Wingstop (WING) Operating Expenses (2014 - 2026)
Wingstop's (WING) quarterly Operating Expenses came in at $130.9 million in Q2 2026, up 1.42% YoY from $129.1 million in Q2 2025, and down 1.79% on a QoQ basis from $133.3 million in Q1 2026.
Analysis
Wingstop (WING) Operating Expenses (2014 - 2026) Analysis & Trends
Wingstop (WING) has 13 years of Operating Expenses data on file, last reported at $130.9 million in Q2 2026.
- Quarterly Operating Expenses rose 1.42% year-over-year to $130.9 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $519.9 million (up 3.03% YoY) and the FY2025 annual result came in at $517.6 million, up 12.47% from the prior year.
- Operating Expenses slipped to $130.9 million in Q2 2026, from $133.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $133.3 million in Q1 2026 to a low of $59.6 million in Q1 2022.
- A 5-year average of $103.1 million and a median of $108.8 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 52.59% — and 2026, when it gained 0.36%.
- Tracing WING's Operating Expenses over 5 years: stood at $76.0 million in 2022, then gained by 27.96% to $97.2 million in 2023, then advanced by 23.38% to $120.0 million in 2024, then advanced by 7.4% to $128.9 million in 2025, then climbed by 1.61% to $130.9 million in 2026.
- The last three Operating Expenses figures came in at $130.9 million (Q2 2026), $133.3 million (Q1 2026), and $128.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 181.46 Bn | 180.64 Bn | 6.42 Bn | 3.76 Bn |
| 2 | Starbucks | 119.15 Bn | 115.53 Bn | 6.49 Bn | 8.42 Bn |
| 3 | Chipotle Mexican Grill | 47.22 Bn | 46.55 Bn | 2.35 Bn | 2.82 Bn |
| 4 | Yum Brands | 41.34 Bn | 40.66 Bn | 1.47 Bn | 1.51 Bn |
| 5 | Restaurant Brands International | 27.92 Bn | 26.86 Bn | 1.89 Bn | 1.80 Bn |
| 6 | Darden Restaurants | 25.01 Bn | 24.79 Bn | 3.68 Bn | 3.20 Bn |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 1.80 Bn |
| 8 | Yum China Holdings | 15.19 Bn | 13.80 Bn | 2.22 Bn | 2.79 Bn |
| 9 | Texas Roadhouse | 12.42 Bn | 12.22 Bn | 1.44 Bn | 1.54 Bn |
| 10 | Wingstop | 2.97 Bn | 2.82 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 |