Jun 2026 (Q2 FY26) — Aug 7, 2026
The Wendy's Company Q2 FY26 — Turnaround Strategy Under New Leadership
Read the full callWendy's (WEN) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Wendy's earnings: last reported Fri, 7 Aug 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 571 | +1.7% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 13.9 | −4.7 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 32.6 | −40.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
$6.68 −0.30% · −$0.02
Performance −24.8% 1Y
1Y: $8.88 on 17 Oct 2025 → $6.68. High $9.33 (21 Oct 2025), low $6.1 (5 Oct 2026).
- Previous close
- $6.7
- 52-week range
- $6.1 – $9.33
- One year
- −25.20%
Overview
- Symbol
- WEN
- Sector
- Consumer Discretionary
- Exchange
- US
- Currency
- USD
Call summaries
Every analysed call
Wendy's earnings calls (WEN)
Financials
What the filings say
Net profit, year on year: −41% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 567 | 574 | 523 | 561 | 550 | 543 | 541 | 571 |
| Expenses | 472 | 478 | 440 | 457 | 457 | 479 | 476 | 491 |
| Operating profit | 95 | 96 | 83 | 104 | 92 | 64 | 65 | 79 |
| Operating margin | 16.7% | 16.7% | 15.9% | 18.6% | 16.8% | 11.8% | 12.0% | 13.9% |
| Interest | 31 | 31 | 31 | 31 | 32 | 33 | 34 | 34 |
| Profit before tax | 70 | 70 | 55 | 76 | 63 | 33 | 34 | 49 |
| Tax rate | 27.9% | 32.6% | 28.6% | 27.4% | 30.0% | 20.2% | 33.5% | 32.8% |
| Net profit | 50 | 47 | 39 | 55 | 44 | 26 | 23 | 33 |
| EPS ($ per share) | 0.25 | — | 0.20 | 0.29 | 0.23 | — | 0.12 | 0.17 |
| Line item | Dec 2018 | Dec 2019 | Jan 2021 | Jan 2022 | Jan 2023 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 47 | 47 | 47 | 47 | 47 | 47 | 47 | 47 |
| Reserves | 146 | 186 | 239 | 344 | 415 | 410 | 400 | 435 |
| Total liabilities | 3,644 | 4,478 | 4,490 | 4,665 | 5,034 | 4,873 | 4,775 | 4,839 |
| Fixed assets | 1,023 | 977 | 916 | 907 | 896 | 891 | 908 | 938 |
| Total assets | 4,292 | 4,995 | 5,040 | 5,101 | 5,499 | 5,183 | 5,035 | 4,957 |
| Line item | Dec 2018 | Dec 2019 | Jan 2021 | Jan 2022 | Jan 2023 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 224 | 289 | 284 | 346 | 260 | 345 | 355 | 345 |
| Cash from investing | 363 | -55 | -68 | -155 | -78 | -87 | -129 | -151 |
| Cash from financing | -306 | -365 | -158 | -243 | 289 | -504 | -303 | -344 |
| Net cash flow | 274 | -128 | 60 | -51 | 465 | -243 | -85 | -146 |
| Capital expenditure | -70 | -74 | -69 | -78 | -86 | -85 | -94 | -102 |
| Free cash flow | 154 | 214 | 215 | 268 | 174 | 260 | 261 | 243 |
Insider filings
82 filings between Nov 19, 2025 and Sep 29, 2026.
Open market
decisions to buy or sellPurchases
$17.8K
2 purchases by 2 insiders
Sales
None
No insider sold shares.
Compensation
not trading decisions- 23
- Award — granted as compensation
- 25
- Option exercise — converted options into shares
- 31
- Tax withheld — shares kept back by the company to cover tax
Also filed: 1 other.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Min John | $13.9K | — | Nov 19, 2025 |
| Suerken Peter J. JR | $3.9K | — | Nov 20, 2025 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 29, 2026 | MAY PETER W Director | Award | 4,009 | $29.7K |
| Sep 29, 2026 | Peltz Bradley G. Director | Award | 3,318 | $24.6K |
| Aug 15, 2026 | Radkoski Lindsay J. CMO, U.S. | Option exercise | 2,767 | $0 |
| Aug 15, 2026 | Radkoski Lindsay J. CMO, U.S. | Tax withheld | 806 | $7.0K |
| Aug 12, 2026 | Esposito Liliana Chf Corp Affrs & Sustnblty Ofc | Tax withheld | 8,634 | $74.8K |
| Aug 12, 2026 | Radkoski Lindsay J. CMO, U.S. | Option exercise | 3,713 | $0 |
| Aug 12, 2026 | Suerken Peter J. JR President, U.S. | Tax withheld | 2,318 | $20.1K |
| Aug 12, 2026 | Wunsch E.J. President, International | Option exercise | 60,533 | $0 |
| Aug 12, 2026 | Min John Chief Legal Ofcr & Secretary | Tax withheld | 1,678 | $14.5K |
| Aug 12, 2026 | Kale Aaron M. Chief Accounting Officer | Option exercise | 2,209 | $0 |
| Aug 12, 2026 | Esposito Liliana Chf Corp Affrs & Sustnblty Ofc | Option exercise | 4,246 | $0 |
| Aug 12, 2026 | Wunsch E.J. President, International | Tax withheld | 16,405 | $142.1K |
| Aug 12, 2026 | Wunsch E.J. President, International | Tax withheld | 2,421 | $21.0K |
| Aug 12, 2026 | Spessard Matthew P Chief Information Officer | Option exercise | 22,896 | $0 |
| Aug 12, 2026 | Radkoski Lindsay J. CMO, U.S. | Option exercise | 27,878 | $0 |
| Aug 12, 2026 | Spessard Matthew P Chief Information Officer | Tax withheld | 881 | $7.6K |
| Aug 12, 2026 | Spessard Matthew P Chief Information Officer | Option exercise | 3,051 | $0 |
| Aug 12, 2026 | Min John Chief Legal Ofcr & Secretary | Option exercise | 5,918 | $0 |
| Aug 12, 2026 | Suerken Peter J. JR President, U.S. | Option exercise | 7,963 | $0 |
| Aug 12, 2026 | Esposito Liliana Chf Corp Affrs & Sustnblty Ofc | Option exercise | 31,858 | $0 |
| Aug 12, 2026 | Kale Aaron M. Chief Accounting Officer | Tax withheld | 599 | $5.2K |
| Aug 12, 2026 | Spessard Matthew P Chief Information Officer | Tax withheld | 6,606 | $57.2K |
| Aug 12, 2026 | Min John Chief Legal Ofcr & Secretary | Tax withheld | 12,589 | $109.0K |
| Aug 12, 2026 | Radkoski Lindsay J. CMO, U.S. | Tax withheld | 7,555 | $65.4K |
| Aug 12, 2026 | Esposito Liliana Chf Corp Affrs & Sustnblty Ofc | Tax withheld | 1,151 | $10.0K |
| Aug 12, 2026 | Wunsch E.J. President, International | Option exercise | 8,070 | $0 |
| Aug 12, 2026 | Radkoski Lindsay J. CMO, U.S. | Tax withheld | 1,007 | $8.7K |
| Aug 12, 2026 | Min John Chief Legal Ofcr & Secretary | Option exercise | 44,404 | $0 |
| Aug 11, 2026 | Esposito Liliana Chf Corp Affrs & Sustnblty Ofc | Option exercise | 1,748 | $0 |
| Aug 11, 2026 | Spessard Matthew P Chief Information Officer | Tax withheld | 183 | $1.4K |
| Aug 11, 2026 | Spessard Matthew P Chief Information Officer | Option exercise | 633 | $0 |
| Aug 11, 2026 | Kale Aaron M. Chief Accounting Officer | Tax withheld | 499 | $3.8K |
| Aug 11, 2026 | Esposito Liliana Chf Corp Affrs & Sustnblty Ofc | Tax withheld | 499 | $3.8K |
| Aug 11, 2026 | Wunsch E.J. President, International | Tax withheld | 871 | $6.6K |
| Aug 11, 2026 | Kale Aaron M. Chief Accounting Officer | Option exercise | 1,748 | $0 |
| Aug 11, 2026 | Wunsch E.J. President, International | Option exercise | 3,070 | $0 |
| Aug 11, 2026 | Radkoski Lindsay J. CMO, U.S. | Tax withheld | 185 | $1.4K |
| Aug 11, 2026 | Radkoski Lindsay J. CMO, U.S. | Option exercise | 633 | $0 |
| Aug 5, 2026 | Esposito Liliana Chf Corp Affrs & Sustnblty Ofc | Option exercise | 2,294 | $0 |
| Aug 5, 2026 | Kale Aaron M. Chief Accounting Officer | Tax withheld | 404 | $3.2K |
| Aug 5, 2026 | Kale Aaron M. Chief Accounting Officer | Option exercise | 1,415 | $0 |
| Aug 5, 2026 | Radkoski Lindsay J. CMO, U.S. | Tax withheld | 322 | $2.6K |
| Aug 5, 2026 | Radkoski Lindsay J. CMO, U.S. | Option exercise | 1,104 | $0 |
| Aug 5, 2026 | Spessard Matthew P Chief Information Officer | Tax withheld | 344 | $2.7K |
| Aug 5, 2026 | Spessard Matthew P Chief Information Officer | Option exercise | 1,191 | $0 |
| Aug 5, 2026 | Esposito Liliana Chf Corp Affrs & Sustnblty Ofc | Tax withheld | 654 | $5.2K |
| Aug 5, 2026 | Wunsch E.J. President, International | Tax withheld | 1,568 | $12.5K |
| Aug 5, 2026 | Wunsch E.J. President, International | Option exercise | 5,529 | $0 |
| Jun 29, 2026 | MAY PETER W Director | Award | 4,262 | $29.7K |
| Jun 29, 2026 | Peltz Bradley G. Director | Award | 3,527 | $24.6K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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