Good Times Restaurants Inc. (GTIM) Income Statement
GTIM FY2025 at a glance
Fiscal year ended September 30, 2025 · U.S. dollarsGTIM revenue and net income
Where GTIM's revenue goes
FY2025Each bar shows an amount and its share of revenue. GTIM kept 0.7% of revenue as net income.
GTIM profit margins
GTIM growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −0.5% | +0.8% | +5.2% | +12.4% |
| Gross profit | −14.6% | −5.3% | +2.0% | +8.9% |
| Operating income | −76.1% | — | — | — |
| Net income | −36.5% | — | — | — |
| EPS (diluted) | −33.3% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
GTIM quarterly EPS vs estimates
Good Times Restaurants beat the analyst EPS estimate in 3 of the last 3 quarters.
GTIM income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $141.6M | $142.4M | $138.2M | $138.2M | $124.0M | $109.9M | $110.8M | $99.6M | $79.1M | $64.4M |
| Cost of revenue | $128.1M | $126.5M | $122.7M | $122.2M | $105.6M | $97.6M | $100.1M | $89.0M | $71.6M | $56.9M |
| Gross profit | $13.5M | $15.9M | $15.4M | $16.0M | $18.4M | $12.3M | $10.7M | $10.6M | $7.5M | $7.5M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $13.0M | $14.1M | $12.4M | $13.7M | $11.5M | $8.8M | $11.4M | $10.2M | $8.7M | $7.8M |
| Total operating expenses | $13.2M | $14.5M | $14.5M | $16.8M | $11.5M | $24.3M | $14.2M | $10.2M | $8.9M | $7.8M |
| Operating income | $330,000 | $1.4M | $963,000 | −$878,000 | $6.9M | −$12.0M | −$3.5M | $372,000 | −$1.4M | −$300,000 |
| Interest income | — | — | — | — | $0 | $2,000 | $3,000 | $4,000 | $9,000 | $19,000 |
| Interest expense | $196,000 | $125,000 | $78,000 | $54,000 | $269,000 | $755,000 | $756,000 | $392,000 | $191,000 | $126,000 |
| Income before taxes | $274,000 | $1.3M | $885,000 | −$932,000 | $18.4M | −$12.8M | −$4.2M | −$17,000 | −$1.6M | −$465,000 |
| Income taxes | −$824,000 | −$624,000 | −$10.8M | −$5,000 | $6,000 | −$6.5M | $63,000 | −$2.3M | −$1.9M | −$1.2M |
| Net income | $1.0M | $1.6M | $11.1M | −$2.6M | $16.8M | −$13.9M | −$5.1M | −$1.0M | −$2.3M | −$1.3M |
| EBITDA | $4.5M | $5.2M | $4.7M | $3.2M | $26.2M | −$3.7M | $1.1M | $4.3M | $1.7M | $2.0M |
| EPS (diluted) | $0.10 | $0.15 | $0.93 | −$0.20 | $1.29 | −$1.11 | −$0.35 | −$0.09 | −$0.18 | −$0.11 |
| Gross margin | 9.6% | 11.1% | 11.2% | 11.5% | 14.8% | 11.2% | 9.7% | 10.6% | 9.4% | 11.6% |
| Operating margin | 0.2% | 1.0% | 0.7% | −0.6% | 5.6% | −11.0% | −3.2% | 0.4% | −1.8% | −0.5% |
| Net margin | 0.7% | 1.1% | 8.0% | −1.9% | 13.5% | −12.7% | −4.6% | −1.0% | −2.9% | −2.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $35.2M | $33.2M | $32.7M | $34.0M | $37.0M | $34.3M | $36.3M | $35.8M | $38.0M | $35.4M | $33.2M | $34.3M |
| Cost of revenue | $30.9M | $29.6M | $29.1M | $31.3M | $32.9M | $31.0M | $32.6M | $31.8M | $33.1M | $31.5M | $30.1M | $31.3M |
| Gross profit | $4.3M | $3.7M | $3.6M | $2.7M | $4.1M | $3.3M | $3.7M | $4.0M | $4.9M | $3.9M | $3.0M | $3.1M |
| Sales, general & admin | $3.0M | $3.2M | $3.3M | $2.4M | $2.9M | $3.3M | $3.7M | $3.6M | $3.4M | $2.6M | $3.4M | $2.9M |
| Total operating expenses | $3.0M | $3.2M | $3.3M | $3.1M | $2.9M | $3.8M | $3.7M | $4.1M | $3.7M | $3.3M | $3.4M | $3.5M |
| Operating income | $1.3M | $484,000 | $314,000 | −$466,000 | $1.2M | −$514,000 | $77,000 | −$118,000 | $1.2M | $644,000 | −$374,000 | −$405,000 |
| Interest expense | $24,000 | $36,000 | $51,000 | $43,000 | $51,000 | $56,000 | $46,000 | $24,000 | $27,000 | $42,000 | $32,000 | $22,000 |
| Income before taxes | $1.7M | $136,000 | $249,000 | −$509,000 | $1.2M | −$570,000 | $171,000 | −$142,000 | $1.2M | $602,000 | −$406,000 | −$427,000 |
| Income taxes | −$212,000 | −$23,000 | $51,000 | −$515,000 | −$363,000 | $57,000 | −$3,000 | −$426,000 | −$197,000 | −$78,000 | $77,000 | −$284,000 |
| Net income | $1.9M | $149,000 | $181,000 | −$3,000 | $1.5M | −$624,000 | $164,000 | $230,000 | $1.3M | $618,000 | −$556,000 | −$250,000 |
| EBITDA | $2.7M | $1.1M | $1.3M | $512,000 | $2.2M | $515,000 | $1.3M | $848,000 | $2.2M | $1.6M | $574,000 | −$471,000 |
| EPS (diluted) | $0.18 | $0.01 | $0.02 | −$0.00 | $0.14 | −$0.06 | $0.02 | $0.02 | $0.12 | $0.06 | −$0.05 | −$0.02 |
| Gross margin | 12.2% | 11.0% | 11.1% | 7.8% | 11.2% | 9.5% | 10.3% | 11.1% | 12.9% | 11.1% | 9.2% | 8.9% |
| Operating margin | 3.7% | 1.5% | 1.0% | −1.4% | 3.3% | −1.5% | 0.2% | −0.3% | 3.2% | 1.8% | −1.1% | −1.2% |
| Net margin | 5.4% | 0.4% | 0.6% | −0.0% | 4.0% | −1.8% | 0.5% | 0.6% | 3.5% | 1.7% | −1.7% | −0.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GTIM's financial statements (latest annual report filed December 29, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GTIM financial results
In fiscal year 2025 (ended September 30, 2025), Good Times Restaurants reported revenue of $141.6 million, down 0.5% from the year before. It had net income of $1.0 million (down 36.5%), a net profit margin of 0.7%. Diluted earnings per share came to $0.10. Over five years revenue grew at an average rate of 5.2% a year.
See the GTIM stock overview for the latest quote and news, or the GTIM chart for price history and technical indicators.
GTIM income statement FAQ
What is Good Times Restaurants's annual revenue?
Good Times Restaurants reported total revenue of $141.6 million for fiscal year 2025, which ended on September 30, 2025. That was down 0.5% from $142.4 million the previous year.
Is Good Times Restaurants profitable?
Yes. Good Times Restaurants reported net income of $1.0 million in fiscal 2025, a net profit margin of 0.7%; its operating margin was 0.2%.
What is Good Times Restaurants's gross margin?
Good Times Restaurants's gross margin was 9.6% in fiscal 2025: for every $100 of revenue, Good Times Restaurants kept $10 after the direct cost of its products and services.
How fast is Good Times Restaurants growing?
Revenue grew 5.2% a year on average over the last five fiscal years, from $109.9 million to $141.6 million.
What are Good Times Restaurants's earnings per share?
Good Times Restaurants earned $0.10 per diluted share in fiscal 2025, compared with $0.15 a year earlier.
When does Good Times Restaurants's fiscal year end?
Good Times Restaurants's fiscal year ends in September. The latest annual report covers the year ended September 30, 2025 and was filed on December 29, 2025.