Wingstop Inc. (WING) financial statements: income statement, balance sheet and cash flow

Wingstop Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 27, 2025 · FY), Wingstop Inc. reported revenue of $696.9M (+11.4% year on year) and net income of $174.3M (+60.3% year on year).

Income statement

Wingstop Inc. income statement, fiscal years

Line item	Dec 27, 2025 · FY	Dec 28, 2024 · FY	Dec 30, 2023 · FY	Dec 31, 2022 · FY
Total revenue	$696.9M	$625.8M	$460.1M	$357.5M
Cost of sales	$96.1M	—	$70.6M	$63.4M
Advertising expenses	$261.5M	$233.3M	$166.6M	$123.1M
Selling, general and administrative	$128.4M	$116.8M	$96.9M	$67.1M
Depreciation and amortization	$25.1M	$19.5M	$13.2M	$10.9M
(Gain) loss on disposal of assets	$6.5M	($1.0M)	$95.0K	$1.2M
Total costs and expenses	$517.6M	$460.2M	$347.5M	$265.6M
Operating income	$179.3M	$165.6M	$112.6M	$91.9M
Interest expense, net	$35.8M	$21.3M	$18.2M	$21.2M
Investment (income) expense	($93.7M)	($2.9M)	$57.0K	$573.0K
Income before income tax expense	$237.2M	$147.2M	$94.3M	$69.3M
Income tax expense	$62.9M	$38.5M	$24.1M	$16.4M
Net income	$174.3M	$108.7M	$70.2M	$52.9M
Basic (in usd per share)	$6.23	$3.72	$2.36	$1.77
Diluted (in usd per share)	$6.21	$3.70	$2.35	$1.77
Currency translation adjustment	$6.8M	($160.0K)	$296.0K	($381.0K)
Other comprehensive income (loss)	$6.8M	($160.0K)	$296.0K	($381.0K)
Comprehensive income	$181.1M	$108.6M	$70.5M	$52.6M

Wingstop Inc. income statement, quarters

Line item	Jun 27, 2026 · Q2	Mar 28, 2026 · Q1	Sep 27, 2025 · Q3	Jun 28, 2025 · Q2
Total revenue	$185.6M	$183.7M	$175.7M	$174.3M
Cost of sales	$25.1M	$24.7M	$24.3M	$24.4M
Advertising expenses	$68.4M	$67.3M	$65.5M	$65.5M
Selling, general and administrative	$30.2M	$34.4M	$30.7M	$32.9M
Depreciation and amortization	$7.2M	$6.8M	$6.2M	$6.2M
Loss on disposal of assets	$0	$0	$0	$0
Total costs and expenses	$130.9M	$133.3M	$126.8M	$129.1M
Operating income	$54.6M	$50.4M	$49.0M	$45.2M
Interest expense, net	$9.8M	$9.8M	$9.2M	$8.5M
Investment (income) expense	$167.0K	$72.0K	$128.0K	—
Income before income tax expense	$44.7M	$40.6M	$39.6M	$36.8M
Income tax expense	$13.4M	$10.7M	$11.2M	$10.0M
Net income	$31.3M	$29.9M	$28.5M	$26.8M
Basic (in USD per share)	$1.15	$1.09	$1.02	$0.96
Diluted (in USD per share)	$1.15	$1.08	$1.02	$0.96
Currency translation adjustment	($1.1M)	($1.7M)	($1.8M)	$4.7M
Other comprehensive income (loss)	($1.1M)	($1.7M)	($1.8M)	$4.7M
Comprehensive income	$30.2M	$28.2M	$26.7M	$31.5M

Balance sheet

Wingstop Inc. balance sheet, fiscal years

Line item	Dec 27, 2025 · FY	Dec 28, 2024 · FY	Dec 30, 2023 · FY	Dec 31, 2022 · FY
Cash and cash equivalents	$196.6M	$315.9M	$90.2M	$184.5M
Restricted cash	$26.0M	$20.9M	$11.4M	$13.3M
Accounts receivable, net	$20.8M	$19.7M	$12.4M	$9.5M
Prepaid expenses and other current assets	$8.0M	$6.5M	$4.9M	$4.3M
Advertising fund assets, restricted	$16.1M	$32.7M	$25.3M	$15.2M
Total current assets	$267.5M	$395.6M	$144.3M	$226.7M
Property and equipment, net	$130.6M	$126.0M	$91.3M	$66.9M
Operating lease assets	$48.6M	$49.0M	—	—
Goodwill	$83.9M	$74.7M	$67.7M	$62.5M
Trademarks	$32.7M	$32.7M	$32.7M	$32.7M
Investments	$87.2M	—	—	—
Other non-current assets, net	$43.0M	$31.7M	$34.0M	$26.4M
Total assets	$693.4M	$716.2M	$377.8M	$424.2M
Accounts payable	$12.8M	$6.9M	$4.7M	$5.2M
Current portion of operating lease liabilities	$3.2M	$1.1M	—	—
Other current liabilities	$49.7M	$46.8M	$41.0M	$34.7M
Advertising fund liabilities	$16.1M	$32.7M	$25.3M	$15.2M
Total current liabilities	$82.0M	$87.4M	$71.0M	$62.4M
Long-term debt, net	$1.2B	$1.2B	$712.3M	$706.8M
Operating lease liabilities	$58.1M	$58.2M	—	—
Deferred revenues, net of current	$47.7M	$38.9M	$30.1M	$27.1M
Deferred income tax liabilities, net	$33.1M	$1.1M	$3.7M	$4.2M
Other non-current liabilities	$169.0K	$57.0K	$18.0M	$14.6M
Total liabilities	$1.4B	$1.4B	$835.2M	$815.1M
Common stock, $0.01 par value; 100,000,000 shares authorized; 27,540,619 and 28,662,614 shares issued and outstanding as of December 27, 2025 and December 28, 2024, respectively	275.0K	287.0K	293.0K	300.0K
Additional paid-in-capital	$1.5M	$1.6M	$2.7M	$2.8M
Retained deficit	($744.9M)	($676.9M)	($460.0M)	($393.3M)
Accumulated other comprehensive income (loss)	$6.3M	($501.0K)	($341.0K)	($637.0K)
Total stockholders' deficit	($736.8M)	($675.6M)	($457.4M)	($390.9M)
Total liabilities and stockholders' deficit	$693.4M	$716.2M	$377.8M	$424.2M

Wingstop Inc. balance sheet, quarters

Line item	Jun 27, 2026	Mar 28, 2026	Sep 27, 2025	Jun 28, 2025
Cash and cash equivalents	$127.5M	$128.8M	$237.6M	$227.9M
Restricted cash	$26.0M	$26.0M	$26.0M	$26.0M
Accounts receivable, net	$25.1M	$23.5M	$19.4M	$28.4M
Prepaid expenses and other current assets	$10.1M	$7.7M	$14.7M	$9.5M
Advertising fund assets, restricted	$19.6M	$30.9M	$22.5M	$21.0M
Total current assets	$208.3M	$216.9M	$320.2M	$312.8M
Property and equipment, net	$153.1M	$138.4M	$116.8M	$110.8M
Operating lease assets	$49.4M	$47.9M	$48.7M	$48.7M
Goodwill	$83.9M	$83.9M	$79.2M	$79.2M
Trademarks	$32.7M	$32.7M	$32.7M	$32.7M
Investments	$90.7M	$88.4M	$83.8M	$83.2M
Other non-current assets, net	$40.0M	$40.7M	$39.7M	$40.8M
Total assets	$658.0M	$648.9M	$721.0M	$708.3M
Accounts payable	$10.3M	$9.4M	$11.0M	$3.3M
Current portion of operating lease liabilities	$3.7M	$3.4M	$3.0M	$3.0M
Other current liabilities	$36.6M	$53.1M	$42.5M	$44.3M
Advertising fund liabilities	$19.6M	$30.9M	$22.5M	$21.0M
Total current liabilities	$70.2M	$96.7M	$79.0M	$71.6M
Long-term debt, net	$1.2B	$1.2B	$1.2B	$1.2B
Operating lease liabilities	$58.2M	$57.2M	$58.3M	$58.5M
Deferred revenues, net of current	$51.5M	$50.9M	$46.7M	$42.7M
Deferred income tax liabilities, net	$40.3M	$33.3M	$31.2M	$13.8M
Other non-current liabilities	$194.0K	$149.0K	$114.0K	$86.0K
Total liabilities	$1.4B	$1.4B	$1.4B	$1.4B
Common stock, $0.01 par value; 100,000,000 shares authorized; 27,240,351 and 27,540,619 shares issued and outstanding as of June 27, 2026 and December 27, 2025, respectively	272.0K	272.0K	278.0K	279.0K
Additional paid-in-capital	$2.4M	$213.0K	$1.1M	$3.8M
Retained deficit	($779.2M)	($804.3M)	($709.7M)	($697.6M)
Accumulated other comprehensive income (loss)	$3.6M	$4.6M	$5.7M	$7.5M
Total stockholders' deficit	($773.0M)	($799.2M)	($702.6M)	($686.0M)
Total liabilities and stockholders' deficit	$658.0M	$648.9M	$721.0M	$708.3M

Cash flow statement

Wingstop Inc. cash flow statement, fiscal years

Line item	Dec 27, 2025 · FY	Dec 28, 2024 · FY	Dec 30, 2023 · FY	Dec 31, 2022 · FY
Net income	$174.3M	$108.7M	$70.2M	$52.9M
Depreciation and amortization	$25.1M	$19.5M	$13.2M	$10.9M
Deferred income taxes	$35.9M	($1.8M)	($1.6M)	($3.3M)
Stock-based compensation expense	$24.9M	$22.1M	$15.6M	$4.2M
(Gain) loss on disposal of assets	$6.5M	($1.0M)	$95.0K	$1.2M
Gain on sale of investment	($92.5M)	$0	$0	$814.0K
Non cash investment income	($8.8M)	—	—	—
Amortization of debt issuance costs	$3.1M	$2.1M	$2.0M	$1.9M
Accounts receivable	($1.2M)	($7.3M)	($2.9M)	($2.5M)
Prepaid expenses and other assets	($11.0M)	($13.2M)	$599.0K	$584.0K
Advertising fund assets and liabilities, net	($16.9M)	$4.8M	$10.1M	$5.0M
Accounts payable and other current liabilities	$3.4M	$2.9M	$10.6M	$5.1M
Deferred revenue	$9.9M	$9.2M	$3.6M	($712.0K)
Other non-current liabilities	$317.0K	$11.6M	$70.0K	($27.0K)
Cash provided by operating activities	$153.1M	$157.6M	$121.6M	$76.2M
Purchases of property and equipment	($47.4M)	($51.9M)	($40.8M)	($23.9M)
Acquisition of restaurants from franchisee	($18.5M)	($14.0M)	($10.8M)	($7.8M)
Proceeds from sales of assets	$17.3M	$4.0M	$320.0K	$4.1M
Payments for investments	($76.5M)	($500.0K)	($808.0K)	($997.0K)
Proceeds from sale of investments	$107.7M	—	—	—
Cash used in investing activities	($17.5M)	($62.5M)	($52.2M)	($28.7M)
Proceeds from exercise of stock options	$1.4M	$1.6M	$951.0K	$3.3M
Purchases of common stock	($221.9M)	($314.7M)	($125.4M)	—
Borrowings of long-term debt	$0	$500.0M	$0	$250.0M
Repayments of long-term debt	$0	$0	($3.6M)	($3.0M)
Payment of deferred financing costs and other debt-related costs	$0	($8.8M)	$0	($5.4M)
Tax payments for restricted stock upon vesting	($13.9M)	($4.4M)	($2.5M)	($315.0K)
Dividends paid	($32.4M)	($28.9M)	($24.9M)	($141.3M)
Cash (used in) provided by financing activities	($266.7M)	$144.8M	($155.5M)	$103.3M
Net change in cash, cash equivalents, and restricted cash	($131.1M)	$239.9M	($86.0M)	$150.8M
Cash, cash equivalents, and restricted cash at beginning of period	$359.6M	$119.7M	$205.7M	$54.9M
Cash, cash equivalents, and restricted cash at end of period	$228.5M	$359.6M	$119.7M	$205.7M
Accrued capital expenditures	$6.3M	$4.0M	$3.0M	$7.3M
Cash paid for interest	$52.1M	$22.7M	$22.7M	$20.5M
Cash paid for taxes	$27.4M	$38.8M	$27.9M	$13.6M

Wingstop Inc. cash flow statement, quarters

Line item	Jun 27, 2026 · YTD	Mar 28, 2026 · Q1	Sep 27, 2025 · YTD	Jun 28, 2025 · YTD
Net income	$61.2M	$29.9M	$147.5M	$119.0M
Depreciation and amortization	$14.1M	$6.8M	$18.7M	$12.4M
Deferred income taxes	$7.2M	$137.0K	$30.1M	$12.7M
Stock-based compensation expense	$8.7M	$4.8M	$17.6M	$11.5M
Non cash investment income	($5.3M)	($2.4M)	—	—
Loss on disposal of assets	$32.0K	$0	$6.5M	$6.5M
Gain on sale of investment	$0	$0	($92.5M)	($92.5M)
Amortization of debt issuance costs	$1.6M	$802.0K	$2.3M	$1.5M
Accounts receivable	($4.3M)	($2.7M)	$241.0K	($8.7M)
Prepaid expenses and other assets	($3.1M)	$474.0K	($19.9M)	($17.1M)
Advertising fund assets and liabilities, net	($1.9M)	$15.9M	($13.8M)	($17.5M)
Accounts payable and other current liabilities	($13.4M)	$4.6M	($10.4M)	($716.0K)
Deferred revenue	$4.1M	$3.2M	$8.8M	$4.0M
Other non-current liabilities	($650.0K)	($175.0K)	$530.0K	$661.0K
Cash provided by operating activities	$68.3M	$61.4M	$95.8M	$31.9M
Purchases of property and equipment	($35.9M)	($17.7M)	($24.6M)	($22.4M)
Acquisition of restaurants from franchisee	$0	—	($9.2M)	($9.2M)
Proceeds from sales of assets	$0	$0	$17.3M	$17.3M
Payments for investments	$0	$0	($76.5M)	($76.5M)
Proceeds from sale of investments	$0	$0	$107.7M	$107.7M
Cash (used in) provided by investing activities	($35.9M)	($17.7M)	$14.7M	$16.9M
Proceeds from exercise of stock options	$354.0K	—	$1.1M	$855.0K
Purchases of common stock	($78.5M)	($78.5M)	($160.7M)	($120.8M)
Tax payments for restricted stock upon vesting	($8.5M)	($8.5M)	($13.8M)	($13.6M)
Dividends paid	($16.7M)	($8.5M)	($24.0M)	($15.6M)
Cash used in financing activities	($103.4M)	($95.5M)	($197.4M)	($149.2M)
Net change in cash, cash equivalents, and restricted cash	($71.0M)	($51.8M)	($87.0M)	($100.4M)
Cash, cash equivalents, and restricted cash at beginning of period	$228.5M	$228.5M	$359.6M	$359.6M
Cash, cash equivalents, and restricted cash at end of period	$157.4M	$176.6M	$272.6M	$259.2M
Accrued capital expenditures	$4.5M	$2.0M	$9.6M	$655.0K

Wingstop Inc. score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.