NOODLES & Co

NDLS Nasdaq SEC CIK 1275158
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Financials

Reported figures only · latest: Q2 2026 USD · US GAAP
Revenue, last quarter $127M +0.5% vs same quarter last year
Net income −$4M +77.5% vs same quarter last year
EPS, diluted −$0.67 +78% vs same quarter last year
Operating cash flow $3.3M +487.9% vs same quarter last year
Revenue by quarter
$122.8M
$121.8M
$123.8M
$126.4M
$122.1M
$122.8M
$123.8M
$127M
Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26

Source: SEC XBRL filings · latest filing

The long view

Fiscal years as reported · SEC XBRL filings, US GAAP
Revenue and net income15 fiscal years
  • Revenue
  • Net income
−$200M$0$200M$400M$600MFY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearRevenueNet income
FY25$495.1M−$42.6M
FY24$493.3M−$36.2M
FY23$503.4M−$9.9M
FY22$509.5M−$3.3M
FY21$475.2M$3.7M
FY20$393.7M−$23.3M
FY19$462.4M$1.6M
FY18$457.8M−$8.4M
FY17$456.5M−$37.5M
FY16$487.5M−$71.7M
FY15$455.5M−$13.8M
FY14$403.7M$11.4M
FY13$350.9M$6.7M
FY12$300.4M$5.2M
FY11$256.1M$3.8M
MarginsShare of revenue
  • Gross margin
  • Operating margin
  • Net margin
−25%0%25%50%75%FY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearGross marginOperating marginNet margin
FY25-−6.4%−8.6%
FY24-−5.6%−7.3%
FY23-−1%−2%
FY22-−0.2%−0.7%
FY21-1.2%0.8%
FY20-−5.1%−5.9%
FY1974.7%1.2%0.4%
FY1873.5%−0.8%−1.8%
FY1773.4%−7.4%−8.2%
FY1673.2%−13.9%−14.7%
FY15-−4.6%−3%
FY14-4.7%2.8%
FY13-4.1%1.9%
FY12-5.3%1.7%
FY11-4.7%1.5%
Free cash flowOperating cash flow minus capital expenditure
−$40M−$20M$0$20MFY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearFree cash flow
FY25−$5.1M
FY24−$21.2M
FY23−$24.5M
FY22−$24.3M
FY21$17.4M
FY20−$2.7M
FY19$12.7M
FY18−$9M
FY17−$16.7M
FY16−$18.6M
FY15−$5.6M
FY14−$7.3M
FY13−$10.8M
FY12−$15.3M
FY11−$2.1M
Returned to shareholdersDividends paid and shares bought back
$0$2M$4M$6MFY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearBuybacks
FY25$0
FY24$0
FY23$5M
FY22$0
FY21$0
FY20-
FY19-
FY18-
FY17-
FY16-
FY15-
FY14-
FY13-
FY12-
FY11-
Net margin vs the sectorMedian of Consumer companies filing with the SEC
  • NOODLES
  • Consumer median
−20%−10%0%10%FY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearNOODLESConsumer median
FY25−8.6%4.6%
FY24−7.3%6.4%
FY23−2%5.9%
FY22−0.7%6.7%
FY210.8%7.9%
FY20−5.9%5.1%
FY190.4%5.3%
FY18−1.8%5.2%
FY17−8.2%4.9%
FY16−14.7%5.5%
FY15−3%5.1%
FY142.8%5.6%
FY131.9%5.9%
FY121.7%5.4%
FY111.5%6.4%

News

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