10-K · February 27, 2026
Texas Roadhouse reports a large scaled footprint (816 system-wide restaurants as of December 30, 2025) and generated quarterly revenue of $1,482,000,000 and diluted EPS of $1.28 in Q4 2025, with free cash flow of…
Earnings analysis · 10-Q
TXRH earnings analysis
Filed May 8, 2026 · Our reading of the company's report
The latest report
Texas Roadhouse, Inc. reported robust Q1 2026 results with revenue reaching $1.63 billion, a 12.8% increase year-over-year, exceeding expectations. Diluted EPS rose 9.6% to $1.87, driven by strong comparable restaurant…
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Texas Roadhouse, Inc. reported robust Q1 2026 results with revenue reaching $1.63 billion, a 12.8% increase year-over-year, exceeding expectations. Diluted EPS rose 9.6% to $1.87, driven by strong comparable restaurant sales growth of 7.1%, although margins were impacted by commodity inflation.
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
- $1.87
- Segment
- Texas Roadhouse
- Segment
- Bubba's 33
- Segment
- Jaggers
- Segment
- Other
What stood out
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Revenue Growth
Q1 2026 revenue increased by $185.5 million, or 12.8%, to $1.63 billion from $1.45 billion in Q1 2025.
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Earnings Per Share Beat
Diluted EPS for Q1 2026 was $1.87, exceeding estimates of $1.81 and up 9.6% from $1.70 in Q1 2025.
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Strong Comparable Sales
Comparable restaurant sales grew 7.1% in Q1 2026, up from 3.5% in Q1 2025.
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Increased Restaurant Margins
Restaurant margin dollars increased by $25.1 million or 10.5% to $264.4 million in Q1 2026.
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New Store Openings
The company opened 4 new Texas Roadhouse locations, contributing to a 5.7% increase in store weeks.
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Positive Cash Flow
Net cash provided by operating activities rose to $259.1 million, up from $237.7 million in the prior year.
What to watch
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Commodity Cost Inflation
Commodity costs rose by 6.2%, impacting overall margins.
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Labor Cost Pressures
Labor costs increased by 3.8% in Q1 2026, affecting profitability despite higher revenues.
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Dependence on New Openings
Future growth heavily reliant on new store openings and franchise acquisitions.
Management's outlook
Company expects store week growth of 5% to 6% across all concepts and anticipates capital expenditures of approximately $400 million.
Earlier filings 4
10-Q · August 8, 2025
Texas Roadhouse reported 13-week revenue of $1,512,054 and diluted EPS of $1.86 for the quarter ended July 1, 2025, up from $1,341,202 and $1.79 a year ago. Restaurant sales and franchise revenue both increased; however…
10-Q · November 1, 2024
Texas Roadhouse reported Q3 revenue of $1,272,999 and diluted EPS of $1.26 for the 13 weeks ended September 24, 2024. Revenue and operating income rose materially year-over-year while cash generation strengthened; the…
10-K · February 23, 2024
Texas Roadhouse positions itself as a large, growing casual-dining operator focused on high-quality, made-from-scratch food, strong service and a franchise expansion strategy; as of December 26, 2023 the system…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.