FAT · As filed with the SEC
Fat Brands income statement, by quarter
The statement as Fat Brands presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS · USD thousands, except per-share amounts
| USD thousands, except per-share amounts | Q3 2025 3 months ended Sep 28, 2025 | Q2 2025 3 months ended Jun 29, 2025 | Q1 2025 3 months ended Mar 30, 2025 | Q4 2024† 3 months ended Dec 29, 2024 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | 140,009 | 146,836 | 142,019 | 145,280† |
| Royalties | 21,582 | 22,169 | 21,773 | 22,417† |
| Restaurant Sales | 96,643 | 102,388 | 99,415 | 100,893† |
| Advertising fees | 9,143 | 9,667 | 9,764 | 9,904† |
| Factory revenues | 9,649 | 10,250 | 8,811 | 9,350† |
| Franchise fees | 1,503 | 1,124 | 1,190 | 1,317† |
| Other revenue | 1,489 | 1,238 | 1,066 | 1,399† |
| Costs and expenses | ||||
| General and administrative expense | 42,665 | 44,415 | 33,043 | 34,520† |
| Cost of restaurant and factory revenues | 94,613 | 98,050 | 96,097 | 97,176† |
| Depreciation and amortization | 7,909 | 8,382 | 10,391 | 10,352† |
| Refranchising loss (gain) | 24 | (9) | (22) | 109† |
| Advertising fees | 12,164 | 11,548 | 11,076 | 11,825† |
| Total costs and expenses | 157,375 | 162,386 | 150,585 | 184,582† |
| Loss from operations | (17,366) | (15,550) | (8,566) | (39,302)† |
| Other (expense) income, net | ||||
| Interest expense | (37,101) | (34,952) | (31,444) | (30,262)† |
| Interest expense related to preferred shares | (4,418) | (4,417) | (4,418) | (4,417)† |
| Net gain on extinguishment of debt | 357 | 0 | (151) | (2,225)† |
| Other income (loss), net | 173 | 7 | 37 | 468† |
| Total other expense, net | (40,989) | (39,362) | (35,976) | (36,436)† |
| Loss before income tax provision | (58,355) | (54,912) | (44,542) | (75,738)† |
| Income tax provision | 1,100 | (457) | (1,769) | (8,321)† |
| Net loss | (59,455) | (55,369) | (46,311) | — |
| Less: Net loss attributable to non-controlling interest | 1,236 | (1,181) | (342) | — |
| Net loss attributable to FAT Brands Inc. | (58,219) | (54,188) | (45,969) | (67,417)† |
| Dividends on preferred shares | (2,317) | (2,310) | (2,231) | (2,043)† |
| Net loss available to common stockholders, basic | (60,536) | (56,498) | (48,200) | (69,460)† |
| Net loss available to common stockholders, diluted | (60,536) | (56,498) | (48,200) | (69,460)† |
| Basic loss per common share (in dollars per share) | (3.39) | (3.17) | (2.73) | — |
| Diluted loss per common share (in dollars per share) | (3.39) | (3.17) | (2.73) | — |
| Basic weighted average shares outstanding (in shares) | 17,872,052 | 17,821,815 | 17,632,860 | — |
| Diluted weighted average shares outstanding (in shares) | 17,872,052 | 17,821,815 | 17,632,860 | — |
| Cash dividends declared per common share (in dollars per share) | 0.00 | 0.00 | 0.00 | — |
† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.