CAVA (CAVA Group, Inc.) Stock Financials & Earnings | Market Cap Arena

CAVA (CAVA Group, Inc.) Stock Financials & Earnings | Market Cap Arena

CAVACAVA Group, Inc.

Mkt Cap$9B

Consumer Cyclical·Restaurants·🇺🇸 United States·NYSE

Revenue (TTM)$1.2B

Net Income (TTM)$64M

EPS (TTM)$0.54

Free Cash Flow (TTM)$26M

Gross Margin18.4%

Op. Margin6.7%

Net Margin5.4%

FCF Margin2.2%

P/S Ratio (TTM)8.0x

P/E Ratio (TTM)148.5x

YoY Rev Growth+22.4%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$203M	$51M	-$2M
Q2 23	$173M	$45M	$6M
Q3 23	$176M	$44M	$3M
Q4 23	$177M	$40M	-$2M
Q1 24	$259M	$65M	$9M
Q2 24	$233M	$62M	$16M
Q3 24	$244M	$63M	$14M
Q4 24	$227M	$51M	$4M
Q1 25	$332M	$63M	$22M
Q2 25	$281M	$58M	$26M
Q3 25	$292M	$55M	$23M
Q4 25	$275M	$41M	$8M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	15.6x	—
Q2 23	14.7x	—
Q3 23	13.9x	—
Q4 23	13.0x	712.7x
Q1 24	12.1x	321.8x
Q2 24	11.2x	222.1x
Q3 24	10.4x	176.1x
Q4 24	9.8x	72.6x
Q1 25	9.1x	66.6x
Q2 25	8.7x	67.3x
Q3 25	8.4x	68.9x
Q4 25	8.0x	148.5x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$26M	-$13M
Q2 23	$21M	-$12M
Q3 23	$26M	-$9M
Q4 23	$24M	-$7M
Q1 24	$38M	$5M
Q2 24	$49M	$23M
Q3 24	$44M	$23M
Q4 24	$30M	$2M
Q1 25	$39M	$3M
Q2 25	$60M	$19M
Q3 25	$46M	$1M
Q4 25	$40M	$3M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$39M
Q2 23	$33M
Q3 23	$35M
Q4 23	$31M
Q1 24	$34M
Q2 24	$26M
Q3 24	$21M
Q4 24	$28M
Q1 25	$36M
Q2 25	$41M
Q3 25	$44M
Q4 25	$37M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+27.7%	+14.8%
Q2 23	+27.2%	+15.9%
Q3 23	+26.1%	+14.0%
Q4 23	+36.4%	+19.8%
Q1 24	+27.5%	+21.6%
Q2 24	+35.1%	+30.0%
Q3 24	+38.9%	+33.2%
Q4 24	+28.3%	+25.0%
Q1 25	+28.1%	+24.1%
Q2 25	+20.2%	+17.2%
Q3 25	+19.9%	+16.9%
Q4 25	+20.9%	+19.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$928K	0.5%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$4M	1.5%
Q2 24	$3M	1.3%
Q3 24	$3M	1.2%
Q4 24	$4M	1.6%
Q1 25	$4M	1.4%
Q2 25	$4M	1.4%
Q3 25	$3M	1.1%
Q4 25	$3M	1.3%

OpEx Breakdown

Quarter	G&A
Q1 23	$29M
Q2 23	$23M
Q3 23	$24M
Q4 23	$25M
Q1 24	$34M
Q2 24	$28M
Q3 24	$30M
Q4 24	$29M
Q1 25	$41M
Q2 25	$32M
Q3 25	$31M
Q4 25	$33M

Revenue Segments

Quarter	Restaurant Revenue
Q2 24	$231M
Q3 24	$241M
Q1 25	$328M
Q2 25	$278M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$23M	$0	$23M
Q2 23	$353M	$0	$353M
Q3 23	$340M	$0	$340M
Q4 23	$332M	$0	$332M
Q1 24	$329M	$0	$329M
Q2 24	$344M	$0	$344M
Q3 24	$367M	$0	$367M
Q4 24	$366M	$0	$366M
Q1 25	$289M	$80M	$369M
Q2 25	$290M	$96M	$386M
Q3 25	$285M	$103M	$388M
Q4 25	$283M	$0	$283M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	2M	+20.2%
Q2 23	31M	+1799.1%
Q3 23	47M	+51.4%
Q4 23	117M	+147.6%
Q1 24	118M	+0.6%
Q2 24	118M	+0.3%
Q3 24	118M	+0.1%
Q4 24	119M	+0.1%
Q1 25	118M	-0.1%
Q2 25	118M	-0.1%
Q3 25	118M	-0.1%
Q4 25	118M	-0.2%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 21	—	—
FY 22	—	—
FY 23	—	—
FY 24	$94K	10K
FY 25	$91K	13K