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Papa John's International PZZA Commissary revenues — Total revenues

Other product segments

Company-owned restaurant sales
$143.13M-17.7%
Advertising funds revenue
$48.42M-1.7%
Franchise royalties and fees
$47.58M-1.0%

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Other financials

Income statement

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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

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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

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

Valuation

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

Profitability

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

Returns & leverage

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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

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Questions, answered.

What is Papa John's International's commissary revenues — total revenues?
Papa John's International (PZZA) reported commissary revenues — total revenues of $222.64M in Q1 2026.
How has Papa John's International's commissary revenues — total revenues changed year-over-year?
Papa John's International's commissary revenues — total revenues decreased by 2.8% year-over-year, from $228.94M to $222.64M.
What is the long-term trend for Papa John's International's commissary revenues — total revenues?
Over 3 years (2022 to 2025), Papa John's International's commissary revenues — total revenues has grown at a -0.7% compound annual growth rate (CAGR), from $950.12M to $929.94M.
What does commissary revenues — total revenues mean?
This metric represents the total revenue generated from the supply chain and distribution operations that provide food, ingredients, and related supplies to franchise and company-owned restaurant locations. It reflects the scale and efficiency of the company's vertically integrated commissary network in supporting its broader restaurant footprint. Monitoring this revenue stream provides insight into the volume of system-wide sales and the company's ability to monetize its supply chain infrastructure.