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NOODLES & Co (NDLS) Annual Reports

NOODLES & Co is listed on Nasdaq, classified by the SEC under Retail-Eating Places (SIC 5812). This page indexes 3 annual reports, each linking to the full text on the SEC's EDGAR system.

Company profile

  • Exchange: Nasdaq
  • Fiscal year end: 12/29
  • SEC CIK: 1275158 →

Website:Official site ↗

Financial Highlights

FY2026 Q2 (quarterly, ended 2026-06-30)
CurrentPrior yearYoY
Revenue $127.0M $126.4M +0.5%
Operating income $-1.5M $-14.8M +89.6%
Net income $-4.0M $-17.6M +77.5%
EPS (diluted) $-0.67 $-0.38 -76.3%

Source: SEC EDGAR (XBRL company facts)

Financial history

Revenue & profit
Quarterly · In mn (USD)
Revenue 127 mn Net income -3.95 mn
2012Q4 2013Q1 2013Q2 2013Q3 2013Q4 2013Q1 2013Q2 2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 2017Q1 2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2019Q1 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4 2023Q1 2023Q2 2023Q3 2023Q4 2024Q1 2024Q2 2024Q3 2024Q4 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2
Show table:Income statement
Item2012Q42013Q12013Q22013Q32013Q42013Q12013Q22013Q32013Q42014Q12014Q22014Q32014Q42015Q12015Q22015Q32015Q42017Q12017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42019Q12019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q12026Q2
Revenue256 69.9 75.5 77.1 77.9 81.3 89.2 88.9 91.5 89.5 99.5 106 109 106 115 117 117 114 114 121 123 129 117 113 114 113 111 117 117 113 110 120 118 114 100 80.2 106 107 110 126 125 115 113 131 129 136 126 125 128 124 121 127 123 122 124 126 122 123 124 127
Operating income12.0 3.48 5.20 4.00 3.37 2.57 0.94 5.58 5.16 2.46 5.94 5.05 5.47 -4.32 5.02 -15.3 -6.46 -2.84 -2.84 -11.3 -9.06 -44.3 -25.6 -0.81 -7.48 0.09 -2.68 -4.16 2.13 0.95 -1.09 1.24 5.04 0.25 -4.85 -12.5 0.72 -3.37 -1.36 6.21 5.32 -4.35 -6.07 1.88 1.53 1.84 -2.23 -0.28 2.03 -4.56 -4.10 -11.5 -4.80 -7.36 -6.39 -14.8 -6.32 -4.11 -0.81 -1.54
Net income3.83 1.29 2.18 0.13 1.56 0.92 0.07 3.27 2.41 1.42 3.53 2.94 3.54 -2.75 3.06 -9.82 -4.25 -2.37 -2.37 -14.1 -9.84 -45.4 -26.8 -1.81 -8.34 -0.49 -3.57 -5.93 1.05 0.02 -1.85 0.44 4.24 -1.18 -5.83 -13.5 -0.13 -3.82 -1.98 5.68 4.70 -4.74 -6.43 1.35 0.8 0.98 -3.11 -1.30 0.7 -6.14 -6.14 -13.6 -6.75 -9.69 -9.06 -17.6 -9.15 -6.81 -3.42 -3.95
Balance sheet
Quarterly · In mn (USD)
Total assets 236 mn Total liabilities 287 mn
2012Q4 2013Q1 2013Q2 2013Q3 2013Q4 2013Q1 2013Q2 2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 2017Q1 2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2019Q1 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4 2023Q1 2023Q2 2023Q3 2023Q4 2024Q1 2024Q2 2024Q3 2024Q4 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Show table:Balance sheet
Item2012Q42013Q12013Q22013Q32013Q42013Q12013Q22013Q32013Q42014Q12014Q22014Q32014Q42015Q12015Q22015Q32015Q42017Q12017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42019Q12019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q12026Q2
Current assets16.1 17.3 18.5 18.3 17.8 19.2 22.0 22.8 22.9 23.2 24.1 25.4 26.7 21.9 27.1 25.8 23.8 23.3 21.8 22.1 20.0 23.1 20.6 23.4 20.3 17.2 20.7 19.7 29.3 64.9 77.7 25.7 23.7 19.5 35.0 21.5 22.6 19.6 20.5 21.6 21.6 21.1 23.8 22.8 22.6 22.2 22.5 23.4 20.2 20.5 21.3 23.8 18.9 18.1 18.5
Total assets157 172 182 188 192 203 228 239 235 243 234 240 244 234 240 209 204 197 187 185 179 178 172 172 390 385 381 378 379 414 422 363 354 343 360 345 341 338 339 343 344 349 358 369 368 360 346 341 325 319 295 281 262 246 236
Current liabilities23.8 24.4 27.6 24.2 24.5 24.9 32.0 25.8 28.4 28.8 32.3 32.9 31.3 28.1 35.5 49.0 49.0 42.5 38.4 43.9 38.6 44.0 30.1 33.1 32.6 49.2 51.8 51.0 58.0 50.1 61.0 60.9 58.1 63.1 70.8 68.3 76.6 67.6 70.0 66.5 64.1 68.0 64.5 75.6 67.5 72.5 71.3 76.2 65.7 70.1 68.4 70.7 61.9 64.3 63.0
Total liabilities143 52.5 59.3 63.3 65.6 70.7 91.9 98.8 96.5 106 137 146 152 155 169 184 158 154 151 149 148 152 120 119 343 339 334 327 328 369 390 330 324 315 325 303 304 306 304 307 305 313 321 336 341 338 337 337 330 333 325 319 307 294 287
Equity4.95 10.4 119 123 124 127 132 136 140 139 137 97.5 93.8 92.1 79.3 70.8 25.8 33.7 43.9 35.9 35.9 31.4 26.2 52.0 52.7 46.7 45.6 46.9 51.0 50.6 44.9 32.3 32.9 29.7 28.1 35.4 41.1 37.6 32.0 34.9 36.4 38.4 35.9 36.1 32.5 27.2 21.9 9.64 3.74 -5.58 -13.9 -30.8 -38.9 -45.3 -48.0 -51.0
Cash flow
Quarterly · In mn (USD)
Operating 3.31 mn Investing -1.51 mn Financing -1.94 mn
2012Q4 2013Q1 2013Q2 2013Q3 2013Q4 2013Q1 2013Q2 2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 2017Q1 2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2019Q1 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4 2023Q1 2023Q2 2023Q3 2023Q4 2024Q1 2024Q2 2024Q3 2024Q4 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2

Positive = cash in, negative = cash out.

Show table:Cash flow statement
Item2012Q42013Q12013Q22013Q32013Q42013Q12013Q22013Q32013Q42014Q12014Q22014Q32014Q42015Q12015Q22015Q32015Q42017Q12017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42019Q12019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q12026Q2
Operating27.9 13.3 12.1 6.69 7.96 11.8 12.7 11.2 10.3 8.85 18.3 11.6 13.3 9.33 15.2 6.62 5.68 5.68 6.60 3.78 8.67 -8.08 -0.15 1.30 11.0 -1.00 3.84 -7.70 10.2 0.11 8.89 7.26 13.8 -0.66 7.37 1.61 0.81 3.78 19.5 6.65 6.27 -6.06 12.1 1.78 1.74 7.22 3.16 16.9 0.16 7.01 4.72 5.82 -9.98 4.03 -0.85 5.18 -1.07 6.02 3.31
Investing-30.1 -18.9 -11.6 -16.9 -13.3 -12.3 -14.1 -14.6 -11.5 -12.9 -29.1 -18.5 -9.78 -12.7 -13.8 -14.5 -12.3 -12.3 -11.7 -9.27 -9.47 -6.60 -5.61 -5.25 -3.36 -4.80 -2.25 -2.39 -4.40 -5.55 -3.70 -5.57 -3.62 -3.92 -2.89 -3.08 -1.06 -2.73 -4.74 -5.08 -5.81 -6.83 -8.31 -5.82 -11.3 -10.4 -13.4 -12.8 -15.2 -8.65 -7.13 -7.15 -3.79 -2.92 -3.40 -3.74 -2.34 -2.08 -1.51
Financing-10.7 6.11 -0.87 10.1 5.78 0.19 1.37 3.85 0.95 4.14 12.3 6.58 -3.81 3.75 -1.38 7.80 6.53 6.53 5.06 5.64 0.67 16.1 5.68 2.89 -6.39 5.07 -0.58 8.37 -3.08 2.58 -3.65 -1.94 -2.80 44.6 7.07 -52.0 -0.53 -5.77 -0.52 -15.7 -1.35 12.2 -3.60 4.10 9.28 3.76 11.3 -4.75 15.5 -0.04 2.88 2.83 11.6 -0.87 5.12 0.99 -0.02 -3.76 -1.94
Cash at period end0.52 1.02 0.58 0.98 0.62 0.59 0.97 0.67 0.71 2.25 1.91 1.64 2.00 2.02 1.91 1.91 1.91 1.89 1.97 1.84 3.25 3.16 2.09 3.36 2.62 3.64 1.92 4.66 4.66 1.80 3.34 3.09 10.5 50.5 62.1 8.62 7.84 3.12 17.3 3.15 2.26 1.60 1.79 1.84 1.52 2.06 3.14 2.53 3.01 1.33 1.81 3.31 1.15 1.40 2.26 4.69 1.26 1.44 1.30
Profitability
Quarterly · %
Operating margin -1.2% Net margin -3.1%
2012Q4 2013Q1 2013Q2 2013Q3 2013Q4 2013Q1 2013Q2 2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 2017Q1 2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2019Q1 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4 2023Q1 2023Q2 2023Q3 2023Q4 2024Q1 2024Q2 2024Q3 2024Q4 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2

Gross, operating and net margin = the respective profit ÷ revenue.

Show table:Profitability
Item2012Q42013Q12013Q22013Q32013Q42013Q12013Q22013Q32013Q42014Q12014Q22014Q32014Q42015Q12015Q22015Q32015Q42017Q12017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42019Q12019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q12026Q2
Operating margin4.7%5.0%6.9%5.2%4.3%3.2%1.1%6.3%5.6%2.7%6.0%4.8%5.0%-4.1%4.3%-13.0%-5.5%-2.5%-2.5%-9.3%-7.4%-34.3%-22.0%-0.7%-6.5%0.1%-2.4%-3.5%1.8%0.8%-1.0%1.0%4.3%0.2%-4.8%-15.6%0.7%-3.1%-1.3%4.9%4.3%-3.8%-5.4%1.4%1.2%1.4%-1.8%-0.2%1.6%-3.7%-3.4%-9.0%-3.9%-6.0%-5.2%-11.7%-5.2%-3.3%-0.7%-1.2%
Net margin1.5%1.9%2.9%0.2%2.0%1.1%0.1%3.7%2.6%1.6%3.5%2.8%3.3%-2.6%2.7%-8.4%-3.6%-2.1%-2.1%-11.6%-8.0%-35.1%-23.0%-1.6%-7.3%-0.4%-3.2%-5.1%0.9%0.0%-1.7%0.4%3.6%-1.0%-5.8%-16.8%-0.1%-3.6%-1.8%4.5%3.8%-4.1%-5.7%1.0%0.6%0.7%-2.5%-1.0%0.6%-4.9%-5.1%-10.7%-5.5%-8.0%-7.3%-13.9%-7.5%-5.5%-2.8%-3.1%
Returns & leverage
Quarterly · %
ROE -978.4% ROA -8.8% Debt ratio 121.6%
2012Q4 2013Q1 2013Q2 2013Q3 2013Q4 2013Q1 2013Q2 2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 2017Q1 2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2019Q1 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4 2023Q1 2023Q2 2023Q3 2023Q4 2024Q1 2024Q2 2024Q3 2024Q4 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2

ROE / ROA = trailing four-quarter net income ÷ average equity / total assets (annual mode: the year’s net income ÷ average of opening and closing). Not computed when the denominator is zero or negative.

Show table:Returns & leverage
Item2012Q42013Q12013Q22013Q32013Q42013Q12013Q22013Q32013Q42014Q12014Q22014Q32014Q42015Q12015Q22015Q32015Q42017Q12017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42019Q12019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q12026Q2
ROE67.2%2.3%4.8%9.9%5.7%8.5%8.0%8.6%5.5%5.1%-5.1%-11.8%-16.5%-26.1%-34.8%-277.6%-152.8%-136.1%-154.4%-121.5%-43.7%-52.3%-20.4%-19.1%3.4%-5.2%-41.0%-49.2%-58.0%-53.1%-0.7%12.4%10.9%-2.6%-14.6%-23.3%-8.7%0.0%-7.5%-8.0%-30.1%-44.5%-110.2%-180.2%-335.6%-978.4%
ROA3.3%1.6%3.2%3.9%3.7%5.7%5.0%5.4%3.4%3.0%-2.6%-5.8%-7.7%-9.9%-12.0%-34.2%-43.0%-38.9%-38.6%-19.0%-7.4%-9.8%-5.0%-4.7%0.4%-0.6%-4.0%-5.6%-6.3%-5.1%-0.1%1.3%1.1%-0.2%-1.5%-2.6%-1.0%0.0%-0.8%-0.8%-2.8%-3.6%-7.2%-9.2%-10.4%-11.5%-13.4%-14.6%-14.5%-13.1%-8.8%
Debt ratio91.1%30.6%32.6%33.7%34.1%34.9%40.4%41.4%41.0%43.7%58.4%60.9%62.3%66.1%70.4%87.7%77.8%77.8%80.8%80.6%82.5%85.3%69.8%69.4%88.0%88.1%87.7%86.5%86.6%89.2%92.4%91.0%91.6%91.8%90.2%88.1%89.0%90.5%89.7%89.4%88.8%89.7%89.9%91.2%92.6%93.9%97.2%98.9%101.7%104.3%110.5%113.9%117.3%119.5%121.6%
EPS
Quarterly · US$
EPS US$-0.67
2012Q4 2013Q1 2013Q2 2013Q3 2013Q4 2013Q1 2013Q2 2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 2017Q1 2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2019Q1 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4 2023Q1 2023Q2 2023Q3 2023Q4 2024Q1 2024Q2 2024Q3 2024Q4 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2
Show table:EPS
Item2012Q42013Q12013Q22013Q32013Q42013Q12013Q22013Q32013Q42014Q12014Q22014Q32014Q42015Q12015Q22015Q32015Q42017Q12017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42019Q12019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q12026Q2
EPS(US$)0.160.060.090.010.070.040.000.110.080.050.110.100.11-0.090.10-0.35-0.15-0.09-0.09-0.51-0.35-1.63-0.99-0.22-0.20-0.01-0.09-0.140.020.00-0.040.010.09-0.03-0.13-0.300.00-0.09-0.040.120.10-0.10-0.140.030.020.02-0.07-0.030.02-0.13-0.14-0.30-0.15-0.22-0.20-0.38-0.20-6.58-0.58-0.67

Source: SEC EDGAR (XBRL company facts)

Annual reports by year

10-K: annual report of a US domestic issuer. Filings are the original documents hosted on SEC EDGAR — this site neither mirrors nor edits them.

FAQ

Where can I read NOODLES & Co (NDLS) annual reports?

Every year in the table above links straight to the full text on SEC EDGAR. US annual reports are web pages (HTML) rather than PDFs, so you can read and search them in the browser without downloading anything. 3 filings are currently indexed.

What is the difference between a 10-K and a 20-F?

A 10-K is the annual report of a US domestic issuer, with sections fixed by law: Item 1 Business, Item 1A Risk Factors, Item 7 Management's Discussion and Analysis. A 20-F is filed by foreign private issuers — Taiwanese companies with US ADRs, such as TSMC, file 20-F rather than 10-K. A 40-F applies to Canadian issuers under the MJDS.

Are earnings call materials available here?

No. Earnings calls are not SEC filings, so US pages on this site cover annual reports only. Taiwan has a mandatory investor-conference disclosure regime, and those materials are indexed under Annual Reports.

Source: US Securities and Exchange Commission (SEC) EDGAR. This site indexes public filings and links to them; it hosts no copies, offers no investment advice, and makes no warranty as to timeliness or completeness.
Back to US annual reports, or see the supply-chain maps.