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WD-40 Company WDFC
$ 217.17 0.19%
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Quarterly report 2026-Q3
added 07-09-2026

WD-40 Company Income Statement 2025-2009 | WDFC

Brief overview of financial performance at WD-40 Company

The conclusions below are based on five years of reported results. According to figures from WD-40 Company, revenue changed from $408 million to $620 million over five years. The total change was +51.8%, with a CAGR of approximately 8.7%. The direction is positive, but the growth rate is not particularly high.

Gross profit was 223 million dollars at the start and 341 million dollars at the end of the period (+53.1%). There was no major divergence between sales and cost of revenue. Gross margin moved from 54.6% to 55.1%. There was no meaningful shift in gross profitability.

Over the period, EBITDA shifted from $84.9 million to $112 million, a change of +31.9%. EBITDA lagged revenue, showing weaker operating momentum. At the operating-margin level, the figure shifted from 20.8% to 18.1%. Operating return per unit of revenue declined.

The five-year change in net income was +49.9%: from $60.7 million to $91 million. The period finished with its strongest net-income result.

Over the period, capitalization shifted from $4.1 billion to $2.6 billion (−36%). Investors remain cautious despite better financial results.

Conclusion

Positive developments coexist with areas of weakness. Key strengths include revenue expansion, steady gross profitability and a stronger final result. The overall view is constrained by pressure on operating profitability and lower investor confidence. Further direction will depend on top-line growth, operating profitability, and net income.

Annual Income Statement WD-40 Company

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009

Market Cap

 2.65 B 3.5 B 2.86 B 2.05 B 3.04 B 4.13 B 2.53 B 2.4 B 1.58 B 1.61 B 1.3 B 1.02 B 1.01 B 838 M 669 M 539 M -

Shares

 13.5 M 13.6 M 13.6 M 13.7 M 13.7 M 13.7 M 13.8 M 13.9 M 14.1 M 14.3 M 14.6 M 15.1 M 15.5 M 15.9 M 16.8 M 16.6 M -

Historical Prices

 195 259 210 150 222 303 183 176 118 98.3 95.1 74.3 61.1 46.4 37 32.5 27.5

Net Income

 91 M 69.6 M 66 M 67.3 M 70.2 M 60.7 M 55.9 M 65.2 M 52.9 M 52.6 M 44.8 M 43.7 M 39.8 M 35.5 M 36.4 M 36.1 M -

Revenue

 620 M 591 M 537 M 519 M 488 M 408 M 423 M 409 M 381 M 381 M 378 M 383 M 369 M 343 M 336 M - -

Cost of Revenue

 279 M 275 M 263 M 264 M 224 M 185 M 191 M 183 M 167 M 166 M - - - - - - -

Gross Profit

 341 M 315 M 274 M 255 M 264 M 223 M 232 M 225 M 214 M 214 M 200 M 199 M 189 M 168 M 168 M 165 M -

Operating Income

 104 M 96.4 M 89.7 M 87.3 M 88.8 M 77.2 M 82.4 M 78.6 M 75.9 M 71.3 M 65.4 M 63.7 M 56.6 M 51.7 M 54.1 M 55.2 M -

Interest Expense

 757 K -1.03 M 5.61 M 2.74 M 2.4 M 2.44 M 2.54 M 4.22 M 2.58 M 1.7 M 1.2 M 1 M 693 K 729 K 1.08 M 1.73 M -

EBITDA

 112 M 106 M 97.9 M 95.6 M 95.9 M 84.9 M 85.1 M 81.6 M 78.8 M 74.3 M 68.4 M 66.4 M 60 M 53.9 M 55.7 M 59.4 M -

Operating Expenses

 238 M 219 M 184 M 167 M 175 M 146 M 150 M 147 M 138 M 143 M 135 M 135 M 131 M 117 M 114 M 110 M -

General and Administrative Expenses

 200 M 184 M 155 M 139 M 145 M 122 M 124 M 121 M 115 M 118 M 109 M 109 M 104 M 88.9 M 87.3 M 87.3 M -

All numbers in USD currency

Quarterly Income Statement WD-40 Company

2026-Q3 2026-Q2 2026-Q1 2025-Q4 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

 13.5 M 13.5 M 13.5 M 13.5 M 13.5 M 13.5 M 13.6 M 13.5 M 13.5 M 13.6 M 13.6 M 13.6 M 13.6 M 13.6 M 13.6 M 13.6 M 13.6 M 13.7 M 13.7 M 13.7 M 13.7 M 13.7 M 13.7 M 13.7 M 13.7 M 13.7 M 13.7 M 13.7 M 13.8 M 13.8 M 13.8 M 13.8 M 13.9 M 13.9 M 13.8 M 14 M 14.1 M 14.1 M 14 M 14.2 M 14.4 M 14.3 M 14.2 M 14.4 M 14.6 M 14.5 M 14.4 M 14.7 M 15.2 M 15 M 14.7 M 15.3 M 15.6 M 15.5 M 15.3 M 15.7 M 16 M 15.9 M 15.7 M 16.1 M 16.9 M 16.9 M 16.1 M

Net Income

 30.2 M 20.3 M 20.3 M 17.5 M - 21 M 29.9 M 18.9 M - 19.8 M 15.5 M 17.5 M - 18.9 M 16.5 M 14 M - 14.5 M 19.5 M 18.6 M 61.8 M 18.6 M 18.6 M 23.6 M 23.6 M 23.6 M 23.6 M 12.2 M 12.2 M 12.2 M 15.9 M 13.3 M 13.3 M 13.3 M 13.3 M 12.6 M 38.6 M 14.4 M 12.6 M 11.8 M 38.4 M 12.7 M 11.8 M 12.1 M 33.1 M 11 M 12.1 M 10.8 M 32.2 M 10.4 M 10.8 M 11.5 M 31.7 M 10.3 M 11.5 M 10.9 M 26.5 M 9.14 M 10.9 M 6.79 M 26.2 M 8.06 M 6.79 M

Revenue

 195 M 162 M 162 M 154 M - 157 M 146 M 153 M - 155 M 139 M 140 M - 142 M 130 M 125 M - 124 M 130 M 135 M 373 M 136 M 112 M 125 M 297 M 98.2 M 100 M 98.6 M 317 M 114 M 101 M 101 M 306 M 107 M 101 M 97.6 M 284 M 98.2 M 96.5 M 89.2 M 284 M 96.4 M 89.2 M 92.5 M 286 M 92.5 M 92.5 M 96.4 M 285 M 95.6 M 96.4 M 95.5 M 275 M 93.1 M 95.5 M 95.3 M 258 M 87 M 95.3 M 84.9 M 246 M 85.5 M 84.9 M

Cost of Revenue

 84.7 M 71.7 M 71.7 M 67.6 M - 68.8 M 66.4 M 69.4 M - 72.7 M 66.2 M 64.9 M - 70 M 64.1 M 60.6 M - 64.7 M 64.5 M 66.3 M 168 M 63.9 M 49.9 M 54.3 M 137 M 45.2 M 54.3 M 45 M 143 M 51.9 M 45.2 M 45.5 M 137 M 48.4 M 45.5 M 43.4 M - - - - - - - - - - - - - - - - - - - - - - - - - - -

Gross Profit

 110 M 89.9 M 89.9 M 86.8 M - 88.1 M 79.7 M 84.1 M - 82.4 M 72.9 M 75.6 M - 71.8 M 66.1 M 64.3 M - 59 M 65.5 M 68.5 M 205 M 72.5 M 62 M 70.2 M 160 M 53 M 70.2 M 53.5 M 174 M 62.1 M 56.2 M 55.8 M 169 M 58.7 M 55.8 M 54.2 M 160 M 54.3 M 54.2 M 51 M 159 M 54.8 M 51 M 51.4 M 150 M 49.3 M 51.4 M 49.7 M 147 M 49.1 M 49.7 M 49.7 M 140 M 47.8 M 49.7 M 47.7 M 127 M 43.1 M 47.7 M 41.3 M 124 M 42.1 M 41.3 M

Operating Income

 40.3 M 26.3 M 26.3 M 23.3 M - 27.4 M 23.3 M 25.1 M - 27.2 M 20.9 M 24.2 M - 25.7 M 22.2 M 18.7 M - 19 M 24.7 M 24.1 M 76.4 M 27.3 M 20.7 M 28.4 M 52.7 M 19.8 M 28.4 M 14.7 M 59.3 M 23.2 M 19.7 M 16.4 M 58.8 M 22.3 M 16.4 M 17.1 M 56 M 20.6 M 17.1 M 16.5 M 53.7 M 18.7 M 16.5 M 17.1 M 49.6 M 16.4 M 17.1 M 15.6 M 47.1 M 15.1 M 15.6 M 16.8 M 45.3 M 15 M 16.8 M 15.9 M 38.1 M 13.1 M 15.9 M 10.3 M 39 M 11.8 M 10.3 M

Interest Expense

 -127 K 78 K 78 K -197 K - 880 K 74 K -141 K - -283 K -193 K -40 K - 243 K 1.5 M 1.17 M - 669 K 613 K 620 K 1.8 M 615 K 610 K 570 K 1.81 M 778 K 570 K 442 K 1.96 M 567 K 685 K 710 K 3.05 M 1.2 M 710 K 841 K 1.82 M 693 K 841 K 531 K 1.22 M 433 K 531 K 372 K 912 K 343 K 372 K 294 K 709 K 268 K 294 K 215 K 483 K 182 K 215 K 125 K 484 K 159 K 125 K 242 K 818 K 277 K 242 K

EBITDA

 48.2 M 30.8 M 26.3 M 25.4 M - 27.4 M 23.3 M 27.2 M - 27.5 M 21.2 M 26.4 M - 27.7 M 24.1 M 20.6 M - 21 M 26.8 M 26 M 81.6 M 29.1 M 22.4 M 30.1 M 58.7 M 21.8 M 30.1 M 16.7 M 65 M 25.1 M 21.6 M 18.3 M 64.7 M 24.3 M 18.3 M 19.1 M 61 M 22.3 M 19.1 M 18.1 M 58.6 M 20.2 M 18.1 M 18.8 M 54.4 M 17.9 M 18.8 M 17.2 M 51.5 M 16.6 M 17.2 M 18.1 M 49 M 16.3 M 18.1 M 17.1 M 41.8 M 14.4 M 17.1 M 11.5 M 42.2 M 13.7 M 11.5 M

Operating Expenses

 70.1 M 63.7 M 63.7 M 63.6 M - 60.7 M 56.4 M 59 M - 55.2 M 52 M 51.4 M - 46.1 M 43.9 M 45.6 M - 40 M 40.8 M 44.4 M 128 M 45.1 M 41.4 M 41.9 M 107 M 33.2 M 41.9 M 38.8 M 115 M 38.9 M 36.4 M 39.4 M 110 M 36.3 M 39.4 M 37.1 M 104 M 33.7 M 37.1 M 34.5 M 105 M 36.1 M 34.5 M 34.3 M 101 M 32.9 M 34.3 M 34.1 M 100 M 34 M 34.1 M 32.9 M 94.4 M 32.8 M 32.9 M 31.9 M 88.4 M 29.9 M 31.9 M 31 M 85.4 M 30.3 M 31 M

General and Administrative Expenses

 56.7 M 54.8 M 54.8 M 55.3 M - 51.5 M 49 M 50.5 M - 45.6 M 45 M 44.1 M - 38.2 M 37.7 M 40 M - 33.6 M 34.8 M 38.4 M 110 M 38.1 M 35.5 M 36 M 90.4 M 27.9 M 36 M 32.6 M 95.3 M 32 M 30.6 M 32.7 M 91.7 M 30.1 M 32.7 M 31.2 M 86.4 M 27.6 M 31.2 M 29 M 85.8 M 29.2 M 29 M 27.8 M 81.4 M 26.6 M 27.8 M 27.4 M 80.2 M 26.9 M 27.4 M 26.7 M 74.9 M 25.7 M 26.7 M 25.3 M 67.3 M 22.7 M 25.3 M 22.6 M 65.9 M 22.6 M 22.6 M

All numbers in USD currency

The income statement is one of the three key financial reports of a company WD-40 Company (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

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