European Wax Center Inc (EWCZ) financial statements: income statement, balance sheet and cash flow

European Wax Center 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 (Jan 3, 2026 · FY), European Wax Center Inc reported revenue of $206.6M (-4.7% year on year) and net income of $11.9M (-19.2% year on year).

Income statement

European Wax Center Inc income statement, fiscal years

Line item	Jan 3, 2026 · FY	Jan 4, 2025 · FY	Jan 6, 2024 · FY	Dec 31, 2022 · FY
Total revenue	$206.6M	$216.9M	$221.0M	$207.4M
Cost of revenue	$53.8M	$57.3M	$62.6M	$59.2M
Selling, general and administrative	$58.4M	$58.7M	$59.5M	$59.0M
Advertising	$30.9M	$32.9M	$33.9M	$28.7M
Depreciation and amortization	$20.4M	$20.3M	$20.2M	$20.2M
Loss (gain) on disposal or impairment of assets	$125.0K	—	—	—
Gain on sale of centers	$0	($81.0K)	—	—
Total operating expenses	$163.6M	$169.2M	$176.2M	$167.1M
Income from operations	$43.0M	$47.8M	$44.9M	$40.3M
Interest expense, net	$26.3M	$25.5M	$26.7M	$23.6M
Other expense	$91.0K	—	—	$56.2M
Income before income taxes	$16.6M	$16.9M	$18.6M	($39.6M)
Income tax expense	$4.7M	$2.2M	$6.2M	($53.2M)
NET INCOME	$11.9M	$14.7M	$12.3M	$13.6M
Less: net income attributable to noncontrolling interests	$3.2M	$4.2M	$3.4M	$6.3M
NET INCOME ATTRIBUTABLE TO EUROPEAN WAX CENTER, INC.	$8.7M	$10.5M	$8.9M	$7.3M

European Wax Center Inc income statement, quarters

Line item	Apr 4, 2026 · Q1	Oct 4, 2025 · Q3	Jul 5, 2025 · Q2	Apr 5, 2025 · Q1
Total revenue	$51.1M	$54.2M	$55.9M	$51.4M
Cost of revenue	$13.7M	$14.5M	$14.2M	$13.3M
Selling, general and administrative	$13.6M	$13.0M	$14.5M	$15.3M
Advertising	$9.3M	$7.6M	$8.2M	$7.2M
Depreciation and amortization	$5.4M	$5.0M	$5.0M	$5.0M
Gain on disposal or impairment of assets	($3.0K)	$125.0K	—	—
Total operating expenses	$42.0M	$40.3M	$41.8M	$40.8M
Income from operations	$9.2M	$13.9M	$14.1M	$10.6M
Interest expense, net	$6.7M	$6.5M	$6.6M	$6.6M
Other income	($59.0K)	($12.0K)	$22.0K	($2.0K)
Income before income taxes	$2.5M	$7.4M	$7.5M	$4.0M
Income tax expense	$877.0K	$2.0M	$2.1M	$1.4M
NET INCOME	$1.6M	$5.4M	$5.4M	$2.6M
Less: net income attributable to noncontrolling interests	$653.0K	$1.6M	$1.6M	$835.0K
NET INCOME ATTRIBUTABLE TO EUROPEAN WAX CENTER, INC.	$960.0K	$3.8M	$3.8M	$1.7M

Balance sheet

European Wax Center Inc balance sheet, fiscal years

Line item	Jan 3, 2026 · FY	Jan 4, 2025 · FY	Jan 6, 2024 · FY	Dec 31, 2022 · FY
Cash and cash equivalents	$76.1M	$49.7M	$52.7M	$44.2M
Restricted Cash	$6.4M	$6.5M	$6.5M	$6.6M
Accounts receivable, net	$11.0M	$7.3M	$9.3M	$6.9M
Inventory, net	$17.8M	$19.1M	$20.8M	$23.0M
Prepaid expenses and other current assets	$5.3M	$5.3M	$6.3M	$5.6M
Total current assets	$116.5M	$87.8M	$95.5M	$86.3M
Property and equipment, net	$10.8M	$2.3M	$2.3M	$2.7M
Operating lease right-of-use assets	$3.4M	$3.3M	$4.0M	$4.9M
Intangible assets, net	$412.8M	$432.2M	$164.1M	$183.0M
Goodwill	$39.1M	$39.1M	$328.6M	$328.6M
Deferred income taxes	$141.3M	$140.3M	$138.2M	$106.2M
Other non-current assets	$1.3M	$2.0M	$3.1M	$4.3M
Total assets	$725.3M	$707.1M	$735.7M	$716.0M
Accounts payable and accrued liabilities	$25.1M	$17.4M	$18.0M	$18.5M
Long-term debt, current portion	$4.0M	$4.0M	$4.0M	$4.0M
Tax receivable agreement liability, current portion	$8.7M	$9.4M	$9.4M	$4.9M
Deferred revenue, current portion	$4.1M	$4.1M	$5.3M	$4.1M
Operating lease liabilities, current portion	$1.2M	$1.3M	$1.2M	$1.3M
Total current liabilities	$43.1M	$36.1M	$37.8M	$32.8M
Long-term debt, net	$374.8M	$373.2M	$372.0M	$370.9M
Tax receivable agreement liability, net of current portion	$192.7M	$194.9M	$197.3M	$167.3M
Deferred revenue, net of current portion	$4.7M	$5.8M	$6.6M	$6.9M
Operating lease liabilities, net of current portion	$2.2M	$2.3M	$3.2M	$4.2M
Deferred tax liability	$845.0K	$738.0K	—	—
Other long-term liabilities	$1.9M	$2.3M	$2.2M	$3.6M
Total liabilities	$620.4M	$615.5M	$619.1M	$585.7M
Preferred stock	$0	$0	$0	$0
Treasury stock	($86.2M)	($80.1M)	($40.0M)	($10.1M)
Additional paid-in capital	$257.2M	$244.6M	$232.8M	$207.5M
Accumulated deficit	($91.7M)	($100.4M)	($109.5M)	($118.4M)
Total stockholders' equity attributable to European Wax Center, Inc.	$79.3M	$64.0M	$83.3M	$79.0M
Noncontrolling interests	$25.6M	$27.5M	$33.3M	$51.3M
Total stockholders' equity	$104.9M	$91.6M	$116.6M	$130.3M
Total liabilities and stockholders' equity	$725.3M	$707.1M	$735.7M	$716.0M

European Wax Center Inc balance sheet, quarters

Line item	Apr 4, 2026	Oct 4, 2025	Jul 5, 2025	Apr 5, 2025
Cash and cash equivalents	$71.7M	$73.6M	$63.9M	$58.3M
Restricted cash	$6.4M	$6.4M	$6.4M	$6.5M
Accounts receivable, net	$12.7M	$7.1M	$8.7M	$7.8M
Inventory, net	$18.7M	$15.6M	$19.1M	$18.6M
Prepaid expenses and other current assets	$8.8M	$5.8M	$5.4M	$4.1M
Total current assets	$118.4M	$108.5M	$103.4M	$95.3M
Property and equipment, net	$12.9M	$9.8M	$8.3M	$6.9M
Operating lease right-of-use assets	$3.1M	$3.7M	$3.2M	$3.5M
Intangible assets, net	$408.0M	$417.7M	$422.5M	$427.3M
Goodwill	$39.1M	$39.1M	$39.1M	$39.1M
Deferred income taxes	$140.8M	$140.4M	$138.1M	$139.9M
Other non-current assets	$1.2M	$1.6M	$1.8M	$1.8M
Total assets	$723.5M	$720.7M	$716.4M	$713.8M
Accounts payable and accrued liabilities	$21.7M	$17.6M	$18.5M	$16.5M
Long-term debt, current portion	$4.0M	$4.0M	$4.0M	$4.0M
Tax receivable agreement liability, current portion	$8.7M	$2.9M	$2.8M	$9.4M
Deferred revenue, current portion	$3.8M	$3.8M	$4.1M	$4.0M
Operating lease liabilities, current portion	$1.2M	$1.2M	$1.2M	$1.2M
Total current liabilities	$39.4M	$29.6M	$30.6M	$35.1M
Long-term debt, net	$375.3M	$374.4M	$374.0M	$373.6M
Tax receivable agreement liability, net of current portion	$193.2M	$201.5M	$195.5M	$195.5M
Deferred revenue, net of current portion	$4.5M	$5.0M	$5.3M	$5.6M
Operating lease liabilities, net of current portion	$1.9M	$2.6M	$2.2M	$2.5M
Deferred tax liability	$845.0K	$738.0K	$738.0K	$738.0K
Other long-term liabilities	$1.6M	$2.1M	$2.2M	$2.3M
Total liabilities	$616.8M	$615.9M	$610.5M	$615.3M
Preferred stock	$0	$0	$0	$0
Treasury stock	($86.2M)	($86.2M)	($81.6M)	($81.2M)
Additional paid-in capital	$259.1M	$255.5M	$253.0M	$250.3M
Accumulated deficit	($90.8M)	($91.1M)	($94.9M)	($98.7M)
Total stockholders' equity attributable to European Wax Center, Inc.	$82.0M	$78.1M	$76.5M	$70.5M
Noncontrolling interests	$24.7M	$26.7M	$29.3M	$28.1M
Total stockholders' equity	$106.7M	$104.8M	$105.9M	$98.5M
Total liabilities and stockholders' equity	$723.5M	$720.7M	$716.4M	$713.8M

Cash flow statement

European Wax Center Inc cash flow statement, fiscal years

Line item	Jan 3, 2026 · FY	Jan 4, 2025 · FY	Jan 6, 2024 · FY	Dec 31, 2022 · FY
Net income	$11.9M	$14.7M	$12.3M	$13.6M
Depreciation and amortization	$20.4M	$20.3M	$20.2M	$20.2M
Amortization of deferred financing costs	$5.9M	$5.6M	$5.4M	$3.9M
(Decrease) provision for inventory obsolescence	($61.0K)	—	—	—
Provision for bad debts	$17.0K	$570.0K	$129.0K	$76.0K
Gain on sale of centers	$0	($81.0K)	—	—
Loss on disposal of property and equipment	$125.0K	$3.0K	$11.0K	$7.0K
Deferred income taxes	$4.3M	$2.3M	$5.6M	($53.7M)
Remeasurement of tax receivable agreement liability	$91.0K	$5.4M	($512.0K)	$56.2M
Equity compensation	$6.5M	$5.2M	$11.0M	$9.0M
Accounts receivable	($3.7M)	$1.3M	($2.7M)	($802.0K)
Inventory, net	$1.4M	$1.4M	$2.3M	($3.5M)
Prepaid expenses and other assets	$1.3M	$2.8M	$1.2M	$3.2M
Accounts payable and accrued liabilities	$7.6M	($417.0K)	$529.0K	($5.7M)
Deferred revenue	($1.2M)	($1.7M)	$891.0K	$1.2M
Other long-term liabilities	($1.6M)	($1.1M)	($752.0K)	($1.0M)
Net cash provided by operating activities	$53.0M	$56.5M	$55.6M	$44.4M
Purchases of property and equipment	($2.9M)	($521.0K)	($785.0K)	($245.0K)
Cash received for sale of center	$0	$135.0K	—	—
Net cash used in investing activities	($2.9M)	($386.0K)	($785.0K)	($245.0K)
Principal payments on long-term debt	($4.0M)	($4.0M)	($4.0M)	($182.0M)
Distributions to EWC Ventures LLC members	($3.8M)	($4.3M)	($3.4M)	($8.7M)
Repurchase of Class A common stock	($6.1M)	($40.1M)	($29.9M)	($10.1M)
Taxes on vested restricted stock units paid by withholding shares	-171.0K	-557.0K	-537.0K	-643.0K
Dividend equivalents to holders of EWC Ventures units	($10.0K)	($789.0K)	($2.8M)	($83.0M)
Payments pursuant to tax receivable agreement	($9.8M)	($9.3M)	($5.7M)	($912.0K)
Net cash used in financing activities	($23.8M)	($59.2M)	($46.4M)	($36.6M)
Net increase (decrease) in cash, cash equivalents and restricted cash	$26.3M	($3.0M)	$8.4M	$7.5M
Cash, cash equivalents and restricted cash, beginning of period	$56.2M	$59.2M	$50.8M	$43.3M
Cash, cash equivalents and restricted cash, end of period	$82.5M	$56.2M	$59.2M	$50.8M
Cash paid for interest	$21.7M	$21.9M	$22.2M	$18.5M
Cash paid for income taxes	$214.0K	$498.0K	$860.0K	$169.0K
Property purchases included in accounts payable and accrued liabilities	$105.0K	$593.0K	$0	$37.0K
Property purchases included in additional paid-in capital	$6.5M	$116.0K	—	—
Right-of-use assets obtained in exchange for operating lease liabilities	$1.2M	$592.0K	$368.0K	—

European Wax Center Inc cash flow statement, quarters

Line item	Apr 4, 2026 · Q1	Oct 4, 2025 · YTD	Jul 5, 2025 · YTD	Apr 5, 2025 · Q1
Net income	$1.6M	$13.3M	$8.0M	$2.6M
Depreciation and amortization	$5.4M	$15.0M	$10.0M	$5.0M
Amortization of deferred financing costs	$1.6M	$4.4M	$2.9M	$1.5M
Provision for inventory obsolescence	($42.0K)	$0	$0	$0
Provision for bad debts	$16.0K	—	$75.0K	$73.0K
Deferred income taxes	$803.0K	$5.1M	$3.2M	$1.3M
Remeasurement of tax receivable agreement liability	($59.0K)	$8.0K	$20.0K	($2.0K)
Loss on disposal or impairment of assets	($3.0K)	$125.0K	—	—
Equity compensation	$1.9M	$5.4M	$4.9M	$2.6M
Accounts receivable	($1.8M)	$222.0K	($1.5M)	($600.0K)
Inventory, net	($917.0K)	$3.4M	$2.0K	$478.0K
Prepaid expenses and other assets	($3.2M)	$351.0K	$570.0K	$1.5M
Accounts payable and accrued liabilities	($3.5M)	($1.0K)	$887.0K	($945.0K)
Deferred revenue	($539.0K)	($1.2M)	($576.0K)	($429.0K)
Other long-term liabilities	($569.0K)	($998.0K)	($656.0K)	($280.0K)
Net cash provided by operating activities	$618.0K	$45.2M	$27.9M	$12.7M
Purchases of property and equipment	($1.7M)	($2.2M)	($1.4M)	($660.0K)
Net cash used in investing activities	($1.7M)	($2.2M)	($1.4M)	($660.0K)
Principal payments on long-term debt	($1.0M)	($3.0M)	($2.0M)	($1.0M)
Distributions to EWC Ventures LLC members	($1.5M)	($3.4M)	($2.2M)	($1.2M)
Repurchase of Class A common stock	$0	($6.1M)	($1.4M)	($1.1M)
Taxes on vested restricted stock units paid by withholding shares	-732.0K	-168.0K	-161.0K	-159.0K
Dividend equivalents to holders of EWC Ventures units	$0	($10.0K)	($10.0K)	($10.0K)
Net cash used in financing activities	($3.2M)	($19.2M)	($12.4M)	($3.5M)
Net (decrease) increase in cash, cash equivalents and restricted cash	($4.3M)	$23.8M	$14.1M	$8.6M
Cash, cash equivalents and restricted cash, beginning of period	$82.5M	$56.2M	$56.2M	$56.2M
Cash, cash equivalents and restricted cash, end of period	$78.1M	$80.0M	$70.3M	$64.8M
Cash paid for interest	$5.4M	$16.3M	$10.9M	$5.4M
Cash paid for income taxes	$0	$460.0K	$440.0K	$143.0K
Property purchases included in accounts payable and accrued liabilities	$65.0K	$144.0K	$112.0K	$89.0K
Property purchases included in additional paid-in capital	$872.0K	$5.7M	$4.8M	$4.0M
Right-of-use assets obtained in exchange for operating lease obligations	$0	$1.2M	$446.0K	$446.0K

European Wax Center Inc score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.