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---
description: The October 2 filing reports an USD598.4 million deferred gift-card balance and separates activations from the combined redemption-and-breakage accounting movement.
title: Darden reports USD123.5 million quarterly gift-card activations
image: https://giftcard.news/images/social/v1/darden-reports-usd123-5-million-quarterly-gift-card-activations-91c985718bc2b4acc2856b08a00d8b72.jpg
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# Darden reports USD123.5 million quarterly gift-card activations

The October 2 filing reports an USD598.4 million deferred gift-card balance and separates activations from the combined redemption-and-breakage accounting movement.

By [Maya Bennett](https://giftcard.news/author/maya-bennett/) October 2, 2026 2 min read [ Google News ](https://google.com/preferences/source?q=giftcard.news&utm%5Fsource=giftcard.news&utm%5Fcampaign=giftcard.news) 

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 Darden’s physical gift card can be used across its participating restaurant brands. Product artwork: Darden Restaurants. Photo: Darden Restaurants 

[Darden Restaurants](https://giftcard.news/company/darden-restaurants/) reported USD123.5 million of gift-card activations in the quarter ended August 30, compared with USD121.8 million in the corresponding earlier period. Its October 2 quarterly filing supplies the gift-specific breakdown following the broader September 24 earnings announcement.

The data behind the story 

### Darden quarterly gift-card activations

Darden consolidated gift-card activations in the corresponding three-month periods.

 Gift-card activations 

USD million

Tap or hover for details. All values are also available in the data table.

Source 

Darden fiscal 2027 first-quarter Form 10-Q, Note 2

Unaudited issuer-level activations, not restaurant revenue or card counts. Fiscal quarter endpoints differ under the company’s 52/53-week calendar; no cause for the change is established.

Show data tableHide data table 

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__Darden quarterly gift-card activations (USD million)__
| Category                           | Gift-card activations |
| ---------------------------------- | --------------------- |
| Three months ended August 24, 2025 | 121.8 USD million     |
| Three months ended August 30, 2026 | 123.5 USD million     |

The deferred gift-card balance ended the quarter at USD598.4 million, against USD636.7 million at its beginning and USD588.3 million at the end of the comparable 2025 quarter. These are recorded outstanding obligations, rather than the value of restaurant meals already consumed.

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## In this article

### Companies

* [Darden Restaurants](https://giftcard.news/company/darden-restaurants/)

### Sources and documents

* [Original official procurement or company disclosure](https://www.sec.gov/Archives/edgar/data/940944/000094094426000042/dri-20260830.htm?utm%5Fsource=giftcard.news&utm%5Fcampaign=giftcard.news) — Darden Restaurants
* [Verified original filing or event date](https://www.sec.gov/Archives/edgar/data/940944/000094094426000042/0000940944-26-000042-index.htm?utm%5Fsource=giftcard.news&utm%5Fcampaign=giftcard.news) — Darden Restaurants

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About the author

## [Maya Bennett](https://giftcard.news/author/maya-bennett/)

Journalist — Rewards & Loyalty

Maya Bennett covers customer loyalty, employee rewards and incentive programmes for Gift Card News.

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