Papa Johns International (PZZA) Operating Expenses (2009 - 2026)
Papa Johns International's (PZZA) quarterly Operating Expenses came in at $457.9 million in Q1 2026, down 7.38% year-on-year from $494.3 million in Q1 2025, and up 130.74% quarter-over-quarter from -$1.5 billion in Q4 2025.
Papa Johns International (PZZA) Operating Expenses (2009 - 2026) Analysis & Trends
Papa Johns International's Operating Expenses history runs 18 years deep, the most recent figure standing at $457.9 million for Q1 2026.
- On a quarterly basis, Operating Expenses fell 7.38% year-over-year to $457.9 million in Q1 2026; TTM through Mar 2026 was -$34.8 million, a 101.82% decrease from a year earlier, with the FY2025 full-year figure at $1.7 million, down 99.91% from the prior year.
- Operating Expenses improved to $457.9 million in Q1 2026 per PZZA's latest filing, from -$1.5 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $528.8 million in Q4 2023 and bottomed at -$1.5 billion in Q4 2025.
- The 5-year median for Operating Expenses is $490.0 million (2022), against an average of $372.5 million.
- Biggest YoY gain for Operating Expenses was 11.41% in 2025; the steepest drop was 397.12% in 2025.
- Year by year, Operating Expenses stood at $490.0 million in 2022, then rose by 7.91% to $528.8 million in 2023, then retreated by 5.2% to $501.2 million in 2024, then slumped by 397.12% to -$1.5 billion in 2025, then soared by 130.74% to $457.9 million in 2026.
- Per Business Quant, the three latest PZZA Operating Expenses figures stand at $457.9 million (Q1 2026), -$1.5 billion (Q4 2025), and $492.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn | 8.75 Bn |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn | 2.69 Bn |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn | 1.42 Bn |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn | 1.66 Bn |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn | 3.20 Bn |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn | 2.82 Bn |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn | 1.49 Bn |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn | 115.37 Mn |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn | 430.11 Mn |
| 10 | Papa Johns International | 999.70 Mn | 961.65 Mn | 137.72 Mn | 457.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 457.85 Mn |
| Dec 28, 2025 | -1.49 Bn |
| Sep 28, 2025 | 491.98 Mn |
| Jun 29, 2025 | 504.68 Mn |
| Mar 30, 2025 | 494.34 Mn |
| Dec 29, 2024 | 501.24 Mn |
| Sep 29, 2024 | 441.58 Mn |
| Jun 30, 2024 | 479.67 Mn |
| Mar 31, 2024 | 480.20 Mn |
| Dec 31, 2023 | 528.76 Mn |
| Sep 24, 2023 | 490.94 Mn |
| Jun 25, 2023 | 479.62 Mn |
| Mar 26, 2023 | 489.25 Mn |
| Dec 25, 2022 | 490.00 Mn |
| Sep 25, 2022 | 490.15 Mn |
| Jun 26, 2022 | 483.76 Mn |
| Mar 27, 2022 | 517.10 Mn |
| Dec 26, 2021 | 490.72 Mn |
| Sep 26, 2021 | 474.21 Mn |
| Jun 27, 2021 | 470.37 Mn |