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Kura Sushi USA, Inc. (KRUS) stock

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NASDAQ: KRUS Nasdaq Restaurants Next results ~November 5, 2026

D Fundamentals grade

Kura Sushi USA, Inc. is a US-listed company in the restaurants industry. Its financial year ends in August.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$24

Valuation models combined (3)

Base case. Range ~$21–$28. Weighted average of 3 models (growth cash-flow model, forward price-to-sales vs peers, revenue-to-maturity model), the growth cash-flow model counting double.

Price vs value

No Buy/Hold/Sell rating is issued: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Kura Sushi USA, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 1 selling0 purchases and 3 sales by directors and officers, last 12 monthsInsider trades
  • Funds87 adding, 57 cuttingOf 32 active managers that changed their stake, 16 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Kura Sushi USA files

Where Kura Sushi USA stands after its latest 10-Q

Revenue for the twelve months to May 2026 was $319m, up 18.4% on a year earlier, about the same pace as a quarter earlier. That growth ranks 4 of 36 among the restaurants companies we cover. Free-cash-flow margin rose to -8.5% from -11.9% a year earlier. Operating margin widened to -1.4% from -4.5%. The diluted share count is up 2.9% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 1 of our 3 financial-health checks. Our revenue-to-maturity cash-flow model value is $28.53 a share, against a share price of $34.21.

Source: 10-Q filed July 7, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 5, 2026 (estimated)

Kura Sushi USA, Inc.'s trailing-twelve-month revenue grew 18.4% year on year, with a free-cash-flow margin of -8.5%. Where it stands out: revenue growth of 18.4% ranks 4 of 44 restaurants companies we cover. Where it lags: free-cash-flow margin of -8.5% ranks 42 of 44 restaurants companies we cover.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 15.4% while net income grew 77.9%: a 63pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 18.4% over the last 12 months, against a median of 4.7% for restaurants companies we cover.
  • Margins widening. Operating margin is up 3.1 points on a year ago.

Things to watch

  • Loss-making. Operating margin is -1.4%: costs exceed revenue.
  • Burning cash. Free cash flow was -8.5% of revenue over the last 12 months.
  • Share dilution. Diluted shares rose 2.9% in a year.
  • Volatile shares. Over the past year the shares showed annualised volatility of 63% and a beta of 0.9 against the S&P 500.
  • Below peers: stock pay as % of revenue. Stock pay as % of revenue of 1.5% ranks 34 of 40 restaurants companies we cover (median 0.8%).
  • Heavily shorted. 25.4% of the shares available to trade are sold short (6.6 days of average volume to cover).

Latest results: FY2026 Q3

Filed July 7, 2026
Earnings per share
$0.03 against an average estimate of -$0.01: beat by 360.0%
Revenue
$86m, up 16.2% on a year earlier
Share reaction
-5.0% in the first session after the results on July 7, 2026, against -0.8% for the S&P 500
Guidance given
total sales $330.5m to $331.5m (full fiscal year of 2026); new restaurant openings 16 (full fiscal year of 2026)
Next report
November 5, 2026; average EPS estimate $0.19

Kura Sushi USA's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+3.5%
  • 1 week+17.3%
  • 1 month-12.9%
  • This year-30.8%
  • 1 year-36.4%
  • 5 years-20.1%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$319M
Operating margin
-1.4%
Net margin
-0.7%
EPS (TTM, diluted)
$-0.17

Growth

Revenue growth
+18.4%
Change in growth rate
−0.4 pts
Share count change
+2.9%

Cash

Free cash flow (TTM)
-$27.1M
FCF margin
-8.5%
Stock pay % of revenue
1.5%

Earnings

Last results
July 7, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Guidance

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Kura Sushi USA, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Valuation models

We value Kura Sushi USA, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 9.8%: the 10-year Treasury yield (4.9%) plus a beta of 1.07 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$22 ~$15–$28 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$4.1 ~$3.5–$7.6 Left out: out of range vs price (0.11x)
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$1.4 ~$0.6–$2.8 Left out: out of range vs price (0.04x)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$21 ~$16–$73 Included, half weight
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. ~$28 ~$22–$35 Included
Combined value Weighted average of the models that apply: the primary model (growth cash-flow model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$24 ~$21–$28 3 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Kura Sushi USA, Inc. with Restaurants in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 2019202020212022202320242025Now
Share price$25.07$12.22$50.81$74.76$87.37$65.99$84.81$36.19
Market value$138m$102m$433m$727m$930m$739m$1.0bn$438m
+ Net debt (− = net cash)−$38m−$9m−$40m−$36m−$70m−$51m−$47m−$24m
Enterprise value$100m$93m$393m$691m$860m$688m$963m$414m
Multiples
Price / sales 2.2x2.3x6.7x5.1x5.0x3.1x3.6x1.4x
Price / earnings 94.9x———n/m———
Price / free cash flow ————————
EV / EBITDA 26.2x——142.2x105.3xn/m103.7x34.2x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

17 /100

Weak moat

How hard Kura Sushi USA's competitive advantage looks for rivals to wear away, judged from 7 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median -1.8% of total assets over 7 years.

  • Durability 10 / 20

    Operating margin has been a median -2.7%; its worst year was -15.1%.

  • Cash conversion 0 / 20

    Free cash flow was positive in 0 of 7 years, at a median -11.9% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 5, 2026, after the close. Analysts expect revenue of $91m and EPS of $0.19 (range $0.13 to $0.25) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current −$0.05 −261% $330m +17%
Next $0.24 +604% $389m +18%

Next year's EPS estimate has moved −10.7% in 90 days, across 8 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −5.7% on 90 days ago. In the last 30 days, 1 analyst raised Kura Sushi USA, Inc.'s forecast and 1 cut it.

Consensus EPS forecast Kura Sushi USA, Inc., last 90 days
−$0.10 $0.00 $0.10 $0.20 $0.30 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: −$0.05 Current fiscal year, 60 days ago: −$0.05 Current fiscal year, 30 days ago: −$0.05 Current fiscal year, 7 days ago: −$0.05 Current fiscal year, Now: −$0.05 −$0.05 Next fiscal year, 90 days ago: $0.27 Next fiscal year, 60 days ago: $0.27 Next fiscal year, 30 days ago: $0.28 Next fiscal year, 7 days ago: $0.27 Next fiscal year, Now: $0.24 $0.24

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago −$0.05$0.27
60 days ago −$0.05$0.27
30 days ago −$0.05$0.28
7 days ago −$0.05$0.27
Now −$0.05$0.24

Earnings against estimates

Quarter toEstimateActualSurprise
May 2026 −$0.01 $0.03 +360.0%
Feb 2026 −$0.20 −$0.04 +80.3%
Nov 2025 −$0.16 −$0.23 −45.6%
Aug 2025 $0.12 $0.20 +63.4%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, July 7, 2026
  • Total sales full fiscal year of 2026 $331m to $332m
    “Total sales between $330.5 million and $331.5 million;” source
  • Restaurant-level operating profit margin full fiscal year of 2026 about 18.5% Non-GAAP
    “Restaurant-level operating profit margins to be approximately 18.5%.” source
  • New restaurant openings full fiscal year of 2026 about 16
    “16 new restaurants, maintaining an annual unit growth rate above 20%, with average net capital expenditures per unit of approximately $2.5 million;” source
  • Annual unit growth rate full fiscal year of 2026 about 20%
    “16 new restaurants, maintaining an annual unit growth rate above 20%, with average net capital expenditures per unit of approximately $2.5 million;” source
  • Average net capital expenditures per unit full fiscal year of 2026 about $2.5m
    “16 new restaurants, maintaining an annual unit growth rate above 20%, with average net capital expenditures per unit of approximately $2.5 million;” source
  • General and administrative expenses as a percentage of sales full fiscal year of 2026 about 12% Non-GAAP
    “General and administrative expenses** as a percentage of sales to be approximately 12.0%, excluding litigation expenses.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

9 analysts, Oct 2026
Buy667%
Hold333%
Sell00%

Monthly trend

  1. Oct 2026639
  2. Sep 2026639
  3. Aug 20266410
  4. Jul 20267411

Counts of recommendations published by analysts covering Kura Sushi USA, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
25.4%
of tradable shares
Days to cover
6.58
at average volume
Short interest, 1 month
+8%
to October 15, 2026
Held by institutions
83%
of shares
Held by insiders
39.6%
of shares
Employees
3,900
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −36.4%

$56.93 on October 31, 2025 to $36.19

ThenNowEffect
Revenue (last 12 months) $283m $319m +12.8%
P/S multiple 2.4x 1.4x −42.7%
Share count 12m 12m −1.6%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years −45.3%

$66.18 on November 3, 2023 to $36.19

ThenNowEffect
Revenue (last 12 months) $187m $319m +70.1%
P/S multiple 3.8x 1.4x −63.4%
Share count 11m 12m −12.2%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
KRUS+315%−41%+59%+19%−42%−31%
Industry peers (median)+15%−15%+15%−1%−8%+6%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
KRUS75%42%75%50%42%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
KRUS−27%−60%−52%−59%−60%−61%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since August 1, 2019: 82% from January 8, 2020 to March 18, 2020. Getting back needed a 445% gain, reached on February 22, 2021, 341 days after the low.

Price behaviour

52-week range
$30.86 – $79.29
From 52-week high
−54.4%
vs 50-day average
−8.2%
vs 200-day average
−32.0%
Volatility (1 year)
63%
Beta vs S&P 500
0.86

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
4 up, 8 down
typical move ±14.6%
After a week
4 up, 8 down
typical move ±16.9%
After a month
5 up, 7 down
typical move ±19.9%
Results releasedNext dayS&P 500 next day5 days21 days
July 7, 2026 −5.0% −0.8% −9.1% −12.3%
April 7, 2026 −17.3% +2.6% −16.3% −23.4%
January 7, 2026 +10.4% −0.3% +25.3% +34.8%
November 6, 2025 −17.5% −1.0% −19.0% −8.9%
July 8, 2025 −10.9% +0.5% −15.5% −1.7%
April 8, 2025 +25.9% +8.8% +24.6% +39.7%
January 7, 2025 −12.5% −1.0% −20.6% −28.9%
November 6, 2024 −4.9% +3.3% −7.4% +6.8%
July 9, 2024 −20.8% +1.1% −7.0% −13.2%
June 27, 2024 −24.7% −0.2% −29.5% −33.4%
April 4, 2024 +5.7% −0.2% +8.5% +1.7%
January 4, 2024 +19.1% −0.2% +20.5% +34.2%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Kura Sushi USA, Inc. in five measures

Fundamentals grade D
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Kura Sushi USA, Inc.
$150M $200M $250M $300M $350M FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $187.4M Revenue (TTM), FY24 Q1: $199.6M Revenue (TTM), FY24 Q2: $212.9M Revenue (TTM), FY24 Q3: $226.8M Revenue (TTM), FY24 Q4: $237.9M Revenue (TTM), FY25 Q1: $250.8M Revenue (TTM), FY25 Q2: $258.4M Revenue (TTM), FY25 Q3: $269.3M Revenue (TTM), FY25 Q4: $282.8M Revenue (TTM), FY26 Q1: $291.8M Revenue (TTM), FY26 Q2: $306.9M Revenue (TTM), FY26 Q3: $318.8M $318.8M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $187.4M
FY24 Q1 $199.6M
FY24 Q2 $212.9M
FY24 Q3 $226.8M
FY24 Q4 $237.9M
FY25 Q1 $250.8M
FY25 Q2 $258.4M
FY25 Q3 $269.3M
FY25 Q4 $282.8M
FY26 Q1 $291.8M
FY26 Q2 $306.9M
FY26 Q3 $318.8M
Revenue growth, TTM YoY Kura Sushi USA, Inc.
15% 20% 25% 30% 35% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 32.8% Revenue growth, TTM YoY, FY24 Q1: 32.5% Revenue growth, TTM YoY, FY24 Q2: 30.5% Revenue growth, TTM YoY, FY24 Q3: 30.0% Revenue growth, TTM YoY, FY24 Q4: 26.9% Revenue growth, TTM YoY, FY25 Q1: 25.7% Revenue growth, TTM YoY, FY25 Q2: 21.4% Revenue growth, TTM YoY, FY25 Q3: 18.8% Revenue growth, TTM YoY, FY25 Q4: 18.9% Revenue growth, TTM YoY, FY26 Q1: 16.3% Revenue growth, TTM YoY, FY26 Q2: 18.7% Revenue growth, TTM YoY, FY26 Q3: 18.4% 18.4%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 32.8%
FY24 Q1 32.5%
FY24 Q2 30.5%
FY24 Q3 30.0%
FY24 Q4 26.9%
FY25 Q1 25.7%
FY25 Q2 21.4%
FY25 Q3 18.8%
FY25 Q4 18.9%
FY26 Q1 16.3%
FY26 Q2 18.7%
FY26 Q3 18.4%
Operating margin (TTM) Kura Sushi USA, Inc.
-6% -4% -2% 0% 2% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 0.2% Operating margin (TTM), FY24 Q1: -0.2% Operating margin (TTM), FY24 Q2: -0.5% Operating margin (TTM), FY24 Q3: -1.5% Operating margin (TTM), FY24 Q4: -4.8% Operating margin (TTM), FY25 Q1: -4.0% Operating margin (TTM), FY25 Q2: -5.0% Operating margin (TTM), FY25 Q3: -4.5% Operating margin (TTM), FY25 Q4: -1.7% Operating margin (TTM), FY26 Q1: -2.4% Operating margin (TTM), FY26 Q2: -1.5% Operating margin (TTM), FY26 Q3: -1.4% -1.4%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 0.2%
FY24 Q1 -0.2%
FY24 Q2 -0.5%
FY24 Q3 -1.5%
FY24 Q4 -4.8%
FY25 Q1 -4.0%
FY25 Q2 -5.0%
FY25 Q3 -4.5%
FY25 Q4 -1.7%
FY26 Q1 -2.4%
FY26 Q2 -1.5%
FY26 Q3 -1.4%
FCF margin (TTM) Kura Sushi USA, Inc.
-15% -10% -5% 0% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: -12.1% FCF margin (TTM), FY24 Q1: -10.6% FCF margin (TTM), FY24 Q2: -12.2% FCF margin (TTM), FY24 Q3: -9.2% FCF margin (TTM), FY24 Q4: -12.2% FCF margin (TTM), FY25 Q1: -11.9% FCF margin (TTM), FY25 Q2: -10.7% FCF margin (TTM), FY25 Q3: -11.9% FCF margin (TTM), FY25 Q4: -8.4% FCF margin (TTM), FY26 Q1: -9.9% FCF margin (TTM), FY26 Q2: -9.9% FCF margin (TTM), FY26 Q3: -8.5% -8.5%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 -12.1%
FY24 Q1 -10.6%
FY24 Q2 -12.2%
FY24 Q3 -9.2%
FY24 Q4 -12.2%
FY25 Q1 -11.9%
FY25 Q2 -10.7%
FY25 Q3 -11.9%
FY25 Q4 -8.4%
FY26 Q1 -9.9%
FY26 Q2 -9.9%
FY26 Q3 -8.5%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2018 Aug 2018 2019 Aug 2019 2020 Aug 2020 2021 Aug 2021 2022 Aug 2022 2023 Aug 2023 2024 Aug 2024 2025 Aug 2025 LTM May 2026
Income
Revenue 52 64 45 65 141 187 238 283 319
EBITDA 4 4 −13 −5 5 8 0 9 12
Operating income 2 2 −16 −10 −1 0 −12 −5 −4
Net income 2 1 −17 −10 −1 2 −9 −2 −2
Diluted EPS $0.34 $0.26 −$2.08 −$1.21 −$0.08 $0.14 −$0.79 −$0.16 −$0.17
Growth (year on year)
Revenue — +24.2% −29.7% +43.7% +117.4% +32.8% +26.9% +18.9% +18.4%
EBITDA — +8.1% −448.6% — — +68.0% −96.5% — —
Operating income — −10.8% <−999% — — — — — —
Net income — −16.4% <−999% — — — — — —
Diluted EPS — −23.5% −900.0% — — — — — —
Margins
EBITDA margin 6.8% 6.0% −29.5% −8.4% 3.4% 4.4% 0.1% 3.3% 3.8%
Operating margin 3.6% 2.6% −36.5% −15.4% −0.5% 0.2% −4.8% −1.7% −1.4%
Net margin 3.4% 2.3% −38.4% −15.9% −0.5% 0.8% −3.7% −0.7% −0.7%
Free-cash-flow margin −3.6% −7.4% −60.7% −32.7% −2.2% −11.2% −12.0% −7.6% −7.8%
Cash flow
Cash from operations 5 6 −13 −7 24 18 16 25 28
Capital spending 7 11 14 14 27 39 44 46 53
Free cash flow −2 −5 −27 −21 −3 −21 −29 −21 −25
Stock-based pay 0 1 1 1 2 4 4 5 5
Free cash flow after stock pay −2 −5 −28 −23 −5 −25 −33 −26 −30
Balance sheet
Cash — 38 9 40 36 70 51 47 24
Total debt — 0 0 0 0 0 0 0 0
Net debt (negative = net cash) — −38 −9 −40 −36 −70 −51 −47 −24
Diluted shares — 6m 8m 9m 10m 11m 11m 12m 12m

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 3 checks passed · May 31, 2026
What it owns · $472m
Short-term assets $59mLonger-term assets $413m
What it owes, and who funded it · $472m
Short-term liabilities $47mLonger-term liabilities $194mShareholders' equity $231m
  • Short-term assets cover short-term liabilities $59m of assets due within a year against $47m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $59m short-term assets against $194m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Operating income of −$4m against $64,000 of interest.

From Kura Sushi USA, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+2.9%
year over year

Competitors: side by side with peers

Closest by revenue in restaurants
Last 12 months unless stated KRUS RICK BH.A GENK NDLS LOCO Median
Revenue, last 12 months $319m $284m $406m $210m $496m $501m $1.4bn
Revenue growth, last 12 months 18.4% 1.0% 7.5% −2.9% 0.2% 4.4% 4.6%
Revenue growth, 3-year average 22.3% −0.6% 2.7% 6.5% −1.4% 2.0% 5.1%
Revenue growth, latest quarter 16.2% 3.9% 7.9% 1.3% 0.5% 3.0% 4.5%
Gross margin — 84.6% 60.0% — — — 68.6%
Operating margin −1.4% 9.6% — −13.5% −2.6% 10.5% 4.9%
Operating margin, 3-year average −2.5% 9.6% — −4.8% −4.3% 9.3% 6.9%
Net margin −0.7% −1.5% −7.3% −2.1% −4.7% 7.0% 2.5%
Cash from operations / revenue 8.7% 15.0% 20.8% −1.4% 2.7% 14.8% 11.9%
Free-cash-flow margin −8.5% 12.2% 12.4% −9.3% 0.8% 8.2% 3.4%
Free-cash-flow margin, 3-year average −9.9% 10.6% 12.7% −5.8% −2.1% 5.9% 2.8%
Stock pay / revenue 1.5% 0.3% — 1.4% 0.7% 1.1% 0.8%
Change in share count 2.9% −8.9% — 6.5% −0.4% 1.1% 0.2%

Median of all 44 companies we cover in restaurants. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

44 restaurants companies
Measure Company Peer median Rank
Revenue growth Growth 18.4% 4.7% 4 of 44
Change in growth rate Growth -0.4pp +0.3pp 27 of 44
Operating margin Profitability -1.4% 5.2% 34 of 42
Net margin Profitability -0.7% 2.6% 33 of 44
Free-cash-flow margin Cash generation -8.5% 3.6% 42 of 44
Stock pay as % of revenue Cash generation 1.5% 0.8% 34 of 40
Change in share count Balance sheet 2.9% 0.3% 34 of 42

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

Funds buying and selling
Reported value
$524M
Institutions reporting
146
Shares held vs prior quarter
▼ 6.3%
Positions opened / closed
25 / 20

Top buyers and sellers, Q2 2026: 87 institutions bought and 57 sold ; the biggest buyer was Jane Street Group, LLC (+348K shares) and the biggest seller Hood River Capital Management LLC (−796K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Stephens Inc $63.5M 1.1M 12.1% ▼ 0.4%
FMR LLC $47.1M 819K 9.0% ▲ 12.5%
Granahan Investment Management, LLC $46.2M 802K 8.8% ▲ 31.9%
Blackrock, Inc. $45.6M 792K 8.7% ▲ 60.4%
Jane Street Group, LLC $20M 348K 3.8% New
Two Sigma Investments, LP $19.3M 335K 3.7% ▼ 3.1%
Portolan Capital Management, LLC $17.4M 302K 3.3% ▲ 0.3%
Vanguard Capital Management LLC $15.7M 273K 3.0% ▲ 0.8%
UBS Group AG $11.7M 203K 2.2% ▲ 42.4%
Dimensional Fund Advisors LP $11.5M 200K 2.2% ▲ 6.6%
Pillsbury Lake Capital LLC $10.2M 177K 1.9% ▲ 49.3%
12 West Capital Management LP $10.1M 175K 1.9% ▼ 60.8%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Kura Sushi USA, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $720,092 3 trades by 1 insider · 100% under pre-set plans
Net ▼ $720,092 net selling
Insider Date Trade Shares Price Value
Uba Hajime SEE REMARKS (a) January 16, 2026 Sell pre-set plan 3,211 $71.83 $230,646
Uba Hajime SEE REMARKS (a) January 16, 2026 Sell pre-set plan 2,850 $74.31 $211,784
Uba Hajime SEE REMARKS (a) January 16, 2026 Sell pre-set plan 3,813 $72.82 $277,663

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around October 6, 2026 estimated from the company's past filing pattern, not announced

  • July 7, 2026
  • April 7, 2026
  • January 7, 2026
  • November 6, 2025
  • July 8, 2025
  • April 8, 2025

Recent SEC filings

Data status

When each part of this page on Kura Sushi USA, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Kura Sushi USA, Inc. in brief

What does Kura Sushi USA, Inc. do?
Kura Sushi USA, Inc. is a US-listed company in the restaurants industry. Its financial year ends in August.
What is Kura Sushi USA, Inc.'s stock ticker?
Kura Sushi USA, Inc. trades under the ticker KRUS on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Kura Sushi USA, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Kura Sushi USA, Inc. reported revenue of $319M, 18.4% higher than a year earlier, according to its SEC filings.
What is Kura Sushi USA, Inc.'s free cash flow?
Kura Sushi USA, Inc.'s free-cash-flow margin is -8.5% of revenue over the trailing twelve months, ranking 42 of the 44 restaurants companies we cover.
Who are Kura Sushi USA, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Stephens Inc, FMR LLC and Granahan Investment Management, LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Kura Sushi USA, Inc.'s market cap?
On November 2, 2026, Kura Sushi USA, Inc.'s market capitalisation was about $438M and net debt of -$24.4M. Market figures come from third-party market data and may be delayed.
Who are Kura Sushi USA, Inc.'s competitors?
In our Restaurants peer group, the companies closest to Kura Sushi USA, Inc. are RCI Hospitality Holdings, Inc., Biglari Holdings Inc., GEN Restaurant Group, Inc., Noodles & Co and El Pollo Loco Holdings, Inc. The side-by-side comparison below sets their revenue, margins and growth against Kura Sushi USA, Inc.'s.
Are insiders buying or selling Kura Sushi USA, Inc. stock?
Over the last 12 months, Kura Sushi USA, Inc.'s directors and officers reported 0 open-market purchases and 3 sales on Form 4. The insider trading page charts every trade.
When is Kura Sushi USA, Inc.'s next earnings date?
Around November 5, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Kura Sushi USA, Inc. announces its own schedule.