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Wendy's (WEN) operating margin by quarter

Wendy's operating margin was 10.2% in Q3 2026 (third quarter 2026), -3.7 pts from Q2 2026. Over the last 7 quarters it ranged from 10.2% (Q3 2026) to 18.6% (Q2 2025).

Wendy's operating margin by quarterWendy's operating margin by quarter15.9%Q1 202518.6%Q2 202516.8%Q3 202511.8%Q4 202512.0%Q1 202613.9%Q2 202610.2%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202610.2%-3.7 pts-6.5 pts
Q2 202613.9%+1.9 pts-4.7 pts
Q1 202612.0%+0.2 pts-3.9 pts
Q4 202511.8%-5.0 pts—
Q3 202516.8%-1.8 pts—
Q2 202518.6%+2.7 pts—
Q1 202515.9%——

Q3 2026 at a glance

Wendy's, Q3 2026: revenue $547M (-0.5% year over year), operating margin 10.2%, net earnings $15.1M, operating cash flow $79.0M. The chart follows the revenue to costs, profit and cash.

Questions

What is Wendy's operating margin?

Wendy's operating margin was 10.2% in Q3 2026 (third quarter 2026), -3.7 pts from Q2 2026.

How has Wendy's operating margin changed?

Over the last 7 quarters it ranged from 10.2% (Q3 2026) to 18.6% (Q2 2025).

Q3 2026 results → · How Wendy's makes money →