WINA at a glance
WINMARK CORP (WINA, SEC CIK 908315) filed its latest 10-K annual report on February 25, 2026, a 10-Q quarterly report on July 15, 2026, an 8-K current report on July 15, 2026 and Form 4 insider filings as recently as July 1, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 27, 2025 (FY2025), WINMARK CORP (WINA) reported revenue of $86.1 million (up 5.9% from FY2024) and net income of $41.7 million. Diluted EPS was $11.30.
- As of June 30, 2026, 29 institutional investment managers tracked by SignalX reported holding WINMARK CORP (WINA) shares worth $574.0 million in 13F-HR filings.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $86.1M
- +5.9% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 29 funds
- $574.0M · −1 vs prior quarter
- Latest 8-K
- Jul 15, 2026
- Item 2.02 · Item 8.01 · Item 7.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 27, 2025
Business Overview
- Core business model: franchisor of resale retail brands specializing in gently used apparel, toys, sports goods, musical instruments
- Emphasis on sustainability and small business formation through franchising of five resale brands
- Multi-channel retail evolution focus, enhancing franchise technology, tools, and training for expansion
- Franchise count at 1,378 units across US and Canada, with 2,800+ territories available as of Dec 2025
- Canadian franchise revenues grew to $7.8M in 2025 from $7.3M in 2024 and $6.8M in 2023
Risk Factors
- No specific regulatory or legal risk identified in the filing
- No geopolitical or macroeconomic threat with concrete exposure detailed
- Royalty receivable concentration $1,279,600 as of Dec 27, 2025 risks cash flow timing
- Deferred franchise fee revenue $7,929,600 could impact revenue recognition and financial results
- No competitive, market disruption, or financial leverage risk explicitly disclosed
Management Discussion & Analysis
- Royalties revenue $76.4M, up $4.2M or 5.8% YoY in 2025
- Selling, general & administrative expense $28.3M, up $3.4M or 13.7% YoY
- Plato’s Closet largest segment with 526 stores, net growth +11 stores, 98% renewal rate
- Music Go Round smallest segment with 35 stores, 100% renewal, net growth +1 store
- 116 new stores opened, 98% franchise renewal rate, 10-year agreements maintained
AI summary of the WINA 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 27, 2026
Management Discussion & Analysis
- Quarterly revenue $22.0M, up from $20.4M YoY
- Net income margin 47.3% vs 51.9%; operating margin 62.1% vs 64.0%
- Franchising strongest segment: operating income $13.6M vs $13.0M; other segment $0 vs $42,400
- Cash, equivalents and restricted cash $26.0M vs $28.9M; six-month operating cash flow $22.6M vs $24.1M
- Six-month capital deployment: $7.1M dividends and $2.3M software development spending; liquidity expected adequate through 2027
Risk Factors
- Newly added risk: monthly Software Fee and North American Ad Fund introduced following March 16, 2026 Form 8-K
- Franchisee relationship risk: higher operating costs may reduce satisfaction, compliance, retention, and new franchise development
- Operational risk: initiatives may deliver no immediate or uniform benefits across franchisees
- Carried-forward risks: no other material changes from the December 27, 2025 Form 10-K disclosed
AI summary of the WINA 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Q2 fiscal 2026 results for quarter ended June 27, 2026
- Press release provides operating and financial results in Exhibit 99.1
Item 8.01: Other Events
- Quarterly cash dividend of $1.02 per share approved by the Board
- September 1, 2026 payment date for shareholders of record August 12, 2026
Item EX-99.1: Item EX-99.1
- Q2 net income $10.4M, or $2.81 diluted EPS, down from $10.6M and $2.89 despite higher revenue
- Six-month revenue $42.8M, while net income fell to $19.6M from $20.6M after prior-year $2.2M litigation settlement income
Item 7.01: Regulation FD Disclosure
- Q2 fiscal 2026 operating results and financial condition announced for quarter ended June 27, 2026
- Quarterly cash dividend $1.02 per share, payable September 1, 2026
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Lawrence A. Barbetta will leave the Board at the April 21, 2027 annual meeting under independent-director term limits
- Board expansion from seven to eight directors effective May 5, 2026
Item 5.07: Submission of Matters to a Vote of Security Holders
- Shareholders approved a seven-member board, with 3,137,000 votes for and 8,484 against
- All seven director nominees elected, with 2,963,646–2,984,228 votes for each
AI summaries of WINA 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for WINA
Don't miss the next WINA filing
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- Fund moves. Which tracked funds opened, added or cut WINA, by share count.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Tomlinson Percy C Jr | M | Jul 1, 2026 | 200 | $197.80 |
| Tomlinson Percy C Jr | M | Jul 1, 2026 | 3,500 | $242.58 |
| Tomlinson Percy C Jr | M | Jul 1, 2026 | 200 | $197.80 |
| Tomlinson Percy C Jr | M | Jul 1, 2026 | 3,500 | $242.58 |
| Tomlinson Percy C Jr | A | Jun 1, 2026 | 356 | $378.57 |
| Becker Amy C | A | Jun 1, 2026 | 356 | $378.57 |
| SMITH PHILIP IRVING | A | Jun 1, 2026 | 356 | $378.57 |
| Credendino Keith | A | Jun 1, 2026 | 356 | $378.57 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $81.3M | $86.1M |
| Operating Income | - | $52.9M | $54.6M |
| Net Income | $40.2M | $40.0M | $41.7M |
| Op. Margin | - | 65.1% | 63.4% |
| Net Margin | - | 49.2% | 48.4% |
| Balance Sheet | |||
| Total Assets | $29.0M | $26.8M | $24.9M |
| Equity | - | -$51.0M | -$53.7M |
| ROE | - | -78.3% | -77.6% |
| Per Share | |||
| EPS | $11.04 | $10.89 | $11.30 |
| Cash Flow | |||
| Operating CF | - | $42.2M | $44.9M |
| CapEx | $384K | $195K | $192K |
Source: XBRL data in WINMARK CORP (WINA)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate WINA share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 29 | $574.0M |
| Q1 2026 | 30 | $589.5M |
| Q4 2025 | 24 | $427.4M |
| Q3 2025 | 26 | $524.0M |
| Q2 2025 | 25 | $406.0M |
| Q1 2025 | 21 | $246.1M |
| Q4 2024 | 16 | $276.1M |
| Q3 2024 | 13 | $199.7M |
- BlackRock+23.4K (+5%)
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- State Street Corp+6.7K (+5%)
- Wells Fargo & Co+3.0K (+47%)
- Northern Trust+2.6K (+7%)
- Goldman Sachs Group−33.3K (-48%)
- Raymond James Financial−7.6K (-28%)
- AQR Capital Management−2.3K (-23%)
- Renaissance Technologies LLC−1.5K (-1%)
- Dimensional Fund Advisors−878 (-1%)
- D.E. Shaw & Co+554
Source: 13F-HR filings on SEC EDGAR (aggregated from 184 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
WINA filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| SC 13G | Jul 27, 2026 | - | - | |
| 8-K | Jul 15, 2026 | - | Analysis | - |
| 10-Q | Jul 15, 2026 | Jun 27, 2026 | Analysis | |
| 4 | Jul 1, 2026 | - | - | - |
| 4 | Jun 3, 2026 | - | - | |
| 4 | Jun 1, 2026 | - | - | |
| 4 | Jun 1, 2026 | - | - | |
| 4 | Jun 1, 2026 | - | - | |
| 4 | Jun 1, 2026 | - | - | |
| 4 | Jun 1, 2026 | - | - | |
| 4 | Jun 1, 2026 | - | - | |
| 4 | Jun 1, 2026 | - | - | |
| 4 | Jun 1, 2026 | - | - | |
| 4 | Jun 1, 2026 | - | - | |
| 4 | Jun 1, 2026 | - | - | |
| 8-K | May 6, 2026 | - | Analysis | |
| 4 | May 6, 2026 | - | - | |
| 4 | Apr 30, 2026 | - | - | - |
| 4 | Apr 28, 2026 | - | - | - |
| 8-K | Apr 22, 2026 | - | Analysis | - |
| 10-Q | Apr 15, 2026 | Mar 28, 2026 | Analysis | |
| 8-K | Apr 15, 2026 | - | Analysis | - |
| 8-K | Mar 16, 2026 | - | Analysis | - |
| 4 | Mar 5, 2026 | - | - | - |
| 4 | Mar 3, 2026 | - | - | - |
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WINA SEC filings: frequently asked questions
Which institutions hold WINA stock?
As of June 30, 2026, the largest WINMARK CORP (WINA) holders among the 13F filers tracked by SignalX were BlackRock ($207.2 million), Renaissance Technologies LLC ($86.5 million), Vanguard Capital Management LLC ($59.2 million), State Street Corp ($55.2 million), Dimensional Fund Advisors ($31.1 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was WINA's revenue in fiscal year 2025?
For the fiscal year ended December 27, 2025 (FY2025), WINMARK CORP (WINA) reported revenue of $86.1 million (up 5.9% from FY2024) and net income of $41.7 million. Diluted EPS was $11.30. The figures come from the XBRL data in the 10-K.
What are the main risks in WINA's latest 10-K?
In the 10-K filed February 25, 2026, WINMARK CORP (WINA) flagged: No specific regulatory or legal risk identified in the filing. No geopolitical or macroeconomic threat with concrete exposure detailed. (AI summary of the Risk Factors section.)
What did WINA report in its latest 8-K?
WINMARK CORP (WINA) filed an 8-K on July 15, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item 8.01 (Other Events) and Item 7.01 (Regulation FD Disclosure). Q2 fiscal 2026 results for quarter ended June 27, 2026.
What are the latest WINA SEC filings?
WINMARK CORP (WINA) filed its latest 10-K annual report on February 25, 2026, a 10-Q quarterly report on July 15, 2026, an 8-K current report on July 15, 2026 and a Form 4 insider filing on July 1, 2026.
What is WINA's SEC CIK number?
WINMARK CORP (WINA)'s SEC Central Index Key (CIK) is 908315. EDGAR lists every WINA filing under that number.
Ask anything about WINA
The research agent reads WINA's filings, financials, insider trades and 13F holders, then answers with sources.