What are Wingstop's profit margins?

Gross margin is 86.2% and operating margin is 27.0%, with a 15.8% net margin.

Where does Wingstop's income statement data come from?

Every line is extracted from Wingstop's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Wingstop WING Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Total revenue	$183.73M+4.6%	$175.69M0.0%	$175.74M+0.8%	$174.33M+1.9%	$171.09M+5.7%
Total cost of revenue	$24.72M+1.0%	$24.48M+0.6%	$24.34M-0.3%	$24.41M+6.9%	$22.84M-2.1%
Gross profit	$159.01M+5.2%	$151.22M-0.1%	$151.39M+1.0%	$149.92M+1.1%	$148.26M+7.0%
Gross margin	86.5%+0.5pp	86.1%-0.1pp	86.1%+0.1pp	86%-0.7pp	86.7%+1.1pp
Selling, general and administrative	$34.45M+3.4%	$33.32M+8.7%	$30.66M-6.9%	$32.94M+4.8%	$31.44M+0.7%
Compensation and benefits	$4.82M-33.7%	$7.28M+19.8%	$6.07M-2.3%	$6.22M+17.0%	$5.31M-12.2%
Advertising	$67.31M+4.1%	$64.68M-1.3%	$65.54M0.0%	$65.53M-0.4%	$65.8M+8.6%
Depreciation and amortization	$6.84M+7.1%	$6.39M+2.5%	$6.23M+0.2%	$6.22M-0.1%	$6.23M+6.2%
Impairment charges	——	$0—	$0—	$0—	$0—
Other operating expenses	——	-$308.25K0.0%	-$308.25K0.0%	-$308.25K0.0%	-$308.25K—
Total costs & expenses	$133.32M+3.5%	$128.86M+1.6%	$126.78M-1.8%	$129.1M-2.8%	$132.83M+10.7%
Operating income	$50.41M+7.6%	$46.84M-4.3%	$48.96M+8.2%	$45.23M+18.2%	$38.26M-8.6%
Operating margin	27.4%+0.8pp	26.7%-1.2pp	27.9%+1.9pp	25.9%+3.6pp	22.4%-3.5pp
Interest expense	-$9.76M-112%	$78.73M+956%	-$9.2M-8.6%	-$8.47M+4.9%	-$8.91M-124%
Other income (expense), net	-$72K—	——	——	——	$93.84M+7,163%
Gain (loss) on disposal of assets	$0—	$0—	$0—	$0+100%	-$6.54M-730%
Income before income taxes	$40.57M+7.9%	$37.6M-5.1%	$39.63M+7.8%	$36.77M-70.2%	$123.19M+236%
Income tax expense	$10.69M-1.4%	$10.84M-2.8%	$11.15M+11.5%	$10M-67.7%	$30.93M+210%
Net income	$29.88M+11.7%	$26.76M-6.0%	$28.48M+6.4%	$26.76M-71.0%	$92.27M+245%
Net margin	16.3%+1.0pp	15.2%-1.0pp	16.2%+0.9pp	15.4%-38.6pp	53.9%+37.4pp
Diluted earnings per share	$1.08+11.3%	$0.97-4.9%	$1.02+6.3%	$0.96-70.4%	$3.24+252%
Basic earnings per share	$1.09+12.4%	$0.97-4.9%	$1.02+6.3%	$0.96-70.5%	$3.25+253%
Weighted-average shares, diluted	27.6M-1.7%	28.1M+0.3%	28M0.0%	28M-1.8%	28.5M-3.0%
Weighted-average shares, basic	27.5M-1.8%	28M+0.3%	27.9M0.0%	27.9M-1.7%	28.4M-3.0%
Interest Income (Expense), Nonoperating	-$9.76M-6.1%	-$9.2M0.0%	-$9.2M-8.6%	-$8.47M+4.9%	-$8.91M-38.8%
Share-Based Payment Arrangement, Decrease for Tax Withholding Obligation	$8.46M+8,360%	$100K-35.5%	$155K-92.3%	$2M-82.7%	$11.6M+14,580%
Share-based compensation expense related to employee stock plans	$4.82M-33.7%	$7.28M+19.8%	$6.07M-2.3%	$6.22M+17.0%	$5.31M-12.2%
Advertising costs	$67.31M+4.1%	$64.68M-1.3%	$65.54M0.0%	$65.53M-0.4%	$65.8M+8.6%
Pre-tax stock-based compensation cost	$4.8M-34.2%	$7.3M+19.7%	$6.1M-1.6%	$6.2M+17.0%	$5.3M-13.1%
Amortization Of Financing Costs And Discounts	$802K+0.9%	$795K+1.1%	$786K+0.9%	$779K+1.3%	$769K+30.6%
Amortization of capitalized software and acquired intangible assets	——	$1.08M0.0%	$1.08M0.0%	$1.08M0.0%	$1.08M+30.3%
Stock options excluded as their inclusion would be anti-dilutive (in shares)	98K+9,700%	1K0.0%	1K-93.3%	15K+87.5%	8K+700%
Capital investments accrued but not yet paid	$2.02M—	——	$8.92M—	——	$6.69M—
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation	-$51.82M-17.3%	-$44.17M—	——	-$25.74M+65.5%	-$74.63M-133%
Dividends declared (in dollars per share)	$0.300.0%	$0.300.0%	$0.30+11.1%	$0.270.0%	$0.270.0%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$28.16M+2.8%	$27.39M+2.5%	$26.71M-15.2%	$31.49M-67.0%	$95.52M+265%
Federal	——	$5.32M0.0%	$5.32M0.0%	$5.32M0.0%	$5.32M-34.7%
Foreign	——	$280K0.0%	$280K0.0%	$280K0.0%	$280K-13.6%
Current State And Local Tax Expense Benefit	——	$1.16M0.0%	$1.16M0.0%	$1.16M0.0%	$1.16M-27.3%
Federal	——	$7.94M0.0%	$7.94M0.0%	$7.94M0.0%	$7.94M+2,171%
Deferred Foreign Income Tax Expense Benefit	——	$249.25K0.0%	$249.25K0.0%	$249.25K0.0%	$249.25K—
Deferred and other income taxes	$137K-97.6%	$5.79M-66.7%	$17.39M—	$0-100%	$13.32M+7,300%
State	——	$778.75K0.0%	$778.75K0.0%	$778.75K0.0%	$778.75K+1,229%
Defined Contribution Plan Cost Recognized	——	$375K0.0%	$375K0.0%	$375K0.0%	$375K+25.0%
Depreciation	——	$5.2M0.0%	$5.2M0.0%	$5.2M0.0%	$5.2M+28.4%
Dividends, Common Stock, Cash	$8.42M+0.6%	$8.37M-0.7%	$8.42M+11.1%	$7.58M-3.6%	$7.87M-0.8%
Effective tax rates	$0.26+6,016%	$0-98.5%	$0.28+3.3%	$0.27+8.4%	$0.25—
Basis difference in foreign investments	——	6.6%—	——	——	——
Basis difference in foreign investments	——	$3.92M0.0%	$3.92M0.0%	$3.92M0.0%	$3.92M—
Effective Income Tax Rate Reconciliation, Cross-Border, Other, Amount	——	-$308.25K0.0%	-$308.25K0.0%	-$308.25K0.0%	-$308.25K—
Other	——	-0.5%—	——	——	——
Business disposition	——	-8.6%—	——	——	——
Share-based compensation	——	-1.7%—	——	——	——
Officer compensation disallowance	——	$2.14M0.0%	$2.14M0.0%	$2.14M0.0%	$2.14M—
Officer compensation disallowance	——	3.6%—	——	——	——
State income taxes – net of federal income tax benefit	——	2.8%—	——	——	——
Subpart F income	——	3%—	——	——	——
Subpart F income	——	$1.76M0.0%	$1.76M0.0%	$1.76M0.0%	$1.76M—
Effective Income Tax Rate Reconciliation Tax Contingencies Foreign	——	0.9%—	——	——	——
Changes in unrecognized tax benefits	——	1.3%—	——	——	——
Effective Income Tax Rate Reconciliation, Tax Credit, Other, Percent	——	0.4%—	——	——	——
Effective Income Tax Rate Reconciliation, Tax Credit, Percent	——	0.9%—	——	——	——
Provision for credit losses	——	——	——	——	$4.7M—
Gain (Loss) on Disposition of Assets	$0—	$0—	$0—	$0+100%	-$6.54M-730%
Gain (Loss) on Sale of Assets and Asset Impairment Charges	——	——	——	——	——
Gain On Sale Of Investments	$0—	——	——	——	$92.49M—
Goodwill Additions	——	$2.29M0.0%	$2.29M0.0%	$2.29M0.0%	$2.29M+30.6%
Goodwill And Intangible Asset Impairment	——	$0—	$0—	$0—	$0—
Goodwill, Written off Related to Sale of Business Unit	——	——	——	——	——
Impairment Of Long Lived Assets Held For Use	——	$0—	$0—	$0—	$0—
Incentives from vendors recognized	——	$6.13M0.0%	$6.13M0.0%	$6.13M0.0%	$6.13M-3.2%
Income Loss From Continuing Operations Before Income Taxes Domestic	——	$33.52M0.0%	$33.52M0.0%	$33.52M0.0%	$33.52M-12.8%
Income Loss From Continuing Operations Before Income Taxes Foreign	——	$25.78M0.0%	$25.78M0.0%	$25.78M0.0%	$25.78M+1,653%
Federal taxes	——	$5.35M0.0%	$5.35M0.0%	$5.35M0.0%	$5.35M—
Foreign	——	$322K0.0%	$322K0.0%	$322K0.0%	$322K—
Business disposition	——	-$5.11M0.0%	-$5.11M0.0%	-$5.11M0.0%	-$5.11M—
Income Tax Reconciliation Foreign Income Tax Rate Differential	——	——	——	——	——
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount	——	$12.45M0.0%	$12.45M0.0%	$12.45M0.0%	$12.45M+61.1%
Nontaxable or Nondeductible items	——	——	——	——	——
Share-based compensation	——	-$1.01M0.0%	-$1.01M0.0%	-$1.01M0.0%	-$1.01M-67.8%
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount	——	-$338K0.0%	-$338K0.0%	-$338K0.0%	-$338K-7,411%
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount	——	$1.66M0.0%	$1.66M0.0%	$1.66M0.0%	$1.66M+39.5%
Changes in unrecognized tax benefits	——	$778.5K0.0%	$778.5K0.0%	$778.5K0.0%	$778.5K+363%
Income Tax Reconciliation Tax Contingencies Foreign	——	$529.25K0.0%	$529.25K0.0%	$529.25K0.0%	$529.25K—
Income Tax Reconciliation Tax Credits Foreign	——	——	——	——	——
Effective Income Tax Rate Reconciliation, Tax Credit, Other, Amount	——	$248.75K0.0%	$248.75K0.0%	$248.75K0.0%	$248.75K—
Income taxes paid	——	$6.85M0.0%	$6.85M0.0%	$6.85M0.0%	$6.85M-29.5%
Income Taxes Paid, Net	——	$6.85M0.0%	$6.85M0.0%	$6.85M0.0%	$6.85M—
Accounts payable and other current liabilities	$4.62M-66.5%	$13.77M+242%	-$9.69M+25.1%	-$12.94M-206%	$12.22M—
Increase (Decrease) in Accounts Receivable	$2.7M+92.6%	$1.4M+116%	-$8.97M-190%	$9.94M+922%	-$1.21M-144%
Advertising fund assets and liabilities, net	$15.94M+614%	-$3.1M—	——	-$2.3M+84.9%	-$15.22M—
Deferred revenue	$3.15M+181%	$1.12M-76.6%	$4.79M+215%	$1.52M-39.6%	$2.52M+24.4%
Increase (decrease) in all other liabilities	-$175K—	——	——	——	$895K-86.4%
Increase (Decrease) in Prepaid Expense and Other Assets	-$474K—	——	$2.73M-73.7%	$10.35M+52.1%	$6.8M+67.5%
Add - Incremental shares under stock-based compensation plans (in shares)	$112K—	——	$92K+8.2%	$85K-31.5%	$124K—
Interest Paid, Excluding Capitalized Interest, Operating Activity	——	$13.04M0.0%	$13.04M0.0%	$13.04M0.0%	$13.04M+130%
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation	-$95.48M-37.7%	-$69.33M-43.7%	-$48.25M-452%	-$8.74M+93.8%	-$140.42M-160%
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation	-$17.73M+44.9%	-$32.15M—	——	——	$40.5M+428%
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation	$61.38M+7.1%	$57.32M-10.3%	$63.87M+870%	$6.58M-74.0%	$25.29M+227%
Non Cash Investment Income	$2.41M—	——	——	——	$1.47M—
Number of reportable segments	1—	——	——	——	1+300%
Cash paid (received) for amounts included in the measurement of lease liabilities	——	$1.74M0.0%	$1.74M0.0%	$1.74M0.0%	$1.74M+290%
Foreign currency translation	-$1.72M-374%	$628K+136%	-$1.77M-137%	$4.73M+45.2%	$3.26M+678%
Other comprehensive income/(loss)	-$1.72M-374%	$628K+136%	-$1.77M-137%	$4.73M+45.2%	$3.26M+678%
Payments for Repurchase of Common Stock	$78.52M+28.5%	$61.11M+52.9%	$39.97M—	$0-100%	$120.77M-51.8%
Payments of Dividends	$8.5M+1.6%	$8.37M-0.2%	$8.38M+10.4%	$7.59M-5.7%	$8.05M+2.0%
Payment, Tax Withholding, Share-Based Payment Arrangement	$8.46M+8,194%	$102K-34.2%	$155K-92.3%	$2M-82.7%	$11.6M+14,580%
Payments to Acquire Investments	$0—	——	——	——	$76.51M—
Payments to Acquire Property, Plant, and Equipment	$17.73M-22.4%	$22.84M+929%	$2.22M-84.5%	$14.36M+79.0%	$8.02M-50.9%
Revenue collected for advertising fund (as a percent)	——	5.5%—	——	——	——
Proceeds From Sale Of Investment Projects	$0—	——	——	——	$107.7M—
Proceeds from sale of assets	$0—	——	——	——	$17.33M+333%
Stock-based compensation	$4.82M-33.7%	$7.28M+19.8%	$6.07M-2.3%	$6.22M+17.0%	$5.31M-12.2%
Granted (in shares)	——	0—	——	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Forfeitures and Expirations in Period	——	0—	——	——	——
Intrinsic value of stock options exercised	——	$250K0.0%	$250K0.0%	$250K0.0%	$250K-50.0%
Options canceled (in dollars per share)	——	$0.00—	——	——	——
Granted (in shares)	——	$0.00—	——	——	——
Exercised (in shares)	——	$134.74—	——	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period	——	5K—	——	——	——
Issuance of common stock in connection with the Spin-Off and reclassification of net parent investment	$0-100%	$249K-5.3%	$263K-69.2%	$855K—	$0-100%
Shares repurchased (in shares)	374.3K-69.3%	1.2M—	——	——	——
Value of shares repurchased	$78.52M—	——	$41.08M—	——	$120.77M—
Average price paid (in dollars per share)	$208.08-18.9%	$256.43—	——	——	——
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions	——	$19K0.0%	$19K0.0%	$19K0.0%	$19K-35.6%
Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions	——	$0—	$0—	$0—	$0—
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions	——	$765.25K0.0%	$765.25K0.0%	$765.25K0.0%	$765.25K+314%
Additions for tax positions of prior years	——	$0—	$0—	$0—	$0—
EBIT	$50.41M+7.6%	$46.84M-4.3%	$48.96M+8.2%	$45.23M+18.2%	$38.26M-8.6%
EBITDA	$57.25M+7.6%	$53.22M-3.6%	$55.19M+7.3%	$51.45M+15.7%	$44.49M-6.7%
EBITDA	$57.25M+7.6%	$53.22M-3.6%	$55.19M+7.3%	$51.45M+15.7%	$44.49M-6.7%
EBITDA margin	31.2%+0.9pp	30.3%-1.1pp	31.4%+1.9pp	29.5%+3.5pp	26%-3.5pp
EBIT	$50.41M+7.6%	$46.84M-4.3%	$48.96M+8.2%	$45.23M+18.2%	$38.26M-8.6%

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

What are Wingstop's profit margins?: Gross margin is 86.2% and operating margin is 27.0%, with a 15.8% net margin.
Where does Wingstop's income statement data come from?: Every line is extracted from Wingstop's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.