Noodles (NDLS) Current Leases (2019 - 2026)
Noodles (NDLS) reported Current Leases of $25.7 million for Q1 2026, down 14.67% on a YoY basis from $30.1 million in Q1 2025, and down 2.16% quarter-over-quarter from $26.3 million in Q4 2025.
Noodles (NDLS) Current Leases (2019 - 2026) Analysis & Trends
Noodles has reported Current Leases for 8 years, with the latest figure at $25.7 million in Q1 2026.
- For the quarter ending Q1 2026, Current Leases fell 14.67% year-over-year to $25.7 million; the trailing twelve-month figure through Mar 2026 stood at $25.7 million (down 14.67% YoY), and the FY2025 full-year result was $26.3 million, down 18.09% from the prior year.
- Current Leases for Q1 2026 stood at $25.7 million, down from $26.3 million in the prior quarter.
- The five-year high for Current Leases was $32.1 million in Q4 2024, with the low at $25.7 million in Q1 2026.
- Historically, Current Leases has averaged $29.2 million across 5 years, with a median of $29.7 million in 2023.
- Annual changes were most pronounced in 2024 — Current Leases advanced 7.78% — and 2025, when it retreated 18.09%.
- Noodles' Current Leases stood at $27.9 million in 2022, then advanced by 6.37% to $29.7 million in 2023, then grew by 7.85% to $32.1 million in 2024, then decreased by 18.09% to $26.3 million in 2025, then dropped by 2.16% to $25.7 million in 2026.
- The last three Current Leases figures came in at $25.7 million (Q1 2026), $26.3 million (Q4 2025), and $29.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 114.58 Bn | 112.88 Bn | 9.40 Bn | 1.30 Bn |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn | 310.15 Mn |
| 3 | Yum Brands | 42.13 Bn | 41.44 Bn | 1.38 Bn | - |
| 4 | Restaurant Brands International | 25.46 Bn | 25.99 Bn | 2.14 Bn | - |
| 5 | Darden Restaurants | 24.75 Bn | 24.51 Bn | 3.31 Bn | - |
| 6 | Yum China Holdings | 15.17 Bn | 13.74 Bn | 3.24 Bn | - |
| 7 | Texas Roadhouse | 11.72 Bn | 11.53 Bn | 1.40 Bn | 31.79 Mn |
| 8 | Dominos Pizza | 10.51 Bn | 10.28 Bn | 464.51 Mn | 49.49 Mn |
| 9 | Cava | 10.34 Bn | 9.94 Bn | 797.57 Mn | 48.53 Mn |
| 10 | Noodles | 83.06 Mn | 81.61 Mn | 98.07 Mn | 25.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 29, 2021 | 26.14 Mn |