Cava (CAVA) Operating Expenses (2022 - 2025)

Cava (CAVA) reported Operating Expenses of $272.2 million for Q4 2025, up 21.81% on a YoY basis from $223.4 million in Q4 2024, and down 1.07% sequentially from $275.1 million in Q4 2025.

Cava (CAVA) Operating Expenses (2022 - 2025) Analysis & Trends

Cava (CAVA) has 4 years of Operating Expenses data on file, last reported at $272.2 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 21.81% year-over-year to $272.2 million; the trailing twelve-month figure through Dec 2025 stood at $1.1 billion (up 22.14% YoY), and the FY2025 full-year result was $1.1 billion, up 22.14% from the prior year.
  • Operating Expenses declined to $272.2 million in Q4 2025, 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 increased 14.04% in 2023 and surged 33.16% in 2024, its largest moves.
  • Tracing CAVA's Operating Expenses over 4 years: stood at $149.2 million in 2022, then gained by 19.77% to $178.8 million in 2023, then gained by 25.0% to $223.4 million in 2024, then climbed by 21.81% to $272.2 million in 2025.
  • Business Quant data shows CAVA's Operating Expenses at $272.2 million in Q4 2025, $275.1 million in Q4 2025, and $261.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Starbucks 118.28 Bn 116.58 Bn 6.32 Bn 8.75 Bn
2 Yum Brands 41.26 Bn 40.58 Bn 1.38 Bn 1.42 Bn
3 Chipotle Mexican Grill 41.21 Bn 40.34 Bn 2.61 Bn 2.69 Bn
4 Restaurant Brands International 25.26 Bn 24.25 Bn 2.14 Bn 1.66 Bn
5 Darden Restaurants 22.64 Bn 22.40 Bn 3.31 Bn 2.94 Bn
6 Yum China Holdings 15.35 Bn 13.92 Bn 2.31 Bn 2.82 Bn
7 Texas Roadhouse 12.76 Bn 12.54 Bn 1.40 Bn 1.49 Bn
8 Dominos Pizza 11.11 Bn 10.98 Bn 478.23 Mn 115.37 Mn
9 Dutch Bros 8.18 Bn 7.92 Bn 107.48 Mn 430.11 Mn
10 Cava 7.17 Bn 6.78 Bn -345.41 Mn 272.18 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