The financials
Wingstop Inc. by the numbers
Wingstop Inc. (WING) reported revenue of $186M in Q2 2026 (quarter ended June 27, 2026), up 6.4% from the same quarter a year earlier. That came with a gross margin of 86% and net income of $31M (17% of revenue). For the full year FY2025, revenue was $697M (+11% year on year) and net income $174M. Its largest product in 2026-Q2 was Royalty at $79M, 42% of the disclosed total, just ahead of Advertising at 35%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $186M | $174M | +6.4% |
| Gross profit | $160M | $150M | +7.1% |
| Operating income | $55M | $45M | +21% |
| Net income | $31M | $27M | +17% |
| Diluted EPS | $1.15 | $0.96 | +20% |
| Product | Revenue | Share |
|---|---|---|
| Royalty | $79M | 42% |
| Advertising | $65M | 35% |
| Franchisor Owned Outlet | $34M | 18% |
| Franchise | $8.3M | 4.5% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $185.6M (+6.1%)
Franchise grew +18% year on yearAdvertising +4.2% year on year
Segment Latestquarter on quarteryear on year
- Royalty$78.6M$78.6MQoQ +2.3%year on year +7.8%+2.3%+7.8%
- Advertising$64.5M$64.5MQoQ +2.0%year on year +4.2%+2.0%+4.2%
- Franchisor Owned Outlet$34.2M$34.2MQoQ +3.6%year on year +5.3%+3.6%+5.3%
- Franchise$8.3M$8.3MQoQ +340%year on year +18%+340%+18%