Wendy's WEN
NASDAQ WEN
$8.03 +0.15 (+1.90%)
As of: Sep 4, 2026 · 3:59 PM EDT

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

Wendy's' (WEN) quarterly Gross Margin came in at 62.81% in Q1 2026, down 124.0% YoY from 261.72% in Q1 2025, and little changed on a QoQ basis from 62.65% in Q4 2025.

Analysis

Wendy's (WEN) Gross Margin (2009 - 2026) Analysis & Trends

Wendy's (WEN) has 18 years of Gross Margin data on file, last reported at 62.81% in 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 steadied at 62.81% in Q1 2026, from 62.65% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 65.94% in Q4 2024 to a low of 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 slumped 569 bps — and 2023, when it jumped 1049 bps.
  • Tracing WEN's Gross Margin over 5 years: stood at 63.17% in 2022, then advanced by 1 bps to 63.48% in 2023, then gained by 4 bps to 65.94% in 2024, then slipped by 5 bps to 62.65% in 2025, then climbed 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 Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Mcdonalds 181.46 Bn 180.64 Bn 6.42 Bn 90.42%
2 Starbucks 119.15 Bn 115.53 Bn 6.49 Bn 69.66%
3 Chipotle Mexican Grill 47.22 Bn 46.55 Bn 2.35 Bn 70.33%
4 Yum Brands 41.34 Bn 40.66 Bn 1.47 Bn 67.73%
5 Restaurant Brands International 27.92 Bn 26.86 Bn 1.89 Bn 74.80%
6 Darden Restaurants 25.01 Bn 24.79 Bn 3.68 Bn 98.84%
7 Restaurant Brands International Limited Partnership 17.24 Bn 16.18 Bn 1.89 Bn 74.80%
8 Yum China Holdings 15.19 Bn 13.80 Bn 2.22 Bn 70.75%
9 Texas Roadhouse 12.42 Bn 12.22 Bn 1.44 Bn 85.89%
10 Wendy's 1.52 Bn 1.18 Bn 363.30 Mn 63.67%
Historic Data

Historic Data

Download Data
DateValue
Jun 28, 2026 63.67%
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%