Wendy's (WEN) Operating Leases (2019 - 2026)

Wendy's' Operating Leases history runs 8 years deep, the most recent figure standing at $627.2 million for Q1 2026.

• Quarterly Operating Leases fell 8.25% year-over-year to $627.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $627.2 million (down 8.25% YoY) and the FY2025 annual result came in at $660.3 million, down 6.26% from the prior year.
• Operating Leases was $627.2 million for Q1 2026 at Wendy's, down from $660.3 million in the prior quarter.
• Across five years, Operating Leases topped out at $853.3 million in Q1 2022 and bottomed at $627.2 million in Q1 2026.
• A 5-year average of $741.3 million and a median of $734.2 million in 2023 frame the typical range for Operating Leases.
• Annual changes were most pronounced in 2022 — Operating Leases retreated 1.39% — and 2026, when it decreased 8.25%.
• Wendy's' Operating Leases stood at $804.6 million in 2022, then dropped by 8.11% to $739.3 million in 2023, then dropped by 4.73% to $704.3 million in 2024, then slipped by 6.26% to $660.3 million in 2025, then declined by 5.0% to $627.2 million in 2026.
• Business Quant data shows WEN's Operating Leases at $627.2 million in Q1 2026, $660.3 million in Q4 2025, and $679.7 million in Q3 2025.