---
title: "NOODLES | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 123.79 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285431963.md"
datetime: "2026-05-06T20:23:46.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285431963.md)
  - [en](https://longbridge.com/en/news/285431963.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285431963.md)
---

# NOODLES | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 123.79 M

Revenue: As of FY2026 Q1, the actual value is USD 123.79 M, beating the estimate of USD 121.5 M.

EPS: As of FY2026 Q1, the actual value is USD -0.58, beating the estimate of USD -2.16.

EBIT: As of FY2026 Q1, the actual value is USD 1.786 M.

#### First Quarter 2026 Financial Highlights (vs. First Quarter 2025)

-   Total revenue remained flat at $123.8 million.
-   Comparable restaurant sales increased 9.1% system-wide, with company-owned restaurants increasing 9.4% and franchise restaurants increasing 8.0%.
-   Net loss was -$3.4 million, compared to a net loss of -$9.1 million in the first quarter of 2025.
-   Operating margin improved to -0.7% from -5.2% in the prior year period.
-   Restaurant contribution margin was 14.9%, up from 10.3% in the first quarter of 2025.
-   Adjusted EBITDA increased 218% to $7.7 million, compared to $2.4 million in the first quarter of 2025.

#### Liquidity and Balance Sheet Data (as of March 31, 2026)

-   Available cash and cash equivalents were $1.4 million.
-   Outstanding debt totaled $106.8 million.
-   The amount available for future borrowings under its revolving credit facility was $15.2 million.
-   Total current assets were $18,060 thousand.
-   Total assets were $246,315 thousand.
-   Total current liabilities were $64,352 thousand.
-   Total long-term debt was $105,597 thousand.
-   Total liabilities were $294,358 thousand.
-   Total stockholders’ deficit was -$48,043 thousand.

#### Selected Operating Data (as of March 31, 2026)

-   Noodles & Company had 320 company-owned restaurants and 80 franchise restaurants at the end of the period.
-   Company-owned average unit volume was $1,492 thousand.
-   Franchise average unit volume was $1,408 thousand.

#### Business Outlook for Fiscal Year 2026

Noodles & Company projects full-year 2026 total revenue between $483 million and $498 million, with comparable restaurant sales growth of 7.0% to 10.0%. Restaurant level contribution margins are anticipated to be 15.5% to 17.0%, and Adjusted EBITDA is expected to range from $32.5 million to $37.5 million. The company also plans for 30 to 35 company-owned and five franchised restaurant closures, alongside capital expenditures of $9.5 million to $10.5 million.

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