Wingstop (WING) Operating Expenses (2014 - 2026)
Wingstop's (WING) quarterly Operating Expenses came in at $130.9 million in Q2 2026, up 1.42% on a YoY basis from $129.1 million in Q2 2025, and down 1.79% quarter-over-quarter from $133.3 million in Q1 2026.
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Analysis
Wingstop (WING) Operating Expenses (2014 - 2026) Analysis & Trends
Wingstop (WING) has reported Operating Expenses for 13 consecutive years, with $130.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 1.42% year-over-year to $130.9 million; the trailing twelve-month figure through Jun 2026 stood at $519.9 million (up 3.03% YoY), and the FY2025 full-year result was $517.6 million, up 12.47% from the prior year.
- Operating Expenses fell to $130.9 million in Q2 2026 per WING's latest filing, from $133.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at $133.3 million in Q1 2026 and bottomed at $59.6 million in Q1 2022.
- Historically, Operating Expenses has averaged $103.1 million across 5 years, with a median of $108.8 million in 2024.
- The sharpest annual moves came in 2022 and 2026: Operating Expenses soared 52.59% in 2022, then advanced 0.36% in 2026.
- Over 5 years, Operating Expenses stood at $76.0 million in 2022, then climbed 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, then increased by 1.61% to $130.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $130.9 million, $133.3 million, and $128.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 168.67 Bn | 167.85 Bn | 6.42 Bn | 3.76 Bn |
| 2 | Starbucks | 107.32 Bn | 103.72 Bn | 6.49 Bn | 8.42 Bn |
| 3 | Chipotle Mexican Grill | 41.40 Bn | 40.73 Bn | 2.35 Bn | 2.82 Bn |
| 4 | Yum Brands | 38.39 Bn | 37.72 Bn | 1.47 Bn | 1.51 Bn |
| 5 | Restaurant Brands International | 25.02 Bn | 25.51 Bn | 1.89 Bn | 1.80 Bn |
| 6 | Darden Restaurants | 24.39 Bn | 24.17 Bn | 3.68 Bn | 3.20 Bn |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 15.95 Bn | 1.89 Bn | 1.80 Bn |
| 8 | Yum China Holdings | 14.09 Bn | 13.41 Bn | 2.22 Bn | 2.79 Bn |
| 9 | Texas Roadhouse | 10.81 Bn | 10.63 Bn | 1.44 Bn | 1.54 Bn |
| 10 | Wingstop | 2.67 Bn | 2.51 Bn | 160.50 Mn | 130.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 130.93 Mn |
| Mar 28, 2026 | 133.32 Mn |
| Dec 27, 2025 | 128.86 Mn |
| Sep 27, 2025 | 126.78 Mn |
| Jun 28, 2025 | 129.10 Mn |
| Mar 29, 2025 | 132.83 Mn |
| Dec 28, 2024 | 119.98 Mn |
| Sep 28, 2024 | 122.68 Mn |
| Jun 29, 2024 | 114.48 Mn |
| Mar 30, 2024 | 103.05 Mn |
| Dec 30, 2023 | 97.24 Mn |
| Sep 30, 2023 | 86.45 Mn |
| Jul 1, 2023 | 80.72 Mn |
| Apr 1, 2023 | 83.05 Mn |
| Dec 31, 2022 | 76.00 Mn |
| Sep 24, 2022 | 68.59 Mn |
| Jun 25, 2022 | 61.40 Mn |
| Mar 26, 2022 | 59.60 Mn |
| Dec 25, 2021 | 57.81 Mn |
| Sep 25, 2021 | 44.95 Mn |
API Access
Wingstop Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=WING&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "WING", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=WING&period=max&api_key=YOUR_API_KEY");
const data = await res.json();