Domino's Pizza (DPZ) Q2 2026 Earnings
How Did DPZ Stock React to Q2 2026 Earnings?
S&P 500 over the same 30 days: +3.63%.
Did DPZ Beat Earnings? Q2 2026 Results
No. Domino's Pizza reported Q2 2026 earnings of $4.07 a share on Jul 20, 2026, missing the $4.17 consensus estimate by 2.4%. Revenue was $1.2B against a $1.2B estimate.
Domino's Pizza served up a mixed quarter in Q2 2026, beating on the top line but falling short on the bottom line as slowing same-store sales weighed on sentiment. Revenue rose 4.3% year-over-year to $1.19 billion, edging past the $1.18 billion consensus estimate by 1.29%, but diluted EPS of $4.07 missed the $4.17 analyst expectation by 2.37%, even as the figure represented a 6.8% improvement from a year ago aided by ongoing share buybacks. The central tension in the quarter was a sharp deceleration in comparable sales growth, with U.S. same-store sales essentially flat at 0.1% and international same-store sales slipping to negative 0.1%, a significant step back from the stronger trends posted in Q2 2025. Net income climbed 3.6% to $135.75 million, while income from operations grew 3.1% to $232.04 million, partly offset by elevated general and administrative expenses tied to the company's biennial Worldwide Rally event. Morgan Stanley and Wells Fargo both maintained neutral ratings on the stock ahead of the print, reflecting the cautious backdrop facing the broader quick-service restaurant category.
- Order count growth across both delivery and carryout businesses
- Higher supply chain revenues driven by higher order volumes and 2.2% food basket pricing increase
- Net store growth of 209 stores globally (26 U.S., 183 international)
- Supply chain gross margin improvement of 0.2 percentage points from procurement productivity
- Lower weighted average diluted share count from share repurchases
- Favorable $3.6 million change in unrealized/realized losses on DPC Dash investment
“In the second quarter, Domino's drove meaningful order count growth. I believe order growth is the most important driver of long-term success in our business. In a quarter where the broader U.S. QSR industry continued to face pressure on consumer demand, Domino's generated order count growth across both our delivery and carryout businesses, bringing millions of new customers to our brand. These new customers strengthen our long-term growth flywheel by engaging with our loyalty program, while their orders power our supply chain business, fuel store growth, and drive market share. My conviction in Domino's long-term growth potential remains as strong as ever. Our scale and competitive position have never been stronger. Domino's is uniquely positioned to continue gaining market share and delivering long-term value for shareholders.”
Domino's Pizza CEO, on the earnings call
DPZ YoY Financials
| Metric | Q2 2026 | Q2 2025 | Year over year |
|---|---|---|---|
| Revenue | $1.2B | $1.1B | +4.3% |
| Gross Profit | $478.2M | $461.0M | +3.7% |
| Operating Income | $232.0M | $225.0M | +3.1% |
| Net Income | $135.8M | $131.1M | +3.6% |
DPZ Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.