Financials in USD. Standardized financial statements.
A compact view of how The Wendy's Company turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $2.18B | $2.25B | $2.18B | $2.10B | $1.90B | $1.73B | $1.71B | $1.59B | $1.22B | $1.44B |
| Revenue Growth? | -3.1% | +3.0% | +4.1% | +10.5% | +9.4% | +1.5% | +7.5% | +30.0% | -14.8% | 0.0% |
| Cost of Revenue? | $1.59B | $1.46B | $1.41B | $1.37B | $1.36B | $1.11B | $1.10B | $986.76M | $622.27M | $826.72M |
| Gross Profit? | $585.00M | $790.01M | $776.47M | $720.76M | $536.66M | $621.48M | $605.74M | $603.17M | $601.13M | $608.69M |
| Gross Margin? | +26.9% | +35.2% | +35.6% | +34.4% | +28.3% | +35.8% | +35.4% | +37.9% | +49.1% | +42.4% |
| Operating Expenses? | $252.68M | $418.65M | $394.48M | $367.44M | $169.70M | $352.17M | $343.16M | $339.98M | $386.38M | $293.91M |
| Operating Income? | $332.32M | $371.36M | $381.98M | $353.31M | $366.96M | $269.31M | $262.58M | $249.89M | $214.76M | $314.78M |
| EBITDA? | $524.58M | $554.23M | $552.05M | $501.63M | $475.30M | $403.31M | $419.14M | $823.41M | $344.76M | $440.80M |
| Income Before Tax | $227.25M | $272.41M | $279.42M | $243.50M | $240.58M | $152.79M | $171.48M | $574.92M | $101.02M | $201.69M |
| Income Tax Expense | $62.17M | $78.06M | $74.98M | $66.14M | $40.19M | $34.96M | $34.54M | $114.80M | -$93.01M | $72.07M |
| Net Income? | $165.07M | $194.36M | $204.44M | $177.37M | $200.39M | $117.83M | $136.94M | $460.12M | $194.03M | $129.62M |
| EPS? | $0.85 | $0.95 | $0.98 | $0.83 | $0.91 | $0.53 | $0.60 | $1.93 | $0.79 | $0.49 |
| Diluted EPS? | $0.85 | $0.95 | $0.97 | $0.82 | $0.89 | $0.52 | $0.58 | $1.88 | $0.77 | $0.49 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality