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Noble Romans (NROM) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 12, 2026

Noble Romans (NROM) reported revenue of $4.1M for the second quarter 2026 (Q2 2026), +1% from a year earlier and +6% from the quarter before. Operating margin was 17.3%, net earnings $191K (4.6% of revenue).

Revenue$4.1M
Year over year+1%
Quarter over quarter+6%
Operating margin17.3%
Net earnings$191K

Noble Romans, Q2 2026: revenue $4.1M (+1% year over year), operating margin 17.3%, net earnings $191K, operating cash flow $804K. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$4.1M+6%+1%
Operating profit$713K+29%-14%
Net earnings$191K-18%-33%
Operating cash flow$804K+149%+70%
Free cash flow$771K+175%+80%

What changed

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.

Questions

What was Noble Romans' revenue in the second quarter 2026?

Noble Romans (NROM) reported revenue of $4.1M for the second quarter 2026 (Q2 2026), +1% from a year earlier and +6% from the quarter before.

Was Noble Romans profitable in the second quarter 2026?

Operating profit was $713K (17.3% of revenue) and net earnings $191K.

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Source: Noble Romans 10-Q on SEC EDGAR.