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Portillo's Inc. PTLO Operating Income

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Other financials

Income statement

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Revenue$199.0M+5.6%
Gross profit$102.4M+16.1%
Net income$6.9M-20.2%
EPS (diluted)$0.09-25.0%

Balance sheet

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Cash & equivalents$21.3M+27.9%
Total debt$685.1M+9.8%
Total equity$480.1M+4.6%
Total assets$1.6B+4.6%

Cash flow

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Operating cash flow$17.6M-8.7%
CapEx$11.7M-16.7%
Free cash flow$5.9M

Valuation

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Market cap$324.88M-42.4%
Enterprise value$988.77M-15.6%
P/E23.4×+4.9×
P/S0.4×-0.3×

Profitability

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Gross margin65.2%-2.5pp
Operating margin4.5%-3.4pp
Net margin1.9%-2.3pp
FCF margin-1.2%

Returns & leverage

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Return on equity3%-4.4pp
Debt / equity1.4×+0.1×
Current ratio0.3×0.0×

Where this comes from

Reported directly by Portillo's Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Portillo's Inc.’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:04 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001871509-26-000056
Line itemQuarter Ended / June 28, 2026Quarter Ended / June 29, 2025Two Quarters Ended / June 28, 2026Two Quarters Ended / June 29, 2025
Depreciation and amortization8,2547,13716,19014,177
Net income attributable to equity method investment(404)(382)(610)(546)
Other loss (income), net1,120(300)833(312)
OPERATING INCOME13,77617,53118,26827,912
Interest expense5,6725,72611,29911,475
Interest income(60)(79)(110)(150)
Tax Receivable Agreement liability adjustment(760)(1,838)(1,172)(2,485)
INCOME BEFORE INCOME TAXES8,92413,7228,25119,072

Item 1. Financial Statements (Unaudited)

FAQ

What is Portillo's Inc.'s operating income?
Portillo's Inc. (PTLO) reported operating income of $13.78M in Q2 2026.
How has Portillo's Inc.'s operating income changed year-over-year?
Portillo's Inc.'s operating income decreased by 21.4% year-over-year, from $17.53M to $13.78M.
What is the long-term trend for Portillo's Inc.'s operating income?
Over 3 years (2022 to 2025), Portillo's Inc.'s operating income has grown at a 1.9% compound annual growth rate (CAGR), from $41.28M to $43.68M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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