Filing Flows › Winnebago Industries (WGO) › Q3 FY26 › vs Q3 FY25
Winnebago Industries (WGO) Q3 FY26 vs Q3 FY25 (year over year)
Winnebago Industries's revenue fell $76.4M (-10%) from $775M in Q3 FY25 to $699M in Q3 FY26. Gross margin 13.6% against 13.7% (-0.1 pts).
Winnebago Industries, Q3 FY26: revenue $699M (-10% year over year), operating margin 3.3%, net earnings $14.5M, operating cash flow $25.6M. The chart draws each line against Q3 FY25, the increases inside each band.
Margins
| Q3 FY26 | Q3 FY25 | Change | |
|---|---|---|---|
| Gross margin | 13.6% | 13.7% | -0.1 pts |
| Operating margin | 3.3% | 3.9% | -0.6 pts |
| Net margin | 2.1% | 2.3% | -0.2 pts |
| Free cash flow margin | 2.7% | -4.7% | +7.3 pts |
Every line
| Line | Q3 FY26 | Q3 FY25 | Change | % |
|---|---|---|---|---|
| Revenue | $699M | $775M | −$76.4M | -10% |
| Gross profit | $94.9M | $106M | −$11.1M | -10% |
| Cost of revenue | $604M | $669M | −$65.3M | -10% |
| Operating profit | $23.0M | $30.2M | −$7.2M | -24% |
| Operating expenses | $71.9M | $75.8M | −$3.9M | -5% |
| Pre-tax earnings | $18.0M | $23.9M | −$5.9M | -25% |
| Other expense, net | $5.0M | $6.3M | −$1.3M | -21% |
| SG&A | $66.5M | $70.3M | −$3.8M | -5% |
| Other operating costs | $5.4M | $5.5M | −$100K | -2% |
| Net earnings | $14.5M | $17.6M | −$3.1M | -18% |
| Income tax | $3.5M | $6.3M | −$2.8M | -44% |
| Depreciation & amortization | $14.8M | $15.1M | −$300K | -2% |
| Share-based compensation | $5.2M | $1.4M | $3.8M | +271% |
| Working capital & other | $8.9M | $59.4M | −$50.5M | -85% |
| Operating cash flow | $25.6M | −$25.3M | $50.9M | — |
| Free cash flow (OCF − capex) | $18.7M | −$36.1M | $54.8M | — |
| Capital expenditures | $6.9M | $10.8M | −$3.9M | -36% |
Questions
How much did Winnebago Industries's revenue grow year over year in Q3 FY26?
Winnebago Industries's revenue fell $76.4M (-10%) from $775M in Q3 FY25 to $699M in Q3 FY26. Gross margin 13.6% against 13.7% (-0.1 pts).