Filing Flows › Jersey Mike's Subs (JMKE) › Q3 2026 › vs Q3 2025
Jersey Mike's Subs (JMKE) Q3 2026 vs Q3 2025 (year over year)
Jersey Mike's Subs's revenue rose $19.0M (+10%) from $190M in Q3 2025 to $209M in Q3 2026. The biggest changes: Royalties and other revenues +$15.0M (+12%); Advertising revenue +$4.0M (+8%); Company-owned stores sales +$0 (0%). Operating margin 23.0% against 30.5% (-7.6 pts).
Jersey Mike's Subs, Q3 2026: revenue $209M (+10% year over year), operating margin 23.0%, net earnings $12.0M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 23.0% | 30.5% | -7.6 pts |
| Net margin | 5.7% | 16.8% | -11.1 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Royalties | $76.0M | $69.0M | $7.0M | +10% |
| System support revenue | $60.0M | $53.0M | $7.0M | +13% |
| Other revenues | $7.0M | $6.0M | $1.0M | +17% |
| Royalties and other revenues | $143M | $128M | $15.0M | +12% |
| Advertising revenue | $57.0M | $53.0M | $4.0M | +8% |
| Company-owned stores sales | $9.0M | $9.0M | $0 | 0% |
| Revenue | $209M | $190M | $19.0M | +10% |
| Operating profit | $48.0M | $58.0M | −$10.0M | -17% |
| Costs & expenses | $161M | $132M | $29.0M | +22% |
| Pre-tax earnings | $17.0M | $32.0M | −$15.0M | -47% |
| Other expense, net | $31.0M | $26.0M | $5.0M | +19% |
| General & admin | $87.0M | $54.0M | $33.0M | +61% |
| Other operating costs | $74.0M | $78.0M | −$4.0M | -5% |
| Loss borne by minority interests | $2.0M | $0 | $2.0M | — |
| Net earnings | $12.0M | $32.0M | −$20.0M | -62% |
| Income tax | $7.0M | $0 | $7.0M | — |
Questions
How much did Jersey Mike's Subs's revenue grow year over year in Q3 2026?
Jersey Mike's Subs's revenue rose $19.0M (+10%) from $190M in Q3 2025 to $209M in Q3 2026.
What drove Jersey Mike's Subs's revenue change in Q3 2026?
Royalties and other revenues +$15.0M (+12%); Advertising revenue +$4.0M (+8%); Company-owned stores sales +$0 (0%).