FY2025 · ended Dec 28, 2025 · Revenue $2.18B, -3.1% YoY · Filed Feb 23, 2026
Wendy's Co (WEN) files with the SEC under industry code 5810, Retail-Eating & Drinking Places. In fiscal 2025, which ended Dec 28, 2025, it reported revenue of $2.2 billion and net income of $165.1 million. Free cash flow was $242.6 million. As of Jun 28, 2026 it held $364.2 million in cash and investments and $4.1 billion in total debt.
Revenue (TTM)
$2.20B
-1.0% vs year-ago TTM
Net income (TTM)
$126.06M
-34.4% vs year-ago TTM
Operating cash flow (TTM)
$358.49M
+0.7% vs year-ago TTM
Free cash flow (TTM)
$264.18M
+2.8% vs year-ago TTM
EPS (TTM)
$0.66
-31.0% vs year-ago TTM
Dividend per share
$0.67
-33.0% vs prior year
Shares outstanding
190.36M
-5.1% vs prior year
Net cash
$-3.71B
as of Jun 28, 2026
Operating margin
13.6%
FY 2026
Company profile
- Industry
- Retail-Eating & Drinking Places (SIC 5810)
- Listed as
- WEN (Nasdaq)
- Fiscal year ends
- January 3
- Incorporated in
- DE
- Headquarters
- Dublin, OH
- SEC filer status
- Large accelerated filer
- SEC CIK
- 30697
- Former names
- WENDY'S/ARBY'S GROUP, INC. (until Jun 27, 2011); TRIARC COMPANIES INC (until Sep 25, 2008)
Other Retail-Eating & Drinking Places companies
- Starbucks Corp SBUX
- Luckin Coffee Inc. LKNCY
- Dutch Bros Inc. BROS
- Shake Shack Inc. SHAK
- Chagee Holdings Ltd. CHA
- Cannae Holdings, Inc. CNNE
- Black Rock Coffee Bar, Inc. BRCB
- Eyeonix AIQ, Inc. EAIQ
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 28, 2025 |
FY 2024 Dec 29, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Jan 1, 2023 |
FY 2021 Jan 2, 2022 |
|---|---|---|---|---|---|
| Revenue | $2.2B | $2.2B | $2.2B | $2.1B | $1.9B |
| Operating income | $343.5M | $371.4M | $382.0M | $353.3M | $367.0M |
| Net income | $165.1M | $194.4M | $204.4M | $177.4M | $200.4M |
| Diluted EPS | $0.85 | $0.95 | $0.97 | $0.82 | $0.89 |
| Operating cash flow | $344.5M | $355.3M | $345.4M | $259.9M | $345.8M |
| Free cash flow | $242.6M | $260.9M | $260.4M | $174.4M | $267.8M |
| Total assets | $5.0B | $5.0B | $5.2B | $5.5B | $5.1B |
| Total liabilities | $4.8B | $4.8B | $4.9B | $5.0B | $4.7B |
| Stockholders' equity | $117.4M | $259.4M | $309.8M | $465.7M | $436.4M |
| Cash and investments | $326.1M | $479.5M | $550.5M | $791.9M | $299.3M |
| Total debt | $4.1B | $4.1B | $4.1B | $4.3B | $3.9B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Officer or director change
|
Aug 17, 2026 | Aug 14, 2026 |
| 10-Q | Quarterly report | Aug 7, 2026 | Jun 28, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 7, 2026 | Aug 7, 2026 |
| 8-K |
Current report
Officer or director change
|
Jul 28, 2026 | Jul 22, 2026 |
| 8-K |
Current report
Officer or director change, Regulation FD disclosure
|
Jun 23, 2026 | Jun 19, 2026 |
| 8-K |
Current report
Officer or director change
|
Jun 9, 2026 | Jun 4, 2026 |
All 1000 Wendy's Co SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.