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
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