DRI financial statements

The full income statement, balance sheet, and cash-flow statement for Darden Restaurants Inc. (DRI), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2026	FY2025	FY2024	FY2023	FY2022
Income Statement	as ofMay 31 ’26	as ofMay 25 ’25	as ofMay 26 ’24	as ofMay 28 ’23	as ofMay 29 ’22
Revenue	13.2B YoY+9.4%	12.1B YoY+6.0%	11.4B YoY+8.6%	10.5B YoY+8.9%	9.63B YoY+33.8%
Gross profit	2.68B YoY+8.5%	2.47B YoY+8.0%	2.29B YoY+15.0%	1.99B YoY+4.7%	1.90B YoY+35.6%
Selling, general & administrative	514M YoY-1.1%	520M YoY+8.6%	479M YoY+24.1%	386M YoY+3.5%	373M YoY-5.8%
General & administrative	514M YoY-1.1%	520M YoY+8.6%	479M YoY+24.1%	386M YoY+3.5%	373M YoY-5.8%
Selling & marketing	180M YoY+6.2%	170M YoY+17.6%	145M YoY+22.1%	118M YoY+26.9%	93.2M YoY+2.3%
Operating income	1.58B YoY+16.2%	1.36B YoY+3.7%	1.31B YoY+9.4%	1.20B YoY+3.4%	1.16B YoY+79.2%
Interest expense	127M YoY+9.1%	116M YoY+24.0%	93.5M YoY+86.3%	50.2M YoY+22.7%	40.9M YoY-13.9%
Other non-operating income	—	—	—	0.00	0.00 YoY+100.0%
Pre-tax income	1.39B YoY+17.0%	1.19B YoY+1.0%	1.18B YoY+4.9%	1.12B YoY+2.5%	1.09B YoY+89.7%
Income tax	175M YoY+28.4%	136M YoY-6.1%	145M YoY+5.8%	137M YoY-1.3%	139M YoY+348.3%
	1.21B YoY+15.0%	1.05B YoY+2.1%	1.03B YoY+4.7%	982M YoY+3.1%	953M YoY+51.4%
Income from continuing operations	1.21B YoY+15.5%	1.05B YoY+2.0%	1.03B YoY+4.8%	984M YoY+3.0%	955M YoY+51.0%
Discontinued operations	-7.00M YoY-400.0%	-1.40M YoY+51.7%	-2.90M YoY-81.3%	-1.60M YoY+15.8%	-1.90M YoY+38.7%
	$10.38 YoY+17.2%	$8.86 YoY+4.1%	$8.51 YoY+6.5%	$7.99 YoY+8.1%	$7.39 YoY+54.9%
EPS (basic)	$10.45 YoY+17.0%	$8.93 YoY+4.2%	$8.57 YoY+6.3%	$8.06 YoY+8.0%	$7.46 YoY+54.5%
	116M YoY-1.7%	118M YoY-2.0%	120M YoY-1.6%	122M YoY-4.6%	128M YoY-2.0%
	116M YoY-1.8%	118M YoY-2.0%	121M YoY-1.7%	123M YoY-4.7%	129M YoY-2.1%
Dividends per share	$6.00 YoY+7.1%	$5.60 YoY+6.9%	$5.24 YoY+8.3%	$4.84 YoY+10.0%	$4.40 YoY+183.9%
Balance Sheet	as ofMay 31 ’26	as ofMay 25 ’25	as ofMay 26 ’24	as ofMay 28 ’23	as ofMay 29 ’22
	943M YoY+0.6%	938M YoY+14.0%	823M YoY-17.5%	998M YoY-15.4%	1.18B YoY-37.0%
Cash & equivalents	220M YoY-8.5%	240M YoY+23.2%	195M YoY-47.0%	368M YoY-12.6%	421M YoY-65.4%
Accounts receivable	130M YoY+38.5%	93.8M YoY+18.6%	79.1M YoY-1.4%	80.2M YoY+11.4%	72.0M YoY+5.6%
Inventory	326M YoY+4.7%	312M YoY+7.3%	291M YoY+0.9%	288M YoY+6.4%	271M YoY+41.8%
Prepaid expenses	127M YoY-18.7%	157M YoY+14.6%	137M YoY-11.5%	155M YoY+9.3%	141M YoY+134.9%
	12.9B YoY+2.2%	12.6B YoY+11.2%	11.3B YoY+10.6%	10.2B YoY+1.0%	10.1B YoY-4.9%
Operating lease right-of-use	3.43B YoY-3.5%	3.56B YoY+3.7%	3.43B YoY+1.6%	3.37B YoY-2.6%	3.47B YoY-8.2%
Goodwill	1.66B YoY-0.1%	1.66B YoY+19.3%	1.39B YoY+34.1%	1.04B YoY+0.0%	1.04B YoY+0.0%
Intangible assets	—	14.3M YoY-11.7%	16.2M YoY+43.4%	11.3M YoY-15.0%	13.3M YoY-13.1%
Other non-current assets	433M YoY+16.6%	372M YoY+6.9%	348M YoY+15.4%	301M YoY+3.3%	292M YoY-1.4%
	3.01B YoY+33.7%	2.25B YoY+2.5%	2.19B YoY+13.2%	1.94B YoY+4.9%	1.85B YoY-0.0%
Accounts payable	428M YoY-2.7%	440M YoY+10.0%	400M YoY-6.3%	426M YoY+16.2%	367M YoY+20.5%
Short-term & current debt	694M	0.00 YoY-100.0%	86.8M	0.00	0.00
Current lease liability	217M YoY-1.6%	220M YoY+10.7%	199M YoY+8.9%	183M YoY-1.8%	186M YoY+5.1%
Other current liabilities	955M YoY+4.6%	913M YoY+7.8%	847M YoY+12.6%	753M YoY+6.8%	705M YoY-11.5%
	10.7B YoY+3.7%	10.3B YoY+13.2%	9.08B YoY+12.9%	8.04B YoY+1.3%	7.94B YoY+1.2%
Long-term debt	1.64B YoY-23.1%	2.13B YoY+55.3%	1.37B YoY+54.9%	885M YoY-1.8%	901M YoY-3.1%
Deferred revenue (non-current)	11.4M YoY+115.1%	5.30M YoY+8.2%	4.90M YoY+81.5%	2.70M YoY-3.6%	2.80M YoY+27.3%
Non-current lease liability	3.72B YoY-2.5%	3.82B YoY+3.0%	3.70B YoY+1.0%	3.67B YoY-2.3%	3.76B YoY-8.1%
Deferred tax liabilities	344M YoY+23.2%	279M YoY+20.2%	232M YoY+63.2%	142M YoY-29.3%	201M YoY-9.3%
Other non-current liabilities	1.95B YoY+7.9%	1.80B YoY+14.1%	1.58B YoY+12.3%	1.41B YoY+14.3%	1.23B YoY+63.2%
	2.21B YoY-4.5%	2.31B YoY+3.1%	2.24B YoY+1.9%	2.20B YoY+0.2%	2.20B YoY-21.9%
Preferred stock	0.00	0.00	0.00	0.00	0.00
Retained earnings	-108M YoY-573.3%	-16.1M YoY+54.6%	-35.5M YoY-9.2%	-32.5M YoY-25.5%	-25.9M YoY-105.0%
Accumulated other comprehensive income	19.6M YoY-38.4%	31.8M YoY+24.2%	25.6M YoY+700.0%	3.20M YoY+268.4%	-1.90M YoY-145.2%
Total liabilities & equity	12.9B YoY+2.2%	12.6B YoY+11.2%	11.3B YoY+10.6%	10.2B YoY+1.0%	10.1B YoY-4.9%
	114M YoY-2.5%	117M YoY-1.6%	119M YoY-1.8%	121M YoY-2.3%	124M YoY-5.3%
	114M YoY-2.5%	117M YoY-1.6%	119M YoY-1.8%	121M YoY-2.3%	124M YoY-5.3%
	114M YoY-2.5%	117M YoY-1.5%	119M YoY-1.8%	121M YoY-2.3%	124M YoY-5.2%
Cash Flow	as ofMay 31 ’26	as ofMay 25 ’25	as ofMay 26 ’24	as ofMay 28 ’23	as ofMay 29 ’22
	1.85B YoY+8.6%	1.71B YoY+5.3%	1.62B YoY+4.4%	1.55B YoY+22.8%	1.26B YoY+6.0%
Depreciation & amortization	561M YoY+8.7%	516M YoY+12.2%	460M YoY+18.6%	388M YoY+5.3%	368M YoY+5.0%
Share-based compensation	79.1M YoY+0.0%	79.1M YoY+15.5%	68.5M YoY+1.5%	67.5M YoY+11.6%	60.5M YoY-16.4%
Deferred income taxes	69.7M YoY+7644.4%	900K YoY+228.6%	-700K YoY+98.8%	-56.1M YoY-115.8%	-26.0M YoY-115.7%
Change in inventory	14.7M YoY-28.3%	20.5M YoY+466.1%	-5.60M YoY-132.4%	17.3M YoY-78.3%	79.8M YoY+595.7%
Change in payables	-22.6M YoY-185.0%	26.6M YoY+335.4%	-11.3M YoY-127.6%	40.9M YoY-5.3%	43.2M YoY-11.7%
	-711M YoY+44.3%	-1.28B YoY+3.5%	-1.32B YoY-133.0%	-568M YoY-46.1%	-389M YoY-47.5%
Capital expenditure	734M YoY+13.9%	645M YoY+7.2%	601M YoY+6.4%	565M YoY+49.9%	377M YoY+47.9%
Free cash flow	1.12B YoY+5.3%	1.06B YoY+4.1%	1.02B YoY+3.3%	988M YoY+11.3%	888M YoY-5.4%
Acquisitions	0.00 YoY-100.0%	614M YoY-12.5%	701M	0.00	0.00
Proceeds from sale of PP&E	45.5M YoY+1720.0%	2.50M YoY-24.2%	3.30M YoY-87.0%	25.4M YoY+151.5%	10.1M YoY+87.0%
Other investing activities	-3.50M YoY+27.1%	-4.80M YoY-220.0%	-1.50M YoY-200.0%	-500K YoY+85.3%	-3.40M YoY-183.3%
	-1.16B YoY-201.7%	-386M YoY+20.2%	-483M YoY+53.2%	-1.03B YoY+35.8%	-1.61B YoY-236.1%
Long-term debt issued	0.00 YoY-100.0%	750M YoY-31.8%	1.10B	0.00	0.00
Long-term debt repaid	0.00	0.00 YoY-100.0%	600M	0.00	0.00
Common stock issued	25.0M YoY-55.0%	55.6M YoY+27.5%	43.6M YoY+23.2%	35.4M YoY-11.9%	40.2M YoY-13.0%
Common stock repurchased	672M YoY+60.6%	418M YoY-7.9%	454M YoY-1.0%	459M YoY-57.2%	1.07B YoY+2259.7%
Dividends paid	693M YoY+5.2%	659M YoY+4.8%	628M YoY+6.5%	590M YoY+4.8%	563M YoY+177.9%
Other financing activities	—	—	—	-200K YoY+92.6%	-2.70M
Net change in cash	-26.9M YoY-178.2%	34.4M YoY+117.5%	-196M YoY-250.8%	-55.9M YoY+92.5%	-743M YoY-264.5%
Interest paid	189M YoY+9.7%	172M YoY+27.2%	135M YoY+64.0%	82.4M YoY+26.8%	65.0M YoY+4.0%
Income taxes paid	110M YoY-26.7%	151M YoY+8.7%	139M YoY+192.4%	47.4M YoY-53.8%	103M YoY+64.2%
Valuation Ratios	as ofMay 31 ’26	as ofMay 25 ’25	as ofMay 26 ’24	as ofMay 28 ’23	as ofMay 29 ’22
Market cap	23.4B YoY-2.2%	23.9B YoY+35.5%	17.6B YoY-9.7%	19.5B YoY+24.1%	15.7B YoY-16.1%
P/E	21.1× YoY-6.8%	22.7× YoY+33.1%	17.0× YoY-17.2%	20.6× YoY+36.0%	15.1×
P/S	1.8× YoY-9.9%	2.0× YoY+29.1%	1.6× YoY-16.8%	1.9× YoY+11.9%	1.7× YoY-44.2%
P/B	11.1× YoY+2.4%	10.8× YoY+34.2%	8.1× YoY-15.3%	9.5× YoY+38.7%	6.9× YoY-5.5%
P/FCF	22.8× YoY+1.4%	22.5× YoY+26.6%	17.7× YoY-11.1%	20.0× YoY+28.4%	15.6× YoY-76.9%
	4.7% YoY+7.3%	4.4% YoY-24.8%	5.9% YoY+20.8%	4.9% YoY-26.5%	6.6%
	4.4% YoY-1.4%	4.5% YoY-21.0%	5.6% YoY+12.5%	5.0% YoY-22.1%	6.4% YoY+333.0%
	2.9% YoY+7.2%	2.7% YoY-22.7%	3.6% YoY+18.3%	3.0% YoY-14.0%	3.5% YoY+222.6%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: DRI's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all DRI filings on SEC EDGAR → Not investment advice.