BJs Restaurants (BJRI) Q3 FY2026 earnings: revenue $359 million, up 8.6% on the year

BJs Restaurants Inc. (BJRI) reported revenue of $359 million for Q3 FY2026, the quarter ended 29 September 2026, up 8.6% on the same quarter a year earlier. Net income was $5 million, up 1043.4% on the year, and diluted earnings per share $0.24. The figures are the company's own, from the 10-Q it filed with the SEC on 6 November 2026.

Revenue

$359 million

+8.6% on the year · -7.8% on the quarter

Q4 FY2024Q3 FY2026

Operating margin

1.5%

-0.3% a year earlier

Q4 FY2024Q3 FY2026

Net income

$5 million

+1,043.4% on the year · -71.7% on the quarter

Q4 FY2024Q3 FY2026

Diluted EPS

$0.24

+1,100.0% on the year · -72.1% on the quarter

Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 3 raised, 1 lowered, 1 kept.

Revenue grew 8.6% on comparable sales: Revenues were $358.6 million, up 8.6% from $330.2 million a year earlier. Comparable restaurant sales rose 8.1%, against 0.5% in the same quarter last year.
Diluted EPS rose to $0.24: Diluted net income per share was $0.24, against $0.02 a year earlier. Adjusted diluted net income per share was $0.33, against $0.04.
Adjusted EBITDA up 48.6%: Adjusted EBITDA was $31.4 million, up 48.6% from $21.1 million. Net income was $5.3 million, against $0.5 million a year earlier.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	359	389	330	-7.8%	+8.6%
Cost of revenue	90.7	99.1	84.9	-8.4%	+6.9%
Gross profit	268	290	245	-7.6%	+9.2%
Gross margin	74.7%	74.5%	74.3%
Operating income	5.2	18.4	-1.0	-71.7%
Operating margin	1.5%	4.7%	-0.3%
Pre-tax income	4.7	19.0	-1.0	-75.5%
Income tax	-0.6	0.2	-1.5
Effective tax rate	-13.9%	1.3%	n/a
Net income	5.3	18.8	0.5	-71.7%	+1,043.4%
Net margin	1.5%	4.8%	0.1%
Diluted EPS	$0.24	$0.86	$0.02	-72.1%	+1,100.0%

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Operating cash flow	41.7	31.1	25.1	+34.4%	+66.6%
Capital expenditure	19.6	23.3	21.5	-16.0%	-8.8%
Free cash flow	22.2	7.7	3.6	+186.1%	+515.2%
Free cash flow margin	6.2%	2.0%	1.1%
Cash from investing	-20.4	-24.7	-21.5
Cash from financing	-22.8	-14.6	-4.1
Depreciation and amortisation	21.1	21.0	19.3	+0.6%	+9.2%
Share-based compensation	2.2	2.7	2.3	-17.4%	-3.0%
Buybacks	1.0	2.4	33.2	-56.9%	-96.9%
Dividends paid	n/a	n/a	0.0
Diluted shares, weighted	23m	22m	22m	+3.2%	+0.4%
Shares outstanding at period end	22m	21m	21m	+3.3%	+3.0%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Shareholders' equity	410	397	356	+3.2%	+15.1%
Debt	16.0	44.0	89.5	-63.6%	-82.1%
Operating lease liabilities	341	348	368	-2.0%	-7.3%
Other liabilities	218	203	209	+7.4%	+4.3%
Total liabilities and equity	985	992	1,022	-0.7%	-3.7%
Fixed assets	506	509	514	-0.5%	-1.5%
Goodwill	4.7	4.7	4.7	0.0%	0.0%
Intangible assets	2.6	1.6	n/a	+67.5%
Cash and equivalents	12.9	14.4	25.4	-10.3%	-49.1%
Receivables	16.9	16.7	16.1	+1.2%	+5.1%
Other assets	442	446	462	-1.0%	-4.5%
Total assets	985	992	1,022	-0.7%	-3.7%

Questions

What was BJs Restaurants' revenue in Q3 FY2026?

BJs Restaurants (BJRI) reported revenue of $359 million for Q3 FY2026, the quarter ended 29 September 2026, up 8.6% on the same quarter a year earlier.

How much did BJs Restaurants earn in Q3 FY2026?

Net income for Q3 FY2026 was $5 million, up 1043.4% on the year, and diluted earnings per share $0.24.

When did BJs Restaurants report Q3 FY2026 results?

BJs Restaurants filed its 10-Q for the quarter ended 29 September 2026 with the SEC on 6 November 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 *	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	291	299	330	311	344	341	350	319	324	337	350	326	344	348	366	330	355	358	389	359
Cost of revenue	79.7	81.5	90.9	85.0	92.2	90.9	90.6	82.7	82.4	85.0	89.8	86.7	89.1	86.8	90.8	84.9	90.8	89.9	99.1	90.7
Gross profit	212	217	239	226	252	250	259	236	241	252	260	239	255	261	275	245	265	268	290	268
Gross margin	73%	73%	72%	73%	73%	73%	74%	74%	75%	75%	74%	73%	74%	75%	75%	74%	74%	75%	75%	75%
Operating income	-8.0	-7.7	3.1	-5.2	4.2	2.6	10.2	-2.4	3.3	8.3	13.2	-2.6	-4.8	14.9	21.2	-1.0	11.1	10.6	18.4	5.2
Operating margin	-3%	-3%	1%	-2%	1%	1%	3%	-1%	1%	2%	4%	-1%	-1%	4%	6%	-0%	3%	3%	5%	1%
Pre-tax income	-7.4	-8.7	2.5	-5.8	3.6	1.7	9.7	-3.4	2.1	7.5	14.7	-3.2	-10.8	13.7	23.7	-1.0	10.9	9.1	19.0	4.7
Tax rate	n/a	n/a	88%	n/a	-9%	-106%	-23%	n/a	-286%	-2%	-16%	n/a	n/a	1%	6%	n/a	-16%	1%	1%	-14%
Net income	-4.7	1.5	0.3	-1.6	4.0	3.5	11.9	-3.8	8.1	7.7	17.2	-2.9	-5.3	13.5	22.2	0.5	12.6	9.0	18.8	5.3
Net margin	-2%	0%	0%	-1%	1%	1%	3%	-1%	2%	2%	5%	-1%	-2%	4%	6%	0%	4%	3%	5%	1%
Diluted EPS	-$0.19	$0.06	$0.01	-$0.07	$0.17	$0.15	$0.50	-$0.16	$0.34	$0.32	$0.72	-$0.13	-$0.23	$0.58	$0.97	$0.02	$0.58	$0.41	$0.86	$0.24
Operating cash flow	18.0	0.6	29.6	3.6	17.3	31.9	9.7	32.0	32.2	22.3	20.2	27.3	31.6	4.6	62.3	25.1	18.6	43.0	31.1	41.7
Capital expenditure	17.0	12.1	19.0	19.8	27.6	27.0	25.9	29.1	16.9	21.9	19.5	19.7	15.9	16.7	20.4	21.5	11.1	15.8	23.3	19.6
Free cash flow	1.0	-11.5	10.6	-16.3	-10.3	4.9	-16.2	3.0	15.3	0.4	0.7	7.6	15.8	-12.1	41.9	3.6	7.5	27.2	7.7	22.2
Buybacks	n/a	n/a	n/a	n/a	n/a	n/a	n/a	4.3	n/a	0.0	8.8	8.2	8.0	14.1	15.1	33.2	5.4	5.3	2.4	1.0
Dividends paid	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	n/a	n/a	n/a
Shares outstanding	23m	23m	23m	23m	23m	24m	24m	23m	23m	23m	23m	23m	23m	22m	22m	21m	21m	21m	21m	22m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 29 September 2026, filed 6 November 2026: the filing.