Every 10-Q that Red Robin Gourmet Burgers Inc (RRGB) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow RRGB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full RRGB filings page.
Red Robin Gourmet Burgers, Inc. reported softer results for Q2 2026 and year‑to‑date 2026 while preparing a major shift toward franchising. Q2 total revenues were $277.6 million, down 2.1% year over year, with restaurant revenue down 2.4% but comparable restaurant revenue up 1.3% on higher average check.
Q2 net income was $0.4 million versus $4.0 million a year earlier, and year‑to‑date the company posted a $1.8 million net loss versus prior‑year profit. Adjusted EBITDA declined to $18.9 million for Q2 and $46.2 million year‑to‑date. Restaurant‑level operating margin held at 14.7%, supported by labor efficiency and lower depreciation, though commodity inflation and higher marketing spend weighed on results.
The balance sheet shows $167.2 million of debt under a variable‑rate credit facility and negative equity of $105.6 million, with liquidity of about $47.8 million. Operating cash flow fell to $14.5 million year‑to‑date from $29.5 million. The company entered agreements to refranchise 116 restaurants for roughly $96 million in aggregate consideration, expecting to use net proceeds primarily to repay borrowings and to convert these locations to long‑term royalty streams.
Red Robin Gourmet Burgers reported a small net loss for the first quarter of 2026 as sales softened and one-time costs rose. Total revenues were $378.3 million, down 3.6% from $392.4 million a year earlier, driven mainly by the closure of 22 company-owned locations and slightly lower comparable sales.
Comparable restaurant revenue declined 0.6%, with guest counts down 1.6% and average check up 1.0%. Net loss was $2.2 million, compared to net income of $1.2 million last year, reflecting higher marketing spending and $4.8 million of other charges, including asset impairments and closure costs. Adjusted EBITDA was $27.3 million versus $27.9 million.
The company ended the quarter with 379 company-owned and 90 franchised restaurants. Liquidity totaled about $40.8 million, including $33.9 million of cash and restricted cash and $16.5 million of available borrowing capacity on its credit facility, with $175.7 million of total borrowings outstanding.
Red Robin Gourmet Burgers (RRGB) reported Q3 results marked by steady operations, margin mix shifts, and a modest net loss improvement. Total revenues were $265.1 million, down 3.5% year over year as comparable restaurant revenue decreased 1.2% and closures reduced sales. Net loss was $18.4 million, slightly better than last year’s $18.9 million. Adjusted EBITDA rose to $7.6 million, up 81%, reflecting lower labor as a percent of sales and disciplined G&A.
Restaurant-level operating profit improved to $25.8 million (9.9% margin) from $24.2 million (9.0%). Cost of sales increased to 25.0% of restaurant revenue on higher commodities and value discounts, while labor decreased to 37.3% on efficiency gains. The company ended the quarter with 480 locations (390 company-owned), after closing 7 units in the quarter and 17 year-to-date.
Liquidity totaled approximately $50.7 million, including $29.0 million of revolver capacity; outstanding borrowings were $177.7 million. A subsequent Fourth Amendment extends credit facility maturities by six months to September 3, 2027 and adds a 2.00% lender fee due March 5, 2027, with about $1.0 million in amendment fees incurred.