What is Wendy's's total cost of revenue?

Wendy's (WEN) reported total cost of revenue of $201.05M in Q1 2026.

How has Wendy's's total cost of revenue changed year-over-year?

Wendy's's total cost of revenue increased by 6.8% year-over-year, from $188.17M to $201.05M.

What is the long-term trend for Wendy's's total cost of revenue?

Over 4 years (2021 to 2025), Wendy's's total cost of revenue has grown at a 6.7% compound annual growth rate (CAGR), from $611.68M to $791.72M.

What does total cost of revenue mean?

The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

Wendy's WEN Total Cost of Revenue

Total Cost of Revenue at other companies

Yum! BrandsYUM

$677M+30.2%

Biglari Holdings Inc.BH

$37.47M-0.8%

WingstopWING

$24.72M+8.2%

Papa John's InternationalPZZA

$340.89M-7.0%

McDonald'sMCD

——

Restaurant Brands InternationalQSR

——

Segments

By segment

See full

Wendy's International$6.75M-2.6%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$59.4M-30.5%

CapEx$11.9M-32.8%

Free cash flow$47.5M-29.9%

Valuation

See full

Market cap$1.5B-35.1%

Enterprise value$5.25B-12.4%

P/E10.1×-2.0×

P/S0.7×-0.3×

Profitability

See full

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:CostOfGoodsAndServicesSold.

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 total cost of revenue?: Wendy's (WEN) reported total cost of revenue of $201.05M in Q1 2026.
How has Wendy's's total cost of revenue changed year-over-year?: Wendy's's total cost of revenue increased by 6.8% year-over-year, from $188.17M to $201.05M.
What is the long-term trend for Wendy's's total cost of revenue?: Over 4 years (2021 to 2025), Wendy's's total cost of revenue has grown at a 6.7% compound annual growth rate (CAGR), from $611.68M to $791.72M.
What does total cost of revenue mean?: The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.