Darden Restaurants, Inc. (DRI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Sales/Revenue | 3.72B | 3.35B | 3.1B | 3.04B | 3.27B | 3.16B | 2.89B | 2.76B | 2.96B | 2.97B | 2.73B | 2.73B | 2.77B | 2.79B | 2.49B | 2.45B | 2.6B | 2.45B | 2.27B | 2.31B |
| Revenue Growth % | 13.67% | 5.93% | 7.34% | 10.44% | 10.63% | 6.16% | 5.97% | 0.97% | 6.8% | 6.77% | 9.68% | 11.63% | 6.38% | 13.77% | 9.43% | 6.08% | 14.2% | 41.31% | 37.17% | 50.98% |
| Cost of Goods Sold | -598.1M | 2.74B | 963.7M | 929.1M | 2.51B | 2.46B | 2.28B | 2.19B | 2.3B | 2.33B | 2.18B | 2.17B | 2.17B | 2.2B | 2.04B | 1.99B | 2.06B | 1.95B | 1.82B | 1.8B |
| COGS % of Revenue | -16.08% | 82.03% | 31.07% | 30.52% | 76.62% | 77.76% | 78.8% | 79.59% | 77.79% | 78.3% | 79.83% | 79.58% | 78.24% | 79.01% | 82.2% | 81.46% | 79.32% | 79.51% | 80.27% | 78.04% |
| Gross Profit | 4.32B | 601.2M | 2.14B | 2.12B | 764.8M | 702.3M | 612.7M | 562.8M | 656.7M | 645.6M | 550.2M | 557.7M | 602.5M | 584.7M | 442.7M | 453.5M | 538.4M | 501.8M | 448.3M | 506.5M |
| Gross Margin % | 116.08% | 17.97% | 68.93% | 69.48% | 23.38% | 22.24% | 21.2% | 20.41% | 22.21% | 21.7% | 20.17% | 20.42% | 21.76% | 20.99% | 17.8% | 18.54% | 20.68% | 20.49% | 19.73% | 21.96% |
| Gross Profit Growth % | 464.45% | -14.4% | 249.01% | 275.91% | 16.46% | 8.78% | 11.36% | 0.91% | 9% | 10.42% | 24.28% | 22.98% | 11.91% | 16.52% | -1.25% | -10.46% | -0.19% | 48.73% | 42.14% | 68.1% |
| Operating Expenses | 3.83B | 160.9M | 1.82B | 1.78B | 382M | 284.1M | 320.6M | 293.6M | 261.3M | 258.2M | 271.7M | 304.8M | 228M | 234.8M | 209.5M | 209.3M | 200.9M | 201M | 205.7M | 225.9M |
| OpEx % of Revenue | 103.1% | 4.81% | 58.61% | 58.34% | 11.68% | 9% | 11.09% | 10.65% | 8.84% | 8.68% | 9.96% | 11.16% | 8.23% | 8.43% | 8.43% | 8.56% | 7.72% | 8.21% | 9.05% | 9.8% |
| Selling, General & Admin | 182.2M | 160.9M | 166.5M | 185.2M | 174.1M | 152.1M | 192.9M | 171.1M | 140.2M | 139.9M | 151.7M | 191.9M | 129.1M | 135.2M | 121.5M | 118.6M | 104.4M | 110.5M | 113.6M | 136.9M |
| SG&A % of Revenue | 4.9% | 4.81% | 5.37% | 6.08% | 5.32% | 4.82% | 6.67% | 6.21% | 4.74% | 4.7% | 5.56% | 7.03% | 4.66% | 4.85% | 4.89% | 4.85% | 4.01% | 4.51% | 5% | 5.94% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 482.9M | 440.3M | 320.4M | 339.2M | 382.8M | 418.2M | 292.1M | 269.2M | 395.4M | 387.4M | 278.5M | 252.9M | 374.5M | 349.9M | 233.2M | 244.2M | 337.5M | 300.8M | 242.6M | 280.6M |
| Operating Margin % | 12.99% | 13.16% | 10.33% | 11.14% | 11.7% | 13.24% | 10.11% | 9.76% | 13.37% | 13.02% | 10.21% | 9.26% | 13.52% | 12.56% | 9.38% | 9.98% | 12.97% | 12.28% | 10.68% | 12.17% |
| Operating Income Growth % | 26.15% | 5.28% | 9.69% | 26% | -3.19% | 7.95% | 4.88% | 6.45% | 5.58% | 10.72% | 19.43% | 3.56% | 10.96% | 16.32% | -3.87% | -12.97% | 4.36% | 103.24% | 100.99% | 395.76% |
| EBITDA | 629.2M | 582.1M | 458.3M | 474.3M | 517.8M | 550.1M | 419.8M | 390.7M | 515.1M | 505.3M | 391M | 362.7M | 471.6M | 448.2M | 330M | 339.8M | 430.5M | 395.1M | 334.7M | 369.6M |
| EBITDA Margin % | 16.92% | 17.4% | 14.77% | 15.58% | 15.83% | 17.42% | 14.53% | 14.17% | 17.42% | 16.99% | 14.34% | 13.28% | 17.03% | 16.09% | 13.27% | 13.89% | 16.54% | 16.13% | 14.73% | 16.03% |
| EBITDA Growth % | 21.51% | 5.82% | 9.17% | 21.4% | 0.52% | 8.87% | 7.37% | 7.72% | 9.22% | 12.74% | 18.48% | 6.74% | 9.55% | 13.44% | -1.4% | -8.06% | 4.36% | 67.27% | 61.93% | 156.31% |
| D&A (Non-Cash Add-back) | 146.3M | 141.8M | 137.9M | 135.1M | 135M | 131.9M | 127.7M | 121.5M | 119.7M | 117.9M | 112.5M | 109.8M | 97.1M | 98.3M | 96.8M | 95.6M | 93M | 94.3M | 92.1M | 89M |
| EBIT | 761.6M | 406.4M | 315.2M | 293.8M | 385.1M | 418.3M | 297.6M | 270.2M | 388.9M | 387.8M | 286M | 256M | 394.7M | 351.2M | 224.4M | 239.3M | 344.9M | 297M | 242.6M | 280.6M |
| Net Interest Income | -50.4M | -49.6M | -48M | -46.2M | -45.6M | -46.4M | -47M | -38M | -30.7M | -37.4M | -37.5M | -29.7M | -18.2M | -19.6M | -19.7M | -19.8M | -21.6M | -17.5M | -16.7M | -15.6M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 50.4M | 49.6M | 48M | 46.2M | 45.6M | 46.4M | 47M | 38M | 30.7M | 37.4M | 37.5M | 29.7M | 18.2M | 19.6M | 19.7M | 19.8M | 21.6M | 17.5M | 16.7M | 15.6M |
| Other Income/Expense | -17.3M | -83.5M | -48M | -45.4M | -46.3M | -45.5M | -46.2M | -37.1M | -35.4M | -36.5M | -37.1M | -29.7M | -22.1M | -19.6M | -19.8M | -19.8M | -18.2M | -17.5M | -16.7M | -15.6M |
| Pretax Income | 465.6M | 356.8M | 272.4M | 293.8M | 336.5M | 372.7M | 245.9M | 232.1M | 360M | 350.9M | 241.4M | 223.2M | 352.4M | 330.3M | 213.4M | 224.4M | 319.3M | 283.3M | 225.9M | 265M |
| Pretax Margin % | 12.52% | 10.67% | 8.78% | 9.65% | 10.29% | 11.8% | 8.51% | 8.42% | 12.17% | 11.8% | 8.85% | 8.17% | 12.73% | 11.85% | 8.58% | 9.17% | 12.27% | 11.57% | 9.94% | 11.49% |
| Income Tax | 57.8M | 46.2M | 35M | 35.9M | 32.5M | 49M | 30.2M | 24.5M | 50M | 37.5M | 29.1M | 28.4M | 36.8M | 43.5M | 25.9M | 30.8M | 37.6M | 35.4M | 32.5M | 33.3M |
| Effective Tax Rate % | 12.41% | 12.95% | 12.85% | 12.22% | 9.66% | 13.15% | 12.28% | 10.56% | 13.89% | 10.69% | 12.05% | 12.72% | 10.44% | 13.17% | 12.14% | 13.73% | 11.78% | 12.5% | 14.39% | 12.57% |
| Net Income | 404.9M | 306.8M | 237.2M | 257.8M | 303.8M | 323.4M | 215.1M | 207.2M | 308.1M | 312.9M | 212.1M | 194.5M | 315.1M | 286.6M | 187.2M | 193M | 281.7M | 247M | 193.2M | 230.9M |
| Net Margin % | 10.89% | 9.17% | 7.65% | 8.47% | 9.29% | 10.24% | 7.44% | 7.52% | 10.42% | 10.52% | 7.78% | 7.12% | 11.38% | 10.29% | 7.53% | 7.89% | 10.82% | 10.09% | 8.5% | 10.01% |
| Net Income Growth % | 33.28% | -5.13% | 10.27% | 24.42% | -1.4% | 3.36% | 1.41% | 6.53% | -2.22% | 9.18% | 13.3% | 0.78% | 11.86% | 16.03% | -3.11% | -16.41% | -23.55% | 91.92% | 101.25% | 539.61% |
| Net Income (Continuing) | 407.8M | 310.6M | 237.4M | 257.9M | 304M | 323.7M | 215.7M | 207.6M | 310M | 313.4M | 212.3M | 194.8M | 315.6M | 286.8M | 187.5M | 193.6M | 281.7M | 247.9M | 193.4M | 231.7M |
| Discontinued Operations | -1000K | -1000K | -200K | -100K | -200K | -300K | -600K | -400K | -1000K | -500K | -200K | -300K | -500K | -200K | -300K | -600K | 0 | -900K | -200K | -800K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 3.52 | 2.65 | 2.03 | 2.19 | 2.58 | 2.74 | 1.82 | 1.74 | 2.57 | 2.60 | 1.76 | 1.59 | 2.58 | 2.34 | 1.52 | 1.56 | 2.24 | 1.93 | 1.48 | 1.75 |
| EPS Growth % | 36.43% | -3.28% | 11.54% | 25.86% | 0.39% | 5.38% | 3.41% | 9.43% | -0.39% | 11.11% | 15.79% | 1.92% | 15.18% | 21.24% | 2.7% | -10.86% | -19.42% | 96.94% | 102.74% | 525% |
| EPS (Basic) | 3.54 | 2.66 | 2.05 | 2.21 | 2.59 | 2.76 | 1.83 | 1.75 | 2.58 | 2.62 | 1.77 | 1.61 | 2.60 | 2.36 | 1.53 | 1.57 | 2.26 | 1.93 | 1.50 | 1.77 |
| Diluted Shares Outstanding | 115.2M | 116.7M | 116.7M | 117.6M | 117.9M | 118M | 118.3M | 119.2M | 120.1M | 120.4M | 120.8M | 122M | 122.1M | 122.5M | 123.1M | 123.9M | 125.5M | 128.2M | 130.5M | 131.7M |
| Basic Shares Outstanding | 114.3M | 115.9M | 115.9M | 116.7M | 117.1M | 117.2M | 117.5M | 118.5M | 119.2M | 119.4M | 119.9M | 120.9M | 121M | 121.4M | 122.1M | 122.9M | 124.4M | 127M | 129.2M | 130.3M |
| Dividend Payout Ratio | 42.36% | 56.23% | 73.31% | 67.92% | 53.95% | 50.74% | 76.48% | 80.12% | 50.73% | 49.98% | 74.12% | 81.49% | 46.49% | 51.22% | 79.06% | 76.94% | 48.56% | 56.72% | 73.81% | 62.15% |