Filing Flows › Winmark (WINA) › Q3 2026 › vs Q2 2026
Winmark (WINA) Q3 2026 vs Q2 2026 (quarter over quarter)
Winmark's revenue rose $5.9M (+27%) from $22.0M in Q2 2026 to $27.9M in Q3 2026. Operating margin 56.6% against 62.1% (-5.5 pts).
Winmark, Q3 2026: revenue $27.9M (+23% year over year), operating margin 56.6%, net earnings $11.8M, operating cash flow $12.9M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 56.6% | 62.1% | -5.5 pts |
| Net margin | 42.4% | 47.3% | -4.9 pts |
| Free cash flow margin | 45.6% | 48.7% | -3.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $27.9M | $22.0M | $5.9M | +27% |
| Operating profit | $15.8M | $13.6M | $2.1M | +16% |
| Costs & expenses | $12.1M | $8.3M | $3.8M | +45% |
| Pre-tax earnings | $15.4M | $13.2M | $2.2M | +17% |
| Other expense, net | $368K | $454K | −$86K | -19% |
| SG&A | $7.3M | $7.5M | −$174K | -2% |
| Other operating costs | $4.8M | $818K | $4.0M | +483% |
| Net earnings | $11.8M | $10.4M | $1.4M | +14% |
| Income tax | $3.6M | $2.8M | $807K | +29% |
| Depreciation & amortization | $182K | $181K | $1K | +0.7% |
| Share-based compensation | $689K | $614K | $75K | +12% |
| Working capital & other | $252K | −$460K | $712K | — |
| Operating cash flow | $12.9M | $10.7M | $2.2M | +21% |
| Free cash flow (OCF − capex) | $12.7M | $10.7M | $2.0M | +19% |
| Capital expenditures | $222K | $40K | $182K | +450% |
Questions
How much did Winmark's revenue grow quarter over quarter in Q3 2026?
Winmark's revenue rose $5.9M (+27%) from $22.0M in Q2 2026 to $27.9M in Q3 2026. Operating margin 56.6% against 62.1% (-5.5 pts).