Cava (CAVA) Operating Expenses (2022 - 2026)
Cava (CAVA) recorded Operating Expenses of $341.59 million in Q2 2026, up 30.9% from $260.97 million a year earlier.
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Analysis
Cava (CAVA) Operating Expenses (2022 - 2026) Analysis & Trends
On a TTM basis, Cava's Operating Expenses came in at $1.15 billion as of Jul 12, 2026, up 11.6% year-over-year; for FY2025, it was $1.12 billion, up 22.1% from FY2024.
- Annual Operating Expenses has increased for four straight years, with a four-year compound annual growth rate of 19.4% (FY2021 to FY2025).
- Across earlier years, Operating Expenses came in at $920.6 million in FY2024 (+27.2%), $723.98 million in FY2023 (+16.0%), $623.89 million in FY2022 (+12.9%) and $552.82 million in FY2021.
- The Q2 2026 figure is the highest quarterly Operating Expenses in data going back to Q2 2022.
- The year-over-year growth in Operating Expenses has ranged between 14.0% (Q3 2023) and 33.2% (Q3 2024) over the last five years.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 171.96 Bn | 166.78 Bn | 6.42 Bn | 3.76 Bn |
| 2 | Starbucks | 110.34 Bn | 97.96 Bn | - | 8.42 Bn |
| 3 | Yum Brands | 41.48 Bn | 38.36 Bn | 1.47 Bn | 1.51 Bn |
| 4 | Chipotle Mexican Grill | 39.00 Bn | 34.98 Bn | - | 2.82 Bn |
| 5 | Restaurant Brands International | 25.80 Bn | 21.35 Bn | 1.38 Bn | 1.80 Bn |
| 6 | Darden Restaurants | 24.38 Bn | 23.48 Bn | 1.68 Bn | 2.88 Bn |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 1.80 Bn |
| 8 | Yum China Holdings | 15.57 Bn | 9.23 Bn | 537.00 Mn | 2.79 Bn |
| 9 | Texas Roadhouse | 11.21 Bn | 10.55 Bn | - | 1.54 Bn |
| 10 | Cava | 6.47 Bn | 4.86 Bn | 95.58 Mn | 341.59 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 12, 2026 | 341.59 Mn |
| 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 |
API Access
Cava Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=CAVA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "CAVA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=CAVA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();