Papa Johns International (PZZA) Operating Expenses (2009 - 2026)
Papa Johns International (PZZA) recorded quarterly Operating Expenses of $457.9 million in Q1 2026, up 130.74% quarter-over-quarter from -$1.5 billion in Q4 2025, and down 7.38% on a YoY basis from $494.3 million in Q1 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.
- In Q1 2026, Operating Expenses fell 7.38% year-over-year to $457.9 million; the TTM figure through Mar 2026 stood at -$34.8 million (down 101.82% YoY), while the FY2025 annual figure was $1.7 million, down 99.91% from the prior year.
- Operating Expenses was $457.9 million for Q1 2026 at Papa Johns International, up from -$1.5 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $528.8 million in Q4 2023 to a low of -$1.5 billion in Q4 2025.
- Historically, Operating Expenses has averaged $372.5 million across 5 years, with a median of $490.0 million in 2022.
- Biggest YoY gain for Operating Expenses was 11.41% in 2025; the steepest drop was 397.12% in 2025.
- A 5-year view of Operating Expenses shows it 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 plunged by 397.12% to -$1.5 billion in 2025, then soared by 130.74% to $457.9 million in 2026.
- The last three Operating Expenses figures came in at $457.9 million (Q1 2026), -$1.5 billion (Q4 2025), and $492.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 114.58 Bn | 112.88 Bn | 9.40 Bn | 8.75 Bn |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn | 2.69 Bn |
| 3 | Yum Brands | 42.13 Bn | 41.44 Bn | 1.38 Bn | 1.42 Bn |
| 4 | Restaurant Brands International | 25.46 Bn | 25.99 Bn | 2.14 Bn | 1.66 Bn |
| 5 | Darden Restaurants | 24.75 Bn | 24.51 Bn | 3.31 Bn | 2.94 Bn |
| 6 | Yum China Holdings | 15.17 Bn | 13.74 Bn | 3.24 Bn | 2.82 Bn |
| 7 | Texas Roadhouse | 11.72 Bn | 11.53 Bn | 1.40 Bn | 1.49 Bn |
| 8 | Dominos Pizza | 10.51 Bn | 10.28 Bn | 464.51 Mn | 111.41 Mn |
| 9 | Cava | 10.34 Bn | 9.94 Bn | 797.57 Mn | 272.18 Mn |
| 10 | Papa Johns International | 1.20 Bn | 1.17 Bn | 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 |