$281.00

-1.29 (-0.46%)

Weekly Expected Move ±6.7%

$242 $261 $280 $299 $317

NASDAQ · Consumer Cyclical · Specialty Retail · Tech Score Sell · Power 37 · $1.0B mcap · 3M float · 2.45% daily turnover · Short 58% of daily vol

Credit Risk of going bust: lower than 80% of companies Debt: 5.8% of company value Bonds: none of note held by US funds details ▾

Of US companies ranked in the safest four tenths, about 1 in 3,500 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $1.38 (down 99.5%), Winmark Corporation would be worth roughly what it owes.
Total debt $62.5M against a stock market value of $1.01B.
Distance to default 9.52 (Merton model): prices to 2026-10-27, balance sheet 2026-09-26, debt counted $30.0M (short-term plus half of long-term), stock volatility 38.0%; Altman Z'' 7.27. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.

Revenue Segmentation

By Product / Service

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$86M +5.9% ▲

5Y CAGR: +5.4%

Gross Profit

$83M +6.5% ▲

5Y CAGR: +6.2%

Operating Income

$55M +3.1% ▲

5Y CAGR: +6.3%

Net Income

$42M +4.3% ▲

5Y CAGR: +6.9%

EPS (Diluted)

$11.30 +3.8% ▲

5Y CAGR: +7.9%

EBITDA

$57M +2.7% ▲

5Y CAGR: +6.6%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$78M	$81M	$83M	$81M	$86M
YoY Growth	+18.4%	+4.1%	+2.3%	-2.3%	+5.9%
Cost of Revenue	$5M	$5M	$5M	$3M	$3M
Gross Profit	$73M	$77M	$78M	$78M	$83M
Gross Margin	93.9%	94.2%	94.2%	95.8%	96.4%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$22M	$23M	$25M	$25M	$28M
Operating Expenses	$22M	$23M	$25M	$25M	$28M
Operating Income	$51M	$54M	$53M	$53M	$55M
Operating Margin	65.6%	65.9%	64.0%	65.1%	63.4%
Interest Expense	$1M	$3M	$3M	$3M	$2M
Income Before Tax	$50M	$51M	$51M	$51M	$53M
Tax Expense	$10M	$11M	$11M	$11M	$11M
Net Income	$40M	$39M	$40M	$40M	$42M
Net Margin	51.0%	48.4%	48.3%	49.2%	48.4%
EPS (Diluted)	$10.48	$10.97	$11.04	$10.89	$11.30
EBITDA	$52M	$55M	$56M	$55M	$57M
Shares Outstanding	4M	4M	4M	4M	4M

Line Item	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3
Revenue	$20M	$22M	$20M	$23M	$21M	$21M	$22M	$28M
Cost of Revenue	$817K	$888K	$766K	$663K	$786K	$618K	$818K	$5M
Gross Profit	$19M	$21M	$20M	$22M	$20M	$20M	$21M	$23M
Gross Margin	95.8%	95.9%	96.2%	97.1%	96.3%	97.0%	96.3%	82.9%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$6M	$7M	$7M	$7M	$7M	$8M	$8M	$7M
Operating Expenses	$6M	$7M	$7M	$7M	$7M	$8M	$8M	$7M
Operating Income	$13M	$14M	$13M	$15M	$13M	$12M	$14M	$16M
Operating Margin	65.3%	62.0%	64.0%	65.9%	61.7%	59.3%	62.1%	56.6%
Interest Expense	$694K	$614K	$610K	$610K	$613K	$614K	$614K	$610K
Income Before Tax	$12M	$13M	$13M	$15M	$13M	$12M	$13M	$15M
Tax Expense	$3M	$3M	$2M	$3M	$3M	$3M	$3M	$4M
Net Income	$10M	$10M	$11M	$11M	$10M	$9M	$10M	$12M
Net Margin	49.0%	45.4%	51.9%	49.2%	47.2%	44.4%	47.2%	42.4%
EPS (Diluted)	$2.60	$2.71	$2.89	$3.02	$2.69	$2.50	$2.81	$3.21
EBITDA	$13M	$14M	$13M	$16M	$14M	$13M	$14M	$16M
Shares Outstanding	4M	4M	4M	4M	4M	4M	4M	4M

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