Below are the financial statements of WD-40, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net sales | 590.56b | 537.26b | 518.82b |
| Cost of products sold | -275.33b | -263.04b | -264.06b |
| Gross profit | 315.23b | 274.22b | 254.77b |
| Operating expenses | — | — | — |
| Selling, general and administrative | -183.86b | -154.68b | -138.66b |
| Advertising and sales promotion | -33.91b | -28.81b | -27.34b |
| Amortization of definite-lived intangible assets | -1.11b | -1.01b | -1.43b |
| Total operating expenses | -218.88b | -184.5b | -167.44b |
| Income from operations | 96.35b | 89.72b | 87.33b |
| Other income (expense) | — | — | — |
| Interest income | 0.47b | 0.23b | 0.1b |
| Interest expense | -4.29b | -5.61b | -2.74b |
| Other (expense) income, net | -1.03b | 0.82b | -0.58b |
| Income before income taxes | 91.51b | 85.16b | 84.11b |
| Provision for income taxes | -21.86b | -19.17b | -16.78b |
| Net income | 69.64b | 65.99b | 67.33b |
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