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| Date | Value |
|---|---|
| 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 |