# Rave Restaurant Group, Inc.: overview

RAVE · Nasdaq · CIK 718332 · [Consumer staples](/sectors/consumer-staples.md) · fiscal year ends Jun 28

Pages: [Overview](/companies/rave.md) · [Financials](/companies/rave/financials.md) · [Filings](/companies/rave/filings.md) · [Insiders](/companies/rave/insiders.md)

Latest reported revenue: [$3.4m](/filings/0001140361-26-037514.md) for Q4 FY2026, three months to 2026-06-28, from the 10-K filed Sep 24, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001140361-26-037514).

## Last eight quarters

| Line item | Unit | Q1 FY2025 (2024-09-29) | Q2 FY2025 (2024-12-29) | Q3 FY2025 (2025-03-30) | Q4 FY2025 (2025-06-29) | Q1 FY2026 (2025-09-28) | Q2 FY2026 (2025-12-28) | Q3 FY2026 (2026-03-29) | Q4 FY2026 (2026-06-28) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $k | [3,050](/filings/0001140361-25-040686.md) | [2,869](/filings/0001140361-26-003800.md) | [2,966](/filings/0001140361-26-019447.md) | [3,154 d](/filings/0001140361-26-037514.md) | [3,213](/filings/0001140361-25-040686.md) | [3,042](/filings/0001140361-26-003800.md) | [3,223](/filings/0001140361-26-019447.md) | [3,432 d](/filings/0001140361-26-037514.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [20.0%](/filings/0001140361-25-040686.md) | [23.1%](/filings/0001140361-26-003800.md) | [28.8%](/filings/0001140361-26-019447.md) | [35.5% d](/filings/0001140361-26-037514.md) | [23.4%](/filings/0001140361-25-040686.md) | [24.4%](/filings/0001140361-26-003800.md) | [29.7%](/filings/0001140361-26-019447.md) | [29.8% d](/filings/0001140361-26-037514.md) |
| Net margin | % | [17.2%](/filings/0001140361-26-019447.md) | [21.2%](/filings/0001140361-26-019447.md) | [24.3%](/filings/0001140361-26-019447.md) | [26.9% d](/filings/0001140361-26-037514.md) | [20.1%](/filings/0001140361-26-019447.md) | [20.9%](/filings/0001140361-26-019447.md) | [24.8%](/filings/0001140361-26-019447.md) | [23.2% d](/filings/0001140361-26-037514.md) |
| Diluted EPS | $ per share | [0.04](/filings/0001140361-25-040686.md) | [0.04](/filings/0001140361-26-003800.md) | [0.05](/filings/0001140361-26-019447.md) | not reported | [0.05](/filings/0001140361-25-040686.md) | [0.04](/filings/0001140361-26-003800.md) | [0.06](/filings/0001140361-26-019447.md) | not reported |
| Free cash flow | $k | [530](/filings/0001140361-25-040686.md) | [667 d](/filings/0001140361-26-003800.md) | [961 d](/filings/0001140361-26-019447.md) | [1,181 d](/filings/0001140361-26-037514.md) | [600](/filings/0001140361-25-040686.md) | [297 d](/filings/0001140361-26-003800.md) | [1,104 d](/filings/0001140361-26-019447.md) | [1,502 d](/filings/0001140361-26-037514.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 6-month figure less the 3-month figure; 9-month figure less the 6-month figure; 12-month figure less the 9-month figure.

## Last five fiscal years

| Line item | Unit | FY2022 (2022-06-26) | FY2023 (2023-06-25) | FY2024 (2024-06-30) | FY2025 (2025-06-29) | FY2026 (2026-06-28) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [10.7](/filings/0001140361-23-044691.md) | [11.9](/filings/0001140361-25-036080.md) | [12.2](/filings/0001140361-26-037514.md) | [12.0](/filings/0001140361-26-037514.md) | [12.9](/filings/0001140361-26-037514.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | [24.1%](/filings/0001140361-26-037514.md) | [27.0%](/filings/0001140361-26-037514.md) | [26.9%](/filings/0001140361-26-037514.md) |
| Net margin | % | [75.0%](/filings/0001140361-23-044691.md) | [13.6%](/filings/0001140361-25-036080.md) | [20.4%](/filings/0001140361-26-037514.md) | [22.4%](/filings/0001140361-26-037514.md) | [22.3%](/filings/0001140361-26-037514.md) |
| Diluted EPS | $ per share | [0.45](/filings/0001140361-23-044691.md) | [0.10](/filings/0001140361-25-036080.md) | [0.17](/filings/0001140361-26-037514.md) | [0.19](/filings/0001140361-26-037514.md) | [0.20](/filings/0001140361-26-037514.md) |
| Free cash flow | $m | [1.3](/filings/0001140361-23-044691.md) | [2.8](/filings/0001140361-25-036080.md) | [2.8](/filings/0001140361-26-037514.md) | [3.3](/filings/0001140361-26-037514.md) | [3.5](/filings/0001140361-26-037514.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Operating income: us-gaap:OperatingIncomeLoss.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/rave/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Saber Capital Managment, LLC](/funds/1911378.md) | 2026-06-30 | $2.3m | 701,483 |  | Added +541,014 |
| [RENAISSANCE TECHNOLOGIES LLC](/funds/1037389.md) | 2026-06-30 | $876.8k | 268,149 |  | Added +91,088 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $792.3k | 242,298 |  | Added +18,851 |
| [Watchman Group, Inc.](/funds/1748726.md) | 2026-06-30 | $597.8k | 182,800 |  | Unchanged |
| [CORSAIR CAPITAL MANAGEMENT, L.P.](/funds/1276470.md) | 2026-06-30 | $475.1k | 145,302 |  | Unchanged |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $426.0k | 130,257 |  | Added +21,283 |
| [True North Advisors, LLC](/funds/1634556.md) | 2026-06-30 | $348.8k | 106,678 |  | Unchanged |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $232.8k | 71,198 |  | Added +15,178 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $224.6k | 68,700 | Put | New +68,700 |
| [VANGUARD FIDUCIARY TRUST CO](/funds/933478.md) | 2026-06-30 | $211.3k | 64,625 |  | Added +442 |

## Recent filings

[All 610 filings](/companies/rave/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-23 | 06:01 ET | [DEF 14A](/filings/0001140361-26-040557.md) | Proxy statement, period 2026-12-10 | 0001140361-26-040557 |
| 2026-09-24 | 13:01 ET | [8-K](/filings/0001140361-26-037515.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001140361-26-037515 |
| 2026-09-24 | 13:00 ET | [10-K](/filings/0001140361-26-037514.md) | Annual report, period 2026-06-28 | 0001140361-26-037514 |
| 2026-05-15 | 20:50 ET | [SCHEDULE 13D/A](/filings/0001099910-26-000186.md) | Ownership report, active investor, amended | 0001099910-26-000186 |
| 2026-05-07 | 13:02 ET | [8-K](/filings/0001140361-26-019448.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001140361-26-019448 |
| 2026-05-07 | 13:01 ET | [10-Q](/filings/0001140361-26-019447.md) | Quarterly report, period 2026-03-29 | 0001140361-26-019447 |
| 2026-02-17 | 21:03 ET | [8-K](/filings/0001683168-26-001105.md) | 4.01 Change of auditor; 9.01 Financial statements and exhibits | 0001683168-26-001105 |
| 2026-02-05 | 14:02 ET | [8-K](/filings/0001140361-26-003801.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001140361-26-003801 |
| 2026-02-05 | 14:00 ET | [10-Q](/filings/0001140361-26-003800.md) | Quarterly report, period 2025-12-28 | 0001140361-26-003800 |
| 2025-12-12 | 14:01 ET | [8-K](/filings/0001140361-25-045306.md) | 5.07 Shareholder vote results | 0001140361-25-045306 |

## Latest annual report

[Form 10-K for the fiscal year ended Jun 28, 2026](/filings/0001140361-26-037514.md), filed Sep 24, 2026.

## Forecast league

Q1 FY2027, the quarter ended 2026-09-28, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/8ca36635-74c7-414e-ae31-3021bf48bcd5)

## About the filer

- CIK: 718332
- Tickers: RAVE
- Exchange: Nasdaq
- SIC code: 5140 Wholesale-Groceries & Related Products
- State of incorporation: MO
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:22 ET. No prices; not investment advice.
