Bloomin' Brands, Inc.
Business
Bloomin' Brands operates a portfolio of casual dining restaurant concepts: Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse & Wine Bar, ranging from casual to fine dining. The company owns and operates 967 restaurants and franchises 493 restaurants across 46 U.S. states, Guam, and 12 countries. Revenue derives from company-owned restaurant sales and from franchise royalties and fees. The company manages supply chain sourcing, technology systems, marketing and loyalty programs, and restaurant operations across all brands.
Summary from 10-K filed 2026-02-25
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Total revenues | 3,956 | 3,950 | 4,168 | 4,009 | 4,122 | |
| Food and beverage | 1,177 | 1,148 | 1,240 | 1,237 | 1,230 | |
| Labor and other related | 1,238 | 1,203 | 1,220 | 1,142 | 1,155 | |
| Other restaurant operating | 1,014 | 1,001 | 989 | 955 | 1,006 | |
| Depreciation and amortization | 178 | 176 | 169 | 150 | 163 | |
| General and administrative | 238 | 219 | 234 | 213 | 246 | |
| Provision for impaired assets and restaurant closings | 45 | 64 | 34 | — | — | |
| Goodwill impairment | 28 | 0 | 0 | — | — | |
| Total costs and expenses | 3,919 | 3,811 | 3,885 | 3,703 | 3,813 | |
| Income from operations | 37 | 140 | 283 | 306 | 309 | |
| Loss on extinguishment of debt | 0 | −136 | 0 | −108 | — | |
| Interest expense, net | −45 | −63 | −52 | −53 | −58 | |
| (Loss) income before (benefit) provision for income taxes | −8 | −59 | 231 | — | — | |
| (Benefit) provision for income taxes | −27 | −12 | 18 | 34 | 26 | |
| Loss from equity method investment, net of tax | −5 | 0 | 0 | — | — | |
| Net income (loss) from continuing operations | 14 | −47 | 213 | 93 | — | |
| (Loss) income from discontinued operations, net of tax | −537,000 | −76 | 42 | — | — | |
| Net income (loss) | 13 | −123 | 254 | 109 | 223 | |
| Less: net income attributable to noncontrolling interests | 5 | 5 | 7 | 7 | 7 | |
| Net income (loss) attributable to Bloomin Brands | 8 | −128 | 247 | 102 | 216 | |
| Foreign currency translation, net of reclassification adjustments | 4 | −34 | 8 | — | — | |
| Reclassification of foreign currency translation adjustments into earnings due to sale of business | 218 | 0 | 0 | — | — | |
| Net gain (loss) on derivatives, net of tax | 467,000 | −6,000 | −615,000 | 11 | — | |
| Comprehensive income (loss) | 235 | −157 | 261 | 130 | 228 | |
| Less: comprehensive income attributable to noncontrolling interests | 5 | 5 | 7 | 7 | 7 | |
| Comprehensive income (loss) attributable to Bloomin Brands | 230 | −163 | 254 | 123 | 221 | |
| Continuing operations (in USD per share) | 0.1 | −0.61 | 2.36 | 0.97 | — | |
| Discontinued operations (in USD per share) | −0.01 | −0.88 | 0.48 | 0.18 | — | |
| Net basic earnings (loss) per share (in USD per share) | 0.1 | −1.49 | 2.84 | 1.15 | 2.42 | |
| Continuing operations (in USD per share) | 0.1 | −0.61 | 2.13 | 0.87 | — | |
| Discontinued operations (in USD per share) | −0.01 | −0.88 | 0.43 | 0.16 | — | |
| Net diluted earnings (loss) per share (in USD per share) | 0.1 | −1.49 | 2.56 | 1.03 | 2 | |
| Basic (shares) | 85 | 86 | 87 | 89 | 89 | |
| Diluted (shares) | 85 | 86 | 96 | 99 | 108 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 59 | 70 | 112 | 85 | 88 | |
| Inventories | 61 | 69 | 63 | 78 | 79 | |
| Other current assets, net | 149 | 159 | 138 | 184 | 185 | |
| Current assets of discontinued operations held for sale | 0 | 23 | 28 | — | — | |
| Total current assets | 270 | 321 | 343 | 347 | 353 | |
| Property, fixtures and equipment, net | 913 | 949 | 928 | 914 | 842 | |
| Operating lease right-of-use assets | 979 | 1,013 | 1,031 | 1,103 | 1,131 | |
| Goodwill | 185 | 213 | 213 | 273 | 268 | |
| Intangible assets, net | 425 | 429 | 433 | 448 | 453 | |
| Deferred income tax assets, net | 225 | 186 | 155 | 153 | 168 | |
| Equity method investment | 64 | 0 | — | — | — | |
| Other assets, net | 111 | 74 | 60 | 82 | 79 | |
| Non-current assets of discontinued operations held for sale | 0 | 201 | 260 | — | — | |
| Total assets | 3,172 | 3,385 | 3,424 | 3,320 | 3,294 | |
| Accounts payable | 138 | 153 | 156 | 184 | 168 | |
| Current operating lease liabilities | 176 | 159 | 164 | 184 | — | |
| Accrued and other current liabilities | 186 | 178 | — | — | — | |
| Unearned revenue | 378 | 374 | 380 | 394 | 399 | |
| Current liabilities of discontinued operations held for sale | 0 | 88 | 105 | — | — | |
| Total current liabilities | 879 | 952 | 1,002 | 979 | 985 | |
| Non-current operating lease liabilities | 1,046 | 1,089 | 1,087 | 1,149 | 1,179 | |
| Deferred income tax liabilities, net | 9 | 34 | 0 | — | — | |
| Long-term debt, net | 787 | 1,027 | 781 | 829 | 782 | |
| Other long-term liabilities, net | 113 | 93 | 83 | 91 | 125 | |
| Non-current liabilities of discontinued operations held for sale | 0 | 50 | 59 | — | — | |
| Total liabilities | 2,835 | 3,245 | 3,012 | 3,047 | 3,071 | |
| Commitments and contingencies (Note 17) | — | — | — | — | — | |
| Preferred stock, $0.01 par value, 25,000,000 shares authorized; no shares issued and outstanding as of December 28, 2025 and December 29, 2024 | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.01 par value, 475,000,000 shares authorized; 85,221,767 and 84,854,768 shares issued and outstanding as of December 28, 2025 and December 29, 2024, respectively | 852,000 | 849,000 | 870,000 | 877,000 | 893,000 | |
| Additional paid-in capital | 1,241 | 1,273 | 1,115 | 1,162 | 1,120 | |
| Accumulated deficit | −918 | −926 | −529 | −706 | −698 | |
| Accumulated other comprehensive income (loss) | 9 | −213 | −178 | −185 | −206 | |
| Total Bloomin Brands stockholders equity | 334 | 136 | 409 | 271 | 216 | |
| Noncontrolling interests | 4 | 4 | 3 | 3 | 6 | |
| Total stockholders equity | 337 | 139 | 412 | 274 | 223 | |
| Total liabilities and stockholders equity | 3,172 | 3,385 | 3,424 | 3,320 | 3,294 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Amortization of deferred gift card sales commissions | 21 | 23 | 24 | 24 | 26 | |
| Stock-based compensation expense | 8 | 7 | 12 | 16 | 24 | |
| Deferred income tax benefit | −38 | −30 | −8 | 11 | −3 | |
| Loss (gain) on foreign currency forward contracts | 26 | −16 | 0 | 0 | — | |
| Foreign currency translation gain on installment receivable from sale of business | −17 | 0 | 0 | — | — | |
| Other, net | 673,000 | −723,000 | −864,000 | 3 | −2 | |
| Decrease (increase) in inventories | 6 | −7 | 3 | 2 | −18 | |
| (Increase) decrease in other current assets | −16 | −43 | 11 | −44 | −58 | |
| Decrease (increase) in other assets | 363,000 | −4 | 4 | −2 | −2 | |
| (Decrease) increase in accounts payable and accrued and other current liabilities | −3 | −31 | 14 | — | — | |
| Increase (decrease) in unearned revenue | 4 | −6 | −13 | −5 | 17 | |
| Increase (decrease) in operating lease liabilities | 4 | −11 | −10 | — | — | |
| Increase in other long-term liabilities | 10 | 6 | 4 | −4 | −9 | |
| Net cash provided by operating activities of continuing operations | 276 | 216 | 454 | 348 | — | |
| Net cash provided by operating activities of discontinued operations | 748,000 | 12 | 78 | 43 | — | |
| Net cash provided by operating activities | 277 | 228 | 532 | 391 | 402 | |
| Proceeds from disposal of property, fixtures and equipment | 381,000 | 6 | 3 | 2 | 9 | |
| Proceeds received from company-owned life insurance | 0 | 0 | 3 | 16 | 9 | |
| Capital expenditures | −180 | −221 | −282 | −193 | −123 | |
| (Payments on) proceeds from foreign currency forward contracts | −26 | 15 | 0 | — | — | |
| Cash received from sale, net of tax withheld and cash left in business | 208 | 0 | 0 | — | — | |
| Other investments, net | 1 | 650,000 | 1 | 827,000 | −507,000 | |
| Net cash provided by (used in) investing activities of continuing operations | 4 | −199 | −275 | −174 | — | |
| Net cash used in investing activities of discontinued operations | −2 | −40 | −42 | −27 | — | |
| Net cash provided by (used in) investing activities | 2 | −239 | −317 | −201 | −105 | |
| Proceeds from borrowings on revolving credit facilities | 1,260 | 2,265 | 1,079 | 1,240 | 470 | |
| Repayments of borrowings on revolving credit facilities | −1,480 | −1,936 | −1,128 | −890 | −837 | |
| Financing fees | 0 | −9 | 0 | −1 | −6 | |
| Repayments of finance lease obligations | −3 | −2 | −2 | — | — | |
| Principal settlements and repurchase of convertible senior notes | −21 | −2 | −214,000 | −197 | 0 | |
| Proceeds from retirement of convertible senior note hedges | 0 | 118 | 0 | 132 | 0 | |
| Payments for retirement of warrants | −399,000 | −102 | 0 | −115 | 0 | |
| (Payments of taxes) proceeds from share-based compensation, net | −1 | −2 | 25 | 13 | 10 | |
| Distributions to noncontrolling interests | −7 | −7 | −9 | −9 | −9 | |
| Contributions from noncontrolling interests | 1 | 3 | 2 | 1 | 1 | |
| Repurchase of common stock | 0 | −266 | −71 | −109 | 0 | |
| Cash dividends paid on common stock | −38 | −83 | −84 | −50 | 0 | |
| Other | −100,000 | −100,000 | −100,000 | — | — | |
| Net cash used in financing activities of continuing operations | −289 | −23 | −187 | −195 | — | |
| Net cash used in financing activities of discontinued operations | −65,000 | −990,000 | −269,000 | −151,000 | — | |
| Net cash used in financing activities | −289 | −24 | −187 | −196 | −317 | |
| Effect of exchange rate changes on cash and cash equivalents | −313,000 | −10 | 1 | 1 | −2 | |
| Net (decrease) increase in cash and cash equivalents | −11 | −44 | 30 | −4 | −21 | |
| Cash paid for interest | 59 | 60 | 51 | 39 | 47 | |
| Capital expenditures included in current liabilities | 13 | 30 | 39 | — | — | |
| Shares issued on settlement of convertible senior notes | 0 | 216 | 0 | 0 | — | |
| Shares received and retired on exercise of call option under bond hedge upon settlement of convertible senior notes | 0 | −8 | 0 | 0 | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Bloomin' Brands, Inc.'s CIK number?
Bloomin' Brands, Inc.'s SEC CIK number is 0001546417 (1546417). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Bloomin' Brands, Inc.'s SEC filings?
All of Bloomin' Brands, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Bloomin' Brands, Inc. last report earnings?
Bloomin' Brands, Inc. (BLMN) most recently filed an earnings 8-K with the SEC on May 6, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001546417-26-000023). This is Bloomin' Brands, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Bloomin' Brands, Inc.'s most recent earnings 8-K?
Bloomin' Brands, Inc.'s latest earnings 8-K (Item 2.02) was filed May 6, 2026 under accession 0001546417-26-000023. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
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