WSO-BWatsco, Inc.

$321.70-24% 1Y

The financials

Watsco, Inc. by the numbers

Watsco, Inc. (WSO-B) reported revenue of $1.53B in Q1 2026 (quarter ended Mar 31, 2026), up 0.1% from the same quarter a year earlier. That came with a gross margin of 28% and net income of $79M (5.2% of revenue). For the full year FY2025, revenue was $7.24B (−5.0% year on year) and net income $497M. Its largest region in Q1 2026 was US at $1.40B, 91% of the disclosed total, well ahead of Latin America and Caribbean at 4.6%. The next results filing is expected around Oct 28, 2026, the same week as a year ago.

Watsco, Inc. income statement, Q1 2026 against the same quarter a year earlier
Income statementQ1 2026Q1 2025Change
Revenue$1.53B$1.53B+0.1%
Gross profit$428M$430M−0.5%
Operating income$110M$112M−1.8%
Net income$79M$80M−1.2%
Diluted EPS$1.87$1.93−3.1%
Revenue by region, Q1 2026, as reported to the SEC
GeographicRevenueShare
US$1.40B91%
Latin America and Caribbean$70M4.6%
CA$67M4.4%

Business segments

Revenue split by geographic segment, from SEC XBRL filings.

Latest period: Mar 2026Total $1.53B (-26%)
US grew +1.3% year on yearCA -12% year on year
  • US$1.40Bquarter on quarter -26%year on year +1.3%
  • Latin America and Caribbean$70.1Mquarter on quarter -23%year on year -9.0%
  • CA$67.4Mquarter on quarter -23%year on year -12%
Segment sum = 100% of reported consolidated revenue · Latest source: 10-Q filed May 8, 2026, SEC EDGAR