EXHIBIT 99.1 Exhibit 99.1 PRESS RELEASE FOR IMMEDIATE RELEASE Contact: Etienne Marcus (818) 871-3000 investorrelations@thecheesecakefactory.com THE CHEESECAKE FACTORY REPORTS RESULTS FOR FOURTH QUARTER OF FISCAL 2025 CALABASAS HILLS, Calif. – February 18, 2026 – The Cheesecake Factory Incorporated (NASDAQ: CAKE) today reported financial results for the fourth quarter of fiscal 2025, which ended on December 30, 2025. Total revenues were $961.6 million in the fourth quarter of fiscal 2025 compared to $921.0 million in the fourth quarter of fiscal 2024. Fourth quarter fiscal 2025 includes $17.3 million of gift card breakage revenue as a result of a change in historical redemption patterns. Net income and diluted net income per share were $28.8 million and $0.60, respectively, in the fourth quarter of fiscal 2025. The Company recorded a pre-tax net expense of $24.6 million related to impairment of assets and lease termination expenses, Fox Restaurant Concepts (“FRC”) acquisition-related items, gift card breakage and gift card inventory adjustments. Excluding the after-tax impact of these and certain other items, adjusted net income and adjusted diluted net income per share for the fourth quarter of fiscal 2025 were $48.3 million and $1.00, respectively. Please see the Company’s reconciliation of non-GAAP financial measures at the end of this press release. Comparable restaurant sales at The Cheesecake Factory restaurants declined 2.2% year-over-year in the fourth quarter of fiscal 2025. “We delivered solid fourth quarter and full-year results in 2025, generating record annual revenue supported by 25 new restaurant openings for the year,” said David Overton, Chairman and Chief Executive Officer. “Despite a more challenging operating environment across the restaurant industry, including weather-related impacts, revenue for the quarter finished within our expected range. Margins and adjusted diluted net income per share finished toward the higher end of our expectations, reflecting the resilience of our business and strong operational execution. Our operators remained focused on the factors within their control, delivering year-over-year improvements in labor productivity, wage management, hourly staff and manager retention, and guest satisfaction.” “During the fourth quarter, we opened seven new restaurants and delivered approximately 7% unit growth for the year. Looking ahead, we expect to open as many as 26 restaurants this year, and with a strong pipeline in place we remain confident in our ability to achieve our development goal.” “Underscoring our confidence in the strength and consistency of the business, we also announced an increase of 5.0 million shares to our repurchase authorization and raised our quarterly dividend to $0.30 per share. While the operating environment remains competitive, our strong operational execution, continued menu innovation, and portfolio of high-quality concepts differentiate our business and position us well for long-term growth and shareholder value creation.” 26901 Malibu Hills Road, Calabasas Hills, CA 91301 • Telephone (818) 871-3000 Development During the fourth quarter of fiscal 2025, the Company opened two Cheesecake Factory, two North Italia, and three FRC restaurants. Subsequent to quarter-end, the Company opened one Flower Child location and closed four restaurants, including two Cheesecake Factory restaurants, one Grand Lux Cafe, and one FRC location. The Company now expects to open as many as 26 new restaurants in fiscal 2026, including as many as six The Cheesecake Factory restaurants, six to seven North Italia locations, six to seven Flower Child locations and as many as eight FRC restaurants. Liquidity and Capital Allocation As of December 30, 2025, the Company had total available liquidity of $582.2 million, including a cash balance of $215.7 million and $366.5 million of availability on its revolving credit facility with no outstanding balance. Total principal amount of debt outstanding was $644.0 million, including $69.0 million in principal amount of 0.375% convertible senior notes due 2026 and $575.0 million in principal amount of 2.00% convertible senior notes due 2030. During the fourth quarter of fiscal 2025, the Company repurchased approximately 228,100 shares of its stock at a cost of $11.2 million. On February 12, 2026, the Company’s Board of Directors approved an increase of 5.0 million shares to the existing repurchase program raising the total authorization to 66 million shares, of which approximately 6.0 million shares remain available for repurchase following the increase. Also on February 12, 2026, the Board approved a $0.03 increase in the quarterly dividend to $0.30 per share to be paid on March 17, 2026, to shareholders of record at the close of business on March 4, 2026. Conference Call and Webcast The Company will hold a conference call to review its results for the fourth quarter of fiscal 2025 today at 2:00 p.m. Pacific Time. The conference call will be webcast live on the Company’s website at investors.thecheesecakefactory.com. About The Cheesecake Factory Incorporated The Cheesecake Factory Incorporated is a leader in experiential dining. We are culinary forward and relentlessly focused on hospitality. Delicious, memorable experiences created by passionate people—this defines who we are and where we are going. We currently own and operate 368 restaurants throughout the United States and Canada under brands including The Cheesecake Factory ® , North Italia ® , Flower Child ® and a collection of other FRC brands. Internationally, 35 The Cheesecake Factory ® restaurants operate under licensing agreements. Our bakery division operates two facilities that produce quality cheesecakes and other baked products for our restaurants, international licensees and third-party bakery customers. In 2025, we were named to the FORTUNE Magazine “100 Best Companies to Work For ® ” list for the twelfth consecutive year. To learn more, visit www.thecheesecakefactory.com , www.northitalia.com , www.iamaflowerchild.com and www.foxrc.com . From Fortune. ©2026 Fortune Media IP Limited. All rights reserved. Used under license. Fortune® and Fortune 100 Best Companies to Work For® are registered trademarks of Fortune Media IP Limited and are used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, The Cheesecake Factory Incorporated. 26901 Malibu Hills Road, Calabasas Hills, CA 91301 • Telephone (818) 871-3000 Safe Harbor Statement This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as codified in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, without limitation, statements regarding the Company’s operations, growth, restaurant development and other objectives. Such forward-looking statements include all other statements that are not historical facts, as well as statements that are preceded by, followed by or that include words or phrases such as “believe,” “plan,” “will likely result,” “expect,” “intend,” “will continue,” “is anticipated,” “estimate,” “project,” “may,” “could,” “would,” “should” and similar expressions. These statements are based on current expectations and involve risks and uncertainties which may cause results to differ materially from those set forth in such statements. Investors are cautioned that forward-looking statements are not guarantees of future performance and that undue reliance should not be placed on such statements. These forward-looking statements may be affected by various factors including: economic, public health and political conditions that impact consumer confidence and spending, including government shutdowns, trade policy, interest rate fluctuations, periods of heightened inflation and market instability, and armed conflicts; supply chain disruptions; demonstrations, political unrest, potential damage to or closure of the Company’s restaurants and potential reputational damage to the Company or any of its brands; pandemics and related containment measures, including the potential for quarantines or restriction on in-person dining; acceptance and success of The Cheesecake Factory in international markets; acceptance and success of North Italia, Flower Child and Other Fox Restaurant Concepts restaurants; the risks of doing business abroad through Company-owned restaurants and/or licensees; foreign exchange rates, tariffs and cross border taxation; changes in unemployment rates; increases in minimum wages and benefit costs; the economic health of the Company’s landlords and other tenants in retail centers in which its restaurants are located, and the Company’s ability to successfully manage its lease arrangements with landlords; the economic health of suppliers, licensees, vendors and other third parties providing goods or services to the Company; the timing of new unit development and related permitting; compliance with debt covenants; strategic capital allocation decisions including with respect to share repurchases or dividends; the ability to achieve projected financial results; the resolution of uncertain tax positions with the Internal Revenue Service and the impact of changes in tax laws ; changes in laws impacting the Company’s business; adverse weather conditions and natural disasters in regions in which the Company’s restaurants are located; factors that are under the control of government agencies, landlords and other third parties; the risks, costs and uncertainties associated with opening new restaurants; and other risks and uncertainties detailed from time to time in the Company’s filings with the Securities and Exchange Commission (“SEC”). Forward-looking statements speak only as of the dates on which they are made, and the Company undertakes no obligation to publicly update or revise any forward-looking statements or to make any other forward-looking statements, whether as a result of new information, future events or otherwise, unless required to do so by law. Investors are referred to the full discussion of risks and uncertainties associated with forward-looking statements and the discussion of risk factors contained in the Company’s latest Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K as filed with the SEC, which are available at www.sec.gov. 26901 Malibu Hills Road, Calabasas Hills, CA 91301 • Telephone (818) 871-3000 The Cheesecake Factory Incorporated Condensed Consolidated Statements of Income (unaudited; in thousands, except per share data) 13 Weeks Ended 13 Weeks Ended 52 Weeks Ended 52 Weeks Ended Consolidated Statements of Income December 30, 2025 December 31, 2024 December 30, 2025 December 31, 2024 Percent of Percent of Percent of Percent of Amount Revenues Amount Revenues Amount Revenues Amount Revenues Revenues $ 961,558 100.0 % $ 920,963 100.0 % $ 3,751,806 100.0 % $ 3,581,699 100.0 % Costs and expenses: Food and beverage costs 207,389 21.6 % 205,768 22.3 % 813,147 21.7 % 806,021 22.5 % Labor expenses 325,526 33.8 % 315,231 34.2 % 1,312,894 35.0 % 1,264,382 35.3 % Other operating costs and expenses 256,144 26.6 % 247,113 26.8 % 1,014,015 27.0 % 959,221 26.7 % General and administrative expenses 67,209 7.0 % 57,783 6.3 % 244,915 6.5 % 228,737 6.4 % Depreciation and amortization expenses 28,670 3.0 % 26,435 2.9 % 109,031 2.9 % 101,450 2.8 % Impairment of assets and lease termination expenses 22,494 2.3 % 15,224 1.7 % 22,990 0.6 % 13,647 0.4 % Acquisition-related contingent consideration, compensation and amortization expense/(income) 11,529 1.2 % (858 ) (0.1 )% 14,449 0.4 % 2,429 0.1 % Preopening costs 9,362 1.0 % 7,635 0.8 % 33,080 0.9 % 27,495 0.8 % Total costs and expenses 928,323 96.5 % 874,331 94.9 % 3,564,521 95.0 % 3,403,382 95.0 % Income from operations 33,235 3.5 % 46,632 5.1 % 187,285 5.0 % 178,317 5.0 % Interest expense, net (3,000 ) (0.3 )% (2,137 ) (0.2 )% (10,448 ) (0.3 )% (10,107 ) (0.3 )% Loss on debt extinguishment - 0.0 % - 0.0 % (15,891 ) (0.4 )% - 0.0 % Other income, net 467 0.0 % 841 0.0 % 1,949 0.0 % 2,837 0.1 % Income before income taxes 30,702 3.2 % 45,336 4.9 % 162,895 4.3 % 171,047 4.8 % Income tax provision 1,927 0.2 % 4,182 0.4 % 14,468 0.3 % 14,264 0.4 % Net income $ 28,775 3.0 % $ 41,154 4.5 % $ 148,427 4.0 % $ 156,783 4.4 % Basic net income per share $ 0.62 $ 0.86 $ 3.17 $ 3.28 Basic weighted average shares outstanding 46,620 47,953 46,786 47,789 Diluted net income per share $ 0.60 $ 0.83 $ 3.06 $ 3.20 Diluted weighted average shares outstanding 48,346 49,645 48,551 48,974 26901 Malibu Hills Road, Calabasas Hills, CA 91301 • Telephone (818) 871-3000 The Cheesecake Factory Incorporated Selected Segment Information (unaudited; in thousands) For the 13 Weeks Ended December 30, 2025 The Cheesecake Factory North Other restaurants Italia FRC Other Total Revenues $ 681,431 $ 88,174 $ 99,441 $ 92,512 $ 961,558 Costs and expenses: Food and beverage costs 145,373 20,266 21,682 20,068 207,389 Labor expenses 222,484 31,431 36,885 34,726 325,526 Other operating costs and expenses 176,743 23,923 29,216 26,262 256,144 General and administrative expenses - - - 67,209 67,209 Depreciation and amortization expenses 17,470 3,325 3,628 4,247 28,670 Impairment of assets and lease terminations expenses 201 7,869 9,466 4,958 22,494 Acquisition-related contingent consideration, compensation and amortization expenses - - 315 11,214 11,529 Preopening costs 3,735 2,288 2,926 413 9,362 Total costs and expenses 566,006 89,102 104,118 169,097 928,323 Income/(loss) from operations $ 115,425 $ (928 ) $ (4,677 ) $ (76,585 ) $ 33,235 For the 13 Weeks Ended December 31, 2024 The Cheesecake Factory North Other restaurants Italia FRC Other Total Revenues $ 669,382 $ 81,309 $ 85,119 $ 85,153 $ 920,963 Costs and expenses: Food and beverage costs 149,130 18,371 18,346 19,921 205,768 Labor expenses 221,494 29,559 29,941 34,237 315,231 Other operating costs and expenses 175,382 21,598 25,090 25,043 247,113 General and administrative expenses - - - 57,783 57,783 Depreciation and amortization expenses 16,768 2,591 3,143 3,933 26,435 Impairment of assets and lease terminations expenses 330 - 14,893 1 15,224 Acquisition-related contingent consideration, compensation and amortization (income)/expenses - - 315 (1,173 ) (858 ) Preopening costs 1,884 2,230 2,396 1,125 7,635 Total costs and expenses 564,988 74,349 94,124 140,870 874,331 Income/(loss) from operations $ 104,394 $ 6,960 $ (9,005 ) $ (55,717 ) $ 46,632 For the 52 Weeks Ended December 30, 2025 The Cheesecake Factory North Other restaurants Italia FRC Other Total Revenues $ 2,688,797 $ 345,896 $ 355,060 $ 362,053 $ 3,751,806 Costs and expenses: Food and beverage costs 581,264 76,607 77,985 77,291 813,147 Labor expenses 913,001 128,179 132,777 138,937 1,312,894 Other operating costs and expenses 707,738 94,700 107,936 103,641 1,014,015 General and administrative expenses - - - 244,915 244,915 Depreciation and amortization expenses 66,733 12,257 13,215 16,826 109,031 Impairment of assets and lease terminations expenses 505 7,869 9,603 5,013 22,990 Acquisition-related contingent consideration, compensation and amortization expenses - - 1,262 13,187 14,449 Preopening costs 10,253 7,917 11,544 3,366 33,080 Total costs and expenses 2,279,494 327,529 354,322 603,176 3,564,521 Income/(loss) from operations $ 409,303 $ 18,367 $ 738 $ (241,123 ) $ 187,285 For the 52 Weeks Ended December 31, 2024 The Cheesecake Factory North Other restaurants Italia FRC Other Total Revenues $ 2,661,627 $ 299,575 $ 299,969 $ 320,528 $ 3,581,699 Costs and expenses: Food and beverage costs 599,899 69,505 66,665 69,952 806,021 Labor expenses 913,560 111,082 108,377 131,363 1,264,382 Other operating costs and expenses 696,739 82,290 88,672 91,520 959,221 General and administrative expenses - - - 228,737 228,737 Depreciation and amortization expenses 66,010 9,244 11,389 14,807 101,450 Impairment of assets and lease terminations (income)/expenses (1,402 ) - 14,893 156 13,647 Acquisition-related contingent consideration, compensation and amortization expenses - - 1,262 1,167 2,429 Preopening costs 7,499 7,409 9,206 3,381 27,495 Total costs and expenses 2,282,305 279,530 300,464 541,083 3,403,382 Income/(loss) from operations $ 379,322 $ 20,045 $ (495 ) $ (220,555 ) $ 178,317 26901 Malibu Hills Road, Calabasas Hills, CA 91301 • Telephone (818) 871-3000 The Cheesecake Factory Incorporated Selected Operating, Restaurant and Balance Sheet Information (unaudited; in thousands, except statistical data) 13 Weeks Ended 13 Weeks Ended 52 Weeks Ended 52 Weeks Ended The Cheesecake Factory restaurants operating information: December 30, 2025 December 31, 2024 December 30, 2025 December 31, 2024 Comparable restaurant sales vs. prior year (2.2 )% 1.7 % 0.1 % 1.0 % Restaurants opened during period 2 2 4 3 Restaurants open at period-end 218 215 218 215 Restaurant operating weeks 2,821 2,795 11,218 11,214 North Italia operating information: Comparable restaurant sales vs. prior year (4 )% 1 % (2 )% 2 % Restaurants opened during period 2 3 6 6 Restaurants open at period-end 48 42 48 42 Restaurant operating weeks 606 535 2,355 2,021 Other Fox Restaurant Concepts (FRC) operating information: (1) Restaurants opened during period 3 2 9 8 Restaurants open at period-end 56 48 56 48 Restaurant operating weeks 715 611 2,675 2,264 Other operating information: (2) Restaurants opened during period - 2 6 6 Restaurants open at period-end 49 43 49 43 Restaurant operating weeks 637 551 2,477 2,114 Number of company-owned restaurants: The Cheesecake Factory 218 North Italia 48 Other FRC 56 Other 49 Total 371 Number of international-licensed restaurants: The Cheesecake Factory 35 (1) The Other FRC segment includes all FRC brands except Flower Child. (2) The Other segment includes the Flower Child, Grand Lux Cafe and Social Monk Asian Kitchen concepts, as well as the Company's third-party bakery, international and consumer packaged goods businesses, unallocated corporate expenses and gift card costs. Selected Consolidated Balance Sheet Information December 30, 2025 December 31, 2024 Cash and cash equivalents $ 215,729 $ 84,176 Current and long-term debt, net of issuance costs (1) 630,074 452,062 (1) Includes $68.8 million net balance of 0.375% convertible senior notes due 2026 (principal amount of $69 million less $0.2 million in unamortized issuance costs) and $561.3 million net balance of 2.00% convertible senior notes due 2030 (principal amount of $575 million less $13.7 million in unamortized issuance costs). The unamortized issuance costs were recorded as a contra-liability and netted with current and long-term debt on the Condensed Consolidated Balance Sheet and are being amortized as interest expense. 26901 Malibu Hills Road, Calabasas Hills, CA 91301 • Telephone (818) 871-3000 Reconciliation of Non-GAAP Results to GAAP Results In addition to the results provided in accordance with accounting principles generally accepted in the United States of America (“GAAP”) in this press release, the Company is providing non-GAAP measurements which present net income and net income per share excluding the impact of certain items. The non-GAAP measurements are intended to supplement the presentation of the Company’s financial results in accordance with GAAP. These non-GAAP measures are calculated by eliminating from net income and diluted net income per share the impact of items the Company does not consider indicative of its ongoing operations. The Company uses these non-GAAP financial measures for financial and operational decision-making and as a means to evaluate period-to-period comparisons. The Cheesecake Factory Incorporated Reconciliation of Non-GAAP Financial Measures (unaudited; in thousands, except per share data) 13 Weeks Ended 13 Weeks Ended 52 Weeks Ended 52 Weeks Ended December 30, 2025 December 31, 2024 December 30, 2025 December 31, 2024 Net income (GAAP) $ 28,775 $ 41,154 $ 148,427 $ 156,783 Impairment of assets and lease termination expenses (1) 22,494 15,224 22,990 13,647 Acquisition-related contingent consideration, compensation and amortization expense/(income) (2) 11,529 (858 ) 14,449 2,429 Gift card adjustment, net (3) (9,396 ) - (9,396 ) - Loss on extinguishment of debt (4) - - 15,891 - Uncertain tax positions (5) 1,306 - 2,023 - Tax effect of adjustments (6) (6,403 ) (3,735 ) (11,423 ) (4,180 ) Adjusted net income (non-GAAP) $ 48,305 $ 51,785 $ 182,961 $ 168,679 Diluted net income per share (GAAP) $ 0.60 $ 0.83 $ 3.06 $ 3.20 Impairment of assets and lease termination expenses (1) 0.47 0.31 0.47 0.28 Acquisition-related contingent consideration, compensation and amortization expense/(income) (2) 0.24 (0.02 ) 0.30 0.05 Gift card adjustment, net (3) (0.19 ) - (0.19 ) - Loss on extinguishment of debt (4) - - 0.33 - Uncertain tax positions (5) 0.03 - 0.04 - Tax effect of adjustments (6) (0.13 ) (0.08 ) (0.24 ) (0.09 ) Adjusted diluted net income per share (non-GAAP) (7) $ 1.00 $ 1.04 $ 3.77 $ 3.44 (1) A detailed breakdown of impairment of assets and lease termination expenses recorded in the thirteen and fifty-two weeks ended December 30, 2025 and December 31, 2024 can be found in the Selected Segment Information table. (2) Represents changes in the fair value of the deferred consideration and contingent consideration and compensation liabilities related to the North Italia and FRC acquisition, as well as amortization of acquired definite-lived licensing agreements. (3) Represents gift card breakage revenue of $17.3 million as a result of a change in historical redemption patterns, partially offset by a non-recurring $7.9 million write-down of gift card inventory. (4) Represents premium paid and acceleration of previously unamortized deferred financing costs as a result of partial redemption of our convertible senior notes due 2026. (5) Represents a reserve for uncertain tax position related to tenant improvements allowances and Section 199 deductions. Uncertain tax positions taken in a tax return are recognized in the financial statements when it is more likely than not that the position will be sustained upon examination by tax authorities based on technical merits, taking into account available administrative remedies and litigation. (6) Based on the federal statutory rate and an estimated blended state tax rate, the tax effect on all adjustments assumes a 26% tax rate for the fiscal 2025 and 2024 periods. (7) Adjusted net income per share may not add due to rounding. 26901 Malibu Hills Road, Calabasas Hills, CA 91301 • Telephone (818) 871-3000

the item shown at left

other guidance in this release

Text is the filed exhibit, verbatim.