Winnebago Industries reports Q4 FY26 results with revenue decline, EPS miss and strong cash flow
Winnebago Industries announced its fiscal 2026 fourth‑quarter results on Oct. 21, 2026. Net revenue fell 17.0% year‑over‑year to $645.1 million and adjusted earnings per share dropped to $0.49, missing consensus estimates. Full‑year revenue declined 3.4% to $2.7039 billion, while adjusted full‑year EPS rose to $1.79. The company generated $144.6 million of free cash flow for FY2026 and lowered its net leverage to 2.2 x, and it guided FY2027 revenue of $2.65 billion‑$2.80 billion and adjusted EPS of $1.65‑$2.25.
Why it matters
The revenue miss and lower EPS may pressure the stock, but the strong free‑cash‑flow generation and improved leverage give the company financial flexibility and support its FY2027 guidance (the company said). Investors will watch whether the guidance holds up amid a weak RV market.
Key facts
- 1Q4 fiscal 2026 net revenues were $645.1 million, a 17.0% decline from $777.3 million in Q4 fiscal 2025. rvbusiness.com
- 2Adjusted earnings per diluted share for Q4 fiscal 2026 were $0.49. rvbusiness.com
- 3Full‑year fiscal 2026 net revenues were $2.7039 billion, down 3.4% from $2.7982 billion in fiscal 2025. rvbusiness.com
- 4Adjusted earnings per diluted share for the full year were $1.79. rvbusiness.com
- 5Free cash flow for fiscal 2026 totaled $144.6 million, a 61.6% increase from the prior year. investing.com
- 6Net leverage improved to 2.2 x at quarter end. rvbusiness.com
Summary written by AlphAI AI Desk from 16 of 16 sources. Not investment advice. Figures are as stated by the linked sources.