Wingstop (WING)

Nasdaq Consumer Discretionary Restaurants S&P MidCap 400

$163.28

-2.45 (-1.48%)

Close of Nov 06, 2026 · end-of-day data

Source: Wingstop's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$103.32M	$133.32M	$153.18M	$199.68M	$248.81M	$282.50M	$357.52M	$460.06M	$625.81M	$696.85M
Cost of revenue	$25.31M	$28.75M	$32.06M	$41.10M	$48.58M	$57.42M	$63.40M	$70.65M	$91.63M	$96.06M
Gross profit	$78.02M	$104.57M	$121.12M	$158.57M	$200.23M	$225.09M	$294.13M	$389.41M	$534.17M	$600.79M
Selling, general & admin	$34.55M	$34.90M	$44.58M	$50.18M	$61.08M	$62.90M	$67.06M	$96.90M	$116.80M	$128.36M
Operating income	$26.61M	$33.87M	$38.53M	$42.90M	$57.39M	$73.76M	$91.93M	$112.59M	$165.62M	$179.29M
Pre-tax income	$21.96M	$28.74M	$26.93M	$25.77M	$26.94M	$58.91M	$69.32M	$94.31M	$147.19M	$237.19M
Income tax	$8.19M	$4.80M	$5.21M	$5.29M	$3.64M	$16.25M	$16.37M	$24.14M	$38.47M	$62.92M
Net income	$13.77M	$23.94M	$21.72M	$20.48M	$23.31M	$42.66M	$52.95M	$70.17M	$108.72M	$174.27M
EBITDA	$29.61M	$37.25M	$42.84M	$48.38M	$64.91M	$81.70M	$102.83M	$125.83M	$185.11M	$204.36M
EPS (basic)	$0.48	$0.82	$0.74	$0.70	$0.79	$1.43	$1.77	$2.36	$3.72	$6.23
EPS (diluted)	$0.47	$0.82	$0.73	$0.69	$0.78	$1.42	$1.77	$2.35	$3.70	$6.21
Diluted shares	28.98M	29.42M	29.59M	29.67M	29.80M	29.94M	29.96M	29.86M	29.38M	28.07M
Gross margin	75.5%	78.4%	79.1%	79.4%	80.5%	79.7%	82.3%	84.6%	85.4%	86.2%
Operating margin	25.8%	25.4%	25.2%	21.5%	23.1%	26.1%	25.7%	24.5%	26.5%	25.7%
Net margin	13.3%	18.0%	14.2%	10.3%	9.4%	15.1%	14.8%	15.3%	17.4%	25.0%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$3.75M	$4.06M	$12.49M	$12.85M	$40.86M	$48.58M	$184.50M	$90.22M	$315.91M	$196.57M
Receivables	$3.20M	$4.57M	$5.76M	$5.17M	$4.93M	$6.99M	$9.46M	$12.41M	$19.66M	$20.82M
Inventory	$226.00K	$216.00K	$299.00K	$315.00K	$396.00K	$484.00K	$389.00K	$535.00K	—	—
Total current assets	$11.12M	$15.91M	$29.91M	$30.19M	$72.62M	$70.15M	$226.67M	$144.34M	$395.62M	$267.49M
Goodwill	$45.13M	$46.56M	$49.66M	$50.19M	$53.69M	$56.88M	$62.51M	$67.71M	$74.72M	$83.88M
Total assets	$111.80M	$119.84M	$139.75M	$166.11M	$211.56M	$249.20M	$424.19M	$377.82M	$716.25M	$693.41M
Total current liabilities	$16.73M	$19.12M	$26.48M	$32.93M	$50.47M	$39.68M	$62.41M	$71.00M	$87.44M	$81.97M
Short-term debt	$3.50M	$3.50M	$2.40M	$3.20M	$3.60M	$0	$7.30M	$0	$0	$0
Long-term debt	$147.22M	$129.84M	$309.37M	$307.67M	$466.93M	$469.39M	$706.85M	$712.33M	$1.21B	$1.21B
Total debt	$150.72M	$133.34M	$311.77M	$310.87M	$470.53M	$469.39M	$714.15M	$712.33M	$1.21B	$1.21B
Total liabilities	$186.43M	$178.25M	$364.58M	$375.54M	$552.88M	$558.73M	$815.05M	$835.19M	$1.39B	$1.43B
Shareholders' equity	-$81.43M	-$58.42M	-$224.83M	-$209.43M	-$341.31M	-$309.52M	-$390.86M	-$457.37M	-$675.59M	-$736.76M

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$21.88M	$27.43M	$38.77M	$38.58M	$65.53M	$48.88M	$76.24M	$121.60M	$157.61M	$153.06M
Capital expenditures	$2.06M	$2.54M	$3.98M	$22.49M	$6.05M	$28.02M	$23.94M	$40.83M	$51.93M	$47.44M
Free cash flow	$19.82M	$24.90M	$34.79M	$16.10M	$59.48M	$20.86M	$52.30M	$80.77M	$105.68M	$105.62M
Investing cash flow	-$2.06M	-$6.48M	-$10.50M	-$23.73M	-$7.99M	-$29.85M	-$28.68M	-$52.15M	-$62.48M	-$17.46M
Financing cash flow	-$28.21M	-$20.25M	-$13.72M	-$14.62M	-$19.45M	-$23.39M	$103.25M	-$155.49M	$144.76M	-$266.73M
Dividends paid	$83.27M	$4.07M	$190.74M	$11.74M	$163.79M	$19.82M	$141.28M	$24.91M	$28.87M	$32.38M
Share buybacks	—	—	—	—	—	$0	$0	$125.40M	$314.66M	$221.86M
Stock-based compensation	$1.23M	$1.85M	$3.73M	$6.97M	$8.56M	$9.63M	$4.20M	$15.56M	$22.06M	$24.88M
Depreciation & amortization	$3.01M	$3.38M	$4.31M	$5.48M	$7.52M	$7.94M	$10.90M	$13.24M	$19.49M	$25.07M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$127.06M	$145.79M	$155.70M	$162.50M	$161.82M	$171.09M	$174.33M	$175.74M	$175.69M	$183.72M	$185.56M	$185.13M
Cost of revenue	$19.69M	$21.27M	$22.67M	$24.37M	$23.32M	$22.84M	$24.41M	$24.34M	$24.48M	$24.72M	$25.07M	$27.21M
Gross profit	$107.37M	$124.52M	$133.03M	$138.13M	$138.50M	$148.26M	$149.92M	$151.39M	$151.22M	$159.01M	$160.50M	$157.92M
Selling, general & admin	$28.08M	$25.18M	$28.10M	$32.29M	$31.23M	$31.44M	$32.94M	$30.66M	$33.32M	$34.45M	$30.24M	$30.47M
Operating income	$29.81M	$42.74M	$41.22M	$39.82M	$41.84M	$38.26M	$45.23M	$48.96M	$46.84M	$50.41M	$54.63M	$50.70M
Pre-tax income	$24.99M	$38.50M	$36.49M	$35.49M	$36.71M	$123.19M	$36.77M	$39.63M	$37.60M	$40.57M	$44.65M	$40.02M
Income tax	$6.18M	$9.75M	$9.01M	$9.76M	$9.96M	$30.93M	$10.00M	$11.15M	$10.84M	$10.69M	$13.36M	$10.92M
Net income	$18.81M	$28.75M	$27.48M	$25.73M	$26.75M	$92.27M	$26.76M	$28.48M	$26.76M	$29.88M	$31.29M	$29.10M
EBITDA	$33.46M	$46.15M	$46.38M	$44.87M	$47.70M	$44.49M	$51.45M	$55.19M	$53.22M	$57.25M	$61.84M	$59.70M
EPS (basic)	$0.64	$0.98	$0.94	$0.88	$0.92	$3.25	$0.96	$1.02	$0.97	$1.09	$1.15	$1.07
EPS (diluted)	$0.64	$0.98	$0.93	$0.88	$0.92	$3.24	$0.96	$1.02	$0.97	$1.08	$1.15	$1.07
Diluted shares	-113.00K	29.48M	29.46M	29.38M	-57.00K	28.51M	28.00M	27.99M	-95.00K	27.59M	27.25M	27.14M
Gross margin	84.5%	85.4%	85.4%	85.0%	85.6%	86.7%	86.0%	86.1%	86.1%	86.5%	86.5%	85.3%
Operating margin	23.5%	29.3%	26.5%	24.5%	25.9%	22.4%	25.9%	27.9%	26.7%	27.4%	29.4%	27.4%
Net margin	14.8%	19.7%	17.7%	15.8%	16.5%	53.9%	15.4%	16.2%	15.2%	16.3%	16.9%	15.7%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$90.22M	$108.31M	$96.75M	$83.96M	$315.91M	$251.38M	$227.94M	$237.64M	$196.57M	$128.82M	$127.45M	$104.79M
Receivables	$12.41M	$13.64M	$16.06M	$16.94M	$19.66M	$18.45M	$28.39M	$19.42M	$20.82M	$23.52M	$25.11M	$32.73M
Inventory	$535.00K	—	—	—	—	—	—	—	—	—	—	—
Total current assets	$144.34M	$170.88M	$162.79M	$166.24M	$395.62M	$324.26M	$312.84M	$320.20M	$267.49M	$216.94M	$208.32M	$195.46M
Goodwill	$67.71M	$67.71M	$68.73M	$74.75M	$74.72M	$74.72M	$79.21M	$79.21M	$83.88M	$83.88M	$83.88M	$102.65M
Total assets	$377.82M	$412.25M	$451.82M	$484.76M	$716.25M	$696.80M	$708.29M	$721.03M	$693.41M	$648.89M	$657.99M	$686.61M
Total current liabilities	$71.00M	$78.83M	$84.54M	$118.89M	$87.44M	$91.01M	$71.59M	$78.98M	$81.97M	$96.74M	$70.21M	$92.20M
Short-term debt	$0	—	—	—	$0	—	—	—	$0	—	—	—
Long-term debt	$712.33M	$712.79M	$713.26M	$713.73M	$1.21B	$1.21B	$1.21B	$1.21B	$1.21B	$1.21B	$1.21B	$1.21B
Total debt	$712.33M	$712.79M	$713.26M	$713.73M	$1.21B	$1.21B	$1.21B	$1.21B	$1.21B	$1.21B	$1.21B	$1.21B
Total liabilities	$835.19M	$846.63M	$889.36M	$932.23M	$1.39B	$1.41B	$1.39B	$1.42B	$1.43B	$1.45B	$1.43B	$1.46B
Shareholders' equity	-$457.37M	-$434.38M	-$437.54M	-$447.47M	-$675.59M	-$714.98M	-$686.00M	-$702.62M	-$736.76M	-$799.17M	-$772.99M	-$772.55M

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$37.85M	$44.66M	$36.18M	$69.03M	$7.74M	$25.29M	$6.58M	$63.87M	$57.31M	$61.38M	$6.92M	$61.33M
Capital expenditures	$12.54M	$11.16M	$10.30M	$14.12M	$16.35M	$8.02M	$14.36M	$2.22M	$22.84M	$17.73M	$18.21M	$11.59M
Free cash flow	$25.32M	$33.50M	$25.88M	$54.91M	-$8.61M	$17.27M	-$7.78M	$61.65M	$34.48M	$43.66M	-$11.29M	$49.74M
Investing cash flow	-$18.65M	-$11.66M	-$13.59M	-$24.87M	-$12.35M	$40.49M	-$23.58M	-$2.22M	-$32.15M	-$17.73M	-$18.21M	-$43.59M
Financing cash flow	-$6.47M	-$9.62M	-$35.55M	-$43.12M	$233.05M	-$140.41M	-$8.74M	-$48.25M	-$69.33M	-$95.48M	-$7.90M	-$33.94M
Dividends paid	$6.47M	$6.61M	$6.47M	$7.90M	$7.89M	$8.05M	$7.59M	$8.38M	$8.37M	$8.50M	$8.17M	$8.93M
Share buybacks	$151.00K	$0	$29.22M	$34.99M	$250.45M	$120.77M	$0	$39.97M	$61.11M	$78.52M	$0	$25.24M
Stock-based compensation	$5.54M	$3.81M	$4.93M	$7.27M	$6.05M	$5.31M	$6.22M	$6.07M	$7.28M	$4.82M	$3.89M	$4.08M
Depreciation & amortization	$3.65M	$3.41M	$5.16M	$5.05M	$5.87M	$6.23M	$6.22M	$6.23M	$6.39M	$6.84M	$7.21M	$9.01M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.