WD-40 (NASDAQ:WDFC) Releases FY 2026 Earnings Guidance

Key Points

• FY2026 guidance: WD‑40 set EPS guidance of $5.75–$6.15 (midpoint ≈ $5.95) versus the street at $6.06 and revenue guidance of $630–$655M versus consensus $650.4M, and the stock traded down about 1.8% on the update.
• Quarterly results mixed: Q2 EPS of $1.50 and revenue of $161.67M beat estimates with revenue up 10.7% year‑over‑year, but net income and diluted EPS declined roughly 30%, signaling margin pressures.
• Shareholder returns and sentiment: The company announced a $1.02 quarterly dividend ($4.08 annualized, 1.9% yield) while analysts show a "Moderate Buy" consensus with a $300 target, and management is accelerating buybacks supported by stronger cash flow.

WD-40 (NASDAQ:WDFC - Get Free Report) updated its FY 2026 earnings guidance on Friday. The company provided EPS guidance of 5.750-6.150 for the period, compared to the consensus EPS estimate of 6.060. The company issued revenue guidance of $630.0 million-$655.0 million, compared to the consensus revenue estimate of $650.4 million.

WD-40 Trading Down 1.8%

WDFC traded down $4.05 during midday trading on Friday, hitting $218.97. 201,426 shares of the company were exchanged, compared to its average volume of 179,995. The firm has a market capitalization of $2.95 billion, a P/E ratio of 33.33 and a beta of 0.25. WD-40 has a 1-year low of $175.38 and a 1-year high of $253.24. The firm's 50 day moving average price is $228.68 and its 200-day moving average price is $209.44. The company has a quick ratio of 2.05, a current ratio of 2.97 and a debt-to-equity ratio of 0.32.

WD-40 (NASDAQ:WDFC - Get Free Report) last announced its earnings results on Thursday, April 9th. The specialty chemicals company reported $1.50 EPS for the quarter, topping the consensus estimate of $1.39 by $0.11. The firm had revenue of $161.67 million for the quarter, compared to the consensus estimate of $154.90 million. WD-40 had a return on equity of 30.10% and a net margin of 14.42%.The business's quarterly revenue was up 10.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.32 EPS. As a group, equities analysts forecast that WD-40 will post 5.42 EPS for the current fiscal year.

WD-40 Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Friday, April 17th will be issued a dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, April 17th. This represents a $4.08 annualized dividend and a yield of 1.9%. WD-40's payout ratio is presently 62.10%.

Analysts Set New Price Targets

WDFC has been the topic of several recent research reports. Weiss Ratings reaffirmed a "hold (c)" rating on shares of WD-40 in a report on Wednesday, January 21st. William Blair initiated coverage on WD-40 in a report on Monday. They set an "outperform" rating on the stock. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $300.00.

Insider Activity

In other news, Director David Pendarvis purchased 424 shares of the company's stock in a transaction that occurred on Thursday, February 5th. The shares were acquired at an average cost of $247.15 per share, with a total value of $104,791.60. Following the purchase, the director owned 6,898 shares in the company, valued at $1,704,840.70. This represents a 6.55% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.78% of the stock is owned by corporate insiders.

Key Headlines Impacting WD-40

Here are the key news stories impacting WD-40 this week:

• Positive Sentiment: Top-line and consensus beats — Q2 net sales climbed ~11% to $161.7M and EPS beat street estimates. Revenue and gross-profit gains outpaced expectations, supporting near-term investor confidence. WD-40 Company Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Strong cash flow and shareholder returns — operating cash flow rose materially, management is accelerating share buybacks and the company has a long dividend increase streak, which underpins valuation and supports the stock. WD-40 Company NASDAQ: WDFC - MarketBeat
• Neutral Sentiment: Guidance and outlook — company expects full-year pro forma growth near ~7% and EPS around $5.95 at the midpoint, which largely validates sell-side support but leaves limited near-term upside until delivery. WD-40 Company 2026 Q2 - Results - Earnings Call Presentation
• Negative Sentiment: Profitability compression — despite revenue and gross-profit gains, net income and diluted EPS fell roughly 30%+ year-over-year, reflecting rising costs and other pressures that concern margin-focused investors. WD-40 Company (WDFC) Releases Q2 2026 Earnings: Revenue Up, EPS Down Despite Beat
• Negative Sentiment: Mixed market reaction & near-term sensitivity — some outlets noted the results as a mixed print (revenue beat but profit weakness), which can produce volatility as investors weigh growth vs margin risks. WD-40 Co. stock edges lower on Q2 earnings miss despite revenue beat

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC raised its stake in WD-40 by 3.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 1,829 shares of the specialty chemicals company's stock worth $360,000 after buying an additional 59 shares during the period. Advisors Asset Management Inc. raised its stake in WD-40 by 26.0% during the 4th quarter. Advisors Asset Management Inc. now owns 359 shares of the specialty chemicals company's stock worth $71,000 after buying an additional 74 shares during the period. Inspire Investing LLC raised its stake in WD-40 by 3.5% during the 4th quarter. Inspire Investing LLC now owns 2,366 shares of the specialty chemicals company's stock worth $466,000 after buying an additional 81 shares during the period. M&T Bank Corp raised its stake in WD-40 by 7.1% during the 2nd quarter. M&T Bank Corp now owns 1,349 shares of the specialty chemicals company's stock worth $308,000 after buying an additional 89 shares during the period. Finally, NewEdge Advisors LLC raised its stake in WD-40 by 6.6% during the 1st quarter. NewEdge Advisors LLC now owns 1,578 shares of the specialty chemicals company's stock worth $385,000 after buying an additional 98 shares during the period. 91.52% of the stock is owned by institutional investors and hedge funds.

WD-40 Company Profile

WD-40 Company, headquartered in San Diego, California, is best known for its flagship WD-40® Multi-Use Product, a water-displacing spray used for lubrication, rust prevention and cleaning. Since its introduction in 1953 by the Rocket Chemical Company, the WD-40 brand has become a household and industrial staple. Over time, the company has broadened its portfolio to include complementary maintenance and cleaning brands such as 3-IN-ONE® oils, Lava® hand cleaners, Solvol® solvents, Spot Shot® stain removers and X-14® cleaning products.

WD-40 Company distributes its products in more than 176 countries through retail, industrial and automotive channels.

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