Texas Roadhouse Inc. (TXRH) financial statements: income statement, balance sheet and cash flow
Texas Roadhouse 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 30, 2025 · FY), Texas Roadhouse Inc. reported revenue of $5.9B (+9.4% year on year) and net income of $405.6M (-6.5% year on year).
Income statement
Texas Roadhouse Inc. income statement, fiscal years
Line item
Dec 30, 2025 · FY
Dec 31, 2024 · FY
Dec 26, 2023 · FY
Dec 27, 2022 · FY
Total revenue
$5.9B
$5.4B
$4.6B
$4.0B
Food and Beverage
$2.0B
$1.8B
$1.6B
$1.4B
Labor
$1.9B
$1.8B
$1.5B
$1.3B
Rent
$92.3M
$80.6M
$72.8M
$66.8M
Other operating
$855.1M
$795.7M
$690.8M
$596.3M
Pre-opening
$27.5M
$28.1M
$29.2M
$21.9M
Depreciation and amortization
$206.6M
$178.2M
$153.2M
$137.2M
Impairment and closure, net
$349.0K
$1.2M
$275.0K
$1.6M
General and administrative
$227.3M
$223.3M
$198.4M
$172.7M
Total costs and expenses
$5.4B
$4.9B
$4.3B
$3.7B
Income from operations
$474.7M
$516.5M
$354.0M
$320.2M
Interest income, net
$3.1M
$6.8M
$3.0M
$124.0K
Equity income from investments in unconsolidated affiliates
$2.9M
$1.2M
$1.4M
$1.2M
Income before taxes
$480.8M
$524.5M
$358.3M
$321.3M
Income tax expense
$66.4M
$80.1M
$44.6M
$43.7M
Net income including noncontrolling interests
$414.3M
$444.3M
$313.7M
$277.6M
Less: Net income attributable to noncontrolling interests
$8.8M
$10.8M
$8.8M
$7.8M
Net income attributable to Texas Roadhouse, Inc. and subsidiaries
$405.6M
$433.6M
$304.9M
$269.8M
Basic
$6.11
$6.50
$4.56
$3.99
Diluted
$6.10
$6.47
$4.54
$3.97
Basic
66.3M
66.8M
66.9M
67.6M
Diluted
66.5M
67.0M
67.1M
67.9M
Cash dividends declared per share
$2.72
$2.44
$2.20
$1.84
Texas Roadhouse Inc. income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jul 1, 2025 · Q3
Total revenue
$1.7B
$1.6B
$1.4B
$1.5B
Food and beverage
$591.5M
$574.3M
$511.5M
$511.3M
Labor
$544.0M
$534.6M
$480.3M
$495.0M
Rent
$25.2M
$24.7M
$23.1M
$23.0M
Other operating
$237.0M
$228.6M
$209.9M
$217.2M
Pre-opening
$8.5M
$6.6M
$7.4M
$5.5M
Depreciation and amortization
$58.3M
$56.8M
$52.6M
$50.7M
Impairment and closure, net
$153.0K
—
$140.0K
$111.0K
General and administrative
$72.4M
$61.1M
$54.4M
$62.8M
Total costs and expenses
$1.5B
$1.5B
$1.3B
$1.4B
Income from operations
$142.8M
$146.3M
$96.9M
$146.3M
Interest income, net
$1.0M
$545.0K
$643.0K
$1.0M
Equity income from investments in unconsolidated affiliates
$182.0K
$144.0K
$120.0K
$1.4M
Income before taxes
$144.0M
$147.0M
$97.7M
$148.8M
Income tax expense
$19.5M
$21.0M
$12.8M
$22.1M
Net income including noncontrolling interests
$124.5M
$126.0M
$84.9M
$126.7M
Less: Net income attributable to noncontrolling interests
$2.6M
$2.6M
$1.7M
$2.6M
Net income attributable to Texas Roadhouse, Inc. and subsidiaries
$121.9M
$123.4M
$83.2M
$124.1M
Unrealized loss on investments, net of tax of $12 and $30
($36.0K)
($54.0K)
—
—
Total comprehensive income
$121.9M
$123.4M
—
—
Basic
$1.86
$1.87
$1.25
$1.87
Diluted
$1.85
$1.87
$1.25
$1.86
Basic
65.7M
65.9M
66.4M
66.4M
Diluted
65.9M
66.1M
66.5M
66.6M
Cash dividends declared per share
$0.75
$0.75
$0.68
$0.68
Balance sheet
Texas Roadhouse Inc. balance sheet, fiscal years
Line item
Dec 30, 2025 · FY
Dec 31, 2024 · FY
Dec 26, 2023 · FY
Dec 27, 2022 · FY
Cash and cash equivalents
$134.7M
$245.2M
$104.2M
$173.9M
Receivables, net of allowance for doubtful accounts of $12 at December 30, 2025 and $7 at December 31, 2024
$214.5M
$193.2M
$175.5M
$150.3M
Inventories, net
$45.6M
$40.8M
$38.3M
$38.0M
Prepaid income taxes
$13.8M
$0
$3.3M
$5.1M
Prepaid expenses and other current assets
$42.9M
$37.4M
$35.2M
$29.6M
Total current assets
$451.5M
$516.6M
$356.5M
$396.8M
Property and equipment, net of accumulated depreciation of $1,379,207 at December 30, 2025 and $1,223,064 at December 31, 2024
$1.8B
$1.6B
$1.5B
$1.3B
Operating lease right-of-use assets, net
$879.5M
$769.9M
$694.0M
$630.3M
Goodwill
$242.2M
$169.7M
$169.7M
$148.7M
Intangible assets, net of accumulated amortization of $29,611 at December 30, 2025 and $23,147 at December 31, 2024
$17.7M
—
—
—
Other assets
$154.7M
$115.7M
$95.0M
$73.9M
Total assets
$3.5B
$3.2B
$2.8B
$2.5B
Current portion of operating lease liabilities
$31.0M
$28.2M
$27.4M
$25.5M
Accounts payable
$163.4M
$144.8M
$131.6M
$105.6M
Deferred revenue-gift cards
$448.7M
$401.2M
$373.9M
$335.4M
Accrued wages
$97.4M
$102.0M
$68.1M
$54.5M
Income taxes payable
$123.0K
$3.0M
$112.0K
$434.0K
Accrued taxes and licenses
$53.4M
$56.8M
$42.8M
$35.3M
Other accrued liabilities
$114.8M
$92.2M
$101.5M
$95.3M
Total current liabilities
$908.8M
$828.1M
$745.4M
$652.0M
Operating lease liabilities, net of current portion
$943.1M
$826.3M
$743.5M
$677.9M
Restricted stock and other deposits
$9.5M
$9.3M
$8.9M
$8.0M
Deferred tax liabilities, net
$14.7M
$8.2M
$23.1M
$21.0M
Other liabilities
$191.7M
$145.2M
$115.0M
$89.2M
Total liabilities
$2.1B
$1.8B
$1.6B
$1.5B
Common stock ($0.001 par value, 100,000,000 shares authorized, 65,943,730 and 66,574,626 shares issued and outstanding at December 30, 2025 and December 31, 2024, respectively)
66.0K
67.0K
67.0K
67.0K
Retained earnings
$1.5B
$1.4B
$1.1B
$999.4M
Total Texas Roadhouse, Inc. and subsidiaries stockholders' equity
$1.5B
$1.4B
$1.1B
$1.0B
Noncontrolling interests
$20.9M
$15.4M
$15.8M
$15.0M
Total equity
$1.5B
$1.4B
$1.2B
$1.0B
Total liabilities and equity
$3.5B
$3.2B
$2.8B
$2.5B
Texas Roadhouse Inc. balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jul 1, 2025
Cash and cash equivalents
$202.4M
$214.6M
$108.2M
$176.8M
Receivables, net of allowance for doubtful accounts of $32 at June 30, 2026 and $12 at December 30, 2025
$74.1M
$53.8M
$61.1M
$65.0M
Inventories, net
$49.7M
$46.0M
$45.5M
$45.7M
Prepaid income taxes
$1.1M
$3.9M
—
—
Prepaid expenses and other current assets
$34.5M
$44.1M
$34.6M
$36.9M
Total current assets
$361.9M
$362.4M
$249.4M
$324.4M
Property and equipment, net of accumulated depreciation of $1,460,453 at June 30, 2026 and $1,379,207 at December 30, 2025
$1.9B
$1.8B
$1.8B
$1.7B
Operating lease right-of-use assets, net
$942.1M
$912.8M
$842.0M
$831.7M
Goodwill
$275.0M
$275.0M
$230.3M
$229.9M
Intangible assets, net of accumulated amortization of $33,957 at June 30, 2026 and $29,611 at December 30, 2025
$26.5M
$28.6M
$13.1M
$14.7M
Other assets
$180.0M
$161.2M
$144.1M
$140.0M
Total assets
$3.7B
$3.6B
$3.3B
$3.3B
Current portion of operating lease liabilities
$32.8M
$31.8M
$30.0M
$30.5M
Accounts payable
$179.0M
$170.0M
$141.5M
$146.9M
Deferred revenue-gift cards
$305.9M
$330.4M
$248.6M
$277.3M
Accrued wages
$102.4M
$95.6M
$93.9M
$91.9M
Income taxes payable
$2.0M
$3.0M
$97.0K
$71.0K
Accrued taxes and licenses
$54.6M
$57.8M
$55.7M
$49.5M
Other accrued liabilities
$114.0M
$100.3M
$119.2M
$117.3M
Total current liabilities
$790.8M
$788.8M
$688.8M
$713.5M
Operating lease liabilities, net of current portion
$1.0B
$972.5M
$903.8M
$892.4M
Long-term debt
$50.0M
$50.0M
—
—
Restricted stock and other deposits
$9.3M
$9.4M
$9.4M
$9.4M
Deferred tax liabilities, net
$22.2M
$20.7M
$9.7M
$1.7M
Other liabilities
$215.2M
$194.9M
$179.2M
$172.1M
Total liabilities
$2.1B
$2.0B
$1.8B
$1.8B
Common stock ($0.001 par value, 100,000,000 shares authorized, 65,585,589 and 65,943,730 shares issued and outstanding at June 30, 2026 and December 30, 2025, respectively)
66.0K
66.0K
66.0K
66.0K
Retained earnings
$1.6B
$1.5B
$1.5B
$1.5B
Accumulated other comprehensive loss
($90.0K)
($54.0K)
—
—
Total Texas Roadhouse, Inc. and subsidiaries stockholders' equity
$1.6B
$1.5B
$1.5B
$1.5B
Noncontrolling interests
$21.2M
$21.4M
$15.1M
$15.4M
Total equity
$1.6B
$1.5B
$1.5B
$1.5B
Total liabilities and equity
$3.7B
$3.6B
$3.3B
$3.3B
Cash flow statement
Texas Roadhouse Inc. cash flow statement, fiscal years
Line item
Dec 30, 2025 · FY
Dec 31, 2024 · FY
Dec 26, 2023 · FY
Dec 27, 2022 · FY
Net income including noncontrolling interests
$414.3M
$444.3M
$313.7M
$277.6M
Depreciation and amortization
$206.6M
$178.2M
$153.2M
$137.2M
Deferred income taxes
$7.0M
($13.8M)
$3.1M
$9.5M
Loss on disposition of assets
$4.8M
$3.6M
$3.8M
$5.2M
Impairment and closure costs
$120.0K
$845.0K
$200.0K
$1.8M
Equity income from investments in unconsolidated affiliates
($2.9M)
($1.2M)
($1.4M)
($1.2M)
Distributions of income received from investments in unconsolidated affiliates
$865.0K
$1.1M
$689.0K
$1.0M
Provision for doubtful accounts
$5.0K
($28.0K)
($14.0K)
$33.0K
Share-based compensation expense
$47.8M
$47.1M
$34.2M
$36.7M
Receivables
($21.3M)
($17.7M)
($24.4M)
$11.1M
Inventories
($3.6M)
($2.4M)
$105.0K
($6.1M)
Prepaid expenses and other current assets
($4.6M)
($2.2M)
($5.6M)
($6.5M)
Other assets
($32.4M)
($20.1M)
($22.6M)
$5.8M
Accounts payable
$19.0M
$13.1M
$23.1M
$5.4M
Deferred revenue-gift cards
$45.4M
$27.3M
$37.3M
$33.8M
Accrued wages
($4.7M)
$33.9M
$13.5M
($10.2M)
Prepaid income taxes and income taxes payable
($16.6M)
$6.1M
$1.5M
$6.0M
Accrued taxes and licenses
($4.3M)
$14.4M
$6.6M
$1.9M
Other accrued liabilities
$18.7M
$2.8M
($3.5M)
$2.1M
Operating lease right-of-use assets and lease liabilities
$9.3M
$8.1M
$6.3M
$5.3M
Other liabilities
$46.5M
$30.2M
$25.1M
($4.5M)
Net cash provided by operating activities
$730.1M
$753.6M
$565.0M
$511.7M
Capital expenditures-property and equipment
($388.0M)
($354.3M)
($347.0M)
($246.1M)
Acquisitions of franchise restaurants, net of cash acquired
($107.5M)
$0
($39.2M)
($33.1M)
Acquisitions of franchise rights
($6.0M)
—
—
—
Purchases of debt securities
($4.2M)
—
—
—
Proceeds from sale of investments in unconsolidated affiliates
$2.5M
$0
$627.0K
$316.0K
Proceeds from sale of property and equipment
$1.2M
$1.4M
$2.1M
$2.3M
Proceeds from sale leaseback transactions
$19.1M
$16.0M
$16.3M
$12.9M
Net cash used in investing activities
($482.8M)
($336.9M)
($367.2M)
($263.7M)
Payments on revolving credit facility
$0
$0
($50.0M)
($50.0M)
Debt issuance costs
($1.5M)
—
$0
—
Proceeds from noncontrolling interest contribution
$2.3M
—
—
—
Distributions to noncontrolling interest holders
($8.8M)
($10.4M)
($8.0M)
($7.8M)
Acquisitions of noncontrolling interests
$0
($5.3M)
$0
($1.7M)
Proceeds from restricted stock and other deposits, net
$459.0K
$366.0K
$405.0K
$307.0K
Indirect repurchase of shares for minimum tax withholdings
-19.5M
-17.6M
-12.7M
-13.6M
Repurchase of shares of common stock, including excise taxes as applicable
-150.4M
-80.0M
-50.0M
-212.9M
Dividends paid to shareholders
($180.3M)
($162.9M)
($147.2M)
($124.1M)
Net cash used in financing activities
($357.8M)
($275.7M)
($267.4M)
($409.8M)
Net (decrease) increase in cash and cash equivalents
($110.5M)
$141.0M
($69.6M)
($161.8M)
Cash and cash equivalents-beginning of period
$245.2M
$104.2M
$173.9M
$335.6M
Cash and cash equivalents-end of period
$134.7M
$245.2M
$104.2M
$173.9M
Interest paid
$981.0K
$891.0K
$1.1M
$1.5M
Income taxes paid
$75.1M
$87.3M
$39.9M
$25.9M
Texas Roadhouse Inc. cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jul 1, 2025 · YTD
Net income including noncontrolling interests
$250.5M
$126.0M
$327.7M
$242.8M
Depreciation and amortization
$115.2M
$56.8M
$152.2M
$99.5M
Deferred income taxes
$7.8M
$6.3M
$2.0M
($6.5M)
Loss on disposition of assets
$2.2M
$800.0K
$4.1M
$3.5M
Impairment and closure costs
$101.0K
($4.0K)
$83.0K
$39.0K
Equity income from investments in unconsolidated affiliates
($326.0K)
($144.0K)
($1.8M)
($1.7M)
Distributions of income received from investments in unconsolidated affiliates
$300.0K
$109.0K
$761.0K
$605.0K
Provision for doubtful accounts
$20.0K
$17.0K
$7.0K
$4.0K
Share-based compensation expense
$26.9M
$13.5M
$35.8M
$23.2M
Receivables
$140.4M
$160.7M
$132.1M
$128.2M
Inventories
($3.8M)
($163.0K)
($3.8M)
($4.0M)
Prepaid expenses and other current assets
$9.1M
($512.0K)
$8.8M
$5.5M
Other assets
($19.7M)
($742.0K)
($26.2M)
($21.7M)
Accounts payable
$8.7M
$5.8M
($162.0K)
$1.3M
Deferred revenue-gift cards
($143.7M)
($119.2M)
($154.5M)
($125.8M)
Accrued wages
$5.0M
($1.8M)
($8.2M)
($10.2M)
Prepaid income taxes and income taxes payable
$14.6M
$12.7M
($8.7M)
($6.6M)
Accrued taxes and licenses
$1.9M
$4.4M
($1.5M)
($7.2M)
Other accrued liabilities
($5.0M)
($10.2M)
$9.7M
$13.9M
Operating lease right-of-use assets and lease liabilities
$5.4M
$1.5M
$7.1M
$4.2M
Other liabilities
$23.5M
$3.2M
$34.1M
$26.9M
Net cash provided by operating activities
$439.2M
$259.1M
$509.6M
$366.0M
Capital expenditures-property and equipment
($178.8M)
($80.2M)
($298.8M)
($169.9M)
Acquisitions of franchise restaurants, net of cash acquired
($71.8M)
($71.8M)
($94.2M)
($93.9M)
Purchases of debt securities
($5.3M)
($5.3M)
—
—
Proceeds from sale of investments in unconsolidated affiliates
$0
—
$1.3M
$1.3M
Proceeds from sale of property and equipment
$0
—
$1.2M
$135.0K
Proceeds from sale leaseback transactions
$14.0M
$10.4M
$6.3M
$2.8M
Net cash used in investing activities
($242.0M)
($146.8M)
($384.2M)
($259.5M)
Proceeds from revolving credit facility
$70.0M
$70.0M
—
—
Payments on revolving credit facility
($20.0M)
($20.0M)
—
—
Debt issuance costs
$0
—
($1.5M)
($1.5M)
Distributions to noncontrolling interest holders
($4.8M)
($2.0M)
($7.0M)
($5.0M)
Proceeds from restricted stock and other deposits, net
$433.0K
$238.0K
$506.0K
$390.0K
Indirect repurchase of shares for minimum tax withholdings
-4.7M
-3.1M
-18.7M
-18.1M
Repurchase of shares of common stock, including excise taxes as applicable
-71.8M
-28.2M
-100.4M
-60.4M
Dividends paid to shareholders
($98.7M)
($49.4M)
($135.4M)
($90.3M)
Net cash used in financing activities
($129.5M)
($32.5M)
($262.5M)
($174.9M)
Net increase (decrease) in cash and cash equivalents
$67.7M
$79.9M
($137.1M)
($68.4M)
Cash and cash equivalents-beginning of period
$134.7M
$134.7M
$245.2M
$245.2M
Cash and cash equivalents-end of period
$202.4M
$214.6M
$108.2M
$176.8M
Interest paid, net of amounts capitalized
$676.0K
$414.0K
$690.0K
$447.0K
Income taxes paid
$18.1M
$2.0M
$61.8M
$54.9M
Capital expenditures included in current liabilities