Filing Flows › Winnebago Industries (WGO) › Q4 FY26 › vs Q3 FY26
Winnebago Industries (WGO) Q4 FY26 vs Q3 FY26 (quarter over quarter)
Winnebago Industries's revenue fell $53.6M (-8%) from $699M in Q3 FY26 to $645M in Q4 FY26. Gross margin 12.5% against 13.6% (-1.1 pts).
Winnebago Industries, Q4 FY26: revenue $645M (-17% year over year), operating margin 2.7%, net earnings $9.7M, operating cash flow $142M. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Gross margin | 12.5% | 13.6% | -1.1 pts |
| Operating margin | 2.7% | 3.3% | -0.6 pts |
| Net margin | 1.5% | 2.1% | -0.6 pts |
| Free cash flow margin | 21.0% | 2.7% | +18.3 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $645M | $699M | −$53.6M | -8% |
| Gross profit | $80.7M | $94.9M | −$14.2M | -15% |
| Cost of revenue | $564M | $604M | −$39.4M | -7% |
| Operating profit | $17.6M | $23.0M | −$5.4M | -23% |
| Operating expenses | $63.1M | $71.9M | −$8.8M | -12% |
| Pre-tax earnings | $12.6M | $18.0M | −$5.4M | -30% |
| Other expense, net | $5.0M | $5.0M | $0 | 0% |
| SG&A | $57.6M | $66.5M | −$8.9M | -13% |
| Other operating costs | $5.5M | $5.4M | $100K | +2% |
| Net earnings | $9.7M | $14.5M | −$4.8M | -33% |
| Income tax | $2.9M | $3.5M | −$600K | -17% |
| Depreciation & amortization | $15.0M | $14.8M | $200K | +1% |
| Share-based compensation | $1.1M | $5.2M | −$4.1M | -79% |
| Working capital & other | $117M | −$8.9M | $126M | — |
| Operating cash flow | $142M | $25.6M | $117M | +457% |
| Free cash flow (OCF − capex) | $135M | $18.7M | $116M | +623% |
| Capital expenditures | $7.3M | $6.9M | $400K | +6% |
Questions
How much did Winnebago Industries's revenue grow quarter over quarter in Q4 FY26?
Winnebago Industries's revenue fell $53.6M (-8%) from $699M in Q3 FY26 to $645M in Q4 FY26. Gross margin 12.5% against 13.6% (-1.1 pts).