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

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

Wendy's' (WEN) quarterly Operating Expenses came in at $475.7 million in Q1 2026, up 8.03% YoY from $440.3 million in Q1 2025, and down 0.68% on a QoQ basis from $479.0 million in Q4 2025.

Analysis

Wendy's (WEN) Operating Expenses (2009 - 2026) Analysis & Trends

Wendy's (WEN) has 18 years of Operating Expenses data on file, last reported at $475.7 million in 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 slipped to $475.7 million in Q1 2026, from $479.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $608.5 million in Q1 2023 to a low of $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 increased 20.43% — and 2023, when it retreated 25.38%.
  • Tracing WEN's Operating Expenses over 5 years: stood at $434.4 million in 2022, then rose by 4.51% to $454.0 million in 2023, then increased by 5.34% to $478.3 million in 2024, then advanced by 0.15% to $479.0 million in 2025, then dropped by 0.68% to $475.7 million in 2026.
  • The last three Operating Expenses figures came in at $475.7 million (Q1 2026), $479.0 million (Q4 2025), and $457.5 million (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Mcdonalds 181.46 Bn 180.64 Bn 6.42 Bn 3.76 Bn
2 Starbucks 119.15 Bn 115.53 Bn 6.49 Bn 8.42 Bn
3 Chipotle Mexican Grill 47.22 Bn 46.55 Bn 2.35 Bn 2.82 Bn
4 Yum Brands 41.34 Bn 40.66 Bn 1.47 Bn 1.51 Bn
5 Restaurant Brands International 27.92 Bn 26.86 Bn 1.89 Bn 1.80 Bn
6 Darden Restaurants 25.01 Bn 24.79 Bn 3.68 Bn 3.20 Bn
7 Restaurant Brands International Limited Partnership 17.24 Bn 16.18 Bn 1.89 Bn 1.80 Bn
8 Yum China Holdings 15.19 Bn 13.80 Bn 2.22 Bn 2.79 Bn
9 Texas Roadhouse 12.42 Bn 12.22 Bn 1.44 Bn 1.54 Bn
10 Wendy's 1.52 Bn 1.18 Bn 363.30 Mn 491.29 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 28, 2026 491.29 Mn
Mar 29, 2026 475.72 Mn
Dec 28, 2025 478.96 Mn
Sep 28, 2025 457.47 Mn
Jun 29, 2025 456.67 Mn
Mar 30, 2025 440.35 Mn
Dec 29, 2024 478.25 Mn
Sep 29, 2024 472.06 Mn
Jun 30, 2024 471.22 Mn
Mar 31, 2024 453.60 Mn
Dec 31, 2023 454.02 Mn
Oct 1, 2023 448.95 Mn
Jul 2, 2023 452.29 Mn
Apr 2, 2023 444.33 Mn
Jan 1, 2023 608.46 Mn
Oct 2, 2022 434.43 Mn
Jul 3, 2022 441.50 Mn
Apr 3, 2022 413.76 Mn
Oct 3, 2021 390.06 Mn
Jul 4, 2021 366.59 Mn