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

Wendy's has reported Gross Margin for 18 years, with the latest figure 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.
• The five-year high for Gross Margin was 65.94% in Q4 2024, with the low at 53.0% in Q1 2023.
• Historically, Gross Margin has averaged 63.16% across 5 years, with a median of 63.48% in 2023.
• Annual changes were most pronounced in 2022 — Gross Margin slumped 569 bps — and 2023, when it jumped 1049 bps.
• Wendy's' Gross Margin 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.