Kura Sushi USA vs Wingstop
Wingstop reported revenue of $697 million in fiscal 2025, 2.1 times Kura Sushi USA's $328 million in fiscal 2026. Kura Sushi USA's revenue grew 16.1% in its latest year, and Wingstop's grew 11.3%. Kura Sushi USA had an operating margin of -2.0%, against 25.7% at Wingstop. Free cash flow was −$25 million at Kura Sushi USA and $106 million at Wingstop. Their fiscal years end in different months (August 31 and December 27), so the periods don't line up exactly.
Side by side
| Kura Sushi USA | Wingstop | |
|---|---|---|
| Latest fiscal year | FY2026, Aug 31, 2026 | FY2025, Dec 27, 2025 |
| Revenue | $328M | $697M |
| Revenue growth | 16.1% | 11.3% |
| Revenue growth a year, last 5 years | 38.3% | 22.9% |
| Gross margin | — | — |
| Operating margin | −2.0% | 25.7% |
| Net margin | −1.4% | 25.0% |
| Free cash flow | −$25M | $106M |
| Free cash flow margin | −7.6% | 15.2% |
| Return on capital | — | 51.0% |
| Net debt to EBITDA | — | 5.0x |
| Dividends and buybacks | $0M | $254M |
| Change in diluted share count | 1.8% | −4.5% |
| Last close | $27.38 | $163.28 |
| P/E at the last close | — | 38.2× |
| Insider trades, last 12 months | — | sold $1.6 million |
| Piotroski F-score | — | 4 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Kura Sushi USAWingstop
Operating margin
Percent of revenue
Kura Sushi USAWingstop
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Kura Sushi USAWingstop
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Kura Sushi USA and Wingstop pages.