For the twelve months ended Sep 29, 2026, Cheesecake Factory Incorporated reported $4.00B of revenue and $208.02M of net income.
CAKE revenue was $1.03B in fiscal Q3 2026 (ended Sep 29, 2026), up 13.9% from a year earlier and up 0.4% from the prior quarter. For the full fiscal 2025 it was $3.75B, up 4.7% from fiscal 2024. Compound annual growth was +13.6% over 5 years and +6.0% over 10 years. It rose in 8 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.
CAKE net income was $61.30M in fiscal Q3 2026 (ended Sep 29, 2026), up 92.2% from a year earlier and down 10.4% from the prior quarter. For the full fiscal 2025 it was $148.43M, down 5.3% from fiscal 2024. Compound annual growth was +2.4% over 10 years. It rose in 2 of the last 4 fiscal years.
CAKE diluted EPS was $1.19 in fiscal Q3 2026 (ended Sep 29, 2026), up 80.3% from a year earlier and down 15.6% from the prior quarter. For the full fiscal 2025 it was $3.06, down 4.4% from fiscal 2024. Compound annual growth was +2.9% over 10 years.
CAKE free cash flow was $66.88M in fiscal Q3 2026 (ended Sep 29, 2026), up 24.0% from a year earlier and up 35.7% from the prior quarter. For the full fiscal 2025 it was $155.08M, up 43.6% from fiscal 2024. Compound annual growth was +5.2% over 10 years. It rose in 3 of the last 4 fiscal years.
| Line item | Dec 30, 2025 | Dec 31, 2024 | Jan 2, 2024 | Jan 3, 2023 | Dec 28, 2021 | Dec 29, 2020 | Dec 31, 2019 | Jan 1, 2019 | Jan 2, 2018 | Jan 3, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.75B | $3.58B | $3.44B | $3.30B | $2.93B | $1.98B | $2.48B | $2.33B | $2.26B | $2.28B |
| Cost of revenue | - | - | - | - | $653.13M | $458.33M | $561.78M | $532.88M | $519.39M | $526.63M |
| Gross profit | - | - | - | - | $2.27B | $1.52B | $1.92B | $1.80B | $1.74B | $1.75B |
| Selling, general and admin | $244.91M | $228.74M | $217.45M | $205.75M | $186.14M | $157.64M | $160.20M | $154.77M | $141.53M | $146.04M |
| Operating income | $187.28M | $178.32M | $108.57M | $38.94M | $82.32M | -$347.44M | $103.60M | $118.95M | $152.84M | $200.99M |
| Pre-tax income | $162.90M | $171.05M | $100.01M | $32.89M | $71.62M | -$356.04M | $140.33M | $107.41M | $146.47M | $191.77M |
| Income tax | $14.47M | $14.26M | -$1.34M | -$10.23M | -$753.0K | -$102.67M | $13.04M | $8.38M | -$10.93M | $52.27M |
| Net income | $148.43M | $156.78M | $101.35M | $43.12M | $72.37M | -$253.37M | $127.29M | $99.03M | $157.39M | $139.49M |
| EPS, basic | $3.17 | $3.28 | $2.10 | $0.87 | $1.03 | -$6.32 | $2.90 | $2.19 | $3.35 | $2.91 |
| EPS, diluted | $3.06 | $3.20 | $2.07 | $0.86 | $1.01 | -$6.32 | $2.86 | $2.14 | $3.27 | $2.83 |
| Diluted shares | 48.6M | 49.0M | 49.0M | 50.4M | 48.5M | 43.9M | 44.5M | 46.2M | 48.2M | 49.4M |
| Line item | Dec 30, 2025 | Dec 31, 2024 | Jan 2, 2024 | Jan 3, 2023 | Dec 28, 2021 | Dec 29, 2020 | Dec 31, 2019 | Jan 1, 2019 | Jan 2, 2018 | Jan 3, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $215.73M | $84.18M | $56.29M | $114.78M | $189.63M | $154.09M | $58.42M | $26.58M | $6.01M | $53.84M |
| Receivables | - | - | - | - | - | - | $25.62M | $20.93M | $19.86M | $15.63M |
| Inventory | $53.97M | $64.53M | $57.65M | $55.56M | $42.84M | $39.29M | $47.23M | $38.89M | $42.56M | $34.93M |
| Current assets | $454.83M | $333.31M | $300.80M | $345.77M | $405.59M | $341.36M | $244.51M | $195.23M | $208.63M | $221.43M |
| Goodwill | $1.45M | $1.45M | $1.45M | $1.45M | $1.45M | $1.45M | $78.36M | - | - | - |
| Total assets | $3.26B | $3.04B | $2.84B | $2.78B | $2.80B | $2.75B | $2.84B | $1.31B | $1.33B | $1.29B |
| Current liabilities | $777.01M | $711.42M | $660.67M | $656.68M | $636.27M | $586.07M | $614.59M | $416.50M | $397.95M | $376.53M |
| Short-term debt | $68.81M | - | - | - | - | - | - | - | - | - |
| Long-term debt | $561.26M | $452.06M | $470.05M | $468.03M | $466.02M | $280.00M | $290.00M | $10.00M | $10.00M | - |
| Total debt | $630.07M | $452.06M | $470.05M | $468.03M | $466.02M | $280.00M | $290.00M | $10.00M | $10.00M | - |
| Total liabilities | $2.83B | $2.60B | $2.52B | $2.48B | $2.47B | $2.46B | $2.27B | $743.07M | $719.53M | $690.11M |
| Shareholders' equity | $436.43M | $443.45M | $318.06M | $292.00M | $330.17M | $288.69M | $571.74M | $571.06M | $613.53M | $603.21M |
| Line item | Dec 30, 2025 | Dec 31, 2024 | Jan 2, 2024 | Jan 3, 2023 | Dec 28, 2021 | Dec 29, 2020 | Dec 31, 2019 | Jan 1, 2019 | Jan 2, 2018 | Jan 3, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $301.28M | $268.32M | $218.40M | $161.93M | $213.01M | $2.91M | $218.76M | $291.31M | $238.80M | $316.38M |
| Capital expenditures | $146.20M | $160.36M | $151.56M | $112.46M | $66.94M | $50.33M | $73.77M | $102.91M | $120.78M | $115.82M |
| Free cash flow | $155.08M | $107.96M | $66.84M | $49.46M | $146.06M | -$47.42M | $145.00M | $188.41M | $118.02M | $200.56M |
| Investing cash flow | -$147.26M | -$161.10M | -$153.50M | -$112.81M | -$68.61M | -$50.91M | -$363.06M | -$130.39M | -$140.43M | -$159.46M |
| Financing cash flow | -$22.78M | -$78.79M | -$123.53M | -$123.64M | -$108.83M | $143.69M | $176.02M | -$140.29M | -$146.09M | -$146.94M |
| Dividends paid | $52.19M | $53.04M | $53.21M | $42.27M | $337.0K | $15.79M | $60.72M | $56.25M | $49.89M | $42.37M |
| Share repurchases | $153.90M | $18.23M | $46.09M | $63.13M | $5.77M | $3.62M | $50.98M | $109.28M | $122.97M | $146.47M |
| Stock-based compensation | $27.23M | $29.96M | $25.78M | $24.43M | $22.99M | $21.35M | $19.37M | $19.99M | $16.46M | $21.47M |
| Depreciation and amortization | $109.03M | $101.45M | $93.14M | $92.38M | $89.65M | $91.42M | $88.13M | $95.98M | $92.73M | $88.01M |
| Line item | Dec 30, 2025 | Dec 31, 2024 | Jan 2, 2024 | Jan 3, 2023 | Dec 28, 2021 | Dec 29, 2020 | Dec 31, 2019 | Jan 1, 2019 | Jan 2, 2018 | Jan 3, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 4.7% | 4.1% | 4.1% | 12.8% | 47.6% | -20.1% | 6.4% | 3.2% | -0.7% | 8.3% |
| Net income growth, YoY | -5.3% | 54.7% | 135.0% | -40.4% | - | - | 28.5% | -37.1% | 12.8% | 19.7% |
| EPS growth, YoY | -4.4% | 54.6% | 140.7% | -14.9% | - | - | 33.6% | -34.6% | 15.5% | 23.0% |
| Gross margin | - | - | - | - | 77.7% | 76.9% | 77.4% | 77.2% | 77.0% | 76.9% |
| Operating margin | 5.0% | 5.0% | 3.2% | 1.2% | 2.8% | -17.5% | 4.2% | 5.1% | 6.8% | 8.8% |
| Net margin | 4.0% | 4.4% | 2.9% | 1.3% | 2.5% | -12.8% | 5.1% | 4.2% | 7.0% | 6.1% |
| Free cash flow margin | 4.1% | 3.0% | 1.9% | 1.5% | 5.0% | -2.4% | 5.8% | 8.1% | 5.2% | 8.8% |
| Return on equity | 34.0% | 35.4% | 31.9% | 14.8% | 21.9% | -87.8% | 22.3% | 17.3% | 25.7% | 23.1% |
| Return on assets | 4.6% | 5.2% | 3.6% | 1.6% | 2.6% | -9.2% | 4.5% | 7.5% | 11.8% | 10.8% |
| Current ratio | 0.59 | 0.47 | 0.46 | 0.53 | 0.64 | 0.58 | 0.40 | 0.47 | 0.52 | 0.59 |
| Debt to equity | 1.44 | 1.02 | 1.48 | 1.60 | 1.41 | 0.97 | 0.51 | 0.02 | 0.02 | - |
| Line item | Sep 29, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 30, 2025 | Sep 30, 2025 | Jul 1, 2025 | Apr 1, 2025 | Dec 31, 2024 | Oct 1, 2024 | Jul 2, 2024 | Apr 2, 2024 | Jan 2, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.03B | $1.03B | $978.83M | $961.56M | $907.23M | $955.83M | $927.20M | $920.96M | $865.47M | $904.04M | $891.22M | $877.01M |
| Selling, general and admin | $66.64M | $65.59M | $63.93M | $67.21M | $59.00M | $58.78M | $59.93M | $57.78M | $56.20M | $54.38M | $60.37M | $54.68M |
| Operating income | $74.87M | $78.61M | $55.05M | $33.23M | $37.27M | $64.82M | $51.96M | $46.63M | $33.70M | $58.69M | $39.29M | $8.14M |
| Pre-tax income | $73.41M | $76.90M | $53.35M | $30.70M | $35.48M | $62.23M | $34.48M | $45.34M | $31.84M | $56.34M | $37.53M | $5.66M |
| Income tax | $12.11M | $8.51M | $3.80M | $1.93M | $3.58M | $7.42M | $1.54M | $4.18M | $1.84M | $3.90M | $4.34M | -$7.03M |
| Net income | $61.30M | $68.39M | $49.55M | $28.77M | $31.90M | $54.81M | $32.94M | $41.15M | $29.99M | $52.44M | $33.19M | $12.68M |
| EPS, basic | $1.31 | $1.47 | $1.06 | $0.62 | $0.68 | $1.18 | $0.69 | $0.85 | $0.63 | $1.10 | $0.70 | $0.27 |
| EPS, diluted | $1.19 | $1.41 | $1.02 | $0.59 | $0.66 | $1.14 | $0.67 | $0.83 | $0.61 | $1.08 | $0.68 | $0.27 |
| Diluted shares | 51.5M | 48.5M | 48.5M | - | 48.6M | 48.1M | 49.3M | - | 48.9M | 48.8M | 48.7M | - |
| Line item | Sep 29, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 30, 2025 | Sep 30, 2025 | Jul 1, 2025 | Apr 1, 2025 | Dec 31, 2024 | Oct 1, 2024 | Jul 2, 2024 | Apr 2, 2024 | Jan 2, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $249.27M | $195.17M | $235.09M | $215.73M | $189.98M | $148.76M | $135.41M | $84.18M | $52.22M | $40.65M | $60.22M | $56.29M |
| Inventory | $51.87M | $50.51M | $50.56M | $53.97M | $63.41M | $66.41M | $66.90M | $64.53M | $69.81M | $70.99M | $65.47M | $57.65M |
| Current assets | $469.08M | $418.79M | $464.85M | $454.83M | $423.94M | $379.39M | $361.05M | $333.31M | $286.54M | $277.94M | $283.57M | $300.80M |
| Goodwill | - | - | - | $1.45M | - | - | - | $1.45M | - | - | - | $1.45M |
| Total assets | $3.45B | $3.29B | $3.30B | $3.26B | $3.24B | $3.15B | $3.11B | $3.04B | $2.94B | $2.88B | $2.84B | $2.84B |
| Current liabilities | $1.32B | $713.58M | $781.34M | $777.01M | $771.40M | $737.05M | $683.94M | $711.42M | $651.89M | $642.61M | $654.50M | $660.67M |
| Short-term debt | $563.71M | - | $68.92M | $68.81M | $68.72M | $68.61M | - | - | - | - | - | - |
| Long-term debt | - | $562.89M | $562.08M | $561.26M | $560.44M | $559.62M | $627.31M | $452.06M | $471.56M | $471.05M | $470.55M | $470.05M |
| Total debt | - | $562.89M | $630.99M | $630.07M | $629.16M | $628.24M | $627.31M | $452.06M | $471.56M | $471.05M | $470.55M | $470.05M |
| Total liabilities | $2.88B | $2.78B | $2.84B | $2.83B | $2.82B | $2.75B | $2.77B | $2.60B | $2.54B | $2.51B | $2.51B | $2.52B |
| Shareholders' equity | $574.07M | $518.96M | $459.23M | $436.43M | $425.35M | $400.95M | $339.40M | $443.45M | $396.38M | $373.98M | $332.44M | $318.06M |
| Line item | Sep 29, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 30, 2025 | Sep 30, 2025 | Jul 1, 2025 | Apr 1, 2025 | Dec 31, 2024 | Oct 1, 2024 | Jul 2, 2024 | Apr 2, 2024 | Jan 2, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $124.81M | $92.21M | $96.72M | $74.91M | $90.61M | $56.84M | $78.92M | $94.00M | $79.88M | $27.70M | $66.75M | $67.86M |
| Capital expenditures | $57.93M | $42.93M | $43.38M | $25.16M | $36.68M | $41.55M | $42.82M | $39.85M | $54.21M | $29.19M | $37.11M | $51.64M |
| Free cash flow | $66.88M | $49.28M | $53.35M | $49.75M | $53.93M | $15.29M | $36.10M | $54.15M | $25.66M | -$1.49M | $29.64M | $16.21M |
| Investing cash flow | -$58.13M | -$43.20M | -$43.69M | -$25.31M | -$37.05M | -$41.55M | -$43.35M | -$40.07M | -$54.23M | -$29.45M | -$37.36M | -$52.85M |
| Financing cash flow | -$12.65M | -$88.78M | -$33.55M | -$23.96M | -$12.21M | -$2.28M | $15.66M | -$21.52M | -$14.21M | -$17.74M | -$25.32M | -$22.91M |
| Dividends paid | $14.20M | $15.68M | $14.23M | $12.78M | $12.60M | $14.32M | $12.48M | $13.24M | $13.11M | $13.87M | $12.82M | $13.08M |
| Share repurchases | $2.44M | $10.96M | $18.40M | $11.17M | $1.23M | $131.0K | $141.36M | $763.0K | $1.10M | $3.87M | $12.50M | $9.82M |
| Stock-based compensation | $7.04M | $8.76M | $7.01M | $6.79M | $5.67M | $7.19M | $7.58M | $8.47M | $7.02M | $6.83M | $7.65M | $6.93M |
| Depreciation and amortization | $29.18M | $29.10M | $27.98M | $28.67M | $27.42M | $26.86M | $26.08M | $26.43M | $25.30M | $24.96M | $24.76M | $24.01M |
| Line item | Sep 29, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 30, 2025 | Sep 30, 2025 | Jul 1, 2025 | Apr 1, 2025 | Dec 31, 2024 | Oct 1, 2024 | Jul 2, 2024 | Apr 2, 2024 | Jan 2, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 13.9% | 7.7% | 5.6% | 4.4% | 4.8% | 5.7% | 4.0% | 5.0% | 4.2% | 4.4% | 2.9% | -1.8% |
| Net income growth, YoY | 92.2% | 24.8% | 50.4% | -30.1% | 6.4% | 4.5% | -0.8% | 224.5% | 67.1% | 22.9% | 18.3% | - |
| EPS growth, YoY | 80.3% | 23.7% | 52.2% | -28.9% | 8.2% | 5.6% | -1.5% | 207.4% | 64.9% | 24.1% | 21.4% | - |
| Operating margin | 7.2% | 7.6% | 5.6% | 3.5% | 4.1% | 6.8% | 5.6% | 5.1% | 3.9% | 6.5% | 4.4% | 0.9% |
| Net margin | 5.9% | 6.6% | 5.1% | 3.0% | 3.5% | 5.7% | 3.6% | 4.5% | 3.5% | 5.8% | 3.7% | 1.4% |
| Free cash flow margin | 6.5% | 4.8% | 5.5% | 5.2% | 5.9% | 1.6% | 3.9% | 5.9% | 3.0% | -0.2% | 3.3% | 1.8% |
| Current ratio | 0.36 | 0.59 | 0.59 | 0.59 | 0.55 | 0.51 | 0.53 | 0.47 | 0.44 | 0.43 | 0.43 | 0.46 |
| Debt to equity | - | 1.08 | 1.37 | 1.44 | 1.48 | 1.57 | 1.85 | 1.02 | 1.19 | 1.26 | 1.42 | 1.48 |
Source: XBRL data Cheesecake Factory Incorporated files with the SEC, latest filing dated Nov 2, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| CAKE | $4.00B | +7.9% | $208.02M | 5.2% | $5.42B |
| MCD | $27.78B | +5.8% | $8.99B | 32.4% | $199.15B |
| SBUX | $38.34B | +4.5% | $1.98B | 5.2% | $125.34B |
| CMG | $12.71B | +7.9% | $1.38B | 10.8% | $45.44B |
| YUM | $8.80B | +9.1% | $3.44B | 39.1% | $42.98B |
| QSR | $9.78B | +5.5% | $1.76B | 18.1% | $35.03B |
| DRI | $13.37B | +8.1% | $1.18B | 8.8% | $25.87B |
| YUMC | $12.71B | +9.9% | $1.00B | 7.9% | $16.75B |
| ARMK | $19.85B | +11.0% | $382.91M | 1.9% | $14.29B |