Winnebago Industries reported its financial results for the second quarter of Fiscal 2026, posting net revenues of $657.4 million, a 6.0 percent increase from the $620.2 million reported in the same period last year.
The RV manufacturer saw a return to profitability for the quarter ended February 28, 2026, recording a net income of $4.8 million, or $0.17 per diluted share, compared to a net loss of $0.4 million in the second quarter of Fiscal 2025. Gross profit for the quarter rose to $85.6 million, according to a press release.
The revenue increase was largely driven by the Motorhome RV segment, which saw revenues jump 29.3 percent to $304.7 million due to higher unit volumes from new products.
This performance helped offset revenue declines in the Towable RV and Marine segments, which experienced lower unit volumes and a shift toward lower price-point models.
“Our team delivered a solid quarter and executed with diligence in a challenging market,” said President and Chief Executive Officer Michael Happe.
“Dealers remain focused on profitable cash flow and disciplined inventory, and we are managing the business with that sentiment in mind. While seasonal factors and unfavorable winter weather tempered retail activity during the quarter, several segments still showed signs of resilience.”
In addition to operational performance, the company took measures to improve its financial foundation during the quarter.
The Board of Directors approved a quarterly cash dividend of $0.35 per share, payable on April 29, 2026.
“Consistent with our capital allocation framework, we took proactive steps during the quarter to improve our capital structure, redeeming $100 million of our outstanding Senior Secured Notes, demonstrating our commitment to further strengthening our balance sheet,” Happe noted.
Looking ahead, Winnebago maintained its full-year Fiscal 2026 guidance of $2.8 billion to $3.0 billion in consolidated net revenues.
The company also raised its reported earnings per diluted share expectations to a range of $1.50 to $2.20, up from prior expectations of $1.40 to $2.10.
“As we move beyond the winter selling season into the seasonally stronger spring and summer months, new products and cost management actions implemented this year are expected to support our performance anticipated in the second half,” Happe said.
“We believe this approach positions the business for healthier, more resilient growth in the future. Our outlook reflects that measured view. However, it remains subject to recent macro events and the duration and severity of their potential effects, including impacts on commodity prices and other factors that could influence consumer sentiment and demand,” Happe added.