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How Portillo's (PTLO) makes money

Portillo's (PTLO) made $194M of revenue in the third quarter 2026 (Q3 2026), +7% from a year earlier. Of every dollar of revenue, 6¢ was left as operating profit, 2¢ was left as net earnings.

Drawing the Sankey…

Portillo's revenue by quarterPortillo's revenue by quarter$176MQ1 2025$188MQ2 2025$181MQ3 2025$186MQ4 2025$183MQ1 2026$199MQ2 2026$194MQ3 2026
Portillo's: where each dollar of revenue goesPortillo's: where each dollar of revenue goesOperating profit6¢Income tax1¢Net earnings2¢Operating cash flow14¢Free cash flow9¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$194M100.0%
Operating profit$11.8M6.1%
Income tax$1.8M0.9%
Net earnings$4.5M2.3%
Operating cash flow$26.7M13.8%
Free cash flow$16.8M8.6%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$194M+7%
Q2 2026$199M+6%
Q1 2026$183M+4%
Q4 2025$186M+0.6%
Q3 2025$181M+2%
Q2 2025$188M+4%
Q1 2025$176M+6%

From Portillo's 10-Q filed Nov 5, 2026 (on EDGAR).

Questions

How does Portillo's make money?

Portillo's (PTLO) made $194M of revenue in the third quarter 2026 (Q3 2026), +7% from a year earlier. Of every dollar of revenue, 6¢ was left as operating profit, 2¢ was left as net earnings.

What is Portillo's profit margin?

Net earnings were $4.5M, 2.3% of revenue, in the third quarter 2026; the operating margin was 6.1%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.