Wendy's (WEN) Gross Margin (2009 - 2026)
Wendy's posted quarterly Gross Margin of 62.81% for Q1 2026, down 124.0% year-on-year from 261.72% in Q1 2025, and little changed on a QoQ basis from 62.65% in Q4 2025.
Wendy's (WEN) has 18 years of Gross Margin data on file, last reported at 62.81% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 124.0% year-over-year to 62.81%; the trailing twelve-month figure through Mar 2026 stood at 63.33% (down 181.0% YoY), and the FY2025 full-year result was 63.63%, down 151.0% from the prior year.
- Gross Margin for Q1 2026 stood at 62.81%, 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.
- The 5-year median for Gross Margin is 63.48% (2023), against an average of 63.16%.
- The widest annual swing landed in 2022, when Gross Margin plunged 569 bps; it then jumped 1049 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 63.17% in 2022, then climbed by 1 bps to 63.48% in 2023, then advanced by 4 bps to 65.94% in 2024, then dropped by 5 bps to 62.65% in 2025, then grew by 0 bps to 62.81% in 2026.
- The last three Gross Margin figures came in at 62.81% (Q1 2026), 62.65% (Q4 2025), and 62.83% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 110.27 Bn | 108.58 Bn | 9.40 Bn | 98.63% |
| 2 | Yum Brands | 40.90 Bn | 40.21 Bn | 1.38 Bn | 67.12% |
| 3 | Chipotle Mexican Grill | 39.62 Bn | 38.75 Bn | 2.61 Bn | 84.44% |
| 4 | Restaurant Brands International | 25.25 Bn | 25.79 Bn | 2.14 Bn | 94.61% |
| 5 | Darden Restaurants | 23.41 Bn | 23.17 Bn | 3.31 Bn | 98.82% |
| 6 | Yum China Holdings | 15.07 Bn | 13.64 Bn | 3.24 Bn | 99.05% |
| 7 | Texas Roadhouse | 11.59 Bn | 11.39 Bn | 1.40 Bn | 86.00% |
| 8 | Dominos Pizza | 10.51 Bn | 10.27 Bn | 464.51 Mn | 40.37% |
| 9 | Cava | 8.67 Bn | 8.28 Bn | 797.57 Mn | 290.04% |
| 10 | Wendy's | 1.49 Bn | 1.19 Bn | 339.59 Mn | 62.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 62.81% |
| Dec 28, 2025 | 62.65% |
| Sep 28, 2025 | 62.83% |
| Jun 29, 2025 | 64.97% |
| Mar 30, 2025 | 64.05% |
| Dec 29, 2024 | 65.94% |
| Sep 29, 2024 | 65.48% |
| Jun 30, 2024 | 64.98% |
| Mar 31, 2024 | 64.07% |
| Dec 31, 2023 | 63.48% |
| Oct 1, 2023 | 63.76% |
| Jul 2, 2023 | 64.21% |
| Apr 2, 2023 | 62.83% |
| Jan 1, 2023 | 53.00% |
| Oct 2, 2022 | 63.17% |
| Jul 3, 2022 | 63.32% |
| Apr 3, 2022 | 62.13% |
| Oct 3, 2021 | 68.86% |
| Jul 4, 2021 | 68.75% |
| Apr 4, 2021 | 65.92% |
| Jan 3, 2021 | 65.27% |
| Sep 27, 2020 | 64.72% |
| Jun 28, 2020 | 65.05% |
| Mar 29, 2020 | 62.96% |
| Dec 29, 2019 | 64.55% |
| Sep 29, 2019 | 65.19% |
| Jun 30, 2019 | 65.29% |
| Mar 31, 2019 | 65.10% |
| Dec 30, 2018 | 65.09% |
| Sep 30, 2018 | 65.21% |
| Jul 1, 2018 | 66.39% |
| Apr 1, 2018 | 65.26% |
| Dec 31, 2017 | 58.23% |
| Oct 1, 2017 | 56.61% |
| Jul 2, 2017 | 59.24% |
| Apr 2, 2017 | 56.43% |
| Jan 1, 2017 | 54.55% |
| Oct 2, 2016 | 48.75% |
| Jul 3, 2016 | 47.07% |
| Apr 3, 2016 | 43.31% |
| Jan 3, 2016 | 41.36% |
| Sep 27, 2015 | 37.26% |
| Jun 28, 2015 | 35.63% |
| Mar 29, 2015 | 32.46% |
| Dec 28, 2014 | 33.52% |
| Sep 28, 2014 | 33.02% |
| Jun 29, 2014 | 33.78% |
| Mar 30, 2014 | 28.53% |
| Dec 29, 2013 | 26.33% |
| Sep 29, 2013 | 26.78% |
| Jun 30, 2013 | 27.25% |
| Mar 31, 2013 | 23.66% |
| Dec 30, 2012 | 26.29% |
| Sep 30, 2012 | 24.81% |
| Jul 1, 2012 | 25.20% |
| Apr 1, 2012 | 23.22% |
| Jan 1, 2012 | 26.11% |
| Oct 2, 2011 | 25.09% |
| Jul 3, 2011 | 25.33% |
| Apr 3, 2011 | 24.65% |
| Jan 2, 2011 | 25.85% |
| Oct 3, 2010 | 24.87% |
| Jul 4, 2010 | 27.18% |
| Apr 4, 2010 | 26.23% |
| Jan 3, 2010 | 3.45% |
| Sep 27, 2009 | 24.26% |
| Jun 28, 2009 | 24.79% |