Flagship explainer
How Wendy's Co makes its money
Start with a dollar of revenue and follow what the filing says remains.
Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.
| Filed line | Value | % of revenue | Source |
|---|---|---|---|
| $2.2B | 100% |
| |
| Cost of revenue | $792M | 36% |
|
| $1.4B | 64% |
| |
| $343M | 16% |
| |
| Income before tax | $227M | 10% |
|
| Income tax | $62.2M | 3% |
|
| $165M | 8% |
|
Source:
- SEC filing · FY 2025Filing detailsAccession 0000030697-26-000009