CAVA Group, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $1.18B | $963.7M | $728.7M | $564.1M | $500.1M |
| Cost of Revenue | — | — | — | — | — |
| Gross Profit | — | — | $180.3M | $98.0M | $82.2M |
| Gross Margin | — | — | 24.7% | 17.4% | 16.4% |
| Operating Expenses | |||||
| Research & Development | — | — | — | — | — |
| SG&A Expense | $137.5M | $120.5M | $101.5M | $70.0M | $64.8M |
| Operating Income | $55.3M | $43.1M | $4.7M | $-59.8M | $-52.8M |
| Operating Margin | 4.7% | 4.5% | 0.6% | -10.6% | -10.5% |
| Interest Expense | — | — | — | — | — |
| Pretax Income | $70.8M | $59.9M | $14.0M | $-58.9M | $-37.3M |
| Income Tax Expense | $7.1M | $-70.4M | $768.0K | $93.0K | $117.0K |
| Net Income | $63.7M | $130.3M | $13.3M | $-59.0M | $-37.4M |
| Net Margin | 5.4% | 13.5% | 1.8% | -10.5% | -7.5% |
| EPS (Basic) | $0.55 | $1.14 | $0.22 | $-0.93 | $-1.06 |
| EPS (Diluted) | $0.54 | $1.10 | $0.21 | $-0.93 | $-1.06 |
| Shares Outstanding (Basic) | 115.8M | 114.3M | 60.5M | 63.7M | 35.1M |
| Shares Outstanding (Diluted) | 118.3M | 118.3M | 63.4M | 63.7M | 35.1M |
| Dividends Per Share | — | — | — | — | — |