Income StatementBalance SheetCash FlowSegments
Darden Restaurants logo

Darden Restaurants Business Segments

Business, geographic, and product segment breakdowns

Darden Restaurants generates $12.8B in annual revenue across 4 key segments: Fine Dining ($1.3B), LongHorn Steakhouse ($3.2B), Olive Garden ($5.4B), and Other Business ($2.7B). The company-wide operating margin is 11.35%. Based on the Q1 2026 filing.

Fine Dining (TTM)$1.3BLongHorn Steakhouse (TTM)$3.2BOlive Garden (TTM)$5.4BOther Business (TTM)$2.7B
Latest FilingQ1 2026
Report Date2026-03-27
Market Cap$22.2B
P/E Ratio20.07
ROE51.34%

Products & Services

Food and beverage costs and restaurant expenses

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Food and beverage$872.8M$953.6M$983.9M$929.1M$963.7M$1.0B
Restaurant expenses$472.2M$501.0M$517.1M$504.2M$508.3M$528.7M

Acquired deferred gift card revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gift Card$2.6M$0.0$0.0—$0.0$0.0

Activations

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gift Card$131.0M$346.5M$137.1M$121.8M$144.2M$348.2M

Contract With Customer, Liability, Redemptions And Breakage

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gift Card$136.2M$250.7M$181.0M$161.9M$138.7M$253.5M

Sale of Olive Garden Canada gift card balances

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gift Card$0.0$0.0—-$400.0K$0.0$0.0

Business Segments

D&A

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Olive Garden$46.3M$46.9M$47.6M$48.3M$49.4M$50.5M
Other Business$29.3M$32.1M$31.9M$31.3M$31.4M$31.4M
LongHorn Steakhouse$20.6M$21.3M$22.1M$22.7M$23.4M$24.6M
Fine Dining$17.4M$17.6M$18.2M$17.3M$17.7M$18.0M

Less impairments and gain (loss) on disposal of assets, net

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Fine Dining$0.0$0.0-$8.0M$0.0$0.0$0.0
LongHorn Steakhouse$0.0$0.0$0.0$0.0$0.0$0.0
Olive Garden$0.0$0.0$1.5M$42.0M$0.0$0.0
Other Business$0.0$0.0-$42.0M$0.0$2.9M$0.0

Marketing expenses

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Olive Garden$38.1M$24.6M$29.6M$36.8M$36.2M$26.9M
Other Business$6.2M$6.8M$6.9M$6.8M$7.1M$7.0M
LongHorn Steakhouse$2.4M$1.3M$2.2M$3.3M$3.3M$2.8M
Fine Dining$2.1M$2.7M$2.3M$2.2M$2.1M$2.7M

Pre-opening costs

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
LongHorn Steakhouse$900.0K$2.3M$2.3M$1.1M$2.0M$3.0M
Olive Garden$700.0K$900.0K$3.8M$1.5M$1.9M$2.7M
Other Business$2.0M$1.5M$1.2M$1.0M$2.7M$1.3M
Fine Dining$1.2M$700.0K$600.0K$1.3M$300.0K$500.0K

Purchases of land, buildings and equipment

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Olive Garden$67.8M$63.9M$64.6M$63.2M$75.2M$49.9M
Other Business$35.9M$39.8M$44.1M$39.5M$44.3M$48.0M
LongHorn Steakhouse$41.3M$31.9M$35.5M$48.9M$53.6M$47.3M
Fine Dining$24.2M$22.5M$23.0M$22.0M$28.3M$20.7M

Restaurant labor

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Olive Garden$452.7M$464.1M$475.7M$464.1M$476.4M$482.7M
Other Business$200.9M$231.1M$240.7M$231.1M$226.5M$238.9M
LongHorn Steakhouse$185.8M$198.7M$210.6M$204.3M$203.7M$218.7M
Fine Dining$87.4M$101.1M$95.0M$88.5M$93.5M$106.6M

Sales

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Olive Garden$1.3B$1.3B$1.4B$1.3B$1.4B$1.4B
LongHorn Steakhouse$710.1M$768.1M$833.8M$776.4M$775.9M$854.2M
Other Business$581.4M$674.3M$722.3M$680.7M$647.3M$696.1M
Fine Dining$306.0M$385.3M$334.6M$286.5M$316.2M$402.0M

Segment profit

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Olive Garden$277.8M$307.5M$328.5M$267.6M$297.3M$320.0M
LongHorn Steakhouse$135.1M$151.6M$167.8M$134.9M$126.0M$159.0M
Other Business$81.2M$105.5M$126.3M$109.3M$86.7M$108.8M
Fine Dining$53.9M$86.8M$62.9M$38.7M$46.9M$88.5M