Noodles (NDLS) Cost of Revenue (2012 - 2026)
Noodles (NDLS) reported Cost of Revenue of $25.7 million for Q1 2026, little changed on a YoY basis from $25.7 million in Q1 2025, and up 6.04% quarter-over-quarter from $24.2 million in Q4 2025.
Noodles (NDLS) Cost of Revenue (2012 - 2026) Analysis & Trends
Noodles has reported Cost of Revenue for 15 years, with the latest figure at $25.7 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue changed 0.22% year-over-year to $25.7 million; the trailing twelve-month figure through Mar 2026 stood at $98.9 million (up 1.76% YoY), and the FY2025 full-year result was $98.9 million, up 4.04% from the prior year.
- Cost of Revenue for Q1 2026 stood at $25.7 million, up from $24.2 million in the prior quarter.
- The five-year high for Cost of Revenue was $25.7 million in Q1 2026, with the low at $21.9 million in Q1 2022.
- Historically, Cost of Revenue has averaged $23.8 million across 5 years, with a median of $24.0 million in 2023.
- Annual changes were most pronounced in 2023 — Cost of Revenue rose 9.81% — and 2024, when it slipped 2.79%.
- Noodles' Cost of Revenue stood at $22.7 million in 2022, then dropped by 0.66% to $22.6 million in 2023, then rose by 4.26% to $23.5 million in 2024, then rose by 3.1% to $24.2 million in 2025, then increased by 6.04% to $25.7 million in 2026.
- The last three Cost of Revenue figures came in at $25.7 million (Q1 2026), $24.2 million (Q4 2025), and $24.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 114.58 Bn | 112.88 Bn | 9.40 Bn | 130.50 Mn |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn | 480.64 Mn |
| 3 | Yum Brands | 42.13 Bn | 41.44 Bn | 1.38 Bn | 677.00 Mn |
| 4 | Restaurant Brands International | 25.46 Bn | 25.99 Bn | 2.14 Bn | 122.00 Mn |
| 5 | Darden Restaurants | 24.75 Bn | 24.51 Bn | 3.31 Bn | 39.40 Mn |
| 6 | Yum China Holdings | 15.17 Bn | 13.74 Bn | 3.24 Bn | 31.00 Mn |
| 7 | Texas Roadhouse | 11.72 Bn | 11.53 Bn | 1.40 Bn | 228.63 Mn |
| 8 | Dominos Pizza | 10.51 Bn | 10.28 Bn | 464.51 Mn | 686.08 Mn |
| 9 | Cava | 10.34 Bn | 9.94 Bn | 797.57 Mn | -522.59 Mn |
| 10 | Noodles | 83.06 Mn | 81.61 Mn | 98.07 Mn | 25.71 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.71 Mn |
| Mar 31, 2026 | 25.71 Mn |
| Dec 30, 2025 | 24.25 Mn |
| Dec 30, 2025 | 24.25 Mn |
| Sep 30, 2025 | 24.56 Mn |
| Sep 30, 2025 | 24.56 Mn |
| Jul 1, 2025 | 24.41 Mn |
| Jul 1, 2025 | 24.41 Mn |
| Apr 1, 2025 | 25.66 Mn |
| Apr 1, 2025 | 25.66 Mn |
| Dec 31, 2024 | 23.52 Mn |
| Dec 31, 2024 | 23.52 Mn |
| Oct 1, 2024 | 24.12 Mn |
| Oct 1, 2024 | 24.12 Mn |
| Jul 2, 2024 | 23.93 Mn |
| Jul 2, 2024 | 23.93 Mn |
| Apr 2, 2024 | 23.46 Mn |
| Apr 2, 2024 | 23.46 Mn |
| Jan 2, 2024 | 24.19 Mn |
| Jan 2, 2024 | 24.19 Mn |