Noodles & Company Q4 net loss narrows to $6.8M; comparable sales +6.6%, adjusted EBITDA rises to $7.6M

NOODLES & Co

Q4 total revenue $122.8M (+0.8% YoY); net loss $6.8M ($1.16 loss per share) vs $9.7M loss a year ago.
System-wide comparable restaurant sales +6.6% (co-owned +7.3%, franchise +3.8%).
Adjusted EBITDA improved to $7.6M in Q4 from $4.0M; full-year adjusted EBITDA $22.5M vs $23.6M.
FY 2025 net loss $42.6M ($7.36 per share) vs $36.2M loss; revenue $495.1M vs $493.3M.
Ended 2025 with 423 restaurants; net closure of 31 units (2 opened, 33 closed). First quarter 2026 comp sales +9% to date.

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