Noodles & Company (NDLS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 123.79M | 122.78M | 122.09M | 126.43M | 123.79M | 121.77M | 122.75M | 127.35M | 121.39M | 124.32M | 127.85M | 125.15M | 126.08M | 136.47M | 129.38M | 131.07M | 112.56M | 114.8M | 125.13M | 125.65M |
| Revenue Growth % | -0.01% | 0.82% | -0.54% | -0.72% | 1.98% | -2.05% | -3.99% | 1.76% | -3.71% | -8.9% | -1.18% | -4.51% | 12.01% | 18.88% | 3.4% | 4.31% | 2.72% | 7.12% | 18.06% | 56.75% |
| Cost of Goods Sold | 77.66M | 205.06M | 79.28M | 83.53M | 83.18M | 105.83M | 104.75M | 105.35M | 103.41M | 103.87M | 104.65M | 104.32M | 106.35M | 113.26M | 108.42M | 108.36M | 99.28M | 98.81M | 100.8M | 100.33M |
| COGS % of Revenue | 62.73% | 167.02% | 64.94% | 66.07% | 67.19% | 86.91% | 85.34% | 82.72% | 85.19% | 83.55% | 81.85% | 83.35% | 84.35% | 82.99% | 83.8% | 82.67% | 88.2% | 86.07% | 80.56% | 79.85% |
| Gross Profit | 46.13M | -82.28M | 42.8M | 42.9M | 40.61M | 15.94M | 18M | 22M | 17.98M | 20.45M | 23.2M | 20.84M | 19.73M | 23.21M | 20.96M | 22.71M | 13.28M | 15.99M | 24.33M | 25.32M |
| Gross Margin % | 37.27% | -67.02% | 35.06% | 33.93% | 32.81% | 13.09% | 14.66% | 17.28% | 14.81% | 16.45% | 18.15% | 16.65% | 15.65% | 17.01% | 16.2% | 17.33% | 11.8% | 13.93% | 19.44% | 20.15% |
| Gross Profit Growth % | 13.59% | -616.21% | 137.84% | 94.96% | 125.82% | -22.05% | -22.43% | 5.6% | -8.83% | -11.91% | 10.69% | -8.24% | 48.5% | 45.16% | -13.85% | -10.3% | -19.2% | -0.94% | 37.47% | 357.4% |
| Operating Expenses | 46.94M | -104.66M | 49.12M | 57.68M | 47M | 23.3M | 22.8M | 33.52M | 22.08M | 25M | 21.17M | 21.12M | 21.95M | 21.38M | 19.43M | 20.83M | 19.36M | 20.34M | 19.01M | 19.11M |
| OpEx % of Revenue | 37.92% | -85.25% | 40.23% | 45.62% | 37.96% | 19.14% | 18.57% | 26.32% | 18.19% | 20.11% | 16.55% | 16.87% | 17.41% | 15.66% | 15.02% | 15.89% | 17.2% | 17.72% | 15.19% | 15.21% |
| Selling, General & Admin | 12.51M | 11.65M | 12.27M | 12.4M | 12.81M | 11.32M | 12.89M | 13.57M | 13.04M | 13.87M | 11.86M | 12.46M | 13.64M | 13.72M | 11.6M | 12.74M | 11.84M | 11.44M | 12.19M | 12.98M |
| SG&A % of Revenue | 10.11% | 9.49% | 10.05% | 9.81% | 10.35% | 9.3% | 10.5% | 10.65% | 10.75% | 11.15% | 9.28% | 9.96% | 10.82% | 10.06% | 8.96% | 9.72% | 10.52% | 9.97% | 9.74% | 10.33% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | -812K | 22.38M | -6.32M | -14.78M | -6.39M | -7.36M | -4.8M | -11.52M | -4.1M | -4.56M | 2.03M | -280K | -2.23M | 1.84M | 1.53M | 1.88M | -6.08M | -4.35M | 5.32M | 6.21M |
| Operating Margin % | -0.66% | 18.23% | -5.18% | -11.69% | -5.16% | -6.05% | -3.91% | -9.04% | -3.37% | -3.66% | 1.59% | -0.22% | -1.77% | 1.35% | 1.18% | 1.43% | -5.4% | -3.79% | 4.25% | 4.94% |
| Operating Income Growth % | 87.29% | 403.94% | -31.65% | -28.3% | -55.93% | -61.63% | -335.99% | -4013.57% | -83.92% | -348.15% | 33.03% | -114.91% | 63.34% | 142.23% | -71.26% | -69.76% | -345.05% | -28.94% | 636.84% | 149.58% |
| EBITDA | 5.17M | 28.6M | 285K | -7.64M | 703K | -283K | 2.45M | -4.15M | 3.27M | 2.92M | 8.66M | 6.16M | 4.02M | 7.79M | 7.36M | 7.64M | -354K | 1.25M | 10.89M | 11.79M |
| EBITDA Margin % | 4.18% | 23.29% | 0.23% | -6.04% | 0.57% | -0.23% | 1.99% | -3.26% | 2.7% | 2.35% | 6.77% | 4.92% | 3.19% | 5.71% | 5.68% | 5.83% | -0.31% | 1.09% | 8.7% | 9.38% |
| EBITDA Growth % | 635.28% | 10204.59% | -88.36% | -84.03% | -78.53% | -109.68% | -71.73% | -167.42% | -18.62% | -62.5% | 17.74% | -19.42% | 1236.44% | 523.02% | -32.47% | -35.17% | -108.38% | -39.39% | 73.89% | 265.35% |
| D&A (Non-Cash Add-back) | 5.98M | 6.21M | 6.6M | 7.14M | 7.09M | 7.08M | 7.25M | 7.37M | 7.37M | 7.48M | 6.63M | 6.44M | 6.25M | 5.96M | 5.83M | 5.76M | 5.72M | 5.6M | 5.57M | 5.58M |
| EBIT | 0 | 22.38M | -6.32M | -14.78M | -6.39M | -7.36M | -4.8M | -11.52M | -4.1M | -4.56M | 2.03M | -280K | -2.23M | 1.84M | 1.53M | 1.88M | -6.08M | -4.35M | 5.32M | 6.21M |
| Net Interest Income | -2.6M | -2.69M | -2.83M | -2.75M | -2.65M | -2.32M | -2.08M | -2M | -1.98M | -1.6M | -1.19M | -1.05M | -961K | -784K | -735K | -489K | -437K | -368K | -594K | -498K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 2.6M | 2.69M | 2.83M | 2.75M | 2.65M | 2.32M | 2.08M | 2M | 1.98M | 1.6M | 1.19M | 1.05M | 961K | 784K | 735K | 489K | 437K | 368K | 594K | 498K |
| Other Income/Expense | -2.6M | -29.18M | -2.83M | -2.75M | -2.65M | -2.32M | -2.08M | -2M | -1.98M | -1.6M | -1.19M | -1.05M | -961K | -784K | -735K | -489K | -437K | -368K | -594K | -498K |
| Pretax Income | -3.41M | -6.79M | -9.15M | -17.53M | -9.03M | -9.69M | -6.88M | -13.52M | -6.08M | -6.16M | 848K | -1.33M | -3.19M | 1.05M | 794K | 1.39M | -6.51M | -4.72M | 4.73M | 5.71M |
| Pretax Margin % | -2.75% | -5.53% | -7.49% | -13.87% | -7.3% | -7.95% | -5.61% | -10.61% | -5% | -4.95% | 0.66% | -1.07% | -2.53% | 0.77% | 0.61% | 1.06% | -5.79% | -4.11% | 3.78% | 4.55% |
| Income Tax | 7K | 15K | 5K | 21K | 23K | 6K | -127K | 110K | 65K | -21K | 148K | -30K | -73K | 77K | -1K | 44K | -83K | 22K | 29K | 29K |
| Effective Tax Rate % | -0.21% | -0.22% | -0.05% | -0.12% | -0.25% | -0.06% | 1.85% | -0.81% | -1.07% | 0.34% | 17.45% | 2.25% | 2.29% | 7.32% | -0.13% | 3.17% | 1.27% | -0.47% | 0.61% | 0.51% |
| Net Income | -3.42M | -6.81M | -9.15M | -17.55M | -9.06M | -9.69M | -6.75M | -13.63M | -6.14M | -6.14M | 700K | -1.3M | -3.12M | 975K | 795K | 1.34M | -6.43M | -4.74M | 4.7M | 5.68M |
| Net Margin % | -2.76% | -5.55% | -7.5% | -13.88% | -7.32% | -7.96% | -5.5% | -10.7% | -5.06% | -4.94% | 0.55% | -1.04% | -2.47% | 0.71% | 0.61% | 1.03% | -5.71% | -4.13% | 3.75% | 4.52% |
| Net Income Growth % | 62.27% | 29.76% | -35.47% | -28.82% | -47.51% | -57.94% | -1065% | -944.86% | -97.11% | -729.44% | -11.95% | -196.95% | 51.55% | 120.58% | -83.07% | -76.33% | -225.19% | -24.06% | 3798.43% | 142.17% |
| Net Income (Continuing) | -3.42M | -6.81M | -9.15M | -17.55M | -9.06M | -9.69M | -6.75M | -13.63M | -6.14M | -6.14M | 700K | -1.3M | -3.12M | 975K | 795K | 1.34M | -6.43M | -4.74M | 4.7M | 5.68M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.58 | -1.16 | -1.60 | -3.04 | -1.60 | -1.68 | -1.20 | -2.40 | -1.12 | -1.12 | 0.12 | -0.22 | -0.54 | 0.17 | 0.14 | 0.24 | -1.12 | -0.80 | 0.80 | 0.96 |
| EPS Growth % | 63.75% | 30.95% | -33.33% | -26.67% | -42.86% | -50% | -1086.84% | -967.62% | -107.41% | -766.67% | -11.63% | -193.67% | 51.79% | 121% | -82.8% | -75% | -219.63% | -15.87% | 3548.28% | 140% |
| EPS (Basic) | -0.58 | -1.16 | -1.60 | -3.04 | -1.60 | -1.68 | -1.20 | -2.40 | -1.12 | -1.12 | 0.12 | -0.22 | -0.54 | 0.17 | 0.14 | 0.24 | -1.12 | -0.80 | 0.80 | 0.96 |
| Diluted Shares Outstanding | 5.86M | 5.85M | 5.81M | 5.77M | 5.72M | 5.68M | 5.7M | 5.68M | 5.63M | 5.62M | 5.75M | 5.8M | 5.76M | 5.8M | 5.77M | 5.76M | 5.72M | 5.71M | 5.8M | 5.78M |
| Basic Shares Outstanding | 5.86M | 5.85M | 5.81M | 5.77M | 5.72M | 5.68M | 5.7M | 5.68M | 5.63M | 5.62M | 5.74M | 5.8M | 5.76M | 5.75M | 5.75M | 5.74M | 5.72M | 5.71M | 5.7M | 5.69M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |