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NDLS

NOODLES & Co

Ticker NDLSBROOMFIELD, COFiscal year ends DecemberBook value per share $-8.66Diluted shares 5.9M

Noodles & Company (Nasdaq: NDLS) is a fast-casual restaurant chain serving lunch and dinner, with a menu of about 20 globally inspired, customizable, cooked-to-order dishes, including noodles and pasta, salads, soups and appetizers. Customers can dine in, order for pickup or delivery, or use the company’s mobile app,… From the company’s description.

Over the twelve months to Jun 30, 2026, NOODLES & Co reported revenue of $495.69M, up 0.2% from a year earlier, and a net loss of $23.33M. Its operating margin was −2.6%, and operations generated $13.42M in cash. In fiscal 2025, it reported revenue of $495.09M, up 0.4% from fiscal 2024, and a net loss of $42.57M.

Fiscal year 2025 · ends 12-29Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$495.09MFY2025
+0.4% year over year
Last 12 mo $495.69M
-6.38%FY2025
−0.7 percentage points
Last 12 mo -2.58%
$-42.57MFY2025
−17.5% year over year
Last 12 mo $-23.33M
36.08%FY2025
−250.3 percentage points
Last 12 mo 7.42%
Cash & financing
$7.28MFY2025
−3.7% year over year
Last 12 mo $13.42M
$-5.11MFY2025
+75.9% year over year
Last 12 mo $3.76M
-2.40FY2025
Was -18.06× a year earlier
Last 12 mo -2.05
5.8MFY2025
−87.3% year over year
Last 12 mo 5.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What NOODLES & Co does

In the company’s own words

Noodles & Company (Nasdaq: NDLS) is a fast-casual restaurant chain serving lunch and dinner, with a menu of about 20 globally inspired, customizable, cooked-to-order dishes, including noodles and pasta, salads, soups and appetizers. Customers can dine in, order for pickup or delivery, or use the company’s mobile app, website and third-party delivery services; digital ordering accounted for approximately 59% of sales in 2025. The company operates as a single accounting segment and serves customers through company-owned and franchised restaurants. At December 30, 2025, it had 423 locations in 31 states, including 340 company-owned restaurants and 83 franchised locations, and approximately 6,500 employees. Its Noodles Rewards program had more than 7 million members. The company was organized in 2002 and prepares fresh vegetables and nine noodle varieties in its restaurants. Its website is www.noodles.com.

Company details
Sector
Consumer Discretionary
Industry (SIC)
Restaurants
Headquarters
BROOMFIELD, CO
Fiscal year end
December
CIK
1275158
SIC
5812

Financial performance, year by year

Fiscal 2013–2025 · USD
$-129.79M$44.55M$218.90M$393.25M$567.60M2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns NOODLES & Co — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

12
funds hold it
0 of 35
superinvestors hold it
$4.11M
held by funds, at market
4.7%
of shares held by funds

Largest fund holders · NOODLES & Co’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
—of fund net assets
iShares Micro-Cap ETF
IWC · iShares Trust
0.01%of fund net assets
Ultra-Small Company Market Fund
BRSIX · Bridgeway Funds, Inc.
0.07%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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