Noodles & Company 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 30, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 2, 2024	Jan '23 Jan 3, 2023	Dec '21 Dec 28, 2021	Dec '20 Dec 29, 2020
Revenue	494.09	493.27	503.41	509.48	475.15	393.66
Revenue Growth (YoY)	-0.35%	-2.01%	-1.19%	7.22%	20.70%	-14.87%
Cost of Revenue	426.46	419.35	419.19	429.32	393.08	342.12
Gross Profit	67.63	73.92	84.21	80.17	82.08	51.54
Selling, General & Admin	48.81	50.82	51.83	49.9	47.54	42.88
Depreciation & Amortization Expenses	27.91	29.07	26.79	23.27	22.33	21.71
Other Operating Expenses	25.75	21.81	10.62	7.83	6.39	6.98
Total Operating Expenses	102.47	101.7	89.24	81	76.26	71.57
Operating Income	-34.85	-27.78	-5.03	-0.83	5.82	-20.03
Interest Expense	-10.55	-8.38	-4.8	-2.45	-2.08	-3.15
Total Non-Operating Income (Expense)	-10.55	-8.38	-4.8	-2.45	-2.08	-3.15
Pretax Income	-45.4	-36.16	-9.83	-3.28	3.74	-23.18
Provision for Income Taxes	0.06	0.05	0.02	0.04	0.07	0.08
Net Income	-45.45	-36.21	-9.86	-3.31	3.67	-23.26
Net Income to Common	-45.45	-36.21	-9.86	-3.31	3.67	-23.26
Shares Outstanding (Basic)	6	6	6	6	6	6
Shares Outstanding (Diluted)	6	6	6	6	6	6
Shares Change (YoY)	1.64%	-0.87%	-0.11%	-0.46%	4.18%	-1.57%
EPS (Basic)	-7.92	-6.40	-1.68	-0.56	0.64	-4.24
EPS (Diluted)	-7.92	-6.40	-1.68	-0.56	0.64	-4.24
Free Cash Flow	-15.48	-21.21	-24.55	-24.33	17.39	-2.66
Free Cash Flow Per Share	-2.69	-3.73	-4.28	-4.24	3.02	-0.48
Gross Margin	13.69%	14.99%	16.73%	15.73%	17.27%	13.09%
Operating Margin	-7.05%	-5.63%	-1.00%	-0.16%	1.22%	-5.09%
Profit Margin	-9.20%	-7.34%	-1.96%	-0.65%	0.77%	-5.91%
FCF Margin	-3.13%	-4.30%	-4.88%	-4.78%	3.66%	-0.68%
EBITDA	-6.93	1.29	21.76	22.44	28.15	1.68
EBITDA Margin	-1.40%	0.26%	4.32%	4.40%	5.92%	0.43%
EBIT	-34.85	-27.78	-5.03	-0.83	5.82	-20.03
EBIT Margin	-7.05%	-5.63%	-1.00%	-0.16%	1.22%	-5.09%
Effective Tax Rate	-0.12%	-0.15%	-0.24%	-1.13%	1.87%	-0.36%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q