What is Wendy's's deferred revenue?

Wendy's (WEN) reported deferred revenue of $9.76M in Q1 2026.

How has Wendy's's deferred revenue changed year-over-year?

Wendy's's deferred revenue increased by 5.4% year-over-year, from $9.26M to $9.76M.

What is the long-term trend for Wendy's's deferred revenue?

Over 2 years (2020 to 2025), Wendy's's deferred revenue has grown at a 10.1% compound annual growth rate (CAGR), from $8.69M to $10.54M.

What does deferred revenue mean?

Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

Wendy's WEN Deferred Revenue

Deferred Revenue at other companies

Papa John's InternationalPZZA

$10.79M-21.3%

Dutch BrosBROS

$56.52M+42.3%

Planet FitnessPLNT

$86.37M+7.0%

Shake ShackSHAK

$2.03M+15.3%

First Watch Restaurant Group, Inc.FWRG

$4.31M+26.6%

Restaurant Brands InternationalQSR

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Other financials

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

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Market cap$1.5B-35.1%

Enterprise value$5.25B-12.4%

P/E10.1×-2.0×

P/S0.7×-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

See full

Return on equity120.9%+30.5pp

Debt / equity35.6×+4.3×

Current ratio1.8×+0.3×

Where this comes from

Reported directly by Wendy's in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

The official record: Wendy's’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Wendy's's deferred revenue?: Wendy's (WEN) reported deferred revenue of $9.76M in Q1 2026.
How has Wendy's's deferred revenue changed year-over-year?: Wendy's's deferred revenue increased by 5.4% year-over-year, from $9.26M to $9.76M.
What is the long-term trend for Wendy's's deferred revenue?: Over 2 years (2020 to 2025), Wendy's's deferred revenue has grown at a 10.1% compound annual growth rate (CAGR), from $8.69M to $10.54M.
What does deferred revenue mean?: Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.