Portillo's annual operating expenses
2019
2020
2021
2022
2023
2024
2025
Portillo's Operating Expenses Growth & History (PTLO)
Portillo's's operating expenses was $237.5M for fiscal 2025.
View full Portillo's company overviewPortillo's annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-28 | $237.5M | $24.9M | +11.70% |
| 2024 | 2024-12-29 | $212.6M | $3.8M | +1.84% |
| 2023 | 2023-12-31 | $208.8M | −$132.8M | −38.89% |
| 2022 | 2022-12-25 | $341.6M | $3.4M | +1.01% |
| 2021 | 2021-12-26 | $338.2M | $82.4M | +32.24% |
| 2020 | 2020-12-27 | $255.7M | −$25.7M | −9.13% |
| 2019 | 2019-12-29 | $281.4M | — | — |
Portillo's quarterly operating expenses
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 | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-28 | $64.0M | $8.3M | +14.88% |
| Q1 2026 | 2026-03-29 | $63.3M | — | — |
| Q4 2025 | 2025-12-28 | $59.9M | — | — |
| Q3 2025 | 2025-09-28 | $62.3M | — | — |
| Q2 2025 | 2025-06-29 | $55.7M | — | — |
| Q1 2023 | 2023-03-26 | $93.9M | $12.5M | +15.41% |
| Q4 2022 | 2022-12-25 | $91.6M | −$24.5M | −21.11% |
| Q3 2022 | 2022-09-25 | $87.2M | $10.7M | +13.93% |
| Q2 2022 | 2022-06-26 | $81.4M | $7.3M | +9.84% |
| Q1 2022 | 2022-03-27 | $81.4M | $10.0M | +13.96% |
| Q4 2021 | 2021-12-26 | $116.1M | — | — |
| Q3 2021 | 2021-09-26 | $76.5M | $12.2M | +19.06% |
| Q2 2021 | 2021-06-27 | $74.1M | — | — |
| Q1 2021 | 2021-03-28 | $71.4M | — | — |
| Q3 2020 | 2020-09-27 | $64.3M | — | — |
Portillo's operating expenses trends
Over the last five fiscal years, Portillo's's operating expenses decreased from $255.7M to $237.5M, a change of −$18.3M. The latest reported quarter, Q2 2026, shows $64.0M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Portillo's source filings ↗