Noodles (NDLS) Operating Expenses (2012 - 2026)

Noodles has reported Operating Expenses for 15 years, with the latest figure at $124.6 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 4.29% year-over-year to $124.6 million; the trailing twelve-month figure through Mar 2026 stood at $521.1 million (down 0.88% YoY), and the FY2025 full-year result was $526.7 million, up 1.08% from the prior year.
• Operating Expenses for Q1 2026 stood at $124.6 million, down from $126.9 million in the prior quarter.
• The five-year high for Operating Expenses was $141.2 million in Q3 2025, with the low at $118.6 million in Q1 2022.
• Historically, Operating Expenses has averaged $128.8 million across 5 years, with a median of $128.1 million in 2022.
• Annual changes were most pronounced in 2024 — Operating Expenses rose 10.71% — and 2026, when it decreased 4.29%.
• Noodles' Operating Expenses stood at $127.9 million in 2022, then dropped by 1.59% to $125.8 million in 2023, then grew by 2.64% to $129.1 million in 2024, then declined by 1.75% to $126.9 million in 2025, then retreated by 1.8% to $124.6 million in 2026.
• The last three Operating Expenses figures came in at $124.6 million (Q1 2026), $126.9 million (Q4 2025), and $128.4 million (Q3 2025), per Business Quant data.