Noodles & Company Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 30, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 2, 2024	Jan '23 Jan 3, 2023	Dec '21 Dec 28, 2021
Revenue	495.08	495.09	493.27	503.41	509.48	475.15
Revenue Growth (YoY)	-0.12%	0.37%	-2.01%	-1.19%	7.22%	20.70%
Cost of Revenue	418.54	424.01	419.35	419.19	429.32	393.08
Gross Profit	76.54	71.08	73.92	84.21	80.17	82.08
Selling, General & Admin	48.84	49.14	50.82	51.83	49.9	47.54
Depreciation & Amortization Expenses	25.94	27.05	29.07	26.79	23.27	22.33
Other Operating Expenses	27.78	26.49	21.81	10.62	7.83	6.39
Total Operating Expenses	102.56	102.67	101.7	89.24	81	76.26
Operating Income	-26.01	-31.59	-27.78	-5.03	-0.83	5.82
Interest Expense	-10.87	-10.92	-8.38	-4.8	-2.45	-2.08
Total Non-Operating Income (Expense)	-10.87	-10.92	-8.38	-4.8	-2.45	-2.08
Pretax Income	-36.88	-42.5	-36.16	-9.83	-3.28	3.74
Provision for Income Taxes	0.05	0.06	0.05	0.02	0.04	0.07
Net Income	-36.93	-42.57	-36.21	-9.86	-3.31	3.67
Net Income to Common	-36.93	-42.57	-36.21	-9.86	-3.31	3.67
Shares Outstanding (Basic)	6	6	6	6	6	6
Shares Outstanding (Diluted)	6	6	6	6	6	6
Shares Change (YoY)	2.04%	1.83%	-0.87%	-0.11%	-0.46%	4.18%
EPS (Basic)	-6.38	-7.36	-6.37	-1.72	-0.56	0.64
EPS (Diluted)	-6.38	-7.36	-6.37	-1.72	-0.56	0.64
Shares Outstanding	5.89	5.85	5.72	44.99	46.04	45.7
Free Cash Flow	-2.29	-5.11	-21.21	-24.55	-24.33	17.39
Free Cash Flow Per Share	-0.39	-0.88	-3.73	-4.28	-4.24	3.02
Gross Margin	15.46%	14.36%	14.99%	16.73%	15.73%	17.27%
Operating Margin	-5.25%	-6.38%	-5.63%	-1.00%	-0.16%	1.22%
Profit Margin	-7.46%	-8.60%	-7.34%	-1.96%	-0.65%	0.77%
FCF Margin	-0.46%	-1.03%	-4.30%	-4.88%	-4.78%	3.66%
EBITDA	-0.08	-4.54	1.29	21.76	22.44	28.15
EBITDA Margin	-0.02%	-0.92%	0.26%	4.32%	4.40%	5.92%
EBIT	-26.01	-31.59	-27.78	-5.03	-0.83	5.82
EBIT Margin	-5.25%	-6.38%	-5.63%	-1.00%	-0.16%	1.22%
Effective Tax Rate	-0.13%	-0.15%	-0.15%	-0.24%	-1.13%	1.87%

Updated May 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q