---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-053048"
form_type: "8-K"
ticker: "WSO"
cik: "0000105016"
company_name: "WATSCO INC"
filed_at: "2026-02-17T23:59:59+00:00"
generated_at: "2026-05-16T02:18:24.086569+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Watsco FY2025 revenue falls 5% to $7.24B; Q4 revenue down 10%; EPS $12.25; dividend raised 10% to $13.20

## Summary
- FY2025 revenue $7.24B (-5% YoY); gross margin record 28.0% (+120 bps); operating income $720M (-8%); EPS $12.25 vs $13.30
- Q4 revenue $1.58B (-10%); gross margin 27.1% (+40 bps); operating income $102M (-25%); EPS $1.68 vs $2.37
- Annual dividend increased 10% to $13.20 per share; 52nd consecutive year of dividends
- Operating cash flow $570M for year, record $400M in Q4; inventory reduced 30% from peak to $1.4B
- Balance sheet: $780M cash, no debt; e-commerce $2.5B (35% of sales); 73,000 digital users

## SEC filing metadata
- accession: 0001193125-26-053048
- form_type: 8-K
- ticker: WSO
- cik: 0000105016
- company_name: WATSCO INC
- filed_at: 2026-02-17T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/105016/000119312526053048/0001193125-26-053048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/105016/000119312526053048/wso-20260217.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-053048
- JSON: https://secwatch.observer/filing/0001193125-26-053048.json
- Plain text: https://secwatch.observer/filing/0001193125-26-053048.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.