KPIs & Operating Metrics(New)
Growth Metrics

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

Wendy's' Cost of Revenue history spans 17 years, with the latest figure at $202.8 million for Q4 2025.

  • For Q4 2025, Cost of Revenue rose 3.68% year-over-year to $202.8 million; the TTM value through Dec 2025 reached $791.7 million, up 1.09%, while the annual FY2025 figure was $791.7 million, 1.09% up from the prior year.
  • Cost of Revenue reached $202.8 million in Q4 2025 per WEN's latest filing, down from $204.3 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 $146.4 million in Q4 2021.
  • Average Cost of Revenue over 5 years is $194.3 million, with a median of $196.3 million recorded in 2022.
  • Peak YoY movement for Cost of Revenue: skyrocketed 33.96% in 2022, then crashed 37.47% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $146.4 million in 2021, then skyrocketed by 33.96% to $196.2 million in 2022, then increased by 0.64% to $197.4 million in 2023, then fell by 0.94% to $195.6 million in 2024, then increased by 3.68% to $202.8 million in 2025.
  • Per Business Quant, the three most recent readings for WEN's Cost of Revenue are $202.8 million (Q4 2025), $204.3 million (Q3 2025), and $196.5 million (Q2 2025).