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Wendy's WEN Business Segments

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Revenue by Business
Global Real Estate & Development$59.55M-1.6%$60.55M+4.1%$58.19M-4.5%$60.94M+3.0%$59.14M-2.7%
Wendy's International$36.93M-6.5%$39.48M-1.1%$39.91M+2.7%$38.85M+11.9%$34.72M-8.4%
Revenue from Contract with Customer, Excluding Assessed Tax by Product
Advertising funds revenue$108.34M+4.8%$103.35M-3.4%$107.01M-3.9%$111.37M+11.0%$100.36M-12.7%
Franchise fees$31.71M+19.9%$26.45M+9.3%$24.2M+0.5%$24.07M+2.5%$23.47M-31.3%
Franchise rental income$58.9M-1.1%$59.55M+3.8%$57.34M-5.1%$60.41M+3.3%$58.45M-0.2%
Franchise royalty revenue$116.19M-5.4%$122.83M-3.9%$127.81M-3.3%$132.23M+8.7%$121.68M-9.1%

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Questions, answered.

How does Wendy's break its business down?
Wendy's (WEN) reports revenue by business across 2 parts — Global Real Estate & Development and Wendy's International. Each is extracted from the segment footnotes and tracked over time.
Where does Wendy's's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Wendy's's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.