Cheesecake Factory Q3 2026 10-Q: Revenue and Earnings Results

The Cheesecake Factory Incorporated filed its Form 10-Q for the quarterly period ended September 29, 2026 with the U.S. Securities and Exchange Commission on November 2, 2026, reporting financial results for both the thirteen weeks and thirty-nine weeks ended on that date.

Key Highlights

  • Quarterly revenue of $1.033 billion: The company reported revenues of $1,033,440 thousand for the thirteen weeks ended September 29, 2026, up from $907,226 thousand in the same period a year earlier.
  • Net income of $61.3 million: Net income for the thirteen-week quarter was $61,300 thousand, compared to $31,899 thousand for the thirteen weeks ended September 30, 2025.
  • Diluted EPS of $1.19: Diluted net income per share for the quarter was $1.19, versus $0.66 in the prior-year quarter.
  • Year-to-date revenue of $3.042 billion: For the thirty-nine weeks ended September 29, 2026, revenues totaled $3,041,906 thousand, compared to $2,790,248 thousand for the same period in 2025.
  • Total assets of $3.449 billion: As of September 29, 2026, total assets were $3,449,410 thousand, up from $3,261,672 thousand at December 30, 2025.
  • Cash and equivalents of $249.3 million: The company held $249,269 thousand in cash and cash equivalents at quarter-end, compared to $215,729 thousand at December 30, 2025.
  • 49,855,413 shares outstanding: As of October 26, 2026, 49,855,413 shares of common stock, $0.01 par value, were outstanding, according to the filing.

Third-Quarter and Year-to-Date Financial Results for The Cheesecake Factory

According to the filing, The Cheesecake Factory Incorporated (NASDAQ:CAKE) reported revenues of $1,033,440 thousand for the thirteen weeks ended September 29, 2026, an increase from $907,226 thousand in the comparable prior-year period. Income from operations for the quarter was $74,873 thousand, compared to $37,269 thousand for the thirteen weeks ended September 30, 2025. Net income for the quarter reached $61,300 thousand, yielding basic earnings per share of $1.31 and diluted earnings per share of $1.19, based on weighted-average diluted shares outstanding of 51,473 thousand.

For the thirty-nine weeks ended September 29, 2026, the company disclosed revenues of $3,041,906 thousand and net income of $179,242 thousand. Year-to-date diluted earnings per share were $3.62, based on weighted-average diluted shares of 49,487 thousand. By comparison, for the thirty-nine weeks ended September 30, 2025, revenues were $2,790,248 thousand and net income was $119,652 thousand, with diluted earnings per share of $2.46. The thirty-nine-week period in 2025 included a loss on extinguishment of debt of $15,891 thousand, which did not recur in 2026, according to the filing.

On the balance sheet, total liabilities were $2,875,344 thousand at September 29, 2026, with the current portion of long-term debt at $563,713 thousand, compared to $68,815 thousand at December 30, 2025. Long-term debt was reported as zero at quarter-end, versus $561,259 thousand at December 30, 2025. Total stockholders' equity increased to $574,066 thousand from $436,427 thousand at the prior fiscal year-end. The company also reported treasury stock of $(2,015,649) thousand, covering 60,431,258 shares at cost as of September 29, 2026.

What Was Disclosed

The Cheesecake Factory filed its quarterly report covering the period ended September 29, 2026, disclosing condensed consolidated balance sheets, income statements, statements of comprehensive income, statements of stockholders' equity, and cash flow statements, along with management's discussion and related notes.