Noodles & Company (NDLS)

Noodles & Company Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 30, 2025	Dec 31, 2024	Jan 2, 2024	Jan 3, 2023	Dec 28, 2021
Revenue	495.69	495.09	493.27	503.41	509.48	475.15
Revenue Growth	0.19%	0.37%	-2.01%	-1.19%	7.22%	20.70%
Cost of Revenue	413.88	424.01	419.35	419.19	429.32	393.08
Gross Profit	81.8	71.08	73.92	84.21	80.17	82.08
Selling, General & Admin	50.29	49.14	50.82	51.83	49.9	47.54
Operating Expenses	75	76.41	81.43	80.84	74.83	70.53
Operating Income	6.8	-5.33	-7.51	3.37	5.33	11.54
Interest Expense	-10.5	-10.92	-8.38	-4.8	-2.45	-2.08
EBT Excluding Unusual Items	-3.7	-16.24	-15.89	-1.43	2.89	9.46
Merger & Restructuring Charges	0.37	0.07	-2.34	-1.2	-1.29	-
Gain (Loss) on Sale of Assets	-2.89	-4.29	-4.49	-4.22	-3.52	-1.06
Asset Writedown	-17.06	-22.04	-13.44	-2.99	-1.36	-4.66
Pretax Income	-23.28	-42.5	-36.16	-9.83	-3.28	3.74
Income Tax Expense	0.05	0.06	0.05	0.02	0.04	0.07
Net Income	-23.33	-42.57	-36.21	-9.86	-3.31	3.67
Net Income to Common	-23.33	-42.57	-36.21	-9.86	-3.31	3.67
Net Income Growth	-	-	-	-	-	-
Shares Outstanding (Basic)	6	6	6	6	6	6
Shares Outstanding (Diluted)	6	6	6	6	6	6
Shares Change	2.33%	1.83%	-0.87%	-0.11%	-0.46%	4.18%
EPS (Basic)	-3.98	-7.36	-6.37	-1.72	-0.58	0.64
EPS (Diluted)	-3.98	-7.36	-6.37	-1.72	-0.58	0.64
EPS Growth	-	-	-	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 30, 2025	Dec 31, 2024	Jan 2, 2024	Jan 3, 2023	Dec 28, 2021
Free Cash Flow	3.76	-5.11	-21.21	-24.55	-24.33	17.39
Free Cash Flow Per Share	0.64	-0.88	-3.73	-4.28	-4.24	3.02
Gross Margin	16.50%	14.36%	14.99%	16.73%	15.73%	17.27%
Operating Margin	1.37%	-1.08%	-1.52%	0.67%	1.05%	2.43%
Profit Margin	-4.71%	-8.60%	-7.34%	-1.96%	-0.65%	0.77%
Free Cash Flow Margin	0.76%	-1.03%	-4.30%	-4.88%	-4.78%	3.66%
EBITDA	31.5	21.72	21.56	30.16	28.6	33.88
EBITDA Margin	6.35%	4.39%	4.37%	5.99%	5.61%	7.13%
D&A For EBITDA	24.7	27.05	29.07	26.79	23.27	22.33
EBIT	6.8	-5.33	-7.51	3.37	5.33	11.54
EBIT Margin	1.37%	-1.08%	-1.52%	0.67%	1.05%	2.43%
Effective Tax Rate	-	-	-	-	-	1.87%
Revenue as Reported	495.69	495.09	493.27	503.41	509.48	475.15

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jul 24, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 9, 2026

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