Noodles (NDLS) Gross Margin (2012 - 2026)

Noodles (NDLS) posted quarterly Gross Margin of 80.03% for Q2 2026, down 66.0% year-on-year from 235.38% in Q2 2025, and up 1.01% on a QoQ basis from 79.23% in Q1 2026.

Noodles (NDLS) Gross Margin (2012 - 2026) Analysis & Trends

Noodles (NDLS) has reported Gross Margin for 15 consecutive years, with 80.03% the latest figure, recorded in Q2 2026.

  • Quarterly Gross Margin fell 66.0% year-over-year to 80.03% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 79.85% (down 40.0% YoY) and the FY2025 annual result came in at 80.03%, down 71.0% from the prior year.
  • Gross Margin grew to 80.03% in Q2 2026 per NDLS's latest filing, from 79.23% in the prior quarter.
  • Over the last five years, Gross Margin for NDLS reached as high as 82.61% in Q2 2022 and fell as low as 79.23% in Q1 2026.
  • A 5-year average of 80.86% and a median of 80.69% in 2024 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2023 — Gross Margin jumped 38 bps — and 2024, when it sank 201 bps.
  • Year by year, Gross Margin stood at 82.45% in 2022, then retreated by 0 bps to 82.36% in 2023, then retreated by 2 bps to 80.69% in 2024, then dropped by 1 bps to 80.25% in 2025, then slipped by 0 bps to 80.03% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 80.03%, 79.23%, and 80.25% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Starbucks 117.61 Bn 115.91 Bn 6.32 Bn 66.34%
2 Chipotle Mexican Grill 41.20 Bn 40.33 Bn 2.61 Bn 84.44%
3 Yum Brands 40.68 Bn 39.99 Bn 1.38 Bn 67.12%
4 Restaurant Brands International 25.13 Bn 25.66 Bn 2.14 Bn 94.61%
5 Darden Restaurants 22.23 Bn 21.99 Bn 3.68 Bn 98.84%
6 Yum China Holdings 15.22 Bn 14.47 Bn 2.31 Bn 70.56%
7 Texas Roadhouse 12.56 Bn 12.37 Bn 1.40 Bn 86.00%
8 Dominos Pizza 10.74 Bn 10.60 Bn 478.23 Mn 40.04%
9 Dutch Bros 8.14 Bn 8.10 Bn 107.48 Mn 23.14%
10 Noodles 76.51 Mn 75.06 Mn 101.67 Mn 80.03%

Historic Data

Download Data
DateValue
Jun 30, 2026 80.03%
Mar 31, 2026 79.23%
Dec 30, 2025 80.25%
Sep 30, 2025 79.88%
Jul 1, 2025 80.69%
Apr 1, 2025 79.28%
Dec 31, 2024 80.69%
Oct 1, 2024 80.35%
Jul 2, 2024 81.21%
Apr 2, 2024 80.67%
Jan 2, 2024 81.45%
Oct 3, 2023 82.36%
Jul 4, 2023 81.95%
Apr 4, 2023 80.96%
Sep 27, 2022 82.45%
Jun 28, 2022 82.61%
Mar 29, 2022 80.57%
Dec 28, 2021 81.89%
Sep 28, 2021 82.79%
Jun 29, 2021 83.22%