Papa Johns International (PZZA) Operating Expenses (2009 - 2026)
Papa Johns International (PZZA) recorded Operating Expenses of $459.21 million in Q2 2026, down 9.0% from $504.68 million a year earlier but up 0.3% from the prior quarter.
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Analysis
Papa Johns International (PZZA) Operating Expenses (2009 - 2026) Analysis & Trends
On a TTM basis, Papa Johns International's Operating Expenses came in at $1.88 billion as of Jun 28, 2026, down 3.0% year-over-year; for FY2025, it came in at $1.96 billion, up 3.3% from FY2024.
- Annual Operating Expenses has a five-year compound annual growth rate of 2.7% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $1.9 billion in FY2024 (-4.3%), $1.99 billion in FY2023 (+0.4%), $1.98 billion in FY2022 (+4.3%) and $1.9 billion in FY2021 (+10.3%).
- Quarterly Operating Expenses has ranged from $441.58 million in Q3 2024 to $528.76 million in Q4 2023 over the past five years.
- On a year-over-year basis, Operating Expenses has declined for three consecutive quarters, with an average decline of 2.2% over the last eight quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 11.4% in Q3 2025, against a decline of 10.1% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $457.85 million (Q1 2026), $473.66 million (Q4 2025) and $491.98 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 165.62 Bn | 160.44 Bn | 6.42 Bn | 3.76 Bn |
| 2 | Starbucks | 108.79 Bn | 96.42 Bn | - | 8.42 Bn |
| 3 | Chipotle Mexican Grill | 40.35 Bn | 36.33 Bn | - | 2.82 Bn |
| 4 | Yum Brands | 37.59 Bn | 34.48 Bn | 1.47 Bn | 1.51 Bn |
| 5 | Restaurant Brands International | 24.96 Bn | 22.07 Bn | 1.38 Bn | 1.80 Bn |
| 6 | Darden Restaurants | 22.28 Bn | 21.39 Bn | -113.70 Mn | 3.20 Bn |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 1.80 Bn |
| 8 | Yum China Holdings | 14.08 Bn | 8.44 Bn | 537.00 Mn | 2.79 Bn |
| 9 | Texas Roadhouse | 10.31 Bn | 9.67 Bn | - | 1.54 Bn |
| 10 | Papa Johns International | 669.30 Mn | 536.63 Mn | 143.37 Mn | 459.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 459.21 Mn |
| Mar 29, 2026 | 457.85 Mn |
| Dec 28, 2025 | 473.66 Mn |
| 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 |
API Access
Papa Johns International Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=PZZA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "PZZA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=PZZA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();