Financials · WING

Wingstop Inc. (WING) financials

For the twelve months ended Sep 26, 2026, Wingstop Inc. reported $730.11M of revenue and $117.04M of net income.

Revenue, TTM
$730.11M
Revenue growth, YoY
+6.9%
Net income, TTM
$117.04M
Net income growth, YoY
-32.8%
Net margin
16.0%
Free cash flow, TTM
$116.58M
EPS, diluted, TTM
$4.29
EPS growth, YoY
-30.0%
Cash
$104.79M
Total debt
$1.21B
P/E
40.91
P/S
6.56
Market cap
$4.79B
Annual revenue$696.85M
FY2016FY2025
Annual net income$174.27M
FY2016FY2025
Annual free cash flow$105.62M
FY2016FY2025

WING revenue and earnings growth

WING revenueQ3 2026$185.13M

Quarter YoY
+5.3%
QoQ
-0.2%
FY YoY
+11.4%
5Y CAGR
+22.9%
10Y CAGR
+24.5%

WING revenue was $185.13M in fiscal Q3 2026 (ended Sep 26, 2026), up 5.3% from a year earlier and down 0.2% from the prior quarter. For the full fiscal 2025 it was $696.85M, up 11.4% from fiscal 2024. Compound annual growth was +22.9% over 5 years and +24.5% over 10 years. It rose in each of the last 10 fiscal years. Fiscal 2025 is the highest of the 13 fiscal years on file.

WING net incomeQ3 2026$29.10M

Quarter YoY
+2.2%
QoQ
-7.0%
FY YoY
+60.3%
5Y CAGR
+49.5%
10Y CAGR
+32.9%

WING net income was $29.10M in fiscal Q3 2026 (ended Sep 26, 2026), up 2.2% from a year earlier and down 7.0% from the prior quarter. For the full fiscal 2025 it was $174.27M, up 60.3% from fiscal 2024. Compound annual growth was +49.5% over 5 years and +32.9% over 10 years. It rose in 8 of the last 10 fiscal years. Fiscal 2025 is the highest of the 13 fiscal years on file.

WING EPSQ3 2026$1.07

Quarter YoY
+4.9%
QoQ
-7.0%
FY YoY
+67.8%
5Y CAGR
+51.4%
10Y CAGR
+32.9%

WING diluted EPS was $1.07 in fiscal Q3 2026 (ended Sep 26, 2026), up 4.9% from a year earlier and down 7.0% from the prior quarter. For the full fiscal 2025 it was $6.21, up 67.8% from fiscal 2024. Compound annual growth was +51.4% over 5 years and +32.9% over 10 years.

WING free cash flowQ3 2026$49.74M

Quarter YoY
-19.3%
FY YoY
-0.1%
5Y CAGR
+12.2%
10Y CAGR
+24.4%

WING free cash flow was $49.74M in fiscal Q3 2026 (ended Sep 26, 2026), down 19.3% from a year earlier. For the full fiscal 2025 it was $105.62M, down 0.1% from fiscal 2024. Compound annual growth was +12.2% over 5 years and +24.4% over 10 years. It rose in 7 of the last 10 fiscal years.

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Income statement

Income statement
Line item
Dec 27, 2025
Dec 28, 2024
Dec 30, 2023
Dec 31, 2022
Dec 25, 2021
Dec 26, 2020
Dec 28, 2019
Dec 29, 2018
Dec 30, 2017
Dec 31, 2016
Revenue$696.85M$625.81M$460.06M$357.52M$282.50M$248.81M$199.68M$153.18M$133.32M$103.32M
Cost of revenue-$91.63M$70.65M$63.40M$57.42M$48.58M$41.10M$32.06M$28.75M$25.31M
Gross profit-$534.17M$389.41M$294.13M$225.09M$200.23M$158.57M$121.12M$104.57M$78.02M
Selling, general and admin$128.36M$116.80M$96.90M$67.06M$62.90M$61.08M$50.18M$44.58M$34.90M$34.55M
Operating income$179.29M$165.62M$112.59M$91.93M$73.76M$57.39M$42.90M$38.53M$33.87M$26.61M
Pre-tax income$237.19M$147.19M$94.31M$69.32M$58.91M$26.94M$25.77M$26.93M$28.74M$21.96M
Income tax$62.92M$38.47M$24.14M$16.37M$16.25M$3.64M$5.29M$5.21M$4.80M$8.19M
Net income$174.27M$108.72M$70.17M$52.95M$42.66M$23.31M$20.48M$21.72M$23.94M$13.77M
EPS, basic$6.23$3.72$2.36$1.77$1.43$0.79$0.70$0.74$0.82$0.48
EPS, diluted$6.21$3.70$2.35$1.77$1.42$0.78$0.69$0.73$0.82$0.47
Diluted shares28.1M29.4M29.9M30.0M29.9M29.8M29.7M29.6M29.4M29.0M

Balance sheet

Balance sheet
Line item
Dec 27, 2025
Dec 28, 2024
Dec 30, 2023
Dec 31, 2022
Dec 25, 2021
Dec 26, 2020
Dec 28, 2019
Dec 29, 2018
Dec 30, 2017
Dec 31, 2016
Cash and equivalents$196.57M$359.57M$119.68M$205.72M$54.91M$59.27M$21.18M$20.94M$6.39M$5.69M
Receivables$20.82M$19.66M$12.41M$9.46M$6.99M$4.93M$5.17M$5.76M$4.57M$3.20M
Inventory--$535.0K$389.0K$484.0K$396.0K$315.0K$299.0K$216.0K$226.0K
Current assets$267.49M$395.62M$144.34M$226.67M$70.15M$72.62M$30.19M$29.91M$15.91M$11.12M
Goodwill$83.88M$74.72M$67.71M$62.51M$56.88M$53.69M$50.19M$49.66M$46.56M$45.13M
Total assets$693.41M$716.25M$377.82M$424.19M$249.20M$211.56M$166.11M$139.75M$119.84M$111.80M
Current liabilities$81.97M$87.44M$71.00M$62.41M$39.68M$50.47M$32.93M$26.48M$19.13M$16.73M
Short-term debt$0$0$0$7.30M$0$3.60M$3.20M$2.40M$3.50M$3.50M
Long-term debt$1.21B$1.21B$712.33M$706.85M$469.39M$466.93M$307.67M$309.37M$129.84M$147.22M
Total debt$1.21B$1.21B$712.33M$714.15M$469.39M$470.53M$310.87M$311.77M$133.34M$150.72M
Total liabilities$1.43B$1.39B$835.19M$815.05M$558.73M$552.88M$375.54M$364.58M$178.25M$186.43M
Shareholders' equity-$736.76M-$675.59M-$457.37M-$390.86M-$309.52M-$341.31M-$209.43M-$224.83M-$58.42M-$81.43M

Cash flow

Cash flow
Line item
Dec 27, 2025
Dec 28, 2024
Dec 30, 2023
Dec 31, 2022
Dec 25, 2021
Dec 26, 2020
Dec 28, 2019
Dec 29, 2018
Dec 30, 2017
Dec 31, 2016
Operating cash flow$153.06M$157.61M$121.60M$76.24M$48.88M$65.53M$38.58M$38.77M$27.43M$21.88M
Capital expenditures$47.44M$51.93M$40.83M$23.94M$28.02M$6.05M$22.49M$3.98M$2.54M$2.06M
Free cash flow$105.62M$105.68M$80.77M$52.30M$20.86M$59.48M$16.10M$34.79M$24.90M$19.82M
Investing cash flow-$17.46M-$62.48M-$52.15M-$28.68M-$29.85M-$7.99M-$23.73M-$10.50M-$6.48M-$2.06M
Financing cash flow-$266.73M$144.76M-$155.49M$103.25M-$23.39M-$19.45M-$14.62M-$13.72M-$20.25M-$28.21M
Dividends paid$32.38M$28.87M$24.91M$141.28M$19.82M$163.79M$11.74M$190.74M$4.07M$83.27M
Share repurchases$221.86M$314.66M$125.40M$0$0-----
Stock-based compensation$24.88M$22.06M$15.56M$4.20M$9.63M$8.56M$6.97M$3.73M$1.85M$1.23M
Depreciation and amortization$25.07M$19.49M$13.24M$10.90M$7.94M$7.52M$5.48M$4.31M$3.38M$3.01M

Key ratios

Key ratios
Line item
Dec 27, 2025
Dec 28, 2024
Dec 30, 2023
Dec 31, 2022
Dec 25, 2021
Dec 26, 2020
Dec 28, 2019
Dec 29, 2018
Dec 30, 2017
Dec 31, 2016
Revenue growth, YoY11.4%36.0%28.7%26.6%13.5%24.6%30.4%14.9%29.0%32.5%
Net income growth, YoY60.3%54.9%32.5%24.1%83.0%13.8%-5.7%-9.3%73.9%36.2%
EPS growth, YoY67.8%57.4%32.8%24.6%82.1%13.0%-5.5%-11.0%74.5%30.6%
Gross margin-85.4%84.6%82.3%79.7%80.5%79.4%79.1%78.4%75.5%
Operating margin25.7%26.5%24.5%25.7%26.1%23.1%21.5%25.2%25.4%25.8%
Net margin25.0%17.4%15.3%14.8%15.1%9.4%10.3%14.2%18.0%13.3%
Free cash flow margin15.2%16.9%17.6%14.6%7.4%23.9%8.1%22.7%18.7%19.2%
Return on assets25.1%15.2%18.6%12.5%17.1%11.0%12.3%15.5%20.0%12.3%
Current ratio3.264.522.033.631.771.440.921.130.830.66

Source: XBRL data Wingstop Inc. files with the SEC, latest filing dated Oct 28, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

WING peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
WING$730.11M+6.9%$117.04M16.0%$4.79B
MCD$27.78B+5.8%$8.99B32.4%$199.16B
SBUX$38.34B+4.5%$1.98B5.2%$124.76B
CMG$12.71B+7.9%$1.38B10.8%$45.22B
YUM$8.80B+9.1%$3.44B39.1%$43.90B
QSR$9.78B+5.5%$1.76B18.1%$34.98B
DRI$13.37B+8.1%$1.18B8.8%$26.00B
YUMC$12.71B+9.9%$1.00B7.9%$16.82B
ARMK$19.85B+11.0%$382.91M1.9%$14.43B

WING FAQ

8 questions
  • What is WING revenue?
    Wingstop Inc. (WING) reported $730.11M of revenue for the twelve months ended Sep 26, 2026. That is up 6.9% from the year before. Revenue for fiscal 2025 was $696.85M.
  • Is WING profitable?
    Yes. Wingstop Inc. earned $117.04M in net income for the twelve months ended Sep 26, 2026, a net margin of 16.0%.
  • How much cash and debt does WING have?
    Wingstop Inc. reported $104.79M in cash and cash equivalents and $1.21B of debt on its most recent balance sheet in SEC filings.
  • How fast is WING revenue growing?
    Wingstop Inc.'s revenue changed +11.4% in fiscal 2025, to $696.85M. Its compound annual growth rate was +22.9% over 5 years and +24.5% over 10 years.
  • What is WING free cash flow?
    Wingstop Inc. generated $116.58M of free cash flow for the twelve months ended Sep 26, 2026, which is operating cash flow of $186.95M less capital expenditures.
  • What is WING earnings per share?
    Diluted earnings per share were $4.29 for the twelve months ended Sep 26, 2026, from SEC filings, restated for any stock split those filings show.
  • When did WING last report financial results?
    The latest statements here come from Wingstop Inc.'s 10-Q filed on Oct 28, 2026, covering the period ended Sep 26, 2026.
  • Where does this WING financial data come from?
    Quantisnow builds these statements from the structured XBRL data Wingstop Inc. files with the SEC. It is provided for information only and is not investment advice.