Wingstop (WING) Gross Margin (2014 - 2026)
Wingstop's (WING) quarterly Gross Margin came in at 86.49% in Q2 2026, up 49.0% YoY from 58.05% in Q2 2025, and little changed on a QoQ basis from 86.55% in Q1 2026.
Analysis
Wingstop (WING) Gross Margin (2014 - 2026) Analysis & Trends
Wingstop (WING) has 13 years of Gross Margin data on file, last reported at 86.49% in Q2 2026.
- Quarterly Gross Margin rose 49.0% year-over-year to 86.49% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 86.32% (up 49.0% YoY) and the FY2025 annual result came in at 86.22%, up 86.0% from the prior year.
- Gross Margin was little changed at 86.49% in Q2 2026, from 86.55% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 86.65% in Q1 2025 to a low of 79.43% in Q1 2022.
- A 5-year average of 84.79% and a median of 85.21% in 2024 frame the typical range for Gross Margin.
- The widest YoY moves for Gross Margin: up 615 bps in 2022, down 178 bps in 2022.
- Tracing WING's Gross Margin over 5 years: 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 0 bps to 86.49% in 2026.
- The last three Gross Margin figures came in at 86.49% (Q2 2026), 86.55% (Q1 2026), and 86.07% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 181.46 Bn | 180.64 Bn | 6.42 Bn | 90.42% |
| 2 | Starbucks | 119.15 Bn | 115.53 Bn | 6.49 Bn | 69.66% |
| 3 | Chipotle Mexican Grill | 47.22 Bn | 46.55 Bn | 2.35 Bn | 70.33% |
| 4 | Yum Brands | 41.34 Bn | 40.66 Bn | 1.47 Bn | 67.73% |
| 5 | Restaurant Brands International | 27.92 Bn | 26.86 Bn | 1.89 Bn | 74.80% |
| 6 | Darden Restaurants | 25.01 Bn | 24.79 Bn | 3.68 Bn | 98.84% |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 74.80% |
| 8 | Yum China Holdings | 15.19 Bn | 13.80 Bn | 2.22 Bn | 70.75% |
| 9 | Texas Roadhouse | 12.42 Bn | 12.22 Bn | 1.44 Bn | 85.89% |
| 10 | Wingstop | 2.97 Bn | 2.82 Bn | 160.50 Mn | 86.49% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 86.49% |
| Mar 28, 2026 | 86.55% |
| Dec 27, 2025 | 86.07% |
| Sep 27, 2025 | 86.15% |
| Jun 28, 2025 | 86.00% |
| Mar 29, 2025 | 86.65% |
| Dec 28, 2024 | 85.59% |
| Sep 28, 2024 | 85.00% |
| Jun 29, 2024 | 85.44% |
| Mar 30, 2024 | 85.41% |
| Dec 30, 2023 | 84.51% |
| Sep 30, 2023 | 84.95% |
| Jul 1, 2023 | 84.47% |
| Apr 1, 2023 | 84.64% |
| Dec 31, 2022 | 83.70% |
| Sep 24, 2022 | 83.03% |
| Jun 25, 2022 | 82.22% |
| Mar 26, 2022 | 79.43% |
| Dec 25, 2021 | 79.56% |
| Sep 25, 2021 | 76.88% |