Kura Sushi USA, Inc. (KRUS) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2026, filed Jul 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the KRUS SEC filings page.
Kura Sushi USA, Inc. (KRUS) reported $318.8M in revenue over the twelve months to May 31, 2026, up 18.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Rapid expansion is increasing scale, yet cash-consuming reinvestment continues while operating margins move closer to break-even.
The cash-conversion gap is the key operating signal: in FY2025, operating cash flow was$24.7M , but free cash flow was-$21.4M , so internally generated cash did not cover reinvestment. EBITDA reached$9.3M while the company still reported a net loss of$1.9M , showing that the expanding asset base carries a meaningful depreciation burden.
The margin recovery matters more than the top-line increase: revenue reached
The larger asset base reached
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Kura Sushi USA, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Kura Sushi USA, Inc. has an operating margin of -1.7%, meaning the company loses $2 on every $100 of revenue. This results in a profitability score of 30/100. This is up from -4.8% the prior year.
Kura Sushi USA, Inc.'s revenue surged 18.9% year-over-year to $282.8M, reflecting rapid business expansion. This strong growth earns a score of 85/100.
Kura Sushi USA, Inc. has a moderate D/E ratio of 0.86. This balance of debt and equity financing earns a leverage score of 50/100.
Kura Sushi USA, Inc.'s current ratio of 1.76 indicates adequate short-term liquidity, earning a score of 52/100. The company can meet its near-term obligations, though with limited headroom.
While Kura Sushi USA, Inc. generated $24.7M in operating cash flow, capex of $46.1M consumed most of it, leaving -$21.4M in free cash flow. This results in a low score of 12/100, reflecting heavy capital investment rather than weak cash generation.
Kura Sushi USA, Inc. posts a -0.8% return on equity (ROE), meaning it loses $1 for every $100 of shareholders' equity. This results in a returns score of 29/100. This is up from -5.4% the prior year.
Kura Sushi USA, Inc. scores 2.08, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($492.4M) relative to total liabilities ($199.9M). This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Kura Sushi USA, Inc. passes 3 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
Kura Sushi USA, Inc. reported a net loss of $1.9M while generating $24.7M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Kura Sushi USA, Inc. reported an operating loss of $4.8M against $70K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Kura Sushi USA, Inc. generated $85.9M in revenue in Q3 2026. This represents an increase of 16.2% from the same quarter a year earlier. Against the prior quarter it is up 7.4%.
Kura Sushi USA, Inc.'s EBITDA was $4.3M in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 23.9% from the same quarter a year earlier. Against the prior quarter it is up 105.6%.
Kura Sushi USA, Inc. reported $423K in net income in Q3 2026. This represents a decrease of 25.1% from the same quarter a year earlier. Against the prior quarter it is up 124.7%.
Kura Sushi USA, Inc. earned $0.03 per diluted share (EPS) in Q3 2026. This represents a decrease of 40.0% from the same quarter a year earlier. Against the prior quarter it is up 121.4%.
Cash & Balance Sheet
Kura Sushi USA, Inc. recorded an outflow of $3.7M in free cash flow in Q3 2026, representing a cash shortfall after capex. This represents an increase of 46.5% from the same quarter a year earlier. Against the prior quarter it is up 53.2%.
Kura Sushi USA, Inc. held $24.4M in cash as of Q3 2026; long-term debt is not reported for that period.
Not reported for Q3 2026.
Margins & Returns
Kura Sushi USA, Inc.'s operating margin was -0.1% in Q3 2026, reflecting core business profitability. This is up 0.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.7 percentage points.
Kura Sushi USA, Inc.'s net profit margin was 0.5% in Q3 2026, showing the share of revenue converted to profit. This is down 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.6 percentage points.
Kura Sushi USA, Inc.'s ROE was 0.2% in Q3 2026, measuring profit generated per dollar of shareholder equity. This is down 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.9 percentage points.
Not reported for Q3 2026.
Capital Allocation
Kura Sushi USA, Inc. invested $14.0M in capex in Q3 2026, funding long-term assets and infrastructure. This represents an increase of 3.1% from the same quarter a year earlier. Against the prior quarter it is down 9.2%.
Not reported for Q3 2026.
Not reported for Q3 2026.
KRUS Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $85.9M+16.2% | $80.0M+23.3% | $73.5M+14.0% | $79.4M+20.4% | $74.0M+17.3% | $64.9M+13.3% | $64.5M+25.2% | $66.0M+20.2% |
| SG&A Expenses | $10.2M+16.6% | $11.0M-0.2% | $9.6M+9.4% | $9.3M-30.8% | $8.7M-1.3% | $11.0M+34.5% | $8.7M+1.4% | $13.4M+84.8% |
| Operating Income | -$39K+75.9% | -$2.2M+51.4% | -$3.7M-149.7% | $1.5M+125.2% | -$162K+86.1% | -$4.6M-171.5% | -$1.5M+48.1% | -$5.8M-360.4% |
| EBITDA | $4.3M+23.9% | $2.1M+274.3% | $429K-75.1% | $5.3M+302.8% | $3.4M+69.3% | -$1.2M-207.1% | $1.7M+816.2% | -$2.6M-158.2% |
| Interest Expense | $17K-43.3% | $15K+15.4% | $18K+38.5% | $14K+16.7% | $30K+100.0% | $13K+8.3% | $13K+62.5% | $12K-25.0% |
| Income Tax | $49K-10.9% | $51K+34.2% | $36K-7.7% | $43K+126.3% | $55K-8.3% | $38K-24.0% | $39K+2.6% | $19K-88.6% |
| Net Income | $423K-25.1% | -$1.7M+54.7% | -$3.1M-218.4% | $2.3M+143.7% | $565K+201.3% | -$3.8M-278.9% | -$961K+53.1% | -$5.2M-277.8% |
| EPS (Basic) | $0.03-40.0% | -$0.14+54.8% | -$0.25-212.5% | $0.19+140.4% | $0.05+200.0% | -$0.31-244.4% | -$0.08+55.6% | -$0.47-262.1% |
| EPS (Diluted) | $0.03-40.0% | -$0.14+54.8% | -$0.25-212.5% | $0.19+140.4% | $0.05+200.0% | -$0.31-244.4% | -$0.08+55.6% | -$0.47-267.9% |
| Diluted Shares (Avg) | 12M+0.4% | 12M+0.4% | 12M+6.1% | N/A | 12M+10.0% | 12M+8.0% | 11M+2.4% | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
KRUS Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $471.6M+12.4% | $461.0M+12.3% | $443.5M+9.8% | $430.9M+31.2% | $419.4M+29.1% | $410.4M+30.1% | $403.8M+30.5% | $328.5M+7.8% |
| Current Assets | $58.9M-18.2% | $62.8M-33.7% | $64.8M-45.2% | $75.4M+23.0% | $72.0M-0.4% | $94.7M+27.6% | $118.3M+44.1% | $61.3M-31.4% |
| Cash & Equivalents | $24.4M-48.3% | $26.6M-68.8% | $35.4M-67.2% | $47.5M-6.8% | $47.1M-20.7% | $85.2M+50.0% | $107.7M+67.8% | $51.0M-26.8% |
| Short-Term Investments | $19.9M+49.2% | $21.4M | $15.3M | $15.0M | $13.4M+969.7% | $0-100.0% | $0-100.0% | $0-100.0% |
| Inventory | $2.6M+11.6% | $2.6M+8.7% | $2.5M+16.4% | $2.1M-3.5% | $2.3M+7.6% | $2.4M+25.6% | $2.1M+19.0% | $2.2M+27.0% |
| Long-Term Investments | $21.8M-33.0% | $21.7M+43.4% | $27.8M | $29.5M | $32.5M | $15.1M | $0 | $0 |
| Total Liabilities | $240.7M+25.1% | $232.2M+25.3% | $214.3M+21.6% | $199.9M+20.4% | $192.4M+21.5% | $185.3M+23.3% | $176.2M+21.0% | $166.0M+18.5% |
| Current Liabilities | $46.9M+21.6% | $43.0M+21.2% | $40.3M+18.2% | $42.8M+24.0% | $38.5M+14.4% | $35.5M+16.0% | $34.1M+9.7% | $34.5M+18.4% |
| Non-Current Liabilities | $193.8M+26.0% | $189.2M+26.2% | $174.0M+22.5% | $157.1M+19.5% | $153.8M+23.4% | $149.9M+25.2% | $142.1M+24.1% | $131.5M+18.6% |
| Total Equity | $230.8M+1.7% | $228.8M+1.7% | $229.2M+0.7% | $231.1M+42.2% | $227.0M+36.4% | $225.0M+36.2% | $227.6M+39.0% | $162.5M-1.3% |
| Retained Earnings | -$39.2M-5.6% | -$39.7M-5.1% | -$38.0M-11.8% | -$34.9M-5.8% | -$37.2M-33.7% | -$37.7M-38.6% | -$33.9M-29.4% | -$33.0M-36.4% |
Not reported in any period shown, so not listed: Accounts Receivable, Goodwill, Long-Term Debt.
KRUS Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $10.3M+53.9% | $7.6M+77.4% | $529K-87.9% | $9.4M+1301.0% | $6.7M-23.0% | $4.3M+12.4% | $4.4M+79.7% | $669K-93.9% |
| Depreciation & Amortization | $4.3M+19.4% | $4.3M+26.5% | $4.1M+28.4% | $3.9M+22.6% | $3.6M+12.5% | $3.4M+21.4% | $3.2M+23.1% | $3.2M+40.6% |
| Stock-Based Compensation | N/A | N/A | $1.1M-2.4% | N/A | N/A | N/A | $1.1M+11.9% | N/A |
| Capital Expenditures | $14.0M+3.1% | $15.4M+33.5% | $13.8M+19.7% | $9.5M-8.0% | $13.6M+22.1% | $11.6M-14.1% | $11.6M+23.0% | $10.3M-13.3% |
| Free Cash Flow | -$3.7M+46.5% | -$7.9M-7.9% | -$13.3M-84.9% | -$79K+99.2% | -$6.9M-185.6% | -$7.3M+24.5% | -$7.2M-3.2% | -$9.6M-1027.3% |
| Investing Cash Flow | -$12.9M+71.1% | -$16.4M+39.1% | -$12.7M-1.3% | -$9.5M-3.7% | -$44.8M-576.8% | -$26.9M-113.1% | -$12.5M-55.9% | -$9.2M+27.4% |
| Financing Cash Flow | $365K+1006.1% | $72K-44.2% | $1K-100.0% | $535K+365.2% | $33K-93.8% | $129K-91.0% | $64.8M+115666.1% | $115K-87.1% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
KRUS Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | -0.1%+0.2pp | -2.8%+4.3pp | -5.0%-2.7pp | 1.8%+10.6pp | -0.2%+1.6pp | -7.1%-4.1pp | -2.3%+3.2pp | -8.8%-12.8pp |
| Net Margin | 0.5%-0.3pp | -2.1%+3.7pp | -4.2%-2.7pp | 2.9%+10.7pp | 0.8%+1.6pp | -5.8%-4.1pp | -1.5%+2.5pp | -7.9%-13.2pp |
| Return on Equity | 0.2%-0.1pp | -0.8%+0.9pp | -1.3%-0.9pp | 1.0%+4.2pp | 0.3%+0.6pp | -1.7%-1.1pp | -0.4%+0.8pp | -3.2%-5.0pp |
| Return on Assets | 0.1%0.0pp | -0.4%+0.5pp | -0.7%-0.5pp | 0.5%+2.1pp | 0.1%+0.3pp | -0.9%-0.6pp | -0.2%+0.4pp | -1.6%-2.5pp |
| Current Ratio | 1.26-0.6x | 1.46-1.2x | 1.61-1.9x | 1.760.0x | 1.87-0.3x | 2.67+0.2x | 3.47+0.8x | 1.78-1.3x |
| Debt-to-Equity | 1.04+0.2x | 1.01+0.2x | 0.94+0.2x | 0.86-0.2x | 0.85-0.1x | 0.82-0.1x | 0.77-0.1x | 1.02+0.2x |
| Asset Turnover | 0.180.0x | 0.170.0x | 0.170.0x | 0.180.0x | 0.180.0x | 0.160.0x | 0.160.0x | 0.200.0x |
| FCF Margin | -4.3%+5.0pp | -9.8%+1.4pp | -18.1%-6.9pp | -0.1%+14.4pp | -9.3%-5.5pp | -11.2%+5.6pp | -11.2%+2.4pp | -14.5%-13.0pp |
Not reported in any period shown, so not listed: Gross Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Kura Sushi USA, Inc. KRUS | FY2025 | $282.8M | -$1.9M | -0.7% | $492.4M | 43/100 |
| First Watch Restaurant Group, Inc. FWRG | FY2025 | $1.2B | $19.4M | 1.6% | $676.4M | 39/100 |
| Sweetgreen, Inc. SG | FY2025 | $679.5M | -$134.1M | -19.7% | $1.1B | 33/100 |
| SUPER HI INTERNATIONAL HOLDING LTD. HDL | FY2025 | $686.4M | $25.3M | 3.7% | $700.2M | 39/100 |
| Cracker Barrel Old Country Store, Inc,. CBRL | FY2026 | $3.3B | $31.7M | 1.0% | $1.2B | 27/100 |
| Biglari Holdings Inc. BH | FY2025 | $395.3M | -$37.5M | -9.5% | $1.2B | 42/100 |
Where Kura Sushi USA, Inc. Ranks
Frequently Asked Questions
What is Kura Sushi USA, Inc.'s annual revenue?
Kura Sushi USA, Inc. (KRUS) reported $282.8M in total revenue for fiscal year 2025. This represents a 18.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Kura Sushi USA, Inc.'s revenue growing?
Kura Sushi USA, Inc. (KRUS) revenue grew by 18.9% year-over-year, from $237.9M to $282.8M in fiscal year 2025.
Is Kura Sushi USA, Inc. profitable?
No, Kura Sushi USA, Inc. (KRUS) reported a net income of -$1.9M in fiscal year 2025, with a net profit margin of -0.7%.
What is Kura Sushi USA, Inc.'s EBITDA?
Kura Sushi USA, Inc. (KRUS) had EBITDA of $9.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Kura Sushi USA, Inc.'s operating margin?
Kura Sushi USA, Inc. (KRUS) had an operating margin of -1.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Kura Sushi USA, Inc.'s net profit margin?
Kura Sushi USA, Inc. (KRUS) had a net profit margin of -0.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Kura Sushi USA, Inc.'s return on equity (ROE)?
Kura Sushi USA, Inc. (KRUS) has a return on equity of -0.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Kura Sushi USA, Inc.'s free cash flow?
Kura Sushi USA, Inc. (KRUS) recorded an outflow of $21.4M in free cash flow during fiscal year 2025. This represents a 25.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Kura Sushi USA, Inc.'s operating cash flow?
Kura Sushi USA, Inc. (KRUS) generated $24.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Kura Sushi USA, Inc.'s total assets?
Kura Sushi USA, Inc. (KRUS) had $430.9M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Kura Sushi USA, Inc.'s capital expenditures?
Kura Sushi USA, Inc. (KRUS) invested $46.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Kura Sushi USA, Inc.'s current ratio?
Kura Sushi USA, Inc. (KRUS) had a current ratio of 1.76 as of fiscal year 2025, which is generally considered healthy.
What is Kura Sushi USA, Inc.'s debt-to-equity ratio?
Kura Sushi USA, Inc. (KRUS) had a debt-to-equity ratio of 0.86 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Kura Sushi USA, Inc.'s return on assets (ROA)?
Kura Sushi USA, Inc. (KRUS) had a return on assets of -0.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Kura Sushi USA, Inc.'s P/E ratio?
Kura Sushi USA, Inc. (KRUS) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to May 31, 2026). The market capitalization is $492.4M as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Kura Sushi USA, Inc.'s price-to-sales ratio?
Kura Sushi USA, Inc. (KRUS) trades at 1.5x sales, its market capitalization divided by revenue of $318.8M revenue, trailing 12 months to May 31, 2026. The market capitalization is $492.4M as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Kura Sushi USA, Inc.'s Altman Z-Score?
Kura Sushi USA, Inc. (KRUS) has an Altman Z-Score of 2.08, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Kura Sushi USA, Inc.'s Piotroski F-Score?
Kura Sushi USA, Inc. (KRUS) has a Piotroski F-Score of 3 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Kura Sushi USA, Inc.'s earnings high quality?
Kura Sushi USA, Inc. (KRUS) reported a net loss of $1.9M while generating $24.7M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Kura Sushi USA, Inc. cover its interest payments?
Kura Sushi USA, Inc. (KRUS) reported an operating loss of $4.8M against $70K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Kura Sushi USA, Inc.?
Kura Sushi USA, Inc. (KRUS) scores 43 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.