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ARK Restaurants (ARKR) earnings and revenue breakdown

Latest: Q3 FY26 · 10-Q filed Aug 11, 2026 · ARK Restaurants (ARKR) Q3 FY26 earnings results →

Q3 FY26 Revenue down 6% year over year to $40.9M · 1¢ of every $1 of revenue lost · operating margin -0.3%

ARK Restaurants made $40.9M in Q3 FY26 (-6% Y/Y): Food and Beverage $40.3M, Other revenue $572K. Operating margin -0.3%, net loss $261K. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 11, 2026.

Revenue$40.9M
Year over year-6%
Operating margin-0.3%
Net earnings−$261K
Operating cash flow$645K

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $40.9M in Q3 FY26, down 6% year over year and up 12% from the previous quarter. Food and Beverage was the largest line at 99% of revenue. Food and Beverage lost $2.6M year over year (down 6%), 93% of the total change.

Operating costs exceeded revenue by $141K, an operating margin of -0.3%. Total costs fell 13% while revenue fell 6%. The quarter ended with a net loss of $261K, narrower than the previous quarter's $1.7M loss.

Operating cash flow was $645K (down 65% year over year). Non-cash charges added back $601K of depreciation and amortization. Working capital and other items added $305K. Capital expenditures of $2.1M exceeded it, leaving free cash flow of −$1.4M.

Quarterly history

ARK Restaurants revenue by quarterARK Restaurants revenue by quarter$43.4MQ4 FY24$39.7MQ2 FY25$43.7MQ3 FY25$37.3MQ4 FY25$40.7MQ1 FY26$36.6MQ2 FY26$40.9MQ3 FY26
ARK Restaurants net earnings by quarterARK Restaurants net earnings by quarter−$5.0MQ4 FY24−$9.1MQ2 FY25−$3.2MQ3 FY25−$1.9MQ4 FY25$896KQ1 FY26−$1.7MQ2 FY26−$261KQ3 FY26
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 FY2610-QAug 11, 2026$40.9M-6%-0.3%−$261K$645K
Q2 FY2610-QMay 12, 2026$36.6M-8%-4.5%−$1.7M−$967K
Q1 FY2610-QFeb 10, 2026$40.7M-9%2.7%$896K−$550K
Q4 FY2510-KDec 18, 2025$37.3M-14%-4.6%−$1.9M$633K
Q3 FY2510-QAug 12, 2025$43.7M-13%-7.8%−$3.2M$1.9M
Q2 FY2510-QMay 13, 2025$39.7M-6%-11.6%−$9.1M$612K
Q4 FY2410-KDec 19, 2024$43.4M-2%-12.7%−$5.0M$728K

Charts

ARK Restaurants: revenue growth, year over year and quarter over quarterARK Restaurants: revenue growth, year over year and quarter over quarterY/YQ/Q-2%Q4 FY24-6%-8%Q2 FY25-13%+10%Q3 FY25-14%-15%Q4 FY25-9%+9%Q1 FY26-8%-10%Q2 FY26-6%+12%Q3 FY26
Latest (Q3 FY26): Y/Y -6%, Q/Q +12%.
ARK Restaurants: where the cash came from (+) and went (−), TTM to Q3 FY26ARK Restaurants: where the cash came from (+) and went (−), TTM to Q3 FY26Capital spending−$6.1MOther financing$5.0MCash drawn (+) / kept (−)$2.8MNet borrowing (+) / repaid (−)−$1.7MAsset & business sales$755KPartners−$571KOperating cash flow−$239KOther investing$50K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
ARK Restaurants: profit against cash, quarter by quarterARK Restaurants: profit against cash, quarter by quarterNet incomeOperating cash flow−$5.0M$728KQ4 FY24$5.1M−$1.3MQ1 FY25−$9.1M$612KQ2 FY25−$3.2M$1.9MQ3 FY25−$1.9M$633KQ4 FY25$1.1M−$550KQ1 FY26−$1.7M−$967KQ2 FY26−$261K$645KQ3 FY26
Latest (Q3 FY26): Net income −$261K, Operating cash flow $645K.
ARK Restaurants: diluted shares by fiscal yearARK Restaurants: diluted shares by fiscal year4MFY204MFY214MFY224MFY234MFY244MFY25
+3.0% since FY20: more shares outstanding (issuance, stock pay).
ARK Restaurants in its industry: growth against margin (41 companies, SIC 5812)ARK Restaurants in its industry: growth against margin (41 companies, SIC 5812)revenue growth, year over year →↑ operating marginmedian +4%median 6%MCDARMKYUMCCMGDRIQSRQSPYUMTXRHEATCAKEBLMNCBRLPLAYPZZABJRICAVAFWRGRRGBJACKDINJMKEPTLOWINGSTKSSGNDLSLOCOBH-AKRUSRICKBDLGENKNATHGTIMLVOREBNNROMBTBDBABBARKR (-6%, 0%)
Retail-Eating Places; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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Customers and suppliers named in filings

Sells to

About ARK Restaurants

We are a New York corporation formed in 1983. As of the fiscal year ended September 27, 2025, we owned and/or operated 16 restaurants and bars, 12 fast food concepts and catering operations through our subsidiaries. Three of our restaurant and bar facilities are located in New York City, one is located in Washington, D.C., five are located in Las Vegas, Nevada, one is located in Atlantic City, New Jersey, four are located on the east coast of Florida and two are located on the Gulf Coast of Alabama. Our restaurants are typically larger, destination properties intended to benefit from high patron traffic attributable to the uniqueness of the location and catered events.

In its own words, from its 10-K, filed Dec 18, 2025.

ARK Restaurants against its Retail-Eating Places peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -6% against the peers' median +5%. Operating margin: -0.3% against the peers' median 13.0%.

CompanyQuarterRevenueY/YOp. margin
ARKR ARK RestaurantsQ3 FY26$40.9M-6%-0.3%
MCD McDonald'sQ3 2026$7.2B+1%50.2%
ARMK AramarkQ3 FY26$5.1B+9%4.3%
YUMC Yum China HoldingsQ3 2026$3.5B+8%13.0%
CMG Chipotle Mexican GrillQ3 2026$3.3B+10%13.7%
DRI Darden RestaurantsQ1 FY27$3.2B+5%10.0%
QSR Restaurant Brands InternationalQ3 2026$2.5B+3%27.6%
YUM Yum BrandsQ3 2026$2.1B+4%112.8%
TXRH Texas RoadhouseQ3 2026$1.6B+10%6.5%

Source: ARK Restaurants 10-Q on SEC EDGAR · CIK 779544 · Retail-Eating Places

13F: who owns ARKR and who is buying

Largest holders of ARKR (13F)Largest holders of ARKR (13F)Dimensional Fund Advisors LP$661KVanguard Group$652KNokomis Capital, L.L.C.$549KVanguard Capital Management LLC$491KBridgeway Capital Management, LLC$235KFirst Manhattan Co. LLC.$182KRenaissance Technologies LLC$141KGeode Capital Management, LLC$109KSusquehanna International Group, …$81KVanguard Fiduciary Trust$78K
Funds' net buying of ARKR by quarter (13F)Funds' net buying of ARKR by quarter (13F)−$229K2024-09$7K2024-12−$8K2025-03$129K2025-06$24K2025-09$224K2025-12−$74K2026-03−$109K2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on ARKR

History

Every quarter: Q3 FY26 results · Q2 FY26 results · Q1 FY26 results · Q4 FY25 results · Q3 FY25 results · Q2 FY25 results · Q4 FY24 results

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