Filing Flows › Texas Roadhouse (TXRH) › Q1 2026
Texas Roadhouse (TXRH) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Texas Roadhouse (TXRH) reported revenue of $1.6B for the first quarter 2026 (Q1 2026), +13% from a year earlier and +10% from the quarter before. Operating margin was 9.0%, net earnings $123M (7.6% of revenue).
Texas Roadhouse, Q1 2026: revenue $1.6B (+13% year over year), operating margin 9.0%, net earnings $123M, operating cash flow $259M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6B | +10% | +13% |
| Operating profit | $146M | +51% | +9% |
| Net earnings | $123M | +46% | +9% |
| Operating cash flow | $259M | +18% | +9% |
| Free cash flow | $179M | +36% | +12% |
What changed
Revenue was $1.6B in Q1 2026, up 13% year over year and up 10% from the previous quarter. Restaurant and other sales was the largest line at 100% of revenue. Restaurant and other sales added $0.19B year over year (up 13%), 100% of the total change. Franchise royalties declined 12%.
Operating profit was $0.15B, a 9.0% margin (down 0.3 points year over year). Of the extra revenue versus Q1 2025, 6% reached operating profit, below the 9% margin then. Total costs grew 13% against revenue growth of 13%. The fastest-growing cost line was Other operating costs (+13%). Net earnings were $0.12B, up 9% year over year. The effective tax rate was 14.3%.
Operating cash flow was $0.26B (up 9% year over year), 206% of net income including minority interests. Non-cash charges added back $0.06B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.06B. Capital expenditures of $0.08B left free cash flow of $0.18B.
Questions
What was Texas Roadhouse's revenue in the first quarter 2026?
Texas Roadhouse (TXRH) reported revenue of $1.6B for the first quarter 2026 (Q1 2026), +13% from a year earlier and +10% from the quarter before.
Was Texas Roadhouse profitable in the first quarter 2026?
Operating profit was $146M (9.0% of revenue) and net earnings $123M.
Source: Texas Roadhouse 10-Q on SEC EDGAR.