Login
Red Robin Gourmet Burgers Inc logo

Red Robin Gourmet Burgers Inc

redrobin.com

What Do They Do?

Serves burgers and American favorites to guests of all ages in casual dining restaurants.

How Do They Make Money?

Diners pay for food and drinks at the point of sale. Franchisees remit royalties and advertising contributions as their sales occur; gift-card revenue comes when cards are redeemed or expected to go unused.

FY2025 revenue by product or service revenue
SegmentShareRevenue
Restaurant revenue
Sold outright

98%
FY2022: 97%
Franchise revenue
Usage-based
1.2%
FY2022: 1.5%
Other revenue
0.5%
FY2022: 1.3%

Who Are Their Customers?

Guests of all ages buy food and drinks at Red Robin restaurants, including company-owned and franchised locations; restaurant orders also come through third-party delivery.

Do Revenues Turn Into Profits?

Not on paper. It lost $23.3M in FY2025, but brought in more cash than it spent: $6.2M of free cash flow.

Operating income, FY2025
0% of revenue
▲ Now profitable vs FY2024 (−$53.1M, −4%)
Net income, FY2025
−2% of revenue
▼ −70% (Loss) vs FY2024 (−$77.5M, −6%)
Free cash flow, FY2025
1% of revenue
▲ Now profitable vs FY2024 (−$19M, −2%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jul 12, 2026
Revenue
▼ −2%
vs $283.7M in Q2 FY2025
Net income
▼ −90%
vs $4M in Q2 FY2025
Restaurant revenue share of revenue vs 98.5% in Q2 FY2025
  • Sep 1, 2026 Completed sales of 108 restaurants to three operators The buyers will operate the restaurants as franchised Red Robin locations; proceeds are intended primarily for debt repayment.
  • Jun 15, 2026 Agreed to sell 86 restaurants to two franchise operators The agreements would transfer the locations to franchise operators after closing.
  • May 28, 2026 Agreed to sell 30 restaurants to Evergreen Dining Evergreen was to operate the locations as franchised Red Robin restaurants after closing.
  • Apr 30, 2026 Appointed Mark Graff as chief financial officer Graff succeeded interim CFO Christopher Meyer.

Flat. Revenue was $1.2B in FY2025, about the same as the $1.2B of FY2021.

A new value meal offer The latest report describes the Big Yummm Burger Deal, released as an affordable meal option; the older report highlighted Red's Tavern Double and Red Robin's Finest burger lines.

Revenue over time
Restaurant revenue Franchise revenue Other revenue
$2B$1B$0

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support