Papa John's International financials
$20.33+1.19%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 28 | FY24 Dec 29 | FY23 Dec 31 | FY22 Dec 25 | FY21 Dec 26 | FY20 Dec 27 | FY19 Dec 29 | FY18 Dec 30 | FY17 Dec 31 | FY16 Dec 25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.05B | $2.06B | $2.14B | $2.10B | $2.07B | $1.81B | $1.62B | $1.66B | $1.78B | $1.71B |
| Gross profit | $501.1M | $511.6M | $513.2M | $544.4M | $429.3M | $344.2M | $290.5M | $271.8M | $347.2M | $353.4M |
| Gross margin | 24.4% | 24.8% | 24.0% | 25.9% | 20.8% | 19.0% | 17.9% | 16.3% | 19.5% | 20.6% |
| Operating income | $89.1M | $156.7M | $147.1M | $109.0M | $168.2M | $90.3M | $19.8M | $31.8M | $152.7M | $165.4M |
| Net income | $30.5M | $83.5M | $82.1M | $67.4M | $4.1M | $41.7M | -$7.6M | $2.5M | $103.3M | $103.0M |
| Net margin | 1.5% | 4.1% | 3.8% | 3.2% | 0.2% | 2.3% | −0.5% | 0.1% | 5.8% | 6.0% |
| Diluted EPS | $0.90 | $2.54 | $2.48 | $1.89 | $0.12 | $1.28 | $-0.24 | $0.08 | $2.83 | $2.74 |
| EBITDA | $181.4M | $226.1M | $211.2M | $173.1M | $217.1M | $140.0M | $67.1M | $78.2M | $196.4M | $205.5M |
| Operating cash flow | $126.0M | $106.6M | $193.1M | $130.9M | $184.7M | $197.6M | $67.4M | $98.3M | $135.0M | $150.3M |
| Free cash flow | $51.6M | $34.1M | $116.4M | $52.5M | $116.1M | $161.9M | $29.7M | $56.2M | $82.4M | $94.7M |
| Diluted shares | 32.9M | 32.8M | 33.2M | 35.7M | 35.3M | 32.7M | 31.6M | 32.3M | 36.5M | 37.6M |
Balance sheet
| Period end | Dec 28 | Dec 29 | Dec 31 | Dec 25 | Dec 26 | Dec 27 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $37.0M | $38.0M | $40.6M | $47.4M | $70.6M | $130.2M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $756.2M | $771.8M | $790.6M | $622.9M | $502.3M | $365.4M |
| Total assets | $837.5M | $889.0M | $875.0M | $864.2M | $885.7M | $872.8M |
| Total liabilities | $1.27B | $1.30B | $1.32B | $1.13B | $1.05B | $881.3M |
| Shareholders' equity | -$433.7M | -$414.2M | -$443.6M | -$270.7M | -$172.5M | -$266.9M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology