Domino's Pizza (DPZ) 10-K Summary — Year Ended Dec 28, 2025
Domino's Pizza, Inc. operates a global pizza delivery and carryout chain through a franchise network. The filing reports annual revenue growth and positive operating cash flow, with store count expansion in both U.S. and international markets.
Key takeaway
Year ended Dec 28, 2025 · FY2025 10-K
Domino's Pizza, Inc. operates a global pizza delivery and carryout chain through a franchise network. The filing reports annual revenue growth and positive operating cash flow, with store count expansion in both U.S. and international markets.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$4.9B
Revenue reported for the fiscal year.
Operating income
$954M
Income from operations reported for the year.
Net income
$601.7M
Net income reported for the year.
Operating cash flow
$792.1M
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jan 1, 2023 | $4.5B | +4.1% |
| Dec 31, 2023 | $4.5B | -1.3% |
| Dec 29, 2024 | $4.7B | +5.1% |
| Dec 28, 2025 | $4.9B | +5.0% |
Business overview
The company is a pizza delivery and carryout chain operating primarily through a franchise system. Its business includes both U.S. and international segments, with store count growth reported in both areas during the period. The filing does not provide further details on products or operations.
Financial performance
Revenue increased compared to the prior year, while operating income and net income were reported at the levels shown. Operating cash flow remained positive, supported by growth in U.S. and international retail sales and store count expansion.
Material risks
The filing identifies risk factors in Item 1A, but the supplied context does not include their content. No specific material risks can be stated from the available data. Readers should refer to the full filing for risk details.
Liquidity and capital
The company generates liquidity primarily from operating cash flows and a variable funding note facility allowing advances up to the stated limit. Working capital is supported by fast receivable collection and inventory turnover, with no significant seasonal variation in sales.
What to watch
Monitor the trend in U.S. and international same-store sales growth in the next filing.