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WD 40 (WDFC) earnings and revenue breakdown
Latest: Q4 FY26 · 10-K filed Oct 26, 2026 · WD 40 (WDFC) Q4 FY26 earnings results →
Q4 FY26 Revenue up 8% year over year to $177M · 8¢ of every $1 of revenue kept as net profit · operating margin 10.8%
WD 40 made $177M in Q4 FY26 (+8% Y/Y): Total maintenance products $170M, HCCP $6.3M. Operating margin 10.8%, net earnings $14.4M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-K filed Oct 26, 2026.
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What changed this quarter
Revenue was $176.8M in Q4 FY26, up 8% year over year and down 9% from the previous quarter. WD-40 Multi-Use Product was the largest line at 76% of revenue.
Gross margin was 52.8%, down 1.9 points from Q4 FY25. Operating profit was $19.1M, a 10.8% margin (down 6.4 points year over year). Operating profit fell $9.0M even though revenue rose $13.3M versus Q4 FY25, so costs grew faster than sales. Operating expenses grew 21% against revenue growth of 8%. The fastest-growing cost line was Other operating costs (+28%). Net earnings were $14.4M, down 32% year over year. The effective tax rate was 22.3%.
Operating cash flow was $50.2M (up 67% year over year), 349% of net earnings. Non-cash charges added back $2.5M of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items added $31.8M. Capital expenditures of $3.5M left free cash flow of $46.7M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q4 FY26 | 10-K | Oct 26, 2026 | $177M | +8% | 10.8% | $14.4M | $50.2M |
| Q3 FY26 | 10-Q | Jul 9, 2026 | $195M | +24% | 20.7% | $30.2M | $30.5M |
| Q2 FY26 | 10-Q | Apr 9, 2026 | $162M | +11% | 16.3% | $20.3M | $14.3M |
| Q1 FY26 | 10-Q | Jan 8, 2026 | $154M | +0.6% | 15.1% | $17.5M | $10.0M |
| Q4 FY25 | 10-K | Oct 27, 2025 | $163M | +5% | 17.1% | $21.2M | $29.9M |
| Q3 FY25 | 10-Q | Jul 10, 2025 | $157M | +1% | 17.4% | $21.0M | $35.1M |
| Q2 FY25 | 10-Q | Apr 9, 2025 | $146M | +5% | 15.9% | $29.9M | $8.0M |
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🔄Rotation against the market and its industry (RRG)interactive
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📈Investments: gains and what it boughtinteractive
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About WD 40
WD-40 Company is a global marketing organization dedicated to creating positive lasting memories by developing and selling products that solve problems in workshops, factories and homes around the world. The Company was founded in 1953 and is headquartered in San Diego, California. For more than four decades, we sold only one product, WD-40 ® Multi-Use Product, a multi-purpose maintenance product which acts as a lubricant, rust preventative, penetrant and moisture displacer. Over the last several decades, we have evolved and expanded our product offerings through both research and development activities and through the acquisition of several of our smaller brands worldwide. As a result, we have built a family of brands and product lines that deliver high quality performance at a good value to our end users.
In its own words, from its 10-K, filed Oct 26, 2026.
WD 40 against its Miscellaneous Chemical Products peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +8% against the peers' median +9%. Operating margin: 10.8% against the peers' median 8.2%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| WDFC WD 40 | Q4 FY26 | $177M | +8% | 10.8% |
| CBT Cabot | Q4 FY26 | $1.0B | +12% | 12.0% |
| ESI Element Solutions | Q3 2026 | $995M | +52% | 11.4% |
| OEC Orion S.A. | Q3 2026 | $473M | +5% | 4.8% |
| FTK Flotek Industries | Q3 2026 | $114M | +104% | 15.7% |
| ARQ Arq | Q3 2026 | $38.2M | +9% | 8.2% |
| FSI Flexible Solutions International | Q2 2026 | $7.6M | -33% | -29.2% |
| ASPI ASP Isotopes | Q2 2026 | $5.1M | +328% | -667.5% |
| PURE Pure Bioscience | Q4 FY26 | $659K | -14% | -76.3% |
Source: WD 40 10-K on SEC EDGAR · CIK 105132 · Miscellaneous Chemical Products
Guidance and outlook
13F: who owns WDFC and who is buying
More on WDFC
History
Every quarter: Q4 FY26 results · Q3 FY26 results · Q2 FY26 results · Q1 FY26 results · Q4 FY25 results · Q3 FY25 results · Q2 FY25 results