Papa John's 2025 net income falls to $32 million from $84 million
Papa John's reported fourth quarter and full year 2025 results on February 26, 2026. Net income and diluted EPS fell sharply from 2024, while total revenues were flat for the year, and the company introduced 2026 guidance that calls for adjusted EBITDA of $200 million to $210 million, compared with $201 million in 2025.
Key points
- Q4 2025 diluted EPS was $0.21 versus $0.44 a year earlier; Q4 total revenues were $498.2 million, down 6.1%.
- Full year 2025 diluted EPS was $0.90 versus $2.54 in 2024; total revenues were $2.1 billion, flat year over year.
- 2026 outlook: North America comparable sales down 2% to 4%, International comparable sales up 2% to 4%, and adjusted EBITDA of $200 million to $210 million.
- The Board declared a first quarter 2026 dividend of $0.46 per common share.
The filing
Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 26, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.