ARKR earnings analysis
What we found in ARKR's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Ark Restaurants reported Q3 2026 revenue of $40.881 million and diluted EPS of negative $0.10. Revenue improved sequentially from $37 million but declined from $44 million a year earlier, while the quarterly loss narrowed versus both the prior quarter and prior year. The filing provided no numeric forward guidance, and the Bryant Park lease dispute remains the most material disclosed risk.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Sequential revenue recovery, annual decline
- Revenue was $40.881 million, up approximately 10.5% sequentially from $37 million in Q2 2026 but down approximately 7.1% from $44 million in Q3 2025.
- Quarterly loss narrowed
- Diluted EPS was a loss of $0.10, an improvement of $0.40 from the $0.50 loss in Q2 2026 and $0.86 from the $0.96 loss in Q3 2025.
- Disclosure controls remain effective
- Management concluded that disclosure controls were effective as of June 27, 2026, and reported no changes in internal control that materially affected, or were reasonably likely to materially affect, financial reporting during the quarter.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Bryant Park lease and ejectment risk
- The Bryant Park lease dispute and potential ejectment remain material legal risks; the stay was expected to expire on October 16, 2026, according to the prior filing analysis.
- Annual revenue contraction
- Revenue declined approximately 7.1% year over year to $40.881 million from $44 million, indicating continued pressure on operating performance despite the diluted EPS loss narrowing to $0.10 from $0.96.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $-0.1
What they said about what is next.
No numeric forward guidance or change to prior outlook was provided in the filing; the prior 8-K also stated that no forward guidance was provided.
The filing reads about the same as the one before it.
What came before.
- 10-Q · May 12, 2026
- Ark Restaurants' Q2 2026 results reflected a revenue decline of 7.8% year-over-year to $36.584 million and an EPS of -$0.50, falling short of market expectations. Legal disputes surrounding lease agreements and…
- 10-K · December 18, 2025
- Ark Restaurants reported FY2025 revenue of $165,751,000, a 9.7% decline versus FY2024 ($183,545,000), and a consolidated net loss of $9,163,000 (net loss attributable to Ark Restaurants Corp. $11,466,000). The year…
- 10-Q · February 11, 2025
- Ark Restaurants reported 13-week revenue of $44,988,000, down 5.3% versus the prior year, while GAAP operating income rose to $5,689,000 (a 254.9% increase) largely due to a $5,235,000 gain on termination of the Tampa…
- 10-K · December 19, 2024
- Ark Restaurants reported FY2024 revenue of $183.5M, down 0.7% year‑over‑year, with a GAAP operating loss of $4.294M (includes $4.0M goodwill impairment and $2.5M asset impairments). The company generated positive free…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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