Noodles (NDLS) Cost of Revenue (2012 - 2026)
Noodles (NDLS) posted Cost of Revenue of $25.7 million for Q1 2026, up 6.04% on a QoQ basis from $24.2 million in Q4 2025, and little changed year-over-year from $25.7 million in Q1 2025.
Noodles (NDLS) Cost of Revenue (2012 - 2026) Analysis & Trends
Noodles' Cost of Revenue history runs 15 years deep, the most recent figure standing at $25.7 million for Q1 2026.
- Quarterly Cost of Revenue changed 0.22% year-over-year to $25.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $98.9 million (up 1.76% YoY) and the FY2025 annual result came in at $98.9 million, up 4.04% from the prior year.
- Cost of Revenue was $25.7 million for Q1 2026 at Noodles, up from $24.2 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $25.7 million in Q1 2026 and bottomed at $21.9 million in Q1 2022.
- A 5-year average of $23.8 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 climbed 9.81% — and 2024, when it fell 2.79%.
- Noodles' Cost of Revenue stood at $22.7 million in 2022, then fell by 0.66% to $22.6 million in 2023, then advanced by 4.26% to $23.5 million in 2024, then advanced by 3.1% to $24.2 million in 2025, then gained by 6.04% to $25.7 million in 2026.
- Business Quant data shows NDLS's Cost of Revenue at $25.7 million in Q1 2026, $24.2 million in Q4 2025, and $24.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 118.28 Bn | 116.58 Bn | 6.32 Bn | 3.21 Bn |
| 2 | Yum Brands | 41.26 Bn | 40.58 Bn | 1.38 Bn | 677.00 Mn |
| 3 | Chipotle Mexican Grill | 41.21 Bn | 40.34 Bn | 2.61 Bn | 480.64 Mn |
| 4 | Restaurant Brands International | 25.26 Bn | 24.25 Bn | 2.14 Bn | 122.00 Mn |
| 5 | Darden Restaurants | 22.64 Bn | 22.40 Bn | 3.31 Bn | 39.40 Mn |
| 6 | Yum China Holdings | 15.35 Bn | 13.92 Bn | 2.31 Bn | 963.00 Mn |
| 7 | Texas Roadhouse | 12.76 Bn | 12.54 Bn | 1.40 Bn | 228.63 Mn |
| 8 | Dominos Pizza | 11.11 Bn | 10.98 Bn | 478.23 Mn | 716.20 Mn |
| 9 | Dutch Bros | 8.18 Bn | 7.92 Bn | 107.48 Mn | 356.94 Mn |
| 10 | Noodles | 88.57 Mn | 87.12 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 |