Noodles & Company (NDLS) quarterly cash flow statement — complete operating, investing & financing history
Noodles & Company (NDLS) cash flow statement — 15-year operating, investing & financing cash flows
| Metric | 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 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 3.31M | 6.02M | -1.07M | 5.18M | -852K | 4.03M | -9.98M | 5.82M | 4.72M | 7M | 164K | 16.95M | 3.16M | 7.22M | 1.74M | 1.78M | 12.1M | -6.06M | 6.27M | 6.65M |
| Operating CF Margin % | 2.6% | 4.86% | -0.87% | 4.24% | -0.67% | 3.26% | -8.2% | 4.74% | 3.71% | 5.77% | 0.13% | 13.25% | 2.53% | 5.73% | 1.27% | 1.37% | 9.23% | -5.38% | 5.46% | 5.31% |
| Operating CF Growth % | 487.91% | 49.17% | 89.25% | -11.02% | -118.04% | -42.43% | -6187.8% | -65.67% | 49.27% | -3% | -90.56% | 853.57% | -73.86% | 219.17% | -72.29% | -73.28% | -37.83% | -260.36% | 673.95% | 313.81% |
| Net Income | -3.95M | -3.42M | -6.81M | -9.15M | -17.55M | -9.06M | -9.69M | -6.75M | -13.63M | -6.14M | -6.14M | 700K | -1.3M | -3.12M | 975K | 795K | 1.34M | -6.43M | -4.74M | 4.7M |
| Depreciation & Amortization | 5.9M | 5.98M | 6.21M | 6.6M | 7.14M | 7.09M | 7.08M | 7.25M | 7.37M | 7.37M | 7.48M | 6.63M | 6.44M | 6.25M | 5.96M | 5.83M | 5.76M | 5.72M | 5.6M | 5.57M |
| Stock-Based Compensation | 0 | 760K | 386K | 1.11M | 732K | 790K | 333K | 810K | 1.34M | 1.19M | 763K | 694K | 1.48M | 1.3M | 974K | 751K | 1.5M | 1.12M | 674K | 1.15M |
| Deferred Taxes | 21K | 6K | -9K | 5K | 21K | 23K | -27K | -127K | 110K | 65K | -19K | 148K | -30K | -73K | 1K | -1K | 44K | -84K | -12K | 25K |
| Other Non-Cash Items | 5.65M | 1.56M | 4.68M | 4.82M | 13.07M | 458K | 3.24M | 700K | 10.57M | 438K | 1.69M | 1.24M | 722K | 488K | 669K | 714K | 978K | 608K | 2.21M | 654K |
| Working Capital Changes | -4.31M | 1.13M | -5.53M | 1.79M | -4.26M | 4.73M | -10.92M | 3.94M | -1.04M | 4.09M | -3.61M | 7.54M | -4.14M | 2.37M | -6.84M | -6.31M | 2.48M | -7M | 2.54M | -5.45M |
| Change in Receivables | -498K | -227K | 45K | -340K | 342K | -218K | 73K | -175K | 376K | 812K | -475K | 251K | -181K | 1.61M | -1.37M | -1.16M | 458K | -513K | -60K | 90K |
| Change in Inventory | 220K | 4K | -230K | 79K | 282K | -744K | -206K | -68K | -269K | -159K | 24K | -112K | -292K | 77K | -34K | -121K | -273K | -315K | -161K | -220K |
| Change in Payables | -255K | 84K | -2.44M | 1.01M | 2.02M | 3.32M | -7.33M | 1.61M | 2.63M | 1.15M | -958K | 3.87M | 293K | -996K | 29K | -154K | 278K | -716K | 1.54M | 89K |
| Cash from Investing | -1.51M | -2.08M | -2.34M | -3.74M | -3.4M | -2.92M | -3.79M | -7.15M | -7.13M | -8.65M | -15.18M | -12.81M | -13.38M | -10.44M | -11.34M | -5.83M | -8.31M | -6.83M | -5.81M | -5.08M |
| Capital Expenditures | -1.51M | -2.08M | -2.34M | -3.74M | -3.4M | -2.92M | -3.79M | -7.15M | -9.18M | -8.65M | -15.32M | -12.81M | -13.48M | -10.44M | -11.34M | -5.83M | -8.31M | -8.41M | -5.81M | -5.49M |
| CapEx % of Revenue | 1.19% | 1.68% | 1.91% | 3.06% | 2.69% | 2.36% | 3.11% | 5.82% | 7.21% | 7.12% | 12.32% | 10.02% | 10.77% | 8.28% | 8.31% | 4.5% | 6.34% | 7.47% | 5.06% | 4.39% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.58M | 0 | 0 | 1.58M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.05M | 0 | 143K | 0 | 100K | 0 | 1.58M | 0 | 0 | 0 | 0 | 406K |
| Cash from Financing | -1.94M | -3.76M | -16K | 991K | 5.12M | -868K | 11.62M | 2.83M | 2.88M | -37K | 15.5M | -4.75M | 11.29M | 3.75M | 9.28M | 4.1M | -3.6M | 12.24M | -1.35M | -15.74M |
| Debt Issued (Net) | -1.81M | -3.68M | -32K | 1.07M | 5.16M | -817K | 12.48M | 2.81M | 2.87M | 224K | 16.19M | 192K | 11.34M | 4.4M | 9.27M | 4.16M | -3.56M | 12.54M | -1.93M | -15.54M |
| Equity Issued (Net) | 0 | -81K | 16K | -83K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.98M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.98M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -132K | 0 | 0 | 0 | -39K | -51K | -866K | 27K | 10K | -261K | -695K | 41K | -44K | -641K | 17K | -56K | -45K | -299K | 582K | -202K |
| Net Change in Cash | -145K | 179K | -4.69M | 2.43M | 868K | 247K | -2.16M | 1.5M | 472K | -1.68M | 483K | -612K | 1.08M | 541K | -317K | 51K | 188K | -654K | -894K | -14.18M |
| Free Cash Flow | 1.8M | 3.94M | -3.41M | 1.44M | -4.25M | 1.11M | -13.78M | -1.33M | -4.46M | -1.64M | -15.16M | 4.14M | -10.31M | -3.21M | -9.6M | -4.05M | 3.79M | -14.47M | 458K | 1.16M |
| FCF Margin % | 1.41% | 3.18% | -2.78% | 1.18% | -3.36% | 0.9% | -11.31% | -1.08% | -3.5% | -1.35% | -12.19% | 3.23% | -8.24% | -2.55% | -7.03% | -3.13% | 2.89% | -12.86% | 0.4% | 0.93% |
| FCF Growth % | 142.24% | 253.27% | 75.23% | 208.2% | 4.6% | 167.91% | 9.1% | -132.16% | 56.78% | 48.91% | -57.89% | 202.17% | -372.04% | 77.79% | -2196.07% | -448.66% | -74.25% | -1483.56% | 142.21% | 178.98% |
| FCF per Share | 0.30 | 0.67 | -0.58 | 0.25 | -0.74 | 0.19 | -2.42 | -0.23 | -0.78 | -0.29 | -2.70 | 0.72 | -1.78 | -0.56 | -1.66 | -0.70 | 0.66 | -2.53 | 0.08 | 0.20 |
| FCF Conversion (FCF/Net Income) | -0.84x | -1.76x | 0.16x | -0.57x | 0.05x | -0.45x | 1.03x | -0.86x | -0.35x | -1.14x | -0.03x | 24.21x | -2.43x | -2.32x | 1.78x | 2.24x | 9.00x | 0.94x | -1.32x | 1.42x |
| Interest Paid | 0 | 0 | 0 | 2.45M | 1.82M | 2.24M | 2.09M | 1.82M | 0 | 1.77M | 1.37M | 1.01M | 856K | 738K | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 7K | -7K | 7K | -25K | 0 | 0 | 25K | 2K | 24K | 122K | 10K | 0 | 0 | 0 | 0 | 0 | 0 |