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…
Earnings analysis · 10-Q
ARKR earnings analysis
Filed August 11, 2026 · Our reading of the company's report
The latest report
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…
Read full summary
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.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $-0.1
What stood out
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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.
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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.
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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.
What to watch
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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.
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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.
Management's outlook
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.
Earlier filings 4
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 itself. Analysis can contain errors; check the source document for full context.