Winmark Corp (WINA) — SEC Filings
Winmark Corp (WINA) — 25 SEC filings. Latest: 8-K (May 6, 2026). Includes 10 8-K, 6 10-Q, 3 SC 13G/A.
View Winmark Corp on SEC EDGAR
Overview
Winmark Corp (WINA) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-Q filed on Oct 15, 2025: Winmark Corporation reported a net income of $11,136,500 for the three months ended September 27, 2025, a slight increase from $11,120,700 in the same period last year. For the nine months ended September 27, 2025, net income rose to $31,694,200 from $30,371,200 in the prior year. Total revenue for
Sentiment Summary
Across 25 filings, the sentiment breakdown is: 5 bullish, 20 neutral. The dominant filing sentiment for Winmark Corp is neutral.
Filing Type Overview
Winmark Corp (WINA) has filed 10 8-K, 6 10-Q, 2 DEF 14A, 2 10-K, 3 SC 13G/A, 2 SC 13G with the SEC between Jan 2024 to May 2026.
Filings by Year
Recent SEC Filings (25)
Risk Profile
Risk Assessment: Of WINA's 18 recent filings, 0 were flagged as high-risk, 2 as medium-risk, and 16 as low-risk. The overall risk profile suggests relatively low risk with generally favorable filings.
Financial Highlights
| Metric | Value |
|---|---|
| Revenue | $22,632,900 |
| Net Income | $11,136,500 |
| EPS | N/A |
| Debt-to-Equity | N/A |
| Cash Position | $39,734,800 |
| Operating Margin | 65.9% |
| Total Assets | $53,747,200 |
| Total Debt | $59,956,500 |
Key Executives
- Brett D. Heffes
Industry Context
Winmark Corporation operates within the franchise industry, primarily focusing on businesses that offer essential services and products. The industry is characterized by a strong demand for proven business models and brand recognition. Key trends include the increasing adoption of technology to enhance franchisee support and customer engagement, and a growing preference for service-based franchises. Competition comes from other franchisors in similar sectors and independent businesses.
Top Tags
corporate-governance (5) · institutional-ownership (4) · financials (3) · passive-investment (3) · Share Repurchase (2) · compensation (2) · earnings (2) · 10-K (2) · debt (2) · 10-Q (2)
Key Numbers
| Metric | Value | Context |
|---|---|---|
| Net income for nine months ended Sept 27, 2025 | $31,694,200 | Increased from $30,371,200 in prior year, showing profitability growth. |
| Royalties for three months ended Sept 27, 2025 | $20,911,300 | Increased from $19,512,500, indicating strong franchise performance. |
| Leasing income for three months ended Sept 27, 2025 | $46,600 | Significantly decreased from $316,200, reflecting the planned run-off of leasing operations. |
| Cash and cash equivalents as of Sept 27, 2025 | $39,734,800 | Substantial increase from $12,189,800 at Dec 28, 2024, boosting liquidity. |
| Shares repurchased in first nine months of 2025 | 7,944 | Demonstrates commitment to shareholder returns, with 70,656 shares remaining authorized. |
| Quarterly cash dividend per share | $0.96 | Approved for April and July 2025, indicating consistent shareholder payouts. |
| Total unrecognized compensation expense related to stock options | $5.4 million | Expected to be recognized over approximately 2.8 years, impacting future SG&A. |
| Delayed draw term loan borrowings | $30,000,000 | Outstanding under the Line of Credit, bearing interest from 4.60% to 4.75%. |
| Q2 2025 Total Revenues | $19.2M | Increased 3.8% from $18.5M in Q2 2024 |
| Q2 2025 Net Income | $12.5M | Increased 5.0% from $11.9M in Q2 2024 |
| Six-Month 2025 Total Revenues | $37.8M | Increased 3.6% from $36.5M in six months 2024 |
| Six-Month 2025 Net Income | $24.7M | Increased 4.7% from $23.6M in six months 2024 |
| Q2 Revenue Growth | 3.8% | Year-over-year increase in total revenues |
| Q2 Net Income Growth | 5.0% | Year-over-year increase in net income |
| Retained Earnings | $1,013.5M | As of March 29, 2025, indicating accumulated profits. |
Forward-Looking Statements
- {"claim":"Winmark Corporation's stock may see increased institutional interest.","entity":"Winmark Corporation","targetDate":"Within 6-12 months","confidence":"medium"}
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Frequently Asked Questions
What are the latest SEC filings for Winmark Corp (WINA)?
Winmark Corp has 25 recent SEC filings from Jan 2024 to May 2026, including 10 8-K, 6 10-Q, 3 SC 13G/A. Each filing includes an AI-generated plain-English summary.
What is the overall sentiment of WINA filings?
Across 25 filings, the sentiment breakdown is: 5 bullish, 20 neutral. The dominant sentiment is neutral.
Where can I find Winmark Corp SEC filings explained simply?
ReadTheFiling provides AI-powered plain-English summaries of all Winmark Corp (WINA) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and insider trades.
What are the key financial highlights for Winmark Corp?
Key financial highlights from Winmark Corp's most recent 10-Q include metrics such as revenue, net income, EPS, and debt ratios. Visit the filing detail page for the full breakdown.
What is the investment thesis for WINA?
The investment thesis for WINA includes bull, base, and bear case scenarios derived from AI analysis of recent SEC filings.
Who are the key executives at Winmark Corp?
Key executives identified across Winmark Corp's filings include Brett D. Heffes.
What are the main risk factors for Winmark Corp stock?
Of WINA's 18 assessed filings, 0 were flagged high-risk, 2 medium-risk, and 16 low-risk.
What are recent predictions and forward guidance from Winmark Corp?
Recent forward-looking statements from Winmark Corp include guidance on {"claim":"Winmark Corporation's stock may see increased institutional interest.","entity":"Winmark Corporation","targetD.