Filing Flows › Cheesecake Factory (CAKE) › Q2 2026
Cheesecake Factory (CAKE) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 3, 2026
Cheesecake Factory (CAKE) reported revenue of $1.0B for the second quarter 2026 (Q2 2026), +8% from a year earlier and +5% from the quarter before. Operating margin was 7.6%, net earnings $68.4M (6.6% of revenue).
Cheesecake Factory, Q2 2026: revenue $1.0B (+8% year over year), operating margin 7.6%, net earnings $68.4M, operating cash flow $92.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0B | +5% | +8% |
| Operating profit | $78.6M | +43% | +21% |
| Net earnings | $68.4M | +38% | +25% |
| Operating cash flow | $92.2M | -5% | +62% |
| Free cash flow | $49.3M | -8% | +222% |
What changed
Revenue was $1.0B in Q2 2026, up 8% year over year and up 5% from the previous quarter. The Cheesecake Factory restaurants was the largest line at 71% of revenue. The Cheesecake Factory restaurants added $0.05B year over year (up 7%), 63% of the total change.
Operating profit was $0.08B, a 7.6% margin (up 0.9 points year over year). Of the extra revenue versus Q2 2025, 19% reached operating profit, above the 7% margin then. Total costs grew 7% against revenue growth of 8%. The fastest-growing cost line was General & admin (+12%). Net earnings were $0.07B, up 25% year over year. The effective tax rate was 11.1%.
Operating cash flow was $0.09B (up 62% year over year), 135% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.01B. Capital expenditures of $0.04B left free cash flow of $0.05B.
Questions
What was Cheesecake Factory's revenue in the second quarter 2026?
Cheesecake Factory (CAKE) reported revenue of $1.0B for the second quarter 2026 (Q2 2026), +8% from a year earlier and +5% from the quarter before.
Was Cheesecake Factory profitable in the second quarter 2026?
Operating profit was $78.6M (7.6% of revenue) and net earnings $68.4M.
Source: Cheesecake Factory 10-Q on SEC EDGAR.