Noodles (NDLS) Gross Margin (2012 - 2026)

Noodles (NDLS) reported Gross Margin of 79.23% for Q1 2026, down 5.0% on a YoY basis from 83.4% in Q1 2025, and down 1.27% quarter-over-quarter from 80.25% in Q4 2025.

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

Noodles has reported Gross Margin for 15 years, with the latest figure at 79.23% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin fell 5.0% year-over-year to 79.23%; the trailing twelve-month figure through Mar 2026 stood at 80.02% (down 37.0% YoY), and the FY2025 full-year result was 80.03%, down 71.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 79.23%, down from 80.25% in the prior quarter.
  • The five-year high for Gross Margin was 82.61% in Q2 2022, with the low at 79.23% in Q1 2026.
  • Historically, Gross Margin has averaged 80.91% across 5 years, with a median of 80.69% in 2024.
  • Annual changes were most pronounced in 2023 — Gross Margin soared 38 bps — and 2024, when it slumped 201 bps.
  • Noodles' Gross Margin stood at 82.45% in 2022, then dropped by 0 bps to 82.36% in 2023, then dropped by 2 bps to 80.69% in 2024, then retreated by 1 bps to 80.25% in 2025, then fell by 1 bps to 79.23% in 2026.
  • The last three Gross Margin figures came in at 79.23% (Q1 2026), 80.25% (Q4 2025), and 79.88% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Starbucks 114.58 Bn 112.88 Bn 9.40 Bn 98.63%
2 Chipotle Mexican Grill 42.15 Bn 41.28 Bn 2.61 Bn 84.44%
3 Yum Brands 42.13 Bn 41.44 Bn 1.38 Bn 67.12%
4 Restaurant Brands International 25.46 Bn 25.99 Bn 2.14 Bn 94.61%
5 Darden Restaurants 24.75 Bn 24.51 Bn 3.31 Bn 98.82%
6 Yum China Holdings 15.17 Bn 13.74 Bn 3.24 Bn 99.05%
7 Texas Roadhouse 11.72 Bn 11.53 Bn 1.40 Bn 86.00%
8 Dominos Pizza 10.51 Bn 10.28 Bn 464.51 Mn 40.37%
9 Cava 10.34 Bn 9.94 Bn 797.57 Mn 290.04%
10 Noodles 83.06 Mn 81.61 Mn 98.07 Mn 79.23%

Historic Data

Download Data
DateValue
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%
Mar 30, 2021 81.56%