Noodles (NDLS) Operating Expenses (2012 - 2026)

Noodles (NDLS) has 15 years of Operating Expenses data on file, last reported at $128.6 million in Q2 2026.

• Quarterly Operating Expenses fell 8.95% year-over-year to $128.6 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $508.5 million (down 3.72% YoY) and the FY2025 annual result came in at $526.7 million, up 1.08% from the prior year.
• Operating Expenses rose to $128.6 million in Q2 2026, from $124.6 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 $118.6 million in Q1 2022.
• A 5-year average of $128.8 million and a median of $128.3 million in 2023 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2024 — Operating Expenses rose 10.71% — and 2026, when it slipped 8.95%.
• Tracing NDLS's Operating Expenses over 5 years: 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 grew by 1.34% to $128.6 million in 2026.
• The last three Operating Expenses figures came in at $128.6 million (Q2 2026), $124.6 million (Q1 2026), and $126.9 million (Q4 2025), per Business Quant data.