CAVA Group Highlights Record Year with $1 Billion in Revenue

Fast-casual Mediterranean chain reports strong Q4 and full-year 2025 results, plans to accelerate growth in 2026

Published on Feb. 28, 2026

Got story updates? Submit your updates here. ›

CAVA Group (NYSE:CAVA) outlined a 'milestone year' in 2025, its first full fiscal year above $1 billion in revenue, continued restaurant expansion, and plans to accelerate growth while investing in operations, technology, and leadership development. The company reported strong Q4 2025 results, including 21.2% revenue growth, 0.5% same-restaurant sales increase, and 21.4% restaurant-level profit margin. CAVA opened 72 net new restaurants in 2025, ending the year with 439 locations across 28 states and Washington, D.C. Management guided to 74-76 net new openings in 2026 and expects to reach 1,000 restaurants by 2032.

Why it matters

CAVA's milestone year and ambitious growth plans demonstrate the continued strength of the fast-casual Mediterranean dining segment, which has seen rapid expansion in recent years. As a leader in the space, CAVA's performance and strategic initiatives provide insights into broader industry trends and the company's ability to capture market share.

The details

For the fourth quarter, CAVA reported revenue growth of 21.2% and said revenue was up 55.5% over the past two years. Fourth-quarter same-restaurant sales increased 0.5% and restaurant-level profit margin was 21.4%. The company opened 24 net new restaurants in Q4 and 72 net new in 2025, ending the year with 439 locations. Management guided to 74-76 net new openings in 2026 and said it has a long-term goal of at least 1,000 restaurants by 2032. CAVA also discussed new menu items, loyalty program updates, and digital investments that are supporting its growth.

  • CAVA reported its Q4 and full-year 2025 earnings on February 28, 2026.
  • The company opened 24 net new restaurants in Q4 2025 and 72 net new in the full year.
  • CAVA guided to 74-76 net new restaurant openings in 2026.

The players

CAVA Group

A leading fast-casual restaurant company specializing in Mediterranean-inspired cuisine, operating under the CAVA brand.

Brett Schulman

Co-Founder and CEO of CAVA Group.

Tricia Tolivar

President and CFO of CAVA Group.

Got photos? Submit your photos here. ›

What they’re saying

“2025 marked a transition from being a newly public company to operating as a 'large-scale, sustainable growth enterprise,'”

— Brett Schulman, Co-Founder and CEO (transcriptdaily.com)

“Salmon will be a premium item and is expected to create an approximately 100 basis point headwind to restaurant-level margin rate beginning in the second quarter, while also being 'penny profit neutral' overall.”

— Tricia Tolivar, President and CFO (transcriptdaily.com)

What’s next

CAVA plans to launch pomegranate-glazed salmon toward the end of the first quarter of 2026, marking the company's first-ever seafood offering.

The takeaway

CAVA's strong financial and operational performance in 2025, including surpassing $1 billion in revenue, demonstrates the continued growth potential of the fast-casual Mediterranean dining segment. The company's ambitious expansion plans, menu innovations, and digital investments position it well to capture market share and maintain its leadership position in the years ahead.