CAVA Q4 revenue up 21.2% to $272.8 million; net income falls to $4.9 million
CAVA Group reported fiscal fourth-quarter 2025 revenue of $272.8 million, up 21.2%, and net income of $4.9 million, down from $78.6 million a year earlier. That prior-year figure included an $80.1 million tax benefit from releasing a valuation allowance, and adjusted net income fell to $4.9 million from $6.5 million, while adjusted EBITDA rose 2.6% to $25.8 million. The company also gave fiscal 2026 guidance for adjusted EBITDA of $176.0 million to $184.0 million.
Key points
- Q4 2025 CAVA revenue rose 21.2% to $272.8 million; same restaurant sales increased 0.5%.
- Q4 2025 CAVA restaurant-level profit margin was 21.4%, down 100 basis points from 22.4% a year earlier.
- Full-year 2025 revenue was $1,169.3 million, up 22.5%; adjusted net income rose 26.9% to $63.7 million.
- Fiscal 2026 guidance includes adjusted EBITDA of $176.0 million to $184.0 million and same restaurant sales growth of 3.0% to 5.0%.
The filing
Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 24, 2026.
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