Filing Flows › Kura Sushi USA (KRUS) › Q1 FY26
Kura Sushi USA (KRUS) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jan 7, 2026
Kura Sushi USA (KRUS) reported revenue of $73.5M for the first quarter fiscal 2026 (Q1 FY26), +14% from a year earlier and -8% from the quarter before. Operating margin was -5.0%, net loss $3.1M (4.2% of revenue).
Kura Sushi USA, Q1 FY26: revenue $73.5M (+14% year over year), operating margin -5.0%, net loss $3.1M, operating cash flow $529K. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $73.5M | -8% | +14% |
| Operating profit | −$3.7M | -351% | — |
| Net earnings | −$3.1M | -235% | — |
| Operating cash flow | $529K | -94% | -88% |
What changed
Revenue was $73.5M in Q1 FY26, up 14% year over year and down 8% from the previous quarter.
Operating costs exceeded revenue by $3.7M, an operating margin of -5.0%. Total costs grew 17% against revenue growth of 14%. The fastest-growing cost line was Other operating costs (+18%). The quarter ended with a net loss of $3.1M, after a profit of $2.3M the previous quarter. Non-operating items added $656K, -22% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $529K (down 88% year over year). Non-cash charges added back $4.1M of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items used $1.6M. Capital expenditures of $13.8M exceeded it, leaving free cash flow of −$13.3M.
Questions
What was Kura Sushi USA's revenue in the first quarter fiscal 2026?
Kura Sushi USA (KRUS) reported revenue of $73.5M for the first quarter fiscal 2026 (Q1 FY26), +14% from a year earlier and -8% from the quarter before.
Was Kura Sushi USA profitable in the first quarter fiscal 2026?
Operating loss was $3.7M (-5.0% of revenue) and net loss $3.1M.
Source: Kura Sushi USA 10-Q on SEC EDGAR.