Noodles NDLS
NASDAQ NDLS
$14.32 -0.08 (-0.56%)
At close: Sep 4, 2026 · 4:00 PM EDT

Noodles (NDLS) Gross Margin (2012 - 2026)

Noodles' (NDLS) quarterly Gross Margin came in at 80.03% in Q2 2026, down 66.0% YoY from 235.38% in Q2 2025, and up 1.01% on a QoQ basis from 79.23% in Q1 2026.

Analysis

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

Noodles (NDLS) has 15 years of Gross Margin data on file, last reported at 80.03% 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 climbed to 80.03% in Q2 2026, from 79.23% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 82.61% in Q2 2022 to a low of 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 soared 38 bps — and 2024, when it slumped 201 bps.
  • Tracing NDLS's Gross Margin over 5 years: 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 0 bps to 80.03% in 2026.
  • The last three Gross Margin figures came in at 80.03% (Q2 2026), 79.23% (Q1 2026), and 80.25% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Mcdonalds 181.46 Bn 180.64 Bn 6.42 Bn 90.42%
2 Starbucks 119.15 Bn 115.53 Bn 6.49 Bn 69.66%
3 Chipotle Mexican Grill 47.22 Bn 46.55 Bn 2.35 Bn 70.33%
4 Yum Brands 41.34 Bn 40.66 Bn 1.47 Bn 67.73%
5 Restaurant Brands International 27.92 Bn 26.86 Bn 1.89 Bn 74.80%
6 Darden Restaurants 25.01 Bn 24.79 Bn 3.68 Bn 98.84%
7 Restaurant Brands International Limited Partnership 17.24 Bn 16.18 Bn 1.89 Bn 74.80%
8 Yum China Holdings 15.19 Bn 13.80 Bn 2.22 Bn 70.75%
9 Texas Roadhouse 12.42 Bn 12.22 Bn 1.44 Bn 85.89%
10 Noodles 84.85 Mn 83.55 Mn 101.67 Mn 80.03%
Historic Data

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%