WGO (WGO) financial statements
WGO reported revenue of $2.8B in fiscal 2025, up 12.4% a year over 9 years.
Net income was $26M and the operating margin 2.0%, against 6.7% in 2016.
Free cash flow was $90M, and the company returned $39M in dividends and $54M in net buybacks.
The diluted share count rose 5% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from WGO's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $975M | $1.5B | $2.0B | $2.0B | $2.4B | $3.6B | $5.0B | $3.5B | $3.0B | $2.8B |
| Cost of revenue | $863M | $1.3B | $1.7B | $1.7B | $2.0B | $3.0B | $4.0B | $2.9B | $2.5B | $2.4B |
| Gross profit | $113M | $223M | $300M | $307M | $313M | $650M | $929M | $586M | $434M | $365M |
| Research and development | $4M | — | — | — | — | — | — | — | — | — |
| Selling, general and admin | $53M | $98M | $130M | $142M | $177M | $229M | $316M | $268M | $280M | $286M |
| Operating income | $66M | $125M | $160M | $155M | $114M | $407M | $584M | $301M | $100M | $57M |
| Interest expense | $0 | $17M | $18M | $18M | $37M | $40M | $41M | $20M | $21M | $26M |
| Pre-tax income | $66M | $109M | $143M | $139M | $77M | $368M | $515M | $279M | $38M | $30M |
| Income tax | $21M | $37M | $40M | $27M | $16M | $86M | $124M | $63M | $25M | $4M |
| Net income | $45M | $71M | $102M | $112M | $61M | $282M | $391M | $216M | $13M | $26M |
| EPS (diluted) | $1.68 | $2.32 | $3.22 | $3.52 | $1.84 | $8.28 | $11.84 | $6.23 | $0.44 | $0.91 |
| Diluted shares | 27M | 31M | 32M | 32M | 33M | 34M | 33M | 35M | 30M | 28M |
| Gross margin | 11.6% | 14.4% | 14.9% | 15.5% | 13.3% | 17.9% | 18.7% | 16.8% | 14.6% | 13.0% |
| Operating margin | 6.7% | 8.1% | 8.0% | 7.8% | 4.8% | 11.2% | 11.8% | 8.6% | 3.4% | 2.0% |
| Net margin | 4.7% | 4.6% | 5.1% | 5.6% | 2.6% | 7.8% | 7.9% | 6.2% | 0.4% | 0.9% |
Balance sheet
Fiscal years, from WGO's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $86M | $36M | $2M | $37M | $293M | $435M | $282M | $310M | $331M | $174M |
| Receivables | $66M | $125M | $165M | $158M | $221M | $254M | $254M | $178M | $184M | $192M |
| Inventory | $123M | $142M | $195M | $201M | $183M | $341M | $526M | $471M | $439M | $396M |
| Total current assets | $281M | $314M | $372M | $411M | $714M | $1.1B | $1.1B | $997M | $989M | $792M |
| Property, plant and equipment | $56M | $72M | $101M | $128M | $175M | $191M | $276M | $327M | $339M | $333M |
| Goodwill | $1M | $243M | $274M | $275M | $348M | $348M | $484M | $514M | $484M | $484M |
| Total assets | $391M | $903M | $1.1B | $1.1B | $1.7B | $2.1B | $2.4B | $2.4B | $2.4B | $2.2B |
| Total current liabilities | $93M | $167M | $204M | $198M | $300M | $407M | $522M | $396M | $405M | $327M |
| Long-term debt | $0 | $272M | $291M | $245M | $513M | $529M | $546M | $592M | $637M | $540M |
| Total liabilities | $122M | $461M | $517M | $472M | $886M | $1.0B | $1.2B | $1.1B | $1.1B | $930M |
| Shareholders' equity | $268M | $442M | $534M | $632M | $828M | $1.1B | $1.3B | $1.4B | $1.3B | $1.2B |
| Net debt | -$86M | $239M | $289M | $217M | $220M | $94M | $264M | $282M | $365M | $366M |
Cash flow
Fiscal years, from WGO's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $53M | $97M | $83M | $134M | $270M | $237M | $401M | $294M | $144M | $129M |
| Capital spending | $25M | $14M | $29M | $41M | $32M | $45M | $88M | $83M | $45M | $39M |
| Free cash flow | $28M | $83M | $55M | $93M | $238M | $192M | $313M | $211M | $99M | $90M |
| Stock-based compensation | $3M | $3M | $7M | $7M | $6M | $15M | $17M | $11M | $15M | $16M |
| Dividends paid | $11M | $13M | $13M | $14M | $15M | $16M | $24M | $33M | $37M | $39M |
| Share buybacks (net) | -$3M | -$2M | -$6M | -$8M | -$2M | -$48M | -$214M | -$55M | -$74M | -$54M |
| Free cash flow margin | 2.9% | 5.4% | 2.7% | 4.7% | 10.1% | 5.3% | 6.3% | 6.1% | 3.3% | 3.2% |
| Dividends per share | $0.40 | $0.41 | $0.40 | $0.43 | $0.44 | $0.48 | $0.72 | $0.94 | $1.25 | $1.37 |
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Open WGO in InvestinglyQuestions
What was WGO's revenue in 2025?
$2.8B in fiscal 2025, from its 10-K filing.
How much free cash flow does WGO generate?
$90M in fiscal 2025 (operating cash flow minus capital spending).
From WGO's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.