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Noodles (NDLS) Operating Expenses (2016 - 2025)

Noodles' Operating Expenses history spans 14 years, with the latest figure at $126.9 million for Q4 2025.

  • For Q4 2025, Operating Expenses fell 1.75% year-over-year to $126.9 million; the TTM value through Dec 2025 reached $526.7 million, up 1.08%, while the annual FY2025 figure was $526.7 million, 1.08% up from the prior year.
  • Operating Expenses reached $126.9 million in Q4 2025 per NDLS's latest filing, down from $128.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $141.2 million in Q3 2025 to a low of $110.9 million in Q1 2021.
  • Average Operating Expenses over 5 years is $126.6 million, with a median of $127.6 million recorded in 2024.
  • Peak YoY movement for Operating Expenses: grew 28.87% in 2021, then fell 2.91% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $119.1 million in 2021, then grew by 7.31% to $127.9 million in 2022, then fell by 1.59% to $125.8 million in 2023, then rose by 2.64% to $129.1 million in 2024, then dropped by 1.75% to $126.9 million in 2025.
  • Per Business Quant, the three most recent readings for NDLS's Operating Expenses are $126.9 million (Q4 2025), $128.4 million (Q3 2025), and $141.2 million (Q3 2025).