Cava Group Inc. (CAVA) financial statements: income statement, balance sheet and cash flow
Cava Group Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 28, 2025 · FY), Cava Group Inc. reported revenue of $1.2B (+22.4% year on year) and net income of $63.7M (-51.1% year on year).
Income statement
Cava Group Inc. income statement, fiscal years
Line item
Dec 28, 2025 · FY
Dec 29, 2024 · FY
Dec 31, 2023 · FY
Revenue
$1.2B
$963.7M
$728.7M
Food, beverage, and packaging
$352.8M
$284.7M
$213.5M
Labor
$301.9M
$247.5M
$187.3M
Occupancy
$83.6M
$69.9M
$58.3M
Other operating expenses
$151.0M
$119.8M
$89.3M
Total restaurant operating expenses
$889.2M
$721.9M
$548.4M
General and administrative expenses
$137.5M
$120.5M
$101.5M
Depreciation and amortization
$73.7M
$60.4M
$47.4M
Restructuring and other costs
$0
$580.0K
$6.1M
Pre-opening costs
$19.1M
$12.2M
$15.7M
Impairment and asset disposal costs
$4.9M
$5.1M
$4.9M
Total operating expenses
$1.1B
$920.6M
$724.0M
Income from operations
$55.3M
$43.1M
$4.7M
Interest income, net
($15.0M)
($16.5M)
—
Other income, net
($469.0K)
($318.0K)
($471.0K)
Income before taxes
$70.8M
$59.9M
$14.0M
Provision for (benefit from) income taxes
$7.1M
($70.4M)
$768.0K
Net income
$63.7M
$130.3M
$13.3M
Basic (in usd per share)
$0.55
$1.14
$0.22
Diluted (in usd per share)
$0.54
$1.10
$0.21
Basic (in shares)
115.8M
114.3M
60.5M
Diluted (in shares)
118.3M
118.3M
63.4M
Cava Group Inc. income statement, quarters
Line item
Jul 12, 2026 · Q3
Apr 19, 2026
Oct 5, 2025 · Q4
Jul 13, 2025 · Q3
Revenue
$368.4M
$438.3M
$292.2M
$280.6M
Food, beverage, and packaging
$110.5M
$127.7M
$88.3M
$83.0M
Labor
$92.4M
$111.6M
$73.8M
$69.5M
Occupancy
$23.1M
$29.9M
$19.5M
$18.8M
Other operating expenses
$46.9M
$58.0M
$38.2M
$34.7M
Total restaurant operating expenses
$272.9M
$327.1M
$219.9M
$205.9M
General and administrative expenses
$39.8M
$51.6M
$31.5M
$32.1M
Depreciation and amortization
$21.0M
$25.5M
$17.6M
$16.8M
Pre-opening costs
$6.7M
$6.2M
$4.9M
$5.1M
Impairment and asset disposal costs
$1.2M
$2.7M
$1.2M
$1.1M
Total operating expenses
$341.6M
$413.0M
$275.1M
$261.0M
Income from operations
$26.8M
$25.3M
$17.1M
$19.6M
Interest income, net
($3.3M)
($4.1M)
($3.6M)
($3.6M)
Other income, net
($439.0K)
($700.0K)
$30.0K
$474.0K
Income before taxes
$30.6M
$30.0M
$20.7M
$23.7M
Provision for (benefit from) income taxes
$7.6M
$6.5M
$5.9M
$5.3M
Net income
$23.0M
$23.6M
$14.7M
$18.4M
Basic (in usd per share)
$0.20
$0.20
$0.13
$0.16
Diluted (in usd per share)
$0.19
$0.20
$0.12
$0.16
Basic (in shares)
116.6M
116.3M
116.0M
115.8M
Diluted (in shares)
118.4M
118.3M
118.3M
118.3M
Balance sheet
Cava Group Inc. balance sheet, fiscal years
Line item
Dec 28, 2025 · FY
Dec 29, 2024 · FY
Dec 31, 2023 · FY
Cash and cash equivalents
$282.9M
$366.1M
$332.4M
Trade accounts receivable, net
$6.3M
$4.8M
$3.7M
Other accounts receivable
$12.7M
$8.2M
$8.2M
Investments at fair value (amortized cost of $109,951)
$110.1M
—
—
Inventories
$9.0M
$7.6M
$5.6M
Prepaid expenses and other
$10.0M
$7.4M
$5.0M
Total current assets
$431.1M
$394.2M
$354.9M
Property and equipment, net
$457.5M
$372.9M
$330.7M
Operating lease assets
$389.4M
$321.8M
$289.5M
Goodwill
$1.9M
$1.9M
$1.9M
Intangible assets, net
$1.8M
$1.4M
$1.4M
Deferred income taxes
$65.4M
$71.5M
$79.0K
Other long-term assets
$12.9M
$5.9M
$5.4M
Total assets
$1.4B
$1.2B
$983.8M
Accounts payable
$37.5M
$25.6M
$17.2M
Accrued expenses and other
$76.6M
$69.8M
$59.2M
Operating lease liabilities, current
$48.5M
$37.2M
$32.6M
Total current liabilities
$162.7M
$132.6M
$109.0M
Operating lease liabilities
$417.7M
$341.5M
$303.6M
Total liabilities
$580.4M
$474.1M
$413.0M
Common stock, par value $0.0001 per share; 2,500,000 authorized; 116,127 and 115,093 issued and outstanding, respectively
$12000.00
$12000.00
$11000.00
Treasury stock, at cost; 1,431 shares
-34.4M
-34.4M
-9.7M
Additional paid-in capital
$1.1B
$1.0B
$1.0B
Accumulated deficit
($253.6M)
($317.3M)
($447.7M)
Accumulated other comprehensive income
$118.0K
—
—
Total stockholders’ equity
$779.7M
$695.6M
$570.8M
Total liabilities and stockholders’ equity
$1.4B
$1.2B
$983.8M
Cava Group Inc. balance sheet, quarters
Line item
Jul 12, 2026
Apr 19, 2026
Oct 5, 2025
Jul 13, 2025
Cash and cash equivalents
$322.8M
$295.8M
$284.6M
$290.2M
Trade accounts receivable, net
$10.1M
$10.8M
$7.6M
$7.6M
Other accounts receivable
$10.4M
$9.9M
$9.6M
$8.9M
Investments at fair value (amortized cost of $113,107 and $109,951, respectively)
$112.8M
$107.2M
$103.1M
$95.6M
Inventories
$9.8M
$9.3M
$8.6M
$8.0M
Prepaid expenses and other
$13.9M
$11.8M
$11.7M
$8.2M
Total current assets
$479.9M
$444.7M
$425.1M
$418.5M
Property and equipment, net
$507.1M
$479.1M
$439.3M
$418.0M
Operating lease assets
$437.9M
$417.0M
$375.2M
$367.8M
Goodwill
$1.9M
$1.9M
$1.9M
$1.9M
Intangible assets, net
$1.8M
$1.8M
$1.8M
$1.6M
Deferred income taxes
$51.6M
$59.1M
$65.8M
$71.6M
Other long-term assets
$19.5M
$19.4M
$12.8M
$12.2M
Total assets
$1.5B
$1.4B
$1.3B
$1.3B
Accounts payable
$38.0M
$33.3M
$31.1M
$33.6M
Accrued expenses and other
$99.7M
$81.1M
$78.5M
$73.5M
Operating lease liabilities, current
$55.5M
$53.0M
$48.7M
$46.6M
Total current liabilities
$193.2M
$167.5M
$158.3M
$153.7M
Operating lease liabilities
$465.3M
$445.4M
$394.7M
$387.2M
Total liabilities
$658.5M
$613.0M
$553.0M
$540.9M
Common stock, par value $0.0001 per share; 2,500,000 shares authorized; 116,804 and 116,127 issued and outstanding, respectively
$12000.00
$12000.00
$12000.00
$12000.00
Treasury stock, at cost; 1,431 shares
-34.4M
-34.4M
-34.4M
-34.4M
Additional paid-in capital
$1.1B
$1.1B
$1.1B
$1.1B
Accumulated deficit
($207.0M)
($230.0M)
($258.5M)
($273.3M)
Accumulated other comprehensive (loss) income
($201.0K)
($22.0K)
$125.0K
($13.0K)
Total stockholders’ equity
$841.3M
$810.0M
$769.0M
$750.7M
Total liabilities and stockholders’ equity
$1.5B
$1.4B
$1.3B
$1.3B
Cash flow statement
Cava Group Inc. cash flow statement, fiscal years
Line item
Dec 28, 2025 · FY
Dec 29, 2024 · FY
Dec 31, 2023 · FY
Net income
$63.7M
$130.3M
$13.3M
Depreciation and amortization
$73.7M
—
—
Unrealized gain on convertible promissory note
($291.0K)
—
—
Equity-based compensation
$15.2M
$13.6M
$9.4M
Deferred income taxes
$6.1M
($71.6M)
—
Impairment and asset disposal costs
$4.9M
$5.1M
$4.9M
Trade accounts receivable
($1.5M)
($1.1M)
($835.0K)
Other accounts receivable
($4.5M)
$26.0K
($3.3M)
Inventories
($1.4M)
($2.0M)
($498.0K)
Prepaid expenses and other
($5.0M)
($3.4M)
$60.0K
Operating lease assets
($68.0M)
($32.5M)
($20.5M)
Accounts payable
$9.4M
$8.9M
$2.5M
Accrued expenses and other
$4.8M
$10.8M
$19.2M
Operating lease liabilities
$87.6M
$42.5M
$25.5M
Net cash provided by operating activities
$184.8M
$161.0M
$97.1M
Purchases of property and equipment
($158.7M)
($108.1M)
($138.8M)
Purchases of debt securities
($134.7M)
—
—
Investment in convertible promissory note
($5.0M)
—
—
Proceeds from principal payments on debt securities
$25.3M
—
—
Net cash used in investing activities
($273.0M)
($108.1M)
($138.8M)
Proceeds from long-term debt
$0
$0
$6.0M
Payments on long-term debt
$0
$0
($6.0M)
Tax withholding on equity-based compensation awards
$0
($24.6M)
—
Shares purchased under equity plans
5.0M
5.5M
1.4M
Proceeds from initial public offering, net of underwriting fees of $22.8 million
$0
$0
$342.6M
Offering costs paid
$0
$0
($5.4M)
Payment of loan acquisition fees
$0
$0
($372.0K)
Payments on finance lease obligations
$0
($45.0K)
—
Net cash provided by (used in) financing activities
$5.0M
($19.2M)
$335.0M
Net change in cash and cash equivalents
($83.2M)
$33.7M
$293.3M
Cash and cash equivalents - beginning of year
$366.1M
$332.4M
$39.1M
Cash and cash equivalents - end of year
$282.9M
$366.1M
$332.4M
Cash paid for fees and interest related to long-term debt
$164.0K
$211.0K
$330.0K
Cash paid for income taxes
$1.7M
$2.5M
$116.0K
Change in accrued purchases of property and equipment
$4.5M
($986.0K)
$584.0K
Conversion of redeemable preferred stock into common stock in connection with initial public offering
$0
$0
$662.3M
Cava Group Inc. cash flow statement, quarters
Line item
Jul 12, 2026 · YTD
Apr 19, 2026
Oct 5, 2025 · YTD
Jul 13, 2025 · YTD
Net income
$46.6M
$23.6M
$58.8M
$44.1M
Depreciation and amortization
$46.4M
$25.5M
$55.3M
$37.6M
Unrealized gain on convertible promissory note
($424.0K)
($424.0K)
($429.0K)
$429.0K
Equity-based compensation
$11.7M
$6.7M
$11.8M
$8.5M
Deferred income taxes
$13.9M
$6.4M
$5.7M
—
Impairment and asset disposal costs
$3.9M
$2.7M
$3.9M
$2.7M
Trade accounts receivable
($3.8M)
($4.4M)
($2.8M)
($2.8M)
Other accounts receivable
$2.2M
$2.7M
($1.3M)
($619.0K)
Inventories
($782.0K)
($242.0K)
($979.0K)
($394.0K)
Prepaid expenses and other
($4.6M)
($2.2M)
($6.2M)
($1.9M)
Operating lease assets
($49.4M)
($28.4M)
($53.8M)
($46.2M)
Accounts payable
($3.8M)
($4.2M)
$2.5M
$2.8M
Accrued expenses and other
$17.6M
$3.8M
$7.2M
$359.0K
Operating lease liabilities
$54.9M
$32.7M
$64.7M
$55.2M
Net cash provided by operating activities
$134.5M
$64.1M
$144.5M
$98.9M
Purchases of property and equipment
($89.7M)
($48.6M)
($121.3M)
($77.0M)
Purchases of debt securities
($80.5M)
($37.1M)
($116.2M)
($100.8M)
Proceeds from principal payments on debt securities
$77.7M
$40.0M
$13.6M
$5.4M
Investment in convertible promissory note
($5.0M)
($5.0M)
($5.0M)
$5.0M
Net cash used in investing activities
($97.5M)
($50.6M)
($228.8M)
($177.4M)
Shares purchased under equity plans
3.7M
216.0K
2.7M
2.6M
Debt refinancing costs
($824.0K)
($824.0K)
—
—
Net cash provided by financing activities
$2.9M
($608.0K)
$2.7M
$2.6M
Net change in cash and cash equivalents
$39.8M
$12.9M
($81.5M)
($75.9M)
Cash and cash equivalents - beginning of year
$282.9M
$282.9M
$366.1M
$366.1M
Cash and cash equivalents - end of period
$322.8M
$295.8M
$284.6M
$290.2M
Cash paid for income taxes
$1.5M
$296.0K
$1.5M
$1.4M
Change in accrued purchases of property and equipment