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 | 590.56a | 537.26a | 518.82a |
| Cost of products sold | -275.33a | -263.04a | -264.06a |
| Gross profit | 315.23a | 274.22a | 254.77a |
| Operating expenses | — | — | — |
| Selling, general and administrative | -183.86a | -154.68a | -138.66a |
| Advertising and sales promotion | -33.91a | -28.81a | -27.34a |
| Amortization of definite-lived intangible assets | -1.11a | -1.01a | -1.43a |
| Total operating expenses | -218.88a | -184.5a | -167.44a |
| Income from operations | 96.35a | 89.72a | 87.33a |
| Other income (expense) | — | — | — |
| Interest income | 0.47a | 0.23a | 0.1a |
| Interest expense | -4.29a | -5.61a | -2.74a |
| Other (expense) income, net | -1.03a | 0.82a | -0.58a |
| Income before income taxes | 91.51a | 85.16a | 84.11a |
| Provision for income taxes | -21.86a | -19.17a | -16.78a |
| Net income | 69.64a | 65.99a | 67.33a |
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