Darden Restaurants 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 (May 31, 2026 · FY), Darden Restaurants Inc. reported revenue of $13.2B (+9.4% year on year) and net income of $1.2B (+15.0% year on year).
| Line item | May 31, 2026 · FY | May 25, 2025 · FY | May 26, 2024 · FY | May 28, 2023 · FY |
|---|---|---|---|---|
| Sales | $13.2B | $12.1B | $11.4B | $10.5B |
| Food and beverage costs and restaurant expenses | $6.2B | $5.6B | $5.4B | $5.1B |
| Restaurant labor | $4.2B | $3.8B | $3.6B | $3.3B |
| Marketing expenses | $180.4M | $169.9M | $144.5M | $118.3M |
| Pre-opening costs | $34.5M | $24.8M | — | — |
| General and administrative expenses | $514.4M | $520.3M | $479.2M | $386.1M |
| Depreciation and amortization | $561.1M | $516.1M | $459.9M | $387.8M |
| Impairments and disposal of assets, net | ($10.7M) | $49.2M | $12.4M | ($10.6M) |
| Total operating costs and expenses | $11.6B | $10.7B | $10.1B | $9.3B |
| Operating income | $1.6B | $1.4B | $1.3B | $1.2B |
| Interest, net | $194.2M | $175.1M | $138.7M | $81.3M |
| Earnings before income taxes | $1.4B | $1.2B | $1.2B | $1.1B |
| Income tax expense | $174.9M | $136.2M | $145.0M | $137.0M |
| Earnings from continuing operations | $1.2B | $1.1B | $1.0B | $983.5M |
| Losses from discontinued operations, net of tax benefit of $2.9, $0.8, and $1.7, respectively | ($7.0M) | ($1.4M) | ($2.9M) | ($1.6M) |
| Net earnings | $1.2B | $1.0B | $1.0B | $981.9M |
| Earnings from continuing operations (in dollars per share) | $10.51 | $8.94 | $8.59 | $8.07 |
| Net earnings (in dollars per share) | $10.45 | $8.93 | $8.57 | $8.06 |
| Earnings from continuing operations (in dollars per share) | $10.44 | $8.88 | $8.53 | $8.00 |
| Losses from discontinued operations (in dollars per share) | -$0.06 | -$0.01 | -$0.02 | -$0.01 |
| Net earnings (in dollars per share) | $10.38 | $8.86 | $8.51 | $7.99 |
| Basic (in shares) | 115.5M | 117.5M | 119.9M | 121.9M |
| Diluted (in shares) | 116.3M | 118.4M | 120.8M | 122.9M |
| Line item | Aug 30, 2026 · Q1 | Feb 22, 2026 · Q3 | Nov 23, 2025 · Q2 | Aug 24, 2025 · Q1 |
|---|---|---|---|---|
| Sales | $3.2B | $3.3B | $3.1B | $3.0B |
| Food and beverage costs and restaurant expenses | $1.5B | $1.6B | $1.5B | $1.4B |
| Restaurant labor | $1.0B | $1.0B | $1.0B | $988.0M |
| Marketing expenses | $53.1M | $39.4M | $48.7M | $49.1M |
| Pre-opening costs | $8.5M | $8.8M | $8.1M | $5.9M |
| General and administrative expenses | $134.8M | $121.5M | $117.8M | $136.1M |
| Depreciation and amortization | $144.2M | $141.8M | $137.9M | $135.1M |
| Impairments and (gain) loss on disposal of assets, net | ($3.9M) | $25.1M | ($2.9M) | ($42.0M) |
| Total operating costs and expenses | $2.9B | $2.9B | $2.8B | $2.7B |
| Operating income | $319.3M | $406.4M | $320.4M | $339.2M |
| Interest, net | $50.3M | $49.6M | $48.0M | $45.4M |
| Earnings before income taxes | $269.0M | $356.8M | $272.4M | $293.8M |
| Income tax expense | $34.7M | $46.2M | $35.0M | $35.9M |
| Earnings from continuing operations | $234.3M | $310.6M | $237.4M | $257.9M |
| Losses from discontinued operations, net of tax benefit of $0.3 and $0.4, respectively | ($900.0K) | ($3.8M) | ($200.0K) | ($100.0K) |
| Net earnings | $233.4M | $306.8M | $237.2M | $257.8M |
| Earnings from continuing operations (in dollars per share) | $2.06 | $2.70 | $2.05 | $2.21 |
| Net earnings (in dollars per share) | $2.05 | $2.67 | $2.05 | $2.21 |
| Earnings from continuing operations (in dollars per share) | $2.05 | $2.68 | $2.03 | $2.19 |
| Losses from discontinued operations (in dollars per share) | -$0.01 | -$0.03 | $0.00 | $0.00 |
| Net earnings (in dollars per share) | $2.04 | $2.65 | $2.03 | $2.19 |
| Basic (in shares) | 113.6M | 115.0M | 115.9M | 116.7M |
| Diluted (in shares) | 114.4M | 115.8M | 116.7M | 117.6M |
| Line item | May 31, 2026 · FY | May 25, 2025 · FY | May 26, 2024 · FY | May 28, 2023 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $219.5M | $240.0M | $194.8M | $367.8M |
| Receivables, net | $129.9M | $93.8M | $79.1M | $80.2M |
| Inventories | $326.3M | $311.6M | $290.5M | $287.9M |
| Prepaid income taxes | $139.8M | $135.6M | $121.7M | $107.3M |
| Prepaid expenses and other current assets | $127.4M | $156.7M | $136.7M | $154.5M |
| Total current assets | $942.9M | $937.7M | $822.8M | $997.7M |
| Land, buildings and equipment, net | $5.0B | $4.7B | $4.2B | $3.7B |
| Operating lease right-of-use assets | $3.4B | $3.6B | $3.4B | $3.4B |
| Goodwill | $1.7B | $1.7B | $1.4B | $1.0B |
| Trademarks | $1.3B | $1.3B | $1.1B | $806.3M |
| Other assets | $433.2M | $371.6M | $347.6M | $301.1M |
| Total assets | $12.9B | $12.6B | $11.3B | $10.2B |
| Accounts payable | $427.7M | $439.6M | $399.5M | $426.2M |
| Short-term debt and current portion of long-term debt | $693.6M | — | — | — |
| Accrued payroll | $236.1M | $207.5M | $190.1M | $173.0M |
| Accrued taxes | $87.0M | — | — | — |
| Unearned revenues | $606.0M | $599.4M | $591.8M | $512.0M |
| Other current liabilities | $955.0M | $913.3M | $847.2M | $752.5M |
| Total current liabilities | $3.0B | $2.2B | $2.2B | $1.9B |
| Long-term debt | $1.6B | $2.1B | $1.4B | $884.9M |
| Deferred income taxes | $343.6M | $278.8M | $232.0M | $142.2M |
| Operating lease liabilities - non-current | $3.7B | $3.8B | $3.7B | $3.7B |
| Other liabilities | $1.9B | $1.8B | $1.6B | $1.4B |
| Total liabilities | $10.7B | $10.3B | $9.1B | $8.0B |
| Common stock and surplus, no par value. Authorized 500.0 shares; issued 114.1 and 117.0 shares, respectively; outstanding 114.1 and 117.0 shares, respectively | 2.3B | 2.3B | 2.3B | 2.2B |
| Preferred stock, no par value. Authorized 25.0 shares; none issued and outstanding | 0 | 0 | 0 | 0 |
| Retained earnings (deficit) | ($108.4M) | ($16.1M) | ($35.5M) | ($32.5M) |
| Accumulated other comprehensive income | $19.6M | $31.8M | $25.6M | $3.2M |
| Total stockholders’ equity | $2.2B | $2.3B | $2.2B | $2.2B |
| Total liabilities and stockholders’ equity | $12.9B | $12.6B | $11.3B | $10.2B |
| Line item | Aug 30, 2026 | Feb 22, 2026 | Nov 23, 2025 | Aug 24, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $220.5M | $240.4M | $224.1M | $211.0M |
| Receivables, net | $118.0M | $107.7M | $126.1M | $94.1M |
| Inventories | $321.0M | $345.3M | $354.5M | $309.6M |
| Prepaid income taxes | $146.3M | $179.3M | $186.0M | $155.7M |
| Prepaid expenses and other current assets | $147.3M | $136.5M | $152.7M | $162.4M |
| Total current assets | $953.1M | $1.0B | $1.0B | $932.8M |
| Land, buildings, and equipment, net of accumulated depreciation and amortization of $4,550.7 and $4,466.8, respectively | $5.1B | $5.0B | $4.9B | $4.8B |
| Operating lease right-of-use assets | $3.7B | $3.5B | $3.6B | $3.6B |
| Goodwill | $1.7B | $1.7B | $1.7B | $1.7B |
| Trademarks | $1.3B | $1.3B | $1.3B | $1.3B |
| Other assets | $432.9M | $412.5M | $387.9M | $387.6M |
| Total assets | $13.2B | $12.9B | $12.9B | $12.8B |
| Accounts payable | $470.0M | $451.4M | $460.8M | $468.7M |
| Short-term debt and current portion of long-term debt | $979.7M | $290.0M | $438.0M | $142.0M |
| Accrued payroll and employee benefits | $596.6M | $203.5M | $188.3M | $180.0M |
| Accrued taxes | $95.9M | $1.4M | $1.3M | $1.3M |
| Unearned revenues | $571.5M | $654.9M | $567.0M | $562.7M |
| Other current liabilities | $485.3M | $927.4M | $901.9M | $899.1M |
| Total current liabilities | $3.2B | $2.6B | $2.7B | $2.3B |
| Long-term debt | $1.6B | $2.1B | $2.1B | $2.1B |
| Deferred income taxes | $367.6M | $354.2M | $352.4M | $333.0M |
| Operating lease liabilities - non-current | $4.0B | $3.8B | $3.8B | $3.9B |
| Other liabilities | $1.9B | $1.9B | $1.9B | $1.8B |
| Total liabilities | $11.2B | $10.8B | $10.9B | $10.5B |
| Common stock and surplus | $2.3B | $2.3B | $2.3B | $2.3B |
| Retained earnings (deficit) | ($259.5M) | ($217.4M) | ($235.7M) | ($100.6M) |
| Accumulated other comprehensive income | $20.4M | $24.4M | $17.7M | $26.0M |
| Total stockholders’ equity | $2.1B | $2.1B | $2.1B | $2.2B |
| Total liabilities and stockholders’ equity | $13.2B | $12.9B | $12.9B | $12.8B |
| Line item | May 31, 2026 · FY | May 25, 2025 · FY | May 26, 2024 · FY | May 28, 2023 · FY |
|---|---|---|---|---|
| Net earnings | $1.2B | $1.0B | $1.0B | $981.9M |
| Losses from discontinued operations, net of tax | $7.0M | $1.4M | $2.9M | $1.6M |
| Depreciation and amortization | $561.1M | $516.1M | $459.9M | $387.8M |
| Impairments and (gain) loss on disposal of assets, net | ($10.7M) | $49.2M | $12.4M | ($10.6M) |
| Stock-based compensation expense | $79.1M | $79.1M | $68.5M | $67.5M |
| Deferred income taxes | $71.3M | $5.0M | ($3.2M) | ($59.5M) |
| Change in other assets and liabilities | ($400.0K) | $0 | ($23.4M) | $9.0M |
| (Increase) Decrease in trust-owned life insurance value | ($42.6M) | — | — | — |
| Other, net | $6.4M | ($3.3M) | ($16.7M) | $1.5M |
| Net cash provided by operating activities of continuing operations | $1.9B | $1.7B | $1.6B | $1.6B |
| Purchases of land, buildings and equipment | ($734.0M) | ($644.6M) | ($601.2M) | ($564.9M) |
| Proceeds from disposal of land, buildings and equipment | $45.5M | $2.5M | $3.3M | $25.4M |
| Cash used in business acquisitions, net of cash acquired | $0 | ($613.7M) | ($701.1M) | — |
| Purchases of capitalized software and other assets | ($26.4M) | ($27.3M) | ($27.1M) | ($29.4M) |
| Other, net | $3.5M | $4.8M | $1.5M | $500.0K |
| Net cash used in investing activities of continuing operations | ($711.4M) | ($1.3B) | ($1.3B) | ($568.4M) |
| Net proceeds from issuance of common stock | $25.0M | $55.6M | $43.6M | $35.4M |
| Dividends paid | ($693.0M) | ($658.5M) | ($628.4M) | ($589.8M) |
| Repurchases of common stock, inclusive of applicable excise taxes | ($671.7M) | ($418.2M) | ($453.9M) | ($458.7M) |
| Proceeds from (repayment of) commercial paper, net | $194.0M | ($86.8M) | — | — |
| Proceeds from the issuance of long-term debt | $0 | $750.0M | $1.1B | — |
| Repayments of long-term debt | $0 | $0 | ($600.0M) | — |
| Principal payments on finance leases, net | ($18.1M) | ($21.0M) | ($19.9M) | ($19.8M) |
| Payment of debt issuance costs | $0 | ($6.9M) | ($11.6M) | — |
| Net cash used in financing activities of continuing operations | ($1.2B) | ($385.8M) | ($483.4M) | ($1.0B) |
| Net cash used in operating activities of discontinued operations | ($4.8M) | ($8.5M) | ($9.8M) | ($7.2M) |
| Net cash used in discontinued operations | ($4.8M) | ($8.5M) | ($9.8M) | ($7.2M) |
| Increase (Decrease) in cash, cash equivalents, and restricted cash | ($26.9M) | $34.4M | ($196.1M) | ($55.9M) |
| Cash, cash equivalents, and restricted cash - beginning of year | $254.5M | $220.1M | $416.2M | $472.1M |
| Cash, cash equivalents and restricted cash - end of year | $227.6M | $254.5M | $220.1M | — |
| Cash and cash equivalents | $219.5M | $240.0M | $194.8M | $367.8M |
| Restricted cash included in prepaid and other current assets | $8.1M | $14.5M | $25.3M | $48.4M |
| Total cash, cash equivalents, and restricted cash shown in the statement of cash flows | $227.6M | $254.5M | $220.1M | $416.2M |
| Receivables, net | ($36.2M) | ($13.2M) | $9.3M | ($8.2M) |
| Inventories | ($14.7M) | ($20.5M) | $5.6M | ($17.3M) |
| Prepaid expenses and other current assets | ($2.6M) | ($6.7M) | ($1.4M) | ($24.5M) |
| Accounts payable | ($22.6M) | $26.6M | ($11.3M) | $40.9M |
| Accrued payroll | $28.6M | $13.3M | $7.7M | ($8.4M) |
| Prepaid/accrued income taxes | ($6.7M) | ($15.2M) | $5.1M | $143.3M |
| Other accrued taxes | $2.8M | $8.0M | $4.6M | $1.3M |
| Unearned revenues | $6.6M | $5.0M | $12.9M | $14.0M |
| Other current liabilities | $20.0M | $14.2M | $62.9M | $34.6M |
| Change in current assets and liabilities | ($24.8M) | $11.5M | $95.4M | $175.7M |
| Line item | Aug 30, 2026 · Q1 | Feb 22, 2026 · YTD | Nov 23, 2025 · YTD | Aug 24, 2025 · Q1 |
|---|---|---|---|---|
| Net earnings | $233.4M | $801.8M | $495.0M | $257.8M |
| Losses from discontinued operations, net of tax | $900.0K | $4.1M | $300.0K | $100.0K |
| Depreciation and amortization | $144.2M | $414.8M | $273.0M | $135.1M |
| Impairments and (gain) loss on disposal of assets, net | ($3.9M) | ($19.8M) | ($44.9M) | ($42.0M) |
| Stock-based compensation expense | $26.6M | $66.5M | $48.9M | $25.0M |
| Deferred income taxes | $23.5M | $80.1M | $77.7M | $53.9M |
| Change in other assets and liabilities | ($3.9M) | ($9.3M) | ($2.1M) | $5.4M |
| Unrealized change in trust-owned life insurance value | ($3.2M) | ($30.8M) | — | — |
| Net cash provided by operating activities of continuing operations | $279.0M | $1.3B | $663.2M | $342.5M |
| Purchases of land, buildings, and equipment | ($175.3M) | ($540.9M) | ($375.0M) | ($174.1M) |
| Proceeds from disposal of land, buildings, and equipment | $8.8M | $33.0M | $24.1M | $20.3M |
| Purchases of capitalized software and other assets and other, net | ($4.8M) | ($18.5M) | ($13.0M) | ($5.5M) |
| Net cash used in investing activities of continuing operations | ($171.3M) | ($523.1M) | ($363.9M) | ($159.3M) |
| Proceeds from issuance of common stock | $20.0M | $18.2M | $12.7M | $8.8M |
| Dividends paid | ($184.2M) | ($521.5M) | ($349.0M) | ($175.1M) |
| Repurchases of common stock, inclusive of excise taxes paid | ($220.8M) | ($534.4M) | ($407.1M) | ($182.7M) |
| Proceeds from (repayments of) short-term debt, net | $285.9M | $290.0M | — | — |
| Principal payments on finance leases, net | ($5.3M) | ($13.8M) | ($9.5M) | ($5.2M) |
| Net cash used in financing activities of continuing operations | ($104.4M) | ($761.5M) | ($314.9M) | ($212.2M) |
| Net cash used in operating activities of discontinued operations | ($2.3M) | ($2.4M) | ($300.0K) | — |
| Net cash used in discontinued operations | ($2.3M) | ($2.4M) | ($300.0K) | — |
| Increase (decrease) in cash, cash equivalents, and restricted cash | $1.0M | ($6.0M) | ($15.9M) | ($29.0M) |
| Cash, cash equivalents, and restricted cash - beginning of period | $227.6M | $254.5M | $254.5M | $254.5M |
| Cash, cash equivalents, and restricted cash - end of period | $228.6M | $248.5M | $238.6M | $225.5M |
| Cash and cash equivalents | $220.5M | $240.4M | $224.1M | $211.0M |
| Restricted cash included in prepaid expenses and other current assets | $8.1M | $8.1M | $14.5M | $14.5M |
| Total cash, cash equivalents, and restricted cash shown in the statement of cash flows | $228.6M | $248.5M | $238.6M | $225.5M |
| Receivables, net | $11.9M | $300.0K | ($9.2M) | $20.2M |
| Inventories | $5.3M | ($33.7M) | ($42.9M) | $2.0M |
| Prepaid expenses and other current assets | ($19.9M) | $4.1M | ($5.1M) | ($9.4M) |
| Accounts payable | $24.4M | ($500.0K) | $10.5M | $20.1M |
| Accrued payroll and employee benefits | ($51.8M) | ($3.9M) | ($19.2M) | ($27.5M) |
| Prepaid income taxes | ($6.5M) | — | — | — |
| Accrued taxes | $8.8M | — | — | — |
| Unearned revenues | ($34.5M) | $55.5M | ($32.4M) | ($36.6M) |
| Other current liabilities | ($76.3M) | ($2.6M) | ($31.1M) | ($35.5M) |
| Change in current assets and liabilities | ($138.6M) | ($30.2M) | ($172.0M) | ($79.2M) |
Darden Restaurants Inc. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.