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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |