Noodles (NDLS) Net Margin (2012 - 2026)
Noodles (NDLS) reported Net Margin of -3.11% for Q2 2026, up 10.77 percentage points from -13.88% a year earlier but down 0.35 percentage points from the prior quarter.
Noodles (NDLS) Net Margin (2012 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Noodles' Net Margin came in at -4.71%, up 4.00 percentage points year-over-year; for FY2025, it was -8.60%, down 1.26 percentage points from FY2024.
- Net Margin has a five-year change of -2.69 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at -7.34% in FY2024 (-5.38 pp), -1.96% in FY2023 and 0.77% in FY2021 (+6.68 pp).
- Five-year quarterly Net Margin spans a low of -13.88% in Q2 2025 and a high of 3.75% in Q3 2021.
- Year over year, Net Margin has now increased in each of the last three quarters, with an average year-over-year change of +0.95 percentage points over the last seven quarters.
- The high point for year-over-year Net Margin in five years was Q2 2026 (a gain of 10.77 percentage points); the low point was Q4 2024 (a drop of 3.69 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -2.76% (Q1 2026), -5.55% (Q4 2025) and -7.50% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 165.62 Bn | 160.44 Bn | 6.42 Bn | 33.27% |
| 2 | Starbucks | 108.79 Bn | 96.42 Bn | - | 11.21% |
| 3 | Chipotle Mexican Grill | 40.35 Bn | 36.33 Bn | - | 12.05% |
| 4 | Yum Brands | 37.59 Bn | 34.48 Bn | 1.47 Bn | 39.33% |
| 5 | Restaurant Brands International | 24.96 Bn | 22.07 Bn | 1.38 Bn | 20.12% |
| 6 | Darden Restaurants | 22.28 Bn | 21.39 Bn | -113.70 Mn | 10.89% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 26.39% |
| 8 | Yum China Holdings | 14.08 Bn | 8.44 Bn | 537.00 Mn | 7.78% |
| 9 | Texas Roadhouse | 10.31 Bn | 9.67 Bn | - | 7.26% |
| 10 | Noodles | 82.34 Mn | 73.64 Mn | 90.30 Mn | -3.11% |
Historic 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% |
Noodles Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=NDLS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "NDLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=NDLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();