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Winnebago Industries Reports First Quarter Fiscal 2026 Results

Winnebago Industries, Inc. (WGO) | December 19, 2025

By Kevin Allen

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Winnebago Industries reported financial results for the Fiscal 2026 first quarter showing a 12.3% increase in net revenues compared to the same period in Fiscal 2025.

Gross profit margin increased to 12.7%, and adjusted EBITDA was up 109.7% year-over-year.

The company's improved top-line performance and cost discipline resulted in margin gains and a stronger balance sheet.

Net Revenues Increase

Net revenues reached $702.7 million in the first quarter of Fiscal 2026, compared to $625.6 million in the same period in Fiscal 2025.

Adjusted Earnings Per Share

Adjusted earnings per diluted share improved to $0.38, a significant turnaround from an adjusted loss per diluted share of $0.03 in the first quarter of Fiscal 2025.

FY 2026 Earnings Guidance Raised

Winnebago Industries raised its FY 2026 earnings guidance range, reflecting confidence in future performance.

  • The company's Motorhome and Towable RV segments drove the revenue growth, with new products, pricing actions, and production discipline playing key roles.
  • Winnebago Industries' focus on strengthening the balance sheet and maintaining financial discipline positions it well for future growth opportunities.

Winnebago Industries' strong performance in the first quarter of Fiscal 2026 reflects strategic initiatives and market demand driving revenue growth and margin improvements. The company's commitment to innovation and financial discipline sets a positive outlook for the future.