Stocks Consumer discretionary NDLS
NASDAQ · Consumer discretionaryNOODLES & Co (NDLS)
NOODLES & Co brought in $495.7M of revenue over the twelve months to June 30, 2026, up 0.2% from a year earlier. It posted a net loss of $23.3M. In fiscal 2025 capital spending exceeded operating cash flow by $5.1M. At June 30, 2026 it held $1.3M in cash against $104.4M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on July 24, 2026.
Key facts about NOODLES & Co
- Net worth
- NOODLES & Co has a market value (market cap) of $82.9M at the latest share price, and shareholders' equity of -$51M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $495.1M (+0.4% year on year), with a net loss of $42.6M. Over the 12 months to June 30, 2026: revenue $495.7M, net loss $23.3M.
- Cash flow
- In fiscal 2025 operations brought in $7.3M of cash; after $12.4M of capital spending, free cash flow was -$5.1M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on July 24, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- NOODLES & Co's next report was expected around November 4, 2026 and is not on file with the SEC yet.
What NOODLES & Co does
NOODLES & Co is registered with the SEC under industry code SIC 5812 (Retail-Eating Places). Its shares trade on NASDAQ under the ticker NDLS.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $495.1M | -$42.6M | -$7.36 | -$5.1M |
| 2024 | $493.3M | -$36.2M | -$6.37 | -$21.2M |
| 2024 | $503.4M | -$9.9M | -$1.72 | -$24.5M |
| 2022 | $509.5M | -$3.3M | -$0.57 | -$24.3M |
| 2021 | $475.2M | $3.7M | $0.66 | $17.4M |
| 2020 | $393.7M | -$23.3M | -$4.34 | -$2.7M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where NDLS ranks in Consumer discretionary
Latest SEC filings
What NOODLES & Co has filed recently, newest first. Each links to the original document on SEC EDGAR.
- August 21, 2026
- July 24, 2026Quarterly report 10-Q · period to June 30, 2026Revenue was flat at $127M versus the same quarter last year; diluted EPS -$0.67 versus -$3.04.
- July 24, 2026
- May 15, 2026Passive stake changed SCHEDULE 13G/A
- May 14, 2026
- May 7, 2026Quarterly report 10-Q · period to March 31, 2026Revenue was flat at $123.8M versus the same quarter last year; diluted EPS -$0.58 versus -$1.58.
- May 6, 2026
- April 1, 2026
- April 1, 2026Additional proxy material DEFA14A
- April 1, 2026Proxy statement DEF 14A
Insider trades
What the people running NOODLES & Co did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 1 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| August 31, 2026 | Christina JosephCEO and President, Director | Shares withheld for tax | 1,903 | $27.3K |
| July 24, 2026 | Hynes MichaelChief Financial Officer | Shares withheld for tax | 544 | $8.4K |
| May 15, 2026 | Mill Road Capital III, L.P.Director, 10% owner | Other changeindirect | 7,103 | - |
| May 15, 2026 | Christina JosephCEO and President, Director | Received as pay | 32,359 | - |
| May 15, 2026 | Hynes MichaelChief Financial Officer | Shares withheld for tax | 853 | $10.7K |
| May 15, 2026 | Hynes MichaelChief Financial Officer | Received as pay | 12,628 | - |
| May 15, 2026 | Kline CoreyEVP - Technology | Shares withheld for tax | 416 | $5.2K |
| May 15, 2026 | Kline CoreyEVP - Technology | Received as pay | 4,735 | - |
Who owns NDLS
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Headlands Strategic Opportunities Fund, LP13D, may seek influence with 3 related filers | 9.5% | July 2, 2024 |
| Nantahala Capital Management, LLC13G, passive with 2 related filers | 9.46% | May 15, 2026 |
| Galloway Capital Partners, LLC13D, may seek influence with 2 related filers | 8.78% | February 24, 2026 |
| James M. Hoak Jr.13D, may seek influence with 6 related filers | 8.6% | June 10, 2024 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 38 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Nantahala Capital Management, LLC | 1,107,492 | +553,746 |
| Mill Road Capital Management LLC | 870,660 | 0 |
| Vanguard Capital Management LLC | 218,589 | -12,138 |
| Assenagon Asset Management S.A. | 110,382 | new |
| Jane Street Group, LLC | 91,296 | +29,576 |
| BlackRock, Inc. | 75,595 | +13,337 |
| Citadel Advisors LLC | 62,397 | +42,225 |
| Goldman Sachs Group Inc | 55,949 | new |
| Geode Capital Management, LLC | 50,145 | -4,670 |
| Renaissance Technologies LLC | 35,480 | +22,134 |
| Vanguard Fiduciary Trust Co | 28,805 | +3,681 |
| Centiva Capital, LP | 27,297 | +2,374 |
| State Street Corp | 22,743 | 0 |
| Quadrature Capital Ltd | 19,889 | +2,006 |
| Two Sigma Investments, LP | 17,984 | new |
| Quinn Opportunity Partners LLC | 15,125 | +5,000 |
| XTX Topco Ltd | 12,043 | new |
| Northern Trust Corp | 10,267 | new |
| Barclays PLC | 7,296 | +25 |
| Morgan Stanley | 2,745 | -58 |
Insiders
10 insiders reported holding 300,095 shares in total, about $4.2M at the last price.
| Holder | Shares |
|---|---|
| Christina JosephCEO and President, Director | 80,223 |
| Jones Jeffrey WDirector | 40,706 |
| Madsen Andrew HDirector | 37,526 |
| Hynes MichaelChief Financial Officer | 32,721 |
| Taylor Shawn ADirector | 22,238 |
| Schreiber ElisaDirector | 22,184 |
| Mill Road Capital III, L.P.Director, 10% owner | 21,47621,476 held indirectly |
| Kline CoreyEVP - Technology | 14,855 |
| Peakes BritainDirector | 14,743 |
| Lockhart Kathryn RaeChief Accounting Officer | 13,423 |
Questions about NDLS
What does NOODLES & Co do?
NOODLES & Co is a company in the Consumer discretionary sector, listed on NASDAQ as NDLS. Its shares trade on NASDAQ under the ticker NDLS.
What is NOODLES & Co's net worth?
NOODLES & Co has a market value (market cap) of $82.9M at the latest share price, and shareholders' equity of -$51M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is NOODLES & Co profitable?
No. Over the twelve months to June 30, 2026 it reported a net loss of $23.3M on revenue of $495.7M.
How much revenue does NOODLES & Co make?
Over the twelve months to June 30, 2026 NOODLES & Co reported revenue of $495.7M. That is 0.2% more than a year earlier.
When did NOODLES & Co last report?
Its most recent periodic report is the quarterly report (10-Q) filed on July 24, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from September 1, 2026.
When is NOODLES & Co's next earnings report?
NOODLES & Co's next report was expected around November 4, 2026 and is not on file with the SEC yet.
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Where the numbers come from
Financial figures are the values NOODLES & Co tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.