Portillo’s Q4 Revenue Rises 0.6% to $185.7M as Profit Plunges 49.5%

PTLOPTLO

Portillo’s reported Q4 revenue of $185.7M, up 0.6% year-over-year, but same-restaurant sales fell 3.3%, pushing net income down 49.5% to $6.3M. Fiscal 2025 revenue rose 3.0% to $732.1M while operating income fell $14.4M to $43.7M and adjusted EBITDA declined $7.4M to $97.3M.

1. Fourth Quarter 2025 Financial Highlights

Portillo’s Q4 revenue reached $185.7M, a 0.6% increase from Q4 2024, while same-restaurant sales declined 3.3%. Operating income fell 25.3% to $10.3M and net income dropped 49.5% to $6.3M; adjusted EBITDA was $24.7M, down 2.1%.

2. Fiscal 2025 Performance Summary

For fiscal 2025, revenue rose 3.0% to $732.1M driven by eight new restaurant openings, though same-restaurant sales dipped 0.5%. Operating income decreased $14.4M to $43.7M and net income fell $14.0M to $21.1M; adjusted EBITDA declined $7.4M to $97.3M.

3. Strategic Initiatives and Leadership Transition

Management initiated a reset of restaurant growth strategy and focused on operational fundamentals and dynamic marketing, opening eight new locations. Interim CEO cited early improvements and anticipates further progress under incoming CEO Brett Patterson in 2026.

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