EL7.AI
StocksMedium•22 October 2026•
2 min read

WD-40 Forecasts Revenue of Up to $735 Million in 2027

Key Facts

1The company forecasts revenue of between $715 million and $735 million for fiscal 2027.
2The company targets earnings per share of between $6.40 and $6.70 for fiscal 2027.
3Fourth-quarter revenue was $176.8 million, compared with analysts' expectations of $172.33 million.
4Earnings per share were $1.06 in the fourth quarter of fiscal 2026.
5Third-quarter sales were $195.1 million, up 24% year on year.

WD-40 reported revenue of $176.8 million for the fourth quarter of fiscal 2026, beating analysts' expectations of $172.33 million, according to Investing.com. Earnings per share were $1.06 for the period, amid pressure on gross margin that management attributed to higher costs. The company released its results after the close of regular trading, alongside its targets for the next fiscal year. It forecast revenue of between $715 million and $735 million for fiscal 2027, according to Investing.com. It projected earnings per share of between $6.40 and $6.70, while management linked the path of margin improvement to an easing of the pressures it faced in the final quarter.

The quarterly results follow sales of $195.1 million in the third quarter of fiscal 2026, which ended in May, according to the company's official disclosure. The company said at the time that "total net sales were $195.1 million, an increase of 24% compared with the corresponding quarter of the previous fiscal year." Fourth-quarter revenue was therefore below the previous quarter's level, despite exceeding analysts' estimates for the period. Gross margin was 56.6% in the third quarter, ahead of the quarter management considers the margin trough. For the full year, the company recorded net sales of $620.0 million in fiscal 2025, according to its earnings release date announcement. The company added in the announcement issued in October 2026 that its products are available in more than 176 countries and territories worldwide.

For fiscal 2027, the company calculates its targeted net sales growth at constant exchange rates, according to its earnings presentation. This measure uses the previous fiscal year's average exchange rates and is a non-GAAP measure. In the earnings release, management cited higher input costs and incentive compensation among the reasons for pressure on performance. It also pointed to shipping costs and promotional spending as factors affecting profitability. Management believes the fourth quarter marked the trough in gross margin, an assessment underpinning its expectations for a recovery in the coming period. The company expects margins to begin improving sequentially from the first quarter of fiscal 2027.