Brinker International (EAT) financial statements
Brinker International reported revenue of $5.8B in fiscal 2026, up 7.0% a year over 9 years.
Net income was $487M and the operating margin 10.7%, against 8.1% in 2017.
Free cash flow was $558M, and the company returned $444M in net buybacks.
The diluted share count fell 12% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Brinker International's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.2B | $3.1B | $3.2B | $3.1B | $3.3B | $3.8B | $4.1B | $4.4B | $5.4B | $5.8B |
| Cost of revenue | $791M | $796M | $823M | $799M | $868M | $1.0B | $1.1B | $1.1B | $1.4B | $1.5B |
| Gross profit | $2.4B | $2.3B | $2.4B | $2.3B | $2.5B | $2.8B | $3.0B | $3.3B | $4.0B | $4.3B |
| Selling, general and admin | $133M | $136M | $149M | $136M | $135M | $144M | $154M | $184M | $222M | $236M |
| Operating income | $256M | $226M | $231M | $63M | $199M | $160M | $144M | $230M | $512M | $620M |
| Interest expense | $50M | $59M | $62M | $60M | $56M | $46M | $55M | $65M | $53M | $40M |
| Pre-tax income | $208M | $170M | $172M | $5M | $145M | $115M | $91M | $165M | $460M | $581M |
| Income tax | $58M | $44M | $17M | -$20M | $14M | -$2M | -$12M | $10M | $77M | $94M |
| Net income | $151M | $126M | $155M | $24M | $132M | $118M | $103M | $155M | $383M | $487M |
| EPS (diluted) | $2.94 | $2.72 | $3.96 | $0.63 | $2.83 | $2.58 | $2.28 | $3.40 | $8.32 | $10.87 |
| Diluted shares | 51M | 46M | 39M | 39M | 47M | 46M | 45M | 46M | 46M | 45M |
| Gross margin | 74.9% | 74.6% | 74.4% | 74.1% | 74.0% | 72.4% | 72.3% | 74.9% | 74.9% | 74.4% |
| Operating margin | 8.1% | 7.2% | 7.2% | 2.0% | 6.0% | 4.2% | 3.5% | 5.2% | 9.5% | 10.7% |
| Net margin | 4.8% | 4.0% | 4.8% | 0.8% | 3.9% | 3.1% | 2.5% | 3.5% | 7.1% | 8.4% |
Balance sheet
Fiscal years, from Brinker International's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $9M | $11M | $13M | $44M | $24M | $14M | $15M | $65M | $19M | $110M |
| Receivables | $45M | $54M | $55M | $52M | $65M | $66M | $61M | $61M | $73M | $81M |
| Inventory | $25M | $24M | $23M | $27M | $29M | $36M | $34M | $34M | $35M | $34M |
| Total current assets | $144M | $156M | $177M | $224M | $207M | $201M | $183M | $234M | $207M | $308M |
| Property, plant and equipment | $1.0B | $939M | $755M | $805M | $775M | $817M | $808M | $880M | $953M | $967M |
| Goodwill | $164M | $164M | $166M | $188M | $188M | $195M | $195M | $195M | $195M | $194M |
| Total assets | $1.4B | $1.3B | $1.3B | $2.4B | $2.3B | $2.5B | $2.5B | $2.6B | $2.7B | $2.8B |
| Total current liabilities | $436M | $434M | $422M | $498M | $572M | $558M | $536M | $622M | $676M | $677M |
| Long-term debt | $1.3B | $1.5B | $1.2B | $1.2B | $918M | $989M | $912M | $786M | $426M | $420M |
| Total liabilities | $1.9B | $2.1B | $2.0B | $2.8B | $2.6B | $2.8B | $2.6B | $2.6B | $2.3B | $2.4B |
| Shareholders' equity | -$494M | -$718M | -$778M | -$479M | -$303M | -$268M | -$144M | $39M | $371M | $444M |
| Net debt | $1.3B | $1.5B | $1.2B | $1.2B | $894M | $976M | $897M | $722M | $407M | $310M |
Cash flow
Fiscal years, from Brinker International's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $315M | $284M | $213M | $245M | $370M | $252M | $256M | $422M | $679M | $789M |
| Capital spending | $103M | $101M | $168M | $104M | $94M | $150M | $185M | $199M | $265M | $232M |
| Free cash flow | $212M | $183M | $45M | $140M | $276M | $102M | $71M | $223M | $414M | $558M |
| Stock-based compensation | $14M | $14M | $16M | $15M | $16M | $19M | $14M | $26M | $31M | $32M |
| Dividends paid | $71M | $70M | $60M | $57M | $2M | $1M | $600,000 | $200,000 | $0 | $0 |
| Share buybacks (net) | -$371M | -$303M | -$168M | -$32M | -$4M | -$101M | -$5M | -$26M | -$90M | -$444M |
| Net borrowing | $346M | -$260M | -$10M | — | -$20M | -$24M | -$322M | -$20M | -$376M | -$24M |
| Free cash flow margin | 6.7% | 5.8% | 1.4% | 4.6% | 8.3% | 2.7% | 1.7% | 5.1% | 7.7% | 9.6% |
| Dividends per share | $1.38 | $1.51 | $1.54 | $1.48 | $0.03 | $0.02 | $0.01 | $0.00 | — | — |
Questions
What was Brinker International's revenue in 2026?
$5.8B in fiscal 2026, from its 10-K filing.
How much free cash flow does Brinker International generate?
$558M in fiscal 2026 (operating cash flow minus capital spending).
From Brinker International's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.