U.S was Wendy's’s largest region in fiscal 2025, bringing in $3.96B of $4.35B (91%).
| Geography | FY 2012 | FY 2014 | FY 2018 | FY 2019 | FY 2021 | FY 2022 | FY 2023 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| U.S | $3.54B | $3.89B | $4.02B | $4.11B | $3.96B | |||||
| United States | — | — | — | — | — | |||||
| Canada | — | — | — | — | — | |||||
| International | $250.00M | $299.00M | $347.70M | $380.33M | $398.10M | |||||
| Other International | — | — | — | — | — | |||||
| Total | $3.79B | $4.19B | $4.36B | $4.49B | $4.35B |
Wendy's brought in $4.35B from its two regions in fiscal 2025, the year ended December 28, 2025. That was down 3.1% from $4.49B in fiscal 2024. U.S was the largest at $3.96B (90.9%), ahead of International at $398.10M (9.1%).
Compared with fiscal 2024, International grew 4.7% to $398.10M, while U.S fell 3.8% to $3.96B. From fiscal 2022 to 2025, combined revenue from these regions grew from $3.79B to $4.35B, a compound annual growth rate of 4.7%. U.S's share of the total fell from 93.4% to 90.9%.
Wendy'S U.S was Wendy's’s largest segment in fiscal 2025, bringing in $3.57B of $4.35B (82%).
| Segment | FY 2018 | FY 2019 | FY 2021 | FY 2022 | FY 2023 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Wendy'S U.S | $3.13B | $3.50B | $3.63B | $3.72B | $3.57B | |||
| Global Real Estate Development | $486.27M | $477.12M | $470.37M | $484.11M | $477.61M | |||
| Wendy'S International | $172.74M | $213.41M | $261.10M | $289.38M | $305.92M | |||
| Total | $3.79B | $4.19B | $4.36B | $4.49B | $4.35B |
Wendy's brought in $4.35B from its three segments in fiscal 2025, the year ended December 28, 2025. That was down 3.1% from $4.49B in fiscal 2024. Wendy'S U.S was the largest at $3.57B (82.0%), ahead of Global Real Estate Development at $477.61M (11.0%) and Wendy'S International at $305.92M (7.0%).
Compared with fiscal 2024, Wendy'S International grew fastest, up 5.7% to $305.92M, while Wendy'S U.S fell the most, down 4.0% to $3.57B. From fiscal 2022 to 2025, combined revenue from these segments grew from $3.79B to $4.35B, a compound annual growth rate of 4.7%. Wendy'S U.S's share of the total fell from 82.6% to 82.0%.
Guarantor Subsidiaries was Wendy's’s largest revenue line in fiscal 2010, bringing in $3.84B of $4.27B (90%).
| Guarantor Obligations by Nature | FY 2010 |
|---|---|
| Guarantor Subsidiaries | $3.84B |
| Non-Guarantor Subsidiaries | $430.92M |
| Total | $4.27B |
Wendy's brought in $4.27B from its two revenue lines in fiscal 2010, the year ended January 3, 2010. Guarantor Subsidiaries was the largest at $3.84B (89.9%), ahead of Non-Guarantor Subsidiaries at $430.92M (10.1%).
Wendy's (WEN) reports its revenue by geography, by segment and by guarantor obligations by nature. In fiscal 2025, U.S was its largest region, bringing in $3.96B (90.9% of the total), followed by International at $398.10M (9.1%).
U.S was Wendy's' largest region in fiscal 2025, bringing in $3.96B, or 90.9% of the $4.35B total across its two regions.
Wendy'S U.S was Wendy's' largest segment in fiscal 2025, bringing in $3.57B, or 82.0% of the $4.35B total across its three segments.
Guarantor Subsidiaries was Wendy's' largest revenue line in fiscal 2010, bringing in $3.84B, or 89.9% of the $4.27B total across its two revenue lines.
International grew faster than U.S in fiscal 2025, up 4.7% from $380.33M to $398.10M. U.S fell 3.8% to $3.96B.
Every figure comes from Wendy's' annual financial filings, as reported. Each line keeps the name Wendy's gives it, and years follow its fiscal calendar.
Wendy's' revenue by geography goes back to fiscal 2012, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.