FAT Brands Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 25, 2022	Dec '21 Dec 26, 2021	Dec '20 Dec 27, 2020
Revenue	574.14	592.65	480.46	407.22	118.88	18.12
Revenue Growth (YoY)	-5.26%	23.35%	17.98%	242.55%	556.15%	-19.49%
Cost of Revenue	385.94	393.13	282.89	221.63	44.24	-
Gross Profit	188.21	199.52	197.57	185.6	74.64	18.12
Selling, General & Admin	154.64	128.56	93.12	113.31	41.78	14.88
Depreciation & Amortization Expenses	37.03	41.53	31.13	27.02	8.47	-
Other Operating Expenses	46.72	81.65	50.99	63.17	23.57	19.51
Operating Income	-80.78	-52.22	22.33	-17.9	0.82	-16.27
Interest Expense	-133.76	-120.58	-99.34	-78.48	-26.86	-3.38
Other Non-Operating Income (Expense)	-19.69	-19.8	-19.35	-11	-9.08	1.09
Total Non-Operating Income (Expense)	-153.45	-140.38	-118.7	-89.47	-35.94	-2.28
Pretax Income	-233.55	-192.6	-96.37	-107.38	-35.12	-18.55
Provision for Income Taxes	-9.45	-2.75	-6.26	18.81	-3.54	-3.69
Net Income	-237.45	-197.63	-97.12	-132.82	-31.58	-14.86
Net Income Attributable to Preferred Dividends	8.9	7.78	7.01	6.64	-	-
Net Income to Common	-237.45	-197.63	-97.12	-132.82	-31.58	-14.86
Shares Outstanding (Basic)	18	17	17	16	15	12
Shares Outstanding (Diluted)	18	17	17	16	15	12
Shares Change (YoY)	4.08%	2.67%	0.75%	12.41%	23.19%	0.63%
EPS (Basic)	-13.35	-11.60	-5.85	-8.06	-2.15	-1.25
EPS (Diluted)	-13.35	-11.60	-5.85	-8.06	-2.15	-1.25
Free Cash Flow	-74.95	-79.05	-54.5	-68.82	-9.74	-11.94
Free Cash Flow Per Share	-4.26	-4.64	-3.28	-4.18	-0.66	-1.00
Dividends Per Share	0.140	0.560	0.560	0.540	0.520	-
Dividend Growth	-75.00%	-	3.70%	3.85%	-	-
Gross Margin	32.78%	33.67%	41.12%	45.58%	62.78%	100.00%
Operating Margin	-14.07%	-8.81%	4.65%	-4.40%	0.69%	-89.78%
Profit Margin	-39.81%	-32.03%	-18.76%	-30.99%	-26.57%	-82.02%
FCF Margin	-13.05%	-13.34%	-11.34%	-16.90%	-8.19%	-65.92%
EBITDA	-43.75	-10.69	53.46	9.11	9.3	-15.09
EBITDA Margin	-7.62%	-1.80%	11.13%	2.24%	7.82%	-83.31%
EBIT	-80.78	-52.22	22.33	-17.9	0.82	-16.27
EBIT Margin	-14.07%	-8.81%	4.65%	-4.40%	0.69%	-89.78%
Effective Tax Rate	4.05%	1.43%	6.49%	-17.52%	10.07%	19.89%

Updated Sep 28, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.