Noble Romans (NROM) Operating Expenses (2010 - 2026)
Noble Romans' (NROM) quarterly Operating Expenses came in at $2.6 million in Q1 2026, down 19.38% year-on-year from $3.3 million in Q1 2025, and down 38.99% quarter-over-quarter from $4.3 million in Q4 2025.
Noble Romans (NROM) Operating Expenses (2010 - 2026) Analysis & Trends
Noble Romans' Operating Expenses history runs 16 years deep, the most recent figure standing at $2.6 million for Q1 2026.
- On a quarterly basis, Operating Expenses fell 19.38% year-over-year to $2.6 million in Q1 2026; TTM through Mar 2026 was $12.9 million, a 14.09% decrease from a year earlier, with the FY2025 full-year figure at $14.1 million, up 2.79% from the prior year.
- Operating Expenses declined to $2.6 million in Q1 2026 per NROM's latest filing, from $4.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at $5.7 million in Q4 2024 and bottomed at $1.2 million in Q1 2023.
- The 5-year median for Operating Expenses is $2.8 million (2022), against an average of $3.0 million.
- Across the five-year window, Operating Expenses slumped 55.98% in 2023 and surged 176.95% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $3.0 million in 2022, then dropped by 21.35% to $2.4 million in 2023, then surged by 136.63% to $5.7 million in 2024, then retreated by 23.94% to $4.3 million in 2025, then slumped by 38.99% to $2.6 million in 2026.
- Per Business Quant, the three latest NROM Operating Expenses figures stand at $2.6 million (Q1 2026), $4.3 million (Q4 2025), and $3.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 118.28 Bn | 116.58 Bn | 6.32 Bn | 8.75 Bn |
| 2 | Yum Brands | 41.26 Bn | 40.58 Bn | 1.38 Bn | 1.42 Bn |
| 3 | Chipotle Mexican Grill | 41.21 Bn | 40.34 Bn | 2.61 Bn | 2.69 Bn |
| 4 | Restaurant Brands International | 25.26 Bn | 24.25 Bn | 2.14 Bn | 1.66 Bn |
| 5 | Darden Restaurants | 22.64 Bn | 22.40 Bn | 3.31 Bn | 2.94 Bn |
| 6 | Yum China Holdings | 15.35 Bn | 13.92 Bn | 2.31 Bn | 2.82 Bn |
| 7 | Texas Roadhouse | 12.76 Bn | 12.54 Bn | 1.40 Bn | 1.49 Bn |
| 8 | Dominos Pizza | 11.11 Bn | 10.98 Bn | 478.23 Mn | 115.37 Mn |
| 9 | Dutch Bros | 8.18 Bn | 7.92 Bn | 107.48 Mn | 430.11 Mn |
| 10 | Noble Romans | 14.88 Mn | 14.34 Mn | - | 2.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.63 Mn |
| Dec 31, 2025 | 4.31 Mn |
| Sep 30, 2025 | 3.32 Mn |
| Jun 30, 2025 | 2.68 Mn |
| Mar 31, 2025 | 3.26 Mn |
| Dec 31, 2024 | 5.66 Mn |
| Sep 30, 2024 | 2.79 Mn |
| Jun 30, 2024 | 3.35 Mn |
| Mar 31, 2024 | 3.23 Mn |
| Dec 31, 2023 | 2.39 Mn |
| Sep 30, 2023 | 2.61 Mn |
| Jun 30, 2023 | 2.47 Mn |
| Mar 31, 2023 | 1.17 Mn |
| Dec 31, 2022 | 3.04 Mn |
| Sep 30, 2022 | 2.90 Mn |
| Jun 30, 2022 | 2.82 Mn |
| Mar 31, 2022 | 2.65 Mn |
| Dec 31, 2021 | 2.80 Mn |
| Sep 30, 2021 | 2.51 Mn |
| Jun 30, 2021 | 2.54 Mn |