PAPA JOHNS INTERNATIONAL INCPZZAEarnings & Financial Report
Papa John's International, Inc., trading as Papa Johns, is an American pizza restaurant chain. As of 2023, it is the fourth largest pizza delivery restaurant chain in the United States, with headquarters in the Louisville, Kentucky and Atlanta, Georgia metropolitan areas.
PZZA Q1 FY2026 Key Financial Metrics
Revenue
$478.6M
Gross Profit
$137.7M
Operating Profit
$20.8M
Net Profit
$6.9M
Gross Margin
28.8%
Operating Margin
4.3%
Net Margin
1.4%
YoY Growth
-7.7%
EPS
$0.21
PAPA JOHNS INTERNATIONAL INC Q1 FY2026 Financial Summary
PAPA JOHNS INTERNATIONAL INC reported revenue of $478.6M (down 7.7% YoY) for Q1 FY2026, with a net profit of $6.9M (down 25.7% YoY) (1.4% margin). Cost of goods sold was $340.9M, operating expenses totaled $117.0M.
Key Financial Metrics
| Total Revenue | $478.6M |
|---|---|
| Net Profit | $6.9M |
| Gross Margin | 28.8% |
| Operating Margin | 4.3% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
PAPA JOHNS INTERNATIONAL INC Q1 FY2026 revenue of $478.6M breaks down across 5 segments, led by Commissary revenues at $222.6M (46.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Commissary revenues | $222.6M | 46.5% |
| Company-owned restaurant sales | $143.1M | 29.9% |
| Franchise royalties and fees | $47.6M | 9.9% |
| Advertising funds revenue | $43.5M | 9.1% |
| Other revenues | $21.8M | 4.6% |
PAPA JOHNS INTERNATIONAL INC Annual Revenue by Year
PAPA JOHNS INTERNATIONAL INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.1B).
PAPA JOHNS INTERNATIONAL INC Quarterly Revenue & Net Profit History
PAPA JOHNS INTERNATIONAL INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $478.6M | -7.7% | $6.9M | 1.4% |
| Q4 FY2025 | $498.2M | -6.1% | $7.1M | 1.4% |
| Q3 FY2025 | $508.2M | +0.3% | $4.7M | 0.9% |
| Q2 FY2025 | $529.2M | +4.2% | $9.5M | 1.8% |
| Q1 FY2025 | $518.3M | +0.9% | $9.2M | 1.8% |
| Q4 FY2024 | $530.8M | -7.1% | $14.8M | 2.8% |
| Q3 FY2024 | $506.8M | -3.1% | $41.8M | 8.2% |
| Q2 FY2024 | $507.9M | -1.3% | $12.2M | 2.4% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $507.9M | $506.8M | $530.8M | $518.3M | $529.2M | $508.2M | $498.2M | $478.6M |
| YoY Growth | -1.3% | -3.1% | -7.1% | 0.9% | 4.2% | 0.3% | -6.1% | -7.7% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $838.4M | $860.9M | $889.0M | $898.1M | $890.4M | $884.1M | $837.5M | $831.9M |
| Liabilities | $1.28B | $1.28B | $1.30B | $1.31B | $1.31B | $1.31B | $1.27B | $1.27B |
| Equity | $-461.7M | $-430.9M | $-429.5M | $-431.9M | $-432.0M | $-439.3M | $-444.8M | N/A |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $30.0M | $13.9M | $50.7M | $31.3M | $35.5M | $39.3M | $19.8M | $7.2M |