Skip to content
OpenCapital
Get started

Papa John's International PZZA Area development fees — Contract Liabilities

Similar metrics at other companies

EAT
EATDeferred Franchise and Development Fees — Contract with Customer, Liability
$8.9M-8.2%
EAT
EATDeferred Franchise and Development Fees — Contract with Customers, Liability, Additions
$375K+150%
EAT
EATDeferred Franchise and Development Fees — Contract with Customer, Liability, Revenue Recognized
$800K+100%
Dutch Bros logo
BROSInitial unearned franchise fees — Contract with Customer, Liability
$2.66M—
Wyndham Hotels & Resorts, Inc. logo
WHDeferred initial franchise fee revenues — Contract Liabilities
$154M+5.5%
Choice Hotels International logo
CHHInitial franchise fees — Contract with customer, liability
$103M-7.4%

Other financials

Income statement

See full
Revenue$478.6M-7.7%
Gross profit$137.7M-9.3%
Operating income$20.8M-13.4%
Net income$7.3M-21.3%
EPS (diluted)$0.21-22.2%

Balance sheet

See full
Cash & equivalents$39.0M-11.3%
Total debt$952.6M-3.2%
Total equity-$449.1M-4.0%
Total assets$831.9M-7.4%

Cash flow

See full
Operating cash flow$7.2M-76.9%
CapEx$13.5M+10.0%
Free cash flow-$6.2M-133%

Valuation

See full
Market cap$1.19B-26.9%
Enterprise value$2.1B-18.1%
P/E41.5×+20.7×
P/S0.6×-0.2×

Profitability

See full
Gross margin28.8%+0.3pp
Operating margin4.3%-2.9pp
Net margin1.4%-2.4pp
FCF margin1.8%—

Returns & leverage

See full
Return on equity131.1%—
Debt / equity33.6×—
Current ratio0.8×0.0×

Where this comes from

Reported directly by Papa John's International in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The official record: Papa John's International’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

Ask your AI about Papa John's International's area development fees — contract liabilities.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Papa John's International's area development fees — contract liabilities?
Papa John's International (PZZA) reported area development fees — contract liabilities of $2.7M in Q1 2026.
How has Papa John's International's area development fees — contract liabilities changed year-over-year?
Papa John's International's area development fees — contract liabilities increased by 8.0% year-over-year, from $2.5M to $2.7M.
What is the long-term trend for Papa John's International's area development fees — contract liabilities?
Over 2 years (2023 to 2025), Papa John's International's area development fees — contract liabilities has grown at a -15.2% compound annual growth rate (CAGR), from $13.5M to $9.7M.
What does area development fees — contract liabilities mean?
This metric represents the deferred revenue associated with non-refundable fees paid by franchisees for the right to develop and operate a specified number of restaurant units within a defined geographic territory. These contract liabilities reflect the obligation to provide future development support and brand access over the term of the development agreement. As the franchisee opens new locations or the development period progresses, these liabilities are recognized as revenue in accordance with the company's performance obligations.