Company Description
FAT Brands Inc. operates as a global restaurant franchising company that acquires, markets, and develops fast casual, quick-service, casual dining, and polished casual dining restaurant concepts. The company trades on the OTC market under the symbol FATAQ and is associated with a portfolio of 18 restaurant brands with franchised and company-owned units worldwide.
The company’s restaurant portfolio spans burgers, pizza, Italian, wings, steakhouses, desserts, snack foods, Mediterranean fare, and casual dining. Its brands include Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli’s, Twin Peaks, Great American Cookies, Smokey Bones, Hot Dog on a Stick, Buffalo’s Cafe & Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean, and Ponderosa and Bonanza Steakhouses. Company materials state that FAT Brands franchises and owns more than 2,200 units worldwide.
FAT Brands’ operating model is built around restaurant-brand ownership and franchising. The company develops concepts through franchise relationships, new restaurant openings, multi-brand formats, and menu activity across its portfolio. Recent brand activity includes new Fatburger restaurants, tri-branded Fatburger, Buffalo’s Express, and Hot Dog on a Stick units, Hurricane Grill & Wings openings, and limited-time menu launches at Round Table Pizza, Fazoli’s, Native Grill & Wings, and Ponderosa and Bonanza Steakhouses.
The portfolio gives FAT Brands exposure to several restaurant formats. Fatburger is positioned as a fast-casual burger concept; Round Table Pizza is a pizza franchise; Fazoli’s is a fast and fresh Italian chain; Hurricane Grill & Wings and Native Grill & Wings operate in the wings and sports-grill category; Hot Dog on a Stick operates as a quick-service hot dog and lemonade concept; and Ponderosa and Bonanza Steakhouses are legacy steakhouse concepts. The company also uses co-branded and tri-branded formats to combine complementary quick-service and fast-casual brands at selected locations.
FAT Brands and its direct and indirect subsidiaries, including Twin Hospitality Group Inc., commenced voluntary Chapter 11 cases in the United States Bankruptcy Court for the Southern District of Texas in January 2026. That corporate-status event is part of the company’s current public-company record and is reflected in material-event, governance, capital-structure, and restructuring-related disclosures.
Stock Performance
Fat Brands (FATAQ) stock last traded at $0.0201, down 0.50% from the previous close. Over the past 12 months, the stock has lost 87.5%. At a market capitalization of $342.6K, FATAQ is classified as a micro-cap stock with approximately 17.9M shares outstanding.
FATAQ Rankings
Latest News
Fat Brands has 10 recent news articles. Of the recent coverage, 7 articles coincided with positive price movement and 3 with negative movement. View all FATAQ news →
SEC Filings
Fat Brands has filed 4 recent SEC filings, including 4 Form 8-K. The most recent filing was submitted on April 29, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all FATAQ SEC filings →
Financial Highlights
Fat Brands generated $592.7M in revenue over the trailing twelve months, retaining a 33.7% gross margin, operating income reached -$52.2M (-8.8% operating margin), and net income was -$189.8M, reflecting a -32.0% net profit margin. Diluted earnings per share stood at $-11.60. The company generated -$56.2M in operating cash flow. With a current ratio of 0.30, short-term liquidity bears monitoring.
Upcoming Events
Two French restaurant openings
Fat Brands has 1 upcoming scheduled event. The next event, "Two French restaurant openings", is scheduled for September 1, 2026 (in 111 days). Investors can track these dates to stay informed about potential catalysts that may affect the FATAQ stock price.
Short Interest History
Short interest in Fat Brands (FATAQ) currently stands at 302.5 thousand shares, down 1.9% from the previous reporting period, representing 4.0% of the float. Over the past 12 months, short interest has decreased by 60%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Fat Brands (FATAQ) currently stands at 4.9 days, down 27.5% from the previous period. This days-to-cover ratio represents a balanced liquidity scenario for short positions. The days to cover has increased 386% over the past year, indicating improving liquidity conditions. The ratio has shown significant volatility over the period, ranging from 1.0 to 6.7 days.
FATAQ Company Profile & Sector Positioning
Fat Brands (FATAQ) operates in the Restaurants industry within the broader Consumer Cyclical sector and is listed on the OTC Link.