Wingstop (WING) Operating Margin (2014 - 2026)

Wingstop has reported Operating Margin for 13 years, with the latest figure at 27.44% in Q1 2026.

• For the quarter ending Q1 2026, Operating Margin rose 507.0% year-over-year to 27.44%; the trailing twelve-month figure through Mar 2026 stood at 26.98% (up 223.0% YoY), and the FY2025 full-year result was 25.73%, down 74.0% from the prior year.
• Operating Margin for Q1 2026 stood at 27.44%, up from 26.66% in the prior quarter.
• The five-year high for Operating Margin was 29.31% in Q1 2024, with the low at 21.79% in Q1 2022.
• Historically, Operating Margin has averaged 25.67% across 5 years, with a median of 25.99% in 2022.
• Annual changes were most pronounced in 2022 — Operating Margin soared 779 bps — and 2025, when it tumbled 695 bps.
• Wingstop's Operating Margin stood at 27.53% in 2022, then retreated by 15 bps to 23.47% in 2023, then rose by 10 bps to 25.86% in 2024, then climbed by 3 bps to 26.66% in 2025, then climbed by 3 bps to 27.44% in 2026.
• The last three Operating Margin figures came in at 27.44% (Q1 2026), 26.66% (Q4 2025), and 27.86% (Q3 2025), per Business Quant data.