WD 40 Co income statement
In fiscal 2026, WD 40 Co reported revenue of $688m, up 11.0% on the year before, operating income of $109m (a 15.8% margin) and net income of $82.3m, or $6.08 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Aug 2010 | 2011Aug 2011 | 2012Aug 2012 | 2013Aug 2013 | 2014Aug 2014 | 2015Aug 2015 | 2016Aug 2016 | 2017Aug 2017 | 2018Aug 2018 | 2019Aug 2019 | 2020Aug 2020 | 2021Aug 2021 | 2022Aug 2022 | 2023Aug 2023 | 2024Aug 2024 | 2025Aug 2025 | 2026Aug 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 322 | 336 | 343 | 369 | 383 | 378 | 381 | 381 | 409 | 423 | 408 | 488 | 519 | 537 | 591 | 620 | 688 |
| Cost of revenue | — | — | — | — | — | — | 166 | 167 | 183 | 191 | 185 | 224 | 264 | 263 | 275 | 279 | 307 |
| Gross profit | 165 | 168 | 168 | 189 | 199 | 200 | 214 | 214 | 225 | 232 | 223 | 264 | 255 | 274 | 315 | 341 | 380 |
| Research and development | 5 | 6 | 5 | 7 | 7 | 9 | 8 | 8 | 7 | 7 | 6 | 6 | 5 | 6 | 8 | 9 | 8 |
| Selling, general and administrative | 87 | 87 | 89 | 104 | 109 | 109 | 118 | 115 | 121 | 124 | 122 | 145 | 139 | 155 | 184 | 200 | 225 |
| Operating income | 55 | 54 | 52 | 57 | 64 | 65 | 71 | 76 | 79 | 82 | 77 | 89 | 87 | 90 | 96 | 104 | 109 |
| Interest expense | 2 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 4 | 3 | 2 | 2 | 3 | 6 | 4 | 3 | 3 |
| Income before tax | 54 | 54 | 51 | 57 | 63 | 63 | 73 | 75 | 75 | 81 | 76 | 86 | 84 | 85 | 92 | 102 | 106 |
| Income tax | 17 | 17 | 15 | 17 | 19 | 18 | 20 | 22 | 10 | 25 | 15 | 16 | 17 | 19 | 22 | 11 | 24 |
| Net income | 36 | 36 | 35 | 40 | 44 | 45 | 53 | 53 | 65 | 56 | 61 | 70 | 67 | 66 | 70 | 91 | 82 |
| Diluted EPS | $2.15 | $2.14 | $2.20 | $2.54 | $2.87 | $3.04 | $3.64 | $3.72 | $4.64 | $4.02 | $4.40 | $5.09 | $4.90 | $4.83 | $5.11 | $6.69 | $6.08 |
| Diluted shares (average) | 17m | 17m | 16m | 16m | 15m | 15m | 14m | 14m | 14m | 14m | 14m | 14m | 14m | 14m | 14m | 14m | 13m |
| EBITDA | 59 | 59 | 57 | 62 | 70 | 72 | 78 | 83 | 86 | 90 | 85 | 96 | 96 | 98 | 106 | 112 | 119 |
| Quarter | 2025 Q1Nov 2024 | 2025 Q2Feb 2025 | 2025 Q3May 2025 | 2025 Q4Aug 2025 | 2026 Q1Nov 2025 | 2026 Q2Feb 2026 | 2026 Q3May 2026 | 2026 Q4Aug 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 153 | 146 | 157 | 163 | 154 | 162 | 195 | 177 |
| Cost of revenue | 69 | 66 | 69 | 74 | 68 | 72 | 85 | 83 |
| Gross profit | 84 | 80 | 88 | 89 | 87 | 90 | 110 | 93 |
| Selling, general and administrative | 51 | 49 | 52 | 49 | 55 | 55 | 57 | 58 |
| Operating income | 25 | 23 | 27 | 28 | 23 | 26 | 40 | 19 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Income before tax | 24 | 22 | 27 | 27 | 23 | 26 | 40 | 18 |
| Income tax | 5 | −7 | 6 | 6 | 5 | 6 | 9 | 4 |
| Net income | 19 | 30 | 21 | 21 | 17 | 20 | 30 | 14 |
| Diluted EPS | $1.39 | $2.19 | $1.54 | $1.56 | $1.28 | $1.50 | $2.24 | $1.06 |
| EBITDA | 27 | 25 | 29 | 30 | 25 | 29 | 44 | 22 |
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