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

Wendy's (WEN) posted Cost of Revenue of $201.0 million for Q1 2026, down 0.85% on a QoQ basis from $202.8 million in Q4 2025, and up 6.84% year-over-year from $188.2 million in Q1 2025.

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

Wendy's' Cost of Revenue history runs 18 years deep, the most recent figure standing at $201.0 million for 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 was $201.0 million for Q1 2026 at Wendy's, down from $202.8 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $315.7 million in Q1 2023 and bottomed at $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 tumbled 37.47%.
  • Wendy's' Cost of Revenue stood at $196.2 million in 2022, then increased by 0.64% to $197.4 million in 2023, then slipped by 0.94% to $195.6 million in 2024, then advanced by 3.68% to $202.8 million in 2025, then dropped by 0.85% to $201.0 million in 2026.
  • Business Quant data shows WEN's Cost of Revenue at $201.0 million in Q1 2026, $202.8 million in Q4 2025, and $204.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Starbucks 118.45 Bn 116.75 Bn 6.32 Bn 3.21 Bn
2 Chipotle Mexican Grill 43.15 Bn 42.28 Bn 2.61 Bn 480.64 Mn
3 Yum Brands 41.16 Bn 40.47 Bn 1.38 Bn 677.00 Mn
4 Restaurant Brands International 25.91 Bn 24.90 Bn 2.14 Bn 122.00 Mn
5 Darden Restaurants 23.64 Bn 23.42 Bn 3.68 Bn 43.20 Mn
6 Yum China Holdings 15.80 Bn 14.37 Bn 2.31 Bn 963.00 Mn
7 Texas Roadhouse 13.28 Bn 13.06 Bn 1.40 Bn 228.63 Mn
8 Dominos Pizza 11.43 Bn 11.30 Bn 478.23 Mn 716.20 Mn
9 Brinker International 8.46 Bn 8.40 Bn 1.10 Bn 373.10 Mn
10 Wendy's 1.41 Bn 1.37 Bn 339.59 Mn 201.05 Mn

Historic Data

Download Data
DateValue
Mar 29, 2026 201.05 Mn
Mar 29, 2026 201.05 Mn
Dec 28, 2025 202.78 Mn
Dec 28, 2025 202.78 Mn
Sep 28, 2025 204.26 Mn
Sep 28, 2025 204.26 Mn
Jun 29, 2025 196.52 Mn
Jun 29, 2025 196.52 Mn
Mar 30, 2025 188.17 Mn
Mar 30, 2025 188.17 Mn
Dec 29, 2024 195.57 Mn
Dec 29, 2024 195.57 Mn
Sep 29, 2024 195.64 Mn
Sep 29, 2024 195.64 Mn
Jun 30, 2024 199.89 Mn
Jun 30, 2024 199.89 Mn
Mar 31, 2024 192.11 Mn
Mar 31, 2024 192.11 Mn
Dec 31, 2023 197.43 Mn
Dec 31, 2023 197.43 Mn