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Wendy's

WEN

The Wendy's Company is a global quick-service restaurant leader specializing in the hamburger sandwich segment.

Market cap
$1.39B-28.2%
Revenue$2.2B-1.8%
Net income$148.6M-22.5%
Free cash flow$222.4M-9.6%
EPS (diluted)$0.78-17.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 7, 2026 (In 1 week)
Revenue estimate$557.4M
EPS estimate$0.16

Financials

Q1 2026

Income statement

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Revenue$540.6M+3.3%
Gross profit$339.6M+1.3%
Operating income$64.9M-21.9%
Net income$22.7M-42.1%
EPS (diluted)$0.12-36.8%

Balance sheet

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Cash & equivalents$362.0M-6.9%
Total debt$4.1B+1.0%
Total equity$115.6M-11.3%
Total assets$4.9B+0.1%

Cash flow

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Operating cash flow$59.4M-30.5%
CapEx$11.9M-32.8%
Free cash flow$47.5M-29.9%

Valuation & ratios

Valuation

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Market cap$1.39B-28.2%
Enterprise value$5.15B-9.3%
P/E9.4×-1.0×
P/S0.6×-0.3×

Profitability

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Gross margin63.3%-1.8pp
Operating margin14.8%-1.9pp
Net margin6.8%-1.8pp
FCF margin10.1%-0.9pp

Returns & leverage

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Return on equity120.9%+30.5pp
Debt / equity35.6×+4.3×
Current ratio1.8×+0.3×

Segments

By product

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Franchise royalty revenue$116.2M-4.5%
Advertising funds revenue$108.3M+8.0%
Franchise rental income$58.9M+0.8%
Franchise fees$31.7M+35.1%

By segment

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Global Real Estate & Development$59.6M+0.7%
Wendy's International$36.9M+6.4%

Competitors

Profile

The Wendy's Company is a global quick-service restaurant leader specializing in the hamburger sandwich segment. The company operates through a dual model of company-owned locations and a large franchised network, focusing on high-quality food offerings and brand revitalization through its Project Fresh strategic initiative.

Competitive position

Wendy's is the second largest quick-service hamburger company in the United States by market share and the third largest globally.

GeographiesUnited States, United Kingdom, Global
Customer segmentsMass Market Consumers
Business modelFranchising, B2C Retail
SuppliersBeef and Poultry Suppliers, Agricultural Producers, Food Processing Companies, Logistics and Distribution Providers
CustomersIndividual Consumers, Franchise Partners
Listed1973
Employees15.3K
CEORobert D. Wright
IndustryRestaurants
Websitewendys.com
FilingsSEC EDGAR

Questions, answered.

What is Wendy's's market cap?
Wendy's (WEN) has a market capitalization of $1.4B and trades on NASDAQ.
What is Wendy's's revenue and profitability?
Wendy's generated $2.2B in trailing twelve-month revenue with net income of $148.6M, representing a net margin of 6.8%. Gross margin stands at 63.3%, with free cash flow of $222.4M. These figures are based on the Q2 2026 filing.
Who are Wendy's's competitors?
Wendy's's key competitors include McDonald's Corporation, Restaurant Brands International, Jack in the Box Inc., and others. These companies compete in similar markets and product categories.
What subsidiaries does Wendy's have?
Wendy's's subsidiaries include Wendy's International, Inc..
Where is Wendy's headquartered?
Wendy's is headquartered in United States of America and employs approximately 15,300 people. It has been publicly traded since 1973.