Noodles (NDLS) Net Margin (2012 - 2026)
Noodles (NDLS) posted quarterly Net Margin of 3.11% for Q2 2026, up 1077.0% year-on-year from 0.26% in Q2 2025, and down 12.67% on a QoQ basis from 2.76% in Q1 2026.
Noodles (NDLS) Net Margin (2012 - 2026) Analysis & Trends
Noodles (NDLS) has reported Net Margin for 15 consecutive years, with 3.11% the latest figure, recorded in Q2 2026.
- Quarterly Net Margin rose 1077.0% year-over-year to 3.11% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 4.71% (up 400.0% YoY) and the FY2025 annual result came in at 8.6%, down 126.0% from the prior year.
- Net Margin declined to 3.11% in Q2 2026 per NDLS's latest filing, from 2.76% in the prior quarter.
- Over the last five years, Net Margin for NDLS reached as high as 1.03% in Q2 2022 and fell as low as 13.88% in Q3 2025.
- A 5-year average of 4.74% and a median of 5.06% in 2024 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2024 — Net Margin tumbled 966 bps — and 2026, when it jumped 1077 bps.
- Year by year, Net Margin stood at 0.61% in 2022, then dropped by 11 bps to 0.55% in 2023, then plunged by 1554 bps to 7.96% in 2024, then surged by 30 bps to 5.55% in 2025, then surged by 44 bps to 3.11% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 3.11%, 2.76%, and 5.55% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn | 5.36% |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn | 9.81% |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn | 20.98% |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn | 14.93% |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn | -0.08% |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn | 10.06% |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn | 7.56% |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn | 11.37% |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn | 5.10% |
| 10 | Noodles | 76.51 Mn | 75.06 Mn | 101.67 Mn | -3.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -3.11% |
| Mar 31, 2026 | -2.76% |
| Dec 30, 2025 | -5.55% |
| Sep 30, 2025 | -7.50% |
| Jul 1, 2025 | -13.88% |
| Apr 1, 2025 | -7.32% |
| Dec 31, 2024 | -7.96% |
| Oct 1, 2024 | -5.50% |
| Jul 2, 2024 | -10.70% |
| Apr 2, 2024 | -5.06% |
| Jan 2, 2024 | -4.27% |
| Oct 3, 2023 | 0.55% |
| Jul 4, 2023 | -1.04% |
| Apr 4, 2023 | -2.47% |
| Sep 27, 2022 | 0.61% |
| Jun 28, 2022 | 1.03% |
| Mar 29, 2022 | -5.71% |
| Dec 28, 2021 | -4.13% |
| Sep 28, 2021 | 3.75% |
| Jun 29, 2021 | 4.52% |