Cava (CAVA) Operating Expenses (2022 - 2026)
Cava's (CAVA) quarterly Operating Expenses came in at $341.6 million in Q3 2026, up 30.89% year-over-year from $261.0 million in Q3 2025, and up 25.5% quarter-over-quarter from $272.2 million in Q4 2025.
Analysis
Cava (CAVA) Operating Expenses (2022 - 2026) Analysis & Trends
Cava has disclosed Operating Expenses across 5 years of filings, most recently posting $341.6 million for Q3 2026.
- In Q3 2026, Operating Expenses rose 30.89% year-over-year to $341.6 million; the TTM figure through Jul 2026 stood at $1.1 billion (up 11.57% YoY), while the FY2025 annual figure was $1.1 billion, up 22.14% from the prior year.
- Operating Expenses came in at $341.6 million for Q3 2026 at Cava, up from $272.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $341.6 million in Q3 2026 to a low of $144.3 million in Q3 2022.
- Average Operating Expenses over 5 years is $222.2 million, with a median of $220.4 million recorded in 2024.
- Year-over-year, Operating Expenses rose 14.04% in 2023 and soared 33.16% in 2024.
- Over 5 years, Operating Expenses stood at $149.2 million in 2022, then advanced by 19.77% to $178.8 million in 2023, then advanced by 25.0% to $223.4 million in 2024, then grew by 21.81% to $272.2 million in 2025, then climbed by 25.5% to $341.6 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $341.6 million in Q3 2026, $272.2 million in Q4 2025, and $275.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 180.09 Bn | 179.27 Bn | 6.42 Bn | 3.76 Bn |
| 2 | Starbucks | 113.83 Bn | 110.22 Bn | 6.49 Bn | 8.42 Bn |
| 3 | Chipotle Mexican Grill | 46.11 Bn | 45.43 Bn | 2.35 Bn | 2.82 Bn |
| 4 | Yum Brands | 39.65 Bn | 38.97 Bn | 1.47 Bn | 1.51 Bn |
| 5 | Restaurant Brands International | 26.78 Bn | 25.72 Bn | 1.89 Bn | 1.80 Bn |
| 6 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 1.80 Bn |
| 7 | Yum China Holdings | 14.73 Bn | 13.35 Bn | 2.22 Bn | 2.79 Bn |
| 8 | Dominos Pizza | 10.60 Bn | 10.39 Bn | 478.23 Mn | 115.37 Mn |
| 9 | Cava | 6.41 Bn | 5.97 Bn | 95.58 Mn | 341.59 Mn |
| 10 | Dutch Bros | 5.91 Bn | 5.64 Bn | 151.06 Mn | 480.45 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 |