Wingstop Inc.WINGEarnings & Financial Report
Wingstop Inc. is an American international fast food chain that primarily sells buffalo wings. Wingstop locations are decorated with a 1930s and 1940s pre-jet aviation theme.
WING Q1 FY2026 Key Financial Metrics
Revenue
$183.7M
Gross Profit
$159.0M
Operating Profit
$50.4M
Net Profit
$29.9M
Gross Margin
86.5%
Operating Margin
27.4%
Net Margin
16.3%
YoY Growth
7.4%
EPS
$1.08
Wingstop Inc. Q1 FY2026 Financial Summary
Wingstop Inc. reported revenue of $183.7M (up 7.4% YoY) for Q1 FY2026, with a net profit of $29.9M (16.3% margin). Cost of goods sold was $24.7M, operating expenses totaled $108.6M.
Key Financial Metrics
| Total Revenue | $183.7M |
|---|---|
| Net Profit | $29.9M |
| Gross Margin | 86.5% |
| Operating Margin | 27.4% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
Wingstop Inc. Q1 FY2026 revenue of $183.7M breaks down across 3 segments, led by Royalty revenue, franchise fees and other at $87.5M (47.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Royalty revenue, franchise fees and other | $87.5M | 47.6% |
| Advertising fees | $63.3M | 34.4% |
| Company-owned restaurant sales | $33.0M | 18.0% |
Wingstop Inc. Annual Revenue by Year
Wingstop Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $696.9M).
Wingstop Inc. Quarterly Revenue & Net Profit History
Wingstop Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $183.7M | +7.4% | $29.9M | 16.3% |
| Q4 FY2025 | $175.7M | +8.6% | $26.8M | 15.2% |
| Q3 FY2025 | $175.7M | +8.1% | $28.5M | 16.2% |
| Q2 FY2025 | $174.3M | +12.0% | $26.8M | 15.4% |
| Q1 FY2025 | $171.1M | +17.4% | $92.3M | 53.9% |
| Q4 FY2024 | $161.8M | +27.4% | $26.8M | 16.5% |
| Q3 FY2024 | $162.5M | +38.8% | $25.7M | 15.8% |
| Q2 FY2024 | $155.7M | +43.2% | $27.5M | 17.7% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $155.7M | $162.5M | $161.8M | $171.1M | $174.3M | $175.7M | $175.7M | $183.7M |
| YoY Growth | 43.2% | 38.8% | 27.4% | 17.4% | 12.0% | 8.1% | 8.6% | 7.4% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $451.8M | $484.8M | $716.2M | $696.8M | $708.3M | $721.0M | $693.4M | $648.9M |
| Liabilities | $889.4M | $932.2M | $1.39B | $1.41B | $1.39B | $1.42B | $1.43B | $1.45B |
| Equity | $-437.5M | $-447.5M | $-675.6M | $-715.0M | $-686.0M | $-702.6M | $-736.8M | N/A |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $36.2M | $69.0M | $7.7M | $25.3M | $6.6M | $63.9M | $57.3M |