---
title: "Noodles & Company Q2 2026: Revenue $127.0M, System-wide comps +10.3%, Adjusted EBITDA $10.8M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293754428.md"
description: "Noodles & Company reported Q2 2026 revenue of $127.0M, up 0.5% YoY, with system-wide comps rising 10.3%. Despite a net loss of $4.0M, adjusted EBITDA surged 79% to $10.8M. Management raised full-year guidance, citing margin improvements and strong traffic. The company plans to close 30-35 company-owned and five franchised restaurants in 2026 as part of portfolio optimization, while aiming to reduce debt using free cash flow."
datetime: "2026-07-24T12:03:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293754428.md)
  - [en](https://longbridge.com/en/news/293754428.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293754428.md)
generator: "portal-rs"
---

# Noodles & Company Q2 2026: Revenue $127.0M, System-wide comps +10.3%, Adjusted EBITDA $10.8M

Noodles & Company reported second-quarter 2026 results with total revenue of $127.0 million and system-wide comparable restaurant sales up 10.3%. The company posted a net loss of $4.0 million (loss per diluted share $0.67) while adjusted EBITDA rose to $10.8 million. Management raised full-year 2026 guidance and highlighted continued comparable-sales momentum and margin improvement.

**Financial Highlights**

-   Total revenue: $127.0 million for Q2 2026, up 0.5% from $126.4 million in Q2 2025.
-   Net loss: $4.0 million for Q2 2026, or $0.67 loss per diluted share (Q2 2025 net loss $17.6 million, $3.04 loss per diluted share).
-   Adjusted EBITDA: $10.8 million for Q2 2026, a 79% increase from $6.0 million in Q2 2025.
-   Operating margin: (1.2)% in Q2 2026 versus (11.7)% in Q2 2025.
-   Restaurant contribution margin: 17.2% in Q2 2026 versus 12.8% in Q2 2025.

**Business Highlights**

-   Comparable restaurant sales: System-wide comps increased 10.3%, driven by an 11.4% increase at company-owned restaurants and a 5.5% increase at franchise restaurants.
-   Traffic and momentum: The company reported seven consecutive fiscal quarters of positive comparable-restaurant-sales growth and continued strong traffic; quarter-to-date company-owned comps in Q3 are up ~10%.
-   Portfolio optimization: Company plans to close 30–35 company-owned restaurants and five franchised restaurants in 2026 as part of portfolio optimization.
-   Unit counts: 318 company-owned restaurants and 78 franchise restaurants as of June 30, 2026, reflecting ongoing refranchising and optimization activity.
-   Liquidity and capital actions: As of June 30, 2026, cash and cash equivalents were $1.3 million, outstanding debt was $105.4 million, and $16.6 million was available under the revolving credit facility; management expects to use free cash flow to reduce debt toward a target at or below three times 2026 adjusted EBITDA.

Original SEC Filing: NOODLES & Co \[ NDLS \] - 8-K - Jul. 24, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**