ONE Group Hospitality, Inc.

For the period ended Dec 28, 2025. Filed Mar 19, 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 Mar 19, 2026

STKS$1.01-14.4%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

(in thousands, except earnings per share and related share information)


· · For the year ended December 28, · · For the year ended December 31,
· · 2025 · · 2024
Revenues:
Owned restaurant net revenue	$791,762	$658,915
Management, license, franchise and incentive fee revenue	13,960	14,429
Total revenues	805,722	673,344
Cost and expenses:
Owned operating expenses:
Owned restaurant cost of sales	163,579	138,794
Owned restaurant operating expenses	503,070	413,587
Total owned operating expenses	666,649	552,381
General and administrative (including stock-based compensation of $5,440 and $6,017 for the years ended December 28, 2025 and December 31, 2024, respectively)	52,540	44,234
Depreciation and amortization	43,192	34,096
Transition and integration expenses	11,202	13,681
Loss on impairment of non-current assets	10,610	—
Lease termination and exit expenses	7,949	1,567
Pre-opening expenses	5,741	9,509
Transaction and exit costs	256	8,855
Other (income) expenses	(418)	124
Total costs and expenses	797,721	664,447
Operating income	8,001	8,897
Other expenses, net:
Interest expense, net of interest income	40,902	31,109
Loss on early debt extinguishment	—	4,149
Total other expenses, net:	40,902	35,258
Loss before provision (benefit) for income taxes	(32,901)	(26,361)
Provision (benefit) for income taxes	60,684	(8,434)
Net loss	(93,585)	(17,927)
Less: net loss attributable to noncontrolling interest	(1,344)	(829)
Net loss attributable to The ONE Group Hospitality, Inc.	$(92,241)	$(17,098)
Series A Preferred Stock paid-in-kind dividend and accretion	(33,218)	(19,142)
Net loss available to common stockholders	$(125,459)	$(36,240)

Net loss attributable to The ONE Group Hospitality, Inc. per share:
Basic loss per share	$(4.05)	$(1.16)
Diluted loss per share	$(4.05)	$(1.16)

Shares used in computing basic loss per share	31,015,129	31,154,765
Shares used in computing diluted loss per share	31,015,129	31,154,765

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.