Portillo's annual gross margin
2019
2020
2021
2022
2023
2024
2025
Portillo's Gross Margin Growth & History (PTLO)
Portillo's's gross margin was 39.43% for fiscal 2025.
View full Portillo's company overviewPortillo's annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-28 | 39.43% | −1.07 pp |
| 2024 | 2024-12-29 | 40.50% | +0.03 pp |
| 2023 | 2023-12-31 | 40.47% | −24.74 pp |
| 2022 | 2022-12-25 | 65.21% | −3.61 pp |
| 2021 | 2021-12-26 | 68.83% | +0.10 pp |
| 2020 | 2020-12-27 | 68.73% | −0.18 pp |
| 2019 | 2019-12-29 | 68.91% | — |
Portillo's quarterly gross margin
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-28 | 39.35% | −1.18 pp |
| Q1 2026 | 2026-03-29 | 38.41% | — |
| Q4 2025 | 2025-12-28 | 39.46% | — |
| Q3 2025 | 2025-09-28 | 38.88% | — |
| Q2 2025 | 2025-06-29 | 40.52% | — |
| Q1 2023 | 2023-03-26 | 65.64% | +0.04 pp |
| Q4 2022 | 2022-12-25 | 64.99% | −2.40 pp |
| Q3 2022 | 2022-09-25 | 64.68% | −3.23 pp |
| Q2 2022 | 2022-06-26 | 65.63% | −4.42 pp |
| Q1 2022 | 2022-03-27 | 65.60% | −4.55 pp |
| Q4 2021 | 2021-12-26 | 67.39% | — |
| Q3 2021 | 2021-09-26 | 67.91% | −1.54 pp |
| Q2 2021 | 2021-06-27 | 70.05% | — |
| Q1 2021 | 2021-03-28 | 70.14% | — |
| Q3 2020 | 2020-09-27 | 69.45% | — |
Portillo's gross margin trends
Over the last five fiscal years, Portillo's's gross margin decreased from 68.73% to 39.43%, a change of −29.29 percentage points. The latest reported quarter, Q2 2026, shows 39.35%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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