The financials
Papa John's International, Inc. by the numbers
Papa John's International, Inc. (PZZA) reported revenue of $479M in Q1 2026 (quarter ended Mar 29, 2026), down 7.7% from the same quarter a year earlier. That came with a gross margin of 29% and net income of $7.3M (1.5% of revenue). For the full year FY2025, revenue was $2.05B (−0.3% year on year) and net income $31M. Its largest product in Jun 2026 was Commissary at $231M, 48% of the disclosed total, ahead of Company Owned Restaurant Sales at 29%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $479M | $518M | −7.7% |
| Gross profit | $138M | $152M | −9.3% |
| Operating income | $21M | $24M | −13% |
| Net income | $7.3M | $9.2M | −21% |
| Diluted EPS | $0.21 | $0.27 | −22% |
| Product | Revenue | Share |
|---|---|---|
| Commissary | $231M | 48% |
| Company Owned Restaurant Sales | $142M | 29% |
| Franchisor | $47M | 9.7% |
| Advertising | $41M | 8.6% |
| Product And Service Other | $21M | 4.4% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $482.4M (+0.79%)
Commissary grew -1.6% year on yearCompany Owned Restaurant Sales -21% year on year
Segment Latestquarter on quarteryear on year
- Commissary$230.8M$230.8MQoQ +3.7%year on year -1.6%+3.7%-1.6%
- Company Owned Restaurant Sales$142.2M$142.2MQoQ -0.67%year on year -21%-0.67%-21%
- Franchisor$46.6M$46.6MQoQ -2.1%year on year -3.6%-2.1%-3.6%
- Advertising$41.4M$41.4MQoQ -4.9%year on year -6.4%-4.9%-6.4%
- Product And Service Other$21.5M$21.5MQoQ -1.5%year on year -7.2%-1.5%-7.2%