v3.26.3
Revenue
12 Months Ended
Aug. 31, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
The following table presents the Company’s revenues by segment and major source (in thousands):
Fiscal Year Ended August 31, 2026Fiscal Year Ended August 31, 2025
AmericasEIMEAAsia-PacificTotalAmericasEIMEAAsia-PacificTotal
WD-40 Multi-Use Product$254,482 $200,662 $77,507 $532,651 $224,811 $181,604 $71,546 $477,961 
WD-40 Specialist$40,219 $44,543 $14,321 $99,083 $34,990 $35,651 $11,321 $81,962 
Other maintenance products (1)
$19,037 $14,085 $1,086 $34,208 $17,033 $12,963 $1,047 $31,043 
Total maintenance products$313,738 $259,290 $92,914 $665,942 $276,834 $230,218 $83,914 $590,966 
HCCP (2)
$12,439 $— $9,612 22,051 $13,765 $6,216 $9,038 29,019 
Total net sales$326,177 $259,290 $102,526 $687,993 $290,599 $236,434 $92,952 $619,985 
(1)Other maintenance products consist of the 3-IN-ONE and GT85 brands.
(2)During the fourth quarter of fiscal year 2025, we completed the sale of the homecare and cleaning product businesses in the EIMEA segment.
The Company recorded approximately $44.6 million and $38.5 million in rebates/other discounts as a reduction to sales during fiscal years 2026 and 2025, respectively. The Company had a $13.6 million and $11.8 million balance in rebate/other discount liabilities as of August 31, 2026 and 2025, respectively, which are included in accrued liabilities on the Company’s consolidated balance sheets. The Company recorded approximately $6.1 million and $6.0 million in cash discounts as a reduction to sales during fiscal years 2026 and 2025, respectively. The Company had $0.5 million balance in the allowance for cash discounts during both fiscal years 2026 and 2025, respectively.
The Company had contract liabilities of $7.8 million and $4.7 million as of August 31, 2026 and 2025, respectively. All of the $4.7 million that was included in contract liabilities as of August 31, 2025 was recognized to revenue during fiscal year 2026. 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 August 31, 2026 and 2025. The Company has an unconditional right to payment for all trade and other accounts receivable on the Company’s consolidated balance sheets.
The Company’s refund liability for sales returns was $0.8 million and $0.4 million as of August 31, 2026 and 2025. The Company records an amount to other current assets for the value of inventory that represents the right to recover products from customers associated with sales returns, which was not significant as of August 31, 2026 and 2025.