Wingstop Inc. (WING) Financial Statements
Industry: Eating Places (Retail)
In fiscal 2025, Wingstop reported revenue of $696.9M, up 11.4% from $625.8M the year before. Net income was $174.3M (a 25.0% net margin), or $6.21 per diluted share. Operating margin was 25.7%. Operating activities generated $153.1M of cash, leaving $105.6M of free cash flow. At fiscal year end, Wingstop held $693.4M in total assets against $1.43B in total liabilities, including $196.6M of cash and equivalents.
Open the full interactive Wingstop financials → Quarterly statements, key ratios, valuation history and price charts.
Wingstop Key Stats
| Share Price | $125.76 |
|---|---|
| Market Cap | $3.43B |
| P/E Ratio | 20.3 |
| Dividend Yield | 0.98% |
| Revenue YoY Growth | +11.3% |
| 52-Week Range | $97.84 – $282.76 |
| Shares Outstanding | 27.2 million (basic, 2026 Q2) |
Wingstop Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $248.8M | $282.5M | $357.5M | $460.1M | $625.8M | $696.9M |
| Cost of Goods Sold | $48.6M | $57.4M | $63.4M | $70.6M | $91.6M | — |
| Gross Profit | $200.2M | $225.1M | $294.1M | $389.4M | $534.2M | — |
| Operating Income | $57.4M | $73.8M | $91.9M | $112.6M | $165.6M | $179.3M |
| Pre-Tax Income | $26.9M | $58.9M | $69.3M | $94.3M | $147.2M | $237.2M |
| Income Tax | $3.6M | $16.2M | $16.4M | $24.1M | $38.5M | $62.9M |
| Net Income | $23.3M | $42.7M | $52.9M | $70.2M | $108.7M | $174.3M |
| Diluted EPS | $0.78 | $1.42 | $1.77 | $2.35 | $3.70 | $6.21 |
Wingstop Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $175.7M | $175.7M | $183.7M | $185.6M |
| Net Income | $28.5M | $26.8M | $29.9M | $31.3M |
| Diluted EPS | $1.02 | $0.95 | $1.08 | $1.15 |
Wingstop Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $40.9M | $48.6M | $184.5M | $90.2M | $315.9M | $196.6M |
| Current Assets | $72.6M | $70.1M | $226.7M | $144.3M | $395.6M | $267.5M |
| Total Assets | $211.6M | $249.2M | $424.2M | $377.8M | $716.2M | $693.4M |
| Current Liabilities | $50.5M | $39.7M | $62.4M | $71.0M | $87.4M | $82.0M |
| Total Long-Term Debt | $470.5M | $477.6M | $714.1M | $720.9M | $1.22B | $1.22B |
| Total Liabilities | $552.9M | $558.7M | $815.1M | $835.2M | $1.39B | $1.43B |
| Shareholders' Equity | -$341.3M | -$309.5M | -$390.9M | -$457.4M | -$675.6M | -$736.8M |
Wingstop Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $65.5M | $48.9M | $76.2M | $121.6M | $157.6M | $153.1M |
| Cash From Investing | -$8.0M | -$29.9M | -$28.7M | -$52.2M | -$62.5M | -$17.5M |
| Cash From Financing | -$19.4M | -$23.4M | $103.3M | -$155.5M | $144.8M | -$266.7M |
| Free Cash Flow | $59.5M | $20.9M | $52.3M | $80.8M | $105.7M | $105.6M |
| Dividends Paid | $163.8M | $19.8M | $141.3M | $24.9M | $28.9M | $32.4M |
Figures from Wingstop's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Wingstop financials page for every line item.
Wingstop Company Profile
| Ticker | WING |
|---|---|
| Exchange | Nasdaq |
| Industry | Eating Places (Retail) |
| Headquarters | Dallas, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 26 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001636222 |
Frequently Asked Questions
What was Wingstop's revenue in fiscal 2025?
Wingstop (WING) reported revenue of $696.9M for fiscal 2025.
What is Wingstop's annual revenue history?
Wingstop's annual revenue by fiscal year: 2020: $248.8M; 2021: $282.5M; 2022: $357.5M; 2023: $460.1M; 2024: $625.8M; 2025: $696.9M.
What was Wingstop's net income in fiscal 2025?
Wingstop reported net income of $174.3M for fiscal 2025.
What was Wingstop's earnings per share (EPS) in fiscal 2025?
Wingstop's diluted EPS was $6.21 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Wingstop generate in fiscal 2025?
Wingstop generated $105.6M of free cash flow in fiscal 2025.
What was Wingstop's revenue last quarter?
In its most recent reported quarter (2026 Q2), Wingstop reported revenue of $185.6M.
How much debt does Wingstop have?
Wingstop reported $1.22B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Wingstop are outstanding?
Wingstop reported a weighted average of 27.2 million basic shares outstanding in 2026 Q2.
What is Wingstop's market cap?
Based on its latest closing price, Wingstop (WING) has a market capitalization of about $3.43B.
When does Wingstop's fiscal year end?
Wingstop's fiscal year end, as registered with the SEC, is December 26.
Where is Wingstop headquartered?
Wingstop lists its business address in Dallas, Texas in its SEC filings.