NASDAQ: WINA
WINMARK CORPCIK 0000908315 · SIC 5900 · Retail Stores NEC
Small
Revenue $86M
Assets $43M
as of Aug 23, 2026
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10-Q
Filed Jul 15, 2026
· Period ending Jun 27, 2026
Summary not yet generated.
8-K
Filed Jul 15, 2026
· Period ending Jul 15, 2026
Summary not yet generated.
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8-K
Filed May 6, 2026
· Period ending May 5, 2026
Summary not yet generated.
8-K
Filed Apr 22, 2026
· Period ending Apr 22, 2026
Summary not yet generated.
10-Q
Filed Apr 15, 2026
· Period ending Mar 28, 2026
Summary not yet generated.
10-K
Filed Feb 25, 2026
· Period ending Dec 27, 2025
Summary not yet generated.
10-K
Filed Feb 26, 2025
· Period ending Dec 28, 2024
Summary not yet generated.
Latest financial statements
From 10-Q filed Jul 15, 2026 (period ending Jun 27, 2026). As printed on the EDGAR/iXBRL face — not generated by the model.
Consolidated Condensed Statements of Operations (Unaudited)
| Description | Three months ended June 27, 2026 | Three months ended June 28, 2025 | Six months ended June 27, 2026 | Six months ended June 28, 2025 |
|---|---|---|---|---|
| Revenue: | ||||
| Royalties | 20,117,000 | 18,662,100 | 39,379,800 | 36,436,700 |
| Leasing income | — | 46,600 | — | 2,354,500 |
| Merchandise sales | 859,300 | 803,600 | 1,513,200 | 1,744,900 |
| Franchise fees | 419,500 | 338,400 | 762,400 | 670,400 |
| Other | 570,200 | 566,100 | 1,160,300 | 1,129,900 |
| Total revenue | 21,966,000 | 20,416,800 | 42,815,700 | 42,336,400 |
| Cost of merchandise sold | 818,500 | 766,500 | 1,437,000 | 1,654,800 |
| Selling, general and administrative expenses | 7,506,400 | 6,589,200 | 15,376,000 | 14,024,000 |
| Income from operations | 13,641,100 | 13,061,100 | 26,002,700 | 26,657,600 |
| Interest expense | (609,800) | (609,800) | (1,223,700) | (1,223,600) |
| Interest and other income | 155,600 | 254,600 | 274,400 | 404,400 |
| Income before income taxes | 13,186,900 | 12,705,900 | 25,053,400 | 25,838,400 |
| Provision for income taxes | (2,792,100) | (2,104,700) | (5,403,800) | (5,280,800) |
| Net income | 10,394,800 | 10,601,200 | 19,649,600 | 20,557,600 |
| Earnings per share basic | 2.90 | 3.00 | 5.49 | 5.81 |
| Earnings per share diluted | 2.81 | 2.89 | 5.31 | 5.60 |
| Weighted average shares outstanding basic | 3,582,087 | 3,539,437 | 3,577,169 | 3,539,042 |
| Weighted average shares outstanding diluted | 3,696,010 | 3,673,135 | 3,701,516 | 3,673,039 |
Consolidated Condensed Balance Sheets (Unaudited)
| Description | June 27, 2026 | December 27, 2025 |
|---|---|---|
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | 25,834,500 | 10,295,700 |
| Restricted cash | 150,000 | 165,000 |
| Receivables, less allowance for credit losses of $500 and $500 | 1,843,400 | 1,483,500 |
| Income tax receivable | 436,800 | 463,600 |
| Inventories | 656,900 | 362,500 |
| Prepaid expenses | 1,846,100 | 1,325,700 |
| Total current assets | 30,767,700 | 14,096,000 |
| Property and equipment, net | 1,086,300 | 1,219,000 |
| Operating lease right of use asset | 1,577,700 | 1,761,500 |
| Intangible assets, net | 2,109,300 | 2,286,300 |
| Capitalized software | 2,210,300 | — |
| Goodwill | 607,500 | 607,500 |
| Other assets | 526,600 | 506,400 |
| Deferred income taxes | 4,304,800 | 4,407,400 |
| 43,190,200 | 24,884,100 | |
| LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT) | ||
| Current Liabilities: | ||
| Accounts payable | 2,113,100 | 1,673,900 |
| Accrued liabilities | 4,422,500 | 2,324,800 |
| Deferred revenue | 1,669,100 | 1,667,300 |
| Total current liabilities | 8,204,700 | 5,666,000 |
| Long-term Liabilities: | ||
| Line of credit/Term loan | 30,000,000 | 30,000,000 |
| Notes payable, net of unamortized debt issuance costs of $29,800 and $39,000 | 29,970,200 | 29,961,000 |
| Deferred revenue | 8,417,400 | 8,350,100 |
| Operating lease liabilities | 2,054,800 | 2,414,200 |
| Other liabilities | 2,165,800 | 2,175,200 |
| Total long-term liabilities | 72,608,200 | 72,900,500 |
| Shareholders’ Equity (Deficit): | ||
| Common stock, no par value, 10,000,000 shares authorized, 3,587,079 and 3,571,861 shares issued and outstanding | 23,110,400 | 19,612,800 |
| Retained earnings (accumulated deficit) | (60,733,100) | (73,295,200) |
| Total shareholders' equity (deficit) | (37,622,700) | (53,682,400) |
| 43,190,200 | 24,884,100 | |
Consolidated Condensed Statements of Cash Flows (Unaudited)
| Description | Six months ended June 27, 2026 | Six months ended June 28, 2025 |
|---|---|---|
| OPERATING ACTIVITIES: | ||
| Net income | 19,649,600 | 20,557,600 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation of property and equipment | 187,600 | 196,300 |
| Amortization of intangible assets | 177,000 | 177,000 |
| Compensation expense related to stock options | 1,228,300 | 1,065,600 |
| Deferred income taxes | 102,600 | 86,400 |
| Operating lease right of use asset amortization | 183,800 | 166,400 |
| Tax benefits on exercised stock options | 742,800 | 971,200 |
| Change in operating assets and liabilities: | ||
| Receivables | (359,900) | (371,500) |
| Income tax receivable/payable | (716,000) | (1,341,400) |
| Inventories | (294,400) | 35,500 |
| Prepaid expenses | (520,400) | 472,500 |
| Other assets | (20,200) | (14,300) |
| Accounts payable | 439,200 | (371,700) |
| Accrued and other liabilities | 1,737,900 | 2,178,000 |
| Deferred revenue | 69,200 | 315,700 |
| Net cash provided by operating activities | 22,607,100 | 24,123,300 |
| INVESTING ACTIVITIES: | ||
| Capitalized software | (2,210,300) | — |
| Purchase of property and equipment | (54,900) | (105,900) |
| Net cash used for investing activities | (2,265,200) | (105,900) |
| FINANCING ACTIVITIES: | ||
| Repurchases of common stock | — | (2,418,700) |
| Proceeds from exercises of stock options | 2,269,300 | 1,586,300 |
| Dividends paid | (7,087,400) | (6,584,600) |
| Net cash used for financing activities | (4,818,100) | (7,417,000) |
| NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | 15,523,800 | 16,600,400 |
| Cash, cash equivalents and restricted cash, beginning of period | 10,460,700 | 12,329,800 |
| Cash, cash equivalents and restricted cash, end of period | 25,984,500 | 28,930,200 |
| SUPPLEMENTAL DISCLOSURES: | ||
| Cash paid for interest | 1,207,800 | 1,207,800 |
| Cash paid for income taxes | 5,253,000 | 5,368,500 |
| The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the Consolidated Condensed Balance Sheets to the total of the same amounts shown above: | ||
| Six Months Ended | ||
| June 27, 2026 | ||
| Cash and cash equivalents | 25,834,500 | 28,765,200 |
| Restricted cash | 150,000 | 165,000 |
| Total cash, cash equivalents and restricted cash | 25,984,500 | 28,930,200 |
Amounts as printed on the EDGAR/iXBRL face. Labels, columns, and figures are the filing face, not a GAAP stencil. Interactive statements & notes on EDGAR ↗