Filing Flows

Filing Flows › Companies › Noodles › Cash flow

Noodles cash flow, quarter by quarter

Latest: Q2 2026 · from the cash-flow statements filed with the SEC

Free cash flow$1.8M in Q2 2026 · $3.8M over twelve months

Operating cash flow$3.3M
Capital spending−$1.5M
Free cash flow+$1.8M

Analysis

In Q2 2026, Noodles generated $3.3M of operating cash flow and spent $1.5M on capital projects, leaving free cash flow of $1.8M.

Over the twelve months to Jun 30, 2026, operating cash flow was $13.4M; the largest uses were capital spending ($9.7M), other financing ($6.6M); besides operations, cash came from net borrowing (+) / repaid (−) ($1.9M); the cash balance fell by $965K.

Operating cash flow was $3.3M against net income of −$4.0M. The largest differences: depreciation & amortization +$5.9M, impairments +$4.8M, stock-based pay +$1.1M.

Free cash flow

Noodles: free cash flow by quarterNoodles: free cash flow by quarter−$1.3MQ3 2024−$13.8MQ4 2024$1.1MQ1 2025−$4.3MQ2 2025$1.4MQ3 2025−$3.4MQ4 2025$3.9MQ1 2026$1.8MQ2 2026
Operating cash flow less capital spending.
Noodles: operating cash flow against capital spendingNoodles: operating cash flow against capital spendingOperating cash flowCapital spending$5.8M$7.1MQ3 2024−$10.0M$3.8MQ4 2024$4.0M$2.9MQ1 2025−$852K$3.4MQ2 2025$5.2M$3.7MQ3 2025−$1.1M$2.3MQ4 2025$6.0M$2.1MQ1 2026$3.3M$1.5MQ2 2026
Latest (Q2 2026): Operating cash flow $3.3M, Capital spending $1.5M.

Capital allocation, year by year

Noodles: where the cash came from (up) and went (down), by fiscal yearNoodles: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingCapital spendingBuybacksFY2021: Operating cash flow $36.2MFY2021: Net borrowing −$23.5MFY2021: Capital spending −$18.8M$36.2MFY2021FY2023: Operating cash flow $9.6MFY2023: Net borrowing $28.2MFY2023: Capital spending −$33.9M$37.8MFY2023FY2024: Operating cash flow $27.5MFY2024: Net borrowing $32.1MFY2024: Capital spending −$52.0MFY2024: Buybacks −$5.0M$59.6MFY2024FY2024: Operating cash flow $7.6MFY2024: Net borrowing $16.6MFY2024: Capital spending −$28.8M$24.1MFY2024FY2025: Operating cash flow $7.3MFY2025: Net borrowing $5.4MFY2025: Capital spending −$12.4M$12.7MFY2025
Over these 5 years operating cash flow totalled $88.1M; the largest uses were capital spending ($146M) and net borrowing ($23.5M). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$1.3M
Debt$104M
Net debt$103M

Noodles funds itself: free cash flow was $3.8M over the last twelve months, and $1.3M of cash and investments stands against $104M of debt.

Where the cash came from and went

Noodles: sources (+) and uses (−) of cash, Q2 2026Noodles: sources (+) and uses (−) of cash, Q2 2026Net borrowing (+) / repaid (−)−$3.7MOperating cash flow$3.3MOther financing$1.8MCapital spending−$1.5MCash drawn (+) / kept (−)$145K
Noodles: sources (+) and uses (−) of cash, TTM to Q2 2026Noodles: sources (+) and uses (−) of cash, TTM to Q2 2026Operating cash flow$13.4MCapital spending−$9.7MOther financing−$6.6MNet borrowing (+) / repaid (−)$1.9MCash drawn (+) / kept (−)$965K

From profit to cash

Noodles: net income to operating cash flow, Q2 2026Noodles: net income to operating cash flow, Q2 2026Net income−$4.0MDepreciation & amortization$5.9MStock-based pay$1.1MDeferred taxes$21KImpairments$4.8MGains on disposals$527KReceivables−$498KInventory$220KPayables−$255KPrepaid and other assets−$113KIncome taxes payable−$13KOperating cash flow$3.3M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.

Every quarter

QuarterOperating cash flowCapital spendingNet borrowing (+) / repaid (−)Cash drawn (+) / kept (−)Free cash flow
Q2 2026$3.3M−$1.5M−$3.7M$145K$1.8M
Q1 2026$6.0M−$2.1M−$3.7M−$179K$3.9M
Q4 2025−$1.1M−$2.3M−$430K$3.4M−$3.4M
Q3 2025$5.2M−$3.7M$1.1M−$2.4M$1.4M
Q2 2025−$852K−$3.4M$5.2M−$868K−$4.3M
Q1 2025$4.0M−$2.9M−$817K−$247K$1.1M
Q4 2024−$10.0M−$3.8M$5.9M$2.2M−$13.8M
Q3 2024$5.8M−$7.1M$2.8M−$1.5M−$1.3M

Noodles: income statement and cash flow

Noodles, Q2 2026: revenue $127M (+0.5% year over year), operating margin -1.2%. The chart follows the revenue to costs, profit and cash.

Noodles: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.