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

Wendy's has reported Cost of Revenue for 18 years, with the latest figure at $201.0 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 6.84% year-over-year to $201.0 million; the trailing twelve-month figure through Mar 2026 stood at $804.6 million (up 3.25% YoY), and the FY2025 full-year result was $791.7 million, up 1.09% from the prior year.
• Cost of Revenue for Q1 2026 stood at $201.0 million, down from $202.8 million in the prior quarter.
• The five-year high for Cost of Revenue was $315.7 million in Q1 2023, with the low at $185.1 million in Q2 2022.
• Historically, Cost of Revenue has averaged $203.8 million across 5 years, with a median of $197.3 million in 2022.
• Annual changes were most pronounced in 2022 — Cost of Revenue soared 33.96% — and 2023, when it plunged 37.47%.
• Wendy's' Cost of Revenue 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.