RED ROBIN GOURMET BURGERS INC RRGB
Red Robin Gourmet Burgers, Inc., a Delaware corporation, is the parent company for Red Robin International, Inc., a Nevada corporation, that, together with its subsidiaries, primarily operates, franchises, and develops casual dining restaurants in North America famous for serving more than 20 craveable, high-quality burgers with Bottomless Steak Fries® and sides in a fun environment welcoming to guests of all ages.
We opened the first Red Robin® restaurant in Seattle, Washington in September 1969. In 1979, the first franchised Red Robin restaurant was opened in Yakima, Washington. In 2001, we formed Red Robin Gourmet Burgers, Inc. and consummated a reorganization of the Company. In 2002, we completed our initial public offering, listing on The Nasdaq Global Select Market. Unless otherwise provided in this Annual Report on Form 10-K, references to "Red Robin," "we," "us," "our", or the "Company" refer to Red Robin Gourmet Burgers, Inc. and its consolidated subsidiaries.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.21B | $1.25B | $1.30B | $1.27B | $1.16B | $868.7M | $1.32B | $1.34B | $1.39B | $1.30B |
| Cost of revenue | — | — | — | — | — | — | — | $313.5M | $320.4M | $298.2M |
| Gross profit | — | — | — | — | — | — | — | $1.03B | $1.07B | $1.00B |
| SG&A | $76.3M | $81.7M | $89.4M | $136.6M | $122.7M | $106.8M | $156.0M | $146.5M | $156.7M | $144.6M |
| Total operating expenses | $1.21B | $1.30B | $1.30B | $1.32B | $1.20B | $1.14B | $1.33B | $1.35B | $1.35B | $1.29B |
| Operating income | $2.8M | -$53.1M | $4.5M | -$57.5M | -$37.1M | -$275.1M | -$13.1M | -$10.5M | $39.0M | $11.6M |
| Interest expense | $26.0M | $25.3M | $26.6M | $20.6M | $14.2M | $10.2M | $10.2M | $10.7M | — | — |
| Pre-tax income | -$23.0M | -$77.6M | -$20.9M | -$78.1M | -$50.6M | -$283.6M | -$22.2M | -$21.4M | $29.0M | $4.8M |
| Income tax | $258.0K | $90.0K | $310.0K | $747.0K | $152.0K | $7.5M | $14.3M | $15.0M | $999.0K | $6.9M |
| Net income | -$23.3M | -$77.5M | -$21.2M | -$78.9M | -$50.4M | -$276.1M | -$7.9M | -$6.4M | $30.0M | $11.7M |
| EPS, basic | -1.31 | -4.93 | -1.34 | -4.98 | -3.22 | -19.29 | -0.61 | -0.49 | 2.33 | 0.88 |
| EPS, diluted | -1.31 | -4.93 | -1.34 | -4.98 | -3.22 | -19.29 | -0.61 | -0.49 | 2.31 | 0.87 |
| Shares, diluted (wtd. avg.) | $17.8M | $15.7M | $15.8M | $15.8M | $15.7M | $14.3M | $13.0M | $13.0M | $13.0M | $13.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $19.9M | $30.7M | $31.6M | $58.2M | $22.8M | $16.1M | $30.0M | $18.6M | $17.7M | $11.7M |
| Receivables | $19.4M | $19.7M | $21.6M | $22.0M | $21.4M | $16.5M | $22.4M | $25.0M | $26.5M | $24.2M |
| Inventory | $25.7M | $26.7M | $26.8M | $26.4M | $25.2M | $23.8M | $26.4M | $27.4M | $29.6M | $29.9M |
| Total current assets | $88.9M | $99.4M | $91.8M | $119.6M | $102.2M | $86.9M | $105.5M | $98.5M | $104.8M | $92.8M |
| Property, plant and equipment | $158.1M | $181.2M | $261.3M | $318.5M | $386.3M | $427.0M | $518.0M | $565.1M | $638.2M | $656.4M |
| Goodwill | — | — | — | — | — | $0 | $96.4M | $95.8M | $97.0M | $95.9M |
| Other intangibles | $9.2M | $11.1M | $15.5M | $17.7M | $21.3M | $24.7M | $30.0M | $34.6M | $38.3M | $42.3M |
| Total assets | $563.5M | $641.3M | $741.9M | $832.1M | $929.0M | $974.7M | $1.24B | $843.9M | $910.6M | $918.5M |
| Accounts payable | $31.4M | $29.8M | $27.7M | $39.3M | $32.5M | $20.2M | $33.0M | $39.0M | $35.3M | $26.6M |
| Short-term debt | — | — | $0 | $3.4M | $9.7M | $9.7M | $0 | $0 | — | — |
| Total current liabilities | $198.6M | $189.6M | $186.3M | $220.2M | $223.3M | $202.6M | $194.6M | $171.1M | $160.3M | $141.0M |
| Long-term debt | $164.7M | $181.6M | $182.6M | $203.2M | $167.3M | $161.0M | $206.9M | $193.4M | — | — |
| Total liabilities | $669.9M | $725.6M | $762.4M | $830.4M | $852.0M | $854.0M | $877.1M | $461.1M | $523.2M | $570.5M |
| Retained earnings | -$176.2M | -$153.0M | -$75.4M | -$54.2M | $27.2M | $77.2M | $353.3M | $376.3M | $382.8M | $352.7M |
| Total equity | -$106.3M | -$84.3M | -$20.4M | $1.8M | $74.5M | $118.7M | $360.5M | $382.8M | $387.4M | $348.1M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $37.0M | $7.0M | -$1.2M | $35.5M | $47.3M | $20.2M | $57.9M | $126.3M | $156.6M | $99.0M |
| Depreciation and amortisation | $51.1M | $57.7M | $66.2M | $76.2M | $83.4M | $87.6M | $91.8M | $95.4M | $92.5M | $86.7M |
| Stock-based compensation | $1.5M | $7.0M | $6.9M | $6.3M | $6.6M | $4.3M | $3.3M | $4.0M | $4.8M | $4.5M |
| Capital expenditure | $30.8M | $26.0M | $49.4M | $38.2M | $42.3M | $22.1M | — | — | — | — |
| Investing cash flow | -$24.6M | -$1.7M | $8.2M | -$29.6M | -$42.2M | -$21.4M | -$57.0M | -$49.8M | -$83.3M | -$199.4M |
| Financing cash flow | -$22.3M | $2.5M | -$33.7M | $29.5M | $1.6M | -$11.7M | $9.7M | -$74.3M | -$67.9M | $89.3M |
| Buybacks | $0 | $0 | $10.0M | $0 | $0 | $1.6M | $3.5M | $1.5M | $0 | $46.1M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-011733.
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