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Texas Roadhouse TXRH Gift Cards — Contract With Customer Liability Revenue Recognized

Discontinued — last reported Q3 '25

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Other financials

Income statement

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Revenue$1.6B+12.8%
Operating income$146.3M+8.6%
Net income$126.0M+8.6%
EPS (diluted)$1.87+10.0%

Balance sheet

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Cash & equivalents$214.6M-3.0%
Total debt$1.1B+16.2%
Total equity$1.5B+9.9%
Total assets$3.6B+12.0%

Cash flow

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Operating cash flow$259.1M+9.0%
CapEx$80.2M+3.6%
Free cash flow$178.9M+11.6%

Valuation

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Market cap$11.68B-1.7%
Enterprise value$12.52B-0.3%
P/E27.5×+0.8×
P/S1.9×-0.2×

Profitability

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Gross margin67.6%
Operating margin8%-1.4pp
Net margin7%-1.1pp
FCF margin5.9%-1.2pp

Returns & leverage

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Return on equity29.3%-5.1pp
Debt / equity0.7×0.0×
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 official record: Texas Roadhouse’s 10-Q, filed November 7, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Texas Roadhouse's gift cards — contract with customer liability revenue recognized?
Texas Roadhouse (TXRH) reported gift cards — contract with customer liability revenue recognized of $36M in Q3 2025.
How has Texas Roadhouse's gift cards — contract with customer liability revenue recognized changed year-over-year?
Texas Roadhouse's gift cards — contract with customer liability revenue recognized increased by 37.9% year-over-year, from $26.1M to $36M.
What does gift cards — contract with customer liability revenue recognized mean?
The total revenue earned from customers redeeming gift cards for meals during the period.
How do you interpret gift cards — contract with customer liability revenue recognized?
An increase suggests higher customer traffic and utilization of prepaid balances, while a decrease may indicate lower gift card redemption rates or a shift in consumer spending patterns.
How does gift cards — contract with customer liability revenue recognized compare across companies?
Comparable to 'Breakage and Redemption Revenue' or 'Deferred Revenue Recognition' found in the financial disclosures of other casual dining chains with significant gift card programs.