Wingstop (WING) Gross Margin (2014 - 2026)

Wingstop has reported Gross Margin for 13 years, with the latest figure at 86.55% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin fell 11.0% year-over-year to 86.55%; the trailing twelve-month figure through Mar 2026 stood at 86.2% (up 51.0% YoY), and the FY2025 full-year result was 86.22%, up 86.0% from the prior year.
• Gross Margin for Q1 2026 stood at 86.55%, up from 86.07% in the prior quarter.
• The five-year high for Gross Margin was 86.65% in Q1 2025, with the low at 79.43% in Q1 2022.
• Historically, Gross Margin has averaged 84.69% across 5 years, with a median of 85.0% in 2024.
• The largest YoY upside for Gross Margin was 615 bps in 2022 against a maximum downside of 178 bps in 2022.
• Wingstop's Gross Margin stood at 83.7% in 2022, then advanced by 1 bps to 84.51% in 2023, then rose by 1 bps to 85.59% in 2024, then gained by 1 bps to 86.07% in 2025, then increased by 1 bps to 86.55% in 2026.
• The last three Gross Margin figures came in at 86.55% (Q1 2026), 86.07% (Q4 2025), and 86.15% (Q3 2025), per Business Quant data.