Domino's Pizza

DPZ Q3 2025 Earnings

Reported Oct 14, 2025 at 6:05 AM ET · SEC Source

Q3 25 EPS

$4.08

BEAT +3.13%

Est. $3.96

Q3 25 Revenue

$1.15B

BEAT +0.94%

Est. $1.14B

vs S&P Since Q3 25

-28.7%

TRAILING MARKET

DPZ -19.8% vs S&P +8.8%

Market Reaction

Did DPZ Beat Earnings? Q3 2025 Results

Domino's Pizza delivered a solid third quarter, beating Wall Street expectations on both the top and bottom lines as its "Hungry for MORE" strategy continued to gain traction. The company posted diluted EPS of $4.08, clearing the $3.96 consensus esti… Read more Domino's Pizza delivered a solid third quarter, beating Wall Street expectations on both the top and bottom lines as its "Hungry for MORE" strategy continued to gain traction. The company posted diluted EPS of $4.08, clearing the $3.96 consensus estimate by 3.13%, while revenue of $1.15 billion edged past forecasts by 0.94% and grew 6.2% year-over-year, lifted by stronger supply chain volumes and higher U.S. Franchise royalties. The headline growth story was U.S. Same-store sales, which accelerated to 5.2% from 3.0% a year ago, with the "Best Deal Ever" promotion and stuffed crust innovation driving order count gains across both delivery and carryout. Net income slipped 5.2% to $139.32 million, weighed down by a $29.20 million unfavorable swing in unrealized losses on the company's DPC Dash investment and a higher effective tax rate. With Mizuho recently initiating coverage at Outperform and an average analyst price target of $503.57, sentiment around the stock remains broadly constructive as CEO Russell Weiner signaled continued confidence in taking global QSR pizza market share through 2025 and beyond.

Key Takeaways

  • U.S. same store sales growth of 5.2% driven by positive order counts
  • Best Deal Ever promotion driving delivery and carryout growth
  • Stuffed crust pizza product innovation
  • Supply chain gross margin improvement of 0.7 percentage points from procurement productivity
  • Higher supply chain revenues from increased order volumes and 3.3% food basket pricing increase
  • Global net store growth of 214 stores in Q3 2025
  • International same store sales growth of 1.7% excluding foreign currency impact
24/7 Wall St

DPZ YoY Financials

Q3 2025 vs Q3 2024, source: SEC Filings

24/7 Wall St

DPZ Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“I am incredibly proud of how our team and franchise system is bringing our Hungry for MORE strategy to life and delivering best in class results. In the U.S., we drove positive order counts behind our Best Deal Ever promotion and stuffed crust pizza product innovation for the third quarter. This resulted in another quarter of strong growth in both our delivery and carryout businesses. Seeing our strategy being executed at such a high level gives me the confidence that we will continue to win and take QSR pizza market share around the world in 2025 and beyond. We have never had more tools to drive long-term value creation for our franchisees and shareholders.”

— Russell Weiner, Q3 2025 Earnings Press Release