Jun 2026 (Q2 FY26) — Aug 6, 2026
Texas Roadhouse Q2 FY26 — Strong Sales and Traffic Growth Amidst Commodity Headwinds
Read the full callTexas Roadhouse (TXRH) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Texas Roadhouse earnings: last reported Thu, 6 Aug 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,680 | +11.1% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 8.5 | −1.2 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | Quarterly, as filed | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. |
Guidance
What management said, and what became of it
4 of 4 judged targets kept · 23 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Full-year 2026 commodity inflation guidance | approximately 7% | Sep 2025 | we are reducing our full year 2026 commodity inflation guidance from between 6% and 7% to approximately 5% | Revised Up |
| Full-year 2025 capital expenditure guidance | approximately $400 million | Sep 2024 | Pending |
23 of Texas Roadhouse, Inc.'s 27 targets are still open. See which are on track and which have gone quiet. The 2 above are the free sample; 25 more targets are in the full ledger.
Claimed
- Revenue grew 11.1% to nearly $1.7 billion in Q2 FY26.
- Same-store sales increased 6.2% in Q2 FY26, driven by 3% traffic growth.
- Average weekly sales exceeded $175,000 for the first time in company history, with Texas Roadhouse company restaurants averaging over $183,000.
- Full-year 2026 commodity inflation guidance reduced from 6%-7% to approximately 5%.
- 90% of restaurants set daily sales records on one of the three major holidays (Mother's Day, Father's Day, Valentine's Day).
Qualified
- Diluted earnings per share decreased 0.7% to $1.85 in Q2 FY26.
- Restaurant margin as a percentage of total sales decreased 66 basis points to 16.4% year-over-year.
- Food and beverage costs as a percentage of total sales increased 136 basis points to 35.4% due to 7% commodity inflation.
- G&A dollars increased 15.4% compared to Q2 FY25.
- Estimated 75 basis point negative impact to Q4 same-store sales growth due to holiday shifts.
Price
$170.97 +2.60% · +$4.33
Performance +0.7% 1Y
1Y: $169.83 on 14 Oct 2025 → $170.97. High $214.28 (12 Aug 2026), low $155.88 (4 May 2026).
- Previous close
- $166.64
- 52-week range
- $155.88 – $214.28
- One year
- −0.90%
Overview
- Symbol
- TXRH
- Sector
- Consumer Discretionary
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
4 of 4 judged targets kept · 23 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Full-year 2026 commodity inflation guidance | approximately 7% | Sep 2025 | we are reducing our full year 2026 commodity inflation guidance from between 6% and 7% to approximately 5% | Revised Up |
| Full-year 2025 capital expenditure guidance | approximately $400 million | Sep 2024 | Pending |
Claimed
- Revenue grew 11.1% to nearly $1.7 billion in Q2 FY26.
- Same-store sales increased 6.2% in Q2 FY26, driven by 3% traffic growth.
- Average weekly sales exceeded $175,000 for the first time in company history, with Texas Roadhouse company restaurants averaging over $183,000.
- Full-year 2026 commodity inflation guidance reduced from 6%-7% to approximately 5%.
- 90% of restaurants set daily sales records on one of the three major holidays (Mother's Day, Father's Day, Valentine's Day).
Qualified
- Diluted earnings per share decreased 0.7% to $1.85 in Q2 FY26.
- Restaurant margin as a percentage of total sales decreased 66 basis points to 16.4% year-over-year.
- Food and beverage costs as a percentage of total sales increased 136 basis points to 35.4% due to 7% commodity inflation.
- G&A dollars increased 15.4% compared to Q2 FY25.
- Estimated 75 basis point negative impact to Q4 same-store sales growth due to holiday shifts.
The full ledger
Open Texas Roadhouse, Inc.’s full ledger
A free account opens 5 company ledgers a month. All 27 tracked commitments, with each call’s wording and source.
Call summaries
Every analysed call
Texas Roadhouse earnings calls (TXRH)
Financials
What the filings say
| Line item | Sep 2024 | Dec 2024 | Apr 2025 | Jul 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,273 | 1,438 | 1,448 | 1,512 | 1,436 | 1,482 | 1,633 | 1,680 |
| Expenses | 1,171 | 1,299 | 1,313 | 1,366 | 1,339 | 1,385 | 1,487 | 1,537 |
| Operating profit | 102 | 139 | 135 | 146 | 97 | 97 | 146 | 143 |
| Operating margin | 8.0% | 9.6% | 9.3% | 9.7% | 6.8% | 6.5% | 9.0% | 8.5% |
| Profit before tax | 104 | 141 | 136 | 149 | 98 | 98 | 147 | 144 |
| Tax rate | 16.7% | 15.8% | 14.8% | 14.9% | 13.1% | 11.5% | 14.3% | 13.5% |
| EPS ($ per share) | 1.27 | — | 1.71 | 1.87 | 1.25 | — | 1.87 | 1.86 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | 688 | 776 | 782 | 944 | 999 | 1,142 | 1,358 | 1,461 |
| Total liabilities | 509 | 1,052 | 1,382 | 1,438 | 1,498 | 1,636 | 1,817 | 2,068 |
| Fixed assets | 957 | 1,057 | 1,089 | 1,162 | 1,270 | 1,475 | 1,618 | 1,804 |
| Total assets | 1,469 | 1,984 | 2,325 | 2,512 | 2,526 | 2,793 | 3,191 | 3,549 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 353 | 374 | 230 | 469 | 512 | 565 | 754 | 730 |
| Cash from investing | -158 | -215 | -161 | -195 | -264 | -367 | -337 | -483 |
| Cash from financing | -136 | -262 | 186 | -301 | -410 | -267 | -276 | -358 |
| Net cash flow | 59 | -102 | 255 | -28 | -162 | -70 | 141 | -111 |
| Capital expenditure | -156 | -214 | -154 | -201 | -246 | -347 | -354 | -388 |
| Free cash flow | 197 | 160 | 76 | 268 | 266 | 218 | 399 | 342 |
TXRH revenue by segment
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Texas Roadhouse | 93% | 93% | 93% | 93% | 93% | 93% | 93% | 93% | +11.1% |
| Bubba S 33 | 6% | 6% | 6% | 6% | 6% | 6% | 6% | 6% | +12.4% |
| Corporate and Other | — | — | — | — | — | — | 1% | 1% | — |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Insider filings
65 filings between Dec 3, 2025 and Aug 26, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$9.88M
21 sales by 12 insiders
19% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 6
- Award — granted as compensation
- 16
- Option exercise — converted options into shares
- 14
- Tax withheld — shares kept back by the company to cover tax
Also filed: 8 gifts.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Morgan Gerald L. | — | $4.95M | Aug 21, 2026 |
| MOORE GREGORY N | — | $1.38M | Aug 11, 2026 |
| Mujica Hernan E. | — | $850.0K | Mar 13, 2026 |
| Tobin Regina A. | — | $761.0K | Mar 19, 2026 |
| Warfield Curtis | — | $483.3K | May 11, 2026 |
| Carroll Hugh J | — | $468.8K | Aug 25, 2026 |
| EPPS DONNA E | — | $316.0K | Aug 17, 2026 |
| Marshall Lloyd Paul | — | $280.7K | Aug 26, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 26, 2026 | Marshall Lloyd Paul CHIEF GROWTH OFFICER | Sale | 500 | $102.3K |
| Aug 25, 2026 | Carroll Hugh J Director | Sale | 650 | $132.6K |
| Aug 21, 2026 | Morgan Gerald L. CEO, EXECUTIVE VICE CHAIRMAN | Sale 10b5-1 plan | 15,000 | $3.03M |
| Aug 20, 2026 | EPPS DONNA E Director | Gift | 49 | $0 |
| Aug 17, 2026 | EPPS DONNA E Director | Sale | 820 | $169.4K |
| Aug 17, 2026 | EPPS DONNA E Director | Gift | 49 | $0 |
| Aug 17, 2026 | Humpich Keith CHIEF ACCT & FIN SVCS OFFCR | Sale | 819 | $167.2K |
| Aug 11, 2026 | MOORE GREGORY N Director | Sale | 3,000 | $625.0K |
| Jul 2, 2026 | Renfroe Sean G GENERAL COUNSEL | Sale 10b5-1 plan | 426 | $82.0K |
| Jul 2, 2026 | Renfroe Sean G GENERAL COUNSEL | Option exercise 10b5-1 plan | 1,218 | $0 |
| Jul 2, 2026 | Carroll Hugh J Director | Option exercise | 2,667 | $0 |
| Jul 2, 2026 | Humpich Keith CHIEF ACCT & FIN SVCS OFFCR | Tax withheld | 636 | $121.8K |
| Jul 2, 2026 | Humpich Keith CHIEF ACCT & FIN SVCS OFFCR | Option exercise | 2,114 | $0 |
| Jul 2, 2026 | Renfroe Sean G GENERAL COUNSEL | Tax withheld 10b5-1 plan | 367 | $70.3K |
| May 26, 2026 | Colson Christopher C. CHIEF BUSINESS & ADMIN OFFICER | Sale | 499 | $89.4K |
| May 18, 2026 | Abell Jane Grote Director | Sale | 339 | $60.1K |
| May 14, 2026 | Marshall Lloyd Paul CHIEF GROWTH OFFICER | Sale | 1,000 | $178.3K |
| May 11, 2026 | MOORE GREGORY N Director | Sale | 1,250 | $222.7K |
| May 11, 2026 | Warfield Curtis Director | Sale | 2,640 | $483.3K |
| May 11, 2026 | MOORE GREGORY N Director | Gift | 1,000 | $0 |
| Mar 19, 2026 | Tobin Regina A. PRESIDENT | Sale | 4,450 | $761.0K |
| Mar 18, 2026 | Humpich Keith CHIEF ACCT & FIN SVCS OFFCR | Gift | 300 | $0 |
| Mar 16, 2026 | Carroll Hugh J Director | Sale | 988 | $168.9K |
| Mar 13, 2026 | Mujica Hernan E. CHIEF TECHNOLOGY OFFICER | Sale | 5,000 | $850.0K |
| Mar 9, 2026 | Humpich Keith CHIEF ACCT & FIN SVCS OFFCR | Gift | 100 | $0 |
| Mar 9, 2026 | EPPS DONNA E Director | Gift | 30 | $0 |
| Mar 6, 2026 | MOORE GREGORY N Director | Sale | 1,700 | $291.7K |
| Mar 6, 2026 | EPPS DONNA E Director | Sale | 850 | $146.6K |
| Feb 27, 2026 | Morgan Gerald L. CEO, EXECUTIVE VICE CHAIRMAN | Tax withheld | 3,339 | $615.6K |
| Feb 27, 2026 | Morgan Gerald L. CEO, EXECUTIVE VICE CHAIRMAN | Award | 7,535 | $0 |
| Feb 27, 2026 | Colson Christopher C. CHIEF BUSINESS & ADMIN OFFICER | Tax withheld | 508 | $93.7K |
| Feb 27, 2026 | Colson Christopher C. CHIEF BUSINESS & ADMIN OFFICER | Award | 1,689 | $0 |
| Feb 27, 2026 | Tobin Regina A. PRESIDENT | Award | 2,598 | $0 |
| Feb 27, 2026 | Doster Travis C. CHIEF COMMUNICATIONS OFFICER | Tax withheld | 508 | $93.7K |
| Feb 27, 2026 | Marshall Lloyd Paul CHIEF GROWTH OFFICER | Award | 1,529 | $0 |
| Feb 27, 2026 | Mujica Hernan E. CHIEF TECHNOLOGY OFFICER | Tax withheld | 508 | $93.7K |
| Feb 27, 2026 | Doster Travis C. CHIEF COMMUNICATIONS OFFICER | Award | 1,689 | $0 |
| Feb 27, 2026 | Marshall Lloyd Paul CHIEF GROWTH OFFICER | Tax withheld | 373 | $68.8K |
| Feb 27, 2026 | Tobin Regina A. PRESIDENT | Tax withheld | 946 | $174.4K |
| Feb 27, 2026 | Mujica Hernan E. CHIEF TECHNOLOGY OFFICER | Award | 1,689 | $0 |
| Jan 20, 2026 | Morgan Gerald L. CEO, EXECUTIVE VICE CHAIRMAN | Sale 10b5-1 plan | 5,000 | $980.0K |
| Jan 12, 2026 | Morgan Gerald L. CEO, EXECUTIVE VICE CHAIRMAN | Sale 10b5-1 plan | 5,000 | $935.6K |
| Jan 8, 2026 | Morgan Gerald L. CEO, EXECUTIVE VICE CHAIRMAN | Tax withheld | 5,139 | $929.1K |
| Jan 8, 2026 | Morgan Gerald L. CEO, EXECUTIVE VICE CHAIRMAN | Option exercise | 11,600 | $0 |
| Jan 8, 2026 | Colson Christopher C. CHIEF BUSINESS & ADMIN OFFICER | Tax withheld | 782 | $141.4K |
| Jan 8, 2026 | Colson Christopher C. CHIEF BUSINESS & ADMIN OFFICER | Option exercise | 2,600 | $0 |
| Jan 8, 2026 | Crawford Michael Anthony Director | Option exercise | 1,200 | $0 |
| Jan 8, 2026 | EPPS DONNA E Director | Option exercise | 1,200 | $0 |
| Jan 8, 2026 | Warfield Curtis Director | Option exercise | 1,200 | $0 |
| Jan 8, 2026 | WIDMER KATHY Director | Option exercise | 1,200 | $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.
Your own record
Start an Inve Case for Texas Roadhouse, Inc.
Free account. Everything above stays public.
Write why you follow Texas Roadhouse, Inc. and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading