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Cheesecake Factory CAKE Impairment Of Assets And Lease Termination Expense

Impairment Of Assets And Lease Termination Expense at other companies

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Other financials

Income statement

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Revenue$978.8M+5.6%
Gross profit$586.2M+0.2%
Operating income$55.0M+5.9%
Net income$49.5M+50.4%
EPS (diluted)$1.02+52.2%

Balance sheet

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Cash & equivalents$235.1M+73.6%
Total debt$2.1B+1.9%
Total equity$459.2M+35.3%
Total assets$3.3B+6.0%

Cash flow

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Operating cash flow$96.7M+22.6%
CapEx$43.4M+1.3%
Free cash flow$53.3M+47.8%

Valuation

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Market cap$3.83B+8.6%

Profitability

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Gross margin75.9%-1.9pp
Operating margin5%-0.3pp
Net margin4.3%0.0pp
FCF margin4.5%+1.3pp

Returns & leverage

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Return on equity41.3%-5.3pp
Debt / equity4.7×-1.5×
Current ratio0.6×+0.1×

Where this comes from

Reported directly by Cheesecake Factory in its filing.

Tagged under the XBRL concept cake:ImpairmentOfAssetsAndLeaseTerminationExpense.

The official record: Cheesecake Factory’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cheesecake Factory's impairment of assets and lease termination expense?
Cheesecake Factory (CAKE) reported impairment of assets and lease termination expense of $432K in Q1 2026.
How has Cheesecake Factory's impairment of assets and lease termination expense changed year-over-year?
Cheesecake Factory's impairment of assets and lease termination expense increased by 213.0% year-over-year, from $138K to $432K.
What is the long-term trend for Cheesecake Factory's impairment of assets and lease termination expense?
Over 3 years (2022 to 2025), Cheesecake Factory's impairment of assets and lease termination expense has grown at a -14.9% compound annual growth rate (CAGR), from $31.33M to $19.33M.
What does impairment of assets and lease termination expense mean?
Represents non-cash charges related to the write-down of long-lived assets and costs associated with exiting lease agreements. This metric highlights operational inefficiencies or strategic shifts in physical footprint that result in asset value erosion. Investors use this to assess the impact of underperforming restaurant locations on overall profitability.