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Papa John's International PZZA Commissary revenues — Total revenues

Other product segments

Company-owned restaurant sales
$142.18M-20.6%
Franchise royalties and fees
$46.59M-3.6%
Advertising funds revenue
$44.02M-11.0%

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Other financials

Income statement

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Revenue$482.4M-8.8%
Gross profit$143.4M-8.9%
Operating income$23.2M-5.3%
Net income$8.5M-10.5%
EPS (diluted)$0.24-14.3%

Balance sheet

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Cash & equivalents$28.5M-14.4%
Total debt$935.5M-3.2%
Total equity-$453.1M-4.9%
Total assets$805.0M-9.6%

Cash flow

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Operating cash flow$28.6M-19.4%
CapEx$12.9M-28.6%
Free cash flow$15.7M-9.9%

Valuation

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Market cap$811.19M-38.9%
Enterprise value$1.72B-24.0%
P/E29.4×+11.8×
P/S0.4×-0.2×

Profitability

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Gross margin28.7%0.0pp
Operating margin4.3%-2.6pp
Net margin1.4%-2.2pp
FCF margin1.7%

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 source filing: Papa John's International’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 7:05 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053823
(In thousands, except per share amounts)Three Months Ended / June 28,2026Three Months Ended / June 29,2025Six Months Ended / June 28,2026Six Months Ended / June 29,2025
Revenues:
Company-owned restaurant sales$142,182$178,989$285,316$352,870
Franchise royalties and fees46,58548,30294,16396,358
Commissary revenues230,818234,576453,459463,517
Other revenues21,45923,13643,24746,893
Advertising funds revenue41,35344,16384,82187,837
Total revenues482,397529,166961,0061,047,475
Costs and expenses:

Item 1. Financial Statements

FAQ

What is Papa John's International's commissary revenues — total revenues?
Papa John's International (PZZA) reported commissary revenues — total revenues of $230.82M in Q2 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 1.6% year-over-year, from $234.58M to $230.82M.
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.

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