Jun 2026 (Q2 FY26) — Jul 24, 2026
Noodles & Company Q2 FY26 — Strongest Performance Since IPO, Raised Full-Year Guidance
Read the full callNoodles & Company earnings: last reported Fri, 24 Jul 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 127 | +0.5% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | -1.2 | +10.5 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | -4.0 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Price
1Y: $7.66 on 22 Oct 2025 → $11.56. High $18.62 (31 Jul 2026), low $3.89 (11 Feb 2026).
Overview
Call summaries
Noodles & Company Q2 FY26 — Strongest Performance Since IPO, Raised Full-Year Guidance
Read the full callEvery analysed call
Financials
Net profit, year on year: +77% (quarter to jun 2026 against jul 2025).
| Line item | Oct 2024 | Dec 2024 | Apr 2025 | Jul 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 123 | 122 | 124 | 126 | 122 | 123 | 124 | 127 |
| Expenses | 128 | 129 | 130 | 141 | 128 | 127 | 125 | 129 |
| Operating profit | -5 | -7 | -6 | -15 | -6 | -4 | -1 | -2 |
| Operating margin | −3.9% | −6.0% | −5.2% | −11.7% | −5.2% | −3.3% | −0.7% | −1.2% |
| Interest | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 |
| Profit before tax | -7 | -10 | -9 | -18 | -9 | -7 | -3 | -4 |
| Tax rate | 1.9% | −0.1% | −0.3% | −0.1% | −0.1% | −0.2% | −0.2% | −0.5% |
| Net profit | -7 | -10 | -9 | -18 | -9 | -7 | -3 | -4 |
| EPS ($ per share) | -0.15 | — | -1.58 | -3.04 | -0.20 | — | -0.58 | -0.67 |
| Line item | Jan 2019 | Dec 2019 | Dec 2020 | Dec 2021 | Jan 2023 | Jan 2024 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | -111 | -115 | -139 | -135 | -138 | -148 | -184 | -227 |
| Total liabilities | 119 | 328 | 324 | 304 | 305 | 341 | 330 | 307 |
| Fixed assets | 139 | 129 | 123 | 119 | 129 | 152 | 137 | 107 |
| Total assets | 172 | 379 | 354 | 341 | 344 | 368 | 325 | 262 |
| Line item | Jan 2019 | Dec 2019 | Dec 2020 | Dec 2021 | Jan 2023 | Jan 2024 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 5 | 30 | 9 | 36 | 10 | 27 | 8 | 7 |
| Cash from investing | -14 | -18 | -11 | -18 | -32 | -52 | -27 | -12 |
| Cash from financing | 10 | -6 | -1 | -23 | 22 | 26 | 17 | 5 |
| Net cash flow | 1 | 6 | -3 | -6 | -1 | 1 | -2 | 0 |
| Capital expenditure | -14 | -17 | -12 | -19 | -34 | -52 | -29 | -12 |
| Free cash flow | -9 | 13 | -3 | 17 | -24 | -25 | -21 | -5 |
19 filings between Feb 24, 2026 and Aug 31, 2026.
Nobody bought or sold NDLS on the open market in this window. The filings below are 9 awards, 9 tax withholdings and 1 other.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 31, 2026 | Christina Joseph CEO and President | Tax withheld | 1,903 | $27.3K |
| Jul 24, 2026 | Hynes Michael Chief Financial Officer | Tax withheld | 544 | $8.4K |
| May 15, 2026 | Christina Joseph CEO and President | Award | 32,359 | $0 |
| May 15, 2026 | Hynes Michael Chief Financial Officer | Tax withheld | 853 | $10.7K |
| May 15, 2026 | Hynes Michael Chief Financial Officer | Award | 12,628 | $0 |
| May 15, 2026 | Kline Corey EVP - Technology | Tax withheld | 416 | $5.2K |
| May 15, 2026 | Kline Corey EVP - Technology | Award | 4,735 | $0 |
| May 15, 2026 | Lockhart Kathryn Rae Chief Accounting Officer | Tax withheld | 416 | $5.2K |
| May 15, 2026 | Lockhart Kathryn Rae Chief Accounting Officer | Award | 4,735 | $0 |
| May 15, 2026 | JONES JEFFREY W Director | Award | 10,655 | $0 |
| May 15, 2026 | MADSEN ANDREW H Director | Award | 7,103 | $0 |
| May 15, 2026 | Peakes Britain Director | Award | 7,103 | $0 |
| May 15, 2026 | Schreiber Elisa Director | Award | 7,103 | $0 |
| May 15, 2026 | Taylor Shawn A Director | Award | 7,103 | $0 |
| May 15, 2026 | Mill Road Capital III, L.P. 10% owner | Other | 7,103 | $0 |
| Mar 14, 2026 | Kline Corey EVP - Technology | Tax withheld | 192 | $1.2K |
| Mar 14, 2026 | Lockhart Kathryn Rae Chief Accounting Officer | Tax withheld | 192 | $1.2K |
| Mar 6, 2026 | MADSEN ANDREW H Director | Tax withheld | 2,111 | $12.6K |
| Feb 24, 2026 | Christina Joseph CEO and President | Tax withheld | 1,483 | $7.9K |
| Aug 31, 2025 | Christina Joseph CEO and President | Award | 250,000 | $0 |
| Jul 24, 2025 | Hynes Michael Chief Financial Officer | Tax withheld | 4,323 | $4.1K |
| May 15, 2025 | Egan Mary Director | Award | 36,000 | $0 |
| Mar 14, 2025 | Kline Corey EVP - Technology | Tax withheld | 1,883 | $2.1K |
| Mar 14, 2025 | WEST THOMAS B Chief Operating Officer | Tax withheld | 5,791 | $6.4K |
| Mar 14, 2025 | Lockhart Kathryn Rae Chief Accounting Officer | Tax withheld | 1,883 | $2.1K |
| Mar 10, 2025 | Christina Joseph President and COO | Award | 160,000 | $0 |
| Mar 6, 2025 | MADSEN ANDREW H Chief Executive Officer | Tax withheld | 16,888 | $21.0K |
| Nov 18, 2024 | Kennedy Stephen B Insider | Award | 50,000 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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