The program is formatted as an entertainment-based talk show, focusing largely on celebrity news and gossip as well as lifestyle features.
Each episode begins with "Hot Topics", an opening segment — usually running 18 to 21 minutes (originally lasting 10 to 12 minutes until the third season), depending on the number of stories featured — in which Williams mainly discusses tabloid headlines and celebrity news, provides her opinions, often addressing the celebrities directly and giving them advice to the camera. Williams also shares other stories about her life. The segment incorporates a heavier emphasis on stories about reality stars and African-American entertainers (particularly hip-hop, rap and R&B artists) than are covered on traditional entertainment newsmagazine programs. Occasionally, the topics incorporated into the segment may involve current issues and offbeat news items not related to the entertainment industry; Williams periodically deviates from the topic to elaborate on a particular aspect of it that relates to her own life. The studio audience (who are affectionately termed by Williams as her "co-hosts") have some active participation in the segment, with Williams often surveying them through applause about a particular point of the story being discussed.
Periodic segments-within-a-segment are featured during "Hot Topics" including "Wendy's Got You Covered" (detailing cover stories from current issues of entertainment, fashion and lifestyle magazines), the "Hot Shot of the Day" (showcasing a particular celebrity photo), the "Clip of the Day" (usually featuring clips or promos from upcoming television programs) and "Celebrity Shout-Out" (detailing a celebrity-related story highlighting a particular milestone or accomplishment).
In addition to "Hot Topics", the program included other in-depth topical segments incorporating guest contributors including the:
"Inside Scoop" (regularly featuring during the Monday show), featuring a contributor who rotates each week (most of whom are correspondents/hosts of entertainment-related newsmagazine programs or magazines) providing detailed analysis of a selection of celebrity-related stories.
"Hot Talk Panel" (regularly featured during the Thursday or Friday editions) in which Williams and a panel of four journalists discuss news items and current issues ranging from social and political issues to tabloid headlines;
"What's Trending Now", an occasional segment that showcases viral videos, and details the latest fashion and beauty trends and offbeat stories trending on social media; and
After award shows, Williams will have a "Fashion Squad" panel to discuss the fashion at the award show's red carpet.
On the Tuesday, Wednesday, and Thursday editions, Williams interviews a single featured celebrity guest; musical performances are featured occasionally. On Mondays, the show regularly features product giveaways, usually as part of "Trendy@Wendy", a weekly segment showcasing fashion/beauty products and electronics that are given to studio audience members, with at-home viewers being able to purchase the featured items through the show's website at a discount from their estimated retail price.
The remainder of the program heavily incorporates feature segments (many of which are featured in the show's "B"-block) including:
"Ask Wendy", a segment in which Williams gives audience members advice on how to deal with their work, family or relationship problems
"Celebrity Fan-Out", featuring photographs submitted by viewers of their celebrity encounters
"Celebrity Lookalikes", featuring photographs of viewers stating their resemblance to a particular celebrity, with Williams and the studio audience judging the closeness in their resemblance
"Hot Topics Sound-Off" in which up to four audience members give their opinion to Williams about the stories discussed in "Hot Topics" or other topical segments mentioned in that day's episode
"Street Talk" (a man-on-the-street segment in which viewers in public areas in U.S. cities provide their opinions of hypothetical celebrity-related questions, with humorous cutout animations added).