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RRGB

Red Robin Gourmet Burgers, Inc.

RRGB

Red Robin Gourmet Burgers, Inc. • NASDAQ
$4.38 ▼ -0.45% (-0.02)
Market Cap $78.68 M
52w High $7.89
52w Low $2.50
Dividend Yield 0%
P/E -1.35
Volume 69.94K
Outstanding Shares 17.96M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $265.128M ▼ $91.314M ▲ $-18.419M ▼ -6.947% ▼ $-1.03 ▼ $-148K ▼
Q2-2025 $283.703M ▼ $23.512M ▼ $3.993M ▲ 1.407% ▲ $0.22 ▲ $21.324M ▼
Q1-2025 $392.351M ▲ $120.007M ▲ $1.249M ▲ 0.318% ▲ $0.071 ▲ $24.746M ▲
Q4-2024 $285.227M ▲ $118.54M ▲ $-39.716M ▼ -13.924% ▼ $-2.48 ▼ $-20.636M ▼
Q3-2024 $274.638M $41.152M $-18.876M -6.873% $-1.2 $678K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $21.671M ▼ $574.219M ▼ $670.309M ▲ $-96.09M ▼
Q2-2025 $24.37M ▲ $586.908M ▼ $665.551M ▼ $-78.643M ▲
Q1-2025 $24.15M ▼ $606.229M ▼ $686.641M ▼ $-80.412M ▲
Q4-2024 $30.651M ▲ $641.314M ▼ $725.583M ▲ $-84.269M ▼
Q3-2024 $21.988M $669.448M $722.785M $-53.337M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $3.993M ▲ $9.937M ▼ $-6.003M ▲ $-3.679M ▲ $253K ▲ $3.409M ▼
Q1-2025 $1.249M ▲ $19.574M ▲ $-6.379M ▲ $-19.308M ▼ $-6.111M ▼ $7.602M ▲
Q4-2024 $-39.716M ▼ $5.207M ▲ $-6.62M ▼ $10.526M ▼ $9.113M ▲ $-1.413M ▲
Q3-2024 $-18.876M ▼ $-12.406M ▼ $-4.542M ▲ $16.107M ▲ $-839K ▲ $-17.964M ▼
Q2-2024 $-9.489M $512K $-5.73M $-2.203M $-7.425M $-5.096M

Revenue by Products

Product Q2-2024Q3-2024Q4-2024Q2-2025
Food and Beverage
Food and Beverage
 $290.00M ▲$270.00M ▼$280.00M ▲$280.00M ▲
Franchise
Franchise
 $0 ▲$0 ▲$0 ▲$0 ▲
Products And Services Gift Card
Products And Services Gift Card
 $0 ▲$0 ▲$0 ▲$0 ▲
Products And Services Gift Card Breakage
Products And Services Gift Card Breakage
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Red Robin’s sales have recovered from the pandemic and are now a bit higher than a few years ago, but the company is still not consistently profitable. Profitability has improved compared with the worst year of the pandemic, yet the business continues to post net losses. Operating results hover around break-even, with thin margins that leave little room for mistakes or shocks in costs. The most recent year shows that while gross profitability looks much better than in the past, bottom‑line results remain in the red, which suggests that cost pressures, interest, and overhead are still weighing heavily on earnings. Overall, this is a restaurant chain with okay revenue but fragile and still negative earnings power.

Balance Sheet

Balance Sheet The balance sheet looks stretched. Total assets have been drifting down, while debt has stayed fairly high and only edged lower. Shareholders’ equity has moved from clearly positive to slightly negative, which means past losses have eaten into the financial cushion. Cash on hand is relatively small for a nationwide restaurant brand, which limits flexibility. In simple terms, Red Robin is carrying a lot of debt relative to its size and has very little balance sheet slack, so it is more exposed if business conditions soften or if it needs to invest heavily.

Cash Flow

Cash Flow Cash flows from day‑to‑day operations are positive but quite modest, leaving only a thin layer of cash generation after paying the bills. After accounting for capital spending on restaurants and equipment, free cash flow has been around break‑even to modestly negative in most recent years. That means the company often needs to rely on borrowing, lease structures, or other sources to fund investments and cover obligations. The cash profile is improving compared with the pandemic lows, but it is still tight and offers limited margin for error.

Competitive Edge

Competitive Edge Red Robin operates in a very crowded and price‑sensitive casual dining space, competing with national chains, local restaurants, and faster, cheaper formats. Its main strengths are brand recognition in burgers, the well‑known “bottomless fries” promise, a broad and customizable menu, and a clearly family‑oriented atmosphere. The loyalty program and the Donatos pizza partnership give it some additional points of differentiation and tools to drive repeat visits. However, the overall restaurant market is highly competitive, customer tastes change quickly, and traffic is vulnerable to economic slowdowns, so any advantage needs constant reinforcement through good execution and marketing.

Innovation and R&D

Innovation and R&D For a restaurant chain, Red Robin is leaning reasonably hard into innovation on both the food and operations side. The company is focusing on better cooking equipment, higher‑quality ingredients, and a simpler menu to improve consistency and speed in the kitchen. It is also using technology—such as mobile ordering, a loyalty app, delivery integrations, and in‑restaurant tablets—to make ordering more convenient and to understand guest behavior. The Donatos pizza partnership, seasonal menu launches, and ongoing restaurant refreshes show a willingness to experiment within its brand. The big question is less about ideas and more about execution: whether these initiatives can meaningfully lift traffic and margins across the whole system, not just in pockets.

Summary

Red Robin today looks like a brand in the middle of a turnaround: sales are stable to slightly growing, and the company is clearly working to improve the guest experience and streamline operations. At the same time, it still has structural financial challenges—ongoing net losses, a leveraged balance sheet with negative equity, and only modest, sometimes negative, free cash flow. The strategy built around its “North Star” plan, menu innovation, technology, and the Donatos partnership gives it a plausible path to better performance, but the room for missteps is limited given the tight finances and tough casual dining environment. The story is about whether operational improvements and brand strengths can outpace cost pressures, competition, and the weight of its existing debt over the next few years.

NEWS

November 10, 2025 · 4:25 PM UTC

Red Robin Announces At-The-Market Equity Offering Program

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November 10, 2025 · 4:05 PM UTC

Red Robin Gourmet Burgers, Inc. Reports Results for the Fiscal Third Quarter Ended October 5, 2025

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November 5, 2025 · 4:10 PM UTC

Red Robin Gourmet Burgers, Inc. Announces Leadership Transitions

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November 3, 2025 · 8:17 AM UTC

Savor the Season at Red Robin with Holiday Celebration of Festive Flavor, Value and Gifting

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October 27, 2025 · 4:05 PM UTC

Red Robin Gourmet Burgers, Inc. to Release Fiscal Third Quarter 2025 Results on November 10, 2025

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