Noodles (NDLS) Cost of Revenue (2012 - 2026)
Noodles' (NDLS) quarterly Cost of Revenue came in at $25.4 million in Q2 2026, up 3.92% YoY from $24.4 million in Q2 2025, and down 1.32% on a QoQ basis from $25.7 million in Q1 2026.
Noodles (NDLS) Cost of Revenue (2012 - 2026) Analysis & Trends
Noodles (NDLS) has 15 years of Cost of Revenue data on file, last reported at $25.4 million in Q2 2026.
- Quarterly Cost of Revenue rose 3.92% year-over-year to $25.4 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $99.9 million (up 2.23% YoY) and the FY2025 annual result came in at $98.9 million, up 4.04% from the prior year.
- Cost of Revenue slipped to $25.4 million in Q2 2026, from $25.7 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $25.7 million in Q1 2026 to a low of $21.9 million in Q1 2022.
- A 5-year average of $23.9 million and a median of $24.0 million in 2023 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2023 — Cost of Revenue rose 9.81% — and 2024, when it slipped 2.79%.
- Tracing NDLS's Cost of Revenue over 5 years: 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 advanced by 4.64% to $25.4 million in 2026.
- The last three Cost of Revenue figures came in at $25.4 million (Q2 2026), $25.7 million (Q1 2026), and $24.2 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 193.05 Bn | 192.23 Bn | 6.42 Bn | 680.00 Mn |
| 2 | Starbucks | 122.77 Bn | 119.16 Bn | 6.49 Bn | 2.83 Bn |
| 3 | Chipotle Mexican Grill | 42.40 Bn | 41.73 Bn | 2.35 Bn | 993.57 Mn |
| 4 | Yum Brands | 40.42 Bn | 39.75 Bn | 1.47 Bn | 700.00 Mn |
| 5 | Restaurant Brands International | 27.11 Bn | 27.59 Bn | 1.89 Bn | 635.00 Mn |
| 6 | Darden Restaurants | 25.70 Bn | 25.48 Bn | 3.68 Bn | 43.20 Mn |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 635.00 Mn |
| 8 | Yum China Holdings | 16.42 Bn | 15.74 Bn | 2.22 Bn | 918.00 Mn |
| 9 | Texas Roadhouse | 13.58 Bn | 13.40 Bn | 1.44 Bn | 237.02 Mn |
| 10 | Noodles | 106.92 Mn | 105.62 Mn | 101.67 Mn | 25.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 25.37 Mn |
| Jun 30, 2026 | 25.37 Mn |
| 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 |