Papa John's International, Inc. (PZZA) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 478.61M | 498.18M | 508.15M | 529.17M | 518.31M | 530.77M | 506.81M | 507.89M | 513.92M | 571.32M | 522.81M | 514.53M | 527.05M | 526.23M | 510.51M | 522.66M | 542.69M | 528.88M | 512.78M | 515.01M |
| Revenue Growth % | -7.66% | -6.14% | 0.27% | 4.19% | 0.85% | -7.1% | -3.06% | -1.29% | -2.49% | 8.57% | 2.41% | -1.56% | -2.88% | -0.5% | -0.44% | 1.49% | 6.05% | 12.57% | 8.42% | 11.81% |
| Cost of Goods Sold | 401.86M | 421.14M | 410.59M | 371.72M | 366.5M | 423.57M | 355.22M | 363.04M | 367.67M | 472.84M | 422.37M | 413.6M | 422.59M | 368.73M | 359.62M | 439.12M | 378.67M | 424.25M | 352.62M | 347.95M |
| COGS % of Revenue | 83.96% | 84.54% | 80.8% | 70.25% | 70.71% | 79.8% | 70.09% | 71.48% | 71.54% | 82.76% | 80.79% | 80.38% | 80.18% | 70.07% | 70.44% | 84.01% | 69.78% | 80.22% | 68.77% | 67.56% |
| Gross Profit | 76.75M | 77.04M | 97.56M | 157.45M | 151.81M | 107.2M | 151.59M | 144.86M | 146.25M | 98.48M | 100.44M | 100.93M | 104.46M | 157.5M | 150.89M | 83.55M | 164.03M | 104.64M | 160.16M | 167.06M |
| Gross Margin % | 16.04% | 15.46% | 19.2% | 29.75% | 29.29% | 20.2% | 29.91% | 28.52% | 28.46% | 17.24% | 19.21% | 19.62% | 19.82% | 29.93% | 29.56% | 15.99% | 30.22% | 19.78% | 31.23% | 32.44% |
| Gross Profit Growth % | -49.44% | -28.13% | -35.64% | 8.69% | 3.8% | 8.85% | 50.91% | 43.53% | 40% | -37.47% | -33.43% | 20.8% | -36.31% | 50.52% | -5.79% | -49.99% | -0.92% | 19.55% | 78.13% | 82.9% |
| Operating Expenses | 50.5M | 59.64M | 81.39M | 132.96M | 127.85M | 77.67M | 86.36M | 116.63M | 112.53M | 55.92M | 68.58M | 66.01M | 66.67M | 121.27M | 131.43M | 44.65M | 149.59M | 66.47M | 121.59M | 122.42M |
| OpEx % of Revenue | 10.55% | 11.97% | 16.02% | 25.13% | 24.67% | 14.63% | 17.04% | 22.96% | 21.9% | 9.79% | 13.12% | 12.83% | 12.65% | 23.05% | 25.74% | 8.54% | 27.56% | 12.57% | 23.71% | 23.77% |
| Selling, General & Admin | 56M | -28.3M | 54.44M | 111.67M | 106.48M | 53.03M | 13.55M | 92.91M | 85.33M | 55.92M | 50.4M | 50.32M | 51.94M | 52.16M | 44.71M | 44.65M | 65.94M | 54.49M | 51.92M | 50.37M |
| SG&A % of Revenue | 11.7% | -5.68% | 10.71% | 21.1% | 20.54% | 9.99% | 2.67% | 18.29% | 16.6% | 9.79% | 9.64% | 9.78% | 9.86% | 9.91% | 8.76% | 8.54% | 12.15% | 10.3% | 10.12% | 9.78% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 26.26M | 17.4M | 16.17M | 24.49M | 23.96M | 29.53M | 65.23M | 28.23M | 33.72M | 42.57M | 31.87M | 34.91M | 37.8M | 36.23M | 19.46M | 38.9M | 14.44M | 38.16M | 38.58M | 44.64M |
| Operating Margin % | 5.49% | 3.49% | 3.18% | 4.63% | 4.62% | 5.56% | 12.87% | 5.56% | 6.56% | 7.45% | 6.1% | 6.79% | 7.17% | 6.88% | 3.81% | 7.44% | 2.66% | 7.22% | 7.52% | 8.67% |
| Operating Income Growth % | 9.56% | -41.08% | -75.21% | -13.24% | -28.93% | -30.62% | 104.69% | -19.15% | -10.79% | 17.49% | 63.75% | -10.26% | 161.84% | -5.07% | -49.55% | -12.84% | -69.2% | 93.75% | 57.14% | 46.19% |
| EBITDA | 43.98M | 47.57M | 41.09M | 43.31M | 42.31M | 46.41M | 82.49M | 45.82M | 51.39M | 59.84M | 48.27M | 50.6M | 52.52M | 50.25M | 32.8M | 51.64M | 26.38M | 50.15M | 50.05M | 57.11M |
| EBITDA Margin % | 9.19% | 9.55% | 8.09% | 8.18% | 8.16% | 8.74% | 16.28% | 9.02% | 10% | 10.47% | 9.23% | 9.83% | 9.96% | 9.55% | 6.42% | 9.88% | 4.86% | 9.48% | 9.76% | 11.09% |
| EBITDA Growth % | 3.96% | 2.5% | -50.19% | -5.48% | -17.68% | -22.44% | 70.88% | -9.45% | -2.14% | 19.09% | 47.18% | -2.01% | 99.12% | 0.2% | -34.47% | -9.59% | -55.85% | 56.88% | 34.15% | 33.1% |
| D&A (Non-Cash Add-back) | 17.73M | 30.17M | 24.91M | 18.82M | 18.34M | 16.88M | 17.26M | 17.59M | 17.67M | 17.27M | 16.4M | 15.69M | 14.72M | 14.02M | 13.34M | 12.73M | 11.94M | 11.99M | 11.48M | 12.48M |
| EBIT | 26.26M | 85.75M | 16.17M | 24.49M | 23.96M | 29.53M | 65.23M | 28.23M | 33.72M | 42.57M | 31.87M | 34.91M | 37.8M | 32.97M | 33.59M | 40.41M | 25.64M | 40.08M | 40.73M | 47.97M |
| Net Interest Income | 9.68M | -71.39M | -9.95M | -10.6M | -10.08M | -9.99M | -10.63M | -10.9M | -11.06M | -11.79M | -11.38M | -11.28M | -9.02M | -7.29M | -7.62M | -6.08M | -4.26M | -7.93M | -3.98M | -3.65M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -9.68M | 71.39M | 9.95M | 10.6M | 10.08M | 9.99M | 10.63M | 10.9M | 11.06M | 11.79M | 11.38M | 11.28M | 9.02M | 7.29M | 7.62M | 6.08M | 4.26M | 7.93M | 3.98M | 3.65M |
| Other Income/Expense | -15.18M | -3.04M | -9.95M | -10.58M | -10.08M | -9.99M | -10.63M | -10.9M | -11.06M | -11.79M | -11.38M | -11.28M | -9.02M | -7.29M | -7.62M | -6.08M | -1.75M | -6.02M | -3.98M | -3.65M |
| Pretax Income | 11.07M | 14.36M | 6.23M | 13.91M | 13.89M | 19.54M | 54.6M | 17.33M | 22.66M | 30.77M | 20.49M | 23.64M | 28.77M | 28.94M | 11.84M | 32.82M | 12.68M | 32.15M | 34.6M | 40.99M |
| Pretax Margin % | 2.31% | 2.88% | 1.23% | 2.63% | 2.68% | 3.68% | 10.77% | 3.41% | 4.41% | 5.39% | 3.92% | 4.59% | 5.46% | 5.5% | 2.32% | 6.28% | 2.34% | 6.08% | 6.75% | 7.96% |
| Income Tax | -4.14M | 5.73M | 1.75M | 4.24M | 4.54M | 4.58M | 12.81M | 4.79M | 7.74M | 4.33M | 4.54M | 5.78M | 6.23M | 5.21M | 3.37M | 7.09M | 1.26M | 6.61M | 4.06M | 7.4M |
| Effective Tax Rate % | -37.35% | 39.9% | 28.16% | 30.45% | 32.72% | 23.45% | 23.47% | 27.66% | 34.17% | 14.07% | 22.15% | 24.44% | 21.65% | 18% | 28.5% | 21.61% | 9.9% | 20.55% | 11.73% | 18.05% |
| Net Income | 15.21M | 7.07M | 4.71M | 9.53M | 9.22M | 14.8M | 41.81M | 12.24M | 14.64M | 26.09M | 15.86M | 17.77M | 22.38M | 23.51M | 8.33M | 25.43M | 10.49M | 24.62M | 29.26M | 32.25M |
| Net Margin % | 3.18% | 1.42% | 0.93% | 1.8% | 1.78% | 2.79% | 8.25% | 2.41% | 2.85% | 4.57% | 3.03% | 3.45% | 4.25% | 4.47% | 1.63% | 4.87% | 1.93% | 4.66% | 5.71% | 6.26% |
| Net Income Growth % | 64.95% | -52.22% | -88.74% | -22.15% | -36.99% | -43.28% | 163.59% | -31.1% | -34.59% | 10.97% | 90.39% | -30.14% | 113.23% | -4.5% | -71.52% | -21.15% | -69.03% | 87.01% | 86.25% | 56.47% |
| Net Income (Continuing) | 15.21M | 8.63M | 4.47M | 9.67M | 9.34M | 14.96M | 41.79M | 12.54M | 14.91M | 26.44M | 15.95M | 17.86M | 22.55M | 23.73M | 8.46M | 25.73M | 11.43M | 25.54M | 30.54M | 33.59M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 11.67M | 12.06M | 15.85M | 16.14M | 15.99M | 16.21M | 16.25M | 16.49M | 16.37M | 16.33M | 16.2M | 16.58M | 17.09M | 16.95M | 16.85M | 16.93M | 20.96M | 20.71M | 15.29M | 15.29M |
| EPS (Diluted) | 0.21 | 0.21 | 0.13 | 0.28 | 0.27 | 0.44 | 1.27 | 0.37 | 0.44 | 0.79 | 0.48 | 0.54 | 0.65 | 0.66 | 0.23 | 0.70 | 0.29 | 0.67 | 0.79 | -2.30 |
| EPS Growth % | -22.22% | -52.27% | -89.76% | -24.32% | -38.64% | -44.3% | 164.58% | -31.48% | -32.31% | 19.7% | 108.7% | -22.86% | 124.14% | -1.49% | -70.89% | 130.43% | -64.63% | 139.29% | 125.71% | -579.17% |
| EPS (Basic) | 0.21 | 0.21 | 0.14 | 0.28 | 0.28 | 0.45 | 1.28 | 0.37 | 0.45 | 0.80 | 0.49 | 0.55 | 0.66 | 0.66 | 0.23 | 0.71 | 0.29 | 0.67 | 0.80 | -2.30 |
| Diluted Shares Outstanding | 33.05M | 32.95M | 33.04M | 32.97M | 32.92M | 32.96M | 32.93M | 32.85M | 32.91M | 32.83M | 32.8M | 32.65M | 34.32M | 35.34M | 35.45M | 35.82M | 36.24M | 36.51M | 36.72M | 34.73M |
| Basic Shares Outstanding | 32.94M | 32.85M | 32.89M | 32.85M | 32.78M | 32.76M | 32.74M | 32.73M | 32.64M | 32.59M | 32.56M | 32.56M | 34.16M | 35.17M | 35.26M | 35.62M | 35.93M | 36.17M | 36.39M | 34.73M |
| Dividend Payout Ratio | 100.72% | 216.72% | 325.56% | 160.73% | 164.54% | 102.56% | 36.28% | 123.7% | 102.95% | 56.76% | 95.56% | 78.13% | 65.26% | 63.02% | 178.23% | 49.12% | 120.14% | 51.64% | 43.74% | 23.07% |