Filing Flows › Nathans Famous (NATH) › Q1 FY27 › vs Q1 FY26
Nathans Famous (NATH) Q1 FY27 vs Q1 FY26 (year over year)
Nathans Famous's revenue rose $7.1M (+15%) from $47.0M in Q1 FY26 to $54.1M in Q1 FY27. The biggest changes: Branded Products +$6.0M (+21%); License +$1.2M (+10%); Franchise −$74K (-58%). Gross margin 34.9% against 39.5% (-4.6 pts).
Nathans Famous, Q1 FY27: revenue $54.1M (+15% year over year), operating margin 23.4%, net earnings $8.8M, operating cash flow $949K. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 34.9% | 39.5% | -4.6 pts |
| Operating margin | 23.4% | 27.2% | -3.8 pts |
| Net margin | 16.3% | 19.0% | -2.7 pts |
| Free cash flow margin | 1.6% | -0.7% | +2.3 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Branded Products | $35.0M | $29.1M | $6.0M | +21% |
| License | $13.6M | $12.4M | $1.2M | +10% |
| Company-operated Restaurants | $4.0M | $4.0M | −$35K | -0.9% |
| Franchise Fees and Royalties | $1.1M | $1.1M | −$55K | -5% |
| Advertising Fund Revenue | $411K | $427K | −$16K | -4% |
| Franchise | $54K | $128K | −$74K | -58% |
| Revenue | $54.1M | $47.0M | $7.1M | +15% |
| Gross profit | $18.9M | $18.6M | $282K | +2% |
| Cost of revenue | $35.2M | $28.4M | $6.8M | +24% |
| Operating profit | $12.7M | $12.8M | −$123K | -1% |
| Operating expenses | $6.2M | $5.8M | $405K | +7% |
| Pre-tax earnings | $12.2M | $12.3M | −$94K | -0.8% |
| Other expense, net | $505K | $534K | −$29K | -5% |
| General & admin | $4.3M | $4.0M | $373K | +9% |
| Other operating costs | $1.9M | $1.8M | $32K | +2% |
| Net earnings | $8.8M | $8.9M | −$99K | -1% |
| Income tax | $3.3M | $3.3M | $5K | +0.2% |
| Depreciation & amortization | $239K | $228K | $11K | +5% |
| Share-based compensation | $280K | $288K | −$8K | -3% |
| Working capital & other | $8.4M | $9.7M | −$1.3M | -13% |
| Operating cash flow | $949K | −$220K | $1.2M | — |
| Free cash flow (OCF − capex) | $882K | −$335K | $1.2M | — |
| Capital expenditures | $67K | $115K | −$48K | -42% |
Questions
How much did Nathans Famous's revenue grow year over year in Q1 FY27?
Nathans Famous's revenue rose $7.1M (+15%) from $47.0M in Q1 FY26 to $54.1M in Q1 FY27.
What drove Nathans Famous's revenue change in Q1 FY27?
Branded Products +$6.0M (+21%); License +$1.2M (+10%); Franchise −$74K (-58%).