Winmark full-year 2025 net income rises to $41.7 million, $11.30 per diluted share
Winmark Corporation reported results for the year ended December 27, 2025, with net income of $41.7 million, or $11.30 per diluted share, up from $40.0 million, or $10.89 per diluted share, in 2024. Revenue rose to $86.1 million from $81.3 million, and fourth-quarter net income was $9.96 million, or $2.69 per diluted share. The CEO said the company made significant investments in marketing, technology, and innovation during the year, which increased selling, general and administrative expenses.
Key points
- Full-year 2025 revenue was $86.1 million, up from $81.3 million in 2024.
- Full-year 2025 diluted EPS was $11.30, compared with $10.89 in 2024.
- Fourth-quarter 2025 net income was $9.96 million, or $2.69 per diluted share, versus $9.58 million, or $2.60, a year earlier.
- Selling, general and administrative expenses rose to $28.4 million from $24.9 million.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 18, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.