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Other financials

Income statement

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Revenue$438.3M+32.1%
Gross profit$111.2M+32.3%
Operating income$25.3M+60.8%
Net income$23.6M-8.3%
EPS (diluted)$0.20-9.1%

Balance sheet

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Cash & equivalents$295.8M+2.2%
Total debt$498.5M+20.8%
Total equity$810.0M+11.5%
Total assets$1.4B+15.8%

Cash flow

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Operating cash flow$64.1M+66.1%
Free cash flow$15.5M+473%

Valuation

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Market cap$7.71B-22.7%
Enterprise value$7.91B-21.6%
P/E111.8×+8.0×
P/S5.8×-7.6×

Profitability

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Gross margin24.6%-0.5pp
Operating margin4.7%+0.2pp
Net margin5.4%-8.1pp
FCF margin2.3%

Returns & leverage

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Return on equity8.6%-11.9pp
Debt / equity0.6×0.0×
Current ratio2.7×-0.3×

Where this comes from

Reported directly by CAVA Group in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: CAVA Group’s 10-Q, filed May 20, 2026.

Filed
May 19, 2026, 2:07 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-036625
(in thousands)Sixteen Weeks Ended / April 19,2026Sixteen Weeks Ended / April 20,2025
Operating lease liabilities32,66533,842
Net cash provided by operating activities64,06538,577
Cash flows from investing activities:
Purchases of property and equipment(48,581)(35,875)
Purchases of debt securities(37,071)(80,450)
Proceeds from principal payments on debt securities40,049489
Investment in convertible promissory note(5,000)
Net cash used in investing activities(50,603)(115,836)

Item 1. Financial Statements (Unaudited)

FAQ

What is CAVA Group's capex?
CAVA Group (CAVA) reported capex of $48.58M in Q2 2026.
How has CAVA Group's capex changed year-over-year?
CAVA Group's capex increased by 35.4% year-over-year, from $35.88M to $48.58M.
What is the long-term trend for CAVA Group's capex?
Over 2 years (2021 to 2025), CAVA Group's capex has grown at a 67.9% compound annual growth rate (CAGR), from $56.31M to $158.7M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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