Winmark (WINA) Operating Margin (2010 - 2026)
Winmark (WINA) posted Operating Margin of 62.1% for Q2 2026, up 4.74% on a QoQ basis from 59.29% in Q1 2026, and down 187.0% year-over-year from 71.38% in Q2 2025.
Analysis
Winmark (WINA) Operating Margin (2010 - 2026) Analysis & Trends
Winmark has reported Operating Margin for 17 years, with the latest figure at 62.1% in Q2 2026.
- On a quarterly basis, Operating Margin fell 187.0% year-over-year to 62.1% in Q2 2026; TTM through Jun 2026 was 62.33%, a 284.0% decrease from a year earlier, with the FY2025 full-year figure at 63.44%, down 167.0% from the prior year.
- Operating Margin was 62.1% for Q2 2026 at Winmark, up from 59.29% in the prior quarter.
- The five-year high for Operating Margin was 69.4% in Q3 2024, with the low at 59.29% in Q1 2026.
- Average Operating Margin over 5 years is 64.12%, with a median of 64.34% recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Operating Margin sank 666 bps in 2023, then surged 284 bps in 2024.
- Over 5 years, Operating Margin stood at 63.42% in 2022, then slipped by 2 bps to 62.47% in 2023, then increased by 5 bps to 65.31% in 2024, then declined by 6 bps to 61.71% in 2025, then increased by 1 bps to 62.1% in 2026.
- The last three Operating Margin figures came in at 62.1% (Q2 2026), 59.29% (Q1 2026), and 61.71% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ulta Beauty | 24.15 Bn | 23.93 Bn | 1.19 Bn | 12.51% |
| 2 | Best Buy | 18.99 Bn | 16.74 Bn | 2.34 Bn | 4.31% |
| 3 | Dick'S Sporting Goods | 12.36 Bn | 11.45 Bn | 1.94 Bn | 7.89% |
| 4 | Signet Jewelers | 3.39 Bn | 2.78 Bn | 556.50 Mn | 2.38% |
| 5 | Academy Sports & Outdoors | 2.85 Bn | 2.52 Bn | 479.35 Mn | 5.18% |
| 6 | National Vision Holdings | 1.32 Bn | 1.29 Bn | 290.43 Mn | 4.27% |
| 7 | GameStop | 1.32 Bn | -7.05 Bn | 340.30 Mn | 17.16% |
| 8 | Gold.com | 1.31 Bn | 795.52 Mn | 176.58 Mn | 0.95% |
| 9 | Winmark | 1.14 Bn | 1.12 Bn | 21.15 Mn | 62.10% |
| 10 | Barnes & Noble Education | 441.20 Mn | 433.40 Mn | 57.05 Mn | -5.94% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 62.10% |
| 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 | 65.31% |
| Sep 28, 2024 | 69.40% |
| Jun 29, 2024 | 64.70% |
| Mar 30, 2024 | 60.76% |
| Dec 30, 2023 | 62.47% |
| Sep 30, 2023 | 67.76% |
| Jul 1, 2023 | 65.08% |
| Apr 1, 2023 | 60.36% |
| Dec 31, 2022 | 63.42% |
| Sep 24, 2022 | 68.14% |
| Jun 25, 2022 | 64.79% |
| Mar 26, 2022 | 67.02% |
| Dec 25, 2021 | 63.38% |
| Sep 25, 2021 | 68.42% |