NOODLES profit margin NDLS
Gross, operating and net profit as a share of revenue over the last twelve months, from 2013.
- Net margin, 12 months
- −4.7%
- Operating margin, 12 months
- −2.6%
- Net margin on a year earlier
- +4.0 pts
- Peer median
- 1.8%
Over the twelve months to Jun 30, 2026, NOODLES kept −4.7% of its revenue as net profit, with an operating margin of −2.6% and a gross margin of 36.7%.
Five years earlier its net margin was −0.1%.
The median for 8 restaurant stocks of a similar size is 1.8%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −8.6% | −6.4% | 34.3% |
| FY2024 | −7.3% | −5.6% | 34.3% |
| FY2023 | −2.0% | −1.0% | 34.9% |
| FY2022 | −0.7% | −0.2% | 33.6% |
| FY2021 | 0.8% | 1.2% | 34.9% |
| FY2020 | −5.9% | −5.1% | 31.2% |
| FY2019 | 0.4% | 1.2% | n/a |
| FY2018 | −1.8% | −0.8% | n/a |
| FY2017 | −8.2% | −7.4% | n/a |
| FY2016 | −14.7% | −13.9% | n/a |
| FY2015 | −3.0% | −4.6% | n/a |
| FY2014 | 2.8% | 4.7% | n/a |
| FY2013 | 1.9% | 4.1% | n/a |
| FY2012 | 1.7% | 5.3% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −4.7% | +4.0 pts | −2.6% | |
| Q1 FY26 | −7.5% | +0.4 pts | −5.3% | |
| Q4 FY25 | −8.6% | −1.3 pts | −6.4% | |
| Q3 FY25 | −9.2% | −2.6 pts | −7.1% | |
| Q2 FY25 | −8.7% | −3.7 pts | −6.7% | |
| Q1 FY25 | −7.9% | −5.3 pts | −6.1% | |
| Q4 FY24 | −7.3% | −5.4 pts | −5.6% | |
| Q3 FY24 | −6.6% | −6.1 pts | −5.0% | |
| Q2 FY24 | −5.0% | −4.5 pts | −3.6% | |
| Q1 FY24 | −2.6% | −2.6 pts | −1.4% | |
| Q4 FY23 | −2.0% | −1.3 pts | −1.0% | |
| Q3 FY23 | −0.5% | +1.3 pts | 0.3% |
Against its peers
Companies in Restaurants nearest NOODLES' size, closest first, today.
| Company | Profit margin |
|---|---|
| NDLSNOODLES | −4.7% |
| JACKJack in the Box | 2.8% |
| PTLOPortillo's | 1.9% |
| GTIMGood Times Restaurants | 1.7% |
| NATHNathans Famous | 11.8% |
| LOCOEl Pollo Loco | 7.0% |
| BRCBBlack Rock Coffee Bar | 0.7% |
| PZZAPapa Johns International | 1.4% |
| FWRGFirst Watch Restaurant | 1.4% |
| Peer median | 1.8% |
Where NOODLES ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on NOODLES
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.