Winmark (WINA) Gross Margin (2010 - 2026)

Winmark's Gross Margin history runs 17 years deep, the most recent figure standing at 97.03% for Q1 2026.

• In Q1 2026, Gross Margin rose 109.0% year-over-year to 97.03%; the TTM figure through Mar 2026 stood at 96.66% (up 55.0% YoY), while the FY2025 annual figure was 96.39%, up 55.0% from the prior year.
• Gross Margin was 97.03% for Q1 2026 at Winmark, up from 96.27% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 97.07% in Q3 2025 to a low of 93.87% in Q3 2023.
• Historically, Gross Margin has averaged 95.65% across 5 years, with a median of 95.81% in 2023.
• The sharpest annual moves came in 2022 and 2024: Gross Margin tumbled 168 bps in 2022, then jumped 185 bps in 2024.
• A 5-year view of Gross Margin shows it stood at 94.51% in 2022, then advanced by 0 bps to 94.56% in 2023, then rose by 1 bps to 95.82% in 2024, then grew by 0 bps to 96.27% in 2025, then increased by 1 bps to 97.03% in 2026.
• The last three Gross Margin figures came in at 97.03% (Q1 2026), 96.27% (Q4 2025), and 97.07% (Q3 2025), per Business Quant data.