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Companies $DPZ
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Domino's Pizza, Inc. logo

Domino's Pizza, Inc.

dominos.com

What Do They Do?

Supplies food and other products to franchisee-run stores, and franchises pizza restaurants serving local customers through delivery and carryout.

How Do They Make Money?

Supply chain, 61% of revenue, earns money by selling food and other products to franchisees. Franchisees also pay royalties tied to store sales and per-digital-transaction fees; U.S. payments are generally due within seven days of the prior week end, and international payments within 60 days.

revenue
SegmentShareRevenue
U S Stores
Mix

33%
FY2022: 33%
Supply Chain
Sold outright

61%
FY2022: 61%
International Franchise
Mix
6.9%
FY2022: 6.5%

Who Are Their Customers?

U.S. and Canadian franchisees buy food and other products from Domino’s supply chain centers. Most international stores are run by master franchisees, while a few markets franchise directly to store operators; consumers buy menu items at local stores.

Do Revenues Turn Into Profits?

Yes. It kept 12 cents of every revenue dollar as net income in FY2025 and turned 14 cents into free cash flow.

Operating income, FY2025
19% of revenue
▲ +9% vs FY2024 ($879M, 19%)
Net income, FY2025
12% of revenue
▲ +3% vs FY2024 ($584.2M, 12%)
Free cash flow, FY2025
14% of revenue
▲ +31% vs FY2024 ($512M, 11%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q3 FY2026, the three months to Sep 6, 2026
Revenue
▲ +3%
vs $1.1B in Q3 FY2025
Net income
▲ +9%
vs $139.3M in Q3 FY2025
Supply Chain share of revenue vs 60.8% in Q3 FY2025
  • Jun 22, 2026 Russell Weiner to retire as CEO; Joseph Jordan named successor Weiner plans to retire as CEO, Jordan is set to take over, and Weiner will become Executive Chairman Designate.

Growing. Revenue grew 13% in 4 years, from $4.4B in FY2021 to $4.9B in FY2025, about 3% a year.

Revenue over time
U S Stores Supply Chain International Franchise
$5B$2.5B$0

Who Do They Compete With?

Competes with Pizza Hut, Papa John’s, and Little Caesars Pizza

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