Kura Sushi Usa (KRUS) FY2025 results: revenue $283 million, up 18.9% on the year
Kura Sushi Usa, Inc. (KRUS) reported revenue of $283 million for fiscal 2025, the year ended 31 August 2025, up 18.9% on the year before. Net income was -$2 million, and diluted earnings per share $-0.16. The figures are the company's own, from the 10-K it filed with the SEC on 6 November 2025.
Revenue
$283 million
+18.9% on the year
FY2018FY2025
Operating margin
-1.7%
-4.8% a year earlier
FY2018FY2025
Net income
-$2 million
FY2018FY2025
Diluted EPS
-$0.16
FY2018FY2025
this yearthe year beforeHover a bar for its figure.
The year in brief
What management said about the year
Guidance figures: 6 new.
Fourth-quarter sales reached $79.4 million: Total sales were $79.4 million against $66.0 million a year earlier. The company reported three new restaurants opened in the quarter.
Full-year sales of $282.8 million: Fiscal 2025 total sales were $282.8 million, up from $237.9 million in fiscal 2024. The year included 15 new restaurants.
Fourth-quarter comparable sales up 0.2%: Comparable restaurant sales rose 0.2%, with traffic up 0.5% and price/mix down 0.3%.
Full-year comparable sales down 1.3%: Comparable restaurant sales fell 1.3% for fiscal 2025, with traffic down 3.1% and price/mix up 1.8%.
Other costs rose on deleverage: Other costs were 15.0% of sales against 14.4%, attributed to sales deleverage and higher marketing costs.
$ million except per share. Read moreFree 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
FY2025
FY2024
FY2023
On the year
Last 8 years
Operating cash flow
24.7
15.6
18.1
+58.3%
Capital expenditure
46.1
44.3
39.1
+4.3%
Free cash flow
-21.4
-28.6
-21.0
Free cash flow margin
-7.6%
-12.0%
-11.2%
Cash from investing
-93.7
-36.5
-49.9
Cash from financing
65.5
2.1
65.8
+2,966.3%
Depreciation and amortisation
14.0
11.8
7.8
+19.2%
Share-based compensation
4.7
4.3
3.5
+9.8%
Diluted shares, weighted
12m
11m
11m
+6.4%
Balance sheet
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Shareholders' equity
231
163
165
+42.2%
Debt
0.0
0.0
0.0
Operating lease liabilities
156
131
110
+19.3%
Finance lease liabilities
n/a
n/a
0.0
Other liabilities
43.9
35.3
29.8
+24.5%
Total liabilities and equity
431
329
305
+31.2%
Fixed assets
171
139
106
+23.5%
Investments
44.5
0.0
8.5
Cash and equivalents
47.5
51.0
69.7
-6.8%
Receivables
6.4
4.6
5.0
+40.2%
Inventory
2.1
2.2
1.7
-3.5%
Other assets
159
132
113
+20.5%
Total assets
431
329
305
+31.2%
10-K for the year ended 31 August 2025, filed 6 November 2025: the filing.