The Wendy's Company (WEN) — Financial statements
Income statement, balance sheet, and cash flow for The Wendy's Company — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2023 | 2022 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,177↓3.1% | 2,246↑3.0% | 2,182↑4.1% | 2,096↑10.5% | 1,897 | |
| Cost of Revenue | 1,592↑9.3% | 1,456↑3.7% | 1,405↑2.2% | 1,375↑1.1% | 1,360 | |
| Gross Profit | 585↓26.0% | 790↑1.7% | 776↑7.7% | 721↑34.3% | 537 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 253↓1.0% | 255↑2.1% | 250↓2.0% | 255↑213.2% | 81 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 253↓1.0% | 255↑2.1% | 250↓2.0% | 255↑213.2% | 81 | |
| Other Expenses | 0.00↓100.0% | 163↑13.1% | 145↑28.5% | 112↑27.4% | 88 | |
| Operating Expenses | 253↓39.6% | 419↑6.1% | 394↑7.4% | 367↑116.5% | 170 | |
| Total Costs & Expenses | 1,845↓1.6% | 1,875↑4.2% | 1,800↑3.3% | 1,742↑13.9% | 1,530 | |
| Operating Results | ||||||
| Operating Income | 332↓10.5% | 371↓2.8% | 382↑8.1% | 353↓3.7% | 367 | |
| Depreciation & Amortization | 171↑8.2% | 158↑6.3% | 149↑9.4% | 136↑8.2% | 126 | |
| EBITDA | 525↓5.3% | 554↑0.4% | 552↑10.0% | 502↑5.5% | 475 | |
| EBIT | 354↓10.7% | 396↓1.8% | 403↑10.3% | 366↑4.6% | 350 | |
| Interest & Other Income | ||||||
| Net Interest Income | -125↓0.7% | -124↑0.1% | -124↓1.4% | -122↓12.0% | -109 | |
| Interest Income | 2 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 126↑2.1% | 124↓0.1% | 124↑1.4% | 122↑12.0% | 109 | |
| Non-Operating Income | -21↑14.2% | -25↓16.0% | -21↓71.8% | -13↓172.7% | 17 | |
| Other Income / Expenses | -105↓6.2% | -99↑3.5% | -103↑6.6% | -110↑13.1% | -126 | |
| Income Before Tax | 227↓16.6% | 272↓2.5% | 279↑14.7% | 244↑1.2% | 241 | |
| Income Tax Expense | 62↓20.4% | 78↑4.1% | 75↑13.4% | 66↑64.6% | 40 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 165↓15.1% | 194↓4.9% | 204↑15.3% | 177↓11.5% | 200 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 165↓15.1% | 194↓4.9% | 204↑15.3% | 177↓11.5% | 200 | |
| Bottom-Line Net Income | 165↓15.1% | 194↓4.9% | 204↑15.3% | 177↓11.5% | 200 | |
| EPS (Basic) | 0.85↓10.5% | 0.95↓3.1% | 0.98↑18.1% | 0.83↓8.8% | 0.91 | |
| EPS (Diluted) | 0.85↓10.5% | 0.95↓2.1% | 0.97↑18.3% | 0.82↓7.9% | 0.89 | |
| Weighted Average Shares | 194↓5.0% | 204↓2.5% | 209↓2.0% | 214↓3.4% | 221 | |
| Weighted Average Diluted Shares | 194↓5.6% | 206↓2.8% | 212↓2.0% | 216↓3.8% | 224 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.