Revenue
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
NOODLES & Co (NDLS)
Price$14.55Cached quote
Net income
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $495.1M | $493.3M | $503.4M | $509.5M | $475.2M | $393.7M | $462.4M | $457.8M | $456.5M | $487.5M | $455.5M | $403.7M | $350.9M | $300.4M | $256.1M |
| Gross profit | $71.1M | $73.9M | $84.2M | $80.2M | — | — | $345.2M | $336.7M | $335.0M | $356.8M | — | — | — | — | — |
| Gross margin | 14.36% | 14.99% | 16.73% | 15.73% | — | — | 74.66% | 73.55% | 73.39% | 73.20% | — | — | — | — | — |
| Operating expenses | $526.7M | $521.0M | $508.4M | $510.3M | $469.3M | $413.7M | $457.0M | $461.6M | $490.3M | $555.0M | $476.5M | $384.8M | $336.7M | $284.4M | $244.1M |
| Operating income | −$31.6M | −$27.8M | −$5.0M | −$832,000 | $5.8M | −$20.0M | $5.4M | −$3.8M | −$33.9M | −$67.5M | −$21.1M | $18.9M | $14.3M | $16.1M | $12.0M |
| Operating margin | −6.38% | −5.63% | −1.00% | −0.16% | 1.22% | −5.09% | 1.18% | −0.82% | −7.42% | −13.85% | −4.63% | 4.68% | 4.06% | 5.34% | 4.69% |
| EBITDA | −$4.5M | $1.3M | $21.8M | $22.4M | $28.1M | $1.7M | $27.5M | $19.1M | −$9.2M | −$39.4M | $6.7M | $43.7M | $34.9M | $32.8M | $26.5M |
| EBITDA margin | −0.92% | 0.26% | 4.32% | 4.40% | 5.92% | 0.43% | 5.95% | 4.17% | −2.02% | −8.08% | 1.48% | 10.82% | 9.94% | 10.91% | 10.36% |
| Net income | −$42.6M | −$36.2M | −$9.9M | −$3.3M | $3.7M | −$23.3M | $1.6M | −$8.4M | −$37.5M | −$71.7M | −$13.8M | $11.4M | $6.7M | $5.2M | $3.8M |
| Net profit margin | −8.60% | −7.34% | −1.96% | −0.65% | 0.77% | −5.91% | 0.36% | −1.84% | −8.21% | −14.70% | −3.02% | 2.83% | 1.90% | 1.72% | 1.50% |
| Basic EPSper basic share | -$7.36 | -$6.37 | -$1.72 | -$0.56 | $0.64 | -$4.24 | $0.32 | -$1.60 | -$9.60 | -$20.64 | -$3.84 | $3.04 | $2.00 | $1.76 | $1.28 |
| Diluted EPSper diluted share | -$7.36 | -$6.37 | -$1.72 | -$0.56 | $0.64 | -$4.24 | $0.32 | -$1.60 | -$9.60 | -$20.64 | -$3.84 | $2.96 | $1.92 | $1.76 | $1.28 |
Owners
Reported shareholders
18.56%of listed shares
Nantahala Capital Management, LLC1.11M shares · Jun 30, 2026
View holders
| Holder | % owned |
|---|---|
Nantahala Capital Management, LLC | 18.56%1.11M shares |
Hartnett Robert M. | ≈3.69%220.09K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.66%218.59K shares |
WEST THOMAS B | ≈3.17%188.96K shares |
Egan Mary | ≈2.22%132.44K shares |
Davis Scott Gregory | ≈1.99%118.6K shares |
Assenagon Asset Management S.A. | 1.85%110.38K shares |
JANE STREET GROUP, LLC | 1.53%91.3K shares |
Christina Joseph | ≈1.38%82.13K shares |
BlackRock, Inc. | 1.27%75.6K shares |
Kennedy Stephen B | ≈1.24%74K shares |
CITADEL ADVISORS LLC | 1.05%62.4K shares |
GOLDMAN SACHS GROUP INC | 0.94%55.95K shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.84%50.15K shares |
JONES JEFFREY W | ≈0.68%40.71K shares |
MADSEN ANDREW H | ≈0.63%37.53K shares |
RENAISSANCE TECHNOLOGIES LLC | 0.59%35.48K shares |
Hynes Michael | ≈0.56%33.27K shares |
VANGUARD FIDUCIARY TRUST CO | 0.48%28.81K shares |
Centiva Capital, LP | 0.46%27.3K shares |
Percentages use 5.97M shares of this listed class outstanding on Jun 30, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
Source: SEC Form 13F ↗Updated Sep 29, 2026 · Quarterly data