KPIs & Operating Metrics(New)
Growth Metrics

Noodles (NDLS) Operating Expenses (2016 - 2025)

Noodles (NDLS) has disclosed Operating Expenses for 14 consecutive years, with $128.4 million as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Operating Expenses rose 0.67% year-over-year to $128.4 million, compared with a TTM value of $541.3 million through Sep 2025, up 38.12%, and an annual FY2024 reading of $521.0 million, up 2.48% over the prior year.
  • Operating Expenses was $128.4 million for Q3 2025 at Noodles, down from $141.2 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $141.5 million in Q4 2024 and bottomed at $12.5 million in Q3 2023.
  • Average Operating Expenses over 5 years is $121.1 million, with a median of $127.7 million recorded in 2022.
  • The sharpest move saw Operating Expenses crashed 90.35% in 2023, then skyrocketed 1014.25% in 2024.
  • Year by year, Operating Expenses 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 increased by 12.46% to $141.5 million in 2024, then fell by 9.25% to $128.4 million in 2025.
  • Business Quant data shows Operating Expenses for NDLS at $128.4 million in Q3 2025, $141.2 million in Q3 2025, and $130.2 million in Q2 2025.