Noodles & financials
$13.25−3.95%
Close Sep 30, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 30 | FY24 Dec 31 | FY23 Jan 2 | FY22 Jan 3 | FY21 Dec 28 | FY20 Dec 29 | FY19 Dec 31 | FY18 Jan 1 | FY17 Jan 2 | FY16 Jan 3 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $495.1M | $493.3M | $503.4M | $509.5M | $475.2M | $393.7M | $462.4M | $457.8M | $456.5M | $487.5M |
| Gross profit | $71.1M | $73.9M | $84.2M | $80.2M | $82.1M | $51.5M | $79.1M | $72.4M | $335.0M | $356.8M |
| Gross margin | 14.4% | 15.0% | 16.7% | 15.7% | 17.3% | 13.1% | 17.1% | 15.8% | 73.4% | 73.2% |
| Operating income | -$31.6M | -$27.8M | -$5.0M | -$832.0K | $5.8M | -$13.5M | $13.2M | $3.4M | $3.6M | -$20.2M |
| Net income | -$42.6M | -$36.2M | -$9.9M | -$3.3M | $3.7M | -$23.3M | $1.6M | -$8.4M | -$45.4M | -$71.7M |
| Net margin | −8.6% | −7.3% | −2.0% | −0.7% | 0.8% | −5.9% | 0.4% | −1.8% | −10.0% | −14.7% |
| Diluted EPS | $-7.36 | $-6.37 | $-1.72 | $-0.56 | $0.64 | $-4.24 | $0.32 | $-1.60 | $-9.60 | $-20.64 |
| EBITDA | $21.7M | $21.6M | $30.2M | $28.6M | $33.9M | $8.2M | $35.3M | $26.3M | $28.2M | $7.9M |
| Operating cash flow | $7.3M | $7.6M | $27.5M | $9.6M | $36.2M | $9.1M | $30.1M | $5.3M | $4.1M | $24.7M |
| Free cash flow | -$5.1M | -$21.2M | -$24.5M | -$24.3M | $17.4M | -$2.7M | $12.7M | -$9.0M | -$16.7M | -$18.6M |
| Diluted shares | 5.8M | 5.7M | 5.7M | 5.7M | 5.8M | 5.5M | 5.6M | 5.3M | 4.7M | 3.5M |
Balance sheet
| Period end | Dec 30 | Dec 31 | Jan 2 | Jan 3 | Dec 28 | Dec 29 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.3M | $1.1M | $3.0M | $1.5M | $2.3M | $7.8M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $108.8M | $100.7M | $80.2M | $46.1M | $21.0M | $42.1M |
| Total assets | $261.7M | $324.6M | $368.1M | $343.8M | $341.5M | $353.6M |
| Total liabilities | $307.0M | $330.2M | $340.9M | $305.5M | $303.8M | $323.9M |
| Shareholders' equity | -$45.3M | -$5.6M | $27.2M | $38.4M | $37.6M | $29.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology