
Nathan's Famous, Inc.
Consumer CyclicalNASDAQ:NATH · NASDAQ Global Select
+$0.36 today
Vol 0.03M · Avg 0.02M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$162.1M of revenue converted into $20.0M of net income for the selected period. Gross margin is 29.7% and net margin is 11.8%, showing how much revenue survives after costs and taxes. EPS is $4.85, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $162.1M +9.4% | $148.2M +6.9% | $138.6M +6.0% | $130.8M +13.8% | $114.9M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $114.1M +18.6% | $96.2M +7.7% | $89.4M +10.1% | $81.1M +14.6% | $70.8M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $48.0M -7.7% | $52.0M +5.5% | $49.3M -0.8% | $49.6M +12.7% | $44.1M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 29.6% -5.5pp | 35.1% -0.5pp | 35.5% -2.4pp | 38.0% -0.4pp | 38.4% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $17.9M +23.2% | $14.5M -6.9% | $15.6M +11.0% | $14.1M +7.0% | $13.1M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $17.9M +15.6% | $15.5M -7.5% | $16.7M +10.2% | $15.2M +7.0% | $14.2M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $925.0K -3.3% | $957.0K -15.7% | $1.1M +0.0% | $1.1M +7.7% | $1.1M | $374.2M | $1.2B | $631.8M |
| EBITDA | $31.0M -18.0% | $37.8M +11.4% | $33.9M -4.9% | $35.7M +20.0% | $29.7M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 19.1% -6.4pp | 25.5% +1.0pp | 24.5% -2.8pp | 27.3% +1.4pp | 25.9% | 5.6% | 46.3% | 42.0% |
| Operating Income | $30.1M -17.5% | $36.5M +12.3% | $32.5M -5.6% | $34.4M +15.3% | $29.9M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 18.6% -6.1pp | 24.6% +1.2pp | 23.5% -2.9pp | 26.3% +0.3pp | 26.0% | 16.6% | 24.1% | 22.0% |
| Interest Income | $780.0K +16.1% | $672.0K +75.5% | $383.0K -13.0% | $440.0K +300.0% | $110.0K | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | -$2.9M -169.6% | $4.1M -23.3% | $5.4M -30.8% | $7.7M -23.6% | $10.1M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$1.9M +48.8% | -$3.7M +26.1% | -$5.1M +33.8% | -$7.6M +32.5% | -$11.3M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $28.2M -14.0% | $32.8M +19.3% | $27.5M +2.4% | $26.8M +44.6% | $18.5M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 17.4% -4.7pp | 22.1% +2.3pp | 19.8% -0.7pp | 20.5% +4.4pp | 16.1% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $8.2M -6.5% | $8.7M +11.5% | $7.8M +9.1% | $7.2M +45.4% | $4.9M | $1.3B | -$1.6B | $745.2M |
| Net Income | $20.0M -16.7% | $24.0M +22.5% | $19.6M -0.0% | $19.6M +44.3% | $13.6M | $4.9B | $4.8B | $4.7B |
| Net Margin | 12.4% -3.9pp | 16.2% +2.1pp | 14.2% -0.9pp | 15.0% +3.2pp | 11.8% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $5 -16.8% | $6 +22.2% | $5 +0.2% | $5 +45.5% | $3 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $5 -17.4% | $6 +22.3% | $5 +0.0% | $5 +45.5% | $3 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $4.1M +0.1% | $4.1M +0.1% | $4.1M -0.2% | $4.1M -0.6% | $4.1M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $4.1M +0.7% | $4.1M +0.2% | $4.1M -0.1% | $4.1M -0.6% | $4.1M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector

Bloomin' Brands, Inc.
NASDAQ:BLMN
$709.74M

Ranpak Holdings Corp.
NYSE:PACK
$624.48M

Karat Packaging Inc.
NASDAQ:KRT
$600.11M

Miller Industries, Inc.
NYSE:MLR
$553.94M
Potbelly Corporation
PBPB
$517.98M

Monro, Inc.
NASDAQ:MNRO
$478.90M

El Pollo Loco Holdings, Inc.
NASDAQ:LOCO
$476.32M

Dine Brands Global, Inc.
NYSE:DIN
$431.80M

Portillo's Inc.
NASDAQ:PTLO
$321.37M
Venu Holding Corporation
AMEX:VENU
$146.22M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does NATH generate?
Nathan's Famous, Inc. (NATH) reported $162.06M of revenue in fiscal 2025.
Is NATH profitable?
Nathan's Famous, Inc. (NATH) reported $20.02M of net income, with a net margin of 12.4%.
Explore More
Continue the stock analysis
Jump to another research area for this company.