Filing Flows

Filing Flows › Companies › BJs Restaurants › Cash flow

BJs Restaurants cash flow, quarter by quarter

Latest: Q3 2026 · from the cash-flow statements filed with the SEC

Free cash flow$22.2M in Q3 2026 · $64.5M over twelve months

Operating cash flow$41.7M
Capital spending−$19.6M
Free cash flow+$22.2M
Cash / net income7.9×
Cash conversion cycle-40 days

Analysis

In Q3 2026, BJs Restaurants generated $41.7M of operating cash flow and spent $19.6M on capital projects, leaving free cash flow of $22.2M.

Over the twelve months to Sep 29, 2026, operating cash flow was $134M; the largest uses were net borrowing (+) / repaid (−) ($73.5M), capital spending ($69.8M), buybacks ($14.1M); besides operations, cash came from shares issued ($13.6M), asset & business sales ($63K); the cash balance fell by $12.5M.

Operating cash flow was $41.7M against net income of $5.3M — 7.9× profit, cash ran ahead of reported earnings. The largest differences: depreciation & amortization +$21.1M, accrued liabilities +$14.7M, payables −$2.4M.

Its cash conversion cycle was -40 days (receivables 4 + inventory 0 − payables 45): suppliers fund its working capital.

Free cash flow

BJs Restaurants: free cash flow by quarterBJs Restaurants: free cash flow by quarter$15.8MQ4 2024−$12.1MQ1 2025$41.9MQ2 2025$3.6MQ3 2025$7.5MQ4 2025$27.2MQ1 2026$7.7MQ2 2026$22.2MQ3 2026
Operating cash flow less capital spending.
BJs Restaurants: operating cash flow against capital spendingBJs Restaurants: operating cash flow against capital spendingOperating cash flowCapital spending$31.6M$15.9MQ4 2024$4.6M$16.7MQ1 2025$62.3M$20.4MQ2 2025$25.1M$21.5MQ3 2025$18.6M$11.1MQ4 2025$43.0M$15.8MQ1 2026$31.1M$23.3MQ2 2026$41.7M$19.6MQ3 2026
Latest (Q3 2026): Operating cash flow $41.7M, Capital spending $19.6M.

Capital allocation, year by year

BJs Restaurants: where the cash came from (up) and went (down), by fiscal yearBJs Restaurants: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingShares issuedAsset salesCapital spendingBuybacksDividendsFY2021: Operating cash flow $64.3MFY2021: Net borrowing −$66.8MFY2021: Shares issued $33.4MFY2021: Asset sales $21KFY2021: Capital spending −$42.2MFY2021: Dividends −$118K$97.7MFY2021FY2022: Operating cash flow $51.1MFY2022: Net borrowing $10.0MFY2022: Asset sales $6.7MFY2022: Capital spending −$78.6MFY2022: Buybacks −$2.4MFY2022: Dividends −$100K$67.8MFY2022FY2023: Operating cash flow $106MFY2023: Net borrowing $8.0MFY2023: Shares issued $875KFY2023: Asset sales $3KFY2023: Capital spending −$98.9MFY2023: Buybacks −$11.0MFY2023: Dividends −$32K$115MFY2023FY2024: Operating cash flow $101MFY2024: Net borrowing −$1.5MFY2024: Shares issued $207KFY2024: Asset sales $7KFY2024: Capital spending −$76.9MFY2024: Buybacks −$25.1MFY2024: Dividends −$13K$102MFY2024FY2025: Operating cash flow $111MFY2025: Net borrowing $18.5MFY2025: Shares issued $7.6MFY2025: Asset sales $43KFY2025: Capital spending −$69.6MFY2025: Buybacks −$67.8M$137MFY2025
Over these 5 years operating cash flow totalled $433M; the largest uses were capital spending ($366M) and buybacks ($106M). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$12.9M
Debt$16.0M
Net debt$3.1M

BJs Restaurants funds itself: free cash flow was $64.5M over the last twelve months, and $12.9M of cash and investments stands against $16.0M of debt.

Where the cash came from and went

BJs Restaurants: sources (+) and uses (−) of cash, Q3 2026BJs Restaurants: sources (+) and uses (−) of cash, Q3 2026Operating cash flow$41.7MNet borrowing (+) / repaid (−)−$28.0MCapital spending−$19.6MShares issued$6.6MCash drawn (+) / kept (−)$1.5MBuybacks−$1.0MOther investing−$867KTaxes on employees’ shares−$334K
BJs Restaurants: sources (+) and uses (−) of cash, TTM to Q3 2026BJs Restaurants: sources (+) and uses (−) of cash, TTM to Q3 2026Operating cash flow$134MNet borrowing (+) / repaid (−)−$73.5MCapital spending−$69.8MBuybacks−$14.1MShares issued$13.6MCash drawn (+) / kept (−)$12.5MOther investing−$2.2MTaxes on employees’ shares−$841KAsset & business sales$63K

From profit to cash

BJs Restaurants: net income to operating cash flow, Q3 2026BJs Restaurants: net income to operating cash flow, Q3 2026Net income$5.3MDepreciation & amortization$21.1MStock-based pay$2.2MDeferred taxes−$1.1MReceivables−$200KInventory$176KPayables−$2.4MAccrued liabilities$14.7MPrepaid and other assets−$373KOther liabilities$5KOperating cash flow$41.7M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.
QuarterReceivable daysInventory daysPayable daysCash conversion cycle
Q3 20264—45-40
Q2 20264—41-38
Q1 20264—42-38
Q4 20254—42-37
Q3 20255—51-46
Q2 20254—35-31
Q1 20255—37-33
Q4 20245—50-45

Every quarter

QuarterOperating cash flowCapital spendingBuybacksDividendsNet borrowing (+) / repaid (−)Shares issuedCash drawn (+) / kept (−)Free cash flow
Q3 2026$41.7M−$19.6M−$1.0M—−$28.0M$6.6M$1.5M$22.2M
Q2 2026$31.1M−$23.3M−$2.4M—−$18.0M$5.8M$8.2M$7.7M
Q1 2026$43.0M−$15.8M−$5.3M—−$23.0M$426K$1.1M$27.2M
Q4 2025$18.6M−$11.1M−$5.4M—−$4.5M$794K$1.6M$7.5M
Q3 2025$25.1M−$21.5M−$33.2M—$29.0M$139K$533K$3.6M
Q2 2025$62.3M−$20.4M−$15.1M—−$25.0M$6.0M−$7.0M$41.9M
Q1 2025$4.6M−$16.7M−$14.1M—$19.0M$680K$7.1M−$12.1M
Q4 2024$31.6M−$15.9M−$8.0M−$2K—$39K−$7.7M$15.8M

BJs Restaurants: income statement and cash flow

BJs Restaurants, Q3 2026: revenue $359M (+9% year over year), operating margin 1.5%. The chart follows the revenue to costs, profit and cash.

BJs Restaurants: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.