Filing Flows › Nathans Famous (NATH) › Q1 FY26
Nathans Famous (NATH) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Aug 8, 2025
Nathans Famous (NATH) reported revenue of $47.0M for the first quarter fiscal 2026 (Q1 FY26), +5% from a year earlier and +53% from the quarter before. Operating margin was 27.2%, net earnings $8.9M (19.0% of revenue).
Nathans Famous, Q1 FY26: revenue $47.0M (+5% year over year), operating margin 27.2%, net earnings $8.9M, operating cash flow −$220K. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $47.0M | +53% | +5% |
| Gross profit | $18.6M | +56% | -5% |
| Operating profit | $12.8M | +101% | -7% |
| Net earnings | $8.9M | +111% | -4% |
| Operating cash flow | −$220K | -103% | — |
What changed
Revenue was $47.0M in Q1 FY26, up 5% year over year and up 53% from the previous quarter. Branded Products was the largest line at 62% of revenue. Branded Products added $2.9M year over year (up 11%), 131% of the total change. Company-operated Restaurants declined 5%.
Gross margin was 39.5%, down 4.1 points from a year earlier. Operating profit was $12.8M, a 27.2% margin (down 3.5 points year over year). Operating profit fell $1.0M even though revenue rose $2.2M versus a year earlier, so costs grew faster than sales. Operating expenses grew 0% against revenue growth of 5%. Net earnings were $8.9M, down 4% year over year. The effective tax rate was 27.2%.
Operating cash flow was −$220K. Non-cash charges added back $228K of depreciation and amortization and $288K of share-based compensation. Working capital and other items used $9.7M. Capital expenditures of $115K exceeded it, leaving free cash flow of −$335K.
Questions
What was Nathans Famous' revenue in the first quarter fiscal 2026?
Nathans Famous (NATH) reported revenue of $47.0M for the first quarter fiscal 2026 (Q1 FY26), +5% from a year earlier and +53% from the quarter before.
Was Nathans Famous profitable in the first quarter fiscal 2026?
Operating profit was $12.8M (27.2% of revenue) and net earnings $8.9M.
Source: Nathans Famous 10-Q on SEC EDGAR.