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.<h3>Third Quarter Fiscal 2026 Highlights (compared to prior year period)</h3><ul><li>Net Income: $0.8 million, an increase of 10.8% .</li><li>Income Before Taxes: $1.1 million, an increase of 11.1% .</li><li>Total Revenue: Increased by $0.3 million to $3.2 million, an 8.7% increase .</li><li>Adjusted EBITDA: Increased by $0.2 million to $1.1 million, a 16.4% increase .</li><li>Pizza Inn Domestic Comparable Store Retail Sales: Increased 2.3% .</li><li>Pie Five Domestic Comparable Store Retail Sales: Decreased 11.6% .</li><li>Cash and Short-term Investments: Totaled $12.0 million on March 29, 2026 .</li><li>Pizza Inn Domestic Unit Count: 97, including 82 buffet locations .</li><li>Pizza Inn International Unit Count: 18 .</li><li>Pie Five Domestic Unit Count: 14 .</li></ul><h3>Condensed Consolidated Statements of Income (in thousands)</h3><h4>Three Months Ended March 29, 2026 vs. March 30, 2025</h4><ul><li>General and administrative expenses: $1,468 vs $1,313 .</li><li>Franchise expenses: $747 vs $768 .</li><li>Provision (recovery) for credit losses: $9 vs - $14 .</li><li>Depreciation and amortization expense: $42 vs $44 .</li><li>Total costs and expenses: $2,266 vs $2,111 .</li><li>OPERATING INCOME: $957 vs $855 .</li><li>Interest income: $98 vs $84 .</li><li>Other income: $0 vs $11 .</li><li>INCOME BEFORE TAXES: $1,055 vs $950 .</li><li>Income tax expense: $255 vs $228 .</li><li>NET INCOME: $800 vs $722 .</li></ul><h4>Nine Months Ended March 29, 2026 vs. March 30, 2025</h4><ul><li>General and administrative expenses: $4,365 vs $4,047 .</li><li>Franchise expenses: $2,516 vs $2,592 .</li><li>Provision (recovery) for credit losses: $20 vs - $22 .</li><li>Depreciation and amortization expense: $126 vs $140 .</li><li>Total costs and expenses: $7,027 vs $6,757 .</li><li>OPERATING INCOME: $2,451 vs $2,128 .</li><li>Interest income: $280 vs $253 .</li><li>Other income: $17 vs $15 .</li><li>INCOME BEFORE TAXES: $2,748 vs $2,396 .</li><li>Income tax expense: $666 vs $541 .</li><li>NET INCOME: $2,082 vs $1,855 .</li></ul><h3>Condensed Consolidated Balance Sheets (in thousands)</h3><h4>As of March 29, 2026 vs. June 29, 2025</h4><ul><li>Cash and cash equivalents: $1,145 vs $2,859 .</li><li>Short-term investments: $10,855 vs $7,024 .</li><li>Total current assets: $14,360 vs $11,493 .</li><li>Total assets: $18,581 vs $16,557 .</li><li>Total current liabilities: $1,664 vs $1,740 .</li><li>Total liabilities: $2,134 vs $2,403 .</li><li>Total shareholders’ equity: $16,447 vs $14,154 .</li></ul><h3>Condensed Consolidated Statements of Cash Flows (in thousands)</h3><h4>Nine Months Ended March 29, 2026 vs. March 30, 2025</h4><ul><li>Cash provided by operating activities: $2,050 vs $2,202 .</li><li>Cash used in investing activities: - $3,764 vs - $2,967 .</li><li>Cash used in financing activities: $0 vs - $1,387 .</li><li>Net decrease in cash and cash equivalents: - $1,714 vs - $2,152 .</li><li>Cash and cash equivalents, end of period: $1,145 vs $734 .</li></ul><h3>Adjusted EBITDA Reconciliation (in thousands)</h3><h4>Three Months Ended March 29, 2026 vs. March 30, 2025</h4><ul><li>Net income: $800 vs $722 .</li><li>Interest income: - $98 vs - $84 .</li><li>Income taxes: $255 vs $228 .</li><li>Depreciation and amortization: $42 vs $44 .</li><li>EBITDA: $999 vs $910 .</li><li>Stock-based compensation expense: $111 vs $52 .</li><li>Severance: $8 vs $7 .</li><li>Franchisee default and closed store revenue: - $9 vs - $16 .</li><li>Adjusted EBITDA: $1,109 vs $953 .</li></ul><h4>Nine Months Ended March 29, 2026 vs. March 30, 2025</h4><ul><li>Net income: $2,082 vs $1,855 .</li><li>Interest income: - $280 vs - $253 .</li><li>Income taxes: $666 vs $541 .</li><li>Depreciation and amortization: $126 vs $140 .</li><li>EBITDA: $2,594 vs $2,283 .</li><li>Stock-based compensation expense: $211 vs $178 .</li><li>Severance: $14 vs $12 .</li><li>Franchisee default and closed store revenue: - $28 vs $7 .</li><li>Adjusted EBITDA: $2,791 vs $2,480 .</li></ul><h3>Outlook / Guidance</h3>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 .

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