gross profit bridgeinconsistent2019-12-31
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.
Revenue
$495.09M
Fiscal year ended 2025-12-30Operating income
-$31.59M
Fiscal year ended 2025-12-30Free cash flow
-$5.11M
Fiscal year ended 2025-12-30NOODLES & Co (NDLS) reported revenue of $495.09M and net income of -$42.57M for the fiscal year ended 2025-12-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from NOODLES & Co’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Retail-Eating Places.
Income
| Metric | 2025-12-30 | 2024-12-31 | 2024-01-02 | 2023-01-03 | 2021-12-28 | 2020-12-29 | 2019-12-31 | 2019-01-01 | 2018-01-02 | 2017-01-03 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $495.09M | $493.27M | $503.40M | $509.48M | $475.15M | $393.66M | $462.41M | $457.84M | $456.49M | $487.47M |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $117.18M | $121.10M | $121.47M | $130.63M |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $335.02M | $356.84M |
| Operating income | -$31.59M | -$27.78M | -$5.03M | -$832.00K | $5.82M | -$20.03M | $5.44M | -$3.76M | -$33.85M | -$67.53M |
| Net income | -$42.57M | -$36.21M | -$9.86M | -$3.31M | $3.66M | -$23.26M | $1.65M | -$8.44M | -$37.48M | -$71.68M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 5.79M | shares 5.68M | shares 5.73M | shares 45.91M | shares 46.13M | shares 44.27M | shares 44.98M | shares 42.33M | shares 37.76M | shares 27.81M |
| Pretax income | -$42.50M | -$36.16M | -$9.83M | -$3.28M | $3.74M | -$23.18M | $1.75M | -$8.69M | -$37.69M | -$70.44M |
| Income tax expense | $64.00K | $54.00K | $24.00K | $37.00K | $70.00K | $84.00K | $104.00K | -$248.00K | -$207.00K | $1.23M |
| Diluted EPS | $-7.36 | $-6.37 | $-1.72 | $-0.07 | $0.08 | $-0.53 | $0.04 | $-0.20 | $-1.20 | $-2.58 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | $49.14M | $50.82M | $51.83M | $49.90M | $47.54M | $42.88M | $43.45M | $46.09M | $39.75M | $55.65M |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-30 | 2024-12-31 | 2024-01-02 | 2023-01-03 | 2021-12-28 | 2020-12-29 | 2019-12-31 | 2019-01-01 | 2018-01-02 | 2017-01-03 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $1.26M | $1.15M | $3.01M | $1.52M | $2.26M | $7.84M | $10.46M | $4.66M | $3.36M | $1.84M |
| Total assets | $261.67M | $324.65M | $368.10M | $343.84M | $341.46M | $353.63M | $378.52M | $172.03M | $185.23M | $209.46M |
| Current assets | $18.89M | $20.19M | $22.62M | $21.64M | $22.56M | $23.71M | $29.32M | $23.35M | $22.06M | $25.79M |
| Total liabilities | $306.98M | $330.23M | $340.94M | $305.48M | $303.83M | $323.93M | $327.95M | $119.35M | $149.37M | $183.64M |
| Current liabilities | $61.84M | $65.72M | $67.51M | $64.11M | $76.58M | $58.13M | $58.03M | $33.15M | $43.87M | $49.03M |
| Total equity incl. NCI | -$45.30M | -$5.58M | $27.16M | $38.36M | $37.63M | $29.70M | $50.57M | $52.68M | $35.86M | $25.82M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $0 | $0 |
| Inventory | $10.22M | $10.50M | $10.25M | $10.04M | $9.40M | $9.64M | $9.87M | $9.65M | $9.93M | $11.28M |
| Accounts receivable | $4.06M | $4.06M | $5.14M | $6.44M | $3.96M | $3.43M | $3.50M | $2.39M | $2.43M | $5.44M |
| Goodwill | $7.15M | $7.15M | $7.15M | $7.15M | $7.15M | $7.15M | $7.15M | $6.40M | $6.40M | $6.40M |
| Long-term debt | $108.78M | $100.74M | $80.22M | $46.05M | $18.93M | $40.95M | $40.50M | $44.18M | $57.62M | $84.68M |
| Accounts payable | $16.54M | $13.19M | $16.69M | $15.31M | $15.54M | $6.40M | $9.35M | $7.85M | $10.93M | $10.60M |
Cash flow
| Metric | 2025-12-30 | 2024-12-31 | 2024-01-02 | 2023-01-03 | 2021-12-28 | 2020-12-29 | 2019-12-31 | 2019-01-01 | 2018-01-02 | 2017-01-03 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $7.28M | $7.56M | $27.50M | $9.56M | $36.16M | $9.12M | $30.06M | $5.35M | $4.10M | $24.74M |
| Capital expenditures | $12.40M | $28.77M | $52.04M | $33.89M | $18.78M | $11.78M | $17.40M | $14.34M | $20.83M | $43.34M |
| Investing cash flow | -$12.40M | -$26.71M | -$51.80M | -$32.31M | -$18.37M | -$10.94M | -$18.44M | -$13.84M | -$20.83M | -$42.76M |
| Financing cash flow | $5.23M | $17.29M | $25.80M | $22.02M | -$23.38M | -$798.00K | -$5.82M | $9.79M | $18.26M | $17.90M |
| Net change in cash | $116.00K | -$1.86M | $1.49M | -$732.00K | -$5.58M | -$2.62M | $5.80M | $1.29M | $1.52M | -$75.00K |
| Stock-based compensation | $3.00M | $3.61M | $4.24M | $4.33M | $4.11M | $2.50M | $2.44M | $2.98M | $1.51M | $2.32M |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | $0 | $0 | $4.98M | $0 | $0 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $27.05M | $29.07M | $26.79M | $23.27M | $22.33M | $21.71M | $22.09M | $22.87M | $24.61M | $28.13M |
Derived
| Metric | 2025-12-30 | 2024-12-31 | 2024-01-02 | 2023-01-03 | 2021-12-28 | 2020-12-29 | 2019-12-31 | 2019-01-01 | 2018-01-02 | 2017-01-03 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | -$5.11M | -$21.21M | -$24.55M | -$24.33M | $17.39M | -$2.66M | $12.66M | -$8.99M | -$16.73M | -$18.60M |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | 73.4% | 73.2% |
| Operating margin | -6.4% | -5.6% | -1.0% | -0.2% | 1.2% | -5.1% | 1.2% | -0.8% | -7.4% | -13.9% |
| FCF margin | -1.0% | -4.3% | -4.9% | -4.8% | 3.7% | -0.7% | 2.7% | -2.0% | -3.7% | -3.8% |
| SBC / revenue | 0.6% | 0.7% | 0.8% | 0.8% | 0.9% | 0.6% | 0.5% | 0.7% | 0.3% | 0.5% |
| Current ratio | 0.31x | 0.31x | 0.34x | 0.34x | 0.29x | 0.41x | 0.51x | 0.70x | 0.50x | 0.53x |
| Revenue YoY growth | 0.4% | -2.0% | -1.2% | 7.2% | 20.7% | -14.9% | 1.0% | 0.3% | -6.4% | Unavailable |
| Net margin | -8.6% | -7.3% | -2.0% | -0.7% | 0.8% | -5.9% | 0.4% | -1.8% | -8.2% | -14.7% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 2.5% | 5.8% | 10.3% | 6.7% | 4.0% | 3.0% | 3.8% | 3.1% | 4.6% | 8.9% |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | Unavailable | Unavailable | Unavailable | 1.9% | Unavailable | 5.9% | Unavailable | Unavailable | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open NDLS in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-07-24View SEC filing
10-Q · Filed 2026-05-07View SEC filing
10-K · Filed 2026-03-26View SEC filing
10-Q · Filed 2025-11-06View SEC filing
10-Q · Filed 2025-08-14View SEC filing
10-Q · Filed 2025-05-08View SEC filing
Reconciliation checks needing review
2 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
gross profit bridgeinconsistent2019-01-01
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.