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Side-by-side financial comparison of Westrock Coffee Co (WEST) and Wingstop Inc. (WING). Click either name above to swap in a different company.

Westrock Coffee Co is the larger business by last-quarter revenue ($339.5M vs $183.7M, roughly 1.8× Wingstop Inc.). Wingstop Inc. runs the higher net margin — 16.3% vs -6.6%, a 22.9% gap on every dollar of revenue. On growth, Westrock Coffee Co posted the faster year-over-year revenue change (48.3% vs 7.4%). Over the past eight quarters, Westrock Coffee Co's revenue compounded faster (32.8% CAGR vs 8.6%).

Westrock Coffee Co is a global integrated coffee, tea and functional beverage solutions provider. It sources, roasts, manufactures and distributes coffee products, ready-to-drink beverages and custom formulations for retail, foodservice and commercial clients across North America and other key markets.

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.

WEST vs WING — Head-to-Head

Bigger by revenue
WEST
WEST
1.8× larger
WEST
$339.5M
$183.7M
WING
Growing faster (revenue YoY)
WEST
WEST
+40.9% gap
WEST
48.3%
7.4%
WING
Higher net margin
WING
WING
22.9% more per $
WING
16.3%
-6.6%
WEST
Faster 2-yr revenue CAGR
WEST
WEST
Annualised
WEST
32.8%
8.6%
WING

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
WEST
WEST
WING
WING
Revenue
$339.5M
$183.7M
Net Profit
$-22.6M
$29.9M
Gross Margin
11.5%
86.5%
Operating Margin
-2.6%
27.4%
Net Margin
-6.6%
16.3%
Revenue YoY
48.3%
7.4%
Net Profit YoY
8.3%
EPS (diluted)
$-0.22
$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
WEST
WEST
WING
WING
Q1 26
$183.7M
Q4 25
$339.5M
$175.7M
Q3 25
$354.8M
$175.7M
Q2 25
$280.9M
$174.3M
Q1 25
$213.8M
$171.1M
Q4 24
$229.0M
$161.8M
Q3 24
$220.9M
$162.5M
Q2 24
$208.4M
$155.7M
Net Profit
WEST
WEST
WING
WING
Q1 26
$29.9M
Q4 25
$-22.6M
$26.8M
Q3 25
$-19.1M
$28.5M
Q2 25
$-21.6M
$26.8M
Q1 25
$-27.2M
$92.3M
Q4 24
$-24.6M
$26.8M
Q3 24
$-14.3M
$25.7M
Q2 24
$-17.8M
$27.5M
Gross Margin
WEST
WEST
WING
WING
Q1 26
86.5%
Q4 25
11.5%
Q3 25
11.7%
Q2 25
14.7%
Q1 25
13.6%
Q4 24
16.6%
85.6%
Q3 24
16.8%
85.0%
Q2 24
19.9%
85.4%
Operating Margin
WEST
WEST
WING
WING
Q1 26
27.4%
Q4 25
-2.6%
26.7%
Q3 25
-2.4%
27.9%
Q2 25
-5.3%
25.9%
Q1 25
-6.1%
22.4%
Q4 24
-4.3%
25.9%
Q3 24
-5.8%
24.5%
Q2 24
-7.9%
26.5%
Net Margin
WEST
WEST
WING
WING
Q1 26
16.3%
Q4 25
-6.6%
15.2%
Q3 25
-5.4%
16.2%
Q2 25
-7.7%
15.4%
Q1 25
-12.7%
53.9%
Q4 24
-10.7%
16.5%
Q3 24
-6.5%
15.8%
Q2 24
-8.5%
17.7%
EPS (diluted)
WEST
WEST
WING
WING
Q1 26
$1.08
Q4 25
$-0.22
$0.99
Q3 25
$-0.20
$1.02
Q2 25
$-0.23
$0.96
Q1 25
$-0.29
$3.24
Q4 24
$-0.26
$0.91
Q3 24
$-0.16
$0.88
Q2 24
$-0.20
$0.93

Balance Sheet & Financial Strength

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

Metric
WEST
WEST
WING
WING
Cash + ST InvestmentsLiquidity on hand
$49.9M
$128.8M
Total DebtLower is stronger
$444.1M
Stockholders' EquityBook value
$-1.9M
Total Assets
$1.2B
$648.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
WEST
WEST
WING
WING
Q1 26
$128.8M
Q4 25
$49.9M
$196.6M
Q3 25
$34.0M
$237.6M
Q2 25
$44.0M
$227.9M
Q1 25
$33.1M
$251.4M
Q4 24
$26.2M
$315.9M
Q3 24
$22.4M
$84.0M
Q2 24
$24.3M
$96.7M
Total Debt
WEST
WEST
WING
WING
Q1 26
Q4 25
$444.1M
$1.2B
Q3 25
Q2 25
Q1 25
Q4 24
$393.1M
$1.2B
Q3 24
Q2 24
Stockholders' Equity
WEST
WEST
WING
WING
Q1 26
Q4 25
$-1.9M
$-736.8M
Q3 25
$11.4M
$-702.6M
Q2 25
$18.2M
$-686.0M
Q1 25
$71.4M
$-715.0M
Q4 24
$97.5M
$-675.6M
Q3 24
$110.3M
$-447.5M
Q2 24
$81.5M
$-437.5M
Total Assets
WEST
WEST
WING
WING
Q1 26
$648.9M
Q4 25
$1.2B
$693.4M
Q3 25
$1.2B
$721.0M
Q2 25
$1.2B
$708.3M
Q1 25
$1.1B
$696.8M
Q4 24
$1.1B
$716.2M
Q3 24
$1.1B
$484.8M
Q2 24
$1.1B
$451.8M
Debt / Equity
WEST
WEST
WING
WING
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
4.03×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
WEST
WEST
WING
WING
Operating Cash FlowLast quarter
$36.7M
Free Cash FlowOCF − Capex
$27.8M
FCF MarginFCF / Revenue
8.2%
Capex IntensityCapex / Revenue
2.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-107.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
WEST
WEST
WING
WING
Q1 26
Q4 25
$36.7M
$57.3M
Q3 25
$-26.6M
$63.9M
Q2 25
$-7.0M
$6.6M
Q1 25
$-22.1M
$25.3M
Q4 24
$2.8M
$7.7M
Q3 24
$-332.0K
$69.0M
Q2 24
$-23.7M
$36.2M
Free Cash Flow
WEST
WEST
WING
WING
Q1 26
Q4 25
$27.8M
$34.5M
Q3 25
$-44.7M
$61.7M
Q2 25
$-27.5M
$-7.8M
Q1 25
$-63.4M
$17.3M
Q4 24
$-15.4M
$-8.6M
Q3 24
$-36.7M
$54.9M
Q2 24
$-59.9M
$25.9M
FCF Margin
WEST
WEST
WING
WING
Q1 26
Q4 25
8.2%
19.6%
Q3 25
-12.6%
35.1%
Q2 25
-9.8%
-4.5%
Q1 25
-29.7%
10.1%
Q4 24
-6.7%
-5.3%
Q3 24
-16.6%
33.8%
Q2 24
-28.7%
16.6%
Capex Intensity
WEST
WEST
WING
WING
Q1 26
Q4 25
2.6%
13.0%
Q3 25
5.1%
1.3%
Q2 25
7.3%
8.2%
Q1 25
19.3%
4.7%
Q4 24
7.9%
10.1%
Q3 24
16.5%
8.7%
Q2 24
17.4%
6.6%
Cash Conversion
WEST
WEST
WING
WING
Q1 26
Q4 25
2.14×
Q3 25
2.24×
Q2 25
0.25×
Q1 25
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

WEST
WEST

Coffee And Tea$202.6M60%
Flavors Extracts And Ingredients$69.6M21%
Sustainable Sourcing And Traceability Segments$66.9M20%

WING
WING

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

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