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Ratios

Noodles (NDLS) Cost of Revenue (2016 - 2025)

Noodles' Cost of Revenue history spans 14 years, with the latest figure at $24.2 million for Q4 2025.

  • For Q4 2025, Cost of Revenue rose 3.1% year-over-year to $24.2 million; the TTM value through Dec 2025 reached $98.9 million, up 4.05%, while the annual FY2025 figure was $98.9 million, 4.04% up from the prior year.
  • Cost of Revenue reached $24.2 million in Q4 2025 per NDLS's latest filing, down from $24.6 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $25.7 million in Q2 2025 to a low of $20.2 million in Q1 2021.
  • Average Cost of Revenue over 5 years is $23.1 million, with a median of $23.5 million recorded in 2024.
  • Peak YoY movement for Cost of Revenue: skyrocketed 33.52% in 2021, then dropped 2.79% in 2024.
  • A 5-year view of Cost of Revenue shows it stood at $20.8 million in 2021, then rose by 9.25% to $22.7 million in 2022, then fell by 0.66% to $22.6 million in 2023, then increased by 4.26% to $23.5 million in 2024, then increased by 3.1% to $24.2 million in 2025.
  • Per Business Quant, the three most recent readings for NDLS's Cost of Revenue are $24.2 million (Q4 2025), $24.6 million (Q3 2025), and $24.4 million (Q3 2025).