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Side-by-side financial comparison of Utz Brands, Inc. (UTZ) and Wingstop Inc. (WING). Click either name above to swap in a different company.
Utz Brands, Inc. is the larger business by last-quarter revenue ($341.0M vs $183.7M, roughly 1.9× Wingstop Inc.). Wingstop Inc. runs the higher net margin — 16.3% vs 0.7%, a 15.6% gap on every dollar of revenue. On growth, Wingstop Inc. posted the faster year-over-year revenue change (7.4% vs -3.1%). Over the past eight quarters, Wingstop Inc.'s revenue compounded faster (8.6% CAGR vs -1.5%).
Utz Brands, Inc., more commonly known as Utz, is an American snack food company based in Hanover, Pennsylvania. The company produces a variety of potato chips, pretzels, and other snacks, with most products sold under their family of brands. Utz is also a snack supplier to warehouse clubs and merchandisers.
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.
UTZ vs WING — Head-to-Head
Income Statement — Q4 FY2024 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $341.0M | $183.7M |
| Net Profit | $2.3M | $29.9M |
| Gross Margin | 25.5% | 86.5% |
| Operating Margin | 2.1% | 27.4% |
| Net Margin | 0.7% | 16.3% |
| Revenue YoY | -3.1% | 7.4% |
| Net Profit YoY | 108.3% | — |
| EPS (diluted) | $0.04 | $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.
| Q1 26 | — | $183.7M | ||
| Q4 25 | — | $175.7M | ||
| Q3 25 | — | $175.7M | ||
| Q2 25 | — | $174.3M | ||
| Q1 25 | — | $171.1M | ||
| Q4 24 | $341.0M | $161.8M | ||
| Q3 24 | $365.5M | $162.5M | ||
| Q2 24 | $356.2M | $155.7M |
| Q1 26 | — | $29.9M | ||
| Q4 25 | — | $26.8M | ||
| Q3 25 | — | $28.5M | ||
| Q2 25 | — | $26.8M | ||
| Q1 25 | — | $92.3M | ||
| Q4 24 | $2.3M | $26.8M | ||
| Q3 24 | $-2.2M | $25.7M | ||
| Q2 24 | $19.8M | $27.5M |
| Q1 26 | — | 86.5% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 25.5% | 85.6% | ||
| Q3 24 | 26.9% | 85.0% | ||
| Q2 24 | 26.7% | 85.4% |
| Q1 26 | — | 27.4% | ||
| Q4 25 | — | 26.7% | ||
| Q3 25 | — | 27.9% | ||
| Q2 25 | — | 25.9% | ||
| Q1 25 | — | 22.4% | ||
| Q4 24 | 2.1% | 25.9% | ||
| Q3 24 | 5.3% | 24.5% | ||
| Q2 24 | 6.3% | 26.5% |
| Q1 26 | — | 16.3% | ||
| Q4 25 | — | 15.2% | ||
| Q3 25 | — | 16.2% | ||
| Q2 25 | — | 15.4% | ||
| Q1 25 | — | 53.9% | ||
| Q4 24 | 0.7% | 16.5% | ||
| Q3 24 | -0.6% | 15.8% | ||
| Q2 24 | 5.6% | 17.7% |
| Q1 26 | — | $1.08 | ||
| Q4 25 | — | $0.99 | ||
| Q3 25 | — | $1.02 | ||
| Q2 25 | — | $0.96 | ||
| Q1 25 | — | $3.24 | ||
| Q4 24 | $0.04 | $0.91 | ||
| Q3 24 | $-0.03 | $0.88 | ||
| Q2 24 | $0.23 | $0.93 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $56.1M | $128.8M |
| Total DebtLower is stronger | $768.6M | — |
| Stockholders' EquityBook value | $696.9M | — |
| Total Assets | $2.7B | $648.9M |
| Debt / EquityLower = less leverage | 1.10× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $128.8M | ||
| Q4 25 | — | $196.6M | ||
| Q3 25 | — | $237.6M | ||
| Q2 25 | — | $227.9M | ||
| Q1 25 | — | $251.4M | ||
| Q4 24 | $56.1M | $315.9M | ||
| Q3 24 | $64.9M | $84.0M | ||
| Q2 24 | $66.6M | $96.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $768.6M | $1.2B | ||
| Q3 24 | $780.8M | — | ||
| Q2 24 | $797.6M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $-736.8M | ||
| Q3 25 | — | $-702.6M | ||
| Q2 25 | — | $-686.0M | ||
| Q1 25 | — | $-715.0M | ||
| Q4 24 | $696.9M | $-675.6M | ||
| Q3 24 | $685.7M | $-447.5M | ||
| Q2 24 | $686.0M | $-437.5M |
| Q1 26 | — | $648.9M | ||
| Q4 25 | — | $693.4M | ||
| Q3 25 | — | $721.0M | ||
| Q2 25 | — | $708.3M | ||
| Q1 25 | — | $696.8M | ||
| Q4 24 | $2.7B | $716.2M | ||
| Q3 24 | $2.6B | $484.8M | ||
| Q2 24 | $2.7B | $451.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.10× | — | ||
| Q3 24 | 1.14× | — | ||
| Q2 24 | 1.16× | — |
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 | $54.2M | — |
| Free Cash FlowOCF − Capex | $16.5M | — |
| FCF MarginFCF / Revenue | 4.8% | — |
| Capex IntensityCapex / Revenue | 11.1% | — |
| Cash ConversionOCF / Net Profit | 23.67× | — |
| TTM Free Cash FlowTrailing 4 quarters | $7.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $57.3M | ||
| Q3 25 | — | $63.9M | ||
| Q2 25 | — | $6.6M | ||
| Q1 25 | — | $25.3M | ||
| Q4 24 | $54.2M | $7.7M | ||
| Q3 24 | $52.2M | $69.0M | ||
| Q2 24 | $8.9M | $36.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | $34.5M | ||
| Q3 25 | — | $61.7M | ||
| Q2 25 | — | $-7.8M | ||
| Q1 25 | — | $17.3M | ||
| Q4 24 | $16.5M | $-8.6M | ||
| Q3 24 | $29.1M | $54.9M | ||
| Q2 24 | $-15.3M | $25.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | 19.6% | ||
| Q3 25 | — | 35.1% | ||
| Q2 25 | — | -4.5% | ||
| Q1 25 | — | 10.1% | ||
| Q4 24 | 4.8% | -5.3% | ||
| Q3 24 | 8.0% | 33.8% | ||
| Q2 24 | -4.3% | 16.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 13.0% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 8.2% | ||
| Q1 25 | — | 4.7% | ||
| Q4 24 | 11.1% | 10.1% | ||
| Q3 24 | 6.3% | 8.7% | ||
| Q2 24 | 6.8% | 6.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.14× | ||
| Q3 25 | — | 2.24× | ||
| Q2 25 | — | 0.25× | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | 23.67× | 0.29× | ||
| Q3 24 | — | 2.68× | ||
| Q2 24 | 0.45× | 1.32× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
UTZ
Segment breakdown not available.
WING
| Royalty revenue, franchise fees and other | $87.5M | 48% |
| Advertising fees | $63.3M | 34% |
| Company-owned restaurant sales | $33.0M | 18% |
