Wendy's (WEN) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Wendy's Revenue Highlights

Latest Revenue (Y)

$2.18B

Latest Revenue (Q)

$233.15M

Main Segment (Y)

Product

Main Geography (Y)

UNITED STATES

Wendy's Revenue by Period

Wendy's Revenue by Year

Date	Revenue	Change
2025-12-28	$2.18B	-3.10%
2024-12-29	$2.25B	2.98%
2023-12-31	$2.18B	4.11%
2023-01-01	$2.10B	10.46%
2022-01-02	$1.90B	9.41%
2021-01-03	$1.73B	1.45%
2019-12-29	$1.71B	7.49%
2018-12-30	$1.59B	29.96%
2017-12-31	$1.22B	-14.77%
2017-01-01	$1.44B	-23.25%
2016-01-03	$1.87B	-6.42%
2014-12-28	$2.00B	-17.54%
2013-12-29	$2.42B	-3.26%
2012-12-30	$2.51B	3.04%
2012-01-01	$2.43B	2.35%
2011-01-02	$2.38B	-2.53%
2009-12-31	$2.44B	33.70%
2008-12-31	$1.82B	44.24%
2007-12-31	$1.26B	1.64%
2006-12-31	$1.24B	70.94%
2006-01-01	$727.33M	121.36%
2005-01-02	$328.58M	11.91%
2003-12-28	$293.62M	200.28%
2002-12-29	$97.78M	5.34%
2001-12-30	$92.82M	6.40%
2000-12-31	$87.24M	7.41%
2000-01-02	$81.22M	4.04%
1999-01-03	$78.07M	-90.18%
1997-12-28	$794.80M	-8.74%
1996-12-31	$870.90M	-26.46%
1995-12-31	$1.18B	11.45%
1994-12-31	$1.06B	100.00%
1993-12-31	-	-

Wendy's generated $2.18B in revenue during NA 2025, up -3.10% compared to the previous quarter, and up 125.55% compared to the same period a year ago.

Wendy's Revenue by Quarter

Date	Revenue	Change
2025-09-28	$233.15M	-58.43%
2025-06-29	$560.93M	7.16%
2025-03-30	$523.47M	-8.85%
2024-12-31	$574.27M	1.33%
2024-09-29	$566.74M	-0.70%
2024-06-30	$570.73M	6.73%
2024-03-31	$534.75M	-1.09%
2023-12-31	$540.65M	-1.80%
2023-10-01	$550.55M	-1.96%
2023-07-02	$561.57M	6.19%
2023-04-02	$528.81M	-1.44%
2022-12-31	$536.51M	0.74%
2022-10-02	$532.57M	-0.97%
2022-07-03	$537.78M	10.06%
2022-04-03	$488.64M	3.26%
2021-12-31	$473.20M	0.63%
2021-10-03	$470.25M	-4.68%
2021-07-04	$493.34M	7.20%
2021-04-04	$460.20M	-2.98%
2020-12-31	$474.32M	4.88%
2020-09-27	$452.24M	12.41%
2020-06-28	$402.31M	-0.66%
2020-03-29	$404.96M	-5.20%
2019-12-31	$427.19M	-2.44%
2019-09-29	$437.88M	0.58%
2019-06-30	$435.35M	6.55%
2019-03-31	$408.58M	2.71%
2018-12-31	$397.82M	-0.68%
2018-09-30	$400.55M	-2.54%
2018-07-01	$411.00M	8.00%
2018-04-01	$380.56M	23.06%
2017-12-31	$309.25M	0.40%
2017-10-01	$308.00M	-3.85%
2017-07-02	$320.34M	12.08%
2017-04-02	$285.82M	-7.77%
2017-01-01	$309.90M	-14.87%
2016-10-02	$364.01M	-4.89%
2016-07-03	$382.72M	1.04%
2016-04-03	$378.79M	-18.43%
2016-01-03	$464.37M	-0.06%
2015-09-27	$464.63M	-5.09%
2015-06-28	$489.53M	4.99%
2015-03-29	$466.25M	-7.11%
2014-12-28	$501.95M	-2.06%
2014-09-28	$512.49M	-2.09%
2014-06-29	$523.43M	0.04%
2014-03-30	$523.20M	-11.68%
2013-12-29	$592.40M	-7.55%
2013-09-29	$640.78M	-1.50%
2013-06-30	$650.54M	7.76%
2013-03-31	$603.68M	-4.16%
2012-12-30	$629.88M	-1.01%
2012-09-30	$636.31M	-1.48%
2012-07-01	$645.87M	8.88%
2012-04-01	$593.19M	-3.55%
2012-01-01	$615.02M	0.59%
2011-10-02	$611.42M	-1.77%
2011-07-03	$622.46M	-26.58%
2011-04-03	$847.82M	0.84%
2011-01-02	$840.73M	-2.38%
2010-10-02	$861.21M	-1.80%
2010-06-30	$877.02M	4.73%
2010-03-31	$837.45M	-7.05%
2009-12-31	$900.94M	-0.25%
2009-09-30	$903.22M	-1.04%
2009-06-30	$912.69M	5.64%
2009-03-31	$863.98M	-3.63%
2008-12-31	$896.52M	188.85%
2008-09-30	$310.37M	-0.84%
2008-06-30	$313.01M	3.35%
2008-03-31	$302.85M	-5.55%
2007-12-31	$320.64M	-

Wendy's generated $233.15M in revenue during Q3 2025, up -58.43% compared to the previous quarter, and up 40.85% compared to the same period a year ago.

Wendy's Revenue Breakdown

Wendy's Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 23	Jan 23	Jan 22
Royalty	$504.55M	$528.39M	$512.16M	-	-
Real Estate	$235.75M	$236.49M	$230.17M	-	-
Product	$916.33M	$925.90M	$930.08M	-	-
Franchise	$98.18M	$97.61M	$80.17M	-	-
Advertising	$422.08M	$458.09M	$429.00M	-	-
Franchise Royalty Revenue and Fees	-	-	-	$558.24M	$536.75M

Wendy's's latest annual revenue breakdown by segment (product or service), as of Dec 25: Product (42.09%), Royalty (23.18%), Advertising (19.39%), Real Estate (10.83%), and Franchise (4.51%).

Quarterly Revenue by Product

Product/Service	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Oct 23	Jul 23	Apr 23	Jan 23	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21
Advertising	$103.35M	$107.01M	$111.36M	$100.36M	$114.93M	$123.15M	$115.06M	$104.94M	$320.07M	$108.92M	-	-	-	-	-	-	-	-	-	-
Real Estate	$59.55M	$57.34M	$60.41M	$58.45M	$58.55M	$59.31M	$60.64M	$57.99M	-	-	-	-	-	-	-	-	-	-	-	-
Royalty	$244.50M	$127.81M	$132.23M	$133.79M	$132.60M	$136.32M	$125.68M	$382.07M	$130.09M	-	-	-	-	-	-	-	-	-	-	-
Product	$230.81M	$233.15M	$232.85M	$219.51M	$232.82M	$230.40M	$237.35M	$225.32M	$695.36M	$234.72M	-	-	-	-	-	-	-	-	-	-
Franchise	$49.92M	$24.20M	$24.07M	$34.17M	$21.27M	$21.35M	$20.82M	$60.91M	$19.26M	-	-	-	-	-	-	-	-	-	-	-
Franchise Royalty Revenue and Fees	-	-	-	$145.15M	$153.05M	$141.68M	$144.09M	$141.73M	$143.44M	$128.98M	$138.50M	$138.75M	$136.66M	$122.83M	-	-	-	-	-	-

Wendy's's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Royalty (35.53%), Product (33.54%), Advertising (15.02%), Real Estate (8.65%), and Franchise (7.25%).

Wendy's Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 23	Jan 23	Jan 22
UNITED STATES	$1.98B	$2.06B	$2.01B	$1.95B	$1.77B
Non-US	$199.05M	$190.16M	$173.85M	$149.50M	$125.00M

Wendy's's latest annual revenue breakdown by geography, as of Dec 25: UNITED STATES (90.86%), and Non-US (9.14%).

Quarterly Revenue by Country

Country	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18	Jul 18	Apr 18
CANADA	$20.21M	$21.78M	$20.71M	$18.21M	$18.47M	$19.74M	$20.08M	$16.34M
UNITED STATES	$401.24M	$410.98M	$409.67M	$384.73M	$374.12M	$375.94M	$385.94M	$359.63M

Wendy's's latest quarterly revenue breakdown by geography, as of Dec 19: UNITED STATES (95.21%), and CANADA (4.79%).

Wendy's Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
ARCO	Arcos Dorados	$4.33B	$1.08B
CCS	Century Communities	$4.12B	$980.28M
MBC	MasterBrand	$2.73B	$698.90M
WEN	Wendy's	$2.18B	$233.15M
MODG	Topgolf Callaway Brands	$2.06B	$934.00M
PZZA	Papa John's	$2.05B	$508.15M
BLBD	Blue Bird	$1.48B	$333.08M
TILE	Interface	$1.39B	$364.53M
MCRI	Monarch Casino & Resort	$545.13M	$142.81M
BH	Biglari	$395.26M	$99.74M

WEN Revenue FAQ

What is Wendy's’s yearly revenue?

Wendy's's yearly revenue for 2025 was $2.18B, representing a decrease of -3.10% compared to 2024. The company's yearly revenue for 2024 was $2.25B, representing an increase of 2.98% compared to 2023. WEN's yearly revenue for 2023 was $2.18B, representing an increase of 4.11% compared to 2022.

What is Wendy's’s quarterly revenue?

Wendy's's quarterly revenue for Q3 2025 was $233.15M, a -58.43% decrease from the previous quarter (Q2 2025), and a -58.86% decrease year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $560.93M, a 7.16% increase from the previous quarter (Q1 2025), and a -1.72% decrease year-over-year (Q2 2024). WEN's quarterly revenue for Q1 2025 was $523.47M, a -8.85% decrease from the previous quarter (Q4 2024), and a -2.11% decrease year-over-year (Q1 2024).

What is Wendy's’s revenue growth rate?

Wendy's's revenue growth rate for the last 3 years (2023-2025) was -0.21%, and for the last 5 years (2021-2025) was 14.75%.

What are Wendy's’s revenue streams?

Wendy's's revenue streams in c 25 are Royalty, Real Estate, Product, Franchise, and Advertising. Royalty generated $504.55M in revenue, accounting 23.18% of the company's total revenue, down -4.51% year-over-year. Real Estate generated $235.75M in revenue, accounting 10.83% of the company's total revenue, down -0.31% year-over-year. Product generated $916.32M in revenue, accounting 42.09% of the company's total revenue, down -1.03% year-over-year. Franchise generated $98.18M in revenue, accounting 4.51% of the company's total revenue, up 0.58% year-over-year. Advertising generated $422.08M in revenue, accounting 19.39% of the company's total revenue, down -7.86% year-over-year.

What is Wendy's’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Wendy's was Product. This segment made a revenue of $916.32M, representing 42.09% of the company's total revenue.