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WINNEBAGO INDUSTRIES INC

CIK: 1076872 Annual ReportsLatest: 2026-10-21
Revenue: $2,703,900,000Net Income: $34,500,000Source 10-K
Disclaimer: AI-assisted summary of SEC Form 10-K filings. Not official company content and not investment, legal, accounting, or tax advice. See full disclaimer here.

10-K / October 21, 2026

Revenue:$2,703,900,000
Income:$34,500,000

10-K / October 23, 2024

Revenue:$2,973,500,000
Income:$13,000,000

10-K / October 21, 2026

Winnebago Industries, Inc.

Overview

  • Corporate structure: Winnebago Industries, Inc. and its wholly owned subsidiaries.
  • Business focus: North American manufacturer of outdoor lifestyle products under the Winnebago, Grand Design, Chris-Craft, Newmar, and Barletta brands. Designer and manufacturer of advanced battery solutions (Lithionics) delivering house power for RVs, boats, specialty vehicles, and industrial applications.
  • Primary products: Towable and motorized RVs, marine boats, specialty commercial vehicles, and battery systems.
  • Production footprint:
    • Towable RVs: Indiana
    • Motorhome RVs: Iowa and Indiana
    • Marine boats: Indiana and Florida
    • Lithionics batteries: Clearwater, Florida
  • Distribution: Primarily through independent dealers in the U.S. and Canada; some international distribution for marine products; battery solutions sold primarily in the U.S.
  • Fiscal year end dates:
    • Fiscal 2026 ends August 29, 2026
    • Fiscal 2025 ends August 30, 2025
    • Fiscal 2024 ends August 31, 2024

Segments and product offerings

Towable RV

  • Description: Non-motorized travel trailers and fifth wheels towed by vehicles for temporary living quarters and outdoor recreation.
  • RVIA classifications: Conventional travel trailers, fifth wheels, travel trailers with expandable ends, folding camping trailers, truck campers, park models.
  • Brands and models:
    • Winnebago: Access, Micro Minnie, Thrive Foundation, Imagine, Momentum, Reflection, Serenova, Transcend; fifth wheels including Influence, Momentum, Reflection, Solitude.
    • Grand Design: Travel trailer and fifth wheel lines (including Access, Imagine, Momentum, Reflection, Solitude where applicable).
  • Price range (MSRP): Approximately $23,000 to $204,000, plus optional equipment and delivery.
  • Length: 16 to 49 feet.
  • Revenue mix: Includes parts and service sold through dealers; strategy includes proprietary manufactured parts distributed via the dealer network.

Motorhome RV

  • Description: Self-propelled mobile dwellings built on heavy or medium chassis; available in diesel and gas configurations.
  • RVIA classifications: Class A, Class B (van), Class C.
  • Brands: Winnebago, Newmar, Grand Design.
  • Price range (MSRP): Approximately $134,000 to $1,893,000, plus optional equipment and delivery.
  • Length: 18 to 45 feet.
  • Revenue mix: Includes parts and service sold through dealers; emphasis on proprietary parts distributed via the dealer network.

Marine

  • Description: Premium recreational boats sold under the Chris-Craft and Barletta brands.
  • Brands and models: Chris-Craft and Barletta (various models).
  • Price range (MSRP): Approximately $33,000 to $893,000, plus optional equipment and delivery.
  • Length: 19 to 35 feet.

Winnebago Specialty Vehicles

  • Description: Custom-designed commercial vehicles, including law enforcement command centers, mobile medical clinics, mobile office spaces, and bare shells for third-party upfitters.
  • Production and sales: Manufactured in Forest City, Iowa; sold through the dealer network.

Lithionics Battery, LLC

  • Description: Lithium-ion battery solutions provider with NeverDie Technology for house power applications.
  • Markets: Recreational equipment, specialty vehicles, and industrial applications.
  • Production location: Clearwater, Florida.

Production and capacity

  • Towable RVs: Produced at two Indiana assembly campuses with plans to reduce to one campus in Fiscal 2027.
  • Motorhome RVs: Produced at four campuses in Iowa and Indiana with plans to reduce to three campuses in Fiscal 2027.
  • Marine: Produced at two campuses in Indiana and Florida.
  • Supply chain: Vertically integrated for most parts. Principal exceptions include chassis, engines, generators, and appliances, which are purchased from multiple suppliers. Motorhome RV chassis are sourced from a small group of suppliers.
  • Production approach: Mostly produced to order with ongoing product updates and new floor plans, features, sizes, and decor.

Distribution and financing

  • Dealer network: Over 750 physical dealer locations in the U.S. and Canada as of August 29, 2026.
  • International reach: Marine products sold internationally through independent dealers; foreign sales have been less than 10% of net revenues in the past three fiscal years.
  • Dealer financing: Most dealers use floorplan financing with banks or finance companies and may carry multiple product lines.
  • Repurchase agreements for dealer financing defaults:
    • RV units: company may repurchase up to 18 months after financing.
    • Marine units: company may repurchase up to 24 months after financing.
    • Repurchase price: the amount then due, which is often less than the dealer invoice.
    • Company exposure to repurchases varies with dealer inventory levels, economic conditions, demand, location, and dealers' financing access. See Note 11 to the Consolidated Financial Statements for additional details.
  • Revenue concentration: No single dealer organization accounted for more than 10% of net revenues in the past three fiscal years.