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WING

Wingstop Inc.

Ticker WINGDALLAS, TXFiscal year ends DecemberBook value per share $-28.27Diluted shares 27.3M

Wingstop Inc. (Nasdaq: WING) is a franchisor and operator of a fast-casual restaurant chain focused on chicken wings, serving classic and boneless wings, tenders and chicken sandwiches cooked to order in 12 flavors, alongside sides and dips. Customers can order for dine-in, carryout or delivery, including individual… From the company’s description.

Over the twelve months to Sep 26, 2026, Wingstop Inc. reported revenue of $730.11M, up 6.9% from a year earlier, and net income of $117.04M. Its operating margin was 27.7%, and operations generated $186.95M in cash. In fiscal 2025, it reported revenue of $696.85M, up 11.4% from fiscal 2024, and net income of $174.27M.

Fiscal year 2025 · ends 12-26Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-26
Sales & profitability
$696.85MFY2025
+11.4% year over year
Last 12 mo $730.11M
25.73%FY2025
−0.7 percentage points
Last 12 mo 27.74%
$174.27MFY2025
+60.3% year over year
Last 12 mo $117.04M
-23.65%FY2025
−7.6 percentage points
Last 12 mo -15.15%
Cash & financing
$153.06MFY2025
−2.9% year over year
Last 12 mo $186.95M
$105.62MFY2025
−0.1% year over year
Last 12 mo $116.58M
-1.64FY2025
Was -1.79× a year earlier
Last 12 mo -1.57
28.1MFY2025
−4.5% year over year
Last 12 mo 27.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Wingstop Inc. does

In the company’s own words

Wingstop Inc. (Nasdaq: WING) is a franchisor and operator of a fast-casual restaurant chain focused on chicken wings, serving classic and boneless wings, tenders and chicken sandwiches cooked to order in 12 flavors, alongside sides and dips. Customers can order for dine-in, carryout or delivery, including individual meals and larger group orders. About 98% of its restaurants are independently owned and operated by franchisees; the company earns royalties, advertising and franchise fees and revenue from its own restaurants. It reports as a single segment. At December 27, 2025, the system had more than 3,050 locations worldwide, including 470 international restaurants in 18 countries and U.S. territories; domestic average unit volume was approximately $2.0 million in fiscal 2025. The brand began with its first restaurant in Garland, Texas, in 1994 and began franchising in 1997. Wingstop’s proprietary online and mobile ordering platform integrates with third-party delivery providers and restaurant point-of-sale systems. Its website is www.wingstop.com.

Company details
Sector
Consumer Discretionary
Industry (SIC)
Restaurants
Headquarters
DALLAS, TX
Fiscal year end
December
CIK
1636222
SIC
5812

Financial performance, year by year

Fiscal 2015–2025 · USD
$-73.01M$146.02M$365.06M$584.09M$803.13M20152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Wingstop Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

427
funds hold it
0 of 35
superinvestors hold it
$2.88B
held by funds, at market
63.2%
of shares held by funds

Largest fund holders · Wingstop Inc.’s weight in each

iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.13%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
0.16%of fund net assets
0.08%of fund net assets
MFS Mid Cap Growth Fund
OTCAX · MFS Series Trust IV
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Wingstop Inc. and its peers compare on margins and cash generation over ten years?”
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