Filing Flows › Texas Roadhouse (TXRH) › Q2 2026 › vs Q2 2025
Texas Roadhouse (TXRH) Q2 2026 vs Q2 2025 (year over year)
Texas Roadhouse's revenue rose $168M (+11%) from $1.5B in Q2 2025 to $1.7B in Q2 2026. The biggest changes: Restaurant and other sales +$169M (+11%); Royalties and franchise fees −$1.0M (-13%); Royalties −$913K (-12%). Operating margin 8.5% against 9.7% (-1.2 pts).
Texas Roadhouse, Q2 2026: revenue $1.7B (+11% year over year), operating margin 8.5%, net earnings $122M, operating cash flow $180M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 8.5% | 9.7% | -1.2 pts |
| Net margin | 7.3% | 8.2% | -0.9 pts |
| Free cash flow margin | 4.8% | 2.4% | +2.5 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Restaurant and other sales | $1.7B | $1.5B | $169M | +11% |
| Royalties and franchise fees | $7.1M | $8.1M | −$1.0M | -13% |
| Royalties | $6.6M | $7.5M | −$913K | -12% |
| Revenue | $1.7B | $1.5B | $168M | +11% |
| Operating profit | $143M | $146M | −$3.6M | -2% |
| Costs & expenses | $1.5B | $1.4B | $171M | +13% |
| Pre-tax earnings | $144M | $149M | −$4.8M | -3% |
| General & admin | $72.4M | $62.8M | $9.6M | +15% |
| Other operating costs | $1.5B | $1.3B | $162M | +12% |
| Net earnings | $122M | $124M | −$2.2M | -2% |
| Minority interests | $2.6M | $2.6M | −$27K | -1% |
| Income tax | $19.5M | $22.1M | −$2.6M | -12% |
| Depreciation & amortization | $58.3M | $50.7M | $7.6M | +15% |
| Share-based compensation | $13.4M | $10.7M | $2.7M | +26% |
| Working capital & other | $13.6M | $57.3M | −$43.7M | -76% |
| Operating cash flow | $180M | $128M | $51.9M | +40% |
| Free cash flow (OCF − capex) | $81.5M | $35.7M | $45.8M | +128% |
| Capital expenditures | $98.7M | $92.5M | $6.2M | +7% |
Questions
How much did Texas Roadhouse's revenue grow year over year in Q2 2026?
Texas Roadhouse's revenue rose $168M (+11%) from $1.5B in Q2 2025 to $1.7B in Q2 2026.
What drove Texas Roadhouse's revenue change in Q2 2026?
Restaurant and other sales +$169M (+11%); Royalties and franchise fees −$1.0M (-13%); Royalties −$913K (-12%).