RICK (RCI Hospitality Holdings, Inc.) Stock Financials & Earnings

RICKRCI Hospitality Holdings, Inc.

Mkt Cap$195M

Consumer Cyclical·Restaurants·🇺🇸 United States·NASDAQ

Revenue (TTM)$282M

Net Income (TTM)$17M

EPS (TTM)$1.86

Free Cash Flow (TTM)$34M

Gross Margin57.4%

Op. Margin12.2%

Net Margin5.9%

FCF Margin11.9%

P/S Ratio (TTM)0.7x

P/E Ratio (TTM)11.8x

YoY Rev Growth-5.3%

Employees—

Earnings Reports

▶Q3 2025

Next: Q4 2025 · Mar 16

RCI Hospitality Holdings, Inc., through its subsidiaries, engages in the hospitality and related businesses in the United States. The company operates through Nightclubs, Bombshells, and Other segment...

CEO Travis ReeseIPO Oct 13, 1995www.rcihospitality.com

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q4 22	$71M	$44M	$18M
Q1 23	$70M	$42M	$17M
Q2 23	$72M	$43M	$13M
Q3 23	$77M	$46M	$16M
Q4 23	$75M	$44M	$6M
Q1 24	$74M	$42M	$13M
Q2 24	$72M	$41M	$5M
Q3 24	$76M	$45M	-$3M
Q4 24	$73M	$42M	$4M
Q1 25	$71M	$41M	$14M
Q2 25	$66M	$37M	$8M
Q3 25	$71M	$41M	$9M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q4 22	2.3x	13.3x
Q1 23	3.1x	18.5x
Q2 23	2.6x	17.2x
Q3 23	2.5x	19.1x
Q4 23	1.9x	19.0x
Q1 24	2.0x	22.9x
Q2 24	1.8x	27.6x
Q3 24	1.3x	78.0x
Q4 24	1.4x	137.3x
Q1 25	1.8x	107.9x
Q2 25	1.3x	52.7x
Q3 25	1.2x	20.4x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 22	$18M	$11M
Q1 23	$15M	$2M
Q2 23	$17M	$7M
Q3 23	$15M	$6M
Q4 23	$12M	$2M
Q1 24	$14M	$8M
Q2 24	$11M	$3M
Q3 24	$16M	$9M
Q4 24	$16M	$10M
Q1 25	$13M	$8M
Q2 25	$9M	$6M
Q3 25	$14M	$10M

Capital Expenditures

CapEx

Quarter	CapEx
Q4 22	$7M
Q1 23	$13M
Q2 23	$10M
Q3 23	$9M
Q4 23	$10M
Q1 24	$5M
Q2 24	$8M
Q3 24	$6M
Q4 24	$5M
Q1 25	$6M
Q2 25	$3M
Q3 25	$4M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 22	+29.9%	+4.1%
Q1 23	+13.2%	+15.6%
Q2 23	+12.3%	+24.6%
Q3 23	+9.0%	+22.6%
Q4 23	+5.4%	+30.3%
Q1 24	+5.6%	+14.5%
Q2 24	+1.1%	+16.4%
Q3 24	-1.1%	+27.9%
Q4 24	-2.7%	+0.2%
Q1 25	-3.3%	-5.2%
Q2 25	-8.9%	-14.7%
Q3 25	-6.6%	-20.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 22	$0	0.0%
Q1 23	$941K	1.3%
Q2 23	$706K	1.0%
Q3 23	$470K	0.6%
Q4 23	$471K	0.6%
Q1 24	$470K	0.6%
Q2 24	$471K	0.7%
Q3 24	$471K	0.6%
Q4 24	$470K	0.6%
Q1 25	$470K	0.7%
Q2 25	$118K	0.2%
Q3 25	$392K	0.6%

OpEx Breakdown

Quarter	G&A	S&M
Q4 22	$16M	$3M
Q1 23	$16M	$3M
Q2 23	$15M	$3M
Q3 23	$16M	$3M
Q4 23	$16M	$3M
Q1 24	$17M	$3M
Q2 24	$17M	$3M
Q3 24	$16M	$3M
Q4 24	$17M	$3M
Q1 25	$18M	$3M
Q2 25	$16M	$3M
Q3 25	$19M	$3M

Revenue Segments

Quarter	Alcoholic Beverages	Food and Merchandise	Franchise Fees And Other	Service	Sales of Alcoholic Beverages
Q1 24	$33M	$11M	$5M	$25M	—
Q2 24	$33M	$11M	$5M	$24M	—
Q3 24	—	$12M	$5M	$25M	$34M
Q1 25	$32M	$10M	$5M	$24M	—
Q2 25	$29M	$9M	$5M	$23M	—
Q3 25	$31M	$10M	$5M	$25M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 22	$36M	$0	$36M
Q1 23	$34M	$0	$34M
Q2 23	$23M	$0	$23M
Q3 23	$24M	$0	$24M
Q4 23	$21M	$0	$21M
Q1 24	$21M	$0	$21M
Q2 24	$20M	$0	$20M
Q3 24	$35M	$0	$35M
Q4 24	$32M	$0	$32M
Q1 25	$35M	$0	$35M
Q2 25	$33M	$0	$33M
Q3 25	$29M	$0	$29M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q4 22	9M	-1.5%
Q1 23	9M	-0.2%
Q2 23	9M	+0.4%
Q3 23	9M	+1.8%
Q4 23	9M	-0.1%
Q1 24	9M	-0.5%
Q2 24	9M	-0.2%
Q3 24	9M	-0.8%
Q4 24	9M	-0.3%
Q1 25	9M	-3.6%
Q2 25	9M	-0.7%
Q3 25	9M	-0.8%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 13	$64K	2K
FY 14	$69K	2K
FY 15	$63K	2K
FY 16	$67K	2K
FY 17	$68K	2K
FY 18	$81K	2K
FY 19	$82K	2K
FY 20	$64K	2K
FY 21	$77K	3K
FY 22	$83K	3K
FY 23	$78K	4K
FY 24	$82K	4K