Cheesecake Factory CAKE
NASDAQ CAKE
$101.11 -2.50 (-2.41%)
As of: Sep 10, 2026 · 3:59 PM EDT

Cheesecake Factory (CAKE) Operating Expenses (2009 - 2026)

Cheesecake Factory's (CAKE) quarterly Operating Expenses came in at $951.0 million in Q2 2026, up 6.74% year-over-year from $891.0 million in Q2 2025, and up 2.95% quarter-over-quarter from $923.8 million in Q1 2026.

Analysis

Cheesecake Factory (CAKE) Operating Expenses (2009 - 2026) Analysis & Trends

Cheesecake Factory has disclosed Operating Expenses across 18 years of filings, most recently posting $951.0 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 6.74% year-over-year to $951.0 million; the TTM figure through Jun 2026 stood at $3.7 billion (up 5.78% YoY), while the FY2025 annual figure was $3.6 billion, up 4.73% from the prior year.
  • Operating Expenses came in at $951.0 million for Q2 2026 at Cheesecake Factory, up from $923.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $974.6 million in Q1 2024 to a low of $765.4 million in Q1 2022.
  • Average Operating Expenses over 5 years is $860.9 million, with a median of $851.9 million recorded in 2024.
  • Year-over-year, Operating Expenses grew 23.73% in 2022 and slipped 10.29% in 2024.
  • Over 5 years, Operating Expenses stood at $786.2 million in 2022, then rose by 3.18% to $811.2 million in 2023, then rose by 7.79% to $874.3 million in 2024, then climbed by 6.18% to $928.3 million in 2025, then advanced by 2.45% to $951.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $951.0 million in Q2 2026, $923.8 million in Q1 2026, and $928.3 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Darden Restaurants 24.00 Bn 23.78 Bn 3.68 Bn 3.20 Bn
2 Texas Roadhouse 11.89 Bn 11.69 Bn 1.44 Bn 1.54 Bn
3 Brinker International 9.37 Bn 9.26 Bn 1.14 Bn 1.37 Bn
4 Cheesecake Factory 4.71 Bn 4.52 Bn 756.95 Mn 951.03 Mn
5 BJs RESTAURANTS 1.26 Bn 1.25 Bn 289.79 Mn 370.45 Mn
6 Cracker Barrel Old Country Store 1.10 Bn 1.08 Bn 556.39 Mn -
7 Bloomin' Brands 742.22 Mn 675.61 Mn 709.41 Mn 977.55 Mn
8 Super Hi International Holding 708.98 Mn 437.25 Mn - -
9 Dine Brands Global 339.60 Mn 189.30 Mn 91.20 Mn 79.50 Mn
10 Red Robin Gourmet Burgers 141.67 Mn 118.82 Mn 213.56 Mn 271.40 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 951.03 Mn
Mar 31, 2026 923.79 Mn
Dec 30, 2025 928.32 Mn
Sep 30, 2025 869.96 Mn
Jul 1, 2025 891.00 Mn
Apr 1, 2025 875.24 Mn
Dec 31, 2024 874.33 Mn
Oct 1, 2024 831.77 Mn
Jul 2, 2024 845.35 Mn
Apr 2, 2024 851.93 Mn
Jan 2, 2024 974.64 Mn
Oct 3, 2023 811.18 Mn
Jul 4, 2023 818.70 Mn
Apr 4, 2023 832.19 Mn
Sep 27, 2022 786.21 Mn
Jun 28, 2022 804.70 Mn
Mar 29, 2022 765.39 Mn
Dec 28, 2021 775.71 Mn
Sep 28, 2021 723.10 Mn
Jun 29, 2021 727.84 Mn