Wingstop (WING) Financial Statements & Analysis

Wingstop (WING) Income Statement

Wingstop reported revenue of $696.85M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 11.4% from $625.81M a year earlier. Net income was $174.27M, up 60.3% year over year, a net margin of 25.0%. Gross margin was 48.7% and operating margin 26.7%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $185.56M, up 6.4% from the same quarter a year earlier.

Wingstop Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Wingstop Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	696.85	625.81	460.06	357.52	282.50	248.81	199.68	153.18	133.32
Cost of Revenue	357.60	324.94	237.23	186.46	141.41	125.91	101.11	65.76	61.17
Gross Profit	339.25	300.87	222.83	171.06	141.10	122.90	98.56	87.42	72.15
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	128.36	116.80	96.90	67.06	62.90	61.08	50.18	44.58	34.90
Operating Expenses	153.42	136.29	110.14	79.12	70.84	65.51	55.66	48.89	38.27
Operating Income	185.83	164.58	112.69	91.93	70.26	57.39	42.90	38.53	33.87
Other Income/Expense
Interest Income	1.20	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	35.78	21.29	18.23	21.23	14.98	16.78	17.14	10.12	5.13
Other Income/Expense	87.15	3.90	-0.15	-22.62	3.63	-30.45	-17.14	-11.60	-5.13
Income
Income Before Tax	237.19	147.19	94.31	69.32	58.91	26.94	25.77	26.93	28.74
Income Tax Expense	62.92	38.47	24.14	16.37	16.25	3.64	5.29	5.21	4.80
Net Income	174.27	108.72	70.18	52.95	42.66	23.31	20.48	21.72	23.94
Net Income - Continuous Operations	174.27	108.72	70.18	52.95	42.66	23.31	20.48	21.72	23.94
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	298.04	187.97	125.78	101.45	81.83	51.24	48.39	41.36	37.25
EBIT	272.97	168.48	112.54	90.55	73.89	-	-	-	-
Depreciation & Amortization	25.07	19.49	13.24	10.90	7.94	7.52	5.48	4.31	3.38
Earnings Per Share
Basic EPS	6.00	4.00	2.00	2.00	1.00	1.00	1.00	1.00	1.00
Diluted EPS	6.00	4.00	2.00	2.00	1.00	1.00	1.00	1.00	1.00
Basic Shares Outstanding	27.97	29.26	29.77	29.89	29.77	29.60	29.42	29.23	29.03
Diluted Shares Outstanding	28.07	29.38	29.86	29.96	29.94	29.80	29.67	29.59	29.42

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Wingstop Financial Statements

What was Wingstop's revenue in fiscal 2025?

Wingstop reported revenue of $696.85M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 11.4% from $625.81M a year earlier.

Is Wingstop profitable?

Yes. Wingstop earned net income of $174.27M in fiscal 2025, a net margin of 25.0%. In fiscal 2024 it earned $108.72M.

What is Wingstop's operating margin?

Wingstop's operating income was $185.83M on revenue of $696.85M in fiscal 2025, an operating margin of 26.7%, compared with 26.3% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition