WINMARK CORP (WINA) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	91.8M	86.1M	81.3M	83.2M	81.4M
Cost of Revenue	7.0M	3.1M	3.4M	4.9M	4.7M
Gross Profit	84.8M	83.0M	77.9M	78.4M	76.7M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	30.0M	28.4M	24.9M	25.1M	23.2M
General & Admin Expense	15.2M	—	24.3M	24.4M	22.7M
Selling & Marketing Expense	—	—	600.0K	700.0K	491.9K
Other Expenses	—	—	(1.5K)	(5.6K)	(57.9K)
Total Operating Expenses	30.0M	28.4M	24.9M	25.1M	23.1M
Cost and Expenses	37.0M	31.5M	28.4M	30.0M	27.8M
Operating Income (EBIT)	54.8M	54.6M	52.9M	53.3M	53.6M
Non-Operating
Interest Income	753.2K	988.5K	1.2M	1.2M	85.6K
Interest Expense	2.5M	2.4M	2.9M	3.1M	2.9M
Net Interest Income	(1.7M)	(1.5M)	(1.7M)	(1.9M)	(2.8M)
Other Non-Op Income/Expense	(1.8M)	(1.5M)	(1.7M)	(1.9M)	(2.8M)
Non-Operating Income (excl Interest)	(753.3K)	(988.5K)	(1.2M)	(1.2M)	(85.6K)
EBT (Pre-Tax Income)	53.0M	53.1M	51.2M	51.4M	50.8M
Income Tax Expense	11.6M	11.5M	11.3M	11.2M	11.4M
Bottom Line
Net Income	41.4M	41.7M	40.0M	40.2M	39.4M
Earnings from Cont. Ops	41.4M	41.7M	40.0M	40.2M	39.4M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	41.4M	41.7M	40.0M	40.2M	39.4M
Per Share
Basic EPS	$11.57	$11.73	$11.36	$11.55	$11.30
Diluted EPS	$11.21	$11.30	$10.89	$11.04	$10.97
Revenue Per Share	$25.58	$24.24	$23.12	$23.92	$23.34
Shares
Basic Shares Outstanding	3.6M	3.5M	3.5M	3.5M	3.5M
Diluted Shares Outstanding	3.7M	3.7M	3.7M	3.6M	3.6M
Profitability Metrics
EBITDA	56.6M	56.7M	55.2M	55.5M	54.6M
D&A	1.0M	1.1M	1.1M	1.1M	869.1K
EBIT	55.6M	55.6M	54.1M	54.5M	53.7M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026