Filing Flows › Rave Restaurant Group (RAVE) › Q1 FY27
Rave Restaurant Group (RAVE) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Nov 9, 2026
Rave Restaurant Group (RAVE) reported revenue of $3.3M for the first quarter fiscal 2027 (Q1 FY27), +3% from a year earlier and -3% from the quarter before. Operating margin was 22.9%, net earnings $665K (20.0% of revenue).
Rave Restaurant Group, Q1 FY27: revenue $3.3M (+3% year over year), operating margin 22.9%, net earnings $665K, operating cash flow $1.1M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.3M | -3% | +3% |
| Operating profit | $760K | -26% | +1% |
| Net earnings | $665K | -16% | +3% |
| Operating cash flow | $1.1M | -24% | +87% |
| Free cash flow | $1.1M | -25% | +88% |
What changed
Revenue was $3.3M in Q1 FY27, up 3% year over year and down 3% from the previous quarter. Supplier and Distributor Incentive Revenues was the largest line at 41% of revenue. Supplier Convention Funds added $80K year over year (up 38%), 73% of the total change. Franchise License Fees declined 26%.
Operating profit was $760K, a 22.9% margin (down 0.5 points year over year). Of the extra revenue versus Q1 FY26, 7% reached operating profit, below the 23% margin then. Total costs grew 4% against revenue growth of 3%. Net earnings were $665K, up 3% year over year. The effective tax rate was 24.4%.
Operating cash flow was $1.1M (up 87% year over year), 171% of net earnings. Non-cash charges added back $40K of depreciation and amortization and $36K of share-based compensation. Working capital and other items added $395K. Capital expenditures of $11K left free cash flow of $1.1M.
Questions
What was Rave Restaurant Group's revenue in the first quarter fiscal 2027?
Rave Restaurant Group (RAVE) reported revenue of $3.3M for the first quarter fiscal 2027 (Q1 FY27), +3% from a year earlier and -3% from the quarter before.
Was Rave Restaurant Group profitable in the first quarter fiscal 2027?
Operating profit was $760K (22.9% of revenue) and net earnings $665K.