Portillo's Inc.
For the period ended Sep 27, 2026. Filed Nov 5, 2026.
View on SEC.govAbout this filing
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 Statements of Operations
(In thousands, except share and per share data)
| Quarter Ended | Three Quarters Ended | |||
|---|---|---|---|---|
| September 27, 2026 | September 28, 2025 | September 27, 2026 | September 28, 2025 | |
| REVENUES, NET | $194,074 | $181,428 | $575,651 | $546,321 |
| COST AND EXPENSES: | ||||
| Restaurant operating expenses: | ||||
| Food, beverage and packaging costs | 66,831 | 62,619 | 199,696 | 187,471 |
| Labor | 50,447 | 48,263 | 150,736 | 143,471 |
| Occupancy | 11,670 | 10,524 | 34,546 | 30,511 |
| Other operating expenses | 25,039 | 23,331 | 72,495 | 67,040 |
| Total restaurant operating expenses | 153,987 | 144,737 | 457,473 | 428,493 |
| General and administrative expenses | 19,754 | 20,025 | 59,676 | 57,726 |
| Pre-opening expenses | 614 | 3,260 | 4,102 | 5,465 |
| Depreciation and amortization | 8,338 | 7,312 | 24,528 | 21,489 |
| Net income attributable to equity method investment | (393) | (452) | (1,003) | (998) |
| Other (income) loss, net | (5) | 1,112 | 828 | 800 |
| OPERATING INCOME | 11,779 | 5,434 | 30,047 | 33,346 |
| Interest expense | 5,512 | 5,664 | 16,811 | 17,139 |
| Interest income | (77) | (118) | (187) | (268) |
| Tax Receivable Agreement liability adjustment | (209) | 353 | (1,381) | (2,132) |
| INCOME (LOSS) BEFORE INCOME TAXES | 6,553 | (465) | 14,804 | 18,607 |
| Income tax expense (benefit) | 1,797 | (1,247) | 3,402 | 3,792 |
| NET INCOME | 4,756 | 782 | 11,402 | 14,815 |
| Net income (loss) attributable to non-controlling interests | 251 | (432) | 355 | 1,584 |
| NET INCOME ATTRIBUTABLE TO PORTILLO'S INC. | $4,505 | $1,214 | $11,047 | $13,231 |
| Net income per common share attributable to Portillo's Inc.: | ||||
| Basic | $0.06 | $0.02 | $0.15 | $0.20 |
| Diluted | $0.06 | $0.02 | $0.15 | $0.19 |
| Weighted-average common shares outstanding: | ||||
| Basic | 72,535,289 | 71,908,534 | 72,330,585 | 67,780,566 |
| Diluted | 73,433,125 | 73,973,710 | 73,087,690 | 70,131,466 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.