Winmark Q1 profit falls to $2.50 per diluted share from $2.71; revenue declines
Winmark reported first-quarter 2026 net income of $9.3 million, or $2.50 per diluted share, down from $9.96 million, or $2.71 per diluted share, a year earlier. Total revenue fell to $20.8 million from $21.9 million, and the prior-year quarter included $2.2 million of leasing income from a customer litigation settlement. The Board also approved a quarterly dividend of $1.02 per share payable June 1, 2026.
Key points
- Q1 2026 net income was $9,254,700, or $2.50 per diluted share, versus $9,956,400, or $2.71, in Q1 2025.
- Total revenue was $20,849,700 versus $21,919,700; royalties rose to $19,262,800 from $17,774,700, while leasing income was zero versus $2,307,800.
- Income from operations was $12,361,600 versus $13,596,600 a year earlier.
- Quarterly dividend of $1.02 per share: record date May 13, 2026; payment date June 1, 2026.
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing 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 April 15, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.