Portillo's Inc. (PTLO) Financial Statements (2026 and earlier)

Company Profile

Business Address C/O THE PORTILLO RESTAURANT GROUP
OAK BROOK, IL 60523-1903
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 5812 - Eating Places (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
ASSETS
Current Assets
Receivables16,50214,79414,1838,5907,840
Inventory, net of allowances, customer advances and progress billings8,2077,9158,7337,3876,078
Inventory8,2077,9158,7337,3876,078
Prepaid expense  7,0668,5654,9225,836
Deferred costs     7,100
Other undisclosed current assets26,80722,87610,43844,42732,163
Total current assets:51,51652,65141,91965,32659,017
Noncurrent Assets
Operating lease, right-of-use asset261,086222,390193,825166,808 
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization420,263358,975295,793227,036190,834
Other noncurrent assets873,669866,070854,004820,913749,722
Total noncurrent assets:1,555,0181,447,4351,343,6221,214,757940,556
TOTAL ASSETS:1,606,5341,500,0861,385,5411,280,083999,573
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities75,44678,58865,22860,18856,721
Accounts payable43,21045,51633,18930,27327,249
Accrued liabilities32,23633,07232,03929,91529,472
Deferred revenue7,4727,0327,1807,2926,893
Debt96,25036,25022,5004,1553,324
Estimated litigation liability 800    
Other undisclosed current liabilities13,98813,69910,0055,662 
Total current liabilities:193,956135,569104,91377,29766,938
Noncurrent Liabilities
Long-term debt and lease obligation237,977275,422283,923314,425315,829
Long-term debt, excluding current maturities237,977275,422283,923314,425315,829
Liabilities, other than long-term debt332,804282,099241,205203,45736,762
Deferred rent credit     32,174
Other liabilities3,6143,5592,7913,2914,588
Operating lease, liability329,190278,540238,414200,166 
Other undisclosed noncurrent liabilities344,524316,893295,390252,003156,638
Total noncurrent liabilities:915,305874,414820,518769,885509,229
Total liabilities:1,109,2611,009,983925,431847,182576,167
Equity
Equity, attributable to parent, including:467,797401,061322,379256,336171,264
Additional paid in capital404,603357,295308,212260,664186,856
Retained earnings (accumulated deficit)62,47443,12913,612(4,812)(15,950)
Other undisclosed equity, attributable to parent720637555484358
Equity, attributable to noncontrolling interest29,47689,042137,731176,565252,142
Total equity:497,273490,103460,110432,901423,406
TOTAL LIABILITIES AND EQUITY:1,606,5341,500,0861,385,5411,280,083999,573

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenues732,066710,554679,905587,104534,952
Cost of revenue(443,396)(422,770)(404,737)(317,679)(242,958)
Cost of product and service sold(443,396)(422,770)(404,737)(204,237)(166,764)
Gross profit:288,670287,784275,168269,425291,994
Operating expenses(175,579)(167,363)(164,493)(136,919)(149,912)
Other operating income (expense), net(946)3121,0352041,099
Other undisclosed operating loss(68,468)(62,700)(56,270)(91,431)(113,169)
Operating income:43,67758,03355,44041,27930,012
Interest and debt expense(22,808)(25,616)(30,935)(27,644)(46,959)
Income (loss) from continuing operations before equity method investments, income taxes:20,86932,41724,50513,635(16,947)
Other undisclosed income from continuing operations before income taxes3,2209,4583,5615,345 
Income (loss) from continuing operations before income taxes:24,08941,87528,06618,980(16,947)
Income tax expense (benefit)(2,997)(6,799)(3,248)(1,823)3,531
Income (loss) from continuing operations:21,09235,07624,81817,157(13,416)
Loss before gain (loss) on sale of properties:✕✕✕✕✕(13,416)
Other undisclosed net loss     (21,176)
Net income (loss):21,09235,07624,81817,157(34,592)
Net income (loss) attributable to noncontrolling interest(1,747)(5,559)(6,394)(6,306)19,408
Net income (loss) attributable to parent:19,34529,51718,42410,851(15,184)
Preferred stock dividends and other adjustments     (21,176)
Net income (loss) available to common stockholders, diluted:19,34529,51718,42410,851(36,360)

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Net income (loss):21,09235,07624,81817,157(34,592)
Comprehensive income (loss):21,09235,07624,81817,157(34,592)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(1,747)(5,559)(6,394)(6,306)19,408
Comprehensive income (loss), net of tax, attributable to parent:19,34529,51718,42410,851(15,184)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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