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Teamshares vs Winmark: TMS and WINA compared
Teamshares is the larger company: $149M of revenue in its latest quarter (Q2 2026) against $27.9M for Winmark (Q3 2026). Winmark is growing faster (+23% against +20% a year earlier). Winmark is more profitable, with an operating margin of 56.6% against 2.0%.
Where the money goes: TMS and WINA
Teamshares (TMS) · Q2 2026
Teamshares, Q2 2026: revenue $149M (+20% year over year), operating margin 2.0%, net earnings $9.2M, operating cash flow −$4.9M. The chart follows the revenue to costs, profit and cash.
Winmark (WINA) · Q3 2026
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 follows the revenue to costs, profit and cash.
| Teamshares (TMS) | Winmark (WINA) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q3 2026 |
| Revenue | $149M | $27.9M |
| Revenue growth, Y/Y | +20% | +23% |
| Gross margin | 41.3% | — |
| Operating margin | 2.0% | 56.6% |
| Net earnings | $9.2M | $11.8M |
| Net margin | 6.2% | 42.4% |
| Operating cash flow | −$4.9M | $12.9M |
| Free cash flow | — | $12.7M |
| Market value | — | $1.1B |
| P/E | — | 26.1× |
| Analysts’ mean target | — | $545.00 |
Where the revenue comes from
Teamshares
- Products: $113M (76%)
- Services: $36.1M (24%)
Winmark
- Royalties: $21.7M (78%)
- North American advertising fund: $3.8M (14%)
- Merchandise sales: $1.0M (4%)
- Other: $499K (2%)
Questions
Which is bigger, Teamshares or Winmark?
Teamshares is the larger company: $149M of revenue in its latest quarter (Q2 2026) against $27.9M for Winmark (Q3 2026).
Is Teamshares or Winmark growing faster?
Winmark is growing faster (+23% against +20% a year earlier).
Which is more profitable, Teamshares or Winmark?
Winmark is more profitable, with an operating margin of 56.6% against 2.0%.
More: Teamshares earnings · how Teamshares makes money · Winmark earnings · how Winmark makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 14, 2026; 10-Q filed Oct 14, 2026). Fiscal quarters can end on different dates. Not investment advice.