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Noodles (NDLS) Operating Leases (2019 - 2025)

Noodles (NDLS) has disclosed Operating Leases for 7 consecutive years, with $151.4 million as the latest value for Q2 2025.

  • For the quarter ending Q2 2025, Operating Leases changed N/A year-over-year to $151.4 million, compared with a TTM value of $151.4 million through Apr 2025, changed N/A, and an annual FY2024 reading of $156.7 million, down 27.57% over the prior year.
  • Operating Leases was $151.4 million for Q2 2025 at Noodles, down from $156.7 million in the prior quarter.
  • Across five years, Operating Leases topped out at $216.4 million in Q1 2024 and bottomed at $151.4 million in Q2 2025.
  • Average Operating Leases over 5 years is $183.2 million, with a median of $186.9 million recorded in 2023.
  • The sharpest move saw Operating Leases fell 4.85% in 2021, then decreased 27.57% in 2024.
  • Year by year, Operating Leases stood at $200.2 million in 2021, then dropped by 2.13% to $196.0 million in 2022, then fell by 4.63% to $186.9 million in 2023, then dropped by 16.14% to $156.7 million in 2024, then decreased by 3.37% to $151.4 million in 2025.
  • Business Quant data shows Operating Leases for NDLS at $151.4 million in Q2 2025, $156.7 million in Q4 2024, and $174.6 million in Q3 2024.