GTIM earnings analysis
What we found in GTIM'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
Good Times Restaurants reported Q2 2026 results with revenues of $33.2 million, a decrease of 3.1% year-over-year. Despite the revenue decline, net income improved to $159,000 from a net loss of $627,000 in the same quarter last year, reflecting operational efficiency gains. The company refrained from providing specific forward guidance, citing uncertainties in the operational environment.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Revenue Decreased Year-over-Year
- Net revenues for Q2 2026 decreased by $1.05 million or 3.1% to $33.2 million compared to $34.3 million for Q2 2025.
- Net Income Turnaround
- Net income for Q2 2026 was $159,000, compared to a net loss of $627,000 for the same quarter last year.
- Same Store Sales Steady
- Same store sales for Bad Daddy’s and Good Times both decreased 0.8% in Q2 2026 compared to the same period last year.
- Cost Management Improvements
- Food and packaging costs as a percentage of sales decreased to 29.7%, down from 30.7% in the same prior-year quarter.
- Operational Efficiency Gains
- Income from operations improved to $172,000 in Q2 2026 compared to a loss of $514,000 in Q2 2025.
- Reduced General and Administrative Costs
- General and administrative costs declined to $2.2 million, down from $2.6 million in Q2 2025.
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.
- Continuing Revenue Decline
- Revenues have decreased consistently, with Q2 2026 showing a 3.1% decline year-over-year.
- Increased Competitive Pressures
- The company competes with well-established competitors who have greater resources and marketing power, which pressures profitability.
- Operational Uncertainty
- Management did not provide specific forward guidance, citing ongoing uncertainties that may affect operations and performance.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.01
- Segment
- Bad Daddy's: $23.9M
- Segment
- Good Times: $9.2M
What they said about what is next.
No forward guidance provided.
The filing reads about the same as the one before it.
What came before.
- 10-Q · February 5, 2026
- Good Times Restaurants Inc. reported a significant decline in revenues to $32.7 million for Q4 2025, down 10% from $36.3 million in the prior year, with an EPS of $0.00. While gross margin held moderately stable at…
- 10-K · December 29, 2025
- Good Times Restaurants Inc. reported a slight decline in revenues, registering $141.63 million for fiscal 2025, a decrease of 0.5% compared to $142.38 million in fiscal 2024. Despite challenges, the company showed…
- 10-Q · August 7, 2025
- Good Times Restaurants Inc.'s Q3 2025 results showed a slight decline in revenues, down to $37.0 million from $38.0 million in Q3 2024. Despite the decrease in top line, net income improved to $1.5 million, supported by…
- 10-Q · May 8, 2025
- Good Times Restaurants Inc. reported a 3.3% decline in revenue for Q2 2025, totaling $34.3 million, compared to $35.4 million in Q2 2024. The company experienced a net loss of $627,000, a significant downturn from a net…
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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