KPIs & Operating Metrics(New)
Growth Metrics

Wingstop (WING) Gross Margin (2016 - 2025)

Wingstop (WING) has disclosed Gross Margin for 12 consecutive years, with 86.07% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Gross Margin rose 48.0% year-over-year to 86.07%, compared with a TTM value of 86.22% through Dec 2025, up 86.0%, and an annual FY2025 reading of 86.22%, up 86.0% over the prior year.
  • Gross Margin was 86.07% for Q4 2025 at Wingstop, roughly flat from 86.15% in the prior quarter.
  • Across five years, Gross Margin topped out at 86.65% in Q1 2025 and bottomed at 76.88% in Q3 2021.
  • Average Gross Margin over 5 years is 83.59%, with a median of 84.57% recorded in 2023.
  • The sharpest move saw Gross Margin plummeted -467bps in 2021, then skyrocketed 615bps in 2022.
  • Year by year, Gross Margin stood at 79.56% in 2021, then grew by 5bps to 83.7% in 2022, then grew by 1bps to 84.51% in 2023, then increased by 1bps to 85.59% in 2024, then rose by 1bps to 86.07% in 2025.
  • Business Quant data shows Gross Margin for WING at 86.07% in Q4 2025, 86.15% in Q3 2025, and 86.0% in Q2 2025.