Wendy's annual operating expenses
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Wendy's Operating Expenses Growth & History (WEN)
Wendy's's operating expenses was $1.83B for fiscal 2025.
View full Wendy's company overviewWendy's annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-28 | $1.83B | −$41.7M | −2.22% |
| 2024 | 2024-12-29 | $1.88B | $75.5M | +4.20% |
| 2023 | 2023-12-31 | $1.80B | $57.4M | +3.29% |
| 2022 | 2023-01-01 | $1.74B | $212.2M | +13.87% |
| 2021 | 2022-01-02 | $1.53B | $65.5M | +4.47% |
| 2020 | 2021-01-03 | $1.46B | $18.1M | +1.25% |
| 2019 | 2019-12-29 | $1.45B | $106.4M | +7.94% |
| 2018 | 2018-12-30 | $1.34B | $331.4M | +32.86% |
| 2017 | 2017-12-31 | $1.01B | −$112.0M | −9.99% |
| 2016 | 2017-01-01 | $1.12B | −$475.2M | −29.78% |
| 2015 | 2016-01-03 | $1.60B | −$160.1M | −9.12% |
| 2014 | 2014-12-28 | $1.76B | −$528.4M | −23.13% |
| 2013 | 2013-12-29 | $2.28B | −$98.2M | −4.12% |
| 2012 | 2012-12-30 | $2.38B | $88.3M | +3.85% |
| 2011 | 2012-01-01 | $2.29B | $69.2M | +3.11% |
| 2010 | 2011-01-02 | $2.22B | −$114.5M | −4.89% |
| 2009 | 2010-01-03 | $2.34B | $103.0M | +4.61% |
| 2008 | 2008-12-28 | $2.24B | — | — |
Wendy's quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-28 | $491.3M | $34.6M | +7.58% |
| Q1 2026 | 2026-03-29 | $475.7M | $35.4M | +8.03% |
| Q4 2025 | 2025-12-28 | $479.0M | $705,000 | +0.15% |
| Q3 2025 | 2025-09-28 | $457.5M | −$14.6M | −3.09% |
| Q2 2025 | 2025-06-29 | $456.7M | −$14.6M | −3.09% |
| Q1 2025 | 2025-03-30 | $440.3M | −$13.3M | −2.92% |
| Q4 2024 | 2024-12-29 | $478.3M | $24.2M | +5.34% |
| Q3 2024 | 2024-09-29 | $472.1M | $23.1M | +5.15% |
| Q2 2024 | 2024-06-30 | $471.2M | $18.9M | +4.19% |
| Q1 2024 | 2024-03-31 | $453.6M | $9.3M | +2.09% |
| Q4 2023 | 2023-12-31 | $454.0M | $1.5M | +0.34% |
| Q3 2023 | 2023-10-01 | $449.0M | $14.5M | +3.34% |
| Q2 2023 | 2023-07-02 | $452.3M | $10.8M | +2.44% |
| Q1 2023 | 2023-04-02 | $444.3M | $30.6M | +7.39% |
| Q4 2022 | 2023-01-01 | $452.5M | $56.2M | +14.18% |
| Q3 2022 | 2022-10-02 | $434.4M | $44.4M | +11.38% |
| Q2 2022 | 2022-07-03 | $441.5M | $74.9M | +20.43% |
| Q1 2022 | 2022-04-03 | $413.8M | $36.7M | +9.73% |
| Q4 2021 | 2022-01-02 | $396.3M | $165.3M | +71.55% |
| Q3 2021 | 2021-10-03 | $390.1M | $19.2M | +5.17% |
| Q2 2021 | 2021-07-04 | $366.6M | $24.9M | +7.30% |
| Q1 2021 | 2021-04-04 | $377.1M | $20.9M | +5.85% |
| Q4 2020 | 2021-01-03 | $231.0M | −$8.0M | −3.36% |
| Q3 2020 | 2020-09-27 | $370.9M | $12.0M | +3.35% |
| Q2 2020 | 2020-06-28 | $341.6M | −$13.1M | −3.70% |
| Q1 2020 | 2020-03-29 | $356.2M | $13.9M | +4.06% |
| Q4 2019 | 2019-12-29 | $239.0M | $25.9M | +12.14% |
| Q3 2019 | 2019-09-29 | $358.9M | $35.7M | +11.03% |
| Q2 2019 | 2019-06-30 | $354.8M | $15.3M | +4.49% |
| Q1 2019 | 2019-03-31 | $342.3M | $17.0M | +5.23% |
| Q4 2018 | 2018-12-30 | $213.2M | $99.7M | +87.83% |
| Q3 2018 | 2018-09-30 | $323.2M | $76.9M | +31.20% |
| Q2 2018 | 2018-07-01 | $339.5M | $45.0M | +15.27% |
| Q1 2018 | 2018-04-01 | $325.3M | $100.2M | +44.52% |
| Q4 2017 | 2017-12-31 | $113.5M | $23.7M | +26.34% |
| Q3 2017 | 2017-10-01 | $246.3M | −$11.6M | −4.49% |
| Q2 2017 | 2017-07-02 | $294.5M | −$22.5M | −7.10% |
| Q1 2017 | 2017-04-02 | $225.1M | −$89.9M | −28.53% |
| Q4 2016 | 2017-01-01 | $89.8M | $14.1M | +18.60% |
| Q3 2016 | 2016-10-02 | $257.9M | −$150.8M | −36.89% |
| Q2 2016 | 2016-07-03 | $317.1M | −$108.2M | −25.43% |
| Q1 2016 | 2016-04-03 | $315.0M | −$98.9M | −23.90% |
| Q4 2015 | 2016-01-03 | $75.7M | −$37.7M | −33.25% |
| Q3 2015 | 2015-09-27 | $408.7M | −$43.7M | −9.67% |
| Q2 2015 | 2015-06-28 | $425.2M | −$19.7M | −4.42% |
| Q1 2015 | 2015-03-29 | $413.9M | $356.0M | +615.88% |
| Q4 2014 | 2014-12-28 | $113.5M | −$13.6M | −10.72% |
| Q3 2014 | 2014-09-28 | $452.4M | −$161.5M | −26.31% |
| Q2 2014 | 2014-06-29 | $444.9M | −$148.6M | −25.04% |
| Q1 2014 | 2014-03-30 | $57.8M | −$523.4M | −90.05% |
| Q4 2013 | 2013-12-29 | $127.1M | −$6.3M | −4.69% |
| Q3 2013 | 2013-09-29 | $614.0M | $8.8M | +1.46% |
| Q2 2013 | 2013-06-30 | $593.6M | −$13.9M | −2.29% |
| Q1 2013 | 2013-03-31 | $581.2M | $8.9M | +1.56% |
| Q4 2012 | 2012-12-30 | $133.3M | $2.0M | +1.56% |
| Q3 2012 | 2012-09-30 | $605.1M | $26.1M | +4.51% |
| Q2 2012 | 2012-07-01 | $607.5M | $32.5M | +5.64% |
| Q1 2012 | 2012-04-01 | $572.3M | $17.8M | +3.21% |
| Q4 2011 | 2012-01-01 | $131.3M | $14.2M | +12.17% |
| Q3 2011 | 2011-10-02 | $579.0M | $449.9M | +348.51% |
| Q2 2011 | 2011-07-03 | $575.0M | $468.9M | +441.59% |
| Q1 2011 | 2011-04-03 | $554.4M | −$256.7M | −31.64% |
| Q4 2010 | 2011-01-02 | $117.1M | — | — |
| Q3 2010 | 2010-10-03 | $129.1M | −$717.3M | −84.75% |
| Q2 2010 | 2010-07-04 | $106.2M | −$176.6M | −62.45% |
| Q1 2010 | 2010-04-04 | $811.1M | — | — |
| Q3 2009 | 2009-09-27 | $846.4M | — | — |
| Q2 2009 | 2009-06-28 | $282.7M | — | — |
Wendy's operating expenses trends
Over the last five fiscal years, Wendy's's operating expenses increased from $1.46B to $1.83B, a change of $368.9M. The latest reported quarter, Q2 2026, shows $491.3M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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