Wingstop (WING) Operating Expenses (2014 - 2026)

Wingstop (WING) posted Operating Expenses of $133.3 million for Q1 2026, up 3.46% on a QoQ basis from $128.9 million in Q4 2025, and little changed year-over-year from $132.8 million in Q1 2025.

Wingstop (WING) Operating Expenses (2014 - 2026) Analysis & Trends

Wingstop's Operating Expenses history runs 13 years deep, the most recent figure standing at $133.3 million for Q1 2026.

  • Quarterly Operating Expenses changed 0.36% year-over-year to $133.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $518.0 million (up 5.73% YoY) and the FY2025 annual result came in at $517.6 million, up 12.47% from the prior year.
  • Operating Expenses was $133.3 million for Q1 2026 at Wingstop, up from $128.9 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.
  • A 5-year average of $101.4 million and a median of $103.1 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 grew 0.36%.
  • Wingstop's 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 advanced by 3.46% to $133.3 million in 2026.
  • Business Quant data shows WING's Operating Expenses at $133.3 million in Q1 2026, $128.9 million in Q4 2025, and $126.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Starbucks 117.61 Bn 115.91 Bn 6.32 Bn 8.75 Bn
2 Chipotle Mexican Grill 41.20 Bn 40.33 Bn 2.61 Bn 2.69 Bn
3 Yum Brands 40.68 Bn 39.99 Bn 1.38 Bn 1.42 Bn
4 Restaurant Brands International 25.13 Bn 25.66 Bn 2.14 Bn 1.66 Bn
5 Darden Restaurants 22.23 Bn 21.99 Bn 3.68 Bn 3.20 Bn
6 Yum China Holdings 15.22 Bn 14.47 Bn 2.31 Bn 2.82 Bn
7 Texas Roadhouse 12.56 Bn 12.37 Bn 1.40 Bn 1.49 Bn
8 Dominos Pizza 10.74 Bn 10.60 Bn 478.23 Mn 115.37 Mn
9 Dutch Bros 8.14 Bn 8.10 Bn 107.48 Mn 430.11 Mn
10 Wingstop 3.71 Bn 3.55 Bn 159.01 Mn 133.32 Mn

Historic Data

Download Data
DateValue
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
Jun 26, 2021 55.10 Mn