The Wendy's Company (WEN)
NASDAQ: WEN · Real-Time Price · USD
7.23
-0.19 (-2.56%)
Mar 9, 2026, 2:26 PM EDT - Market open

The Wendy's Company Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2016
Period Ending
Dec '25 Dec '24 Dec '23 Jan '23 Jan '22 2021 - 2017
Revenue
2,1772,2462,1822,0961,897
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Revenue Growth (YoY)
-3.10%2.98%4.11%10.46%9.41%
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Cost of Revenue
1,4211,4561,4051,3751,199
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Gross Profit
755.87790.01776.47720.76698.26
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Selling, General & Admin
252.68255.21249.96254.98242.97
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Amortization of Goodwill & Intangibles
18.6514.712.782.39-
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Other Operating Expenses
-6.860.09-2.95-5.66-3.27
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Operating Expenses
416.69413.24395.58385.13365.25
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Operating Income
339.18376.77380.89335.63333.01
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Interest Expense
-153.98-153.07-155.47-153.62-139.83
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Interest & Investment Income
27.5129.231.4133.4130.69
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Earnings From Equity Investments
11.2211.6110.829.4211.2
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Other Non Operating Income (Expenses)
12.6224.9229.5710.40.68
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EBT Excluding Unusual Items
236.55289.44297.21235.24235.75
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Merger & Restructuring Charges
0.13-8.53-9.2-0.7-8.55
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Gain (Loss) on Sale of Investments
-1.72--10.36--
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Gain (Loss) on Sale of Assets
1.031.220.886.7833.55
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Asset Writedown
-12.1-9.71-1.4-6.42-2.25
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Other Unusual Items
3.36-2.28--17.92
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Pretax Income
227.25272.41279.42243.51240.58
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Income Tax Expense
62.1778.0674.9866.1440.19
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Earnings From Continuing Operations
165.08194.36204.44177.37200.39
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Net Income
165.08194.36204.44177.37200.39
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Net Income to Common
165.08194.36204.44177.37200.39
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Net Income Growth
-15.07%-4.93%15.26%-11.49%70.07%
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Shares Outstanding (Basic)
193204209214221
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Shares Outstanding (Diluted)
194206212216224
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Shares Change (YoY)
-5.63%-2.80%-1.99%-3.82%-1.58%
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EPS (Basic)
0.850.950.980.830.91
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EPS (Diluted)
0.850.950.970.820.89
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EPS Growth
-10.53%-2.06%18.29%-7.87%71.15%
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Free Cash Flow
242.62260.92260.4174.36267.79
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Free Cash Flow Per Share
1.251.271.230.811.19
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Dividend Per Share
0.6701.0001.0000.5000.430
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Dividend Growth
-33.00%-100.00%16.28%48.28%
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Gross Margin
34.72%35.17%35.59%34.39%36.81%
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Operating Margin
15.58%16.77%17.46%16.02%17.55%
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Profit Margin
7.58%8.65%9.37%8.46%10.56%
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Free Cash Flow Margin
11.14%11.62%11.94%8.32%14.12%
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EBITDA
491.4520.01516.68469.05458.55
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EBITDA Margin
22.57%23.15%23.68%22.38%24.17%
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D&A For EBITDA
152.22143.23135.79133.41125.54
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EBIT
339.18376.77380.89335.63333.01
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EBIT Margin
15.58%16.77%17.46%16.02%17.55%
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Effective Tax Rate
27.36%28.65%26.83%27.16%16.70%
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Revenue as Reported
2,1772,2462,1822,0961,897
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Advertising Expenses
40.3339.0538.8437.4231.62
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Source: S&P Capital IQ. Standard template. Financial Sources.