CHEESECAKE FACTORY INC

For the period ended Dec 30, 2025. Filed Feb 23, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 23, 2026

CAKE$108.80-1.9%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income

(In thousands, except per share data)


· · Fiscal Year
· · 2025 · · 2024 · · 2023

Revenues	$3,751,806	$3,581,699	$3,439,503
Costs and expenses:
Food and beverage costs	813,147	806,021	803,500
Labor expenses	1,312,894	1,264,382	1,227,895
Other operating costs and expenses	1,014,015	959,221	922,428
General and administrative expenses	244,915	228,737	217,449
Depreciation and amortization expenses	109,031	101,450	93,136
Impairment of assets and lease termination expenses	22,990	13,647	29,464
Acquisition-related contingent consideration, compensation and amortization expenses	14,449	2,429	11,686
Preopening costs	33,080	27,495	25,379
Total costs and expenses	3,564,521	3,403,382	3,330,937
Income from operations	187,285	178,317	108,566
Interest expense, net	(10,448)	(10,107)	(10,160)
Loss on extinguishment of debt	(15,891)	—	—
Other income, net	1,949	2,837	1,608
Income before income taxes	162,895	171,047	100,014
Income tax provision/(benefit)	14,468	14,264	(1,337)
Net income	$148,427	$156,783	$101,351

Net income per common share:
Basic	$3.17	$3.28	$2.10
Diluted (Note 1)	$3.06	$3.20	$2.07

Weighted-average common shares outstanding:
Basic	46,786	47,789	48,324
Diluted	48,551	48,974	49,050

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.