Filing Flows › Good Times Restaurants (GTIM) › Q1 FY26
Good Times Restaurants (GTIM) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Feb 5, 2026
Good Times Restaurants (GTIM) reported revenue of $32.7M for the first quarter fiscal 2026 (Q1 FY26), -10% from a year earlier and -4% from the quarter before. Operating margin was 0.9%, net earnings $198K (0.6% of revenue).
Good Times Restaurants, Q1 FY26: revenue $32.7M (-10% year over year), operating margin 0.9%, net earnings $198K, operating cash flow $1.4M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $32.7M | -4% | -10% |
| Operating profit | $300K | — | +290% |
| Net earnings | $198K | 33× | +14% |
| Operating cash flow | $1.4M | +835% | — |
| Free cash flow | $1.2M | — | — |
What changed
Revenue was $32.7M in Q1 FY26, down 10% year over year and down 4% from the previous quarter. Restaurant sales was the largest line at 99% of revenue. Restaurant sales lost $3.6M year over year (down 10%), 99% of the total change.
Operating profit was $300K, a 0.9% margin (up 0.7 points year over year). Total costs fell 11% while revenue fell 10%. Net earnings were $181K, up 10% year over year. The effective tax rate was 20.5%.
Operating cash flow was $1.4M, 718% of net income including minority interests. Non-cash charges added back $1.0M of depreciation and amortization and $23K of share-based compensation. Working capital and other items added $234K. Capital expenditures of $189K left free cash flow of $1.2M.
Questions
What was Good Times Restaurants' revenue in the first quarter fiscal 2026?
Good Times Restaurants (GTIM) reported revenue of $32.7M for the first quarter fiscal 2026 (Q1 FY26), -10% from a year earlier and -4% from the quarter before.
Was Good Times Restaurants profitable in the first quarter fiscal 2026?
Operating profit was $300K (0.9% of revenue) and net earnings $198K.