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	Q3 2024^† 3 months ended Sep 29, 2024
Revenue
Total revenue	140,009	146,836	142,019	145,280^†	143,365
Royalties	21,582	22,169	21,773	22,417^†	22,353
Restaurant Sales	96,643	102,388	99,415	100,893^†	99,238
Advertising fees	9,143	9,667	9,764	9,904^†	9,708
Factory revenues	9,649	10,250	8,811	9,350^†	9,490
Franchise fees	1,503	1,124	1,190	1,317^†	2,576
Other revenue	1,489	1,238	1,066	1,399^†	0
Costs and expenses
General and administrative expense	42,665	44,415	33,043	34,520^†	34,481
Cost of restaurant and factory revenues	94,613	98,050	96,097	97,176^†	96,792
Depreciation and amortization	7,909	8,382	10,391	10,352^†	10,736
Refranchising loss (gain)	24	(9)	(22)	109^†	157
Advertising fees	12,164	11,548	11,076	11,825^†	10,032
Total costs and expenses	157,375	162,386	150,585	184,582^†	152,198
Loss from operations	(17,366)	(15,550)	(8,566)	(39,302)^†	(8,833)
Other (expense) income, net
Interest expense	(37,101)	(34,952)	(31,444)	(30,262)^†	(31,109)
Interest expense related to preferred shares	(4,418)	(4,417)	(4,418)	(4,417)^†	(4,418)
Net gain on extinguishment of debt	357	0	(151)	(2,225)^†	0
Other income (loss), net	173	7	37	468^†	(252)
Total other expense, net	(40,989)	(39,362)	(35,976)	(36,436)^†	(35,779)
Loss before income tax provision	(58,355)	(54,912)	(44,542)	(75,738)^†	(44,612)
Income tax provision	1,100	(457)	(1,769)	(8,321)^†	143
Net loss	(59,455)	(55,369)	(46,311)	—	(44,755)^†
Less: Net loss attributable to non-controlling interest	1,236	(1,181)	(342)	—	0^†
Net loss attributable to FAT Brands Inc.	(58,219)	(54,188)	(45,969)	(67,417)^†	(44,755)
Dividends on preferred shares	(2,317)	(2,310)	(2,231)	(2,043)^†	(1,935)
Net loss available to common stockholders, basic	(60,536)	(56,498)	(48,200)	(69,460)^†	(46,690)
Net loss available to common stockholders, diluted	(60,536)	(56,498)	(48,200)	(69,460)^†	(46,690)
Basic loss per common share (in dollars per share)	(3.39)	(3.17)	(2.73)	—	(2.74)
Diluted loss per common share (in dollars per share)	(3.39)	(3.17)	(2.73)	—	(2.74)
Basic weighted average shares outstanding (in shares)	17,872,052	17,821,815	17,632,860	—	17,052,007
Diluted weighted average shares outstanding (in shares)	17,872,052	17,821,815	17,632,860	—	17,052,007
Cash dividends declared per common share (in dollars per share)	0.00	0.00	0.00	—	0.14

† 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.