Filing Flows › Nathans Famous (NATH) › Q4 FY26
Nathans Famous (NATH) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Jun 9, 2026
Nathans Famous (NATH) reported revenue of $35.1M for the fourth quarter fiscal 2026 (Q4 FY26), +14% from a year earlier and +2% from the quarter before. Operating margin was 13.4%, net earnings $2.8M (8.0% of revenue).
Nathans Famous, Q4 FY26: revenue $35.1M (+14% year over year), operating margin 13.4%, net earnings $2.8M, operating cash flow $2.5M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $35.1M | +2% | +14% |
| Gross profit | $12.5M | +12% | +5% |
| Operating profit | $4.7M | -9% | -26% |
| Net earnings | $2.8M | -9% | -34% |
| Operating cash flow | $2.5M | -56% | -63% |
| Free cash flow | $2.5M | -56% | -63% |
What changed
Revenue was $35.1M in Q4 FY26, up 14% year over year and up 2% from the previous quarter. Branded Products was the largest line at 68% of revenue.
Gross margin was 35.6%, down 3.1 points from Q4 FY25. Operating profit was $4.7M, a 13.4% margin (down 7.3 points year over year). Operating profit fell $1.7M even though revenue rose $4.3M versus Q4 FY25, so costs grew faster than sales. Operating expenses grew 41% against revenue growth of 14%. The fastest-growing cost line was General & admin (+58%). Net earnings were $2.8M, down 34% year over year. The effective tax rate was 32.5%.
Operating cash flow was $2.5M (down 63% year over year), 90% of net earnings. Non-cash charges added back $229K of depreciation and amortization and $280K of share-based compensation. Working capital and other items used $776K. Capital expenditures of $38K left free cash flow of $2.5M.
Questions
What was Nathans Famous' revenue in the fourth quarter fiscal 2026?
Nathans Famous (NATH) reported revenue of $35.1M for the fourth quarter fiscal 2026 (Q4 FY26), +14% from a year earlier and +2% from the quarter before.
Was Nathans Famous profitable in the fourth quarter fiscal 2026?
Operating profit was $4.7M (13.4% of revenue) and net earnings $2.8M.
Source: Nathans Famous 10-K on SEC EDGAR.