The Business StudyHow Wendy's makes money
Wendy's brought in $2.2 billion in revenue in the year ended December 28, 2025 and kept $165 million as profit: $7.58 of every $100.
From Wendy's' Form 10-K for the year ended December 28, 2025. Page updated November 8, 2026.
Out of every $100 Wendy's took in, it kept
6 years of Wendy's' revenue and profit.
Fiscal years as Wendy's reports them; the latest ended December 28, 2025. Profit is net income.
Quick answers about Wendy's.
How does Wendy's make money?
Wendy's mostly collects royalties, rent and ad-fund fees from franchisees, plus sales from restaurants it runs itself.
How much money does Wendy's make a year?
$2.2 billion in revenue in the year ended December 28, 2025, and $165 million in net profit. That's down 3% from the year before.
Is Wendy's profitable?
Yes. Wendy's made $165 million in net profit in the year ended December 28, 2025, which is $7.58 of every $100 it took in.
How many employees does Wendy's have?
About 14,900 employees (franchised restaurants hire their own staff) as of December 28, 2025. That works out to $146,100 in revenue per employee.
Is Wendy's growing?
Yes. Revenue went from $1.7 billion in 2020 to $2.2 billion in 2025, up 26%.
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CompareSource: The Wendy's Company, annual report on Form 10-K for the fiscal year ended December 28, 2025, filed with the SEC on February 23, 2026.
Revenue, profit and the breakdowns are the numbers the company reported in that filing (its XBRL data). Profit means net income; "operating profit" means operating income. Nothing on this page is estimated.