Wendy's WEN
NASDAQ WEN
$8.03 +0.15 (+1.90%)
As of: Sep 4, 2026 · 3:59 PM EDT

Wendy's (WEN) Cost of Revenue (2009 - 2026)

Wendy's' (WEN) quarterly Cost of Revenue came in at $201.0 million in Q1 2026, up 6.84% YoY from $188.2 million in Q1 2025, and down 0.85% on a QoQ basis from $202.8 million in Q4 2025.

Analysis

Wendy's (WEN) Cost of Revenue (2009 - 2026) Analysis & Trends

Wendy's (WEN) has 18 years of Cost of Revenue data on file, last reported at $201.0 million in Q1 2026.

  • Quarterly Cost of Revenue rose 6.84% year-over-year to $201.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $804.6 million (up 3.25% YoY) and the FY2025 annual result came in at $791.7 million, up 1.09% from the prior year.
  • Cost of Revenue declined to $201.0 million in Q1 2026, from $202.8 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $315.7 million in Q1 2023 to a low of $185.1 million in Q2 2022.
  • A 5-year average of $203.8 million and a median of $197.3 million in 2022 frame the typical range for Cost of Revenue.
  • Annual changes were most pronounced in 2022 — Cost of Revenue soared 33.96% — and 2023, when it plunged 37.47%.
  • Tracing WEN's Cost of Revenue over 5 years: stood at $196.2 million in 2022, then climbed by 0.64% to $197.4 million in 2023, then retreated by 0.94% to $195.6 million in 2024, then rose by 3.68% to $202.8 million in 2025, then decreased by 0.85% to $201.0 million in 2026.
  • The last three Cost of Revenue figures came in at $201.0 million (Q1 2026), $202.8 million (Q4 2025), and $204.3 million (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Mcdonalds 181.46 Bn 180.64 Bn 6.42 Bn 680.00 Mn
2 Starbucks 119.15 Bn 115.53 Bn 6.49 Bn 2.83 Bn
3 Chipotle Mexican Grill 47.22 Bn 46.55 Bn 2.35 Bn 993.57 Mn
4 Yum Brands 41.34 Bn 40.66 Bn 1.47 Bn 700.00 Mn
5 Restaurant Brands International 27.92 Bn 26.86 Bn 1.89 Bn 635.00 Mn
6 Darden Restaurants 25.01 Bn 24.79 Bn 3.68 Bn 43.20 Mn
7 Restaurant Brands International Limited Partnership 17.24 Bn 16.18 Bn 1.89 Bn 635.00 Mn
8 Yum China Holdings 15.19 Bn 13.80 Bn 2.22 Bn 918.00 Mn
9 Texas Roadhouse 12.42 Bn 12.22 Bn 1.44 Bn 237.02 Mn
10 Wendy's 1.52 Bn 1.18 Bn 363.30 Mn 207.28 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 28, 2026 207.28 Mn
Mar 29, 2026 201.05 Mn
Dec 28, 2025 202.78 Mn
Sep 28, 2025 204.26 Mn
Jun 29, 2025 196.52 Mn
Mar 30, 2025 188.17 Mn
Dec 29, 2024 195.57 Mn
Sep 29, 2024 195.64 Mn
Jun 30, 2024 199.89 Mn
Mar 31, 2024 192.11 Mn
Dec 31, 2023 197.43 Mn
Oct 1, 2023 199.52 Mn
Jul 2, 2023 201.01 Mn
Apr 2, 2023 196.54 Mn
Jan 1, 2023 315.73 Mn
Oct 2, 2022 196.17 Mn
Jul 3, 2022 197.29 Mn
Apr 3, 2022 185.05 Mn
Oct 3, 2021 146.44 Mn
Jul 4, 2021 154.15 Mn