Papa John's Q1 2026 net income falls to $6.9 million; reiterates 2026 outlook
Papa John's reported first quarter 2026 results, with total revenues down 7.7% to $478.6 million and net income down to $6.9 million from $9.3 million a year earlier. Diluted earnings per share fell to $0.21 from $0.27, and the company reiterated its full-year 2026 guidance, which it says is not directly comparable with the prior year because of a fourth quarter 2025 refranchising transaction.
Key points
- Total revenues were $478.6 million, down $39.7 million from $518.3 million in the first quarter of 2025.
- Net income was $6.9 million versus $9.3 million; diluted EPS was $0.21 versus $0.27 and adjusted diluted EPS was $0.32 versus $0.36.
- North America comparable sales decreased 6.4%, while International comparable sales increased 3.6%.
- The company reiterated its 2026 outlook, including adjusted EBITDA of $200 million to $210 million, and declared a $0.46 per share second quarter dividend payable May 29, 2026.
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 May 07, 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.