---
title: "Rave Restaurant | 8-K: FY2026 Q3 Revenue: USD 3.223 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285558355.md"
datetime: "2026-05-07T13:05:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285558355.md)
  - [en](https://longbridge.com/en/news/285558355.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285558355.md)
---

# Rave Restaurant | 8-K: FY2026 Q3 Revenue: USD 3.223 M

Revenue: As of FY2026 Q3, the actual value is USD 3.223 M.

EPS: As of FY2026 Q3, the actual value is USD 0.06.

EBIT: As of FY2026 Q3, the actual value is USD 859 K.

### Third Quarter Fiscal 2026 Highlights (compared to prior year period)

-   Net Income: $0.8 million, an increase of 10.8% .
-   Income Before Taxes: $1.1 million, an increase of 11.1% .
-   Total Revenue: Increased by $0.3 million to $3.2 million, an 8.7% increase .
-   Adjusted EBITDA: Increased by $0.2 million to $1.1 million, a 16.4% increase .
-   Pizza Inn Domestic Comparable Store Retail Sales: Increased 2.3% .
-   Pie Five Domestic Comparable Store Retail Sales: Decreased 11.6% .
-   Cash and Short-term Investments: Totaled $12.0 million on March 29, 2026 .
-   Pizza Inn Domestic Unit Count: 97, including 82 buffet locations .
-   Pizza Inn International Unit Count: 18 .
-   Pie Five Domestic Unit Count: 14 .

### Condensed Consolidated Statements of Income (in thousands)

#### Three Months Ended March 29, 2026 vs. March 30, 2025

-   General and administrative expenses: $1,468 vs $1,313 .
-   Franchise expenses: $747 vs $768 .
-   Provision (recovery) for credit losses: $9 vs - $14 .
-   Depreciation and amortization expense: $42 vs $44 .
-   Total costs and expenses: $2,266 vs $2,111 .
-   OPERATING INCOME: $957 vs $855 .
-   Interest income: $98 vs $84 .
-   Other income: $0 vs $11 .
-   INCOME BEFORE TAXES: $1,055 vs $950 .
-   Income tax expense: $255 vs $228 .
-   NET INCOME: $800 vs $722 .

#### Nine Months Ended March 29, 2026 vs. March 30, 2025

-   General and administrative expenses: $4,365 vs $4,047 .
-   Franchise expenses: $2,516 vs $2,592 .
-   Provision (recovery) for credit losses: $20 vs - $22 .
-   Depreciation and amortization expense: $126 vs $140 .
-   Total costs and expenses: $7,027 vs $6,757 .
-   OPERATING INCOME: $2,451 vs $2,128 .
-   Interest income: $280 vs $253 .
-   Other income: $17 vs $15 .
-   INCOME BEFORE TAXES: $2,748 vs $2,396 .
-   Income tax expense: $666 vs $541 .
-   NET INCOME: $2,082 vs $1,855 .

### Condensed Consolidated Balance Sheets (in thousands)

#### As of March 29, 2026 vs. June 29, 2025

-   Cash and cash equivalents: $1,145 vs $2,859 .
-   Short-term investments: $10,855 vs $7,024 .
-   Total current assets: $14,360 vs $11,493 .
-   Total assets: $18,581 vs $16,557 .
-   Total current liabilities: $1,664 vs $1,740 .
-   Total liabilities: $2,134 vs $2,403 .
-   Total shareholders’ equity: $16,447 vs $14,154 .

### Condensed Consolidated Statements of Cash Flows (in thousands)

#### Nine Months Ended March 29, 2026 vs. March 30, 2025

-   Cash provided by operating activities: $2,050 vs $2,202 .
-   Cash used in investing activities: - $3,764 vs - $2,967 .
-   Cash used in financing activities: $0 vs - $1,387 .
-   Net decrease in cash and cash equivalents: - $1,714 vs - $2,152 .
-   Cash and cash equivalents, end of period: $1,145 vs $734 .

### Adjusted EBITDA Reconciliation (in thousands)

#### Three Months Ended March 29, 2026 vs. March 30, 2025

-   Net income: $800 vs $722 .
-   Interest income: - $98 vs - $84 .
-   Income taxes: $255 vs $228 .
-   Depreciation and amortization: $42 vs $44 .
-   EBITDA: $999 vs $910 .
-   Stock-based compensation expense: $111 vs $52 .
-   Severance: $8 vs $7 .
-   Franchisee default and closed store revenue: - $9 vs - $16 .
-   Adjusted EBITDA: $1,109 vs $953 .

#### Nine Months Ended March 29, 2026 vs. March 30, 2025

-   Net income: $2,082 vs $1,855 .
-   Interest income: - $280 vs - $253 .
-   Income taxes: $666 vs $541 .
-   Depreciation and amortization: $126 vs $140 .
-   EBITDA: $2,594 vs $2,283 .
-   Stock-based compensation expense: $211 vs $178 .
-   Severance: $14 vs $12 .
-   Franchisee default and closed store revenue: - $28 vs $7 .
-   Adjusted EBITDA: $2,791 vs $2,480 .

### Outlook / Guidance

Rave Restaurant Group, Inc. anticipates continued positive trends and profitability, driven by successful new restaurant openings and reimaging initiatives . The company has thirteen total restaurants currently under contract to open within the next three quarters, with five already under construction . Investments in growth include adding a second franchise salesperson and a Director of Construction to accelerate location count growth .

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- [RAVE.US](https://longbridge.com/en/quote/RAVE.US.md)

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