ptlo: the income statement

MyFinsight

Portillo's Inc. (PTLO)

For the quarter ending 2025-06-29, PTLO made $188,456K in revenue. $8,704K in net income. Net profit margin of 4.62%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-29	2025-03-30	2024-09-29	2024-06-30
Revenues, net	188,456	176,437	178,252	181,862
Pre-opening expenses	1,697	508	1,747	2,100
Other income, net	300	12	390	358
Net income attributable to equity method investment	382	164	383	335
General and administrative expenses	18,798	18,903	18,305	17,941
Depreciation and amortization	7,137	7,040	6,679	7,106
Other operating expenses	21,919	21,790	21,053	19,958
Occupancy	9,966	10,021	9,172	9,211
Food, beverage and packaging costs	63,750	61,102	60,136	61,712
Labor	48,340	46,868	45,945	46,412
Total restaurant operating expenses	143,975	139,781	136,306	137,293
Operating income	17,531	10,381	15,988	18,115
Interest income	79	71	50	75
Interest expense	5,726	5,749	6,450	6,603
Tax receivable agreement liability adjustment	1,838	647	1,724	439
Income before income taxes	13,722	5,350	11,312	12,026
Income tax expense	3,679	1,360	2,539	3,496
Net income	10,043	3,990	8,773	8,530
Net income attributable to non-controlling interests	1,339	677	1,553	2,060
Net income attributable to portillo's inc	8,704	3,313	7,220	6,470

Basic (in shares)	67,595,000	63,837,940	61,921,564	61,650,118
Basic (in usd per share)	0.13	0.05	0.12	0.1
Diluted (in shares)	69,867,802	66,468,491	64,894,558	64,608,698
Diluted (in usd per share)	0.12	0.05	0.11	0.1

Unit: Thousand (K) dollars (except for numbers of shares and EPS)