Filing Flows › Winnebago Industries (WGO) › Q4 FY25
Winnebago Industries (WGO) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Oct 22, 2025
Winnebago Industries (WGO) reported revenue of $777M for the fourth quarter fiscal 2025 (Q4 FY25), +8% from a year earlier and +0.3% from the quarter before. Operating margin was 2.6%, net earnings $13.7M (1.8% of revenue).
Winnebago Industries, Q4 FY25: revenue $777M (+8% year over year), operating margin 2.6%, net earnings $13.7M, operating cash flow $181M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $777M | +0.3% | +8% |
| Gross profit | $99.2M | -6% | +5% |
| Operating profit | $20.1M | -33% | — |
| Net earnings | $13.7M | -22% | — |
| Operating cash flow | $181M | — | +346% |
| Free cash flow | $171M | — | +480% |
What changed
Revenue was $777.3M in Q4 FY25, up 8% year over year and roughly flat from the previous quarter.
Gross margin was 12.8%, down 0.3 points from a year earlier. Operating profit was $20.1M, a 2.6% margin (up 5.1 points year over year). Operating expenses fell 29% while revenue rose 8%. Net earnings were $13.7M. The effective tax rate was -3.0%.
Operating cash flow was $181.4M (up 346% year over year), 1324% of net earnings. Non-cash charges added back $15.2M of depreciation and amortization and $3.6M of share-based compensation. Working capital and other items added $148.9M. Capital expenditures of $10.2M left free cash flow of $171.2M.
Questions
What was Winnebago Industries' revenue in the fourth quarter fiscal 2025?
Winnebago Industries (WGO) reported revenue of $777M for the fourth quarter fiscal 2025 (Q4 FY25), +8% from a year earlier and +0.3% from the quarter before.
Was Winnebago Industries profitable in the fourth quarter fiscal 2025?
Operating profit was $20.1M (2.6% of revenue) and net earnings $13.7M.