Filing Flows › Texas Roadhouse (TXRH) › Q3 2026 › vs Q2 2026
Texas Roadhouse (TXRH) Q3 2026 vs Q2 2026 (quarter over quarter)
Texas Roadhouse's revenue fell $107M (-6%) from $1.7B in Q2 2026 to $1.6B in Q3 2026. The biggest changes: Restaurant and other sales −$107M (-6%); Royalties and franchise fees +$108K (+2%). Operating margin 6.5% against 8.5% (-2.0 pts).
Texas Roadhouse, Q3 2026: revenue $1.6B (+10% year over year), operating margin 6.5%, net earnings $89.4M, operating cash flow $147M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 6.5% | 8.5% | -2.0 pts |
| Net margin | 5.7% | 7.3% | -1.6 pts |
| Free cash flow margin | 0.7% | 4.8% | -4.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Restaurant and other sales | $1.6B | $1.7B | −$107M | -6% |
| Royalties and franchise fees | $7.2M | $7.1M | $108K | +2% |
| Revenue | $1.6B | $1.7B | −$107M | -6% |
| Operating profit | $103M | $143M | −$39.8M | -28% |
| Costs & expenses | $1.5B | $1.5B | −$67.1M | -4% |
| Pre-tax earnings | $104M | $144M | −$40.1M | -28% |
| General & admin | $59.3M | $72.4M | −$13.1M | -18% |
| Other operating costs | $1.4B | $1.5B | −$54.0M | -4% |
| Net earnings | $89.4M | $122M | −$32.6M | -27% |
| Minority interests | $1.9M | $2.6M | −$688K | -27% |
| Income tax | $12.7M | $19.5M | −$6.8M | -35% |
| Depreciation & amortization | $60.3M | $58.3M | $2.0M | +3% |
| Share-based compensation | $14.2M | $13.4M | $743K | +6% |
| Working capital & other | $17.2M | $13.6M | $3.6M | +27% |
| Operating cash flow | $147M | $180M | −$33.5M | -19% |
| Free cash flow (OCF − capex) | $11.1M | $81.5M | −$70.4M | -86% |
| Capital expenditures | $136M | $98.7M | $36.9M | +37% |
Questions
How much did Texas Roadhouse's revenue grow quarter over quarter in Q3 2026?
Texas Roadhouse's revenue fell $107M (-6%) from $1.7B in Q2 2026 to $1.6B in Q3 2026.
What drove Texas Roadhouse's revenue change in Q3 2026?
Restaurant and other sales −$107M (-6%); Royalties and franchise fees +$108K (+2%).