KPIs & Operating Metrics(New)
Growth Metrics

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

Wendy's posted quarterly Operating Expenses of $475.7 million for Q1 2026, up 8.03% year-on-year from $440.3 million in Q1 2025, and down 0.68% on a QoQ basis from $479.0 million in Q4 2025.

Wendy's (WEN) has 18 years of Operating Expenses data on file, last reported at $475.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 8.03% year-over-year to $475.7 million; the trailing twelve-month figure through Mar 2026 stood at $1.9 billion (changed 0.37% YoY), and the FY2025 full-year result was $1.8 billion, down 2.22% from the prior year.
  • Operating Expenses for Q1 2026 stood at $475.7 million, 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.
  • The 5-year median for Operating Expenses is $454.0 million (2023), against an average of $463.6 million.
  • The widest annual swing landed in 2022, when Operating Expenses increased 20.43%; it then retreated 25.38% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $434.4 million in 2022, then gained by 4.51% to $454.0 million in 2023, then rose by 5.34% to $478.3 million in 2024, then climbed by 0.15% to $479.0 million in 2025, then declined 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Starbucks 110.27 Bn 108.58 Bn 9.40 Bn 8.75 Bn
2 Yum Brands 40.90 Bn 40.21 Bn 1.38 Bn 1.42 Bn
3 Chipotle Mexican Grill 39.62 Bn 38.75 Bn 2.61 Bn 2.69 Bn
4 Restaurant Brands International 25.25 Bn 25.79 Bn 2.14 Bn 1.66 Bn
5 Darden Restaurants 23.41 Bn 23.17 Bn 3.31 Bn 2.94 Bn
6 Yum China Holdings 15.07 Bn 13.64 Bn 3.24 Bn 2.82 Bn
7 Texas Roadhouse 11.59 Bn 11.39 Bn 1.40 Bn 1.49 Bn
8 Dominos Pizza 10.51 Bn 10.27 Bn 464.51 Mn 111.41 Mn
9 Cava 8.67 Bn 8.28 Bn 797.57 Mn 272.18 Mn
10 Wendy's 1.49 Bn 1.19 Bn 339.59 Mn 475.72 Mn

Historic Data

Download Data 🔒
DateValue
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
Apr 4, 2021 377.08 Mn
Jan 3, 2021 395.75 Mn
Sep 27, 2020 370.89 Mn
Jun 28, 2020 341.65 Mn
Mar 29, 2020 356.23 Mn
Dec 29, 2019 390.47 Mn
Sep 29, 2019 358.86 Mn
Jun 30, 2019 354.78 Mn
Mar 31, 2019 342.32 Mn
Dec 30, 2018 352.02 Mn
Sep 30, 2018 323.20 Mn
Jul 1, 2018 339.52 Mn
Apr 1, 2018 325.30 Mn
Dec 31, 2017 242.66 Mn
Oct 1, 2017 246.34 Mn
Jul 2, 2017 294.55 Mn
Apr 2, 2017 225.10 Mn
Jan 1, 2017 -127.14 Mn
Oct 2, 2016 257.92 Mn
Jul 3, 2016 317.07 Mn
Apr 3, 2016 314.96 Mn
Jan 3, 2016 5.26 Mn
Sep 27, 2015 408.69 Mn
Jun 28, 2015 425.23 Mn
Mar 29, 2015 413.86 Mn
Dec 28, 2014 437.40 Mn
Sep 28, 2014 452.43 Mn
Jun 29, 2014 444.91 Mn
Mar 30, 2014 434.18 Mn
Dec 29, 2013 495.60 Mn
Sep 29, 2013 613.97 Mn
Jun 30, 2013 593.55 Mn
Mar 31, 2013 581.22 Mn
Dec 30, 2012 597.62 Mn
Sep 30, 2012 605.13 Mn
Jul 1, 2012 607.48 Mn
Apr 1, 2012 572.27 Mn
Jan 1, 2012 2.28 Bn
Oct 2, 2011 579.03 Mn
Jul 3, 2011 575.03 Mn
Apr 3, 2011 554.45 Mn
Oct 3, 2010 3.12 Mn
Apr 4, 2010 811.11 Mn
Jan 3, 2010 -213.18 Mn
Sep 27, 2009 846.40 Mn
Jun 28, 2009 856.18 Mn