Papa John's International (PZZA) revenue breakdown
By segment, North America commissaries is the largest at 52% of fiscal 2025 revenue; International grew fastest, 7% a year over 7 years.
By product, Commissary revenues is the largest at 45% of fiscal 2025 revenue; Advertising funds revenue grew fastest, 2% a year over 3 years.
Revenue by segment
Fiscal years, as Papa John's International reports them in its 10-K filings; fiscal 2025 total $2.0B.
| Segments | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| North America commissaries | $624M | $674M | $610M | $613M | $681M | $761M | $1.1B | $1.1B | $1.0B | $1.1B | 52% |
| Domestic Company-owned restaurants | $816M | $817M | $692M | $652M | $701M | $778M | $708M | $726M | $693M | $663M | 33% |
| International | — | — | $110M | $103M | $124M | $151M | $159M | $182M | $174M | $174M | 9% |
| North America franchising | $103M | $107M | $79M | $72M | $97M | $129M | $142M | $149M | $143M | $143M | 7% |
| International | — | $114M | — | — | — | — | — | — | — | — | — |
| International | $101M | — | — | — | — | — | — | — | — | — | — |
| Other segment | — | $72M | — | — | — | — | — | — | — | — | — |
| Other segment | $70M | — | — | — | — | — | — | — | — | — | — |
Revenue by product
Fiscal years, as Papa John's International reports them in its 10-K filings; fiscal 2025 total $2.1B.
| Products | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|
| Commissary revenues | $950M | $925M | $900M | $930M | 45% |
| Company-owned restaurant sales | $708M | $761M | $725M | $676M | 33% |
| Franchise royalties and fees | $187M | $195M | $187M | $191M | 9% |
| Advertising funds revenue | $155M | $157M | $164M | $167M | 8% |
| Other revenues | $102M | $98M | $84M | $91M | 4% |
Questions
Where does Papa John's International make its money?
In fiscal 2025, by segment: North America commissaries $1.1B, Domestic Company-owned restaurants $663M, International $174M, North America franchising $143M.
From Papa John's International's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.