BJs Restaurants (BJRI) financial statements
BJs Restaurants reported revenue of $1.4B in fiscal 2025, up 3.9% a year over 9 years.
Net income was $49M and the operating margin 3.3%, against 6.2% in 2016.
Free cash flow was $41M, and the company returned $68M in net buybacks.
The diluted share count fell 7% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from BJs Restaurants's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $993M | $1.0B | $1.1B | $1.2B | $779M | $1.1B | $1.3B | $1.3B | $1.4B | $1.4B |
| Cost of revenue | $251M | $269M | $282M | $295M | $196M | $288M | $350M | $347M | $351M | $353M |
| Gross profit | $742M | $763M | $835M | $866M | $583M | $799M | $934M | $987M | $1.0B | $1.0B |
| Selling, general and admin | $55M | $55M | $60M | $63M | $55M | $68M | $73M | $82M | $88M | $91M |
| Operating income | $62M | $38M | $58M | $49M | -$86M | -$17M | -$5M | $14M | $14M | $46M |
| Interest expense | $1M | — | — | — | — | — | — | — | — | — |
| Pre-tax income | $61M | $35M | $52M | $46M | -$90M | -$19M | -$8M | $10M | $8M | $47M |
| Income tax | $16M | -$9M | $1M | $1M | -$32M | -$16M | -$12M | -$10M | -$8M | -$2M |
| Net income | $46M | $45M | $51M | $45M | -$58M | -$4M | $4M | $20M | $17M | $49M |
| EPS (diluted) | $1.88 | $2.06 | $2.35 | $2.20 | -$2.74 | -$0.16 | $0.17 | $0.82 | $0.70 | $2.16 |
| Diluted shares | 24M | 22M | 22M | 21M | 21M | 23M | 24M | 24M | 24M | 23M |
| Gross margin | 74.7% | 74.0% | 74.8% | 74.6% | 74.9% | 73.5% | 72.8% | 74.0% | 74.2% | 74.7% |
| Operating margin | 6.2% | 3.7% | 5.2% | 4.2% | -11.1% | -1.5% | -0.4% | 1.0% | 1.0% | 3.3% |
| Net margin | 4.6% | 4.3% | 4.5% | 3.9% | -7.4% | -0.3% | 0.3% | 1.5% | 1.2% | 3.5% |
Balance sheet
Fiscal years, from BJs Restaurants's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $23M | $24M | $29M | $22M | $52M | $39M | $25M | $29M | $26M | $24M |
| Receivables | $15M | $14M | $31M | $22M | $24M | $29M | $29M | $19M | $20M | $18M |
| Total current assets | $59M | $60M | $78M | $65M | $95M | $91M | $82M | $83M | $80M | $75M |
| Property, plant and equipment | $601M | $590M | $583M | $584M | $535M | $506M | $507M | $525M | $511M | $502M |
| Goodwill | $5M | $5M | $5M | $5M | $5M | $5M | $5M | $5M | $5M | $5M |
| Total assets | $691M | $684M | $695M | $1.1B | $1.1B | $1.0B | $1.0B | $1.1B | $1.0B | $1.0B |
| Total current liabilities | $126M | $123M | $150M | $158M | $178M | $200M | $197M | $199M | $196M | $188M |
| Total liabilities | $416M | $425M | $386M | $782M | $766M | $701M | $700M | $693M | $671M | $649M |
| Shareholders' equity | $275M | $259M | $309M | $290M | $294M | $334M | $346M | $366M | $370M | $366M |
| Net debt | -$23M | -$24M | -$29M | -$22M | -$52M | -$39M | -$25M | -$29M | -$26M | -$24M |
Cash flow
Fiscal years, from BJs Restaurants's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $138M | $107M | $133M | $116M | $41M | $64M | $51M | $106M | $101M | $111M |
| Capital spending | $109M | $71M | $61M | $82M | $43M | $42M | $79M | $99M | $77M | $70M |
| Free cash flow | $29M | $36M | $72M | $34M | -$3M | $22M | -$27M | $7M | $25M | $41M |
| Stock-based compensation | $6M | $7M | $8M | $9M | $10M | $10M | $10M | $11M | $9M | $8M |
| Dividends paid | — | $2M | $9M | $10M | $150,000 | $118,000 | $100,000 | $32,000 | $13,000 | $0 |
| Share buybacks (net) | -$95M | -$67M | -$20M | -$83M | -$15M | — | -$2M | -$11M | -$25M | -$68M |
| Free cash flow margin | 2.9% | 3.5% | 6.4% | 2.9% | -0.4% | 2.0% | -2.1% | 0.5% | 1.8% | 2.9% |
| Dividends per share | — | $0.10 | $0.44 | $0.49 | $0.01 | $0.01 | $0.00 | $0.00 | $0.00 | — |
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Open BJRI in InvestinglyQuestions
What was BJs Restaurants's revenue in 2025?
$1.4B in fiscal 2025, from its 10-K filing.
How much free cash flow does BJs Restaurants generate?
$41M in fiscal 2025 (operating cash flow minus capital spending).
From BJs Restaurants's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.