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Filing Flows › Wingstop (WING) › Q2 2026 › vs Q1 2026

Wingstop (WING) Q2 2026 vs Q1 2026 (quarter over quarter)

Wingstop's revenue rose $1.8M (+1%) from $184M in Q1 2026 to $186M in Q2 2026. Operating margin 29.4% against 27.4% (+2.0 pts).

Wingstop, Q2 2026: revenue $186M (+6% year over year), operating margin 29.4%, net earnings $31.3M, operating cash flow $6.9M. The chart draws each line against Q1 2026, the increases inside each band.

Wingstop: what changed, Q2 2026 vs Q1 2026Wingstop: what changed, Q2 2026 vs Q1 2026Working capital & other$55.3MNegative free cash flow (OCF …$54.9MOperating cash flow−$54.5MOperating profit$4.2MSG&A−$4.2MPre-tax earnings$4.1MIncome tax$2.7MCosts & expenses−$2.4MOther operating costs$1.5MNet earnings$1.4M

Margins

Q2 2026Q1 2026Change
Operating margin29.4%27.4%+2.0 pts
Net margin16.9%16.3%+0.6 pts

Every line

LineQ2 2026Q1 2026Change%
Revenue$186M$184M$1.8M+1%
Operating profit$54.6M$50.4M$4.2M+8%
Costs & expenses$131M$133M−$2.4M-2%
Pre-tax earnings$44.7M$40.6M$4.1M+10%
Other expense, net$10.0M$9.8M$144K+1%
Cost of revenue$25.1M$24.7M$352K+1%
SG&A$30.2M$34.4M−$4.2M-12%
Other operating costs$75.6M$74.2M$1.5M+2%
Net earnings$31.3M$29.9M$1.4M+5%
Income tax$13.4M$10.7M$2.7M+25%
Operating cash sources$42.4M$41.5M$846K+2%
Depreciation & amortization$7.2M$6.8M$371K+5%
Share-based compensation$3.9M$4.8M−$930K-19%
Working capital & other$35.5M−$19.8M$55.3M—
Operating cash flow$6.9M$61.4M−$54.5M-89%
Capital expenditures$18.2M$17.7M$486K+3%
Negative free cash flow (OCF − capex)$11.3M−$43.7M$54.9M—

Questions

How much did Wingstop's revenue grow quarter over quarter in Q2 2026?

Wingstop's revenue rose $1.8M (+1%) from $184M in Q1 2026 to $186M in Q2 2026. Operating margin 29.4% against 27.4% (+2.0 pts).

Q2 2026 results → · Compare in the interactive Sankey →