Darden Restaurants Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $13.21B | $12.08B | $11.39B | $10.49B | $9.63B | $7.20B | $7.81B | $8.51B |
| Olive Garden | $5.60B | $5.21B | $5.07B | $4.88B | $4.50B | $3.59B | $4.01B | $4.29B |
| LongHorn Steakhouse | $3.42B | $3.03B | $2.81B | $2.61B | $2.37B | $1.81B | $1.70B | $1.81B |
| Red Lobster | — | — | — | — | — | — | — | — |
| Specialty Restaurant Group | — | — | — | — | — | — | — | — |
| Fine Dining | $1.38B | $1.31B | $1.29B | $831.0M | $776.0M | $443.0M | $541.0M | $606.0M |
| Other Business | $2.82B | $2.53B | $2.23B | $2.17B | $1.98B | $1.35B | $1.55B | $1.81B |
| Other | — | — | — | — | — | — | — | — |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | $2.68B | $2.47B | $2.29B | $1.99B | $1.90B | $1.40B | $1.17B | $1.59B |
| Gross Margin | 20.3% | 20.5% | 20.1% | 19.0% | 19.7% | 19.5% | 15.0% | 18.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $514.4M | $520.3M | $479.2M | $386.1M | $373.2M | $396.2M | $376.4M | $405.5M |
| Operating Income | $1.58B | $1.36B | $1.31B | $1.20B | $1.16B | $648.7M | $47.9M | $832.5M |
| Operating Margin | 12.0% | 11.3% | 11.5% | 11.5% | 12.1% | 9.0% | 0.6% | 9.8% |
| Interest Expense | — | — | — | $50.2M | $40.9M | $47.5M | $49.3M | $44.3M |
| Pretax Income | $1.39B | $1.19B | $1.18B | $1.12B | $1.09B | $576.5M | $-161.0M | $782.3M |
| Income Tax Expense | $174.9M | $136.2M | $145.0M | $137.0M | $138.8M | $-55.9M | $-111.8M | $63.7M |
| Net Income | $1.21B | $1.05B | $1.03B | $981.9M | $952.8M | $629.3M | $-52.4M | $713.4M |
| Net Margin | 9.1% | 8.7% | 9.0% | 9.4% | 9.9% | 8.7% | -0.7% | 8.4% |
| EPS (Basic) | $10.45 | $8.93 | $8.57 | $8.06 | $7.46 | $4.83 | $-0.43 | $5.78 |
| EPS (Diluted) | $10.38 | $8.86 | $8.51 | $7.99 | $7.39 | $4.77 | $-0.43 | $5.69 |
| Shares Outstanding (Basic) | 115.5M | 117.5M | 119.9M | 121.9M | 127.8M | 130.4M | 122.7M | 123.5M |
| Shares Outstanding (Diluted) | 116.3M | 118.4M | 120.8M | 122.9M | 129.0M | 131.8M | 122.7M | 125.4M |
| Dividends Per Share | $6.00 | $5.60 | $5.24 | $4.84 | $4.40 | $1.55 | $2.64 | $3.00 |