Filing Flows › Wingstop (WING) › Q2 2026
Wingstop (WING) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 29, 2026
Wingstop (WING) reported revenue of $186M for the second quarter 2026 (Q2 2026), +6% from a year earlier and +1% from the quarter before. Operating margin was 29.4%, net earnings $31.3M (16.9% of revenue).
Wingstop, Q2 2026: revenue $186M (+6% year over year), operating margin 29.4%, net earnings $31.3M, operating cash flow $6.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $186M | +1% | +6% |
| Operating profit | $54.6M | +8% | +21% |
| Net earnings | $31.3M | +5% | +17% |
| Operating cash flow | $6.9M | -89% | +5% |
What changed
Revenue was $185.6M in Q2 2026, up 6% year over year and up 1% from the previous quarter. Royalty revenue was the largest line at 42% of revenue. Royalty revenue added $5.7M year over year (up 8%), 50% of the total change.
Operating profit was $54.6M, a 29.4% margin (up 3.5 points year over year). Of the extra revenue versus Q2 2025, 84% reached operating profit, above the 26% margin then. Total costs grew 1% against revenue growth of 6%. Net earnings were $31.3M, up 17% year over year. The effective tax rate was 29.9%.
Operating cash flow was $6.9M (up 5% year over year), 22% of net earnings. Non-cash charges added back $7.2M of depreciation and amortization and $3.9M of share-based compensation. Working capital and other items used $35.5M. Capital expenditures of $18.2M exceeded it, leaving free cash flow of −$11.3M.
Questions
What was Wingstop's revenue in the second quarter 2026?
Wingstop (WING) reported revenue of $186M for the second quarter 2026 (Q2 2026), +6% from a year earlier and +1% from the quarter before.
Was Wingstop profitable in the second quarter 2026?
Operating profit was $54.6M (29.4% of revenue) and net earnings $31.3M.
Source: Wingstop 10-Q on SEC EDGAR.