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Texas Roadhouse TXRH Credit Card — Contract With Customer Liability Revenue Recognized

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Other financials

Income statement

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Revenue$1.7B+11.1%
Operating income$142.8M-2.4%
Net income$124.5M-1.7%
EPS (diluted)$1.85-0.5%

Balance sheet

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Cash & equivalents$202.4M+14.5%
Total debt$1.1B+17.8%
Total equity$1.6B+7.4%
Total assets$3.7B+12.8%

Cash flow

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Operating cash flow$180.1M+40.5%
CapEx$98.7M+6.7%
Free cash flow$81.5M+128%

Valuation

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Market cap$13.7B+12.0%
Enterprise value$14.59B+12.4%
P/E32.5×+5.2×
P/S2.2×0.0×

Profitability

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Gross margin67.6%
Operating margin7.7%-1.5pp
Net margin6.8%-1.1pp
FCF margin6.5%-0.1pp

Returns & leverage

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Return on equity28.1%-5.0pp
Debt / equity0.7×+0.1×
Current ratio0.5×0.0×

Where this comes from

Reported directly by Texas Roadhouse in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityRevenueRecognized.

The source filing: Texas Roadhouse’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 9:01 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-092408

We recognized restaurant sales of $58.6 million and $211.7 million for the 13 and 26 weeks ended June 30, 2026 related to amounts in deferred revenue as of December 30, 2025. We recognized restaurant sales of $53.0 million and $192.2 million for the 13 and 26 weeks ended July 1, 2025 related to amounts in deferred revenue as of December 31, 2024.

Item 1. — Financial Statements (Unaudited) — Texas Roadhouse, Inc. and Subsidiaries

FAQ

What is Texas Roadhouse's credit card — contract with customer liability revenue recognized?
Texas Roadhouse (TXRH) reported credit card — contract with customer liability revenue recognized of $58.6M in Q2 2026.
How has Texas Roadhouse's credit card — contract with customer liability revenue recognized changed year-over-year?
Texas Roadhouse's credit card — contract with customer liability revenue recognized increased by 10.6% year-over-year, from $53M to $58.6M.
What is the long-term trend for Texas Roadhouse's credit card — contract with customer liability revenue recognized?
Over 2 years (2021 to 2023), Texas Roadhouse's credit card — contract with customer liability revenue recognized has grown at a 22.2% compound annual growth rate (CAGR), from $140.1M to $209.1M.
What does credit card — contract with customer liability revenue recognized mean?
This metric represents the amount of revenue recognized during the period from the fulfillment of performance obligations related to gift cards or prepaid customer programs. It reflects the conversion of deferred revenue into earned income as customers redeem their prepaid balances for goods or services. This is a key indicator of customer engagement and the velocity at which prepaid liabilities are being cleared through actual consumption.

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