Noodles (NDLS) Gross Margin (2012 - 2026)
Noodles posted quarterly Gross Margin of 79.23% for Q1 2026, down 5.0% year-on-year from 83.4% in Q1 2025, and down 1.27% on a QoQ basis from 80.25% in Q4 2025.
Noodles (NDLS) has 15 years of Gross Margin data on file, last reported 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.
- Across five years, Gross Margin topped out at 82.61% in Q2 2022 and bottomed at 79.23% in Q1 2026.
- The 5-year median for Gross Margin is 80.69% (2024), against an average of 80.91%.
- The widest annual swing landed in 2023, when Gross Margin soared 38 bps; it then plunged 201 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 82.45% in 2022, then declined by 0 bps to 82.36% in 2023, then declined by 2 bps to 80.69% in 2024, then decreased by 1 bps to 80.25% in 2025, then retreated 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 | 110.27 Bn | 108.58 Bn | 9.40 Bn | 98.63% |
| 2 | Yum Brands | 40.90 Bn | 40.21 Bn | 1.38 Bn | 67.12% |
| 3 | Chipotle Mexican Grill | 39.62 Bn | 38.75 Bn | 2.61 Bn | 84.44% |
| 4 | Restaurant Brands International | 25.25 Bn | 25.79 Bn | 2.14 Bn | 94.61% |
| 5 | Darden Restaurants | 23.41 Bn | 23.17 Bn | 3.31 Bn | 98.82% |
| 6 | Yum China Holdings | 15.07 Bn | 13.64 Bn | 3.24 Bn | 99.05% |
| 7 | Texas Roadhouse | 11.59 Bn | 11.39 Bn | 1.40 Bn | 86.00% |
| 8 | Dominos Pizza | 10.51 Bn | 10.27 Bn | 464.51 Mn | 40.37% |
| 9 | Cava | 8.67 Bn | 8.28 Bn | 797.57 Mn | 290.04% |
| 10 | Noodles | 73.79 Mn | 72.35 Mn | 98.07 Mn | 79.23% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Dec 29, 2020 | 81.95% |
| Sep 29, 2020 | 81.71% |
| Jun 30, 2020 | 80.30% |
| Mar 31, 2020 | 83.37% |
| Dec 31, 2019 | 85.77% |
| Oct 1, 2019 | 85.49% |
| Jul 2, 2019 | 85.97% |
| Apr 2, 2019 | 85.05% |
| Jan 1, 2019 | 123.03% |
| Oct 2, 2018 | 86.10% |
| Jul 3, 2018 | 85.63% |
| Apr 3, 2018 | 84.71% |
| Oct 3, 2017 | 86.16% |
| Jul 4, 2017 | 85.64% |
| Apr 4, 2017 | 72.51% |
| Jan 3, 2017 | 72.82% |
| Sep 27, 2016 | 84.94% |
| Jun 28, 2016 | 73.51% |
| Mar 29, 2016 | 73.52% |
| Dec 29, 2015 | 72.82% |
| Sep 29, 2015 | 85.51% |
| Jun 30, 2015 | 74.08% |
| Mar 31, 2015 | 86.08% |
| Dec 30, 2014 | 87.47% |
| Sep 30, 2014 | 75.83% |
| Jul 1, 2014 | 89.38% |
| Apr 1, 2014 | 77.45% |
| Dec 31, 2013 | 35.57% |
| Oct 1, 2013 | 89.35% |
| Jul 2, 2013 | 76.78% |
| Apr 2, 2013 | 76.21% |
| Oct 2, 2012 | 73.74% |
| Jul 3, 2012 | 73.58% |