Every 10-Q that The Wendy's Company (WEN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow WEN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WEN filings page.
The Wendy’s Company reported modest revenue growth but sharply weaker profitability in the quarter and first half of 2026. Total revenues rose to $570.6 million for Q2 and $1.11 billion year‑to‑date, yet income before income taxes fell to $48.6 million for Q2 and $82.7 million for six months as margins compressed.
Global same‑restaurant sales decreased 6.3% in Q2 and 6.5% year‑to‑date, with U.S. restaurants down about 7% and international down low single digits, mainly from lower traffic partly offset by higher average check. Global Company‑operated restaurant margin dropped to 13.6% in Q2 from 15.6% a year earlier, driven by higher labor and commodity costs and deleverage on lower volumes.
Global systemwide sales declined to $3.42 billion in Q2 and $6.64 billion for the half, while digital sales penetration increased to roughly 24% of systemwide sales. Net income fell to $32.6 million for Q2 and $55.3 million year‑to‑date, or $0.17 and $0.29 per share. Wendy’s ended the quarter with $394.8 million in cash, cash equivalents and restricted cash and $2.75 billion of securitized long‑term debt, paid $0.14 per share in each of the first two quarterly dividends, and has declared a reduced $0.07 quarterly dividend for September 2026. The system restaurant count declined by 71 in Q2 and 217 year‑to‑date to 7,180 locations.
The Wendy’s Company reported softer results for the first quarter of 2026. Revenue rose to $540.6 million from $523.5 million, helped by acquired franchise restaurants, higher franchise fees and more advertising revenue. However, global same-restaurant sales fell 6.8%, with U.S. same-restaurant sales down 7.8%, as traffic declined despite higher average check.
Operating profit dropped to $64.9 million from $83.1 million, and income before income taxes fell 37.8% to $34.2 million. Net income declined to $22.7 million, or $0.12 per diluted share, compared with $39.2 million, or $0.19 per share, a year earlier. Company-operated restaurant margin contracted to 10.8%, mainly from higher labor and commodity costs and lower traffic.
Global systemwide sales were $3.22 billion, down 5.5% on a constant currency basis, while international systemwide sales grew 6.0% on the same basis. Digital sales increased to about 23.6% of global systemwide sales, and the system ended the quarter with 7,251 restaurants, a net decrease of 146 units.
The Wendy’s Company (WEN) reported Q3 2025 results. Revenue was $549.5 million, down from $566.7 million a year ago, as lower advertising fund revenue and franchise rental income offset slightly higher company-operated sales. Operating profit was $92.0 million versus $94.7 million. Net income was $44.3 million ($0.23 diluted EPS) compared with $50.2 million ($0.25) last year.
For the first nine months, revenue was $1.63 billion and net income $138.6 million ($0.71 diluted EPS). Cash from operations reached $275.3 million, while the company returned cash via $200.8 million of share repurchases and $103.0 million in dividends. Cash and equivalents were $291.4 million at quarter-end. Wendy’s acquired 35 restaurants from a franchisee for $16.9 million, adding $2.5 million of goodwill, and ended the period with 7,363 restaurants systemwide, including 435 company-operated. Management noted the newly enacted OBBBA tax law is expected to favorably affect cash taxes. There were 190,339,781 common shares outstanding as of October 30, 2025.
The Wendy's Company reported mixed second-quarter results with modest revenue declines but stable profitability and continued digital adoption. Revenues were $560.9 million, down 1.7% from the prior year quarter, while income before income taxes rose to $75.9 million and net income was $55.1 million. Global systemwide sales decreased to $3.66 billion (down 1.9%) and global same-restaurant sales fell 2.9%, driven by a 3.6% decline in U.S. same-restaurant sales. Digital sales grew meaningfully to approximately 20.5% of global systemwide sales.
Balance sheet and cash flow moves were notable: cash, cash equivalents and restricted cash declined to $330.1 million from $503.6 million, net cash used in financing activities was $272.7 million driven by $186.5 million of share repurchases and $76.2 million of dividends, and total long-term debt was $2.65 billion. The system counted 7,334 restaurants (387 company-operated). Management recorded $3.1 million of impairment YTD and continued system optimization activity.