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Noodles (NDLS) Operating Leases (2019 - 2025)

Noodles' Operating Leases history spans 7 years, with the latest figure at $126.9 million for Q4 2025.

  • For Q4 2025, Operating Leases fell 19.01% year-over-year to $126.9 million; the TTM value through Dec 2025 reached $126.9 million, down 19.01%, while the annual FY2025 figure was $126.9 million, 19.01% down from the prior year.
  • Operating Leases reached $126.9 million in Q4 2025 per NDLS's latest filing, down from $130.9 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $207.0 million in Q2 2021 to a low of $126.9 million in Q4 2025.
  • Average Operating Leases over 5 years is $178.3 million, with a median of $186.7 million recorded in 2023.
  • Peak YoY movement for Operating Leases: decreased 0.55% in 2024, then dropped 21.64% in 2025.
  • A 5-year view of Operating Leases shows it stood at $200.2 million in 2021, then dropped by 2.13% to $196.0 million in 2022, then fell by 3.06% to $190.0 million in 2023, then fell by 17.5% to $156.7 million in 2024, then decreased by 19.01% to $126.9 million in 2025.
  • Per Business Quant, the three most recent readings for NDLS's Operating Leases are $126.9 million (Q4 2025), $130.9 million (Q3 2025), and $140.1 million (Q3 2025).