Wingstop profit margin WING
Gross, operating and net profit as a share of revenue over the last twelve months, from 2014.
- Net margin, 12 months
- 16.2%
- Operating margin, 12 months
- 27.9%
- Net margin on a year earlier
- −9.5 pts
- Peer median
- 4.7%
Over the twelve months to Jun 27, 2026, Wingstop kept 16.2% of its revenue as net profit, with an operating margin of 27.9% and a gross margin of 86.3%.
Five years earlier its net margin was 10.3%.
The median for 10 restaurant stocks of a similar size is 4.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 25.0% | 25.7% | 86.2% |
| FY2024 | 17.4% | 26.5% | 85.4% |
| FY2023 | 15.3% | 24.5% | 84.6% |
| FY2022 | 14.8% | 25.7% | 82.3% |
| FY2021 | 15.1% | 26.1% | 79.7% |
| FY2020 | 9.4% | 23.1% | 37.5% |
| FY2019 | 10.3% | 21.5% | 79.4% |
| FY2018 | 14.2% | 25.2% | 79.1% |
| FY2017 | 18.0% | 25.4% | 60.6% |
| FY2016 | 16.9% | 32.0% | 72.3% |
| FY2015 | 13.0% | 25.3% | 71.5% |
| FY2014 | 13.3% | 26.8% | 69.6% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 16.2% | −9.5 pts | 27.9% | |
| Q1 FY26 | 15.8% | −10.7 pts | 27.0% | |
| Q4 FY25 | 25.0% | +7.6 pts | 25.7% | |
| Q3 FY25 | 25.5% | +8.5 pts | 25.5% | |
| Q2 FY25 | 25.6% | +8.3 pts | 24.7% | |
| Q1 FY25 | 26.5% | +9.7 pts | 24.7% | |
| Q4 FY24 | 17.4% | +2.1 pts | 26.5% | |
| Q3 FY24 | 17.1% | +1.3 pts | 26.0% | |
| Q2 FY24 | 17.3% | +2.1 pts | 26.5% | |
| Q1 FY24 | 16.7% | +1.4 pts | 26.1% | |
| Q4 FY23 | 15.3% | +0.4 pts | 24.5% | |
| Q3 FY23 | 15.7% | +2.7 pts | 25.5% |
Against its peers
Companies in Restaurants nearest Wingstop's size, closest first, today.
| Company | Profit margin |
|---|---|
| WINGWingstop | 16.2% |
| SHAKShake Shack | 2.6% |
| CAKECheesecake Factory | 4.6% |
| CAVACava | 4.8% |
| CBRLCracker Barrel Old Country Store | 1.0% |
| BROSDutch Bros | 4.9% |
| EATBrinker International | 8.4% |
| BJRIBJs RESTAURANTS INC | 2.9% |
| WENWendy's | 5.7% |
| SGSweetgreen | 2.0% |
| TXRHTexas Roadhouse | 6.6% |
| Peer median | 4.7% |
Where Wingstop ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Wingstop
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.