Wendy's (WEN) Operating Expenses (2009 - 2026)

Wendy's' Operating Expenses history runs 18 years deep, the most recent figure standing at $475.7 million for Q1 2026.

• Quarterly Operating Expenses rose 8.03% year-over-year to $475.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.9 billion (changed 0.37% YoY) and the FY2025 annual result came in at $1.8 billion, down 2.22% from the prior year.
• Operating Expenses was $475.7 million for Q1 2026 at Wendy's, down from $479.0 million in the prior quarter.
• Across five years, Operating Expenses topped out at $608.5 million in Q1 2023 and bottomed at $413.8 million in Q2 2022.
• A 5-year average of $463.6 million and a median of $454.0 million in 2023 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2022 — Operating Expenses advanced 20.43% — and 2023, when it dropped 25.38%.
• Wendy's' Operating Expenses stood at $434.4 million in 2022, then advanced by 4.51% to $454.0 million in 2023, then gained by 5.34% to $478.3 million in 2024, then grew by 0.15% to $479.0 million in 2025, then fell by 0.68% to $475.7 million in 2026.
• Business Quant data shows WEN's Operating Expenses at $475.7 million in Q1 2026, $479.0 million in Q4 2025, and $457.5 million in Q3 2025.