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Noble Romans (NROM) earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 12, 2026 · Noble Romans (NROM) Q2 2026 earnings results →
Q2 2026 Revenue up 1% year over year to $4.1M · 5¢ of every $1 of revenue kept as net profit · operating margin 17.3%
Noble Romans made $4.1M in Q2 2026 (+1% Y/Y). Operating margin 17.3%, net earnings $191K. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 12, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $4.1M in Q2 2026, up 1% year over year and up 6% from the previous quarter.
Operating profit was $713K, a 17.3% margin (down 3.0 points year over year). Operating profit fell $114K even though revenue rose $44K versus Q2 2025, so costs grew faster than sales. Total costs grew 5% against revenue growth of 1%. The fastest-growing cost line was General & admin (+28%). Net earnings were $191K, down 33% year over year. The effective tax rate was 11.6%.
Operating cash flow was $804K (up 70% year over year), 422% of net earnings. Non-cash charges added back $104K of depreciation and amortization and $11K of share-based compensation. Working capital and other items added $498K. Capital expenditures of $33K left free cash flow of $771K.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 12, 2026 | $4.1M | +1% | 17.3% | $191K | $804K |
| Q1 2026 | 10-Q | Jun 29, 2026 | $3.9M | +4% | 14.1% | $233K | $322K |
| Q4 2025 | 10-K | Jun 8, 2026 | $4.5M | +21% | 3.8% | $32K | $329K |
| Q3 2025 | 10-Q | Dec 29, 2025 | $4.1M | +7% | 19.8% | $640K | $360K |
| Q2 2025 | 10-Q | Aug 21, 2025 | $4.1M | +4% | 22.4% | $371K | $397K |
| Q1 2025 | 10-Q | Jun 26, 2025 | $3.8M | +3% | 13.3% | $131K | $158K |
| Q4 2024 | 10-K | Jun 9, 2025 | $3.7M | +11% | 1.8% | −$167K | $317K |
Charts
Interactive views
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💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About Noble Romans
Noble Roman’s, Inc., an Indiana corporation incorporated in 1972, sells and services franchises and licenses and operates Company-owned stand-alone restaurants and non-traditional foodservice operations under the trade names “Noble Roman’s Craft Pizza & Pub,” “Noble Roman’s Pizza,” “Noble Roman’s Take-N-Bake,” and “Tuscano’s Italian Style Subs.” References in this report to the “Company” are to Noble Roman’s, Inc. and its wholly-owned subsidiary, RH Roanoke, Inc., unless the context requires otherwise. RH Roanoke, Inc. operates a Company-owned non-traditional location.
In its own words, from its 10-K, filed Jun 8, 2026.
Noble Romans against its Retail-Eating Places peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +1% against the peers' median +5%. Operating margin: 17.3% against the peers' median 13.7%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| NROM Noble Romans | Q2 2026 | $4.1M | +1% | 17.3% |
| MCD McDonald's | Q3 2026 | $7.2B | +1% | 50.2% |
| ARMK Aramark | Q3 FY26 | $5.1B | +9% | 4.3% |
| YUMC Yum China Holdings | Q3 2026 | $3.5B | +8% | 13.0% |
| CMG Chipotle Mexican Grill | Q3 2026 | $3.3B | +10% | 13.7% |
| DRI Darden Restaurants | Q1 FY27 | $3.2B | +5% | 10.0% |
| QSR Restaurant Brands International | Q3 2026 | $2.5B | +3% | 27.6% |
| YUM Yum Brands | Q3 2026 | $2.1B | +4% | 112.8% |
| TXRH Texas Roadhouse | Q3 2026 | $1.6B | +10% | 6.5% |
Source: Noble Romans 10-Q on SEC EDGAR · CIK 709005 · Retail-Eating Places
More on NROM
History
Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results