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Wingstop WING Incentives from vendors recognized

Incentives from vendors recognized at other companies

Wendy's logo
Wendy'sWEN
$12.32M
ePlus logo
ePlusPLUS
$30.1M+94.2%
Wendy's logo
Wendy'sWEN
$12.32M
Tennant Company logo
Tennant CompanyTNC
$9.5M+39.7%
Hooker Furnishings Corporation logo
Hooker Furnishings CorporationHOFT
1.30.0%
ALX
Alexander'sALX
$113.62M-1.3%

Other financials

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%
Free cash flow$43.7M+153%

Valuation

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Market cap$3.18B-65.3%
Enterprise value$4.33B-57.6%
P/E27.3×-26.2×
P/S4.4×-9.3×

Profitability

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Gross margin86.3%+0.5pp
Operating margin27.9%+3.2pp
Net margin16.2%-9.5pp
FCF margin19.7%+4.6pp

Returns & leverage

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Return on equity-16%
Debt / equity-1.6×
Current ratio-1.4×

Where this comes from

Reported directly by Wingstop in its filing.

Tagged under the XBRL concept wing:IncentivesFromVendorsRecognized.

The source filing: Wingstop’s 10-K, filed February 18, 2026.

Filed
Feb 18, 2026, 4:02 PM EST
Fiscal year
FY2025
Accession
0001636222-26-000008

The Company has entered into food and beverage supply agreements with certain major vendors. Pursuant to the terms of these arrangements, rebates are provided to the Company from the vendors based upon the dollar volume of purchases for company-owned restaurants and franchised restaurants. These incentives are recognized as earned throughout the year and are classified as a reduction in Cost of sales with any consideration received in excess of the total expense of the vendor’s products included within Royalty revenue, franchise fees and other within the Consolidated Statements of Comprehensive Income. The incentives recognized were approximately $24.5 million, $25.3 million, and $17.7 million, during fiscal years 2025, 2024, and 2023,

Item 16. Form 10-K Summary

FAQ

What is Wingstop's incentives from vendors recognized?
Wingstop (WING) reported incentives from vendors recognized of $6.13M in Q4 2025.
How has Wingstop's incentives from vendors recognized changed year-over-year?
Wingstop's incentives from vendors recognized decreased by 3.2% year-over-year, from $6.33M to $6.13M.
What is the long-term trend for Wingstop's incentives from vendors recognized?
Over 4 years (2021 to 2025), Wingstop's incentives from vendors recognized has grown at a 29.5% compound annual growth rate (CAGR), from $8.7M to $24.5M.
What does incentives from vendors recognized mean?
Captures financial incentives, rebates, or allowances received from suppliers or vendors as part of procurement agreements. This metric reflects the company's ability to leverage its scale to reduce operating costs and improve supply chain efficiency.

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