The Inventing Press

Wendy's Co

Financial highlights

MetricFY 12/28/25FY 12/29/24FY 12/31/23FY 01/01/23FY 01/02/22
Income Statement
Revenue$2.2B$2.2B$2.2B$2.1B$1.9B
Cost of revenue$791.7M$783.2M$794.5M$773.2M$611.7M
Operating income$343.5M$371.4M$382.0M$353.3M$367.0M
Interest expense$126.5M$123.9M$124.1M$122.3M$109.2M
Pretax income$227.2M$272.4M$279.4M$243.5M$240.6M
Income tax expense$62.2M$78.1M$75.0M$66.1M$40.2M
Net income$165.1M$194.4M$204.4M$177.4M$200.4M
Balance Sheet
Cash and equivalents$300.8M$450.5M$516.0M$745.9M$249.4M
Current assets$618.0M$736.1M$837.7M$1.1B$592.8M
Total assets$5.0B$5.0B$5.2B$5.5B$5.1B
Current liabilities$351.1M$397.6M$381.9M$388.0M$426.9M
Total liabilities$4.8B$4.8B$4.9B$5.0B$4.7B
Total debt$2.8B$2.8B$2.8B$2.9B$2.4B
Stockholders' equity$117.4M$259.4M$309.8M$465.7M$436.4M
Cash Flow Statement
Cash from operations$344.5M$355.3M$345.4M$259.9M$345.8M
Depreciation and amortization$152.2M$143.2M$135.8M$133.4M$125.5M
Stock-based compensation$14.6M$23.0M$23.7M$24.5M$22.0M
Capital expenditure$101.9M$94.4M$85.0M$85.5M$78.0M
Free cash flow$242.6M$260.9M$260.4M$174.4M$267.8M
Dividends paid$129.6M$204.4M$209.3M$106.8M$94.8M
Share repurchases$200.8M$77.4M$189.6M$52.0M$268.5M
Impairments$12.1M$9.7M$1.4M$6.4M$2.3M

Shares outstanding 190.5M · Free float 73.8%

Annual filing data through FY ended December 28, 2025; float as of July 8, 2026.