Winmark (WINA) Operating Margin (2010 - 2026)

Winmark (WINA) posted quarterly Operating Margin of 59.29% for Q1 2026, down 274.0% year-over-year from 34.07% in Q1 2025, and down 3.93% on a QoQ basis from 61.71% in Q4 2025.

Winmark (WINA) Operating Margin (2010 - 2026) Analysis & Trends

Winmark (WINA) has reported Operating Margin for 17 consecutive years, with 59.29% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Margin fell 274.0% year-over-year to 59.29%; the TTM figure through Mar 2026 stood at 62.79% (up 4818.0% YoY), while the FY2025 annual figure was 63.44%, up 5021.0% from the prior year.
  • Operating Margin came in at 59.29% for Q1 2026 at Winmark, down from 61.71% in the prior quarter.
  • The five-year high for Operating Margin was 69.4% in Q3 2024, with the low at 150.44% in Q4 2024.
  • Average Operating Margin over 5 years is 27.12%, with a median of 63.97% recorded in 2025.
  • Across the five-year window, Operating Margin tumbled 970 bps in 2023 and soared 21215 bps in 2025, its largest moves.
  • Year by year, Operating Margin stood at 139.88% in 2022, then decreased by 7 bps to 149.58% in 2023, then retreated by 1 bps to 150.44% in 2024, then jumped by 141 bps to 61.71% in 2025, then decreased by 4 bps to 59.29% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods registered 59.29%, 61.71%, and 65.94% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 NaaS Technology 29.20 Bn 29.20 Bn - -
2 Caseys General Stores 28.94 Bn 28.48 Bn 1.08 Bn 7.66%
3 Williams Sonoma 27.71 Bn 26.69 Bn 1.10 Bn 20.27%
4 Dick'S Sporting Goods 19.10 Bn 17.75 Bn 1.77 Bn 2.96%
5 Tractor Supply 16.98 Bn 16.76 Bn 1.30 Bn 6.50%
6 Best Buy 16.25 Bn 14.50 Bn 2.10 Bn 4.14%
7 Murphy USA 10.35 Bn 10.23 Bn 3.98 Bn 4.26%
8 Five Below 10.07 Bn 9.13 Bn 696.98 Mn 17.99%
9 Winmark 8.93 Bn 8.93 Bn 20.23 Mn 59.29%
10 Academy Sports & Outdoors 3.04 Bn 2.71 Bn 479.35 Mn 5.18%

Historic Data

Download Data
DateValue
Mar 28, 2026 59.29%
Dec 27, 2025 61.71%
Sep 27, 2025 65.94%
Jun 28, 2025 63.97%
Mar 29, 2025 62.03%
Dec 28, 2024 -150.44%
Sep 28, 2024 69.40%
Jun 29, 2024 64.70%
Mar 30, 2024 60.76%
Dec 30, 2023 -149.58%
Sep 30, 2023 67.76%
Jul 1, 2023 65.08%
Apr 1, 2023 60.36%
Dec 31, 2022 -139.88%
Sep 24, 2022 68.14%
Jun 25, 2022 64.79%
Mar 26, 2022 67.02%
Dec 25, 2021 -137.19%
Sep 25, 2021 68.42%
Jun 26, 2021 62.94%