EAT

MKT CAP:$6B

Brinker International, Inc.

Market Cap

$6B

Consumer Cyclical·Restaurants·🇺🇸 United States·NYSE

Consumer Cyc.·Restaurants·🇺🇸·NYSE

Stock Price

$158.14+$6.62 (+4.37%)

Apr 17, 2026

Company Details

Brinker International, Inc., together with its subsidiaries, engages in the ownership, development, operation, and franchising of casual dining restaurants in the United States and internationally. The company operates in two segments, Chil...

CEO

Kevin D. Hochman

IPO Date

Jan 6, 1984

Website

brinker.com

Key Metrics TTM

Revenue

$5.7B

+17.9% YoY

Net Income

$454M

EPS (Diluted)

$9.90

Free Cash Flow

$456M

Revenue / Share

$124.20

Gross Margin

46.3%

Operating Margin

10.3%

Net Margin

8.0%

FCF Margin

8.0%

P/S

1.1x

P/E

13.4x

Earnings Reports

Q3 2026

May 5, 2026

PENDING

Q2 2026

Jan 28, 2026

$1.5B+6.9%EPS $2.87

Q1 2026

Oct 29, 2025

$1.3B+18.5%EPS $2.17

FY 2025

Aug 15, 2025

$5.4B+21.9%EPS $8.32

Q4 2025

Aug 15, 2025

$1.5B+21.0%EPS $2.30

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 22	$980M	$137M	$49M
Q4 22	$1.0B	$136M	$45M
Q1 23	$956M	$67M	-$20M
Q2 23	$1.0B	$127M	$41M
Q3 23	$1.1B	$154M	$64M
Q4 23	$1.1B	$153M	$59M
Q1 24	$1.0B	$115M	$24M
Q2 24	$1.1B	$150M	$62M
Q3 24	$1.1B	$169M	$70M
Q4 24	$1.2B	$194M	$73M
Q1 25	$1.1B	$163M	$56M
Q2 25	$1.4B	$269M	$156M
Q3 25	$1.4B	$279M	$157M
Q4 25	$1.5B	$271M	$143M
Q1 26	$1.3B	$1.0B	$118M
Q2 26	$1.5B	$1.1B	$168M

Valuation

Quarter	P/S	P/E
Q3 22	1.6x	40.0x
Q4 22	1.6x	51.8x
Q1 23	1.6x	82.1x
Q2 23	1.5x	81.8x
Q3 23	1.5x	68.8x
Q4 23	1.5x	59.4x
Q1 24	1.5x	43.5x
Q2 24	1.4x	39.5x
Q3 24	1.4x	40.0x
Q4 24	1.4x	39.2x
Q1 25	1.3x	32.7x
Q2 25	1.3x	23.2x
Q3 25	1.2x	18.3x
Q4 25	1.1x	15.9x
Q1 26	1.1x	13.7x
Q2 26	1.1x	13.4x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 22	$104M	$69M
Q4 22	$41M	-$700.0K
Q1 23	$25M	-$22M
Q2 23	$43M	-$5M
Q3 23	$133M	$92M
Q4 23	$56M	$7M
Q1 24	$59M	$12M
Q2 24	$91M	$49M
Q3 24	$130M	$79M
Q4 24	$142M	$84M
Q1 25	$63M	$6M
Q2 25	$218M	$169M
Q3 25	$212M	$132M
Q4 25	$186M	$106M
Q1 26	$121M	$62M
Q2 26	$219M	$155M

Capital Expenditures

Quarter	CapEx
Q3 22	$35M
Q4 22	$41M
Q1 23	$47M
Q2 23	$49M
Q3 23	$41M
Q4 23	$48M
Q1 24	$47M
Q2 24	$43M
Q3 24	$51M
Q4 24	$58M
Q1 25	$57M
Q2 25	$49M
Q3 25	$80M
Q4 25	$80M
Q1 26	$59M
Q2 26	$64M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 22	+18.3%	+19.9%
Q4 22	+1.3%	+7.6%
Q1 23	+9.0%	+14.6%
Q2 23	+10.1%	+10.4%
Q3 23	+10.5%	+9.5%
Q4 23	+5.3%	+4.0%
Q1 24	+6.0%	+1.3%
Q2 24	+5.4%	+3.4%
Q3 24	+3.4%	+3.1%
Q4 24	+12.3%	+11.7%
Q1 25	+12.5%	+9.5%
Q2 25	+26.5%	+18.8%
Q3 25	+27.2%	+20.7%
Q4 25	+21.0%	+16.2%
Q1 26	+18.5%	+13.7%
Q2 26	+6.9%	+6.8%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 22	$5M	0.5%
Q4 22	$3M	—
Q1 23	$5M	0.5%
Q2 23	$1M	0.1%
Q3 23	$4M	0.4%
Q4 23	$4M	—
Q1 24	$6M	0.6%
Q2 24	$4M	0.4%
Q3 24	$6M	0.6%
Q4 24	$9M	0.8%
Q1 25	$7M	0.6%
Q2 25	$7M	0.5%
Q3 25	$9M	0.6%
Q4 25	$8M	0.6%
Q1 26	$8M	0.6%
Q2 26	$8M	0.6%

OpEx Breakdown

Quarter	G&A	S&M
Q3 22	$39M	—
Q4 22	$35M	—
Q1 23	$40M	—
Q2 23	$36M	—
Q3 23	$41M	—
Q4 23	$39M	—
Q1 24	$42M	—
Q2 24	$43M	—
Q3 24	$46M	$300.0K
Q4 24	$52M	—
Q1 25	$52M	—
Q2 25	$53M	—
Q3 25	$58M	—
Q4 25	$59M	—
Q1 26	$57M	—
Q2 26	$60M	—

Revenue Segments

Quarter	Company sales	Franchise revenues	Chili's Restaurants	Maggiano's Restaurants
Q3 22	$961M	$32M	—	—
Q1 23	$946M	$9M	—	—
Q2 23	$1.0B	$10M	—	—
Q3 23	$1.1B	$10M	—	—
Q1 24	$1.0B	$11M	—	—
Q2 24	$1.1B	$10M	—	—
Q3 24	$1.1B	$11M	—	—
Q1 25	$1.1B	$12M	—	—
Q2 25	$1.3B	$12M	—	—
Q3 25	$1.4B	$12M	—	—
Q1 26	—	—	$1.2B	$100M
Q2 26	—	—	$1.3B	$135M

War Chest

Quarter	Cash	Short-term Investments	Total
Q3 22	$13M	$0	$13M
Q4 22	$14M	$0	$14M
Q1 23	$20M	$0	$20M
Q2 23	$15M	$0	$15M
Q3 23	$14M	$0	$14M
Q4 23	$15M	$0	$15M
Q1 24	$14M	$0	$14M
Q2 24	$23M	$0	$23M
Q3 24	$16M	$0	$16M
Q4 24	$65M	$0	$65M
Q1 25	$16M	$0	$16M
Q2 25	$15M	$0	$15M
Q3 25	$18M	$0	$18M
Q4 25	$19M	$0	$19M
Q1 26	$34M	$0	$34M
Q2 26	$15M	$0	$15M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 22	45M	-1.7%	-3.4%
Q4 22	45M	-1.1%	-6.3%
Q1 23	44M	-1.6%	-6.6%
Q2 23	45M	+2.1%	-2.4%
Q3 23	45M	+0.7%	0.0%
Q4 23	45M	+0.4%	+1.6%
Q1 24	45M	+0.2%	+3.4%
Q2 24	45M	-1.1%	+0.2%
Q3 24	45M	+0.7%	+0.2%
Q4 24	46M	+2.4%	+2.2%
Q1 25	46M	-0.9%	+1.1%
Q2 25	46M	-0.9%	+1.3%
Q3 25	46M	+2.0%	+2.7%
Q4 25	47M	+0.2%	+0.4%
Q1 26	46M	-1.5%	-0.2%
Q2 26	46M	0.0%	+0.7%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 22	$16.5K	59K
Q4 22	$16.5K	62K
Q1 23	$15.4K	62K
Q2 23	$16.4K	62K
Q3 23	$17.5K	62K
Q4 23	$16.7K	64K
Q1 24	$15.7K	64K
Q2 24	$16.7K	64K
Q3 24	$17.4K	64K
Q4 24	$17.5K	69K
Q1 25	$16.5K	69K
Q2 25	$19.7K	69K
Q3 25	$20.7K	69K
Q4 25	$17.4K	84K
Q1 26	$16.1K	84K
Q2 26	$17.3K	84K

Revenue / Employee