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NOODLES & Co

NOODLES & CoNDLSEarnings & Financial Report

Nasdaq · retail

Noodles & Company is an American fast-casual restaurant that offers international and American noodle dishes in addition to soups and salads. Noodles & Company was founded in 1995 by Aaron Kennedy and is headquartered in Broomfield, Colorado. The company went public in 2013 and recorded a $457 million revenue in 2017. In mid-2022, there were 458 Noodles & Company locations across 31 states.

NDLS Q3 2025 Key Financial Metrics

Revenue

$122.1M

Gross Profit

N/A

Operating Profit

$-6.3M

Net Profit

$-9.2M

Gross Margin

N/A

Operating Margin

-5.2%

Net Margin

-7.5%

YoY Growth

-4.1%

EPS

$-0.20

Financial Flow

NOODLES & Co Q3 2025 Financial Summary

NOODLES & Co reported revenue of $122.1M for Q3 2025, with a net profit of $-9.2M (-7.5% margin). Cost of goods sold was N/A, operating expenses totaled N/A.

Key Financial Metrics

Total Revenue$122.1M
Net Profit$-9.2M
Gross MarginN/A
Operating Margin-5.2%
Report PeriodQ3 2025

NOODLES & Co Annual Revenue by Year

NOODLES & Co annual revenue history includes year-by-year totals (for example, 2024 revenue was $495.8M).

YearAnnual Revenue
2024$495.8M
2023$515.6M

Income Statement

Q3 2023Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q2 2025Q3 2025
Revenue$125.2M$127.9M$124.3M$121.4M$127.4M$122.8M$123.8M$122.1M
YoY Growth-3.3%N/A-8.9%-3.7%1.8%-4.0%2.0%-4.1%

Balance Sheet

Q3 2023Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q2 2025Q3 2025
Assets$357.6M$368.8M$368.1M$360.4M$346.3M$340.5M$319.4M$280.6M
Liabilities$321.5M$336.3M$340.9M$338.5M$336.6M$336.8M$333.4M$319.5M
Equity$36.1M$32.5M$27.2M$21.9M$9.6M$3.7M$-13.9M$-38.9M

Cash Flow

Q3 2023Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q2 2025Q3 2025
Operating CF$3.2M$16.9M$164000$7.0M$4.7M$5.8M$4.0M$5.2M