Filing Flows › Cava Group (CAVA) › Q3 2026 › vs Q3 2025
Cava Group (CAVA) Q3 2026 vs Q3 2025 (year over year)
Cava Group's revenue rose $64.2M (+22%) from $292M in Q3 2025 to $356M in Q3 2026. The biggest changes: Restaurant revenue +$63.9M (+22%); CPG revenue and other +$266K (+11%). Operating margin 4.2% against 5.9% (-1.6 pts).
Cava Group, Q3 2026: revenue $356M (+22% year over year), operating margin 4.2%, net earnings $13.2M, operating cash flow $47.1M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 4.2% | 5.9% | -1.6 pts |
| Net margin | 3.7% | 5.0% | -1.3 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Restaurant revenue | $354M | $290M | $63.9M | +22% |
| CPG revenue and other | $2.7M | $2.5M | $266K | +11% |
| Revenue | $356M | $292M | $64.2M | +22% |
| Other income, net | $3.7M | $3.5M | $134K | +4% |
| Operating profit | $15.0M | $17.1M | −$2.1M | -12% |
| Costs & expenses | $341M | $275M | $66.3M | +24% |
| Pre-tax earnings | $18.7M | $20.7M | −$2.0M | -10% |
| Cost of revenue | $272M | $220M | $52.2M | +24% |
| SG&A | $38.1M | $31.5M | $6.6M | +21% |
| Other operating costs | $31.2M | $23.7M | $7.5M | +32% |
| Net earnings | $13.2M | $14.7M | −$1.5M | -11% |
| Income tax | $5.5M | $5.9M | −$437K | -7% |
| Depreciation & amortization | $21.3M | $17.6M | $3.6M | +21% |
| Share-based compensation | $4.5M | $3.3M | $1.2M | +37% |
| Working capital & other | $8.1M | $10.0M | −$1.9M | -19% |
| Operating cash flow | $47.1M | $45.6M | $1.4M | +3% |
| Capital expenditures | $54.8M | $44.3M | $10.5M | +24% |
| Negative free cash flow (OCF − capex) | $7.7M | −$1.4M | $9.1M | — |
Questions
How much did Cava Group's revenue grow year over year in Q3 2026?
Cava Group's revenue rose $64.2M (+22%) from $292M in Q3 2025 to $356M in Q3 2026.
What drove Cava Group's revenue change in Q3 2026?
Restaurant revenue +$63.9M (+22%); CPG revenue and other +$266K (+11%).