Wendy's (WEN) Gross Margin (2009 - 2026)

Wendy's' Gross Margin history runs 18 years deep, the most recent figure standing at 62.81% for Q1 2026.

• Quarterly Gross Margin fell 124.0% year-over-year to 62.81% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 63.33% (down 181.0% YoY) and the FY2025 annual result came in at 63.63%, down 151.0% from the prior year.
• Gross Margin was 62.81% for Q1 2026 at Wendy's, roughly flat from 62.65% in the prior quarter.
• Across five years, Gross Margin topped out at 65.94% in Q4 2024 and bottomed at 53.0% in Q1 2023.
• A 5-year average of 63.16% and a median of 63.48% in 2023 frame the typical range for Gross Margin.
• Annual changes were most pronounced in 2022 — Gross Margin sank 569 bps — and 2023, when it jumped 1049 bps.
• Wendy's' Gross Margin stood at 63.17% in 2022, then grew by 1 bps to 63.48% in 2023, then climbed by 4 bps to 65.94% in 2024, then declined by 5 bps to 62.65% in 2025, then increased by 0 bps to 62.81% in 2026.
• Business Quant data shows WEN's Gross Margin at 62.81% in Q1 2026, 62.65% in Q4 2025, and 62.83% in Q3 2025.