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Side-by-side financial comparison of TripAdvisor, Inc. (TRIP) and Wendy's Co (WEN). Click either name above to swap in a different company.
Wendy's Co is the larger business by last-quarter revenue ($543.0M vs $411.0M, roughly 1.3× TripAdvisor, Inc.). Wendy's Co runs the higher net margin — 4.9% vs -9.2%, a 14.1% gap on every dollar of revenue. On growth, TripAdvisor, Inc. posted the faster year-over-year revenue change (0.0% vs -5.5%). Wendy's Co produced more free cash flow last quarter ($31.4M vs $-122.0M). Over the past eight quarters, TripAdvisor, Inc.'s revenue compounded faster (2.0% CAGR vs 0.8%).
Tripadvisor is an American company that operates online travel agencies, comparison shopping websites, and mobile apps with user-generated content.
The Wendy's Company is an American fast food corporation and the holding company for Wendy's and First Kitchen. Originally founded as the Deisel-Wemmer Company, it is headquartered in Dublin, Ohio. The company's principal subsidiary, Wendy's International, is the franchisor of Wendy's restaurants.
TRIP vs WEN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $411.0M | $543.0M |
| Net Profit | $-38.0M | $26.5M |
| Gross Margin | 91.5% | 62.7% |
| Operating Margin | -8.3% | 11.8% |
| Net Margin | -9.2% | 4.9% |
| Revenue YoY | 0.0% | -5.5% |
| Net Profit YoY | -3900.0% | -44.2% |
| EPS (diluted) | $-0.32 | $0.14 |
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.
| Q4 25 | $411.0M | $543.0M | ||
| Q3 25 | $553.0M | $549.5M | ||
| Q2 25 | $529.0M | $560.9M | ||
| Q1 25 | $398.0M | $523.5M | ||
| Q4 24 | $411.0M | $574.3M | ||
| Q3 24 | $532.0M | $566.7M | ||
| Q2 24 | $497.0M | $570.7M | ||
| Q1 24 | $395.0M | $534.8M |
| Q4 25 | $-38.0M | $26.5M | ||
| Q3 25 | $53.0M | $44.3M | ||
| Q2 25 | $36.0M | $55.1M | ||
| Q1 25 | $-11.0M | $39.2M | ||
| Q4 24 | $1.0M | $47.5M | ||
| Q3 24 | $39.0M | $50.2M | ||
| Q2 24 | $24.0M | $54.6M | ||
| Q1 24 | $-59.0M | $42.0M |
| Q4 25 | 91.5% | 62.7% | ||
| Q3 25 | 92.6% | 62.8% | ||
| Q2 25 | 92.1% | 65.0% | ||
| Q1 25 | 93.2% | 64.1% | ||
| Q4 24 | 93.4% | 65.9% | ||
| Q3 24 | 92.5% | 65.5% | ||
| Q2 24 | 92.8% | 65.0% | ||
| Q1 24 | 93.7% | 64.1% |
| Q4 25 | -8.3% | 11.8% | ||
| Q3 25 | 12.7% | 16.8% | ||
| Q2 25 | 11.2% | 18.6% | ||
| Q1 25 | -3.8% | 15.9% | ||
| Q4 24 | 0.2% | 16.7% | ||
| Q3 24 | 13.2% | 16.7% | ||
| Q2 24 | 7.2% | 17.4% | ||
| Q1 24 | -3.8% | 15.2% |
| Q4 25 | -9.2% | 4.9% | ||
| Q3 25 | 9.6% | 8.1% | ||
| Q2 25 | 6.8% | 9.8% | ||
| Q1 25 | -2.8% | 7.5% | ||
| Q4 24 | 0.2% | 8.3% | ||
| Q3 24 | 7.3% | 8.9% | ||
| Q2 24 | 4.8% | 9.6% | ||
| Q1 24 | -14.9% | 7.9% |
| Q4 25 | $-0.32 | $0.14 | ||
| Q3 25 | $0.43 | $0.23 | ||
| Q2 25 | $0.28 | $0.29 | ||
| Q1 25 | $-0.08 | $0.19 | ||
| Q4 24 | $0.03 | $0.23 | ||
| Q3 24 | $0.27 | $0.25 | ||
| Q2 24 | $0.17 | $0.27 | ||
| Q1 24 | $-0.43 | $0.20 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.0B | $300.8M |
| Total DebtLower is stronger | $819.0M | $2.8B |
| Stockholders' EquityBook value | $645.0M | $117.4M |
| Total Assets | $2.6B | $5.0B |
| Debt / EquityLower = less leverage | 1.27× | 23.51× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.0B | $300.8M | ||
| Q3 25 | $1.2B | $291.4M | ||
| Q2 25 | $1.2B | $281.2M | ||
| Q1 25 | $1.2B | $335.3M | ||
| Q4 24 | $1.1B | $450.5M | ||
| Q3 24 | $1.1B | $482.2M | ||
| Q2 24 | $1.2B | $465.5M | ||
| Q1 24 | $1.2B | $498.3M |
| Q4 25 | $819.0M | $2.8B | ||
| Q3 25 | $821.0M | $2.7B | ||
| Q2 25 | $822.0M | $2.7B | ||
| Q1 25 | $1.2B | $2.7B | ||
| Q4 24 | $831.0M | $2.7B | ||
| Q3 24 | $832.0M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $645.0M | $117.4M | ||
| Q3 25 | $707.0M | $109.2M | ||
| Q2 25 | $627.0M | $112.9M | ||
| Q1 25 | $643.0M | $130.2M | ||
| Q4 24 | $943.0M | $259.4M | ||
| Q3 24 | $944.0M | $259.9M | ||
| Q2 24 | $857.0M | $273.8M | ||
| Q1 24 | $825.0M | $293.7M |
| Q4 25 | $2.6B | $5.0B | ||
| Q3 25 | $2.8B | $5.0B | ||
| Q2 25 | $2.9B | $4.9B | ||
| Q1 25 | $2.8B | $4.9B | ||
| Q4 24 | $2.6B | $5.0B | ||
| Q3 24 | $2.7B | $5.1B | ||
| Q2 24 | $2.8B | $5.1B | ||
| Q1 24 | $2.7B | $5.2B |
| Q4 25 | 1.27× | 23.51× | ||
| Q3 25 | 1.16× | 24.95× | ||
| Q2 25 | 1.31× | 24.18× | ||
| Q1 25 | 1.81× | 21.00× | ||
| Q4 24 | 0.88× | 10.57× | ||
| Q3 24 | 0.88× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-103.0M | $69.3M |
| Free Cash FlowOCF − Capex | $-122.0M | $31.4M |
| FCF MarginFCF / Revenue | -29.7% | 5.8% |
| Capex IntensityCapex / Revenue | 4.6% | 7.0% |
| Cash ConversionOCF / Net Profit | — | 2.62× |
| TTM Free Cash FlowTrailing 4 quarters | $163.0M | $242.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-103.0M | $69.3M | ||
| Q3 25 | $44.0M | $129.3M | ||
| Q2 25 | $202.0M | $60.6M | ||
| Q1 25 | $102.0M | $85.4M | ||
| Q4 24 | $-3.0M | $68.6M | ||
| Q3 24 | $-43.0M | $141.2M | ||
| Q2 24 | $51.0M | $45.5M | ||
| Q1 24 | $139.0M | $100.0M |
| Q4 25 | $-122.0M | $31.4M | ||
| Q3 25 | $25.0M | $104.3M | ||
| Q2 25 | $177.0M | $39.2M | ||
| Q1 25 | $83.0M | $67.7M | ||
| Q4 24 | $-26.0M | $26.6M | ||
| Q3 24 | $-63.0M | $123.3M | ||
| Q2 24 | $36.0M | $28.4M | ||
| Q1 24 | $123.0M | $82.6M |
| Q4 25 | -29.7% | 5.8% | ||
| Q3 25 | 4.5% | 19.0% | ||
| Q2 25 | 33.5% | 7.0% | ||
| Q1 25 | 20.9% | 12.9% | ||
| Q4 24 | -6.3% | 4.6% | ||
| Q3 24 | -11.8% | 21.8% | ||
| Q2 24 | 7.2% | 5.0% | ||
| Q1 24 | 31.1% | 15.5% |
| Q4 25 | 4.6% | 7.0% | ||
| Q3 25 | 3.4% | 4.5% | ||
| Q2 25 | 4.7% | 3.8% | ||
| Q1 25 | 4.8% | 3.4% | ||
| Q4 24 | 5.6% | 7.3% | ||
| Q3 24 | 3.8% | 3.2% | ||
| Q2 24 | 3.0% | 3.0% | ||
| Q1 24 | 4.1% | 3.2% |
| Q4 25 | — | 2.62× | ||
| Q3 25 | 0.83× | 2.92× | ||
| Q2 25 | 5.61× | 1.10× | ||
| Q1 25 | — | 2.18× | ||
| Q4 24 | -3.00× | 1.44× | ||
| Q3 24 | -1.10× | 2.81× | ||
| Q2 24 | 2.13× | 0.83× | ||
| Q1 24 | — | 2.38× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
TRIP
| Third Party | $327.0M | 80% |
| The Fork | $58.0M | 14% |
| Other | $26.0M | 6% |
WEN
| Franchise Royalty Revenueand Fees | $149.3M | 27% |
| Royalty | $103.6M | 19% |
| Advertising | $103.3M | 19% |
| Global Real Estate Development | $60.5M | 11% |
| Real Estate | $59.5M | 11% |
| Wendys International | $39.5M | 7% |
| Franchise | $21.5M | 4% |
