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Winmark WINA Franchising — Revenue

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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$1.36B-2.2%
Enterprise value$1.37B-2.1%
P/E33.3×-0.3×
P/S15.7×-1.0×

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:Revenues.

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
Revenue:
Franchising$21,966,000$20,370,200$42,815,700$39,981,900
Other46,6002,354,500
Total revenue$21,966,000$20,416,800$42,815,700$42,336,400
Franchising segment operating expenses:
Merchandise COGS$818,500$766,500$1,437,000$1,654,800
Selling, general and administrative expenses7,506,4006,585,00015,376,00013,936,300
Total franchising segment expenses$8,324,900$7,351,500$16,813,000$15,591,100

Item 1. Financial Statements (Unaudited)

FAQ

What is Winmark's franchising — revenue?
Winmark (WINA) reported franchising — revenue of $21.97M in Q2 2026.
How has Winmark's franchising — revenue changed year-over-year?
Winmark's franchising — revenue increased by 7.8% year-over-year, from $20.37M to $21.97M.
What is the long-term trend for Winmark's franchising — revenue?
Over 4 years (2021 to 2025), Winmark's franchising — revenue has grown at a 5.6% compound annual growth rate (CAGR), from $67.07M to $83.42M.
What does franchising — revenue mean?
This metric represents the total revenue generated from franchising activities, excluding any sales taxes collected from customers. It reflects the core income stream derived from franchise fees, royalties, and related services provided to franchisees within the franchising business segment.

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