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Side-by-side financial comparison of QUINSTREET, INC (QNST) and Wingstop Inc. (WING). Click either name above to swap in a different company.

QUINSTREET, INC is the larger business by last-quarter revenue ($287.8M vs $183.7M, roughly 1.6× Wingstop Inc.). QUINSTREET, INC runs the higher net margin — 17.4% vs 16.3%, a 1.2% gap on every dollar of revenue. On growth, Wingstop Inc. posted the faster year-over-year revenue change (7.4% vs 1.9%). Over the past eight quarters, QUINSTREET, INC's revenue compounded faster (53.2% CAGR vs 8.6%).

QuinStreet, Inc. is a publicly traded online marketing company based in Foster City, California. The company helps generate web traffic for clients by acquiring popular domain names.

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.

QNST vs WING — Head-to-Head

Bigger by revenue
QNST
QNST
1.6× larger
QNST
$287.8M
$183.7M
WING
Growing faster (revenue YoY)
WING
WING
+5.5% gap
WING
7.4%
1.9%
QNST
Higher net margin
QNST
QNST
1.2% more per $
QNST
17.4%
16.3%
WING
Faster 2-yr revenue CAGR
QNST
QNST
Annualised
QNST
53.2%
8.6%
WING

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
QNST
QNST
WING
WING
Revenue
$287.8M
$183.7M
Net Profit
$50.2M
$29.9M
Gross Margin
9.6%
86.5%
Operating Margin
0.4%
27.4%
Net Margin
17.4%
16.3%
Revenue YoY
1.9%
7.4%
Net Profit YoY
3342.5%
EPS (diluted)
$0.87
$1.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
QNST
QNST
WING
WING
Q1 26
$183.7M
Q4 25
$287.8M
$175.7M
Q3 25
$285.9M
$175.7M
Q2 25
$174.3M
Q1 25
$269.8M
$171.1M
Q4 24
$282.6M
$161.8M
Q3 24
$279.2M
$162.5M
Q2 24
$198.3M
$155.7M
Net Profit
QNST
QNST
WING
WING
Q1 26
$29.9M
Q4 25
$50.2M
$26.8M
Q3 25
$4.5M
$28.5M
Q2 25
$26.8M
Q1 25
$4.4M
$92.3M
Q4 24
$-1.5M
$26.8M
Q3 24
$-1.4M
$25.7M
Q2 24
$-2.2M
$27.5M
Gross Margin
QNST
QNST
WING
WING
Q1 26
86.5%
Q4 25
9.6%
Q3 25
9.4%
Q2 25
Q1 25
10.3%
Q4 24
9.5%
85.6%
Q3 24
10.2%
85.0%
Q2 24
8.8%
85.4%
Operating Margin
QNST
QNST
WING
WING
Q1 26
27.4%
Q4 25
0.4%
26.7%
Q3 25
1.7%
27.9%
Q2 25
25.9%
Q1 25
1.8%
22.4%
Q4 24
-0.5%
25.9%
Q3 24
-0.4%
24.5%
Q2 24
-0.7%
26.5%
Net Margin
QNST
QNST
WING
WING
Q1 26
16.3%
Q4 25
17.4%
15.2%
Q3 25
1.6%
16.2%
Q2 25
15.4%
Q1 25
1.6%
53.9%
Q4 24
-0.5%
16.5%
Q3 24
-0.5%
15.8%
Q2 24
-1.1%
17.7%
EPS (diluted)
QNST
QNST
WING
WING
Q1 26
$1.08
Q4 25
$0.87
$0.99
Q3 25
$0.08
$1.02
Q2 25
$0.96
Q1 25
$0.08
$3.24
Q4 24
$-0.03
$0.91
Q3 24
$-0.02
$0.88
Q2 24
$-0.04
$0.93

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
QNST
QNST
WING
WING
Cash + ST InvestmentsLiquidity on hand
$107.0M
$128.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$294.4M
Total Assets
$493.0M
$648.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
QNST
QNST
WING
WING
Q1 26
$128.8M
Q4 25
$107.0M
$196.6M
Q3 25
$101.3M
$237.6M
Q2 25
$227.9M
Q1 25
$81.8M
$251.4M
Q4 24
$57.8M
$315.9M
Q3 24
$25.0M
$84.0M
Q2 24
$50.5M
$96.7M
Total Debt
QNST
QNST
WING
WING
Q1 26
Q4 25
$1.2B
Q3 25
Q2 25
Q1 25
Q4 24
$1.2B
Q3 24
Q2 24
Stockholders' Equity
QNST
QNST
WING
WING
Q1 26
Q4 25
$294.4M
$-736.8M
Q3 25
$246.7M
$-702.6M
Q2 25
$-686.0M
Q1 25
$235.5M
$-715.0M
Q4 24
$224.3M
$-675.6M
Q3 24
$219.8M
$-447.5M
Q2 24
$216.8M
$-437.5M
Total Assets
QNST
QNST
WING
WING
Q1 26
$648.9M
Q4 25
$493.0M
$693.4M
Q3 25
$442.6M
$721.0M
Q2 25
$708.3M
Q1 25
$417.2M
$696.8M
Q4 24
$409.6M
$716.2M
Q3 24
$401.2M
$484.8M
Q2 24
$368.5M
$451.8M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
QNST
QNST
WING
WING
Operating Cash FlowLast quarter
$21.6M
Free Cash FlowOCF − Capex
$20.7M
FCF MarginFCF / Revenue
7.2%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
0.43×
TTM Free Cash FlowTrailing 4 quarters
$106.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
QNST
QNST
WING
WING
Q1 26
Q4 25
$21.6M
$57.3M
Q3 25
$19.6M
$63.9M
Q2 25
$6.6M
Q1 25
$30.1M
$25.3M
Q4 24
$38.7M
$7.7M
Q3 24
$-13.7M
$69.0M
Q2 24
$16.6M
$36.2M
Free Cash Flow
QNST
QNST
WING
WING
Q1 26
Q4 25
$20.7M
$34.5M
Q3 25
$18.4M
$61.7M
Q2 25
$-7.8M
Q1 25
$29.5M
$17.3M
Q4 24
$38.2M
$-8.6M
Q3 24
$-14.1M
$54.9M
Q2 24
$15.4M
$25.9M
FCF Margin
QNST
QNST
WING
WING
Q1 26
Q4 25
7.2%
19.6%
Q3 25
6.4%
35.1%
Q2 25
-4.5%
Q1 25
10.9%
10.1%
Q4 24
13.5%
-5.3%
Q3 24
-5.1%
33.8%
Q2 24
7.8%
16.6%
Capex Intensity
QNST
QNST
WING
WING
Q1 26
Q4 25
0.3%
13.0%
Q3 25
0.4%
1.3%
Q2 25
8.2%
Q1 25
0.2%
4.7%
Q4 24
0.2%
10.1%
Q3 24
0.2%
8.7%
Q2 24
0.6%
6.6%
Cash Conversion
QNST
QNST
WING
WING
Q1 26
Q4 25
0.43×
2.14×
Q3 25
4.32×
2.24×
Q2 25
0.25×
Q1 25
6.82×
0.27×
Q4 24
0.29×
Q3 24
2.68×
Q2 24
1.32×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

QNST
QNST

Financial Service$216.8M75%
Home Services And Other Revenue$71.0M25%

WING
WING

Royalty revenue, franchise fees and other$87.5M48%
Advertising fees$63.3M34%
Company-owned restaurant sales$33.0M18%

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