Filing Flows › Portillo's (PTLO) › Q1 2025
Portillo's (PTLO) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
Portillo's (PTLO) reported revenue of $176M for the first quarter 2025 (Q1 2025), +6% from a year earlier and -4% from the quarter before. Operating margin was 5.9%, net earnings $3.3M (1.9% of revenue).
Portillo's, Q1 2025: revenue $176M (+6% year over year), operating margin 5.9%, net earnings $3.3M, operating cash flow $9.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $176M | -4% | +6% |
| Operating profit | $10.4M | -25% | +3% |
| Net earnings | $3.3M | -71% | -27% |
| Operating cash flow | $9.4M | -64% | +4% |
What changed
Revenue was $176.4M in Q1 2025, up 6% year over year and down 4% from the previous quarter.
Operating profit was $10.4M, a 5.9% margin (down 0.2 points year over year). Of the extra revenue versus a year earlier, 3% reached operating profit, below the 6% margin then. Total costs grew 7% against revenue growth of 6%. Net earnings were $3.3M, down 27% year over year. The effective tax rate was 25.4%.
Operating cash flow was $9.4M (up 4% year over year), 237% of net income including minority interests. Non-cash charges added back $7.0M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items used $3.5M. Capital expenditures of $19.0M exceeded it, leaving free cash flow of −$9.6M.
Questions
What was Portillo's revenue in the first quarter 2025?
Portillo's (PTLO) reported revenue of $176M for the first quarter 2025 (Q1 2025), +6% from a year earlier and -4% from the quarter before.
Was Portillo's profitable in the first quarter 2025?
Operating profit was $10.4M (5.9% of revenue) and net earnings $3.3M.
Source: Portillo's 10-Q on SEC EDGAR.