Portillo's Inc.

For the period ended Sep 27, 2026. Filed Nov 5, 2026.

About 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.

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Contents

Condensed Consolidated Statements of Stockholders' Equity

(In thousands, except share data)

Quarter Ended September 27, 2026 and September 28, 2025
Class A Common Stock · Class B Common Stock
	Shares	Amount	Shares	Amount	Additional Paid-in Capital	Retained Earnings	Non-Controlling Interest	Total Stockholders' Equity
Balance at June 29, 2025	71,890,168	$719	3,442,335	$—	$403,068	$55,146	$28,864	$487,797
Net income (loss)	—	—	—	—	—	1,214	(432)	782
Equity-based compensation	—	—	—	—	(173)	—	(147)	(320)
Activity under equity-based compensation plans	33,992	—	—	—	1	—	—	1
Non-controlling interest adjustment	—	—	—	—	(553)	—	553	—
Contributions from non-controlling interest holders	—	—	—	—	—	—	140	140
Balance at September 28, 2025	71,924,160	719	3,442,335	—	402,343	56,360	28,978	488,400
Balance at June 28, 2026	72,504,761	725	3,424,546	—	410,394	69,016	29,817	509,952
Net income	—	—	—	—	—	4,505	251	4,756
Equity-based compensation	—	—	—	—	2,169	—	102	2,271
Activity under equity-based compensation plans	72,405	1	—	—	72	—	—	73
Non-controlling interest adjustment	—	—	—	—	12	—	(12)	—
Contributions from non-controlling interest holders	—	—	—	—	—	—	315	315
Balance at September 27, 2026	72,577,166	$726	3,424,546	$—	$412,647	$73,521	$30,473	$517,367

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY

(In thousands, except share data)

Three Quarters Ended September 27, 2026 and September 28, 2025
Class A Common Stock · Class B Common Stock
	Shares	Amount	Shares	Amount	Additional Paid-in Capital	Retained Earnings	Non-Controlling Interest	Total Stockholders' Equity
Balance at December 29, 2024	63,674,579	$637	10,732,800	$—	$357,295	$43,129	$89,042	$490,103
Net income	—	—	—	—	—	13,231	1,584	14,815
Equity-based compensation	—	—	—	—	3,875	—	413	4,288
Activity under equity-based compensation plans	959,116	9	—	—	2,141	—	—	2,150
Redemption of LLC Units	7,290,465	73	(7,290,465)	—	(73)	—	—	—
Non-controlling interest adjustment	—	—	—	—	60,910	—	(60,910)	—
Distributions paid to non-controlling interest holders	—	—	—	—	—	—	(1,291)	(1,291)
Contributions from non-controlling interests	—	—	—	—	—	—	140	140
Establishment of liabilities under Tax Receivable Agreement and related changes to deferred tax assets associated with increases in tax basis	—	—	—	—	(21,805)	—	—	(21,805)
Balance at September 28, 2025	71,924,160	719	3,442,335	—	402,343	56,360	28,978	488,400
Balance at December 28, 2025	71,971,736	720	3,442,335	—	404,603	62,474	29,476	497,273
Net income	—	—	—	—	—	11,047	355	11,402
Equity-based compensation	—	—	—	—	7,739	—	366	8,105
Activity under equity-based compensation plans	587,641	6	—	—	(36)	—	—	(30)
Redemption of LLC Units	17,789	—	(17,789)	—	—	—	—	—
Non-controlling interest adjustment	—	—	—	—	345	—	(345)	—
Distributions paid to non-controlling interest holders	—	—	—	—	—	—	(376)	(376)
Establishment of liabilities under Tax Receivable Agreement and related changes to deferred tax assets associated with increases in tax basis	—	—	—	—	(4)	—	—	(4)
Contributions from non-controlling interests	—	—	—	—	—	—	997	997
Balance at September 27, 2026	72,577,166	$726	3,424,546	$—	$412,647	$73,521	$30,473	$517,367

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.