Loading...
•
Nov 29, 2025
Winnebago Q1 2026 Earnings Report
Winnebago reported a return to profitability in Q1 2026, with strong revenue growth and margin expansion across its RV segments.
Key Takeaways
Winnebago delivered solid Q1 2026 results with $702.7M in revenue, a return to positive net income, and improved margins across towables and motorhomes. The company demonstrated strong cost control, volume leverage, and selective pricing strategies.
Revenue rose to $702.7M, up from $625.6M last year
Net income turned positive at $5.5M, from a loss of $5.2M in Q1 2025
Adjusted EPS improved to $0.38 from ($0.03) year-over-year
Operating income reached $13.8M, a significant turnaround from last year’s $0.9M loss
Revenue by Segment
Forward Guidance
Winnebago guided for FY26 revenue between $2.8B and $3.0B, with adjusted EPS expected to grow significantly.
Positive Outlook
- FY26 revenue guidance midpoint suggests 4% growth
- Adjusted EPS midpoint of $2.45 implies 47% growth
- Strengthened dealer partnerships and new product launches
- Continued operational efficiencies and cost control
- Focus on accessible price-point models to drive volume
Challenges Ahead
- Marine segment facing softer demand
- Volume deleverage impacting marine profitability
- Warranties remain a cost pressure in RV segments
- Macro uncertainty in the outdoor recreation market
- Expectations of flat to lower wholesale RV shipments in CY2026
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...