Hawksmoor turnover rises 9.4% to £109.8m
Filed accounts show the steakhouse group's operating profit climbing to £5.4m, helped by a full year of trading in Chicago and a new St Pancras site.
Hawksmoor's turnover rose 9.4% to £109.8m in the year to 31 December 2025, with operating profit climbing to £5.4m from £1.4m the year before.
The figures, filed this week, show adjusted underlying EBITDA up 13% to £11.2m, from £9.9m. Growth came from a full year of trading at the steakhouse group's Chicago restaurant, plus a new site that opened in St Pancras, alongside like-for-like sales growth across the existing estate.
Hawksmoor ended the year with 15 restaurants: 11 in the UK, three in the US and one in Ireland, up from 14 sites the year before.
Turnover rose 9.4% to £109.8m, and operating profit more than tripled to £5.4m.
Hawksmoor's costs stayed high
Management described the trading environment as "challenging" through the year, pointing to energy and food price rises that squeezed margins even as sales grew. The jump in operating profit suggests those pressures were offset rather than reversed.
The result marks a turnaround from the year before, when Hawksmoor's turnover reached £100.4m but the group slipped into a pre-tax loss, despite management describing parts of 2024 trading as record-level.
More UK and US sites to come
Hawksmoor says it is exploring further openings in the UK and US, and looking at other international markets beyond the three countries it currently trades in. No new sites or dates have been confirmed.
The group's majority owner, private equity firm Graphite Capital, put Hawksmoor up for sale in 2024. No deal has been announced since, and the improved 2025 figures give a clearer number for any future sale process to work from.
The results land in a year of mixed UK hospitality earnings: JD Wetherspoon reported a 28% drop in profit despite £2.2bn in sales, underlining how unevenly rising costs have hit different parts of the sector. Hawksmoor's own menu prices have risen in step with its costs over the past two years, a trade-off the group says customers have largely accepted, given steady demand for its dry-aged beef and the queues still reported at its central London sites.
