WD-40 Co (WDFC) financial statements: income statement, balance sheet and cash flow

WD-40 Co's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Aug 31, 2026 · FY), WD-40 Co reported revenue of $688.0M (+11.0% year on year) and net income of $82.3M (-9.5% year on year).

Income statement

WD-40 Co income statement, fiscal years

Line item	Aug 31, 2026 · FY	Aug 31, 2025 · FY	Aug 31, 2024 · FY	Aug 31, 2023 · FY
Net sales	$688.0M	$620.0M	$590.6M	$537.3M
Cost of products sold	$307.5M	$278.6M	$275.3M	$263.0M
Gross profit	$380.5M	$341.3M	$315.2M	$274.2M
Selling, general and administrative	$225.0M	$199.9M	$183.9M	$154.7M
Advertising and sales promotion	$44.7M	$37.4M	$33.9M	$28.8M
Amortization of definite-lived intangible assets	$1.8M	$183.0K	$1.1M	$1.0M
Total operating expenses	$271.6M	$237.6M	$218.9M	$184.5M
Income from operations	$108.9M	$103.8M	$96.4M	$89.7M
Interest income	$671.0K	$517.0K	$474.0K	$231.0K
Interest expense	($2.8M)	($3.4M)	($4.3M)	($5.6M)
Other income (expense), net	($335.0K)	$757.0K	($1.0M)	$822.0K
Income before income taxes	$106.5M	$101.6M	$91.5M	$85.2M
Provision for income taxes	$24.2M	$10.6M	$21.9M	$19.2M
Net income	$82.3M	$91.0M	$69.6M	$66.0M
Basic (in dollars per share)	$6.10	$6.70	$5.12	$4.84
Diluted (in dollars per share)	$6.08	$6.69	$5.11	$4.83
Basic (in shares)	13.5M	13.5M	13.6M	13.6M
Diluted (in shares)	13.5M	13.6M	13.6M	13.6M

WD-40 Co income statement, quarters

Line item	May 31, 2026 · Q3	Feb 28, 2026 · Q2	Nov 30, 2025 · Q1	May 31, 2025 · Q3
Net sales	$195.1M	$161.7M	$154.4M	$156.9M
Cost of products sold	$84.7M	$71.7M	$67.6M	$68.8M
Gross profit	$110.4M	$89.9M	$86.8M	$88.1M
Selling, general and administrative	$56.7M	$54.8M	$55.3M	$51.5M
Advertising and sales promotion	$11.9M	$8.8M	$8.2M	$9.2M
Amortization of definite-lived intangible assets	$1.5M	$48.0K	$49.0K	$45.0K
Total operating expenses	$70.1M	$63.7M	$63.6M	$60.7M
Income from operations	$40.3M	$26.3M	$23.3M	$27.4M
Interest income	$156.0K	$154.0K	$179.0K	$104.0K
Interest expense	($794.0K)	($666.0K)	($648.0K)	($887.0K)
Other income (expense), net	($127.0K)	$78.0K	($197.0K)	$880.0K
Income before income taxes	$39.6M	$25.9M	$22.6M	$27.5M
Provision for income taxes	$9.4M	$5.5M	$5.1M	$6.5M
Net income	$30.2M	$20.3M	$17.5M	$21.0M
Basic (in dollars per share)	$2.24	$1.50	$1.29	$1.54
Diluted (in dollars per share)	$2.24	$1.50	$1.28	$1.54
Basic (in shares)	13.5M	13.5M	13.5M	13.5M
Diluted (in shares)	13.5M	13.5M	13.5M	13.6M

Balance sheet

WD-40 Co balance sheet, fiscal years

Line item	Aug 31, 2026 · FY	Aug 31, 2025 · FY	Aug 31, 2024 · FY	Aug 31, 2023 · FY
Cash and cash equivalents	$70.6M	$58.1M	$46.7M	$48.1M
Trade and other accounts receivable, net	$122.7M	$120.6M	$117.5M	$98.0M
Inventories	$83.3M	$79.9M	$79.1M	$86.5M
Other current assets	$19.0M	$26.4M	$12.2M	$15.8M
Total current assets	$295.6M	$285.0M	$255.4M	$248.5M
Property and equipment, net	$58.7M	$60.4M	$63.0M	$66.8M
Goodwill	$98.3M	$97.2M	$97.0M	$95.5M
Other intangible assets, net	$3.5M	$2.4M	$6.2M	$4.7M
Right-of-use assets	$17.3M	$13.5M	$11.6M	—
Deferred tax assets, net	$1.5M	$1.0M	$993.0K	$1.2M
Other assets	$19.6M	$16.3M	$14.8M	$13.5M
Total assets	$494.4M	$475.8M	$449.0M	$438.0M
Accounts payable	$41.4M	$38.0M	$36.0M	$30.8M
Accrued liabilities	$37.8M	$34.2M	$31.3M	$30.0M
Accrued payroll and related expenses	$33.7M	$28.4M	$26.1M	$16.7M
Short-term borrowings	$800.0K	$800.0K	$8.7M	$10.8M
Income taxes payable	$1.2M	$857.0K	$1.6M	$494.0K
Total current liabilities	$114.8M	$102.3M	$103.5M	$88.8M
Long-term borrowings	$85.2M	$86.2M	$86.0M	$109.7M
Deferred tax liabilities, net	$8.6M	$9.4M	$9.1M	$10.3M
Long-term operating lease liabilities	$11.1M	$8.4M	$5.9M	$5.8M
Other long-term liabilities	$1.6M	$1.4M	$14.1M	$13.1M
Total liabilities	$221.4M	$207.7M	$218.5M	$227.8M
Common stock — authorized 36,000,000 shares, $0.001 par value; 19,974,002 and 19,954,495 shares issued at August 31, 2026 and 2025, respectively; and 13,407,301 and 13,527,614 shares outstanding at August 31, 2026 and 2025, respectively	20.0K	20.0K	20.0K	20.0K
Additional paid-in capital	$185.5M	$180.1M	$175.6M	$171.5M
Retained earnings	$569.0M	$540.7M	$499.9M	$477.5M
Accumulated other comprehensive loss	($23.5M)	($24.5M)	($29.3M)	($31.2M)
Common stock held in treasury, at cost — 6,566,701 and 6,426,881 shares at August 31, 2026 and 2025, respectively	-458.0M	-428.1M	-415.8M	-407.7M
Total stockholders’ equity	$273.0M	$268.2M	$230.5M	$210.2M
Total liabilities and stockholders’ equity	$494.4M	$475.8M	$449.0M	$438.0M

WD-40 Co balance sheet, quarters

Line item	May 31, 2026	Feb 28, 2026	Nov 30, 2025	May 31, 2025
Cash and cash equivalents	$59.1M	$50.3M	$48.6M	$51.7M
Trade and other accounts receivable, net	$150.1M	$121.2M	$112.5M	$112.4M
Inventories	$80.9M	$85.5M	$84.0M	$77.2M
Other current assets	$14.6M	$27.2M	$25.6M	$25.1M
Total current assets	$304.7M	$284.4M	$270.7M	$266.5M
Property and equipment, net	$58.3M	$59.0M	$58.7M	$60.1M
Goodwill	$98.3M	$97.3M	$97.1M	$97.0M
Other intangible assets, net	$3.8M	$2.4M	$2.4M	$2.4M
Right-of-use assets	$16.8M	$12.7M	$13.1M	$13.5M
Deferred tax assets, net	$1.3M	$1.3M	$1.2M	$1.1M
Other assets	$16.6M	$16.7M	$16.5M	$15.5M
Total assets	$499.8M	$473.7M	$459.7M	$456.0M
Accounts payable	$35.7M	$32.5M	$28.1M	$27.8M
Accrued liabilities	$33.9M	$32.9M	$29.5M	$29.1M
Accrued payroll and related expenses	$27.5M	$19.8M	$23.7M	$26.0M
Short-term borrowings	$15.3M	$15.2M	$5.3M	$10.3M
Income taxes payable	$2.4M	$244.0K	$4.7M	$603.0K
Total current liabilities	$114.8M	$100.6M	$91.3M	$93.7M
Long-term borrowings	$85.3M	$86.1M	$85.7M	$85.6M
Deferred tax liabilities, net	$8.9M	$9.2M	$9.5M	$9.8M
Long-term operating lease liabilities	$10.3M	$7.5M	$7.7M	$8.4M
Other long-term liabilities	$1.8M	$1.5M	$1.4M	$1.5M
Total liabilities	$221.1M	$204.8M	$195.6M	$198.9M
Common stock — authorized 36,000,000 shares, $0.001 par value; 19,973,934 and 19,954,495 shares issued at May 31, 2026 and August 31, 2025, respectively; and 13,438,128 and 13,527,614 shares outstanding at May 31, 2026 and August 31, 2025, respectively	20.0K	20.0K	20.0K	20.0K
Additional paid-in capital	$183.9M	$182.4M	$179.6M	$178.5M
Retained earnings	$568.3M	$551.9M	$545.4M	$532.2M
Accumulated other comprehensive loss	($22.8M)	($21.4M)	($24.9M)	($28.1M)
Common stock held in treasury, at cost — 6,535,806 and 6,426,881 shares at May 31, 2026 and August 31, 2025, respectively	-450.7M	-443.9M	-436.0M	-425.5M
Total stockholders’ equity	$278.7M	$269.0M	$264.1M	$257.1M
Total liabilities and stockholders’ equity	$499.8M	$473.7M	$459.7M	$456.0M

Cash flow statement

WD-40 Co cash flow statement, fiscal years

Line item	Aug 31, 2026 · FY	Aug 31, 2025 · FY	Aug 31, 2024 · FY	Aug 31, 2023 · FY
Net income	$82.3M	$91.0M	$69.6M	$66.0M
Depreciation and amortization	$10.4M	$8.2M	$9.5M	$8.2M
Amortization of cloud computing implementation costs	$1.8M	$1.7M	$1.2M	—
Deferred income taxes	($1.1M)	($455.0K)	($1.2M)	($1.3M)
Tax benefit from release of uncertain tax position	$0	($11.9M)	—	—
Stock-based compensation	$7.6M	$7.3M	$6.5M	$6.4M
Unrealized foreign currency exchange (gains) losses	($300.0K)	$355.0K	$200.0K	($1.7M)
Provision for credit losses	$1.1M	$929.0K	$325.0K	$391.0K
Write-off of inventories	$1.8M	$1.1M	$1.4M	$713.0K
Other	($188.0K)	$244.0K	—	—
Trade and other accounts receivable	($2.3M)	$319.0K	($15.5M)	($5.3M)
Inventories	($1.5M)	($5.2M)	$6.4M	$19.4M
Other assets	($4.9M)	($10.5M)	($1.4M)	($1.4M)
Operating lease assets and liabilities, net	($322.0K)	$33.0K	($35.0K)	$49.0K
Accounts payable and accrued liabilities	$5.0M	$2.9M	$4.3M	($213.0K)
Accrued payroll and related expenses	$5.1M	$1.9M	$8.9M	$5.0M
Other long-term liabilities and income taxes payable	$497.0K	$65.0K	$2.0M	$2.3M
Net cash provided by operating activities	$105.0M	$87.9M	$92.0M	$98.4M
Purchases of property and equipment	($7.4M)	($4.5M)	($4.2M)	($6.9M)
Proceeds from sales of property and equipment	$753.0K	$409.0K	$672.0K	$655.0K
Proceeds from sale of business	$0	$1.7M	—	—
Acquisition of business, net of cash acquired	$0	$0	($6.2M)	—
Net cash used in investing activities	($6.7M)	($2.4M)	($9.7M)	($6.2M)
Treasury stock purchases	($29.6M)	($12.3M)	($8.1M)	($10.4M)
Dividends paid	($54.0M)	($50.3M)	($47.2M)	($44.6M)
Repayments of long-term senior notes	($800.0K)	($800.0K)	($800.0K)	($800.0K)
Net proceeds from revolving credit facility	$0	($7.9M)	($25.4M)	($28.4M)
Shares withheld to cover taxes upon settlement of equity awards	-2.2M	-2.9M	-2.4M	-861.0K
Net cash used in financing activities	($86.7M)	($74.1M)	($83.9M)	($85.0M)
Effect of exchange rate changes on cash and cash equivalents	$857.0K	$10.0K	$193.0K	$3.2M
Net increase (decrease) in cash and cash equivalents	$12.5M	$11.4M	($1.4M)	$10.3M
Cash and cash equivalents at beginning of period	$58.1M	$46.7M	$48.1M	$37.8M
Cash and cash equivalents at end of period	$70.6M	$58.1M	$46.7M	$48.1M
Accrued capital expenditures	$268.0K	$292.0K	$111.0K	$80.0K
Finance lease obligation settled with prepaid deposit	$0	$0	$3.9M	—
Interest	$2.8M	$3.5M	$4.5M	$5.5M
Income taxes, net of tax refunds received	$22.7M	$26.4M	$19.8M	$12.8M

WD-40 Co cash flow statement, quarters

Line item	May 31, 2026 · YTD	Feb 28, 2026 · YTD	Nov 30, 2025 · Q1	May 31, 2025 · YTD
Net income	$68.0M	$37.8M	$17.5M	$69.8M
Depreciation and amortization	$7.9M	$4.5M	$2.1M	$6.1M
Amortization of cloud computing implementation costs	$1.3M	$912.0K	$413.0K	$1.3M
Deferred income taxes	($665.0K)	($347.0K)	$51.0K	($86.0K)
Tax benefit from release of uncertain tax position	$0	$0	—	($11.9M)
Stock-based compensation	$6.1M	$4.6M	$1.7M	$5.7M
Unrealized foreign currency exchange (gains) losses	($431.0K)	($277.0K)	($34.0K)	$348.0K
Provision for credit losses	$819.0K	$664.0K	$497.0K	$1.0M
Write-off of inventories	$1.4M	$868.0K	$234.0K	$693.0K
Other	($112.0K)	($92.0K)	($76.0K)	—
Trade and other accounts receivable	($29.1M)	$644.0K	$7.4M	$4.6M
Inventories	$1.3M	($6.6M)	($4.9M)	($2.8M)
Other assets	$3.1M	($866.0K)	$652.0K	($6.4M)
Operating lease assets and liabilities, net	($514.0K)	($225.0K)	($238.0K)	($17.0K)
Accounts payable and accrued liabilities	($5.1M)	($7.8M)	($14.5M)	($10.0M)
Accrued payroll and related expenses	($1.1M)	($8.8M)	($4.7M)	($205.0K)
Other long-term liabilities and income taxes payable	$1.9M	($604.0K)	$3.9M	($94.0K)
Net cash provided by operating activities	$54.8M	$24.3M	$10.0M	$58.0M
Purchases of property and equipment	($3.9M)	($2.7M)	($935.0K)	($3.2M)
Proceeds from sales of property and equipment	$545.0K	$368.0K	$196.0K	$329.0K
Net cash used in investing activities	($3.4M)	($2.3M)	($739.0K)	($2.8M)
Treasury stock purchases	($22.5M)	($15.8M)	($7.8M)	($9.7M)
Dividends paid	($40.3M)	($26.5M)	($12.8M)	($37.5M)
Repayments of long-term senior notes	($800.0K)	($400.0K)	($400.0K)	($800.0K)
Net proceeds from revolving credit facility	$14.5M	$14.4M	$4.5M	$1.6M
Shares withheld to cover taxes upon settlement of equity awards	-2.2M	-2.2M	-2.2M	-2.9M
Net cash used in financing activities	($51.3M)	($30.7M)	($18.7M)	($49.3M)
Effect of exchange rate changes on cash and cash equivalents	$910.0K	$933.0K	($101.0K)	($828.0K)
Net increase in cash and cash equivalents	$1.0M	($7.8M)	($9.5M)	$5.0M
Cash and cash equivalents at beginning of period	$58.1M	$58.1M	$58.1M	$46.7M
Cash and cash equivalents at end of period	$59.1M	$50.3M	$48.6M	$51.7M
Accrued capital expenditures	$770.0K	$199.0K	$119.0K	$119.0K

WD-40 Co score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.