KPIs & Operating Metrics(New)
Growth Metrics

Wendy's (WEN) Cost of Revenue (2016 - 2025)

Wendy's (WEN) has disclosed Cost of Revenue for 17 consecutive years, with $202.8 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Cost of Revenue rose 3.68% year-over-year to $202.8 million, compared with a TTM value of $791.7 million through Dec 2025, up 1.09%, and an annual FY2025 reading of $791.7 million, up 1.09% over the prior year.
  • Cost of Revenue was $202.8 million for Q4 2025 at Wendy's, down from $204.3 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $315.7 million in Q1 2023 and bottomed at $146.4 million in Q4 2021.
  • Average Cost of Revenue over 5 years is $195.2 million, with a median of $196.5 million recorded in 2025.
  • The sharpest move saw Cost of Revenue rose 27.98% in 2022, then crashed 31.59% in 2023.
  • Year by year, Cost of Revenue stood at $146.4 million in 2021, then surged by 34.72% to $197.3 million in 2022, then rose by 9.48% to $216.0 million in 2023, then decreased by 9.45% to $195.6 million in 2024, then increased by 3.68% to $202.8 million in 2025.
  • Business Quant data shows Cost of Revenue for WEN at $202.8 million in Q4 2025, $204.3 million in Q3 2025, and $196.5 million in Q2 2025.