Filing Flows › Wingstop (WING) › Q3 2026
Wingstop (WING) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 28, 2026
Wingstop (WING) reported revenue of $185M for the third quarter 2026 (Q3 2026), +5% from a year earlier and -0.2% from the quarter before. Operating margin was 27.4%, net earnings $29.1M (15.7% of revenue).
Wingstop, Q3 2026: revenue $185M (+5% year over year), operating margin 27.4%, net earnings $29.1M, operating cash flow $61.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $185M | -0.2% | +5% |
| Operating profit | $50.7M | -7% | +4% |
| Net earnings | $29.1M | -7% | +2% |
| Operating cash flow | $61.3M | +786% | -4% |
| Free cash flow | $49.7M | — | -19% |
What changed
Revenue was $185.1M in Q3 2026, up 5% year over year and roughly flat from the previous quarter. Royalty revenue was the largest line at 42% of revenue. Royalty revenue added $4.4M year over year (up 6%), 47% of the total change.
Operating profit was $50.7M, a 27.4% margin (down 0.5 points year over year). Of the extra revenue versus Q3 2025, 18% reached operating profit, below the 28% margin then. Total costs grew 6% against revenue growth of 5%. The fastest-growing cost line was Cost of revenue (+12%). Net earnings were $29.1M, up 2% year over year. The effective tax rate was 27.3%.
Operating cash flow was $61.3M (down 4% year over year), 211% of net earnings. Non-cash charges added back $9.0M of depreciation and amortization and $4.1M of share-based compensation. Working capital and other items added $19.1M. Capital expenditures of $11.6M left free cash flow of $49.7M.
Questions
What was Wingstop's revenue in the third quarter 2026?
Wingstop (WING) reported revenue of $185M for the third quarter 2026 (Q3 2026), +5% from a year earlier and -0.2% from the quarter before.
Was Wingstop profitable in the third quarter 2026?
Operating profit was $50.7M (27.4% of revenue) and net earnings $29.1M.
Source: Wingstop 10-Q on SEC EDGAR.