Filing Flows › Cava Group (CAVA) › Q3 2026
Cava Group (CAVA) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Cava Group (CAVA) reported revenue of $356M for the third quarter 2026 (Q3 2026), +22% from a year earlier and -3% from the quarter before. Operating margin was 4.2%, net earnings $13.2M (3.7% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $356M | -3% | +22% |
| Operating profit | $15.0M | -44% | -12% |
| Net earnings | $13.2M | -43% | -11% |
| Operating cash flow | $47.1M | -33% | +3% |
What changed
Revenue was $356.4M in Q3 2026, up 22% year over year and down 3% from the previous quarter. Restaurant revenue was the largest line at 99% of revenue. Restaurant revenue added $63.9M year over year (up 22%), 100% of the total change.
Operating profit was $15.0M, a 4.2% margin (down 1.6 points year over year). Operating profit fell $2.1M even though revenue rose $64.2M versus Q3 2025, so costs grew faster than sales. Total costs grew 24% against revenue growth of 22%. The fastest-growing cost line was Other operating costs (+32%). Net earnings were $13.2M, down 11% year over year. The effective tax rate was 29.3%.
Operating cash flow was $47.1M (up 3% year over year), 357% of net earnings. Non-cash charges added back $21.3M of depreciation and amortization and $4.5M of share-based compensation. Working capital and other items added $8.1M. Capital expenditures of $54.8M exceeded it, leaving free cash flow of −$7.7M.
Questions
What was Cava Group's revenue in the third quarter 2026?
Cava Group (CAVA) reported revenue of $356M for the third quarter 2026 (Q3 2026), +22% from a year earlier and -3% from the quarter before.
Was Cava Group profitable in the third quarter 2026?
Operating profit was $15.0M (4.2% of revenue) and net earnings $13.2M.
Source: Cava Group 10-Q on SEC EDGAR.