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
DateValue
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