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Revenue
9 Months Ended
May 31, 2025
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
The following table presents the Company’s revenues by segment and major source (in thousands):
Three Months Ended May 31, 2025Nine Months Ended May 31, 2025
AmericasEIMEAAsia-PacificTotalAmericasEIMEAAsia-PacificTotal
WD-40 Multi-Use Product$61,225 $42,804 $16,658 $120,687 $165,184 $134,076 $53,666 $352,926 
WD-40 Specialist9,400 9,671 2,957 22,028 25,353 25,912 8,497 59,762 
Other maintenance products (1)
4,372 3,125 190 7,687 12,238 9,573 727 22,538 
Total maintenance products74,997 55,600 19,805 150,402 202,775 169,561 62,890 435,226 
HCCP (2)
3,165 1,105 2,243 6,513 10,352 4,202 6,734 21,288 
Total net sales$78,162 $56,705 $22,048 $156,915 $213,127 $173,763 $69,624 $456,514 
Three Months Ended May 31, 2024Nine Months Ended May 31, 2024
AmericasEIMEAAsia-PacificTotalAmericasEIMEAAsia-PacificTotal
WD-40 Multi-Use Product$58,559 $45,402 $15,092 $119,053 $156,113 $124,018 $53,833 $333,964 
WD-40 Specialist9,034 8,407 2,783 20,224 23,232 22,598 8,053 53,883 
Other maintenance products (1)
4,333 3,317 235 7,885 12,462 9,388 849 22,699 
Total maintenance products71,926 57,126 18,110 147,162 191,807 156,004 62,735 410,546 
HCCP (2)
3,177 2,273 2,433 7,883 10,878 6,462 6,680 24,020 
Total net sales$75,103 $59,399 $20,543 $155,045 $202,685 $162,466 $69,415 $434,566 
(1)Other maintenance products consist of the 3-IN-ONE and GT85 brands.
(2)Homecare and cleaning products (“HCCP”).
Contract Balances
Contract liabilities consist of deferred revenue related to undelivered products. Deferred revenue is recorded when payments have been received from customers for undelivered products. Revenue is subsequently recognized when revenue recognition criteria are met, generally when control of the product transfers to the customer. The Company had contract liabilities of $2.5 million and $4.3 million as of May 31, 2025 and August 31, 2024, respectively. All of the $4.3 million that was included in contract liabilities as of August 31, 2024 was recognized to revenue during the nine months ended May 31, 2025. These contract liabilities are recorded in accrued liabilities on the Company’s condensed consolidated balance sheets. Contract assets are recorded if the Company has satisfied a performance obligation but does not yet have an unconditional right to consideration. The Company did not have any contract assets as of May 31, 2025 and August 31, 2024. The Company has an unconditional right to payment for its trade and other accounts receivable on the Company’s condensed consolidated balance sheets. These receivables are presented net of an allowance for credit losses of $2.0 million as of May 31, 2025 and not significant as of August 31, 2024.