Growth Metrics

Cava (CAVA) Operating Expenses (2022 - 2025)

Cava recorded quarterly Operating Expenses of $272.2 million in Q4 2025, down 1.07% quarter-over-quarter from $275.1 million in Q4 2025, and up 21.81% year-over-year from $223.4 million in Q4 2024.

Cava's Operating Expenses history runs 4 years deep, the most recent figure standing at $272.2 million for Q4 2025.

  • In Q4 2025, Operating Expenses rose 21.81% year-over-year to $272.2 million; the TTM figure through Dec 2025 stood at $1.1 billion (up 22.14% YoY), while the FY2025 annual figure was $1.1 billion, up 22.14% from the prior year.
  • Operating Expenses came in at $272.2 million for Q4 2025 at Cava, down from $275.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $316.1 million in Q2 2025 to a low of $144.3 million in Q3 2022.
  • A 4-year average of $214.3 million and a median of $217.4 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses rose 14.04% in 2023 and soared 33.16% in 2024, its largest moves.
  • Cava's Operating Expenses stood at $149.2 million in 2022, then climbed by 19.77% to $178.8 million in 2023, then climbed by 25.0% to $223.4 million in 2024, then increased by 21.81% to $272.2 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods registered $272.2 million, $275.1 million, and $261.0 million for Q4 2025, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Starbucks 110.27 Bn 108.58 Bn 9.40 Bn 8.75 Bn
2 Yum Brands 40.90 Bn 40.21 Bn 1.38 Bn 1.42 Bn
3 Chipotle Mexican Grill 39.62 Bn 38.75 Bn 2.61 Bn 2.69 Bn
4 Restaurant Brands International 25.25 Bn 25.79 Bn 2.14 Bn 1.66 Bn
5 Darden Restaurants 23.41 Bn 23.17 Bn 3.31 Bn 2.94 Bn
6 Yum China Holdings 15.07 Bn 13.64 Bn 3.24 Bn 2.82 Bn
7 Texas Roadhouse 11.59 Bn 11.39 Bn 1.40 Bn 1.49 Bn
8 Dominos Pizza 10.51 Bn 10.27 Bn 464.51 Mn 111.41 Mn
9 Cava 8.67 Bn 8.28 Bn 797.57 Mn 272.18 Mn
10 Dutch Bros 7.47 Bn 7.43 Bn 107.48 Mn 430.11 Mn

Historic Data

Download Data 🔒
DateValue
Dec 28, 2025 272.18 Mn
Oct 5, 2025 275.12 Mn
Jul 13, 2025 260.97 Mn
Apr 20, 2025 316.12 Mn
Dec 29, 2024 223.44 Mn
Oct 6, 2024 230.05 Mn
Jul 14, 2024 217.35 Mn
Apr 21, 2024 249.75 Mn
Dec 31, 2023 178.75 Mn
Oct 1, 2023 172.76 Mn
Jul 9, 2023 167.13 Mn
Apr 16, 2023 205.34 Mn
Dec 25, 2022 149.25 Mn
Oct 2, 2022 151.48 Mn
Jul 10, 2022 144.25 Mn