618.5K in Q1 2026.
How has Winmark's franchising — cost of goods sold changed year-over-year?
Winmark's franchising — cost of goods sold decreased by 30.4% year-over-year, from $888.3K to $618.5K.
What is the long-term trend for Winmark's franchising — cost of goods sold?
Over 3 years (2022 to 2025), Winmark's franchising — cost of goods sold has grown at a -5.8% compound annual growth rate (CAGR), from $3.71M to $3.1M.
What does franchising — cost of goods sold mean?
This represents the direct costs incurred to provide services or support to franchisees within the franchising segment. It captures the variable expenses directly attributable to the delivery of franchise-related consulting and operational support.