The Wendy's financials
$6.54+2.35%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 28 | Q1 '26 Mar 29 | Q4 '25 Dec 28 | Q3 '25 Sep 28 | Q2 '25 Jun 29 | Q1 '25 Mar 30 | Q4 '24 Dec 29 | Q3 '24 Sep 29 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Oct 1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $570.6M | $540.6M | $543.0M | $549.5M | $560.9M | $523.5M | $574.3M | $566.7M | $570.7M | $534.8M | $540.7M | $550.6M |
| Gross profit | $363.3M | $339.6M | $340.2M | $345.3M | $364.4M | $335.3M | $378.7M | $371.1M | $250.0M | $235.3M | $343.2M | $351.0M |
| Gross margin | 63.7% | 62.8% | 62.7% | 62.8% | 65.0% | 64.1% | 65.9% | 65.5% | 43.8% | 44.0% | 63.5% | 63.8% |
| Operating income | $79.3M | $63.3M | $64.0M | $92.0M | $104.3M | $83.2M | $96.0M | $94.7M | $99.2M | $81.3M | $85.9M | $101.5M |
| Net income | $32.6M | $22.7M | $26.5M | $44.3M | $55.1M | $39.2M | $47.5M | $50.2M | $54.6M | $42.0M | $46.9M | $58.0M |
| Net margin | 5.7% | 4.2% | 4.9% | 8.1% | 9.8% | 7.5% | 8.3% | 8.9% | 9.6% | 7.9% | 8.7% | 10.5% |
| Diluted EPS | $0.17 | $0.12 | $0.14 | $0.23 | $0.29 | $0.19 | $0.23 | $0.25 | $0.27 | $0.20 | $0.23 | $0.28 |
| EBITDA | $120.5M | $106.3M | $97.7M | $138.2M | $143.1M | $120.5M | $125.5M | $135.8M | $143.4M | $128.0M | $87.9M | $140.3M |
| Operating cash flow | $100.6M | $59.4M | $69.3M | $129.3M | $60.6M | $85.4M | $68.6M | $141.2M | $45.5M | $100.0M | $75.9M | $128.0M |
| Free cash flow | $81.0M | $47.5M | $31.4M | $104.3M | $39.2M | $67.7M | $26.6M | $123.3M | $28.4M | $82.6M | $46.6M | $102.5M |
| Diluted shares | 191.2M | 190.9M | 190.5M | 191.3M | 192.7M | 201.6M | 205.0M | 204.3M | 206.2M | 207.0M | 207.6M | 210.6M |
Balance sheet
| Period end | Jun 28 | Mar 29 | Dec 28 | Sep 28 | Jun 29 | Mar 30 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $341.2M | $298.7M | $300.8M | $291.4M | $281.2M | $335.3M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $3.42B | $3.44B | $3.43B | $3.39B | $3.35B | $3.34B |
| Total assets | $4.88B | $4.92B | $4.96B | $4.98B | $4.89B | $4.92B |
| Total liabilities | $4.76B | $4.81B | $4.84B | $4.87B | $4.78B | $4.79B |
| Shareholders' equity | $120.5M | $115.6M | $117.4M | $109.2M | $112.9M | $130.2M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology