Filing Flows › Comparisons › WING vs STKS
Wingstop vs ONE Group Hospitality: WING and STKS compared
Wingstop is the larger company: $185M of revenue in its latest quarter (Q3 2026) against $177M for ONE Group Hospitality (Q3 2026). Wingstop is growing faster (+5% against -2% a year earlier). Wingstop is more profitable, with an operating margin of 27.4% against -3.3%.
Where the money goes: WING and STKS
Wingstop (WING) · Q3 2026
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.
ONE Group Hospitality (STKS) · Q3 2026
ONE Group Hospitality, Q3 2026: revenue $177M (-2% year over year), operating margin -3.3%, net loss $16.4M, operating cash flow $8.8M. The chart follows the revenue to costs, profit and cash.
| Wingstop (WING) | ONE Group Hospitality (STKS) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $185M | $177M |
| Revenue growth, Y/Y | +5% | -2% |
| Operating margin | 27.4% | -3.3% |
| Net earnings | $29.1M | −$16.4M |
| Net margin | 15.7% | -9.3% |
| Operating cash flow | $61.3M | $8.8M |
| Free cash flow | $49.7M | — |
| Market value | $3.6B | — |
| P/E | 30.7× | — |
| Analysts’ mean target | $185.50 | — |
Where the revenue comes from
Wingstop
- Royalty revenue, franchise fees and other: $86.3M (47%)
- Advertising fees: $64.0M (35%)
- Company-owned restaurant sales: $34.8M (19%)
Questions
Which is bigger, Wingstop or ONE Group Hospitality?
Wingstop is the larger company: $185M of revenue in its latest quarter (Q3 2026) against $177M for ONE Group Hospitality (Q3 2026).
Is Wingstop or ONE Group Hospitality growing faster?
Wingstop is growing faster (+5% against -2% a year earlier).
Which is more profitable, Wingstop or ONE Group Hospitality?
Wingstop is more profitable, with an operating margin of 27.4% against -3.3%.
More: Wingstop earnings · how Wingstop makes money · ONE Group Hospitality earnings · how ONE Group Hospitality makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 28, 2026; 10-Q filed Nov 4, 2026). Fiscal quarters can end on different dates. Not investment advice.