Monitor next quarter for revenue growth reacceleration; the reaffirmed guidance suggests confidence in full-year targets despite the miss.
Price Chart
Executive Summary
WD-40 reported Q2 revenue of $161.7M (+11% YoY) and EPS of $1.50, missing consensus of $1.57. The miss was driven by a $11.9M tax benefit in the prior-year quarter that inflated YoY comparisons. Management reaffirmed full-year guidance, citing strong momentum in maintenance products and constant currency growth of 6%.
Key Financial Metrics
Key Facts
- Q2 revenue was $161.7M, up 11% YoY, but missed consensus of $173.0M
- Diluted EPS was $1.50, down 32% YoY and missing consensus of $1.57, due to a $11.9M tax benefit in the prior-year quarter
- Maintenance product sales grew 13% YoY, up 6% in constant currency
- Gross margin improved to 55.6% vs 54.6% in the prior year quarter
- Management reaffirmed full-year 2026 guidance for revenue ($630M-$655M) and EPS ($5.75-$6.15)
Financial Impact
EPS miss of $0.07 vs consensus, revenue miss of $11.3M vs consensus
Risk Factors
- Revenue growth is being inflated by favorable currency translation
- Prior-year tax benefit creates a difficult YoY comparison, potentially masking underlying business strength
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000105132-26-000026 |
| Document: wdfc-20260409.htm | 0000105132-26-000026 |
| Document: 0000105132-26-000026-index-headers.html | 0000105132-26-000026 |
| Document: 0000105132-26-000026-index.html | 0000105132-26-000026 |
| Document: 0000105132-26-000026.txt | 0000105132-26-000026 |
| 8-K Data (Synthetic) | 0000105132-26-000026 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | 8-K | $210.18 $212.71 | ▼ −1.20% | ▼ −1.73% | $216.06 (−2.80%) |
Apr 9, 2026 28w ago | 8-K | $212.94 $206.00 | ▲ +3.26% | ▲ +4.23% | $216.06 (−1.47%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers