PerpEquities

Equity

CAVA Group, Inc. (CAVA) perpetual futures

CAVA perpetual futures on 1 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade CAVAUSDT.

CAVA Group, Inc. tracked across crypto venues with normalized contract specifications.

$54.00+0.2%NYSE closed
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Collecting venue price data...
venue perp mark · MEXC (CAVA/USDT)
Auto: highest-volume live perp venueOpen in TradingView

Trading data

Perpetual market activity

1/1 live markets
Venues
1
Live markets
1/1
24h volume
$82.4K
Open interest
$152.9K
Best liquidity
$0
MEXC
Tightest spread
+292.6 bps
MEXC
Highest volume
$82.4K
MEXC
Settlement mix
USDT · 1/1
Perp/spot vol.
0.00x
Spot volume $173.8M
OI / float
0.00%
Float $5.8B
Spot performance
1D+0.84%
5D+2.00%
1M-27.88%
6M-39.01%
YTD-9.52%
1Y-18.48%

Venue matrix

1 markets

Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.

Trade
MEXCTradeCAVA/USDTTrading$54.00+21.9% APR
+0.020% every 8h
+292.6 bps$0$82.4K$152.9KUSDT20x

Tradability

Execution quality

Entry cost and depth per venue at $1k–$100k

No sufficient depth · 0 of 1 venues absorb $10k

No fresh book data: MEXC

Taker execution estimate incl. approx. fees - maker fills are not guaranteed.

Best venues for this underlying

Best liquidity

CAVA

Tightest spread

CAVA

Highest volume

CAVA

Funding history

Stored venue snapshots by market

Company data

Company fundamentals

Updated 2h ago
Market cap
$6.1B
Updated 2h ago
Revenue
$1.4B
Trailing 12 months
Revenue growth
+28%
Next fiscal year
Profit margin
+4.8%
P/E
92.2
Peer P/E -4.4
Free cash flow
$49M
Trailing 12 months
More metrics
Net income
$66.3M
Trailing 12 months
P/S
4.5
Peer P/E
-4.4
Similar listed perps
Revenue estimate
$1.5B
Next fiscal year
Earnings
2026-11-10
Revenue est. $360M · Updated 2h ago
Dividend
-

Fundamental detail

Annual + quarterly
Latest revenue$1.2B
Net margin+5.4%
Free cash flow$26.1M
Net debt$183.3M
2021$500.1M
2022$564.1M
2023$728.7M
2024$963.7M
2025$1.2B
PeriodRevenueGrowthNet incomeFCF
2021$500.1M--$37.4M-$53M
2022$564.1M+13%-$59M-$98.3M
2023$728.7M+29%$13.3M-$41.7M
2024$963.7M+32%$130.3M$52.9M
2025$1.2B+22%$63.7M$26.1M
PeriodGross marginOperating marginNet marginROEROA
2021+16.4%-10.5%-7.5%+9.5%-10.3%
2022+17.4%-10.6%-10.5%+13.2%-10.1%
2023+24.7%+0.6%+1.8%+2.3%+1.3%
2024+25.1%+4.5%+13.5%+18.7%+11.1%
2025+18.4%+6.7%+5.4%+8.2%+4.7%
PeriodCashDebtNet debtCurrent ratio
2021$140.3M$15.3M-$125M2.98
2022$39.1M$314.7M$275.6M0.69
2023$332.4M$336.2M$3.8M3.25
2024$366.1M$378.7M$12.6M2.97
2025$282.9M$466.2M$183.3M2.65
PeriodMarket capEnterprise valueP/SP/E
2021$32M-$92.9M0.1-0.9
2022$58.1M$333.7M0.1-1.0
2023$2.7B$2.7B3.7195.4
2024$12.7B$12.8B13.297.8
2025$7B$7.1B5.9109.0
Q3 2024$243.8M
Q4 2024$227.4M
Q1 2025$331.8M
Q2 2025$280.6M
Q3 2025$292.2M
Q4 2025$275M
Q1 2026$438.3M
Q2 2026$368.4M
PeriodRevenueGrowthNet incomeFCF
Q3 2024$243.8M+39%$18M$23.4M
Q4 2024$227.4M+28%$78.6M$2.1M
Q1 2025$331.8M+28%$25.7M$2.7M
Q2 2025$280.6M+20%$18.4M$19.2M
Q3 2025$292.2M+20%$14.7M$1.4M
Q4 2025$275M+21%$4.9M$2.9M
Q1 2026$438.3M+32%$23.6M$15.5M
Q2 2026$368.4M+31%$23M$29.3M
PeriodGross marginOperating marginNet marginROEROA
Q3 2024+25.7%+5.6%+7.4%+2.9%+1.7%
Q4 2024+22.6%+1.7%+34.6%+11.3%+6.7%
Q1 2025+19.1%+6.6%+7.7%+3.5%+2.1%
Q2 2025+20.6%+9.2%+6.5%+2.4%+1.4%
Q3 2025+18.7%+8.0%+5.0%+1.9%+1.1%
Q4 2025+14.9%+3.1%+1.8%+0.6%+0.4%
Q1 2026+19.6%+7.9%+5.4%+2.9%+1.7%
Q2 2026+25.9%+7.3%+6.2%+2.7%+1.5%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$367.2M$369.8M$2.6M2.93
Q4 2024$366.1M$378.7M$12.6M2.97
Q1 2025$289.4M$412.5M$123.1M3.00
Q2 2025$290.2M$433.8M$143.7M2.72
Q3 2025$284.6M$443.3M$158.8M2.69
Q4 2025$282.9M$466.2M$183.3M2.65
Q1 2026$295.8M$498.5M$202.7M2.65
Q2 2026$322.8M$520.7M$198M2.48
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$14.4B$14.4B59.1196.9
Q4 2024$12.9B$13B56.940.9
Q1 2025$9.3B$9.4B28.091.3
Q2 2025$10.4B$10.5B37.1140.4
Q3 2025$7.4B$7.6B25.3122.7
Q4 2025$7B$7.1B25.3353.5
Q1 2026$11.3B$11.5B25.9121.7
Q2 2026$8.5B$8.7B23.090.7

Refreshed 2h ago

Charts: revenue, profit, cash flow & valuation
Revenue$368.4MQ2 2026
$109.6M$219.1M$328.7M$438.3MQ3 2023: $175.6MQ4 2023: $177.2MQ1 2024: $259MQ2 2024: $233.5MQ3 2024: $243.8MQ4 2024: $227.4MQ1 2025: $331.8MQ2 2025: $280.6MQ3 2025: $292.2MQ4 2025: $275MQ1 2026: $438.3MQ2 2026: $368.4MQ3 2023Q2 2026
Net income$23MQ2 2026
$19.7M$39.3M$59M$78.6MQ3 2023: $6.8MQ4 2023: $2MQ1 2024: $14MQ2 2024: $19.7MQ3 2024: $18MQ4 2024: $78.6MQ1 2025: $25.7MQ2 2025: $18.4MQ3 2025: $14.7MQ4 2025: $4.9MQ1 2026: $23.6MQ2 2026: $23MQ3 2023Q2 2026
EBITDA$51.5MQ2 2026
$13.9M$27.8M$41.6M$55.5MQ3 2023: $20MQ4 2023: $15.2MQ1 2024: $31.5MQ2 2024: $34.1MQ3 2024: $32.8MQ4 2024: $22.9MQ1 2025: $41.2MQ2 2025: $40.5MQ3 2025: $38.3MQ4 2025: $24.5MQ1 2026: $55.5MQ2 2026: $51.5MQ3 2023Q2 2026
Free cash flow$29.3MQ2 2026
$493.5K$10.1M$19.7M$29.3MQ3 2023: -$9.1MQ4 2023: -$7.2MQ1 2024: $4.7MQ2 2024: $22.7MQ3 2024: $23.4MQ4 2024: $2.1MQ1 2025: $2.7MQ2 2025: $19.2MQ3 2025: $1.4MQ4 2025: $2.9MQ1 2026: $15.5MQ2 2026: $29.3MQ3 2023Q2 2026
EPS$0.19Q2 2026
$0.17$0.33$0.5$0.66Q3 2023: $0.06Q4 2023: $0.02Q1 2024: $0.12Q2 2024: $0.17Q3 2024: $0.15Q4 2024: $0.66Q1 2025: $0.22Q2 2025: $0.16Q3 2025: $0.12Q4 2025: $0.04Q1 2026: $0.2Q2 2026: $0.19Q3 2023Q2 2026
Cash / Debt$322.8MQ2 2026
$130.2M$260.4M$390.6M$520.7MQ3 2023 · Cash: $340.4MQ3 2023 · Debt: $342.4MQ4 2023 · Cash: $332.4MQ4 2023 · Debt: $336.2MQ1 2024 · Cash: $329.1MQ1 2024 · Debt: $350.8MQ2 2024 · Cash: $343.7MQ2 2024 · Debt: $359.1MQ3 2024 · Cash: $367.2MQ3 2024 · Debt: $369.8MQ4 2024 · Cash: $366.1MQ4 2024 · Debt: $378.7MQ1 2025 · Cash: $289.4MQ1 2025 · Debt: $412.5MQ2 2025 · Cash: $290.2MQ2 2025 · Debt: $433.8MQ3 2025 · Cash: $284.6MQ3 2025 · Debt: $443.3MQ4 2025 · Cash: $282.9MQ4 2025 · Debt: $466.2MQ1 2026 · Cash: $295.8MQ1 2026 · Debt: $498.5MQ2 2026 · Cash: $322.8MQ2 2026 · Debt: $520.7MQ3 2023Q2 2026
CashDebt
Profitability+25.9%Q2 2026
+8.0%+16.8%+25.7%+34.6%Q3 2023 · Gross margin: +25.3%Q4 2023 · Gross margin: +22.5%Q1 2024 · Gross margin: +25.2%Q2 2024 · Gross margin: +26.7%Q3 2024 · Gross margin: +25.7%Q4 2024 · Gross margin: +22.6%Q1 2025 · Gross margin: +19.1%Q2 2025 · Gross margin: +20.6%Q3 2025 · Gross margin: +18.7%Q4 2025 · Gross margin: +14.9%Q1 2026 · Gross margin: +19.6%Q2 2026 · Gross margin: +25.9%Q3 2023 · Operating margin: +1.6%Q4 2023 · Operating margin: -0.9%Q1 2024 · Operating margin: +3.6%Q2 2024 · Operating margin: +6.9%Q3 2024 · Operating margin: +5.6%Q4 2024 · Operating margin: +1.7%Q1 2025 · Operating margin: +6.6%Q2 2025 · Operating margin: +9.2%Q3 2025 · Operating margin: +8.0%Q4 2025 · Operating margin: +3.1%Q1 2026 · Operating margin: +7.9%Q2 2026 · Operating margin: +7.3%Q3 2023 · Net margin: +3.9%Q4 2023 · Net margin: +1.2%Q1 2024 · Net margin: +5.4%Q2 2024 · Net margin: +8.5%Q3 2024 · Net margin: +7.4%Q4 2024 · Net margin: +34.6%Q1 2025 · Net margin: +7.7%Q2 2025 · Net margin: +6.5%Q3 2025 · Net margin: +5.0%Q4 2025 · Net margin: +1.8%Q1 2026 · Net margin: +5.4%Q2 2026 · Net margin: +6.2%Q3 2023Q2 2026
Gross marginOperating marginNet margin
Revenue growth+31.3%Q2 2026
+9.7%+19.4%+29.2%+38.9%Q3 2024: +38.9%Q4 2024: +28.3%Q1 2025: +28.1%Q2 2025: +20.2%Q3 2025: +19.9%Q4 2025: +20.9%Q1 2026: +32.1%Q2 2026: +31.3%Q3 2023Q2 2026
Shares outstanding118.4MQ2 2026
29.6M59.3M88.9M118.5MQ3 2023: 47.4MQ4 2023: 117.3MQ1 2024: 117.9MQ2 2024: 118.3MQ3 2024: 118.4MQ4 2024: 118.5MQ1 2025: 118.4MQ2 2025: 118.3MQ3 2025: 118.3MQ4 2025: 118MQ1 2026: 118.3MQ2 2026: 118.4MQ3 2023Q2 2026
Valuation90.7Q2 2026
149.2298.5447.7596.9Q3 2023 · P/E: 128.7Q4 2023 · P/E: 596.9Q1 2024 · P/E: 124.2Q2 2024 · P/E: 127.4Q3 2024 · P/E: 196.9Q4 2024 · P/E: 40.9Q1 2025 · P/E: 91.3Q2 2025 · P/E: 140.4Q3 2025 · P/E: 122.7Q4 2025 · P/E: 353.5Q1 2026 · P/E: 121.7Q2 2026 · P/E: 90.7Q3 2023 · P/S: 8.4Q4 2023 · P/S: 28.4Q1 2024 · P/S: 26.2Q2 2024 · P/S: 42.3Q3 2024 · P/S: 59.1Q4 2024 · P/S: 56.9Q1 2025 · P/S: 28.0Q2 2025 · P/S: 37.1Q3 2025 · P/S: 25.3Q4 2025 · P/S: 25.3Q1 2026 · P/S: 25.9Q2 2026 · P/S: 23.0Q3 2023Q2 2026
P/EP/S
Revenue$1.2B2025
$294.9M$589.8M$884.7M$1.2B2021: $500.1M2022: $564.1M2023: $728.7M2024: $963.7M2025: $1.2B20212025
Net income$63.7M2025
-$11.7M$35.7M$83M$130.3M2021: -$37.4M2022: -$59M2023: $13.3M2024: $130.3M2025: $63.7M20212025
EBITDA$144.5M2025
$36.1M$72.2M$108.3M$144.5M2021: $12.1M2022: $27.9M2023: $78.9M2024: $121.3M2025: $144.5M20212025
Free cash flow$26.1M2025
-$60.5M-$22.7M$15.1M$52.9M2021: -$53M2022: -$98.3M2023: -$41.7M2024: $52.9M2025: $26.1M20212025
EPS$0.542025
-$38-$25-$11.9$1.12021: -$51.12022: -$44.42023: $0.212024: $1.12025: $0.5420212025
Cash / Debt$282.9M2025
$116.6M$233.1M$349.7M$466.2M2021 · Cash: $140.3M2021 · Debt: $15.3M2022 · Cash: $39.1M2022 · Debt: $314.7M2023 · Cash: $332.4M2023 · Debt: $336.2M2024 · Cash: $366.1M2024 · Debt: $378.7M2025 · Cash: $282.9M2025 · Debt: $466.2M20212025
CashDebt
Profitability+18.4%2025
-1.7%+7.2%+16.2%+25.1%2021 · Gross margin: +16.4%2022 · Gross margin: +17.4%2023 · Gross margin: +24.7%2024 · Gross margin: +25.1%2025 · Gross margin: +18.4%2021 · Operating margin: -10.5%2022 · Operating margin: -10.6%2023 · Operating margin: +0.6%2024 · Operating margin: +4.5%2025 · Operating margin: +6.7%2021 · Net margin: -7.5%2022 · Net margin: -10.5%2023 · Net margin: +1.8%2024 · Net margin: +13.5%2025 · Net margin: +5.4%20212025
Gross marginOperating marginNet margin
Revenue growth+22.4%2025
+8.1%+16.1%+24.2%+32.3%2022: +12.8%2023: +29.2%2024: +32.3%2025: +22.4%20212025
Shares outstanding118M2025
29.6M59.1M88.7M118.3M2021: 732K2022: 1.3M2023: 63.4M2024: 118.3M2025: 118M20212025
Valuation109.02025
48.197.2146.3195.42021 · P/E: -0.92022 · P/E: -1.02023 · P/E: 195.42024 · P/E: 97.82025 · P/E: 109.02021 · P/S: 0.12022 · P/S: 0.12023 · P/S: 3.72024 · P/S: 13.22025 · P/S: 5.920212025
P/EP/S

Next catalyst

Catalysts

Earnings
2026-11-10
Revenue est. $360M · Updated 2h ago

No unusual perp activity right now.

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20260.55$1.5B+28%22
FY 20270.75$1.8B+54%22
FY 20281.03$2.2B+86%11
FY 20291.38$2.5B+116%4
FY 20301.81$3B+155%4
Q2 20290.33$602.4M+63%9

Company events

6
2026-11-10EarningsActual - / Estimate 0.12-
2026-08-11EarningsActual 0.19 / Estimate 0.18Beat
2026-05-19EarningsActual 0.2 / Estimate 0.17Beat
2026-02-24EarningsActual 0.04 / Estimate 0.03Beat
2025-11-04EarningsActual 0.12 / Estimate 0.13Miss
2025-08-12EarningsActual 0.16 / Estimate 0.13Beat

Peer comparison

Similar listed perps

Analyst track record

How the analysts covering CAVA have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings150305
Analysts3540
Buy / hold / sell109 / 40 / 1206 / 98 / 1
Upgrades / downgrades / initiations5 / 1 / 1513 / 4 / 26
Price targets hit / missed1 / 134 (1%)14 / 269 (5%)
Avg. return after a rating (TipRanks)-36.9%-38.9%
Best / worst call+1.5% / -52.0%+59.9% / -73.6%

After buy calls on this stock: not enough measured cases yet

Latest ratings

DateAnalystCallTarget
Sep 23, 2026Joe FeldmanTelsey AdvisoryBuyMaintained$95.00
Sep 18, 2026John IvankoeJ.P. MorganBuyReiterated$80.00
Sep 15, 2026Unknown AnalystSeaport GlobalBuyInitiated$58.00
Sep 16, 2026Logan ReichRBC CapitalBuyMaintained$85.00
Sep 15, 2026Joe FeldmanTelsey AdvisoryBuyMaintained$95.00

TipRanks data via FMP · computed Sep 23, 2026 · 150 ratings

Frequently asked questions

Where can I trade CAVA perpetual futures?

CAVA Group, Inc. (CAVA) perpetual futures trade on 1 crypto venues, including MEXC. PerpEquities compares them by live price, funding rate, open interest and liquidity.

Can I trade CAVA around the clock?

Yes. Unlike the underlying stock, CAVA perpetuals trade 24/7 — including weekends and outside regular market hours.

What is the funding rate on CAVA perpetuals?

Right now the CAVA perp funding rate is +21.9% annualized (venue median), ranging from +21.9% to +21.9% across 1 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.

How does the CAVA perp price compare to the CAVA Group, Inc. stock?

The venue-median CAVA perp mark is $54 versus a reference stock price of $54, a basis of 0.0%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.

What is a CAVA perpetual future?

A CAVA perpetual is a derivative that tracks the price of CAVA Group, Inc. with no expiry date. It lets you take long or short exposure to CAVA Group, Inc. on crypto venues, around the clock.

What is CAVAUSDT perpetual?

CAVAUSDT is the symbol most crypto exchanges use for the CAVA Group, Inc. perpetual settled in USDT (Tether). It tracks the CAVA share price through an index, trades 24/7 with leverage and never expires.

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