Nathan's Famous, Inc. (NATH) Income Statement

NASDAQ: NATHRevenue, profits, margins and EPS over 10 years.

NATH FY2026 at a glance

Fiscal year ended March 31, 2026 · U.S. dollars
Revenue+9.4%
$162.1M
FY2026 · hover or tap a bar for each year
FY2017: $96.7M (−4.2%)FY2018: $104.2M (+7.8%)FY2019: $101.8M (−2.3%)FY2020: $103.3M (+1.4%)FY2021: $75.8M (−26.6%)FY2022: $114.9M (+51.5%)FY2023: $130.8M (+13.8%)FY2024: $138.6M (+6.0%)FY2025: $148.2M (+6.9%)FY2026: $162.1M (+9.4%)
FY2017FY2026
Gross profit−5.9%
$48.9M
FY2026 · hover or tap a bar for each year
FY2017: $41.2M (+4.8%)FY2018: $41.9M (+1.7%)FY2019: $43.0M (+2.6%)FY2020: $43.2M (+0.3%)FY2021: $38.7M (−10.3%)FY2022: $44.1M (+13.7%)FY2023: $49.6M (+12.7%)FY2024: $49.3M (−0.8%)FY2025: $52.0M (+5.5%)FY2026: $48.9M (−5.9%)
FY2017FY2026
Operating income−17.5%
$30.1M
FY2026 · hover or tap a bar for each year
FY2017: $26.3M (+5.3%)FY2018: $27.1M (+3.1%)FY2019: $28.0M (+3.2%)FY2020: $27.2M (−2.9%)FY2021: $25.5M (−6.1%)FY2022: $29.9M (+17.0%)FY2023: $34.4M (+15.3%)FY2024: $32.5M (−5.6%)FY2025: $36.5M (+12.3%)FY2026: $30.1M (−17.5%)
FY2017FY2026
Net income−16.7%
$20.0M
FY2026 · hover or tap a bar for each year
FY2017: $7.5M (+22.8%)FY2018: $2.6M (−64.9%)FY2019: $21.5M (+717.2%)FY2020: $13.4M (−37.5%)FY2021: $11.1M (−17.6%)FY2022: $13.6M (+22.8%)FY2023: $19.6M (+44.3%)FY2024: $19.6M (−0.0%)FY2025: $24.0M (+22.5%)FY2026: $20.0M (−16.7%)
FY2017FY2026
EPS (diluted)−17.4%
$4.85
FY2026 · hover or tap a bar for each year
FY2017: $1.78 (+31.9%)FY2018: $0.55 (−69.1%)FY2019: $3.25 (+490.9%)FY2020: $3.20 (−1.5%)FY2021: $2.69 (−15.9%)FY2022: $3.30 (+22.7%)FY2023: $4.79 (+45.2%)FY2024: $4.80 (+0.2%)FY2025: $5.87 (+22.3%)FY2026: $4.85 (−17.4%)
FY2017FY2026
Net profit margin−3.9 pts
12.4%
FY2026 · hover or tap a point for each year
FY2017: 7.7% (+1.7 pts)FY2018: 2.5% (−5.2 pts)FY2019: 21.1% (+18.6 pts)FY2020: 13.0% (−8.1 pts)FY2021: 14.6% (+1.6 pts)FY2022: 11.8% (−2.8 pts)FY2023: 15.0% (+3.2 pts)FY2024: 14.2% (−0.9 pts)FY2025: 16.2% (+2.1 pts)FY2026: 12.4% (−3.9 pts)
FY2017FY2026

NATH revenue and net income

RevenueNet incomeNet margin (right axis)

Where NATH's revenue goes

FY2026
Revenue
$162.1M100.0%
Cost of revenue
−$113.1M−69.8%
Gross profit
$48.9M30.2%
Sales, general & admin
−$17.9M−11.0%
Other operating expenses
−$925,000−0.6%
Operating income
$30.1M18.6%
Interest & other expense
−$1.9M−1.2%
Income taxes
−$8.2M−5.0%
Net income
$20.0M12.4%

Each bar shows an amount and its share of revenue. NATH kept 12.4% of revenue as net income.

NATH profit margins

GrossOperatingNet

NATH growth rates

to FY2026
1 year3 years5 years10 years
Revenue+9.4%+7.4%+16.4%+4.9%
Gross profit−5.9%−0.5%+4.8%+2.2%
Operating income−17.5%−4.4%+3.4%+1.9%
Net income−16.7%+0.7%+12.6%+12.6%
EPS (diluted)−17.4%+0.4%+12.5%+13.6%

1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.

NATH quarterly EPS vs estimates

Reported EPSAnalyst estimate

Next report: November 5, 2026.

NATH income statement

Nathan's Famous, Inc. annual income statement
FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue$162.1M$148.2M$138.6M$130.8M$114.9M$75.8M$103.3M$101.8M$104.2M$96.7M
Cost of revenue$113.1M$96.2M$89.4M$81.1M$70.8M$37.1M$60.1M$58.8M$62.3M$55.4M
Gross profit$48.9M$52.0M$49.3M$49.6M$44.1M$38.7M$43.2M$43.0M$41.9M$41.2M
Research & development————————$0$0
Sales, general & admin$17.9M$14.5M$15.6M$14.1M$13.1M$12.0M$14.8M$13.9M$13.5M$13.7M
Total operating expenses$18.8M$15.5M$16.7M$15.2M$14.2M$13.2M$16.0M$15.1M$14.8M$15.0M
Operating income$30.1M$36.5M$32.5M$34.4M$29.9M$25.5M$27.2M$28.0M$27.1M$26.3M
Interest income$780,000$672,000$383,000$440,000$110,000$364,000$1.4M$840,000$166,000$104,000
Interest expense$2.9M$4.1M$5.4M$7.7M$10.1M$10.6M$10.6M$10.8M$13.6M$14.7M
Income before taxes$28.2M$32.8M$27.5M$26.8M$18.5M$15.3M$18.0M$29.4M$4.1M$11.8M
Income taxes$8.2M$8.7M$7.8M$7.2M$4.9M$4.2M$4.6M$7.9M$1.5M$4.3M
Net income$20.0M$24.0M$19.6M$19.6M$13.6M$11.1M$13.4M$21.5M$2.6M$7.5M
EBITDA$32.0M$37.8M$33.9M$35.7M$29.7M$27.1M$29.8M$41.4M$19.1M$27.8M
EPS (diluted)$4.85$5.87$4.80$4.79$3.30$2.69$3.20$3.25$0.55$1.78
Gross margin30.2%35.1%35.5%38.0%38.4%51.1%41.8%42.3%40.3%42.7%
Operating margin18.6%24.6%23.5%26.3%26.0%33.6%26.3%27.5%26.0%27.2%
Net margin12.4%16.2%14.2%15.0%11.8%14.6%13.0%21.1%2.5%7.7%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in NATH's financial statements (latest annual report filed June 9, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.

NATH financial results

In fiscal year 2026 (ended March 31, 2026), Nathan's Famous reported revenue of $162.1 million, up 9.4% from the year before. It had net income of $20.0 million (down 16.7%), a net profit margin of 12.4%. Diluted earnings per share came to $4.85. Over five years revenue grew at an average rate of 16.4% a year.

See the NATH stock overview for the latest quote and news, or the NATH chart for price history and technical indicators.

NATH income statement FAQ

What is Nathan's Famous's annual revenue?

Nathan's Famous reported total revenue of $162.1 million for fiscal year 2026, which ended on March 31, 2026. That was up 9.4% from $148.2 million the previous year.

Is Nathan's Famous profitable?

Yes. Nathan's Famous reported net income of $20.0 million in fiscal 2026, a net profit margin of 12.4%; its operating margin was 18.6%.

What is Nathan's Famous's gross margin?

Nathan's Famous's gross margin was 30.2% in fiscal 2026: for every $100 of revenue, Nathan's Famous kept $30 after the direct cost of its products and services.

How fast is Nathan's Famous growing?

Revenue grew 16.4% a year on average over the last five fiscal years, from $75.8 million to $162.1 million.

What are Nathan's Famous's earnings per share?

Nathan's Famous earned $4.85 per diluted share in fiscal 2026, compared with $5.87 a year earlier.

When will Nathan's Famous report its next earnings?

Nathan's Famous is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 before the market opens.

When does Nathan's Famous's fiscal year end?

Nathan's Famous's fiscal year ends in March. The latest annual report covers the year ended March 31, 2026 and was filed on June 9, 2026.

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