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Side-by-side financial comparison of Wingstop Inc. (WING) and Xometry, Inc. (XMTR). Click either name above to swap in a different company.
Xometry, Inc. is the larger business by last-quarter revenue ($192.4M vs $183.7M, roughly 1.0× Wingstop Inc.). Wingstop Inc. runs the higher net margin — 16.3% vs -4.5%, a 20.8% gap on every dollar of revenue. On growth, Xometry, Inc. posted the faster year-over-year revenue change (29.5% vs 7.4%). Over the past eight quarters, Xometry, Inc.'s revenue compounded faster (25.2% CAGR vs 8.6%).
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.
Xometry is an online marketplace for sourcing on-demand manufactured parts for prototyping and large-scale production.
WING vs XMTR — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $183.7M | $192.4M |
| Net Profit | $29.9M | $-8.6M |
| Gross Margin | 86.5% | 39.1% |
| Operating Margin | 27.4% | -4.6% |
| Net Margin | 16.3% | -4.5% |
| Revenue YoY | 7.4% | 29.5% |
| Net Profit YoY | — | 12.7% |
| EPS (diluted) | $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 | $192.4M | ||
| Q3 25 | $175.7M | $180.7M | ||
| Q2 25 | $174.3M | $162.5M | ||
| Q1 25 | $171.1M | $151.0M | ||
| Q4 24 | $161.8M | $148.5M | ||
| Q3 24 | $162.5M | $141.7M | ||
| Q2 24 | $155.7M | $132.6M |
| Q1 26 | $29.9M | — | ||
| Q4 25 | $26.8M | $-8.6M | ||
| Q3 25 | $28.5M | $-11.6M | ||
| Q2 25 | $26.8M | $-26.4M | ||
| Q1 25 | $92.3M | $-15.1M | ||
| Q4 24 | $26.8M | $-9.9M | ||
| Q3 24 | $25.7M | $-10.2M | ||
| Q2 24 | $27.5M | $-13.7M |
| Q1 26 | 86.5% | — | ||
| Q4 25 | — | 39.1% | ||
| Q3 25 | — | 39.9% | ||
| Q2 25 | — | 40.1% | ||
| Q1 25 | — | 37.3% | ||
| Q4 24 | 85.6% | 39.7% | ||
| Q3 24 | 85.0% | 39.4% | ||
| Q2 24 | 85.4% | 39.9% |
| Q1 26 | 27.4% | — | ||
| Q4 25 | 26.7% | -4.6% | ||
| Q3 25 | 27.9% | -6.1% | ||
| Q2 25 | 25.9% | -6.3% | ||
| Q1 25 | 22.4% | -10.2% | ||
| Q4 24 | 25.9% | -7.8% | ||
| Q3 24 | 24.5% | -8.1% | ||
| Q2 24 | 26.5% | -11.5% |
| Q1 26 | 16.3% | — | ||
| Q4 25 | 15.2% | -4.5% | ||
| Q3 25 | 16.2% | -6.4% | ||
| Q2 25 | 15.4% | -16.3% | ||
| Q1 25 | 53.9% | -10.0% | ||
| Q4 24 | 16.5% | -6.7% | ||
| Q3 24 | 15.8% | -7.2% | ||
| Q2 24 | 17.7% | -10.3% |
| Q1 26 | $1.08 | — | ||
| Q4 25 | $0.99 | — | ||
| Q3 25 | $1.02 | — | ||
| Q2 25 | $0.96 | — | ||
| Q1 25 | $3.24 | — | ||
| Q4 24 | $0.91 | — | ||
| Q3 24 | $0.88 | — | ||
| Q2 24 | $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 | $128.8M | $219.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $275.6M |
| Total Assets | $648.9M | $703.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $128.8M | — | ||
| Q4 25 | $196.6M | $219.1M | ||
| Q3 25 | $237.6M | $224.5M | ||
| Q2 25 | $227.9M | $225.8M | ||
| Q1 25 | $251.4M | $231.4M | ||
| Q4 24 | $315.9M | $239.8M | ||
| Q3 24 | $84.0M | $234.0M | ||
| Q2 24 | $96.7M | $240.9M |
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | $-736.8M | $275.6M | ||
| Q3 25 | $-702.6M | $272.0M | ||
| Q2 25 | $-686.0M | $270.4M | ||
| Q1 25 | $-715.0M | $309.9M | ||
| Q4 24 | $-675.6M | $314.5M | ||
| Q3 24 | $-447.5M | $315.2M | ||
| Q2 24 | $-437.5M | $315.8M |
| Q1 26 | $648.9M | — | ||
| Q4 25 | $693.4M | $703.7M | ||
| Q3 25 | $721.0M | $698.9M | ||
| Q2 25 | $708.3M | $687.0M | ||
| Q1 25 | $696.8M | $690.1M | ||
| Q4 24 | $716.2M | $680.1M | ||
| Q3 24 | $484.8M | $678.2M | ||
| Q2 24 | $451.8M | $678.6M |
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 | — | $4.4M |
| Free Cash FlowOCF − Capex | — | $-5.9M |
| FCF MarginFCF / Revenue | — | -3.0% |
| Capex IntensityCapex / Revenue | — | 5.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-24.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $57.3M | $4.4M | ||
| Q3 25 | $63.9M | $5.8M | ||
| Q2 25 | $6.6M | $-427.0K | ||
| Q1 25 | $25.3M | $-3.7M | ||
| Q4 24 | $7.7M | $9.1M | ||
| Q3 24 | $69.0M | $-3.6M | ||
| Q2 24 | $36.2M | $-9.1M |
| Q1 26 | — | — | ||
| Q4 25 | $34.5M | $-5.9M | ||
| Q3 25 | $61.7M | $-1.7M | ||
| Q2 25 | $-7.8M | $-7.4M | ||
| Q1 25 | $17.3M | $-9.2M | ||
| Q4 24 | $-8.6M | $4.5M | ||
| Q3 24 | $54.9M | $-8.4M | ||
| Q2 24 | $25.9M | $-13.5M |
| Q1 26 | — | — | ||
| Q4 25 | 19.6% | -3.0% | ||
| Q3 25 | 35.1% | -0.9% | ||
| Q2 25 | -4.5% | -4.5% | ||
| Q1 25 | 10.1% | -6.1% | ||
| Q4 24 | -5.3% | 3.1% | ||
| Q3 24 | 33.8% | -6.0% | ||
| Q2 24 | 16.6% | -10.2% |
| Q1 26 | — | — | ||
| Q4 25 | 13.0% | 5.3% | ||
| Q3 25 | 1.3% | 4.1% | ||
| Q2 25 | 8.2% | 4.3% | ||
| Q1 25 | 4.7% | 3.6% | ||
| Q4 24 | 10.1% | 3.1% | ||
| Q3 24 | 8.7% | 3.4% | ||
| Q2 24 | 6.6% | 3.3% |
| 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
WING
| Royalty revenue, franchise fees and other | $87.5M | 48% |
| Advertising fees | $63.3M | 34% |
| Company-owned restaurant sales | $33.0M | 18% |
XMTR
| US | $159.1M | 83% |
| Non Us | $33.3M | 17% |
