WD-40 Company (WDFC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 161.67M | 154.42M | 163.47M | 156.91M | 146.1M | 153.5M | 155.99M | 155.04M | 139.1M | 140.42M | 140.45M | 141.72M | 130.19M | 124.89M | 130.42M | 123.67M | 129.99M | 134.75M | 115.24M | 136.41M |
| Revenue Growth % | 10.65% | 0.6% | 4.8% | 1.21% | 5.03% | 9.31% | 11.06% | 9.4% | 6.85% | 12.43% | 7.69% | 14.6% | 0.16% | -7.31% | 13.17% | -9.34% | 16.16% | 8.18% | 3.22% | 38.84% |
| Cost of Goods Sold | 71.73M | 67.59M | 74.04M | 68.8M | 66.39M | 69.41M | 71.65M | 72.66M | 66.16M | 64.86M | 68.33M | 69.95M | 64.11M | 60.64M | 68.63M | 64.68M | 64.47M | 66.28M | 56.21M | 63.95M |
| COGS % of Revenue | 44.37% | 43.77% | 45.29% | 43.85% | 45.44% | 45.22% | 45.93% | 46.86% | 47.56% | 46.19% | 48.65% | 49.36% | 49.25% | 48.55% | 52.62% | 52.3% | 49.6% | 49.19% | 48.78% | 46.88% |
| Gross Profit | 89.94M | 86.83M | 89.43M | 88.11M | 79.72M | 84.09M | 84.34M | 82.39M | 72.94M | 75.55M | 72.13M | 71.76M | 66.08M | 64.25M | 61.79M | 58.98M | 65.52M | 68.47M | 59.03M | 72.46M |
| Gross Margin % | 55.63% | 56.23% | 54.71% | 56.15% | 54.56% | 54.78% | 54.07% | 53.14% | 52.44% | 53.81% | 51.35% | 50.64% | 50.75% | 51.45% | 47.38% | 47.7% | 50.4% | 50.81% | 51.22% | 53.12% |
| Gross Profit Growth % | 12.83% | 3.26% | 6.03% | 6.95% | 9.29% | 11.3% | 16.94% | 14.81% | 10.39% | 17.58% | 16.72% | 21.66% | 0.85% | -6.16% | 4.68% | -18.59% | 5.66% | -2.53% | -6.04% | 36.58% |
| Operating Expenses | 63.65M | 63.57M | 61.4M | 60.75M | 56.44M | 58.97M | 60.3M | 55.21M | 52M | 51.37M | 48.89M | 46.1M | 43.92M | 45.58M | 42.25M | 40M | 40.77M | 44.41M | 46.55M | 45.14M |
| OpEx % of Revenue | 39.37% | 41.17% | 37.56% | 38.71% | 38.63% | 38.41% | 38.65% | 35.61% | 37.38% | 36.58% | 34.81% | 32.53% | 33.74% | 36.49% | 32.39% | 32.35% | 31.37% | 32.96% | 40.4% | 33.09% |
| Selling, General & Admin | 64.16M | 63.52M | 61.36M | 51.54M | 56.39M | 50.52M | 59.99M | 54.91M | 51.75M | 51.12M | 48.64M | 45.85M | 43.67M | 45.32M | 41.9M | 39.64M | 40.41M | 44.05M | 46.19M | 44.77M |
| SG&A % of Revenue | 39.68% | 41.14% | 37.53% | 32.85% | 38.6% | 32.92% | 38.46% | 35.41% | 37.2% | 36.4% | 34.63% | 32.36% | 33.55% | 36.29% | 32.12% | 32.06% | 31.09% | 32.69% | 40.08% | 32.82% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | -506K | 49K | 47K | 1000K | 44K | 1000K | 300K | 303K | 252K | 251K | 252K | 250K | 250K | 253K | 353K | 358K | 360K | 363K | 365K | 364K |
| Operating Income | 26.29M | 23.26M | 28.03M | 27.36M | 23.28M | 25.12M | 24.05M | 27.18M | 20.94M | 24.18M | 23.23M | 25.66M | 22.15M | 18.68M | 19.54M | 18.98M | 24.74M | 24.06M | 12.47M | 27.32M |
| Operating Margin % | 16.26% | 15.06% | 17.14% | 17.44% | 15.93% | 16.37% | 15.42% | 17.53% | 15.05% | 17.22% | 16.54% | 18.1% | 17.02% | 14.96% | 14.98% | 15.35% | 19.04% | 17.86% | 10.82% | 20.03% |
| Operating Income Growth % | 12.92% | -7.42% | 16.53% | 0.7% | 11.17% | 3.88% | 3.51% | 5.92% | -5.47% | 29.47% | 18.89% | 35.15% | -10.47% | -22.36% | 56.68% | -30.51% | 19.79% | -15.26% | -49.13% | 37.9% |
| EBITDA | 28.39M | 25.36M | 30.12M | 29.9M | 25.69M | 27.2M | 26.32M | 29.68M | 23.36M | 26.45M | 25.45M | 27.73M | 24.12M | 20.57M | 21.7M | 21.04M | 26.84M | 26.05M | 14.23M | 29.13M |
| EBITDA Margin % | 17.56% | 16.42% | 18.42% | 19.06% | 17.58% | 17.72% | 16.87% | 19.14% | 16.8% | 18.83% | 18.12% | 19.57% | 18.53% | 16.47% | 16.64% | 17.02% | 20.65% | 19.33% | 12.34% | 21.35% |
| EBITDA Growth % | 10.53% | -6.75% | 14.43% | 0.75% | 9.94% | 2.84% | 3.43% | 7.02% | -3.14% | 28.53% | 17.28% | 31.79% | -10.12% | -21.01% | 52.52% | -27.76% | 19.74% | -13.44% | -45.79% | 33.82% |
| D&A (Non-Cash Add-back) | 2.1M | 2.1M | 2.09M | 2.54M | 2.41M | 2.08M | 2.27M | 2.5M | 2.42M | 2.26M | 2.21M | 2.08M | 1.97M | 1.9M | 2.15M | 2.06M | 2.1M | 1.99M | 1.75M | 1.81M |
| EBIT | 26.31M | 23.24M | 28.13M | 28.35M | 23.46M | 25.13M | 23.73M | 27.03M | 20.81M | 24.22M | 23.57M | 25.97M | 22.37M | 18.87M | 19.11M | 18.97M | 25.02M | 23.76M | 11.95M | 27.52M |
| Net Interest Income | -1.81M | -469K | -501K | -783K | -915K | -725K | -753K | -1.05M | -942K | -1.07M | -1.28M | -1.53M | -1.45M | -1.13M | -811K | -642K | -592K | -595K | -578K | -594K |
| Interest Income | 154K | 179K | 159K | 104K | 106K | 148K | 198K | 136K | 66K | 74K | 67K | 69K | 51K | 44K | 29K | 27K | 21K | 25K | 22K | 21K |
| Interest Expense | 1.96M | 648K | 660K | 887K | 1.02M | 873K | 951K | 1.18M | 1.01M | 1.15M | 1.35M | 1.6M | 1.5M | 1.17M | 840K | 669K | 613K | 620K | 600K | 615K |
| Other Income/Expense | -434K | -666K | -557K | 97K | -841K | -866K | -1.27M | -1.33M | -1.14M | -1.11M | -1.01M | -1.28M | -1.29M | -975K | -1.27M | -684K | -340K | -924K | -1.12M | -411K |
| Pretax Income | 25.85M | 22.59M | 27.47M | 27.46M | 22.44M | 24.26M | 22.78M | 25.85M | 19.81M | 23.07M | 22.22M | 24.37M | 20.87M | 17.7M | 18.27M | 18.3M | 24.4M | 23.14M | 11.35M | 26.91M |
| Pretax Margin % | 15.99% | 14.63% | 16.8% | 17.5% | 15.36% | 15.8% | 14.61% | 16.67% | 14.24% | 16.43% | 15.82% | 17.2% | 16.03% | 14.18% | 14.01% | 14.8% | 18.77% | 17.17% | 9.85% | 19.73% |
| Income Tax | 5.54M | 5.14M | 6.23M | 6.49M | -7.41M | 5.33M | 6M | 6M | 4.27M | 5.59M | 5.64M | 5.48M | 4.34M | 3.71M | 3.48M | 3.82M | 4.89M | 4.58M | 2.94M | 5.9M |
| Effective Tax Rate % | 21.41% | 22.76% | 22.67% | 23.61% | -33.03% | 21.98% | 26.33% | 23.23% | 21.56% | 24.23% | 25.41% | 22.47% | 20.8% | 20.94% | 19.07% | 20.87% | 20.06% | 19.8% | 25.94% | 21.94% |
| Net Income | 20.32M | 17.45M | 21.24M | 20.98M | 29.85M | 18.93M | 16.78M | 19.84M | 15.54M | 17.48M | 16.57M | 18.89M | 16.53M | 14M | 14.79M | 14.48M | 19.51M | 18.55M | 8.41M | 21.01M |
| Net Margin % | 12.57% | 11.3% | 12.99% | 13.37% | 20.43% | 12.33% | 10.76% | 12.8% | 11.17% | 12.45% | 11.8% | 13.33% | 12.69% | 11.21% | 11.34% | 11.71% | 15.01% | 13.77% | 7.3% | 15.4% |
| Net Income Growth % | -31.94% | -7.79% | 26.56% | 5.72% | 92.14% | 8.25% | 1.26% | 5.01% | -5.99% | 24.9% | 12.1% | 30.49% | -15.29% | -24.56% | 75.84% | -31.07% | 13.48% | -21.45% | -57.24% | 44.63% |
| Net Income (Continuing) | 20.32M | 17.45M | 21.24M | 20.98M | 29.85M | 18.93M | 16.78M | 19.84M | 15.54M | 17.48M | 16.57M | 18.89M | 16.53M | 14M | 14.79M | 14.48M | 19.51M | 18.55M | 8.41M | 21.01M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.50 | 1.28 | 1.56 | 1.54 | 2.19 | 1.39 | 1.23 | 1.46 | 1.14 | 1.28 | 1.21 | 1.38 | 1.21 | 1.02 | 1.08 | 1.06 | 1.42 | 1.34 | 0.61 | 1.52 |
| EPS Growth % | -31.51% | -7.91% | 26.83% | 5.48% | 92.11% | 8.59% | 1.65% | 5.8% | -5.79% | 25.49% | 12.04% | 30.19% | -14.79% | -23.88% | 77.05% | -30.26% | 14.52% | -22.09% | -57.04% | 43.4% |
| EPS (Basic) | 1.50 | 1.29 | 1.57 | 1.54 | 2.20 | 1.39 | 1.23 | 1.46 | 1.14 | 1.28 | 1.22 | 1.39 | 1.21 | 1.03 | 1.09 | 1.06 | 1.42 | 1.35 | 0.61 | 1.53 |
| Diluted Shares Outstanding | 13.53M | 13.55M | 13.56M | 13.57M | 13.57M | 13.57M | 13.58M | 13.58M | 13.58M | 13.58M | 13.6M | 13.6M | 13.61M | 13.61M | 13.65M | 13.68M | 13.7M | 13.75M | 13.75M | 13.75M |
| Basic Shares Outstanding | 13.5M | 13.52M | 13.53M | 13.54M | 13.55M | 13.55M | 13.55M | 13.55M | 13.56M | 13.56M | 13.57M | 13.57M | 13.6M | 13.59M | 13.62M | 13.66M | 13.68M | 13.72M | 13.71M | 13.71M |
| Dividend Payout Ratio | 67.88% | 73.08% | 60.05% | 60.86% | 42.81% | 63.19% | 71.27% | 60.31% | 77.09% | 64.62% | 68.22% | 59.88% | 68.52% | 75.97% | 72.18% | 73.87% | 54.92% | 53.38% | 117.78% | 47.15% |