The Wendy’s Company reported Q4 and full year 2025 financial results with global systemwide sales of $3.4 billion (-8.3%) and $14.0 billion (-3.5%), net income of $26.5 million and $165.1 million, and adjusted EBITDA of $113.3 million and $522.4 million. The company provided 2026 outlook for approximately flat global systemwide sales growth and adjusted EBITDA of $460 to $480 million, and declared a quarterly dividend of $0.14 per share payable March 16, 2026.
Key takeaways
Global systemwide sales Q4 2025: $3.4 billion, decrease of 8.3%; full year: $14.0 billion, decrease of 3.5%
Net income Q4 2025: $26.5 million; full year: $165.1 million
Adjusted EBITDA Q4 2025: $113.3 million; full year: $522.4 million
Reported diluted EPS Q4 2025: $0.14; full year: $0.85; adjusted EPS: $0.16 and $0.88
Added 34 net new restaurants in Q4 2025, 157 net new for full year
2026 outlook: global systemwide sales growth approximately flat, adjusted EBITDA $460-$480 million
Quarterly dividend $0.14 per share, payable March 16, 2026 to shareholders of record March 2, 2026
Returned $329.6 million to shareholders via dividends and repurchases in 2025