Darden Restaurants, Inc. (DRI) Income Statement
DRI FY2026 at a glance
Fiscal year ended May 31, 2026 · U.S. dollarsDRI revenue and net income
Where DRI's revenue goes
FY2026Each bar shows an amount and its share of revenue. DRI kept 9.1% of revenue as net income.
DRI profit margins
DRI growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +9.4% | +8.0% | +12.9% | +6.7% |
| Gross profit | +247.1% | +63.2% | +43.8% | +19.5% |
| Operating income | +16.2% | +9.6% | +19.5% | +9.8% |
| Net income | +15.0% | +7.1% | +13.9% | +12.4% |
| EPS (diluted) | +11.5% | +10.0% | +19.9% | +11.7% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
DRI quarterly EPS vs estimates
Darden beat the analyst EPS estimate in 5 of the last 8 quarters.
DRI income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.21B | $12.08B | $11.39B | $10.49B | $9.63B | $7.20B | $7.81B | $8.51B | $8.08B | $7.17B |
| Cost of revenue | $4.04B | $9.43B | $8.96B | $8.38B | $7.63B | $5.70B | $6.40B | $6.66B | $6.33B | $5.60B |
| Gross profit | $9.17B | $2.64B | $2.43B | $2.11B | $2.00B | $1.49B | $1.41B | $1.85B | $1.75B | $1.57B |
| Research & development | — | — | — | — | — | — | — | — | $0 | $0 |
| Sales, general & admin | $694.8M | $690.2M | $623.7M | $504.4M | $466.4M | $487.3M | $614.4M | $660.8M | $662.1M | $627.4M |
| Total operating expenses | $7.59B | $1.28B | $1.12B | $907.5M | $832.8M | $844.8M | $1.36B | $1.02B | $978.6M | $891.9M |
| Operating income | $1.58B | $1.36B | $1.31B | $1.20B | $1.16B | $648.7M | $47.9M | $832.5M | $766.8M | $677.5M |
| Interest income | $2.1M | $175.1M | $4.5M | $81.3M | $1.9M | $63.5M | $4.9M | $3.8M | $800,000 | $1.3M |
| Interest expense | $194.2M | $180.4M | $139.8M | $85.1M | $73.2M | $66.0M | $62.2M | $54.0M | $161.9M | $41.5M |
| Income before taxes | $1.39B | $1.19B | $1.18B | $1.12B | $1.09B | $576.5M | −$161.0M | $782.3M | $605.7M | $637.3M |
| Income taxes | $174.9M | $136.2M | $145.0M | $137.0M | $138.8M | −$55.9M | −$111.8M | $63.7M | $1.9M | $154.8M |
| Net income | $1.21B | $1.05B | $1.03B | $981.9M | $952.8M | $629.3M | −$52.4M | $713.4M | $596.0M | $479.1M |
| EBITDA | $2.34B | $1.88B | $1.78B | $1.60B | $1.53B | $992.6M | $257.1M | $1.17B | $1.08B | $951.7M |
| EPS (diluted) | $10.66 | $9.56 | $8.89 | $8.01 | $7.44 | $4.31 | $3.16 | $5.82 | $4.82 | $4.02 |
| Gross margin | 69.4% | 21.9% | 21.4% | 20.1% | 20.7% | 20.8% | 18.0% | 21.7% | 21.6% | 21.9% |
| Operating margin | 12.0% | 11.3% | 11.5% | 11.5% | 12.1% | 9.0% | 0.6% | 9.8% | 9.5% | 9.4% |
| Net margin | 9.1% | 8.7% | 9.0% | 9.4% | 9.9% | 8.7% | −0.7% | 8.4% | 7.4% | 6.7% |
| Aug '26 | May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.20B | $3.72B | $3.35B | $3.10B | $3.04B | $3.27B | $3.16B | $2.89B | $2.76B | $2.96B | $2.97B | $2.73B |
| Cost of revenue | $984.9M | −$598.1M | $2.74B | $963.7M | $929.1M | $2.51B | $2.46B | $2.28B | $2.19B | $2.30B | $2.33B | $2.18B |
| Gross profit | $2.22B | $4.32B | $601.2M | $2.14B | $2.12B | $764.8M | $702.3M | $612.7M | $562.8M | $656.7M | $645.6M | $550.2M |
| Sales, general & admin | $187.9M | $182.2M | $160.9M | $166.5M | $185.2M | $174.1M | $152.1M | $192.9M | $171.1M | $140.2M | $139.9M | $151.7M |
| Total operating expenses | $1.90B | $3.83B | $160.9M | $1.82B | $1.78B | $382.0M | $284.1M | $320.6M | $293.6M | $261.3M | $258.2M | $271.7M |
| Operating income | $319.3M | $482.9M | $440.3M | $320.4M | $339.2M | $382.8M | $418.2M | $292.1M | $269.2M | $395.4M | $387.4M | $278.5M |
| Interest income | — | — | $49.6M | $48.0M | $45.4M | $46.3M | $45.5M | $46.2M | — | — | — | — |
| Interest expense | — | $50.4M | $49.6M | $48.0M | $46.2M | $45.6M | $46.4M | $47.0M | $38.0M | $30.7M | $37.4M | $37.5M |
| Income before taxes | $269.0M | $465.6M | $356.8M | $272.4M | $293.8M | $336.5M | $372.7M | $245.9M | $232.1M | $360.0M | $350.9M | $241.4M |
| Income taxes | $34.7M | $57.8M | $46.2M | $35.0M | $35.9M | $32.5M | $49.0M | $30.2M | $24.5M | $50.0M | $37.5M | $29.1M |
| Net income | $233.4M | $404.9M | $306.8M | $237.2M | $257.8M | $303.8M | $323.4M | $215.1M | $207.2M | $308.1M | $312.9M | $212.1M |
| EBITDA | $269.0M | $907.9M | $548.2M | $453.1M | $428.9M | $520.1M | $550.2M | $425.3M | $391.7M | $508.6M | $505.7M | $398.5M |
| EPS (diluted) | $2.05 | $3.66 | $2.95 | $2.08 | $1.97 | $2.98 | $2.80 | $2.03 | $1.75 | $2.65 | $2.62 | $1.84 |
| Gross margin | 69.2% | 116.1% | 18.0% | 68.9% | 69.5% | 23.4% | 22.2% | 21.2% | 20.4% | 22.2% | 21.7% | 20.2% |
| Operating margin | 10.0% | 13.0% | 13.2% | 10.3% | 11.1% | 11.7% | 13.2% | 10.1% | 9.8% | 13.4% | 13.0% | 10.2% |
| Net margin | 7.3% | 10.9% | 9.2% | 7.6% | 8.5% | 9.3% | 10.2% | 7.4% | 7.5% | 10.4% | 10.5% | 7.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in DRI's financial statements (latest annual report filed July 24, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
DRI financial results
In fiscal year 2026 (ended May 31, 2026), Darden reported revenue of $13.2 billion, up 9.4% from the year before. It had net income of $1.2 billion (up 15.0%), a net profit margin of 9.1%. Diluted earnings per share came to $10.66. Over five years revenue grew at an average rate of 12.9% a year.
See the DRI stock overview for the latest quote and news, or the DRI chart for price history and technical indicators.
DRI income statement FAQ
What is Darden's annual revenue?
Darden reported total revenue of $13.2 billion for fiscal year 2026, which ended on May 31, 2026. That was up 9.4% from $12.1 billion the previous year.
Is Darden profitable?
Yes. Darden reported net income of $1.2 billion in fiscal 2026, a net profit margin of 9.1%; its operating margin was 12.0%.
What is Darden's gross margin?
Darden's gross margin was 69.4% in fiscal 2026: for every $100 of revenue, Darden kept $69 after the direct cost of its products and services.
How fast is Darden growing?
Revenue grew 12.9% a year on average over the last five fiscal years, from $7.2 billion to $13.2 billion.
What are Darden's earnings per share?
Darden earned $10.66 per diluted share in fiscal 2026, compared with $9.56 a year earlier.
When does Darden's fiscal year end?
Darden's fiscal year ends in May. The latest annual report covers the year ended May 31, 2026 and was filed on July 24, 2026.