WD-40 Co 2026年季度报告

(Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedNovember 30, 2025 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number: 000-06936 WD-40 COMPANY (Exact name of registrant as specified in its charter) Delaware (State or other jurisdictionof incorporation or organization) Registrant’s telephone number, including area code:(619) 275-1400 Securities registered pursuant to Section 12(b) of the Act: Name of exchange on which registered NASDAQ Global Select Market Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports)and (2) has been subject to such filing requirements for the past 90 days. YesNo Indicate by check mark whether the registrant has submitted electronically, every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files). YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See definitions of “large accelerated filer,” “accelerated filer”, “smaller reportingcompany”, and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filerAccelerated filerNon-accelerated filerSmaller reporting company Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). YesNo The number of outstanding shares of the registrant’s common stock, par value $0.001 per share, as of January2, 2026 was 13,486,302. WD-40 COMPANYQUARTERLY REPORT ON FORM 10-QFor the Quarter Ended November30, 2025 TABLE OF CONTENTS PART I — FINANCIAL INFORMATION Item 1.Financial Statements (Unaudited)Condensed Consolidated Balance Sheets3Condensed Consolidated Statements of Operations4Condensed Consolidated Statements of Comprehensive Income5Condensed Consolidated Statements of Stockholders’ Equity6Condensed Consolidated Statements of Cash Flows7Notes to Condensed Consolidated Financial Statements8Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations19Item 3.Quantitative and Qualitative Disclosures About Market Risk32Item 4.Controls and Procedures32 PART II — OTHER INFORMATION Item 1.Legal Proceedings33Item 1A.Risk Factors33Item 2.Unregistered Sales of Equity Securities and Use of Proceeds33Item 5.Other Information33Item 6.Exhibits34 PART 1 — FINANCIAL INFORMATION WD-40 COMPANYCONDENSED CONSOLIDATED BALANCE SHEETS(Unaudited and in thousands, except share and per share amounts) WD-40 COMPANYCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(Unaudited and in thousands, except per share amounts) WD-40 COMPANYCONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(Unaudited and in thousands) See accompanying notes to condensed consolidated financial statements (unaudited). WD-40 COMPANYCONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY(Unaudited and in thousands, except share and per share amounts) WD-40 COMPANYCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(Unaudited and in thousands) WD-40 COMPANY NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) Note 1.The Company WD-40 Company (the “Company”), incorporated in Delaware and based in San Diego, California, is a global marketing organizationdedicated to creating positive lasting memories by developing and selling products that solve problems in workshops, factories andhomes around the world. The Company owns a wide range of brands that include maintenance products and homecare and cleaningproducts: WD-40® Multi-Use Product, WD-40 Specialist®, 3-IN-ONE®, GT85®, X-14®, 2000 Flushes®, Carpet Fresh®, no vac®,Spot Shot®, Lava® and Solvol®. Certain assets of the Company’s homecare and cleaning product businesses are classified as held forsale as of November30, 2025. Refer to Note 3 - Assets Held for Sale for additional information. The Company’s products are sold in various locations around the world. Maintenance products are sold worldwide in marketsthroughout North, Central and South America, Asia, Australia, Europe, India, the Middle East and Africa. Homecare and cleaningproducts are sold primarily in North America and Australia. The Company’s products are