Wendy's Co revenue
Wendy's Co's revenue was $2.18bn in fiscal 2025, down 3.1% on the year before. Since fiscal 2009 ($2.44bn) it has grown at a compound -0.7% a year. Over the last twelve months it was $2.20bn.
Revenue history
| Fiscal year | 2009Jan 2010 | 2010Jan 2011 | 2011Jan 2012 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Jan 2016 | 2016Jan 2017 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Jan 2021 | 2021Jan 2022 | 2022Jan 2023 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,437 | 2,375 | 2,431 | 2,505 | 2,424 | 1,999 | 1,870 | 1,435 | 1,223 | 1,590 | 1,709 | 1,734 | 1,897 | 2,096 | 2,182 | 2,246 | 2,177 | 2,204 |
| Growth on the year before | — | −2.5% | +2.4% | +3.0% | −3.3% | −17.5% | −6.4% | −23.3% | −14.8% | +30.0% | +7.5% | +1.5% | +9.4% | +10.5% | +4.1% | +3.0% | −3.1% | — |
| Gross profit | — | — | — | — | — | — | — | — | 705 | 1,041 | 1,111 | 1,119 | 1,285 | 1,322 | 1,387 | 1,463 | 1,385 | 1,388 |
| Gross margin | — | — | — | — | — | — | — | — | 57.7% | 65.5% | 65.0% | 64.5% | 67.8% | 63.1% | 63.6% | 65.1% | 63.6% | 63.0% |
Where the revenue comes from
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Products | $916M | 42.1% | ▼ 1.0% |
| Franchise Royalty Revenue and Fees | $603M | 27.7% | ▼ 3.7% |
| Royalty (part of Franchise Royalty Revenue and Fees) | $505M | 83.7% | ▼ 4.5% |
| Franchise (part of Franchise Royalty Revenue and Fees) | $98.2M | 16.3% | ▲ 0.6% |
| Advertising | $422M | 19.4% | ▼ 7.9% |
| Real Estate | $236M | 10.8% | ▼ 0.3% |
| Region | Revenue | Share | YoY |
|---|---|---|---|
| United States | $2B | 90.9% | ▼ 3.8% |
| Outside the US | $199M | 9.1% | ▲ 4.7% |
From Wendy's Co's 10-K filed February 23, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Revenue against peers
| Company | Revenue | Growth | 3-year growth a year |
|---|---|---|---|
| Wendy's Co | $2.20bn | -1.0% | 0.7% |
| Dave & Buster's Entertainment, Inc. | $2.08bn | -1.5% | -1.6% |
| Papa Johns International Inc | $1.97bn | -5.6% | -1.8% |
| Dutch Bros Inc. | $1.88bn | 29.6% | 30.5% |
| Chagee Holdings Ltd. | $1.80bn | 4.2% | — |
| Shake Shack Inc. | $1.55bn | 17.3% | 16.1% |
Compare with peers
- Dave & Buster's Entertainment, Inc. revenue
- Papa Johns International Inc revenue
- Dutch Bros Inc. revenue
- Chagee Holdings Ltd. revenue
- Shake Shack Inc. revenue
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