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Wendy's WEN Gross margin

Gross margin at other companies

Yum! Brands logo
Yum! BrandsYUM
68.9%-2.2pp
Restaurant Brands International logo
Restaurant Brands InternationalQSR
65.3%+0.9pp
BH
Biglari Holdings Inc.BH
60%-0.2pp
Wingstop logo
WingstopWING
86.3%+0.5pp
Papa John's International logo
Papa John's InternationalPZZA
28.7%0.0pp
Dine Brands Global logo
Dine Brands GlobalDIN
64.6%+4.4pp

Other financials

Income statement

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Revenue$570.6M+1.7%
Gross profit$363.3M-0.3%
Operating income$79.3M-24.0%
Net income$32.6M-40.8%
EPS (diluted)$0.17-41.4%

Balance sheet

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Cash & equivalents$394.8M+19.6%
Total debt$4.1B-0.4%
Total equity$120.5M+6.7%
Total assets$4.9B-0.2%

Cash flow

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Operating cash flow$100.6M+66.0%
CapEx$19.6M-8.5%
Free cash flow$81.0M+107%

Valuation

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Market cap$1.41B-27.0%
Enterprise value$5.09B-10.6%
P/E11.2×+1.1×
P/S0.6×-0.2×

Profitability

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Operating margin13.6%-3.4pp
Net margin5.7%-2.9pp
FCF margin12%+0.4pp

Returns & leverage

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Return on equity108%+8.7pp
Debt / equity33.8×-2.4×
Current ratio1.9×+0.5×

Where this comes from

Calculated from Wendy's’s reported figures.

Based on trailing twelve months.

The source filing: Wendy's’s 10-Q, filed August 7, 2026. Open the filing →

Filed
Aug 7, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q3 2026
Accession
0000030697-26-000116

FAQ

What is Wendy's's gross margin?
Wendy's (WEN) reported gross margin of 63% in Q2 2026.
How has Wendy's's gross margin changed year-over-year?
Wendy's's gross margin decreased by 3.3% year-over-year, from 65.1% to 63%.
What is the long-term trend for Wendy's's gross margin?
Over 5 years (2020 to 2025), Wendy's's gross margin has grown at a -0.3% compound annual growth rate (CAGR), from 64.5% to 63.6%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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