Q1 25 EPS
$4.33
BEAT +6.29%
Est. $4.07
Q1 25 Revenue
$1.11B
MISS 1.09%
Est. $1.12B
vs S&P Since Q1 25
-60.7%
TRAILING MARKET
DPZ -29.9% vs S&P +30.8%
Market Reaction
Did DPZ Beat Earnings? Q1 2025 Results
Domino's Pizza delivered a mixed but earnings-positive first quarter for 2025, posting diluted EPS of $4.33 to beat the $4.07 consensus by 6.29%, even as revenue of $1.11 billion came in just shy of the $1.12 billion estimate, a shortfall of 1.09%. T… Read more Domino's Pizza delivered a mixed but earnings-positive first quarter for 2025, posting diluted EPS of $4.33 to beat the $4.07 consensus by 6.29%, even as revenue of $1.11 billion came in just shy of the $1.12 billion estimate, a shortfall of 1.09%. Total revenues still grew 2.5% year-over-year, supported by higher U.S. Franchise advertising revenues, supply chain pricing gains, and expanding international royalties. The headline earnings strength was driven in large part by an $42.70 million swing in unrealized gains tied to the company's DPC Dash investment, which helped lift net income 18.9% to $149.65 million and pushed free cash flow up 59.1% to $164.40 million. The softer revenue picture reflected a notable domestic stumble, with U.S. Same-store sales slipping 0.5% after a strong prior-year comp of 5.6%, a weakness that weighed on investor sentiment and pressured shares in premarket trading. International same-store sales of 3.7% excluding currency effects provided a meaningful counterbalance, underscoring the uneven geographic picture heading into the rest of 2025.
Key Takeaways
- • Hungry for MORE strategy driving market share growth in QSR Pizza
- • U.S. franchise advertising revenue increase due to return to standard 6.0% contribution rate and reduced advertising incentives
- • Supply chain revenue growth from 4.8% food basket pricing increase
- • International same-store sales growth of 3.7% excluding FX
- • Favorable $42.7 million swing in unrealized gains on DPC Dash investment
- • Supply chain gross margin improvement of 0.5 percentage points from procurement productivity
- • Lower diluted share count from trailing four-quarter share repurchases
DPZ YoY Financials
Q1 2025 vs Q1 2024, source: SEC Filings
DPZ Revenue by Segment
With YoY comparisons, source: SEC Filings
“Domino's Q1 results demonstrate that our Hungry for MORE strategy continues to drive market share growth in QSR Pizza across both our US and international businesses.”
— Russell Weiner, Q1 2025 Earnings Press Release
DPZ Earnings Trends
DPZ vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
DPZ EPS Trend
Earnings per share: estimate vs actual
DPZ Revenue Trend
Quarterly revenue: estimate vs actual
DPZ Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | $4.13 | — | $1.15B | -0.99% |
| Q4 25 MISS FY | $5.39 | $5.35 | -0.68% | $1.54B | +1.23% |
| FY Full Year | $17.60 | $17.57 | -0.16% | $4.94B | +0.38% |
| Q3 25 BEAT | $3.96 | $4.08 | +3.13% | $1.15B | +0.94% |
| Q2 25 MISS | $3.96 | $3.81 | -3.75% | $1.15B | +0.25% |
| Q1 25 BEAT | $4.07 | $4.33 | +6.29% | $1.11B | -1.09% |