WEN · XBRL financial data

Wendy's financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (WEN's year ends in late December)

In millions of dollars	FY 2020Jan 3, 2021	FY 2021Jan 2, 2022	FY 2022Jan 1, 2023	FY 2023Dec 31, 2023	FY 2024Dec 29, 2024	FY 2025Dec 28, 2025
Revenue	1,734	1,897	2,096	2,182	2,246	2,177
Cost of goods and services sold	615	612	773	794	783	792
General and administrative	207	243	255	250	255	253
Other operating income (expense)	8	14	24	14	12	22
Operating income (loss)	269	367	353	382	371	343
Interest expense	118	109	122	124	124	126
Other income (expense)	1	1	10	30	25	13
Income tax expense (benefit)	35	40	66	75	78	62
Net income (loss)	118	200	177	204	194	165
Earnings per share, basic USD per share	0.53	0.91	0.83	0.98	0.95	0.85
Earnings per share, diluted USD per share	0.52	0.89	0.82	0.97	0.95	0.85
Weighted average shares, basic millions of shares	224	221	214	209	204	193
Weighted average shares, diluted millions of shares	228	224	216	212	206	194

Fiscal years (WEN's year ends in late December)

In millions of dollars	FY 2020Jan 3, 2021	FY 2021Jan 2, 2022	FY 2022Jan 1, 2023	FY 2023Dec 31, 2023	FY 2024Dec 29, 2024	FY 2025Dec 28, 2025
Cash and cash equivalents	307	249	746	516	451	301
Accounts receivable	94	102	99	105	87	105
Inventory	5	6	7	7	7	7
Prepaid and other current assets	90	31	27	40	46	55
Total current assets	688	593	1,058	838	736	618
Property and equipment, net	916	907	896	891	908	938
Right-of-use asset	821	813	754	706	680	643
Goodwill	751	775	773	774	771	774
Total assets	5,040	5,101	5,499	5,183	5,035	4,957
Accounts payable	31	41	44	27	28	30
Accrued liabilities	155	141	116	135	118	117
Current portion of long-term debt	29	24	29	29	78	30
Total current liabilities	413	427	388	382	398	351
Long-term debt	2,218	2,356	2,822	2,733	2,662	2,731
Lease liability, non-current	865	853	792	739	704	660
Total liabilities	4,490	4,665	5,034	4,873	4,775	4,839
Retained earnings	239	344	415	410	400	435
Total stockholders' equity	550	436	466	310	259	117
Total liabilities and equity	5,040	5,101	5,499	5,183	5,035	4,957
Common shares outstanding (cover page) millions of shares	224	215	213	205	200	190

Fiscal years (WEN's year ends in late December)

In millions of dollars	FY 2020Jan 3, 2021	FY 2021Jan 2, 2022	FY 2022Jan 1, 2023	FY 2023Dec 31, 2023	FY 2024Dec 29, 2024	FY 2025Dec 28, 2025
Net income (loss)	118	200	177	204	194	165
Stock-based compensation	19	22	25	24	23	15
Depreciation and amortization	133	126	133	136	143	152
Net cash from operating activities	284	346	260	345	355	345
Net cash from investing activities	(68)	(155)	(78)	(87)	(129)	(151)
Share repurchases	62	269	52	190	77	201
Dividends paid	65	95	107	209	204	130
Proceeds from long-term debt	153	1,100	500	0	0	476
Repayments of long-term debt	191	970	27	95	29	454
Net cash from financing activities	(158)	(243)	289	(504)	(303)	(344)
Net change in cash	60	(51)	465	(243)	(85)	(146)

SIC 5810 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 5810 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Wendy's	341	571	101*	190.7M	—	Q2 FY26 10-QJun 28, 2026
Papa Johns International	28	482	29*	32.9M	—	Q2 FY26 10-QJun 28, 2026
Sweetgreen	143	193	(0.4)*	not reported	322.7 quarters	Q2 FY26 10-QJun 28, 2026
Cheesecake Factory	249	1,033	125*	49.9M	—	Q3 FY26 10-QSep 29, 2026
Cannae Holdings	70	102	(5.2)*	43.4M	13.5 quarters	Q2 FY26 10-QJun 30, 2026
BJs RESTAURANTS	14	389	31*	21.3M	—	Q2 FY26 10-QJun 30, 2026
Dave & Buster's Entertainment	16	544	47*	34.8M	—	Q2 FY26 10-QAug 4, 2026
Jack in the Box	46	258	not reported	19.2M	—	Q3 FY26 10-QJul 5, 2026
Portillo's	21	199	18*	not reported	—	Q2 FY26 10-QJun 28, 2026

Not investment advice. Not affiliated with the U.S. SEC.