Filing Flows › Nathans Famous (NATH) › Q1 FY27 › vs Q4 FY26
Nathans Famous (NATH) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Nathans Famous's revenue rose $19.0M (+54%) from $35.1M in Q4 FY26 to $54.1M in Q1 FY27. The biggest changes: Branded Products +$11.1M (+47%); License +$5.2M (+61%); Company-operated Restaurants +$2.7M (+216%). Gross margin 34.9% against 35.6% (-0.7 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 Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 34.9% | 35.6% | -0.7 pts |
| Operating margin | 23.4% | 13.4% | +10.1 pts |
| Net margin | 16.3% | 8.0% | +8.3 pts |
| Free cash flow margin | 1.6% | 7.1% | -5.5 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Branded Products | $35.0M | $23.9M | $11.1M | +47% |
| License | $13.6M | $8.4M | $5.2M | +61% |
| Company-operated Restaurants | $4.0M | $1.3M | $2.7M | +216% |
| Franchise Fees and Royalties | $1.1M | $945K | $129K | +14% |
| Advertising Fund Revenue | $411K | $548K | −$137K | -25% |
| Franchise | $54K | $93K | −$39K | -42% |
| Revenue | $54.1M | $35.1M | $19.0M | +54% |
| Gross profit | $18.9M | $12.5M | $6.4M | +51% |
| Cost of revenue | $35.2M | $22.6M | $12.6M | +56% |
| Operating profit | $12.7M | $4.7M | $8.0M | +171% |
| Operating expenses | $6.2M | $7.8M | −$1.6M | -21% |
| Pre-tax earnings | $12.2M | $4.2M | $8.0M | +192% |
| Other expense, net | $505K | $518K | −$13K | -3% |
| General & admin | $4.3M | $6.1M | −$1.8M | -29% |
| Other operating costs | $1.9M | $1.7M | $167K | +10% |
| Net earnings | $8.8M | $2.8M | $6.0M | +214% |
| Income tax | $3.3M | $1.4M | $2.0M | +146% |
| Depreciation & amortization | $239K | $229K | $10K | +4% |
| Share-based compensation | $280K | $280K | $0 | 0% |
| Working capital & other | $8.4M | $776K | $7.6M | +982% |
| Operating cash flow | $949K | $2.5M | −$1.6M | -63% |
| Free cash flow (OCF − capex) | $882K | $2.5M | −$1.6M | -65% |
| Capital expenditures | $67K | $38K | $29K | +76% |
Questions
How much did Nathans Famous's revenue grow quarter over quarter in Q1 FY27?
Nathans Famous's revenue rose $19.0M (+54%) from $35.1M in Q4 FY26 to $54.1M in Q1 FY27.
What drove Nathans Famous's revenue change in Q1 FY27?
Branded Products +$11.1M (+47%); License +$5.2M (+61%); Company-operated Restaurants +$2.7M (+216%).