Portillo's Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $732.1M | $710.6M | $679.9M | $587.1M | $535.0M | $455.5M | $479.4M |
| Cost of Revenue | — | — | — | $204.2M | $166.8M | $142.4M | $149.1M |
| Gross Profit | — | — | — | $382.9M | $368.2M | $313.0M | $330.4M |
| Gross Margin | — | — | — | 65.2% | 68.8% | 68.7% | 68.9% |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $77.1M | $75.1M | $78.8M | $66.9M | $87.1M | $39.9M | $43.1M |
| Operating Income | $43.7M | $58.0M | $55.4M | $41.3M | $30.0M | $57.3M | $48.9M |
| Operating Margin | 6.0% | 8.2% | 8.2% | 7.0% | 5.6% | 12.6% | 10.2% |
| Interest Expense | $22.8M | $25.6M | $27.5M | $27.6M | $39.7M | $45.0M | $43.4M |
| Pretax Income | $24.1M | $41.9M | $28.1M | $19.0M | $-16.9M | $12.3M | $5.6M |
| Income Tax Expense | $3.0M | $6.8M | $3.2M | $1.8M | $-3.5M | $0 | $0 |
| Net Income | $19.3M | $29.5M | $18.4M | $10.9M | $-15.2M | $-8.3M | $-12.9M |
| Net Margin | 2.6% | 4.2% | 2.7% | 1.8% | -2.8% | -1.8% | -2.7% |
| EPS (Basic) | $0.28 | $0.48 | $0.34 | $0.28 | $-0.42 | $-0.16 | $-0.25 |
| EPS (Diluted) | $0.27 | $0.46 | $0.32 | $0.25 | $-0.42 | $-0.16 | $-0.25 |
| Shares Outstanding (Basic) | 68.8M | 61.1M | 53.8M | 38.9M | 35.8M | 51.2M | 51.2M |
| Shares Outstanding (Diluted) | 71.1M | 64.0M | 57.3M | 42.7M | 35.8M | 51.2M | 51.2M |
| Dividends Per Share | — | — | — | — | — | — | — |