NASDAQ : KRUS

Kura Sushi USA, Inc. — Financial statements

Consumer Discretionary · Restaurants · United States

Last price 34.96 USD (Oct 30, 2026, 4:00 PM EST) · Market cap 424.76M

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Financial statements

Kura Sushi USA, Inc. (KRUS) reported revenue of 318.84M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.

Income statement

Fiscal year September - August; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Revenue318.84M282.76M237.86M187.43M141.09M64.89M
Cost of Revenue266.70M235.73M196.97M151.23M113.94M54.66M
Gross Profit52.14M47.03M40.88M36.20M27.15M10.23M
Selling, General & Admin38.34M35.43M33.60M28.04M22.29M15.70M
Operating Expenses54.96M49.48M45.39M35.87M27.90M20.22M
Operating Income-2.82M-2.45M-4.50M332.00K-754.00K-9.99M
Interest Expense-64.00K-70.00K-47.00K-69.00K-87.00K-220.00K
Interest & Investment Income2.65M3.10M2.92M1.47M151.00K20.00K
EBT Excluding Unusual Items-235.00K585.00K-1.63M1.74M-690.00K-10.19M
Asset Writedown-1.55M
Legal Settlements-1.66M-2.31M-5.45M
Pretax Income-1.90M-1.73M-8.64M1.74M-690.00K-10.19M
Income Tax Expense179.00K175.00K167.00K233.00K74.00K106.00K
Net Income-2.08M-1.90M-8.80M1.50M-764.00K-10.29M
Net Income to Common-2.08M-1.90M-8.80M1.50M-764.00K-10.29M
Shares Outstanding (Basic)12.12M11.92M11.20M10.30M9.72M8.53M
Shares Outstanding (Diluted)12.12M11.92M11.20M10.64M9.72M8.53M
EPS (Basic)-0.17-0.16-0.790.15-0.08-1.21
EPS (Diluted)-0.17-0.16-0.790.14-0.08-1.21
Free Cash Flow-24.92M-21.44M-28.64M-21.00M-3.07M-21.22M
Free Cash Flow Per Share-2.06-1.80-2.56-1.97-0.32-2.49
Gross Margin16.35%16.63%17.19%19.31%19.24%15.77%
Operating Margin-0.89%-0.86%-1.89%0.18%-0.53%-15.39%
Profit Margin-0.65%-0.67%-3.70%0.80%-0.54%-15.87%
Free Cash Flow Margin-7.82%-7.58%-12.04%-11.21%-2.18%-32.70%
EBITDA13.80M11.60M7.29M8.16M4.86M-5.47M
EBITDA Margin4.33%4.10%3.06%4.36%3.44%-8.43%
D&A For EBITDA16.62M14.05M11.79M7.83M5.61M4.52M
EBIT-2.82M-2.45M-4.50M332.00K-754.00K-9.99M
EBIT Margin-0.89%-0.86%-1.89%0.18%-0.53%-15.39%
Effective Tax Rate13.43%
Advertising Expenses2.60M3.00M2.70M1.30M600.00K

Balance sheet

Fiscal year September - August; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Cash & Equivalents24.37M47.50M50.99M69.70M35.78M40.43M
Short-Term Investments19.94M14.96M8.54M
Cash & Short-Term Investments44.31M62.46M50.99M78.24M35.78M40.43M
Accounts Receivable6.59M6.41M4.57M5.05M2.49M2.02M
Other Receivables484.00K126.00K166.00K104.00K190.00K12.34M
Receivables7.08M6.54M4.74M5.15M2.68M14.36M
Inventory2.56M2.14M2.22M1.75M1.12M733.00K
Prepaid Expenses4.94M3.38M3.01M3.70M2.59M1.73M
Other Current Assets928.00K378.00K536.00K230.00K218.00K
Total Current Assets58.89M75.45M61.34M89.37M42.40M57.47M
Property, Plant & Equipment382.80M317.61M262.27M210.31M155.58M118.04M
Long-Term Investments21.77M29.54M
Other Intangible Assets5.95M3.77M3.49M1.75M852.00K
Other Long-Term Assets8.11M2.39M1.15M1.49M1.63M1.31M
Total Assets471.58M430.94M328.52M304.66M201.36M177.67M
Accounts Payable12.11M11.53M8.98M7.25M5.56M4.92M
Accrued Expenses18.63M16.64M14.47M12.11M10.93M8.30M
Current Portion of Leases15.69M14.08M10.67M9.22M8.50M6.58M
Other Current Liabilities462.00K525.00K373.00K555.00K285.00K244.00K
Total Current Liabilities46.88M42.78M34.50M29.14M25.27M20.05M
Long-Term Leases192.26M155.93M130.68M110.23M82.31M66.38M
Other Long-Term Liabilities1.59M1.16M808.00K646.00K483.00K398.00K
Total Liabilities240.73M199.87M165.98M140.02M108.06M86.83M
Common Stock12.00K12.00K11.00K11.00K10.00K10.00K
Additional Paid-In Capital270.11M265.97M195.51M188.77M118.97M115.76M
Retained Earnings-39.24M-34.89M-32.99M-24.18M-25.69M-24.92M
Comprehensive Income & Other-37.00K-23.00K43.00K
Shareholders' Equity230.85M231.07M162.54M164.64M93.29M90.84M
Total Liabilities & Equity471.58M430.94M328.52M304.66M201.36M177.67M
Total Debt207.95M170.01M141.35M119.46M90.81M72.96M
Net Cash (Debt)-163.63M-107.55M-90.36M-41.22M-55.03M-32.53M
Net Cash Per Share-13.50-9.03-8.07-3.87-5.66-3.81
Filing Date Shares Outstanding12.15M12.11M11.26M11.15M9.79M9.70M
Total Common Shares Outstanding12.15M12.11M11.25M11.15M9.79M9.70M
Working Capital12.01M32.67M26.84M60.23M17.13M37.42M
Book Value Per Share19.0019.0814.4414.779.539.36
Tangible Book Value230.85M225.12M158.77M161.15M91.55M89.99M
Tangible Book Value Per Share19.0018.5914.1114.469.359.28
Machinery98.38M75.61M54.91M37.23M23.23M14.34M
Construction In Progress18.03M11.20M15.08M14.37M8.67M3.91M
Leasehold Improvements151.43M129.91M100.34M75.47M56.67M43.18M

Cash flow statement

Fiscal year September - August; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Net Income-2.08M-1.90M-8.80M1.50M-764.00K-10.29M
Depreciation & Amortization16.62M14.05M11.79M7.83M5.61M4.52M
Loss (Gain) From Sale of Assets128.00K109.00K22.00K53.00K12.00K111.00K
Asset Writedown & Restructuring Costs1.55M
Loss (Gain) From Sale of Investments43.00K
Stock-Based Compensation4.78M4.74M4.31M3.55M2.41M1.41M
Other Operating Activities207.00K345.00K3.19M2.66M
Change in Accounts Receivable-1.98M-2.09M-1.80M-353.00K-131.00K-264.00K
Change in Inventory-267.00K78.00K-472.00K-627.00K-387.00K-366.00K
Change in Accounts Payable3.17M2.85M623.00K1.68M-172.00K908.00K
Change in Other Net Operating Assets7.21M6.54M8.39M4.39M13.92M-5.83M
Operating Cash Flow27.80M24.71M15.61M18.06M23.69M-7.15M
Capital Expenditures-52.72M-46.15M-44.25M-39.07M-26.77M-14.08M
Sale (Purchase) of Intangibles-2.19M-2.19M-275.00K-1.74M-896.00K-156.00K
Investment in Securities3.92M-44.87M8.50M-8.54M
Other Investing Activities-541.00K-513.00K-432.00K-550.00K-510.00K-436.00K
Investing Cash Flow-51.53M-93.72M-36.46M-49.90M-28.17M-14.67M
Short-Term Debt Issued17.00M
Total Debt Issued17.00M
Short-Term Debt Repaid-17.00M
Long-Term Debt Repaid-51.00K-75.00K-498.00K-975.00K-1.03M
Total Debt Repaid-68.00K-51.00K-75.00K-498.00K-975.00K-18.03M
Net Debt Issued (Repaid)-68.00K-51.00K-75.00K-498.00K-975.00K-1.03M
Issuance of Common Stock1.49M66.19M2.49M66.85M959.00K54.62M
Repurchase of Common Stock-451.00K-346.00K-280.00K-154.00K
Other Financing Activities-272.00K-600.00K-606.00K
Financing Cash Flow973.00K65.53M2.14M65.75M-170.00K52.98M
Net Cash Flow-22.76M-3.49M-18.71M33.91M-4.65M31.17M
Free Cash Flow-24.92M-21.44M-28.64M-21.00M-3.07M-21.22M
Free Cash Flow Margin-7.82%-7.58%-12.04%-11.21%-2.18%-32.70%
Free Cash Flow Per Share-2.06-1.80-2.56-1.97-0.32-2.49
Levered Free Cash Flow-32.45M-28.89M-26.57M-30.64M-6.44M-20.55M
Unlevered Free Cash Flow-32.41M-28.85M-26.54M-30.60M-6.38M-20.41M
Cash Interest Paid81.00K
Cash Income Tax Paid233.00K257.00K265.00K108.00K206.00K148.00K
Change in Working Capital8.14M7.38M6.74M5.08M13.23M-5.56M

Ratios

Fiscal year September - August; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Market Capitalization439.70M1.03B742.05M970.41M728.20M492.60M
Enterprise Value603.34M1.13B816.98M1.00B780.72M569.54M
Last Close Price34.9684.8165.9987.3774.7650.81
PE Ratio646.08
Forward PE318.29228.42228.42237.68230.0339.25
PS Ratio1.373.633.125.185.167.59
PB Ratio1.844.444.575.897.805.42
P/TBV Ratio1.894.564.676.027.955.47
P/OCF Ratio15.7341.5147.5353.7230.73
EV/Sales Ratio1.894.003.445.345.538.78
EV/EBITDA Ratio43.5597.52112.15122.57160.68
EV/EBIT Ratio3,014.07
Debt / Equity Ratio0.900.740.870.730.970.80
Debt / EBITDA Ratio5.435.215.855.556.0944.87
Net Debt / Equity Ratio0.710.470.560.250.590.36
Net Debt / EBITDA Ratio11.869.2712.405.0511.32-5.95
Net Debt / FCF Ratio-6.57-5.02-3.15-1.96-17.91-1.53
Asset Turnover0.720.740.750.740.740.44
Inventory Turnover109.91108.1399.33105.50122.9899.38
Quick Ratio1.101.611.612.861.522.73
Current Ratio1.261.761.783.071.682.87
Return on Equity (ROE)-0.91%-0.97%-5.38%1.17%-0.83%-15.08%
Return on Assets (ROA)-0.40%-0.40%-0.89%0.08%-0.25%-4.22%
Return on Invested Capital (ROIC)-0.73%-0.83%-1.96%0.16%-0.56%-8.91%
Return on Capital Employed (ROCE)-0.70%-0.60%-1.50%0.10%-0.40%-6.30%
Earnings Yield-0.47%-0.19%-1.19%0.15%-0.10%-2.09%
FCF Yield-5.70%-2.09%-3.86%-2.16%-0.42%-4.31%
Buyback Yield / Dilution-3.41%-6.35%-5.30%-9.48%-13.97%-2.28%