Wendy's (WEN) Rent Expense (2016 - 2026)

Wendy's (WEN) has 11 years of Rent Expense data on file, last reported at $30.2 million in Q1 2026.

• For the quarter ending Q1 2026, Rent Expense fell 1.71% year-over-year to $30.2 million; the trailing twelve-month figure through Mar 2026 stood at $125.2 million (down 0.89% YoY), and the FY2025 full-year result was $125.8 million, down 1.31% from the prior year.
• Rent Expense for Q1 2026 stood at $30.2 million, down from $31.5 million in the prior quarter.
• Across five years, Rent Expense topped out at $32.6 million in Q2 2025 and bottomed at $23.0 million in Q1 2023.
• The 5-year median for Rent Expense is $31.5 million (2025), against an average of $30.9 million.
• The widest annual swing landed in 2022, when Rent Expense fell 11.15%; it then jumped 32.33% in 2023.
• A 5-year view of Rent Expense shows it stood at $31.7 million in 2022, then declined by 3.84% to $30.5 million in 2023, then advanced by 1.87% to $31.0 million in 2024, then grew by 1.48% to $31.5 million in 2025, then dropped by 4.21% to $30.2 million in 2026.
• The last three Rent Expense figures came in at $30.2 million (Q1 2026), $31.5 million (Q4 2025), and $30.9 million (Q3 2025), per Business Quant data.

Peer Comparison