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Black Rock Coffee Bar vs Wendy's: revenue, profit, margins and growth compared

Black Rock Coffee Bar brought in $200.3M of revenue in fiscal 2025, Wendy's $2.2B in fiscal 2025. Revenue changed by +24.5% at Black Rock Coffee Bar and -3.1% at Wendy's on the year before, so Black Rock Coffee Bar grew faster. Black Rock Coffee Bar kept -0.0% of its revenue as net profit, Wendy's 7.6%. Free cash flow was -$32.7M at Black Rock Coffee Bar and $242.6M at Wendy's.

Side by side, latest fiscal year

BRCBWEN
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 28, 2025)
Revenue$200.3M$2.2B
Revenue growth+24.5%-3.1%
Net income-$60K$165.1M
Net margin-0.0%7.6%
Free cash flow-$32.7M$242.6M
Free cash flow margin-16.3%11.1%
Earnings per share (diluted)$0.00$0.85
Cash$28.4M$300.8M
Debt$27.9M$2.8B
Price to earningsn/a7.7
Market value$360M$1.2B
Dividend yieldn/a10.23%
Rank by revenue in sector#654 of 778 · Consumer discretionary#340 of 778 · Consumer discretionary

Over the years

Revenue
BRCB FY2023: $133.2MBRCB FY2025: $160.9MBRCB FY2025: $200.3MWEN FY2018: $1.6BWEN FY2019: $1.7BWEN FY2020: $1.7BWEN FY2021: $1.9BWEN FY2022: $2.1BWEN FY2023: $2.2BWEN FY2024: $2.2BWEN FY2025: $2.2BFY18FY19FY20FY21FY22FY23FY24FY25
BRCB $200.3MWEN $2.2B
Net income
BRCB FY2023: -$8.8MBRCB FY2025: -$7.2MBRCB FY2025: -$60KWEN FY2018: $460.1MWEN FY2019: $136.9MWEN FY2020: $117.8MWEN FY2021: $200.4MWEN FY2022: $177.4MWEN FY2023: $204.4MWEN FY2024: $194.4MWEN FY2025: $165.1MFY18FY19FY20FY21FY22FY23FY24FY25
BRCB -$60KWEN $165.1M
Net margin
BRCB FY2023: -6.6%BRCB FY2025: -4.5%BRCB FY2025: -0.0%WEN FY2018: 28.9%WEN FY2019: 8.0%WEN FY2020: 6.8%WEN FY2021: 10.6%WEN FY2022: 8.5%WEN FY2023: 9.4%WEN FY2024: 8.7%WEN FY2025: 7.6%FY18FY19FY20FY21FY22FY23FY24FY25
BRCB -0.0%WEN 7.6%
Revenue growth
BRCB FY2025: +20.8%BRCB FY2025: +24.5%WEN FY2019: +7.5%WEN FY2020: +1.5%WEN FY2021: +9.4%WEN FY2022: +10.5%WEN FY2023: +4.1%WEN FY2024: +3.0%WEN FY2025: -3.1%FY19FY20FY21FY22FY23FY24FY25
BRCB +24.5%WEN -3.1%
Free cash flow
BRCB FY2023: -$11MBRCB FY2025: -$8.9MBRCB FY2025: -$32.7MWEN FY2018: $154.4MWEN FY2019: $214.5MWEN FY2020: $215.4MWEN FY2021: $267.8MWEN FY2022: $174.4MWEN FY2023: $260.4MWEN FY2024: $260.9MWEN FY2025: $242.6MFY18FY19FY20FY21FY22FY23FY24FY25
BRCB -$32.7MWEN $242.6M

Fiscal years as each company reports them; the two may end in different months.

Questions about Black Rock Coffee Bar and Wendy's

Which is bigger by revenue, Black Rock Coffee Bar or Wendy's?

Wendy's is bigger by revenue: $2.2B in fiscal 2025, against $200.3M for Black Rock Coffee Bar in fiscal 2025.

Which keeps more of its revenue as profit, Black Rock Coffee Bar or Wendy's?

Black Rock Coffee Bar had a net margin of -0.0% in fiscal 2025; Wendy's had 7.6% in fiscal 2025.

Which grew revenue faster, Black Rock Coffee Bar or Wendy's?

In their latest fiscal years revenue changed by +24.5% at Black Rock Coffee Bar and -3.1% at Wendy's.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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