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Cheesecake Factory CAKE Increase Decrease In Gift Card Liabilities

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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:IncreaseDecreaseInGiftCardLiabilities.

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 increase decrease in gift card liabilities?
Cheesecake Factory (CAKE) reported increase decrease in gift card liabilities of -$25.14M in Q1 2026.
How has Cheesecake Factory's increase decrease in gift card liabilities changed year-over-year?
Cheesecake Factory's increase decrease in gift card liabilities increased by 6.7% year-over-year, from -$26.95M to -$25.14M.
What is the long-term trend for Cheesecake Factory's increase decrease in gift card liabilities?
Over 3 years (2021 to 2024), Cheesecake Factory's increase decrease in gift card liabilities has grown at a -47.2% compound annual growth rate (CAGR), from $26.53M to $3.9M.
What does increase decrease in gift card liabilities mean?
Represents the net change in cash received from gift card sales that has not yet been recognized as revenue. An increase indicates strong consumer demand and a growing pool of deferred revenue, while a decrease suggests higher redemption rates. This serves as a key indicator of brand loyalty and future revenue potential.