BJRI BJs RESTAURANTS INC

Overview and Growth

BJs RESTAURANTS INC generated $1.40B of revenue in fiscal 2025, with net income of $48.81M and an operating cash inflow of $110.51M. Revenue of $1.40B sets the scale for evaluating how effectively sales translated into profit and cash during the year. The top line expanded 3.1% from $1.36B in fiscal 2024, increasing the company’s operating scale. On a per-share basis, diluted EPS was $2.16, which connects the reported earnings outcome with the company’s diluted share count. Diluted EPS increased by 208.6% from $0.70 in fiscal 2024, showing how the earnings change reached shareholders on a per-share basis.

Profitability

Gross profit was $1.05B, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. The gross-profit relationship equaled 74.7% of revenue, quantifying the portion retained before operating expenses were recognized. Operations produced $46.31M of income after the reported operating expense base, before the remaining non-operating and tax effects. Relative to revenue, operating income represented 3.3%, showing how efficiently sales converted into operating profit. The bottom-line result was net income of $48.81M, after the operating, financing, tax, and other items recognized for the period. Measured against reported revenue, net income produced a 3.5% margin after operating costs and the remaining recognized items. The earnings statement records $47.23M of pretax income, the profit base against which the reported tax provision can be assessed. Pretax income represented 3.4% of revenue, placing earnings before tax in the context of the company’s operating scale. The reported tax benefit was $1.57M, favorably bridging the pretax and after-tax results. Relative to positive pretax income, the tax benefit measured 3.3%.

Liquidity and Capital Structure

The company held $1.02B of assets against $649.26M of liabilities and $366.19M of equity, revealing how the asset base was financed. Current assets were $74.92M against $187.78M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. Current assets covered only 0.4x of current liabilities, so current liabilities exceeded current assets at period end. Reported cash and equivalents were $23.78M, separating immediately recognizable cash resources from the rest of the current-asset base. Cash and equivalents represented 12.7% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Total debt was $85.00M, establishing the amount of borrowing carried within the company’s capital structure. Against book equity, debt measured 0.23x, placing the company’s financial leverage in clear balance-sheet terms. Relative to total assets, debt measured 8.4%, showing how much of the asset base was matched by borrowing. The liabilities-to-assets relationship was 63.9%, placing reported obligations against the full positive asset balance. Measured against total assets, cash and equivalents represented 2.3%, a balance-sheet composition measure rather than a liquidity forecast.

Cash Flow and Earnings Quality

Operating activities produced a cash inflow of $110.51M, giving the cash-flow counterpart to the accrual-based profit measures reported for the year. Operating cash flow equaled 2.26x of net income, showing how strongly accounting earnings converted into cash from operations. Capital expenditures used $69.61M, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Relative to operating cash flow, capital expenditures measured 63.0%, connecting investment intensity with the company’s cash-generation base. After capital spending, free cash flow was $40.90M, leaving cash available for debt reduction, shareholder returns, or further investment. The free-cash-flow margin was 2.9%, measuring cash remaining after capital spending against revenue. Free cash flow equaled 4.0% of total assets, relating post-investment cash generation to the company’s resource base.

Based on the annual report for the fiscal year ending Dec 30, 2025. Analysis generated Oct 21, 2026.