CAVA Group, Inc. (CAVA) income statement
NYSE · Consumer Cyclical · Restaurants · 13,480 employees · CEO Brett Schulman
- Price
- $58.74 -0.79%
- Market cap
- $6.86B
- Enterprise value
- $7.06B
- Last report
- Q2 '26 filed 2026-08-12
- Next report
- 2026-11-04 EPS est. $0.12
CAVA Group, Inc. (CAVA) reported revenue of $368M for Q2 '26 (+31.3% year on year), operating income of $26.8M (7.3% of revenue) and net income of $23M. Over the last four quarters revenue was –.
Income statement
| Income statement | Trend | Q2 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $173M | $177M | $259M | $233M | $244M | $227M | $332M | $281M | $292M | $275M | $438M | $368M | |
| Cost of revenue | $127M | $137M | $194M | $171M | $181M | $176M | $269M | $223M | $238M | $234M | $353M | $273M | |
| Gross profit | $45.4M | $39.9M | $65.4M | $62.4M | $62.6M | $51.4M | $63.3M | $57.9M | $54.7M | $41M | $85.7M | $95.6M | |
| General & administrative | $23.3M | $24.7M | $33.8M | $28.3M | $29.8M | $28.5M | $41.4M | $32.1M | $31.5M | $32.5M | $51M | $39.8M | |
| Other operating expenses | $16.3M | $16.8M | $22.3M | $17.9M | $19M | $18.9M | $0 | $0 | $0 | $0 | $0 | $28.9M | |
| Operating expenses | $39.7M | $41.4M | $56.1M | $46.2M | $48.9M | $47.5M | $41.4M | $32.1M | $31.5M | $32.5M | $51M | $68.7M | |
| Operating income | $5.76M | -$1.58M | $9.25M | $16.1M | $13.8M | $3.95M | $21.9M | $25.8M | $23.2M | $8.43M | $34.7M | $26.8M | |
| Interest income | $699K | $4.22M | $4.91M | $3.82M | $4.09M | $3.65M | $4.62M | $3.58M | $3.58M | $3.27M | $4.08M | $3.29M | |
| Other non-operating income (gains on investments, FX ...) | -$5.64M | -$4.43M | -$4.95M | -$4.2M | -$4.72M | -$3.96M | $1.5M | $2.12M | $2.57M | $2.35M | $4.64M | -$3.73M | |
| Total non-operating income | $817K | $4.28M | $4.99M | $3.88M | $4.14M | $3.78M | -$1.5M | -$2.12M | -$2.57M | -$2.35M | -$4.64M | $3.73M | |
| Income before tax | $6.58M | $2.7M | $14.2M | $20M | $17.9M | $7.73M | $20.4M | $23.7M | $20.7M | $6.08M | $30M | $30.6M | |
| Income tax | $40K | $652K | $252K | $287K | -$57K | -$70.9M | -$5.35M | $5.33M | $5.92M | $1.16M | $6.47M | $7.56M | |
| Net income | $6.54M | $2.05M | $14M | $19.7M | $18M | $78.6M | $25.7M | $18.4M | $14.7M | $4.92M | $23.6M | $23M | |
| EPS (basic) | $0.21 | $0.02 | $0.12 | $0.17 | $0.16 | $0.69 | $0.22 | $0.16 | $0.13 | $0.04 | $0.20 | $0.20 | |
| EPS (diluted) | $0.21 | $0.02 | $0.12 | $0.17 | $0.15 | $0.66 | $0.22 | $0.16 | $0.12 | $0.04 | $0.20 | $0.19 | |
| Shares (basic, weighted) | 31.3M | 117M | 114M | 114M | 114M | 115M | 116M | 116M | 116M | 116M | 116M | 117M | |
| Shares (diluted, weighted) | 31.3M | 117M | 118M | 118M | 118M | 119M | 118M | 118M | 118M | 118M | 118M | 118M | |
| Depreciation & amortization | $10.7M | $12.3M | $17.3M | $13.7M | $14.3M | $15M | $20.8M | $16.8M | $17.6M | $18.4M | $25.5M | $21M | |
| EBITDA | $22.1M | $15.2M | $31.5M | $34.1M | $32.8M | $22.9M | $41.2M | $40.5M | $38.3M | $24.5M | $55.5M | $51.5M |
| Income statement | Trend | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | $500M | $564M | $729M | $964M | $1.18B | |
| Cost of revenue | $418M | $466M | $548M | $722M | $963M | |
| Gross profit | $82.2M | $98M | $180M | $242M | $217M | |
| General & administrative | $64.8M | $70M | $101M | $121M | $137M | |
| Other operating expenses | $70.1M | $87.7M | $74.1M | $78.2M | $0 | |
| Operating expenses | $135M | $158M | $176M | $199M | $137M | |
| Operating income | -$52.8M | -$59.8M | $4.73M | $43.1M | $79.3M | |
| Interest income | $0 | $0 | $8.85M | $16.5M | $15M | |
| Interest expense | $4.81M | $47K | $0 | $0 | $0 | |
| Other non-operating income (gains on investments, FX ...) | -$20.3M | -$45M | -$26.7M | -$17.8M | $8.55M | |
| Total non-operating income | $15.5M | $872K | $9.32M | $16.8M | -$8.55M | |
| Income before tax | -$37.3M | -$58.9M | $14M | $59.9M | $70.8M | |
| Income tax | $117K | $93K | $768K | -$70.4M | $7.06M | |
| Net income | -$37.4M | -$59M | $13.3M | $130M | $63.7M | |
| EPS (basic) | -$51.08 | -$44.42 | $0.22 | $1.14 | $0.55 | |
| EPS (diluted) | -$51.08 | -$44.42 | $0.21 | $1.10 | $0.54 | |
| Shares (basic, weighted) | 732K | 1.33M | 63.4M | 114M | 116M | |
| Shares (diluted, weighted) | 732K | 1.33M | 63.4M | 118M | 118M | |
| Depreciation & amortization | $44.4M | $42.7M | $47.4M | $60.4M | $73.7M | |
| EBITDA | $12M | $27.9M | $78.9M | $121M | $144M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-07-12, 10-Q 2026-04-19, 10-K 2025-12-28, 10-Q 2025-10-05, 10-Q 2025-07-13, 10-Q 2025-04-20, 10-K 2024-12-29, 10-Q 2024-10-06, 10-Q 2024-07-14
Data as of 2026-11-02