CAVA Group reports $1.2 billion in revenue for FY 2025, driven by 439 locations and grocery expansion, while maintaining a 5.4% net margin.
CAVA Group posted $1.2 billion in revenue for fiscal year 2025, a 22.4% increase from the prior year. The Mediterranean fast-casual chain expanded its footprint to 439 restaurants across 28 states and Washington, D.C., while also growing its grocery segment with proprietary dips and dressings.
Net income reached $63.7 million, translating to a 5.4% net margin. The company’s debt-to-equity ratio stood at 0.6x as of December 2025, reflecting a balanced capital structure amid aggressive expansion. Comparatively, Chipotle’s established scale and digital efficiency continue to anchor its market leadership.
Investors weigh CAVA’s rapid growth against Chipotle’s profitability and dominance in the fast-casual sector.