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Wingstop (WING) Operating Expenses (2016 - 2025)

Wingstop's Operating Expenses history spans 12 years, with the latest figure at $128.9 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 7.4% year-over-year to $128.9 million; the TTM value through Dec 2025 reached $517.6 million, up 12.47%, while the annual FY2025 figure was $517.6 million, 12.47% up from the prior year.
  • Operating Expenses reached $128.9 million in Q4 2025 per WING's latest filing, up from $126.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $132.8 million in Q1 2025 to a low of $45.0 million in Q3 2021.
  • Average Operating Expenses over 5 years is $90.0 million, with a median of $84.8 million recorded in 2023.
  • Peak YoY movement for Operating Expenses: dropped 9.53% in 2021, then soared 52.59% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $57.8 million in 2021, then surged by 31.46% to $76.0 million in 2022, then rose by 27.96% to $97.2 million in 2023, then grew by 23.38% to $120.0 million in 2024, then grew by 7.4% to $128.9 million in 2025.
  • Per Business Quant, the three most recent readings for WING's Operating Expenses are $128.9 million (Q4 2025), $126.8 million (Q3 2025), and $129.1 million (Q2 2025).