The Wendy's Company (WEN) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
Loading revenue history...
WEN Revenue Growth
Revenue Breakdown (FY 2024)
WEN's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
WEN Revenue Analysis (2013–2024)
As of May 7, 2026, The Wendy's Company (WEN) generated trailing twelve-month (TTM) revenue of $2.21 billion, reflecting slight decline in growth of -3.0% year-over-year. The most recent quarter (Q3 2025) recorded $549.5 million in revenue, down 2.0% sequentially.
Looking at the longer-term picture, WEN's 5-year compound annual growth rate (CAGR) stands at +5.6%, indicating steady revenue expansion. The company achieved its highest annual revenue of $2.42 billion in 2013.
Revenue diversification analysis shows WEN's business is primarily driven by Product (41%), Royalty (24%), and Advertising (20%).
When compared to Consumer Cyclical sector peers including MCD (+1.3% YoY), QSR (+9.3% YoY), and JACK (-13.4% YoY), WEN has underperformed the peer group in terms of revenue growth. Compare WEN vs MCD →
WEN Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| WENCurrent | $2.2B | -3.0% | +5.6% | 16.5% | |
 MCD | $25.9B | +1.3% | +3.9% | 45.2% | |
 QSR | $9.4B | +9.3% | +13.7% | 23.7% | |
 JACK | $1.5B | -13.4% | +7.5% | -1.2% | |
 SHAK | $1.4B | +15.4% | +22.6% | 5.9% | |
 FRSH | $839M | +15.9% | +27.4% | 1.6% |
WEN Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $2.25B | +3.0% | $790.0M | 35.2% | $371.4M | 16.5% |
| 2023 | $2.18B | +4.1% | $776.5M | 35.6% | $382.0M | 17.5% |
| 2022 | $2.10B | +10.5% | $720.8M | 34.4% | $353.3M | 16.9% |
| 2021 | $1.90B | +9.4% | $536.7M | 28.3% | $367.0M | 19.3% |
| 2020 | $1.73B | +1.5% | $621.5M | 35.8% | $269.3M | 15.5% |
| 2019 | $1.71B | +7.5% | $605.7M | 35.4% | $262.6M | 15.4% |
| 2018 | $1.59B | +30.0% | $603.2M | 37.9% | $249.9M | 15.7% |
| 2017 | $1.22B | -14.8% | $601.1M | 49.1% | $214.8M | 17.6% |
| 2016 | $1.44B | -23.3% | $608.7M | 42.4% | $314.8M | 21.9% |
| 2015 | $1.87B | -6.4% | $638.4M | 34.1% | $274.5M | 14.7% |
See WEN's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs WEN Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare WEN vs AMZN
Side-by-side business, growth, and profitability comparison vs Amazon.com, Inc..
Start ComparisonWEN — Frequently Asked Questions
Quick answers to the most common questions about buying WEN stock.
Is WEN's revenue growth accelerating or slowing?
WEN revenue growth slowed to -3.0%, below the 5-year CAGR of +5.6%. TTM revenue is $2.2B. The deceleration marks a shift from historical growth rates.
What is WEN's long-term revenue growth rate?
The Wendy's Company's 5-year revenue CAGR of +5.6% reflects the variable expansion pattern. Current YoY growth of -3.0% is near this long-term average.
How is WEN's revenue distributed by segment?
WEN reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.