Gen Earnings Reports

GEN Restaurant Group saw a slight revenue increase in Q3 2025 driven by new restaurant openings, but rising operating costs led to a net loss and negative operating income.

GEN Restaurant Group reported a 2.2% year-over-year increase in total revenue to $55.0 million for the second quarter of 2025. Despite this growth, the company experienced a loss from operations of $1.9 million and a net loss of $1.7 million, primarily due to higher costs associated with new restaurant development and inflationary pressures. However, restaurant-level adjusted EBITDA remained strong at $9.0 million, and the company continues its aggressive expansion, opening seven new locations in the first half of the year and two more in July, with plans to exceed its target of 12-13 new stores by year-end.

GEN Restaurant Group began 2025 with strong top-line growth, driven by new restaurant openings, including a dual-concept store in Austin. However, the company posted a net loss due to higher costs associated with expansion and development.

GEN Restaurant Group, Inc. achieved a 21.2% year-over-year revenue increase to $54.7 million in Q4 2024. However, comparable restaurant sales declined by 4.8%. The company reported a net loss of $1.4 million, compared to a $0.2 million net loss in Q4 2023. Adjusted EBITDA grew 25% to $2.1 million.

GEN Restaurant Group reported a 7.8% increase in total revenue to $49.1 million for the third quarter of 2024. However, net income decreased to $0.2 million, or $0.01 per diluted share, due to higher expenses related to new restaurant openings. The company maintained a restaurant-level adjusted EBITDA margin above 18%.

GEN Restaurant Group reported a 15.9% increase in total revenue to $53.9 million for the second quarter of 2024. The company's net income was $2.1 million, with adjusted EBITDA at $4.9 million. The company opened one new location and is increasing its guidance to open 10 to 11 new locations by the end of 2024.

GEN Restaurant Group reported a 16% increase in total revenue to $50.8 million compared to the first quarter of 2023. Net income was $3.7 million, and adjusted EBITDA was $6.4 million. The company opened two new locations during the quarter and launched a new Premium Menu.

GEN Restaurant Group reported a 10.4% increase in revenue to $45.1 million for Q4 2023, compared to $40.8 million in Q4 2022. However, comparable restaurant sales decreased by 1.7%. The company's net loss was $(0.2) million, and adjusted EBITDA was $1.6 million.

GEN Restaurant Group's Q3 2023 revenue increased by 7.4% to $45.6 million compared to Q3 2022. However, comparable restaurant sales decreased by 1.2%. Net income was $2.6 million, and adjusted EBITDA was $5.0 million.

GEN Restaurant Group reported a 10.1% increase in revenue to $46.5 million compared to the second quarter of 2022, driven by a 1.4% increase in comparable restaurant sales and three new restaurant openings. Net income was $4.5 million, representing 9.6% of revenue, and adjusted EBITDA was $6.1 million, inclusive of pre-opening expenses.