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Wingstop

WING

Wingstop is a leading global fast-casual restaurant chain specializing in cooked-to-order chicken wings, tenders, and sandwiches.

Market cap
$3.67B-64.3%
Revenue$720.7M+7.6%
Net income$116.4M-32.1%
Free cash flow$128.5M+130%
EPS (diluted)$4.22-29.7%
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q2 2026

Income statement

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Revenue$185.6M+6.4%
Gross profit$160.5M+7.1%
Operating income$54.6M+20.8%
Net income$31.3M+16.9%
EPS (diluted)$1.15+19.8%

Balance sheet

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Cash & equivalents$127.5M-44.1%
Total debt$1.3B+0.3%
Total equity-$773.0M-12.7%
Total assets$658.0M-7.1%

Cash flow

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Operating cash flow$6.9M+5.1%
CapEx$18.2M+26.8%

Valuation & ratios

Valuation

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Market cap$3.74B-64.3%
Enterprise value$4.88B-47.3%
P/E32.1×-16.0×
P/S5.2×-7.1×

Profitability

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Gross margin86.3%+0.5pp
Operating margin27.9%+3.2pp
Net margin16.2%-9.5pp

Returns & leverage

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Current ratio-1.4×

Segments

By product

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Royalty revenue, franchise fees and other$86.8M+8.7%
Royalty revenue$78.6M
Advertising fees$64.5M+4.2%
Advertising fees and related income$64.5M
Company-owned restaurant sales$34.2M+5.3%

By segment

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Restaurants Segment$185.6M+6.4%

Competitors

Profile

Wingstop is a leading global fast-casual restaurant chain specializing in cooked-to-order chicken wings, tenders, and sandwiches. The company operates an asset-light, highly-franchised business model where the vast majority of locations are owned by independent operators. Its value proposition centers on a simplified, flavor-focused menu and a robust digital platform that drives significant carry-out and delivery sales.

Competitive position

The world's largest fast-casual chicken wing-focused chain with a dominant digital sales mix and industry-leading unit economics.

GeographiesUnited States, Mexico, United Kingdom, Canada, Global
Customer segmentsMass Market Consumers, Franchise Investors
Business modelFranchisor, Asset-light, B2C
SuppliersPoultry processors, Potato growers, Food distributors, Beverage suppliers, Technology infrastructure providers
CustomersRetail consumers, Third-party delivery users, Catering clients
Listed2015
Employees1.2K
CEOMichael J. Skipworth
IndustryRestaurants
FilingsSEC EDGAR

Questions, answered.

What is Wingstop's market cap?
Wingstop (WING) has a market capitalization of $3.7B and trades on NASDAQ.
What is Wingstop's revenue and profitability?
Wingstop generated $720.7M in trailing twelve-month revenue with net income of $116.4M, representing a net margin of 16.2%. Gross margin stands at 86.3%, with free cash flow of $128.5M. These figures are based on the Q2 2026 filing.
Who are Wingstop's competitors?
Wingstop's key competitors include Popeyes Louisiana Kitchen, Domino's Pizza, KFC, and others. These companies compete in similar markets and product categories.
Who does Wingstop partner with?
Wingstop's notable partners include DoorDash, Uber Eats, No Kid Hungry, and others.
What subsidiaries does Wingstop have?
Wingstop's subsidiaries include Wingstop Restaurants Inc..
Where is Wingstop headquartered?
Wingstop is headquartered in United States of America and employs approximately 1,225 people. It has been publicly traded since 2015.