Wendy's Quarterly Cash Flow Statement
NASDAQ: WENConsumer DiscretionaryRestaurantsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Pre-market: 6.21 -0.30%
Wendy's free cash flow
In the quarter ended Jun 28, 2026, Wendy's generated $100.6 million of operating cash flow and spent $19.6 million on capital expenditures. That left free cash flow of $81.0 million, a free-cash-flow margin of 14.2% of revenue. Free cash flow was up 106.5% from the prior year's $39.2 million.
Wendy's returned $28.6 million to shareholders: $26.7 million in dividends and $1.9 million in share repurchases, equal to 35% of free cash flow. Free cash flow covered dividend payments 3.0 times.
Summary generated from market data by MetaCap's automated system. Methodology
Wendy's cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-28 | Q1 20262026-03-29 | Q4 20252025-12-28 | Q3 20252025-09-28 | Q2 20252025-06-29 | Q1 20252025-03-30 | Q4 20242024-12-29 | Q3 20242024-09-29 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-10-01 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 32.62M | 22.71M | 26.48M | 44.25M | 55.11M | 39.23M | 47.50M | 50.22M | 54.64M | 41.99M | 46.94M | 58.05M |
| Net Income growth (YoY) | -40.82% | -42.11% | -44.25% | -11.89% | +0.85% | -6.57% | +1.19% | -13.48% | -8.37% | +5.45% | +13.72% | +14.85% |
| Depreciation & Amortization | 38.06M | 40.58M | 40.29M | 38.39M | 36.99M | 36.55M | 33.23M | 37.00M | 37.49M | 35.52M | 34.53M | 34.29M |
| Stock-Based Compensation | 2.94M | 5.25M | 4.80M | -934.00K | 5.13M | 5.57M | 4.53M | 6.81M | 5.82M | 5.85M | 6.98M | 6.55M |
| Change in Working Capital | 8.26M | -9.63M | — | 19.65M | -34.37M | -11.49M | — | 50.55M | -49.21M | 3.46M | — | 39.15M |
| Operating Cash Flow | 100.57M | 59.39M | 69.28M | 129.25M | 60.59M | 85.42M | 68.63M | 141.22M | 45.48M | 99.99M | 75.89M | 128.02M |
| Capital Expenditures | -19.56M | -11.88M | -37.88M | -24.99M | -21.37M | -17.68M | -42.03M | -17.90M | -17.11M | -17.35M | -29.33M | -25.52M |
| Investing Cash Flow | -24.11M | -13.66M | -50.27M | -48.30M | -30.78M | -21.49M | -60.51M | -24.84M | -23.14M | -20.81M | -31.02M | -26.59M |
| Dividends Paid | -26.67M | -26.65M | -26.63M | -26.71M | -26.81M | -49.43M | -51.03M | -50.78M | -51.25M | -51.37M | -51.38M | -52.16M |
| Share Repurchases | -1.92M | 0 | 0 | -14.25M | -63.73M | -122.78M | -17.32M | -25.81M | -26.95M | -7.29M | -47.14M | -55.48M |
| Debt Issued | 2.70M | 15.10M | 452.00M | 0 | 8.50M | 15.00M | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt Repaid | -10.14M | -22.54M | -423.56M | -7.31M | -7.31M | -15.81M | -7.31M | -7.31M | -7.31M | -7.31M | -33.42M | -14.85M |
| Financing Cash Flow | -42.19M | -40.48M | -14.35M | -56.95M | -93.37M | -179.32M | -52.53M | -88.19M | -89.75M | -72.63M | -131.08M | -126.95M |
| Net Change in Cash | 32.75M | 4.36M | 5.66M | 21.91M | -58.86M | -114.65M | -50.92M | 29.89M | -68.44M | 4.27M | -84.06M | -27.37M |
| Free Cash Flow | 81.01M | 47.51M | 31.40M | 104.26M | 39.22M | 67.74M | 26.60M | 123.32M | 28.36M | 82.63M | 46.56M | 102.50M |
This table shows 12 quarterly periods of Wendy's's cash flow statement, from Q2 2026 back to Q3 2023, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow WEN's reporting calendar. What is a cash flow statement?