Noodles (NDLS) Current Leases (2019 - 2026)
Noodles (NDLS) posted quarterly Current Leases of $26.1 million for Q2 2026, down 14.87% year-on-year from $30.6 million in Q2 2025, and up 1.5% on a QoQ basis from $25.7 million in Q1 2026.
Noodles (NDLS) Current Leases (2019 - 2026) Analysis & Trends
Noodles (NDLS) has reported Current Leases for 8 consecutive years, with $26.1 million the latest figure, recorded in Q2 2026.
- Quarterly Current Leases fell 14.87% year-over-year to $26.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $26.1 million (down 14.87% YoY) and the FY2025 annual result came in at $26.3 million, down 18.09% from the prior year.
- Current Leases grew to $26.1 million in Q2 2026 per NDLS's latest filing, from $25.7 million in the prior quarter.
- Over the last five years, Current Leases for NDLS reached as high as $32.1 million in Q4 2024 and fell as low as $25.7 million in Q1 2026.
- A 5-year average of $29.1 million and a median of $29.4 million in 2023 frame the typical range for Current Leases.
- Annual changes were most pronounced in 2024 — Current Leases climbed 7.78% — and 2025, when it decreased 18.09%.
- Year by year, Current Leases stood at $27.9 million in 2022, then increased by 6.37% to $29.7 million in 2023, then gained by 7.85% to $32.1 million in 2024, then declined by 18.09% to $26.3 million in 2025, then fell by 0.69% to $26.1 million in 2026.
- According to Business Quant data, Current Leases over the past three periods registered $26.1 million, $25.7 million, and $26.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn | 1.30 Bn |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn | 310.15 Mn |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn | - |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn | - |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn | - |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn | - |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn | 31.79 Mn |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn | 45.96 Mn |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn | 39.16 Mn |
| 10 | Noodles | 76.51 Mn | 75.06 Mn | 101.67 Mn | 26.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 26.08 Mn |
| Mar 31, 2026 | 25.69 Mn |
| Dec 30, 2025 | 26.26 Mn |
| Sep 30, 2025 | 29.73 Mn |
| Jul 1, 2025 | 30.63 Mn |
| Apr 1, 2025 | 30.11 Mn |
| Dec 31, 2024 | 32.06 Mn |
| Oct 1, 2024 | 31.85 Mn |
| Jul 2, 2024 | 31.39 Mn |
| Apr 2, 2024 | 30.58 Mn |
| Jan 2, 2024 | 30.10 Mn |
| Oct 3, 2023 | 29.72 Mn |
| Jul 4, 2023 | 29.12 Mn |
| Apr 4, 2023 | 28.58 Mn |
| Jan 3, 2023 | 28.58 Mn |
| Sep 27, 2022 | 27.94 Mn |
| Jun 28, 2022 | 27.52 Mn |
| Mar 29, 2022 | 27.15 Mn |
| Dec 28, 2021 | 26.62 Mn |
| Sep 28, 2021 | 26.76 Mn |