Portillo's Inc. income statement
In fiscal 2025, Portillo's Inc. reported revenue of $732m, up 3.0% on the year before, operating income of $43.7m (a 6.0% margin) and net income of $19.3m, or $0.27 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 479 | 455 | 535 | 587 | 680 | 711 | 732 | 749 |
| General and administrative | 43 | 40 | 87 | 67 | 79 | 75 | 77 | 79 |
| Operating income | 49 | 57 | 30 | 41 | 55 | 58 | 44 | 34 |
| Interest expense | 43 | 45 | 40 | 28 | 27 | 26 | 23 | 23 |
| Income before tax | 6 | 12 | −17 | 19 | 28 | 42 | 24 | 13 |
| Income tax | 0 | 0 | −4 | 2 | 3 | 7 | 3 | −0 |
| Net income | −13 | −8 | −15 | 11 | 18 | 30 | 19 | 14 |
| Diluted EPS | −$0.25 | −$0.16 | −$0.42 | $0.25 | $0.32 | $0.46 | $0.27 | $0.19 |
| Diluted shares (average) | 51m | 51m | 36m | 43m | 57m | 64m | 71m | 73m |
| EBITDA | 73 | 82 | 53 | 62 | 80 | 85 | 73 | 65 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 178 | 185 | 176 | 188 | 181 | 186 | 183 | 199 |
| General and administrative | 18 | 20 | 19 | 19 | 20 | 19 | 20 | 20 |
| Operating income | 16 | 14 | 10 | 18 | 5 | 10 | 4 | 14 |
| Interest expense | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Income before tax | 11 | 14 | 5 | 14 | −0 | 5 | −1 | 9 |
| Income tax | 3 | 2 | 1 | 4 | −1 | −1 | −0 | 2 |
| Net income | 7 | 11 | 3 | 9 | 1 | 6 | −0 | 7 |
| Diluted EPS | $0.11 | $0.17 | $0.05 | $0.12 | $0.02 | $0.08 | −$0.01 | $0.09 |
| EBITDA | 23 | 20 | 17 | 25 | 13 | 18 | 12 | 22 |
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