secwatch.observer — SEC 8-K summary
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Issuer:     WATSCO INC (WSO)
CIK:        0000105016
Form:       8-K
Filed at:   2026-02-17T23:59:59+00:00
Accession:  0001193125-26-053048
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/105016/000119312526053048/0001193125-26-053048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/105016/000119312526053048/wso-20260217.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-053048

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