Filing Flows › WD 40 (WDFC) › Q3 FY26 › vs Q3 FY25
WD 40 (WDFC) Q3 FY26 vs Q3 FY25 (year over year)
WD 40's revenue rose $38.2M (+24%) from $157M in Q3 FY25 to $195M in Q3 FY26. The biggest changes: Total maintenance products +$39.3M (+26%); HCCP −$1.1M (-17%). Gross margin 56.6% against 56.2% (+0.4 pts).
WD 40, Q3 FY26: revenue $195M (+24% year over year), operating margin 20.7%, net earnings $30.2M, operating cash flow $30.5M. The chart draws each line against Q3 FY25, the increases inside each band.
Margins
| Q3 FY26 | Q3 FY25 | Change | |
|---|---|---|---|
| Gross margin | 56.6% | 56.2% | +0.4 pts |
| Operating margin | 20.7% | 17.4% | +3.2 pts |
| Net margin | 15.5% | 13.4% | +2.1 pts |
| Free cash flow margin | 15.0% | 21.6% | -6.6 pts |
Every line
| Line | Q3 FY26 | Q3 FY25 | Change | % |
|---|---|---|---|---|
| WD-40 Multi-Use Product | $153M | $121M | $31.8M | +26% |
| WD-40 Specialist | $28.0M | $22.0M | $6.0M | +27% |
| Other maintenance products | $9.2M | $7.7M | $1.5M | +20% |
| Total maintenance products | $190M | $150M | $39.3M | +26% |
| HCCP | $5.4M | $6.5M | −$1.1M | -17% |
| Revenue | $195M | $157M | $38.2M | +24% |
| Gross profit | $110M | $88.1M | $22.3M | +25% |
| Cost of revenue | $84.7M | $68.8M | $15.9M | +23% |
| Operating profit | $40.3M | $27.4M | $13.0M | +47% |
| Operating expenses | $70.1M | $60.7M | $9.3M | +15% |
| Pre-tax earnings | $39.6M | $27.5M | $12.1M | +44% |
| Other expense, net | $765K | −$97K | $862K | — |
| SG&A | $56.7M | $51.5M | $5.1M | +10% |
| Other operating costs | $13.4M | $9.2M | $4.2M | +46% |
| Net earnings | $30.2M | $21.0M | $9.2M | +44% |
| Income tax | $9.4M | $6.5M | $2.9M | +44% |
| Depreciation & amortization | $3.4M | $2.0M | $1.4M | +68% |
| Share-based compensation | $1.5M | $1.6M | −$158K | -10% |
| Working capital & other | $4.6M | −$10.4M | $15.0M | — |
| Operating cash flow | $30.5M | $35.1M | −$4.5M | -13% |
| Free cash flow (OCF − capex) | $29.3M | $34.0M | −$4.6M | -14% |
| Capital expenditures | $1.2M | $1.1M | $94K | +8% |
Questions
How much did WD 40's revenue grow year over year in Q3 FY26?
WD 40's revenue rose $38.2M (+24%) from $157M in Q3 FY25 to $195M in Q3 FY26.
What drove WD 40's revenue change in Q3 FY26?
Total maintenance products +$39.3M (+26%); HCCP −$1.1M (-17%).