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CAVA Group CAVA Operating Income

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Other financials

Income statement

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Revenue$438.3M+32.1%
Gross profit$111.2M+32.3%
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%
CapEx$48.6M+35.4%
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:OperatingIncomeLoss.

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
CAVA GROUP, INC. / UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS / (in thousands, except per share amounts)Sixteen Weeks Ended / April 19,2026April 20,2025
Pre-opening costs6,1614,481
Impairment and asset disposal costs2,7181,667
Total operating expenses413,013316,116
Income from operations25,25715,710
Interest income, net(4,082)(4,617)
Other income, net(700)(27)
Income before taxes30,03920,354
Provision for (benefit from) income taxes6,473(5,353)

Item 1. Financial Statements (Unaudited)

FAQ

What is CAVA Group's operating income?
CAVA Group (CAVA) reported operating income of $25.26M in Q2 2026.
How has CAVA Group's operating income changed year-over-year?
CAVA Group's operating income increased by 60.8% year-over-year, from $15.71M to $25.26M.
What is the long-term trend for CAVA Group's operating income?
Over 2 years (2021 to 2025), CAVA Group's operating income has grown at a 2.4% compound annual growth rate (CAGR), from -$52.75M to $55.29M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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