Winmark (WINA) Operating Margin (2010 - 2026)

Winmark's Operating Margin history runs 17 years deep, the most recent figure standing at 59.29% for 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 was 59.29% for Q1 2026 at Winmark, down from 61.71% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 69.4% in Q3 2024 to a low of 150.44% in Q4 2024.
• Historically, Operating Margin has averaged 27.12% across 5 years, with a median of 63.97% in 2025.
• The sharpest annual moves came in 2023 and 2025: Operating Margin slumped 970 bps in 2023, then soared 21215 bps in 2025.
• A 5-year view of Operating Margin shows it stood at 139.88% in 2022, then declined by 7 bps to 149.58% in 2023, then dropped by 1 bps to 150.44% in 2024, then jumped by 141 bps to 61.71% in 2025, then declined by 4 bps to 59.29% in 2026.
• The last three Operating Margin figures came in at 59.29% (Q1 2026), 61.71% (Q4 2025), and 65.94% (Q3 2025), per Business Quant data.