Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Potbelly.
Income Statement
| Breakdown | December 29, 2024 | December 31, 2023 | December 25, 2022 | December 26, 2021 | December 27, 2020 | December 29, 2019 | December 30, 2018 | December 31, 2017 | December 25, 2016 | December 27, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $462.60M | $491.41M | $451.97M | $380.05M | $291.28M | $409.71M | $422.64M | $428.11M | $407.13M | $372.85M |
| Cost of Revenue | $- | $329.36M | $325.78M | $285.95M | $244.28M | $295.71M | $298.83M | $298.32M | $281.31M | $259.00M |
| Gross Profit | $462.60M | $162.05M | $126.19M | $94.10M | $47.00M | $114.00M | $123.80M | $129.79M | $125.82M | $113.84M |
| Gross Profit Ratio | 100.00% | 32.98% | 27.92% | 24.76% | 16.14% | 27.83% | 29.29% | 30.32% | 30.90% | 30.53% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $46.97M | $48.50M | $37.74M | $33.29M | $35.01M | $47.95M | $46.86M | $44.62M | $40.41M | $37.32M |
| Selling and Marketing Expenses | $11.49M | $5.74M | $694.00K | $3.00M | $155.00K | $4.11M | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $58.45M | $54.24M | $38.44M | $36.29M | $35.01M | $47.95M | $46.86M | $44.62M | $40.41M | $37.32M |
| Other Expenses | $393.15M | $97.81M | $86.81M | $75.17M | $69.11M | $72.32M | $73.98M | $76.33M | $68.26M | $63.51M |
| Operating Expenses | $451.61M | $152.05M | $125.24M | $111.46M | $104.12M | $120.27M | $120.84M | $120.95M | $108.67M | $100.83M |
| Cost and Expenses | $451.61M | $481.40M | $451.02M | $397.42M | $348.40M | $415.97M | $419.67M | $419.27M | $389.98M | $359.83M |
| Interest Income | $- | $- | $1.35M | $963.00K | $1.08M | $199.00K | $- | $- | $- | $- |
| Interest Expense | $829.00K | $3.28M | $1.35M | $963.00K | $1.08M | $199.00K | $142.00K | $124.00K | $134.00K | $221.00K |
| Depreciation and Amortization | $12.67M | $12.14M | $37.68M | $41.77M | $46.41M | $49.96M | $23.14M | $25.68M | $22.73M | $21.48M |
| EBITDA | $21.29M | $21.90M | $44.07M | $-1.45M | $-37.29M | $12.91M | $12.54M | $23.76M | $39.89M | $34.49M |
| EBITDA Ratio | 4.60% | 4.46% | 9.75% | -0.38% | -12.80% | 3.15% | 2.97% | 5.55% | 9.80% | 9.25% |
| Operating Income | $10.99M | $10.01M | $950.00K | $-17.36M | $-57.12M | $-6.26M | $-10.60M | $-1.92M | $13.01M | $9.43M |
| Operating Income Ratio | 2.38% | 2.04% | 0.21% | -4.57% | -19.61% | -1.53% | -2.51% | -0.45% | 3.20% | 2.53% |
| Total Other Income Expenses Net | $-3.21M | $-3.52M | $8.84M | $-963.00K | $-1.08M | $-199.00K | $-142.00K | $-124.00K | $-134.00K | $-221.00K |
| Income Before Tax | $7.79M | $6.49M | $5.04M | $-23.45M | $-72.21M | $-9.39M | $-10.74M | $-2.05M | $12.88M | $9.21M |
| Income Before Tax Ratio | 1.68% | 1.32% | 1.11% | -6.17% | -24.79% | -2.29% | -2.54% | -0.48% | 3.16% | 2.47% |
| Income Tax Expense | $-33.55M | $909.00K | $327.00K | $172.00K | $-6.54M | $14.19M | $-2.19M | $4.64M | $4.44M | $3.47M |
| Net Income | $40.29M | $5.12M | $4.34M | $-23.62M | $-65.67M | $-23.59M | $-8.88M | $-6.96M | $8.21M | $5.63M |
| Net Income Ratio | 8.71% | 1.04% | 0.96% | -6.22% | -22.55% | -5.76% | -2.10% | -1.62% | 2.02% | 1.51% |
| EPS | $1.35 | $0.18 | $0.15 | $-0.85 | $-2.75 | $-0.99 | $-0.35 | $-0.28 | $0.32 | $0.20 |
| EPS Diluted | $1.31 | $0.17 | $0.15 | $-0.85 | $-2.75 | $-0.99 | $-0.35 | $-0.28 | $0.31 | $0.20 |
| Weighted Average Shares Outstanding | 29.84M | 29.20M | 28.62M | 27.64M | 23.90M | 23.85M | 25.17M | 24.84M | 25.62M | 28.00M |
| Weighted Average Shares Outstanding Diluted | 30.72M | 30.09M | 29.07M | 27.64M | 23.90M | 23.85M | 25.17M | 25.05M | 26.23M | 28.63M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 29, 2024 | December 31, 2023 | December 25, 2022 | December 26, 2021 | December 27, 2020 | December 29, 2019 | December 30, 2018 | December 31, 2017 | December 25, 2016 | December 27, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $11.66M | $33.79M | $15.62M | $14.35M | $11.13M | $18.81M | $19.77M | $25.53M | $23.38M | $32.01M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $11.66M | $33.79M | $15.62M | $14.35M | $11.13M | $18.81M | $19.77M | $25.53M | $23.38M | $32.01M |
| Net Receivables | $9.77M | $7.96M | $6.42M | $6.03M | $4.35M | $4.26M | $4.74M | $5.09M | $3.79M | $4.46M |
| Inventory | $3.74M | $3.52M | $3.99M | $3.49M | $2.99M | $3.47M | $3.48M | $3.52M | $3.37M | $3.16M |
| Other Current Assets | $8.03M | $7.83M | $4.50M | $8.36M | $9.68M | $5.69M | $22.85M | $22.12M | $16.04M | $20.31M |
| Total Current Assets | $33.20M | $53.09M | $30.53M | $28.05M | $23.31M | $32.22M | $39.42M | $45.20M | $38.55M | $49.78M |
| Property Plant Equipment Net | $183.74M | $189.48M | $205.37M | $215.89M | $250.33M | $291.02M | $87.78M | $103.86M | $107.07M | $97.43M |
| Goodwill | $2.05M | $2.06M | $2.22M | $2.22M | $2.22M | $2.22M | $2.22M | $2.22M | $2.22M | $1.43M |
| Intangible Assets | $3.40M | $3.40M | $3.40M | $3.40M | $3.40M | $3.40M | $3.40M | $3.40M | $3.40M | $3.40M |
| Goodwill and Intangible Assets | $5.45M | $5.46M | $5.63M | $5.63M | $5.63M | $5.63M | $5.63M | $5.63M | $5.63M | $4.83M |
| Long Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $128.00K |
| Tax Assets | $33.82M | $- | $- | $- | $- | $- | $13.38M | $11.20M | $19.41M | $18.44M |
| Other Non-Current Assets | $6.94M | $4.43M | $3.65M | $3.67M | $4.09M | $4.01M | $7.00M | $4.84M | $4.78M | $3.89M |
| Total Non-Current Assets | $229.94M | $199.37M | $214.64M | $225.18M | $260.05M | $300.66M | $113.80M | $125.53M | $136.89M | $124.73M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $263.15M | $252.46M | $245.17M | $253.24M | $283.36M | $332.88M | $153.22M | $170.73M | $175.44M | $174.51M |
| Account Payables | $9.55M | $9.93M | $10.72M | $8.14M | $6.21M | $3.89M | $3.83M | $3.90M | $3.11M | $5.76M |
| Short Term Debt | $22.81M | $25.77M | $54.79M | $59.43M | $70.98M | $29.32M | $- | $- | $- | $- |
| Tax Payables | $1.32M | $2.13M | $1.73M | $2.22M | $1.55M | $2.23M | $3.16M | $2.94M | $3.48M | $1.96M |
| Deferred Revenue | $- | $8.03M | $3.35M | $2.79M | $3.36M | $1.42M | $1.82M | $2.31M | $2.29M | $1.84M |
| Other Current Liabilities | $31.55M | $25.21M | $1.70M | $91.00K | $-13.13M | $18.34M | $22.03M | $20.51M | $21.23M | $17.46M |
| Total Current Liabilities | $65.23M | $71.08M | $68.94M | $69.88M | $65.61M | $53.77M | $29.03M | $27.35M | $27.82M | $25.18M |
| Long Term Debt | $127.93M | $161.22M | $169.52M | $183.81M | $205.10M | $206.73M | $- | $- | $- | $- |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $21.08M | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $2.26M | $2.15M | $3.05M | $2.81M |
| Other Non-Current Liabilities | $12.04M | $6.07M | $2.44M | $1.97M | $7.16M | $3.21M | $28.66M | $26.14M | $23.39M | $19.11M |
| Total Non-Current Liabilities | $139.97M | $167.29M | $171.96M | $185.77M | $212.26M | $209.94M | $28.66M | $26.14M | $23.39M | $19.11M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $205.20M | $238.37M | $240.90M | $255.65M | $277.86M | $263.71M | $57.68M | $53.49M | $51.21M | $44.29M |
| Preferred Stock | $- | $- | $- | $- | $- | $0 | $- | $- | $- | $- |
| Common Stock | $398.00K | $389.00K | $384.00K | $380.00K | $339.00K | $331.00K | $330.00K | $318.00K | $309.00K | $303.00K |
| Retained Earnings | $-293.50M | $-333.80M | $-338.92M | $-343.26M | $-319.48M | $-254.08M | $-229.56M | $-219.99M | $-213.03M | $-221.25M |
| Accumulated Other Comprehensive Income Loss | $- | $- | $2.57M | $2.57M | $-0 | $-0 | $-200.40M | $-187.73M | $-172.11M | $-154.72M |
| Other Total Stockholders Equity | $351.49M | $348.10M | $340.44M | $337.99M | $324.91M | $322.60M | $324.40M | $336.39M | $335.30M | $349.46M |
| Total Stockholders Equity | $58.39M | $14.69M | $4.27M | $-2.42M | $5.77M | $68.85M | $95.17M | $116.72M | $123.48M | $129.42M |
| Total Equity | $57.95M | $14.09M | $4.07M | $-2.51M | $5.50M | $69.17M | $95.53M | $117.24M | $124.24M | $130.21M |
| Total Liabilities and Stockholders Equity | $263.15M | $252.46M | $245.17M | $253.24M | $283.36M | $332.88M | $153.22M | $170.73M | $175.44M | $174.51M |
| Minority Interest | $-439.00K | $-600.00K | $-204.00K | $-95.00K | $-275.00K | $321.00K | $362.00K | $515.00K | $751.00K | $789.00K |
| Total Liabilities and Total Equity | $263.15M | $252.46M | $245.17M | $253.24M | $283.36M | $332.88M | $153.22M | $170.73M | $175.44M | $174.51M |
| Total Investments | $- | $749.00K | $- | $- | $- | $- | $- | $- | $- | $128.00K |
| Total Debt | $150.74M | $186.99M | $196.91M | $214.69M | $240.76M | $236.04M | $- | $- | $- | $- |
| Net Debt | $139.07M | $153.21M | $181.29M | $200.34M | $229.63M | $217.24M | $-19.77M | $-25.53M | $-23.38M | $-32.01M |
Cash Flow Statement
| Breakdown | December 29, 2024 | December 31, 2023 | December 25, 2022 | December 26, 2021 | December 27, 2020 | December 29, 2019 | December 30, 2018 | December 31, 2017 | December 25, 2016 | December 27, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $41.33M | $5.58M | $4.71M | $-23.62M | $-65.67M | $-23.59M | $-8.55M | $-6.69M | $8.44M | $5.74M |
| Depreciation and Amortization | $12.67M | $12.14M | $11.89M | $15.91M | $19.83M | $22.10M | $23.14M | $25.68M | $22.73M | $21.48M |
| Deferred Income Tax | $-34.09M | $- | $18.00K | $18.00K | $10.00K | $13.81M | $-3.02M | $6.10M | $-1.66M | $-72.00K |
| Stock Based Compensation | $5.73M | $5.45M | $3.27M | $2.14M | $2.52M | $2.33M | $2.88M | $4.68M | $3.06M | $2.40M |
| Change in Working Capital | $- | $-29.05M | $-26.93M | $-30.05M | $-5.03M | $-27.39M | $1.72M | $-2.95M | $5.90M | $3.45M |
| Accounts Receivables | $-1.83M | $-1.58M | $-387.00K | $-1.68M | $-35.00K | $480.00K | $100.00K | $-650.00K | $674.00K | $-445.00K |
| Inventory | $-269.00K | $177.00K | $-499.00K | $-502.00K | $484.00K | $9.00K | $43.00K | $-160.00K | $-188.00K | $-388.00K |
| Accounts Payables | $-622.00K | $-1.02M | $2.24M | $326.00K | $2.46M | $-249.00K | $177.00K | $286.00K | $-1.90M | $1.88M |
| Other Working Capital | $- | $-26.62M | $-28.28M | $-28.19M | $-7.94M | $-27.63M | $1.40M | $-2.43M | $7.31M | $2.40M |
| Other Non Cash Items | $-5.97M | $25.38M | $19.52M | $30.73M | $36.74M | $30.90M | $14.81M | $15.01M | $7.50M | $7.33M |
| Net Cash Provided by Operating Activities | $19.66M | $19.49M | $12.48M | $-4.87M | $-11.61M | $18.17M | $30.99M | $41.82M | $45.97M | $40.32M |
| Investments in Property Plant and Equipment | $-19.28M | $-17.05M | $-8.43M | $-9.05M | $-10.92M | $-14.37M | $-21.39M | $-34.68M | $-36.71M | $-35.73M |
| Acquisitions Net | $- | $6.28M | $- | $208.00K | $143.00K | $75.00K | $98.00K | $11.00K | $-1.11M | $-333.00K |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $202.00K | $- | $- | $-208.00K | $-143.00K | $-75.00K | $- | $-34.68M | $- | $-333.00K |
| Net Cash Used for Investing Activities | $-19.08M | $-10.77M | $-8.43M | $-9.05M | $-10.92M | $-14.37M | $-21.39M | $-34.68M | $-37.82M | $-36.06M |
| Debt Repayment | $-18.83M | $13.61M | $-1.30M | $3.56M | $16.29M | $- | $- | $- | $- | $-1.01M |
| Common Stock Issued | $- | $961.00K | $- | $14.84M | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $-1.39M | $- | $-813.00K | $- | $-584.00K | $-4.22M | $-22.92M | $-12.94M | $-22.32M | $-39.75M |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $-2.42M | $-4.37M | $-1.48M | $-1.25M | $-853.00K | $-555.00K | $7.57M | $7.96M | $5.54M | $5.50M |
| Net Cash Used Provided by Financing Activities | $-22.64M | $10.20M | $-2.78M | $17.15M | $14.85M | $-4.77M | $-15.35M | $-4.98M | $-16.78M | $-35.26M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-22.06M | $18.92M | $1.27M | $3.23M | $-7.68M | $-969.00K | $-5.75M | $2.15M | $-8.63M | $-31.00M |
| Cash at End of Period | $12.48M | $34.54M | $15.62M | $14.35M | $11.13M | $18.81M | $19.77M | $25.53M | $23.38M | $32.01M |
| Cash at Beginning of Period | $34.54M | $15.62M | $14.35M | $11.13M | $18.81M | $19.77M | $25.53M | $23.38M | $32.01M | $63.01M |
| Operating Cash Flow | $19.66M | $19.49M | $12.48M | $-4.87M | $-11.61M | $18.17M | $30.99M | $41.82M | $45.97M | $40.32M |
| Capital Expenditure | $-19.28M | $-17.05M | $-8.43M | $-9.05M | $-10.92M | $-14.37M | $-21.39M | $-34.68M | $-36.71M | $-35.73M |
| Free Cash Flow | $379.00K | $2.44M | $4.05M | $-13.92M | $-22.53M | $3.80M | $9.59M | $7.13M | $9.26M | $4.59M |