Ark Restaurants Corp

arkrestaurants.com

What Do They Do?

Sells meals, drinks and catering services to restaurant guests and event customers through its restaurants, bars and fast-food concepts.

How Do They Make Money?

Restaurant guests pay for food, drinks and retail items when sold; catering customers pay a contract rate, and Ark earns the catering charge when the event is held.

revenue

Segment	Share	Revenue	How money arrives
Food and Beverage Sold outright	99% FY2022: 98%		Sold outright
Other revenue	1.5% FY2022: 2.0%

Who Are Their Customers?

Restaurant diners buy meals and drinks at its restaurants, bars and fast-food concepts; catering customers arrange events under contracts with the company.

Do Revenues Turn Into Profits?

No. It lost $11.5M in FY2025.

Operating income, FY2025

−2% of revenue

▼ −5% (Loss) vs FY2024 (−$4.3M, −2%)

Net income, FY2025

−7% of revenue

▲ +194% (Loss) vs FY2024 (−$3.9M, −2%)

Free cash flow, FY2025

−1% of revenue

▼ Now a loss vs FY2024 ($2.2M, 1%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q3 FY2026, the three months to Jun 27, 2026

Revenue: ▼ −6%; vs $43.7M in Q3 FY2025
Net income: ▼ −90% (Loss); vs −$3.5M in Q3 FY2025

Food and Beverage share of revenue vs 98.2% in Q3 FY2025

Aug 10, 2026 Court ordered eviction from Bryant Park locations; Ark appealed The court awarded damages on a lease-breach claim but ordered Ark's removal; Ark appealed, and a trial will determine damages.

Growing. Revenue grew 26% in 4 years, from $131.9M in FY2021 to $165.8M in FY2025, about 6% a year.

New food-court concept The latest report adds Lucky Pig within Village Eateries; the older report described the food court as a group of small restaurants and a full-service restaurant.

Revenue over time

Food and Beverage Other revenue

$200M$100M$0

FY2021 FY2022 FY2023 FY2024 FY2025

Comments