For the quarter ending 2026-03-29, PTLO had $4,030K increase in cash & cash equivalents over the period. -$907K in free cash flow.
| Cash Flow | 2026-03-29 | 2025-12-28 | 2025-09-28 | 2025-06-29 |
|---|---|---|---|---|
| Net (loss) income | -509 | 6,277 | 782 | 14,033 |
| Depreciation and amortization | 7,936 | 7,623 | 7,312 | 14,177 |
| Deferred income tax expense | - | - | -1,247 | 5,039 |
| Amortization of debt issuance costs and discount | 170 | 171 | 172 | 349 |
| Loss on sales of assets | -72 | -186 | -106 | -142 |
| Equity-based compensation | 3,230 | 2,205 | -320 | 4,608 |
| Deferred income tax (benefit) expense | -164 | 2,997 | - | - |
| Tax receivable agreement liability adjustment | 412 | 813 | -353 | 2,485 |
| Gift card breakage | 336 | 201 | 154 | 502 |
| Asset impairment | - | 0 | 2,200 | - |
| Loss on debt extinguishment | - | 0 | - | - |
| Accounts receivable | -1,434 | 1,414 | 303 | -180 |
| Receivables from related parties | 16 | -127 | 86 | 16 |
| Inventories | -539 | -1,018 | -873 | 2,183 |
| Other current assets | 281 | 2,059 | -1,119 | -1,161 |
| Operating lease assets | -2,475 | -2,620 | -2,522 | -4,557 |
| Accounts payable | -1,378 | 7,012 | 743 | -7,439 |
| Accrued expenses and other liabilities | 2,970 | -1,694 | 5,988 | -3,984 |
| Operating lease liabilities | -785 | -624 | -689 | -1,607 |
| Deferred lease incentives | -2,091 | -3,096 | -600 | -1,586 |
| Other assets and liabilities | -518 | -435 | -77 | -1,077 |
| Net cash provided by operating activities | 17,554 | 23,170 | 20,048 | 28,693 |
| Proceeds from the sale of property and equipment | - | - | 13 | 5 |
| Purchase of property and equipment | 18,461 | 32,338 | 25,016 | 33,081 |
| Other | -156 | -242 | - | - |
| Net cash used in investing activities | -18,305 | -32,114 | -25,003 | -33,076 |
| Proceeds from short-term debt, net | 14,000 | 13,000 | 7,000 | 45,000 |
| Proceeds from long-term debt | - | 0 | - | - |
| Payments of long-term debt | 1,562 | 1,563 | 1,562 | 38,750 |
| Proceeds from equity offering, net of underwriting discounts | - | 0 | 0 | 0 |
| Repurchase of outstanding equity / portillo's opco units | - | 0 | 0 | 0 |
| Distributions paid to non-controlling interest holders | 376 | 0 | 0 | 1,291 |
| Proceeds from stock option exercises | 231 | 0 | 0 | 2,727 |
| Employee withholding taxes related to net settled equity awards | 29 | 62 | 97 | 887 |
| Proceeds from employee stock purchase plan purchases | 80 | 88 | 87 | 278 |
| Payments of tax receivable agreement liability | 7,913 | 0 | 0 | 7,686 |
| Payment of deferred financing costs | 0 | 0 | 0 | 1,263 |
| Contributions from non-controlling interests | 350 | 210 | 140 | - |
| Net cash provided by (used in) financing activities | 4,781 | 11,673 | 5,568 | -1,872 |
| Net increase (decrease) in cash and cash equivalents and restricted cash | 4,030 | 2,729 | 613 | -6,255 |
| Cash and cash equivalents and restricted cash at beginning of the period | 19,963 | 17,234 | 22,876 | - |
| Cash and cash equivalents and restricted cash at end of the period | 23,993 | 19,963 | 17,234 | - |
Portillo's Inc. (PTLO)
Portillo's Inc. (PTLO)