← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
Wendy's contracted revenue, remained profitable, generated positive free cash flow at a 15.8% operating margin. Inventory and capital spending grew faster than revenue.
The read at a glance✓ Audited against SEC data
- Growth — Revenue declined 3.1%Watch
- Profitability — Net income declined 15.1% to $165.075M from $194.357MWatch
- Cash flow — Free cash flow declined 7.0% to $242.616M from $260.919MWatch
- Margins — Operating margin contracted 75 bps to 15.78%Watch
- Accounting — Inventory and capital spending grew faster than revenueNote
- Insiders — 2 purchases and 0 salesOK
Business
Wendy's operates and franchises quick-service restaurants.
Where the revenue comes from
Fiscal 2025, as Wendy's Co reports it. History and quarterly detail are in the app.
- Wendy's U.S.$1.8B
- Global Real Estate & Development$238.8M
- Wendy's International$153.0M
Leadership changes
From Wendy's Co's own filings, the day they're filed.
- Steven W. Cirulis · Chief Financial Officer · appointmenteff. 2026-06-23
- Aaron M. Kale · Chief Accounting Officer · appointmenteff. 2026-06-08
- Robert D. Wright · President · appointmenteff. 2026-05-21
Latest filings
- 8-K · Company announcement2026-08-17
- 10-Q · Quarterly report2026-08-07
- 8-K · Company announcement2026-08-07
- 8-K · Company announcement2026-07-28
- 8-K · Company announcement2026-06-23
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about Wendy's Co, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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