Filing Flows › Nathans Famous (NATH) › Q1 FY27
Nathans Famous (NATH) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Aug 7, 2026
Nathans Famous (NATH) reported revenue of $54.1M for the first quarter fiscal 2027 (Q1 FY27), +15% from a year earlier and +54% from the quarter before. Operating margin was 23.4%, net earnings $8.8M (16.3% of revenue).
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 follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $54.1M | +54% | +15% |
| Gross profit | $18.9M | +51% | +2% |
| Operating profit | $12.7M | +171% | -1% |
| Net earnings | $8.8M | +214% | -1% |
| Operating cash flow | $949K | -63% | — |
| Free cash flow | $882K | -65% | — |
What changed
Revenue was $54.1M in Q1 FY27, up 15% year over year and up 54% from the previous quarter. Branded Products was the largest line at 65% of revenue. Branded Products added $6.0M year over year (up 21%), 84% of the total change. Franchise declined 58%.
Gross margin was 34.9%, down 4.6 points from Q1 FY26. Operating profit was $12.7M, a 23.4% margin (down 3.8 points year over year). Operating profit fell $123K even though revenue rose $7.1M versus Q1 FY26, so costs grew faster than sales. Operating expenses grew 7% against revenue growth of 15%. Net earnings were $8.8M, down 1% year over year. The effective tax rate was 27.4%.
Operating cash flow was $949K, 11% of net earnings. Non-cash charges added back $239K of depreciation and amortization and $280K of share-based compensation. Working capital and other items used $8.4M. Capital expenditures of $67K left free cash flow of $882K.
Questions
What was Nathans Famous' revenue in the first quarter fiscal 2027?
Nathans Famous (NATH) reported revenue of $54.1M for the first quarter fiscal 2027 (Q1 FY27), +15% from a year earlier and +54% from the quarter before.
Was Nathans Famous profitable in the first quarter fiscal 2027?
Operating profit was $12.7M (23.4% of revenue) and net earnings $8.8M.
Source: Nathans Famous 10-Q on SEC EDGAR.