Filing Flows › Cava Group (CAVA) › Q2 2025
Cava Group (CAVA) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 13, 2025
Cava Group (CAVA) reported revenue of $281M for the second quarter 2025 (Q2 2025), +20% from a year earlier. Operating margin was 7.0%, net earnings $18.4M (6.5% of revenue).
Cava Group, Q2 2025: revenue $281M (+20% year over year), operating margin 7.0%, net earnings $18.4M, operating cash flow $60.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $281M | — | +20% |
| Operating profit | $19.6M | — | +22% |
| Net earnings | $18.4M | — | -7% |
| Operating cash flow | $60.3M | — | +23% |
| Free cash flow | $19.2M | — | -15% |
What changed
Revenue was $280.6M in Q2 2025, up 20% year over year. Restaurant revenue was the largest line at 99% of revenue. Restaurant revenue added $46.9M year over year (up 20%), 99% of the total change.
Operating profit was $19.6M, a 7.0% margin (up 0.1 points year over year). Of the extra revenue versus a year earlier, 7% reached operating profit, above the 7% margin then. The fastest-growing cost line was Other operating costs (+28%). Net earnings were $18.4M, down 7% year over year. The effective tax rate was 22.5%.
Operating cash flow was $60.3M (up 23% year over year), 328% of net earnings. Non-cash charges added back $16.8M of depreciation and $4.0M of share-based compensation. Working capital and other items added $21.1M. Capital expenditures of $41.1M left free cash flow of $19.2M.
Questions
What was Cava Group's revenue in the second quarter 2025?
Cava Group (CAVA) reported revenue of $281M for the second quarter 2025 (Q2 2025), +20% from a year earlier.
Was Cava Group profitable in the second quarter 2025?
Operating profit was $19.6M (7.0% of revenue) and net earnings $18.4M.
Source: Cava Group 10-Q on SEC EDGAR.