Revenue Growth Across All Segments
Winnebago Industries posted strong top and bottom line results in the first quarter with revenue increasing in all three segments. Towable RV and Motorhome RV segments each posted double-digit growth, while the Marine segment saw low single-digit growth.
Market Share Gains in Motorhome RV
Winnebago Industries grew its market share in Class A gas, Class A diesel, and Class C over recent periods, achieving a 33.9% share in Class A diesel, 21.4% in Class B, 13.7% in Class C, and 12.3% in Class A gas.
Successful New Product Launches
The Grand Design Imagine, Reflection, and Winnebago's New Thrive are resonating well with dealers. The Thrive line is particularly popular as an entry-level travel trailer.
Recognition and Awards
Winnebago, Newmar, and Grand Design brands earned multiple top honors for the 2026 model year, including RV of the Year awards and Innovation of the Year for Grand Design's Lineage Shower System.
Improved Financial Position
Net revenue growth exceeded 12%, and adjusted EBITDA more than doubled year over year to $30.2 million, with a reduced net leverage ratio to 2.7x at the end of the quarter.