RAVE Restaurant Group, Inc. (RAVE) Income Statement
RAVE FY2026 at a glance
Fiscal year ended June 30, 2026 · U.S. dollarsRAVE revenue and net income
Where RAVE's revenue goes
FY2026Each bar shows an amount and its share of revenue. RAVE kept 22.3% of revenue as net income.
RAVE profit margins
RAVE growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +7.2% | +2.8% | +8.5% | −14.4% |
| Gross profit | +8.5% | +5.7% | +9.6% | +9.3% |
| Operating income | +6.4% | +17.2% | +26.8% | — |
| Net income | +6.5% | +21.3% | +13.6% | — |
| EPS (diluted) | +10.5% | +28.1% | +21.3% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
RAVE quarterly EPS vs estimates
Next report: November 5, 2026.
RAVE income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.9M | $12.0M | $12.2M | $11.9M | $10.7M | $8.6M | $10.0M | $12.3M | $15.1M | $57.1M |
| Cost of revenue | $3.5M | $3.4M | $3.7M | $4.0M | $3.3M | $2.7M | $3.5M | $4.9M | $6.3M | $54.1M |
| Gross profit | $9.4M | $8.6M | $8.5M | $7.9M | $7.4M | $5.9M | $6.5M | $7.4M | $8.8M | $3.0M |
| Research & development | — | — | — | — | — | — | — | — | $0 | — |
| Sales, general & admin | $5.9M | $5.2M | $5.3M | $5.5M | $5.4M | $4.7M | $5.6M | $5.3M | $7.6M | $7.7M |
| Total operating expenses | $5.9M | $5.4M | $5.6M | $5.8M | $4.9M | $4.9M | $5.6M | $5.7M | $8.5M | $7.7M |
| Operating income | $3.5M | $3.3M | $2.9M | $2.2M | $2.5M | $1.1M | $982,000 | $1.7M | $350,000 | −$4.7M |
| Interest income | — | — | — | — | $21,000 | $11,000 | $40,000 | $47,000 | $4,000 | — |
| Interest expense | — | $354,000 | $153,000 | $1,000 | $61,000 | $92,000 | $95,000 | $104,000 | $183,000 | $106,000 |
| Income before taxes | $3.9M | $3.6M | $3.1M | $2.1M | $2.4M | $1.5M | −$155,000 | −$801,000 | −$1.0M | −$12.1M |
| Income taxes | $1.0M | $918,000 | $619,000 | $537,000 | −$5.7M | −$29,000 | $4.1M | −$51,000 | −$3.3M | $53,000 |
| Net income | $2.9M | $2.7M | $2.5M | $1.6M | $8.0M | $1.5M | −$4.2M | −$750,000 | $1.9M | −$12.5M |
| EBITDA | $4.0M | $3.8M | $3.7M | $2.8M | $3.0M | $2.3M | $1.5M | −$231,000 | $9,000 | −$8.6M |
| EPS (diluted) | $0.21 | $0.19 | $0.17 | $0.10 | $0.45 | $0.08 | −$0.59 | −$0.04 | $0.08 | −$1.15 |
| Gross margin | 72.6% | 71.8% | 69.9% | 66.7% | 69.3% | 69.1% | 65.2% | 60.2% | 58.3% | 5.2% |
| Operating margin | 26.9% | 27.1% | 24.2% | 18.1% | 23.2% | 12.3% | 9.8% | 13.6% | 2.3% | −8.3% |
| Net margin | 22.3% | 22.4% | 20.4% | 13.6% | 75.0% | 17.7% | −42.2% | −6.1% | 12.6% | −21.9% |
| 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 | $3.4M | $3.2M | $3.0M | $3.2M | $3.2M | $3.0M | $2.9M | $3.0M | $3.4M | $3.0M | $2.7M | $3.1M |
| Cost of revenue | $973,000 | $789,000 | $732,000 | $1.0M | $847,000 | $768,000 | $829,000 | $995,000 | $828,000 | $812,000 | $844,000 | $1.2M |
| Gross profit | $2.5M | $2.4M | $2.3M | $2.2M | $2.3M | $2.2M | $2.0M | $2.1M | $2.5M | $2.1M | $1.9M | $1.9M |
| Sales, general & admin | $1.5M | $1.5M | $1.5M | $1.4M | $1.2M | $1.3M | $1.3M | $1.4M | $1.3M | $1.3M | $1.4M | $1.3M |
| Total operating expenses | $1.5M | $1.5M | $1.6M | $1.4M | $1.2M | $1.3M | $1.4M | $1.4M | $1.4M | $1.3M | $1.4M | $1.9M |
| Operating income | $1.0M | $965,000 | $742,000 | $752,000 | $1.1M | $866,000 | $664,000 | $613,000 | $1.1M | $809,000 | $494,000 | $518,000 |
| Interest income | — | $98,000 | $91,000 | $91,000 | — | $84,000 | $87,000 | $82,000 | — | $45,000 | $46,000 | $2,000 |
| Interest expense | — | — | — | — | — | — | — | — | — | $45,000 | $0 | $0 |
| Income before taxes | $1.1M | $1.1M | $842,000 | $851,000 | $1.2M | $950,000 | $751,000 | $695,000 | $1.2M | $854,000 | $540,000 | $518,000 |
| Income taxes | $340,000 | $255,000 | $205,000 | $206,000 | $377,000 | $228,000 | $144,000 | $169,000 | $300,000 | $200,000 | −$13,000 | $132,000 |
| Net income | $796,000 | $800,000 | $637,000 | $645,000 | $847,000 | $722,000 | $607,000 | $526,000 | $880,000 | $654,000 | $553,000 | $386,000 |
| EBITDA | $1.1M | $1.2M | $862,000 | $969,000 | $1.4M | $1.1M | $867,000 | $835,000 | $1.3M | $1.0M | $704,000 | $683,000 |
| EPS (diluted) | $0.06 | $0.06 | $0.04 | $0.05 | $0.06 | $0.05 | $0.04 | $0.04 | $0.06 | $0.04 | $0.04 | $0.03 |
| Gross margin | 71.6% | 75.5% | 75.9% | 67.7% | 73.1% | 74.1% | 71.1% | 67.4% | 75.3% | 72.6% | 69.3% | 62.0% |
| Operating margin | 29.6% | 29.9% | 24.4% | 23.4% | 35.6% | 29.2% | 23.1% | 20.1% | 33.4% | 27.3% | 18.0% | 16.8% |
| Net margin | 23.2% | 24.8% | 20.9% | 20.1% | 26.9% | 24.3% | 21.2% | 17.2% | 26.2% | 22.1% | 20.1% | 12.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in RAVE's financial statements (latest annual report filed September 24, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
RAVE financial results
In fiscal year 2026 (ended June 30, 2026), RAVE Restaurant reported revenue of $12.9 million, up 7.2% from the year before. It had net income of $2.9 million (up 6.5%), a net profit margin of 22.3%. Diluted earnings per share came to $0.21. Over five years revenue grew at an average rate of 8.5% a year.
See the RAVE stock overview for the latest quote and news, or the RAVE chart for price history and technical indicators.
RAVE income statement FAQ
What is RAVE Restaurant's annual revenue?
RAVE Restaurant reported total revenue of $12.9 million for fiscal year 2026, which ended on June 30, 2026. That was up 7.2% from $12.0 million the previous year.
Is RAVE Restaurant profitable?
Yes. RAVE Restaurant reported net income of $2.9 million in fiscal 2026, a net profit margin of 22.3%; its operating margin was 26.9%.
What is RAVE Restaurant's gross margin?
RAVE Restaurant's gross margin was 72.6% in fiscal 2026: for every $100 of revenue, RAVE Restaurant kept $73 after the direct cost of its products and services.
How fast is RAVE Restaurant growing?
Revenue grew 8.5% a year on average over the last five fiscal years, from $8.6 million to $12.9 million.
What are RAVE Restaurant's earnings per share?
RAVE Restaurant earned $0.21 per diluted share in fiscal 2026, compared with $0.19 a year earlier.
When will RAVE Restaurant report its next earnings?
RAVE Restaurant is expected to report results for the quarter ending September 30, 2026 on November 5, 2026.
When does RAVE Restaurant's fiscal year end?
RAVE Restaurant's fiscal year ends in June. The latest annual report covers the year ended June 30, 2026 and was filed on September 24, 2026.