10-Q · May 6, 2026
The ONE Group Hospitality, Inc. reported Q1 2026 revenues of $212.8 million, slightly below the estimate of $217.8 million. The company experienced a diluted EPS loss of $0.20, significantly missing the expected profit…
Earnings analysis · 10-Q
STKS earnings analysis
Filed August 7, 2026 · Our reading of the company's report
The latest report
The quarter showed weaker operating momentum, with revenue of $200.477 million declining versus both the prior quarter and prior-year quarter. Diluted EPS was a $0.379 loss, materially worse sequentially, although still…
Read full summary
The quarter showed weaker operating momentum, with revenue of $200.477 million declining versus both the prior quarter and prior-year quarter. Diluted EPS was a $0.379 loss, materially worse sequentially, although still improved from the prior-year loss of approximately $0.59. The provided filing excerpt does not include gross margin, operating margin, segment, balance-sheet, cash-flow or free-cash-flow data, and provides no new quantitative guidance. A new risk factor addresses geopolitical instability and armed conflict involving Iran.
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
- $-0.379
What stood out
-
Revenue Declined Sequentially and YoY
Second-quarter revenue was $200.477 million, down from approximately $213 million in the prior quarter and approximately $207 million in the prior-year quarter, indicating sequential and year-over-year contraction.
-
EPS Worsened Sequentially
Diluted EPS was a loss of $0.379, weaker than the approximately $0.20 loss in the prior quarter but better than the approximately $0.59 loss in the prior-year quarter.
-
Disclosure Controls Remain Effective
Management concluded that disclosure controls and procedures were effective as of June 28, 2026, and reported no changes during the quarter that materially affected, or were reasonably likely to materially affect, internal controls.
-
Labor Litigation Remains a Risk
The company states that claims common to the industry, including labor-law class actions, could require significant management attention and financial resources; it says that one or more successful claims could materially and adversely affect results.
What to watch
-
New Iran Geopolitical Risk
The filing added a risk concerning geopolitical instability and armed conflict involving Iran, including potential disruption to energy markets, transportation routes, supply chains and consumer confidence. The risk applies to the quarter ended June 28, 2026 and could increase operating costs or reduce demand.
-
Top-Line Contraction
Revenue of $200.477 million declined from approximately $213 million in the prior quarter and approximately $207 million a year earlier, signaling weaker top-line momentum.
-
Sequential Earnings Deterioration
The company reported diluted EPS of negative $0.379, a deterioration from the approximately negative $0.20 reported in the prior quarter, indicating renewed sequential earnings pressure.
-
Uncertain Labor-Claim Exposure
The filing states that litigation outcomes are inherently uncertain and that one or more successful claims could result in liabilities greater than currently anticipated, materially affecting the consolidated financial statements.
Management's outlook
The provided 10-Q excerpt contains no quantitative revenue or EPS outlook. Prior outlook information was provided in the earlier 8-K, not this filing.
Earlier filings 4
10-Q · May 7, 2025
The ONE Group reported total revenues of $211,129 (in thousands) for the quarter ended March 30, 2025, up from $84,995 in the prior-year quarter, driven primarily by owned restaurant revenue and the Benihana…
10-Q · August 10, 2021
Q2 2021 showed a clear operational recovery: total revenues were $70,760,000 (Q2 2021) vs $16,664,000 (Q2 2020) and the company reported net income attributable to the company of $13,836,000 (diluted EPS $0.41) versus a…
10-Q · May 11, 2021
The ONE Group reported improving operating and cash-flow trends in Q1 2021 with total revenues of $50,482,000 (up $9,763,000, +24.0% vs Q1 2020) and operating income of $857,000 versus an operating loss of $(4,351,000)…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.