Filing Flows › Winnebago Industries (WGO) › Q2 FY25
Winnebago Industries (WGO) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Mar 27, 2025
Winnebago Industries (WGO) reported revenue of $620M for the second quarter fiscal 2025 (Q2 FY25), -12% from a year earlier and -0.9% from the quarter before. Operating margin was 1.3%, net loss $400K (0.1% of revenue).
Winnebago Industries, Q2 FY25: revenue $620M (-12% year over year), operating margin 1.3%, net loss $400K, operating cash flow −$10.5M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $620M | -0.9% | -12% |
| Operating profit | $7.8M | — | — |
| Net earnings | −$400K | — | — |
| Operating cash flow | −$10.5M | — | — |
What changed
Revenue was $620.2M in Q2 FY25, down 12% year over year and down 1% from the previous quarter.
Gross margin was 13.4%, down 1.6 points from a year earlier. Operating profit was $7.8M, a 1.3% margin (down 3.8 points year over year). Operating expenses grew 8% against a revenue fall of 12%. The quarter ended with a net loss of $400K, narrower than the previous quarter's $5.2M loss. Net interest and other expense of $8.2M was the main reason.
Operating cash flow was −$10.5M. Non-cash charges added back $15.0M of depreciation and amortization and $5.3M of share-based compensation. Working capital and other items used $30.4M. Capital expenditures of $8.4M exceeded it, leaving free cash flow of −$18.9M.
Questions
What was Winnebago Industries' revenue in the second quarter fiscal 2025?
Winnebago Industries (WGO) reported revenue of $620M for the second quarter fiscal 2025 (Q2 FY25), -12% from a year earlier and -0.9% from the quarter before.
Was Winnebago Industries profitable in the second quarter fiscal 2025?
Operating profit was $7.8M (1.3% of revenue) and net loss $400K.