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Fat Brands, Inc

Fat Brands, IncFATEarnings & Financial Report

Nasdaq · restaurant

FAT Brands Inc. is an American multi-brand restaurant and sports bar franchise operator headquartered in Beverly Hills, California.

NextMar 19, 2026

FAT Q3 2025 Key Financial Metrics

Revenue

$140.0M

Gross Profit

N/A

Operating Profit

$-17.4M

Net Profit

$-58.2M

Gross Margin

N/A

Operating Margin

-12.4%

Net Margin

-41.6%

YoY Growth

-2.3%

EPS

$-3.39

Financial Flow

Fat Brands, Inc Q3 2025 Financial Summary

Fat Brands, Inc reported revenue of $140.0M for Q3 2025, with a net profit of $-58.2M (-41.6% margin). Cost of goods sold was N/A, operating expenses totaled N/A.

Key Financial Metrics

Total Revenue$140.0M
Net Profit$-58.2M
Gross MarginN/A
Operating Margin-12.4%
Report PeriodQ3 2025

Fat Brands, Inc Annual Revenue by Year

Fat Brands, Inc annual revenue history includes year-by-year totals (for example, 2024 revenue was $592.7M).

YearAnnual Revenue
2024$592.7M
2023$480.5M
2022$407.2M

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$158.6M$152.0M$152.0M$143.4M$145.3M$142.0M$146.8M$140.0M
YoY Growth52.8%43.8%42.4%31.1%-8.4%-6.5%-3.4%-2.3%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$1.39B$1.38B$1.36B$1.34B$1.29B$1.27B$1.25B$1.21B
Liabilities$1.64B$1.68B$1.69B$1.73B$1.74B$1.77B$1.79B$1.80B
Equity$-255.9M$-296.8M$-338.6M$-386.1M$-455.7M$-493.9M$-536.5M$-585.8M

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$-12.6M$-28.4M$-14.2M$-3.2M$-10.4M$-13.2M$-26.9M$-14.5M