Filing Flows › Darden Restaurants (DRI) › Q4 FY26
Darden Restaurants (DRI) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Jul 24, 2026
Darden Restaurants (DRI) reported revenue of $3.7B for the fourth quarter fiscal 2026 (Q4 FY26), +14% from a year earlier and +11% from the quarter before. Operating margin was 13.9%, net earnings $405M (10.9% of revenue).
Darden Restaurants, Q4 FY26: revenue $3.7B (+14% year over year), operating margin 13.9%, net earnings $405M, operating cash flow $572M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.7B | +11% | +14% |
| Gross profit | $823M | +17% | +16% |
| Operating profit | $517M | +27% | +35% |
| Net earnings | $405M | +32% | +33% |
| Operating cash flow | $572M | -7% | +25% |
| Free cash flow | $379M | -16% | +33% |
What changed
Revenue was $3.7B in Q4 FY26, up 14% year over year and up 11% from the previous quarter.
Gross margin was 22.1%, up 0.5 points from Q4 FY25. Operating profit was $0.52B, a 13.9% margin (up 2.2 points year over year). Of the extra revenue versus Q4 FY25, 30% reached operating profit, above the 12% margin then. Operating expenses fell 6% while revenue rose 14%. Net earnings were $0.40B, up 33% year over year. The effective tax rate was 12.5%.
Operating cash flow was $0.57B (up 25% year over year), 141% of net earnings. Non-cash charges added back $0.15B of depreciation and amortization and $0.01B of share-based compensation. Capital expenditures of $0.19B left free cash flow of $0.38B.
Questions
What was Darden Restaurants' revenue in the fourth quarter fiscal 2026?
Darden Restaurants (DRI) reported revenue of $3.7B for the fourth quarter fiscal 2026 (Q4 FY26), +14% from a year earlier and +11% from the quarter before.
Was Darden Restaurants profitable in the fourth quarter fiscal 2026?
Operating profit was $517M (13.9% of revenue) and net earnings $405M.
Source: Darden Restaurants 10-K on SEC EDGAR.