---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-009638"
form_type: "8-K"
ticker: "FATAQ"
cik: "0001705012"
company_name: "Fat Brands, Inc"
filed_at: "2024-03-07T23:59:59+00:00"
generated_at: "2026-06-05T01:40:10.191744+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FAT Brands Q4 revenue up 52.8% to $158.6M; net loss narrows to $26.2M

## Summary
- Total revenue $158.6M (Q4 2023), up 52.8% YoY; full-year revenue $480.5M, up 18%.
- Q4 net loss $26.2M ($1.68/diluted share) vs $70.8M a year ago; adjusted net loss $17.3M.
- Adjusted EBITDA $27.0M in Q4 vs $19.6M; full-year $91.2M vs $88.8M.
- Opened 125 restaurants in 2023 (29 in Q4); development pipeline 1,100 units.
- System-wide same-store sales -0.6% in Q4; +0.8% for full year.

## SEC filing metadata
- accession: 0001628280-24-009638
- form_type: 8-K
- ticker: FATAQ
- cik: 0001705012
- company_name: Fat Brands, Inc
- filed_at: 2024-03-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1705012/000162828024009638/0001628280-24-009638-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1705012/000162828024009638/fat-20240307.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-009638
- JSON: https://secwatch.observer/filing/0001628280-24-009638.json
- Plain text: https://secwatch.observer/filing/0001628280-24-009638.txt

## Key facts
- Earnings Releases
  Fat Brands, Inc reported the fourteen-week and fifty-three week periods ended December 31, 2023 results: revenue $158.6 million, net income Net loss of $26.2 million, or $1.68 per diluted share.
  - Period: the fourteen-week and fifty-three week periods ended December 31, 2023
  - Revenue: $158.6 million
  - Net income: Net loss of $26.2 million, or $1.68 per diluted share
  - Result: reported results
  source text: strengths position us for continued growth in the future, which will help deleverage our balance sheet.” Fiscal Fourth Quarter 2023 Highlights • Total revenue improved 52.8% to $158.6 million compared to $103.8 million in the fourth quarter of 2022 ◦ System-wide sales growth of 16.5% in the fiscal fourth quarter of 2023 compared to the prior year fiscal quarter ◦
  evidence_url: https://www.sec.gov/Archives/edgar/data/1705012/000162828024009638/0001628280-24-009638-index.htm
- Earnings Releases
  Fat Brands, Inc reported fiscal year ended December 31, 2023 results: revenue $480.5 million, net income Net loss of $90.1 million, or $5.85 per diluted share.
  - Period: fiscal year ended December 31, 2023
  - Revenue: $480.5 million
  - Net income: Net loss of $90.1 million, or $5.85 per diluted share
  - Result: reported results
  source text: Total revenue increased 18.0% to $480.5 million compared to $407.2 million in fiscal 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1705012/000162828024009638/0001628280-24-009638-index.htm
- Earnings Releases
  Fat Brands, Inc reported fiscal fourth quarter 2023 results: revenue $158.6 million, net income Net loss of $26.2 million, or $1.68 per diluted share.
  - Period: fiscal fourth quarter 2023
  - Revenue: $158.6 million
  - Net income: Net loss of $26.2 million, or $1.68 per diluted share
  - Result: reported results
  source text: total revenue improved 52.8% to $158.6 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1705012/000162828024009638/0001628280-24-009638-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.