Wingstop (WING) Gross Margin (2014 - 2026)

Wingstop's Gross Margin history runs 13 years deep, the most recent figure standing at 86.55% for Q1 2026.

• Quarterly Gross Margin fell 11.0% year-over-year to 86.55% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 86.2% (up 51.0% YoY) and the FY2025 annual result came in at 86.22%, up 86.0% from the prior year.
• Gross Margin was 86.55% for Q1 2026 at Wingstop, up from 86.07% in the prior quarter.
• Across five years, Gross Margin topped out at 86.65% in Q1 2025 and bottomed at 79.43% in Q1 2022.
• A 5-year average of 84.69% and a median of 85.0% in 2024 frame the typical range for Gross Margin.
• Peak annual rise in Gross Margin reached 615 bps in 2022, while the deepest fall reached 178 bps in 2022.
• Wingstop's Gross Margin stood at 83.7% in 2022, then grew by 1 bps to 84.51% in 2023, then advanced by 1 bps to 85.59% in 2024, then climbed by 1 bps to 86.07% in 2025, then gained by 1 bps to 86.55% in 2026.
• Business Quant data shows WING's Gross Margin at 86.55% in Q1 2026, 86.07% in Q4 2025, and 86.15% in Q3 2025.