The Cheesecake Factory Incorporated (CAKE)

The Cheesecake Factory Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Jan 2, 2024	Jan 3, 2023	Dec 28, 2021	Dec 29, 2020
Revenue	3,711	3,582	3,440	3,303	2,928	1,983
Revenue Growth (YoY)	4.90%	4.13%	4.13%	12.83%	47.62%	-20.12%
Cost of Revenue	2,218	2,174	2,131	2,112	1,726	1,237
Gross Profit	1,493	1,407	1,309	1,191	1,202	746.31
Selling, General & Admin	493.6	473.81	450.41	427.81	392.16	346.35
Other Operating Expenses	642.66	609.95	589.65	570.15	585.97	427.05
Operating Expenses	1,275	1,213	1,159	1,107	1,082	875.58
Operating Income	218.46	194.39	149.72	83.69	119.97	-129.28
Interest Expense	-9.59	-10.11	-10.16	-7.49	-10.7	-8.6
Other Non Operating Income (Expenses)	2.32	2.84	1.61	1.45	-	-
EBT Excluding Unusual Items	211.2	187.12	141.16	77.65	109.27	-137.88
Merger & Restructuring Charges	-	-	-	-	-	-2.7
Impairment of Goodwill	-	-	-	-	-	-79.4
Asset Writedown	-15.72	-13.65	-29.46	-31.39	-18.14	-139.93
Other Unusual Items	-17.95	-2.43	-11.69	-13.37	-19.51	3.87
Pretax Income	177.53	171.05	100.01	32.89	71.62	-356.04
Income Tax Expense	16.72	14.26	-1.34	-10.23	-0.75	-102.67
Net Income	160.81	156.78	101.35	43.12	72.37	-253.37
Preferred Dividends & Other Adjustments	-	-	-	-	23.24	23.74
Net Income to Common	160.81	156.78	101.35	43.12	49.13	-277.11
Net Income Growth	25.33%	54.69%	135.03%	-40.42%	-	-
Shares Outstanding (Basic)	47	48	48	50	48	44
Shares Outstanding (Diluted)	49	49	49	50	49	44
Shares Change (YoY)	0.35%	-0.15%	-2.71%	3.92%	10.58%	-1.52%
EPS (Basic)	3.41	3.28	2.10	0.87	1.03	-6.32
EPS (Diluted)	3.29	3.20	2.07	0.86	1.01	-6.32
EPS Growth	24.69%	54.59%	140.70%	-15.23%	-	-
Free Cash Flow	159.48	107.96	66.84	49.46	146.06	-47.42
Free Cash Flow Per Share	3.26	2.20	1.36	0.98	3.01	-1.08
Dividend Per Share	1.080	1.080	1.080	0.810	-	0.360
Dividend Growth	-	-	33.33%	-	-	-73.91%
Gross Margin	40.24%	39.30%	38.05%	36.06%	41.05%	37.63%
Operating Margin	5.89%	5.43%	4.35%	2.53%	4.10%	-6.52%
Profit Margin	4.33%	4.38%	2.95%	1.31%	1.68%	-13.97%
Free Cash Flow Margin	4.30%	3.01%	1.94%	1.50%	4.99%	-2.39%
EBITDA	324.86	295.44	243.25	174.47	208.52	-38.46
EBITDA Margin	8.75%	8.25%	7.07%	5.28%	7.12%	-1.94%
D&A For EBITDA	106.4	101.05	93.54	90.78	88.55	90.82
EBIT	218.46	194.39	149.72	83.69	119.97	-129.28
EBIT Margin	5.89%	5.43%	4.35%	2.53%	4.10%	-6.52%
Effective Tax Rate	9.42%	8.34%	-	-	-	-
Advertising Expenses	-	36.5	34.7	24	19.9	16

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q