Q4 25 EPS
$0.49
MISS 7.88%
Est. $0.53
Q4 25 Revenue
$777.3M
BEAT +7.01%
Est. $726.4M
vs S&P Since Q4 25
-37.9%
TRAILING MARKET
WGO -26.0% vs S&P +11.9%
Full Year 2025 Results
FY 25 EPS
$0.91
MISS 39.00%
Est. $1.49
FY 25 Revenue
$2.80B
BEAT +1.89%
Est. $2.75B
Market Reaction
Did WGO Beat Earnings? Q4 2025 Results
Winnebago Industries closed out fiscal 2025 with a mixed but broadly encouraging fourth quarter, beating revenue expectations while falling just short on the bottom line as shares surged on the overall results. The recreational vehicle maker posted Q… Read more Winnebago Industries closed out fiscal 2025 with a mixed but broadly encouraging fourth quarter, beating revenue expectations while falling just short on the bottom line as shares surged on the overall results. The recreational vehicle maker posted Q4 revenue of $777.30 million, a 7.8% year-over-year gain that topped the $725.49 million consensus by 7.14%, driven by favorable product mix and targeted price increases across its motorhome and marine segments. Reported EPS of $0.49, however, came in slightly below the $0.51 consensus estimate by 3.92%, even as the company swung to a net income of $13.70 million from a net loss of $29.10 million a year earlier, when a goodwill impairment charge had weighed heavily on results. The Motorhome RV segment led top-line growth at 17.3%, while a dramatic Marine segment turnaround added further momentum. Looking ahead, Winnebago guided fiscal 2026 revenues of $2.75 billion to $2.95 billion, with adjusted EPS of $2.00 to $2.70, as management works through ongoing transformation efforts and acknowledges a full return to mid-cycle demand will take time.
Key Takeaways
- • Favorable product mix and targeted price increases drove 7.8% Q4 revenue growth
- • Cost reduction initiatives reduced SG&A as percentage of revenues by 100 basis points
- • Strong operating cash flow of $181.4 million in Q4 driven by efficiency actions
- • Barletta continued market share expansion in U.S. aluminum pontoon segment
- • Grand Design and Newmar expanded share in key motorhome segments
- • Absence of prior year $30.3 million goodwill impairment charge
WGO YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
WGO Revenue by Segment
With YoY comparisons, source: SEC Filings
“I am proud of our team's efforts in delivering solid overall results in the fourth quarter, especially given the challenging operating environment. We drove stronger revenue, improved profitability, gained share in key segments and delivered solid operating cash flow and an improved leverage position. Our performance clearly reflects the advantages of a diversified product portfolio, as strong momentum across our brands and product lines helped offset the operating margin pressure stemming from the ongoing turnaround of our Winnebago-branded businesses, which is proceeding positively.”
— Michael Happe, Q4 2025 Earnings Press Release
WGO Earnings Trends
WGO vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
WGO EPS Trend
Earnings per share: estimate vs actual
WGO Revenue Trend
Quarterly revenue: estimate vs actual
WGO Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q3 26 MISS | $0.78 | $0.66 | -14.89% | $698.7M | -7.84% |
| Q2 26 BEAT | $0.24 | $0.27 | +13.07% | $657.4M | +4.82% |
| Q1 26 BEAT | $0.14 | $0.38 | +177.37% | $702.7M | +11.26% |
| Q4 25 MISS FY | $0.53 | $0.49 | -7.88% | $777.3M | +7.01% |
| FY Full Year | $1.49 | $0.91 | -39.00% | $2.80B | +1.89% |
| Q3 25 BEAT | $0.79 | $0.81 | +2.22% | $775.1M | +0.04% |
| Q2 25 BEAT | $0.16 | $0.19 | +19.20% | $620.2M | +0.57% |