Forums > Wing Foiling General

Wingfoil Industry Insights? ...Revenue and Financials of Gong, Duotone, KT, etc. -

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Created by FranP 7 months ago, 1 Jun 2025
FranP
131 posts
1 Jun 2025 4:13AM
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Hi everyone,

I'm doing some research on the wingfoil market and I'm particularly interested in understanding the business side of it.

From what I gather, Gong-Galaxy[/b] and Duotone[/b] are probably the two biggest players in the space. Does anyone have insights into their annual revenue[/b] or market share[/b]? Even rough estimates would be helpful. And if anyone has come across published financials[/b] or other public data from either of them, I'd be really grateful if you could share or point me in the right direction.

Understanding their financials would really help build a clearer picture of the overall market size[/b] and how competitive the landscape is becoming.

Thanks in advance for any info!
Cheers,
Fran

leepasty
423 posts
1 Jun 2025 5:00AM
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World wide I doubt gong is even in top 10. In France maybe top 2, Europe top 5 but row way down

patronus
482 posts
1 Jun 2025 4:45PM
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Duotone owned by Boards and More, happened across this recently www.boardsandmore.com/en?locale=en®ion=global.

FranP
131 posts
1 Jun 2025 5:47PM
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patronus said..
Duotone owned by Boards and More, happened across this recently www.boardsandmore.com/en?locale=en®ion=global.




thanks Patronus ! this is solid factI guess out of the ? 118M revenue, 15-20 % is wingfoil.... rest is ION clothing and wetsuits, bike gear, SUP, windsurf, kite..

Any idea about Armstrong, North, Cabrinha , KT, revenue figures ?

Mark _australia
WA, 23464 posts
1 Jun 2025 5:59PM
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You are leaving out the big players

I'm sure you can go find their annual reports. But why...?

FranP
131 posts
2 Jun 2025 12:11AM
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Mark _australia said..
You are leaving out the big players

I'm sure you can go find their annual reports. But why...?



who are the big players ? ...f-one ? starboard ? others ?
and how do you know it ?



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"Wingfoil Industry Insights? ...Revenue and Financials of Gong, Duotone, KT, etc. -" started by FranP