Brinker International, Inc. filed its quarterly report on Form 10-Q for the thirteen-week period ended September 23, 2026, with the SEC on October 28, 2026, reporting net income of $113.3 million on total revenues of $1,475.6 million.

Key Highlights

  • Total revenues: $1,475.6 million for the thirteen-week period ended September 23, 2026, compared with $1,349.2 million in the same period a year earlier.
  • Net income: $113.3 million, up from $99.5 million in the prior-year period.
  • Diluted net income per share: $2.64, compared with $2.17 in the thirteen-week period ended September 24, 2025.
  • Operating income: $151.0 million, versus $117.9 million in the year-ago period.
  • Treasury stock purchases: $165.2 million in cash used for purchases of treasury stock during the quarter, bringing the treasury stock balance to $1,019.5 million at September 23, 2026.
  • Loss on debt extinguishment: $17.6 million recognized in cash flows, included within interest expenses, as disclosed in the filing.
  • Shares outstanding: 41,542,701 shares of common stock as of October 22, 2026.

Brinker International's First-Quarter Fiscal 2027 Financial Results

According to the filing, Brinker International (NYSE:EAT) reported company sales of $1,461.2 million for the thirteen-week period ended September 23, 2026, compared with $1,335.4 million for the thirteen-week period ended September 24, 2025. Franchise revenues were $14.4 million, up from $13.8 million. Total operating costs and expenses were $1,324.6 million, including food and beverage costs of $378.4 million, restaurant labor of $458.9 million, and restaurant expenses of $365.9 million. General and administrative expenses rose to $63.3 million from $57.2 million a year earlier.

The registrant reported operating income of $151.0 million, up from $117.9 million in the comparable prior-year period. Interest expenses, which the filing states include a loss on debt extinguishment (see Note 7), totaled $24.6 million for the current quarter versus $10.5 million in the prior year. Income before income taxes was $127.0 million, and the provision for income taxes was $13.7 million. Net cash provided by operating activities was $169.1 million, compared with $120.8 million in the prior-year period. The filing also disclosed that during the quarter, borrowings on the revolving credit facility totaled $470.0 million and payments on long-term debt and extinguishment premium totaled $368.0 million.

On the balance sheet, total assets were $2,776.7 million at September 23, 2026, compared with $2,815.0 million at June 24, 2026. Cash and cash equivalents declined to $30.7 million from $110.0 million at the prior fiscal year-end. Long-term debt and finance leases, less current installments, were $451.0 million. Total shareholders' equity was $399.9 million, down from $443.7 million at June 24, 2026, reflecting treasury stock repurchase activity during the period. The filing also disclosed payments for franchise restaurant acquisitions of $27.1 million in cash flows from investing activities, with no comparable amount in the prior-year period.

What Was Disclosed

Brinker International's Form 10-Q for the thirteen weeks ended September 23, 2026 reported increased revenues, net income, and operating income relative to the prior-year period, alongside significant debt refinancing activity and continued share repurchases that reduced cash and increased treasury stock.