NASDAQ: WINA
WINMARK CORPCIK 0000908315 · SIC 5900 · Retail Stores NEC
Small
Revenue $86M
Assets $43M
as of Oct 4, 2026
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8-K
Filed Oct 14, 2026
· Period ending Oct 13, 2026
Summary not yet generated.
10-Q
Filed Oct 14, 2026
· Period ending Sep 26, 2026
Summary not yet generated.
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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.
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 Oct 14, 2026 (period ending Sep 26, 2026). As printed on the EDGAR/iXBRL face — not generated by the model.
Consolidated Condensed Statements of Operations (Unaudited)
| Description | Three months ended September 26, 2026 | Three months ended September 27, 2025 | Nine months ended September 26, 2026 | Nine months ended September 27, 2025 |
|---|---|---|---|---|
| Revenue: | ||||
| Royalties | 21,707,800 | 20,911,300 | 61,087,600 | 57,348,000 |
| North American advertising fund | 3,825,300 | — | 3,825,300 | — |
| Software | 497,100 | 93,100 | 678,900 | 278,900 |
| Franchise fees | 330,100 | 417,600 | 1,092,500 | 1,088,100 |
| Merchandise sales | 1,031,500 | 693,600 | 2,544,700 | 2,438,500 |
| Leasing income | — | 46,600 | — | 2,401,100 |
| Other | 498,700 | 470,700 | 1,477,200 | 1,414,800 |
| Total revenue | 27,890,500 | 22,632,900 | 70,706,200 | 64,969,400 |
| North American advertising fund expense | 3,825,300 | — | 3,825,300 | — |
| Cost of merchandise sold | 947,300 | 663,300 | 2,384,200 | 2,318,100 |
| Selling, general and administrative expenses | 7,332,100 | 7,046,400 | 22,708,200 | 21,070,500 |
| Income from operations | 15,785,800 | 14,923,200 | 41,788,500 | 41,580,800 |
| Interest expense | (610,300) | (610,300) | (1,834,000) | (1,833,900) |
| Interest and other income | 242,100 | 310,300 | 516,500 | 714,800 |
| Income before income taxes | 15,417,600 | 14,623,200 | 40,471,000 | 40,461,700 |
| Provision for income taxes | (3,599,500) | (3,486,700) | (9,003,300) | (8,767,500) |
| Net income | 11,818,100 | 11,136,500 | 31,467,700 | 31,694,200 |
| Earnings per share basic | 3.29 | 3.13 | 8.79 | 8.94 |
| Earnings per share diluted | 3.21 | 3.02 | 8.51 | 8.61 |
| Weighted average shares outstanding basic | 3,588,328 | 3,553,211 | 3,581,906 | 3,543,766 |
| Weighted average shares outstanding diluted | 3,685,668 | 3,693,154 | 3,697,251 | 3,679,745 |
Consolidated Condensed Balance Sheets (Unaudited)
| Description | September 26, 2026 | December 27, 2025 |
|---|---|---|
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | 27,964,200 | 10,295,700 |
| Restricted cash | 150,000 | 165,000 |
| Receivables, less allowance for credit losses of $500 and $500 | 2,253,300 | 1,483,500 |
| Income tax receivable | — | 463,600 |
| Inventories | 789,200 | 362,500 |
| Prepaid expenses | 1,447,200 | 1,325,700 |
| Total current assets | 32,603,900 | 14,096,000 |
| Property and equipment, net | 1,214,400 | 1,219,000 |
| Operating lease right of use asset | 1,482,300 | 1,761,500 |
| Intangible assets, net | 2,020,800 | 2,286,300 |
| Capitalized software | 2,272,400 | — |
| Goodwill | 607,500 | 607,500 |
| Other assets | 528,500 | 506,400 |
| Deferred income taxes | 4,304,900 | 4,407,400 |
| 45,034,700 | 24,884,100 | |
| LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT) | ||
| Current Liabilities: | ||
| Accounts payable | 1,824,800 | 1,673,900 |
| Income tax payable | 100,200 | — |
| Accrued liabilities | 6,612,500 | 2,324,800 |
| Deferred revenue | 1,666,900 | 1,667,300 |
| Total current liabilities | 10,204,400 | 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 $25,300 and $39,000 | 29,974,700 | 29,961,000 |
| Deferred revenue | 8,447,400 | 8,350,100 |
| Operating lease liabilities | 1,869,500 | 2,414,200 |
| Other liabilities | 1,936,000 | 2,175,200 |
| Total long-term liabilities | 72,227,600 | 72,900,500 |
| Shareholders’ Equity (Deficit): | ||
| Common stock, no par value, 10,000,000 shares authorized, 3,559,195 and 3,571,861 shares issued and outstanding | 15,181,700 | 19,612,800 |
| Retained earnings (accumulated deficit) | (52,579,000) | (73,295,200) |
| Total shareholders' equity (deficit) | (37,397,300) | (53,682,400) |
| 45,034,700 | 24,884,100 | |
Consolidated Condensed Statements of Cash Flows (Unaudited)
| Description | Nine months ended September 26, 2026 | Nine months ended September 27, 2025 |
|---|---|---|
| OPERATING ACTIVITIES: | ||
| Net income | 31,467,700 | 31,694,200 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation of property and equipment | 281,300 | 295,500 |
| Amortization of intangible assets | 265,500 | 265,500 |
| Compensation expense related to stock options | 1,917,200 | 1,666,900 |
| Deferred income taxes | 102,600 | 160,100 |
| Operating lease right of use asset amortization | 279,200 | 252,700 |
| Tax benefits on exercised stock options | 898,800 | 1,091,900 |
| Change in operating assets and liabilities: | ||
| Receivables | (769,800) | (316,500) |
| Income tax receivable/payable | (335,000) | (998,500) |
| Inventories | (426,700) | 113,900 |
| Prepaid expenses | (121,600) | (44,500) |
| Other assets | (22,100) | (5,000) |
| Accounts payable | 150,900 | (188,800) |
| Accrued and other liabilities | 1,763,500 | 2,054,900 |
| Deferred revenue | 96,900 | 331,500 |
| Net cash provided by operating activities | 35,548,400 | 36,373,800 |
| INVESTING ACTIVITIES: | ||
| Capitalized software | (2,272,400) | — |
| Purchase of property and equipment | (276,700) | (172,700) |
| Net cash used for investing activities | (2,549,100) | (172,700) |
| FINANCING ACTIVITIES: | ||
| Repurchases of common stock | (8,091,600) | (2,418,700) |
| Proceeds from exercises of stock options | 3,497,200 | 3,754,000 |
| Dividends paid | (10,751,400) | (9,991,400) |
| Net cash used for financing activities | (15,345,800) | (8,656,100) |
| NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | 17,653,500 | 27,545,000 |
| Cash, cash equivalents and restricted cash, beginning of period | 10,460,700 | 12,329,800 |
| Cash, cash equivalents and restricted cash, end of period | 28,114,200 | 39,874,800 |
| SUPPLEMENTAL DISCLOSURES: | ||
| Cash paid for interest | 1,802,900 | 1,815,500 |
| Cash paid for income taxes | 8,210,800 | 8,514,100 |
| SUPPLEMENTAL NONCASH FINANCING ACTIVITIES | ||
| During the nine months ended September 26, 2026, the Company repurchased $9.85 million of its common stock under its share repurchase program. At September 26, 2026, $1.75 million of such repurchases was included in Accrued liabilities within the Consolidated Condensed Balance Sheets. Cash payments for repurchased shares during the quarter totaled $8.10 million | ||
| 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: | ||
| Nine Months Ended | ||
| September 26, 2026 | ||
| Cash and cash equivalents | 27,964,200 | 39,734,800 |
| Restricted cash | 150,000 | 140,000 |
| Total cash, cash equivalents and restricted cash | 28,114,200 | 39,874,800 |
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 ↗