Cava Q4 Revenue Jumps 20.9% to $275M, Beats EPS and EBITDA Estimates
Cava’s Q4 CY2025 revenue rose 20.9% year-on-year to $275M, topping the $268.6M consensus, with GAAP EPS of $0.04 and adjusted EBITDA of $25.8M, beating estimates. Same-store sales unexpectedly increased on menu-price hikes, full-year revenue surpassed $1B, and Cava projected 2026 EBITDA of $180M.
1. Q4 CY2025 Financial Results
Cava generated $275M in Q4 CY2025 revenue, up 20.9% year-on-year, surpassing the $268.6M consensus. GAAP EPS was $0.04 per share versus the $0.03 forecast, while adjusted EBITDA reached $25.8M, representing a 9.4% margin and a 6% beat on estimates.
2. Same-Store Sales and Menu Pricing
Cava’s same-store sales rose unexpectedly as the company implemented menu-price increases to offset flat traffic, driving higher per-unit revenue and contributing to the quarter’s top-line outperformance.
3. FY2026 Guidance and Full-Year Revenue
The company reported full-year revenue exceeding $1B for the first time and issued FY2026 EBITDA guidance of $180M at the midpoint, slightly below the $182.8M analyst consensus.
4. Restaurant Network Growth
Cava expanded its footprint to 439 locations by quarter-end, up from 378 a year earlier, supporting its rapid sales growth through new market entries and restaurant openings.