Darden RestaurantsDRIEarnings & Financial Report
Darden Restaurants, Inc. is an American multi-brand restaurant operator headquartered in Orlando, Florida. Darden has more than 1,800 restaurant locations and more than 175,000 employees, making it the world's largest full-service restaurant company. The company began as an extension of Red Lobster, founded by William Darden and initially backed by General Mills. Red Lobster was later sold in July 2014.
DRI Q2 FY2026 Key Financial Metrics
Revenue
$3.1B
Gross Profit
$581.3M
Operating Profit
$320.4M
Net Profit
$237.2M
Gross Margin
18.7%
Operating Margin
10.3%
Net Margin
7.6%
YoY Growth
7.3%
EPS
$2.03
Darden Restaurants Q2 FY2026 Financial Summary
Darden Restaurants reported revenue of $3.1B (up 7.3% YoY) for Q2 FY2026, with a net profit of $237.2M (up 10.3% YoY) (7.6% margin). Cost of goods sold was $2.5B, operating expenses totaled $260.9M.
Key Financial Metrics
| Total Revenue | $3.1B |
|---|---|
| Net Profit | $237.2M |
| Gross Margin | 18.7% |
| Operating Margin | 10.3% |
| Report Period | Q2 FY2026 |
Revenue Breakdown
Darden Restaurants Q2 FY2026 revenue of $3.1B breaks down across 4 segments, led by Olive Garden Segment at $1.4B (43.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Olive Garden Segment | $1.4B | 43.9% |
| Long Horn Steakhouse Segment | $775.9M | 25.0% |
| Other | $647.3M | 20.9% |
| Fine Dining Segment | $316.2M | 10.2% |
Darden Restaurants Revenue by Segment — Quarterly Trend
Darden Restaurants revenue by segment across the last 4 reported quarters, showing how each business line (such as Olive Garden Segment and Long Horn Steakhouse Segment) has evolved quarter over quarter.
| Segment | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| Olive Garden Segment | $1.4B | $1.4B | $1.4B | $1.3B |
| Long Horn Steakhouse Segment | $775.9M | $854.2M | $833.8M | $768.1M |
| Other | $647.3M | $395.5M | $722.3M | $674.3M |
| Fine Dining Segment | $316.2M | $402.0M | $334.6M | $385.3M |
Darden Restaurants Annual Revenue by Year
Darden Restaurants annual revenue history includes year-by-year totals (for example, 2025 revenue was $12.1B).
Darden Restaurants Quarterly Revenue & Net Profit History
Darden Restaurants results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2026 | $3.1B | +7.3% | $237.2M | 7.6% |
| Q1 FY2026 | $3.0B | +10.4% | $257.8M | 8.5% |
| Q4 FY2025 | $3.3B | +10.6% | $303.9M | 9.3% |
| Q3 FY2025 | $3.2B | +6.2% | $323.4M | 10.2% |
| Q2 FY2025 | $2.9B | +6.0% | $215.1M | 7.4% |
| Q1 FY2025 | $2.8B | +1.0% | $207.2M | 7.5% |
| Q4 FY2024 | $3.0B | +6.8% | $308.1M | 10.4% |
| Q3 FY2024 | $3.0B | +6.8% | $312.9M | 10.5% |
Income Statement
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.97B | $2.96B | $2.76B | $2.89B | $3.16B | $3.27B | $3.04B | $3.10B |
| YoY Growth | 6.8% | 6.8% | 1.0% | 6.0% | 6.2% | 10.6% | 10.4% | 7.3% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $11.36B | $11.32B | $11.36B | $12.52B | $12.56B | $12.59B | $12.76B | $12.94B |
| Liabilities | $9.18B | $9.08B | $9.21B | $10.45B | $10.36B | $10.28B | $10.53B | $10.86B |
| Equity | $2.18B | $2.24B | $2.14B | $2.07B | $2.20B | $2.31B | $2.23B | $2.08B |
Cash Flow
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $585.8M | $426.0M | $273.2M | $388.6M | $588.2M | $457.0M | $342.5M | $320.7M |