diff --git a/pandatool/src/win-stats/Sources.pp b/pandatool/src/win-stats/Sources.pp
index 8fcfd83e1a..1994a482dd 100644
--- a/pandatool/src/win-stats/Sources.pp
+++ b/pandatool/src/win-stats/Sources.pp
@@ -1,4 +1,4 @@
-#define BUILD_DIRECTORY $[and $[WINDOWS_PLATFORM],$[HAVE_NET]]
+#define BUILD_DIRECTORY $[and $[WINDOWS_PLATFORM],$[HAVE_NET],$[WANT_WINSTATS]]
 #define USE_PACKAGES net
 
 #begin bin_target