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Wingstop (WING) Operating Expenses (2016 - 2025)

Wingstop (WING) has disclosed Operating Expenses for 12 consecutive years, with $128.9 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 7.4% year-over-year to $128.9 million, compared with a TTM value of $517.6 million through Dec 2025, up 12.47%, and an annual FY2025 reading of $517.6 million, up 12.47% over the prior year.
  • Operating Expenses was $128.9 million for Q4 2025 at Wingstop, up from $126.8 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $132.8 million in Q1 2025 and bottomed at $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.
  • The sharpest move saw Operating Expenses dropped 9.53% in 2021, then soared 52.59% in 2022.
  • Year by year, Operating Expenses 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.
  • Business Quant data shows Operating Expenses for WING at $128.9 million in Q4 2025, $126.8 million in Q3 2025, and $129.1 million in Q2 2025.