Portillo's Inc.
For the period ended Sep 27, 2026. Filed Nov 5, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 27, 2026 · Filed Nov 5, 2026
PTLO$6.98+1.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets
(In thousands, except share and per share data)
| September 27, 2026 | December 28, 2025 | |
|---|---|---|
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents and restricted cash | $24,847 | $19,963 |
| Accounts and tenant improvement receivables | 8,738 | 16,502 |
| Inventories | 10,855 | 8,207 |
| Prepaid expenses and other | 5,666 | 6,844 |
| Total current assets | 50,106 | 51,516 |
| Property and equipment, net | 431,575 | 420,263 |
| Operating lease assets | 275,318 | 261,086 |
| Goodwill | 394,298 | 394,298 |
| Trade names | 221,725 | 221,725 |
| Other intangible assets, net | 21,360 | 23,391 |
| Equity-method investment | 15,750 | 15,696 |
| Deferred tax assets | 207,908 | 211,267 |
| Other assets | 6,491 | 7,292 |
| Total other assets | 867,532 | 873,669 |
| TOTAL ASSETS | $1,624,531 | $1,606,534 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| CURRENT LIABILITIES: | ||
| Accounts payable | $35,922 | $43,210 |
| Current portion of long-term debt | 7,813 | 6,250 |
| Current portion of Tax Receivable Agreement liability | 2,348 | 7,910 |
| Short-term debt | 85,000 | 90,000 |
| Deferred revenue | 4,437 | 7,472 |
| Short-term operating lease liabilities | 8,163 | 6,878 |
| Accrued expenses | 39,586 | 32,236 |
| Total current liabilities | 183,269 | 193,956 |
| LONG-TERM LIABILITIES: | ||
| Long-term debt, net of current portion | 232,237 | 237,977 |
| Tax Receivable Agreement liability | 340,840 | 344,524 |
| Long-term operating lease liabilities | 347,616 | 329,190 |
| Other long-term liabilities | 3,202 | 3,614 |
| Total long-term liabilities | 923,895 | 915,305 |
| Total liabilities | 1,107,164 | 1,109,261 |
| COMMITMENTS AND CONTINGENCIES (NOTE 13) | ||
| STOCKHOLDERS' EQUITY: | ||
| Preferred stock, $0.01 par value per share, 10,000,000 shares authorized, none issued or outstanding | — | — |
| Class A common stock, $0.01 par value per share, 380,000,000 shares authorized, and 72,577,166 and 71,971,736 shares issued and outstanding at September 27, 2026 and December 28, 2025, respectively. | 726 | 720 |
| Class B common stock, $0.00001 par value per share, 50,000,000 shares authorized, and 3,424,546 and 3,442,335 shares issued and outstanding at September 27, 2026 and December 28, 2025, respectively. | — | — |
| Additional paid-in capital | 412,647 | 404,603 |
| Retained earnings | 73,521 | 62,474 |
| Total stockholders' equity attributable to Portillo's Inc. | 486,894 | 467,797 |
| Non-controlling interest | 30,473 | 29,476 |
| Total stockholders' equity | 517,367 | 497,273 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $1,624,531 | $1,606,534 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.