WD-40 Financial Statements
NASDAQ: WDFCIndustrialsMajor ChemicalsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
WD-40 revenue and earnings
In fiscal 2025, WD-40 generated $620.0 million in revenue, up 5.0% from fiscal 2024, its 5th consecutive year of revenue growth. Net income was $91.0 million (+30.7% year over year), for a net margin of 14.7% versus a median of 13.0% in the prior 5 years. Gross margin was 55.1% (up from 53.4%) and operating margin 16.7%.
Diluted earnings per share came in at $6.69, up from $5.11. Over the last 5 fiscal years, WDFC's revenue has grown at a 8.7% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
WD-40 income statement (annual)
| Fiscal year (USD) | FY 20252025-08-31 | FY 20242024-08-31 | FY 20232023-08-31 | FY 20222022-08-31 | FY 20212021-08-31 | FY 20202020-08-31 | FY 20192019-08-31 | FY 20182018-08-31 | FY 20172017-08-31 | FY 20162016-08-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 619.99M | 590.56M | 537.25M | 518.82M | 488.11M | 408.50M | 423.35M | 408.52M | 380.51M | 380.67M |
| Revenue growth (YoY) | +4.98% | +9.92% | +3.55% | +6.29% | +19.49% | -3.51% | +3.63% | +7.36% | -0.04% | +0.67% |
| Cost of Revenue | 278.64M | 275.33M | 263.04M | 264.06M | 224.37M | 185.48M | 191.01M | 183.25M | 166.62M | 166.30M |
| Gross Profit | 341.34M | 315.23M | 274.22M | 254.76M | 263.74M | 223.02M | 232.34M | 225.26M | 213.88M | 214.37M |
| Operating Expenses | 237.55M | 218.88M | 184.50M | 167.44M | 174.90M | 145.80M | 149.96M | 146.66M | 137.98M | 143.02M |
| Research & Development | 8.70M | 8.00M | 6.20M | 5.10M | 5.60M | 6.00M | 6.50M | 7.00M | 8.40M | 7.70M |
| Selling, General & Admin | 199.94M | 183.86M | 154.68M | 138.66M | 145.49M | 121.98M | 123.95M | 121.39M | 114.56M | 117.77M |
| Operating Income | 103.79M | 96.35M | 89.72M | 87.33M | 88.84M | 77.22M | 82.38M | 78.60M | 75.91M | 71.35M |
| Interest Expense | 3.44M | 4.29M | 5.61M | 2.74M | 2.40M | 2.44M | 2.54M | 4.22M | 2.58M | 1.70M |
| Other Income (Expense) | 757.00K | -1.03M | 822.00K | -582.00K | -28.00K | 641.00K | 774.00K | 339.00K | 787.00K | 2.46M |
| Pretax Income | 101.63M | 91.51M | 85.16M | 84.11M | 86.50M | 75.52M | 80.77M | 75.18M | 74.62M | 72.79M |
| Income Tax | 10.63M | 21.86M | 19.17M | 16.78M | 16.27M | 14.80M | 24.86M | 9.96M | 21.69M | 20.16M |
| Net Income | 90.99M | 69.64M | 65.99M | 67.33M | 70.23M | 60.71M | 55.91M | 65.22M | 52.93M | 52.63M |
| Net Income growth (YoY) | +30.66% | +5.53% | -1.98% | -4.13% | +15.68% | +8.59% | -14.27% | +23.21% | +0.57% | +17.45% |
| EPS (Basic) | 6.70 | 5.12 | 4.84 | 4.91 | 5.11 | 4.41 | 4.03 | 4.65 | 3.73 | 3.65 |
| EPS (Diluted) | 6.69 | 5.11 | 4.83 | 4.90 | 5.09 | 4.40 | 4.02 | 4.64 | 3.72 | 3.64 |
| Shares Outstanding (Basic) | 13.54M | 13.55M | 13.58M | 13.67M | 13.70M | 13.69M | 13.80M | 13.93M | 14.09M | 14.33M |
| Shares Outstanding (Diluted) | 13.57M | 13.58M | 13.60M | 13.70M | 13.73M | 13.72M | 13.83M | 13.96M | 14.12M | 14.38M |
| EBITDA | 111.98M | 105.81M | 97.88M | 95.62M | 95.86M | 84.92M | 89.97M | 86.40M | 82.68M | 77.81M |
| Gross Margin | 55.06% | 53.38% | 51.04% | 49.10% | 54.03% | 54.59% | 54.88% | 55.14% | 56.21% | 56.31% |
| Operating Margin | 16.74% | 16.32% | 16.70% | 16.83% | 18.20% | 18.90% | 19.46% | 19.24% | 19.95% | 18.74% |
| Net Margin | 14.68% | 11.79% | 12.28% | 12.98% | 14.39% | 14.86% | 13.21% | 15.96% | 13.91% | 13.83% |
This table shows 10 annual periods of WD-40's income statement, from FY 2025 back to FY 2016, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow WDFC's reporting calendar. What is a income statement?