SuperworthWendy's shares outstanding WEN
Diluted shares outstanding, averaged over each quarter, from 2011.
- Latest quarter, to Jun 28, 2026
- 191.2M
- On a year earlier
- −0.8%
- fewer shares
Wendy's had 191.2M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 28, 2026.
That is 0.8% fewer than a year earlier, so each share owns a little more of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 190.5M | −7% |
| FY2024 | 205M | −1% |
| FY2023 | 207.6M | −4% |
| FY2022 | 215.3M | −2% |
| FY2021 | 220.4M | −4% |
| FY2020 | 228.5M | −2% |
| FY2019 | 232.6M | −3% |
| FY2018 | 240.5M | −4% |
| FY2017 | 249.6M | −3% |
| FY2016 | 257M | −8% |
| FY2015 | 278.1M | −25% |
| FY2014 | 371.1M | −7% |
| FY2013 | 400.4M | +2% |
| FY2012 | 392.9M | +0% |
| FY2011 | 392M | n/a |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 191.2M | −1% | |
| Q1 FY26 | 190.9M | −5% | |
| Q4 FY25 | 190.5M | −7% | |
| Q3 FY25 | 191.3M | −6% | |
| Q2 FY25 | 192.7M | −7% | |
| Q1 FY25 | 201.6M | −3% | |
| Q4 FY24 | 205M | −1% | |
| Q3 FY24 | 204.3M | −3% | |
| Q2 FY24 | 206.2M | −3% | |
| Q1 FY24 | 207M | −4% | |
| Q4 FY23 | 207.6M | −4% | |
| Q3 FY23 | 210.6M | −2% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Wendy's
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.