Domino's Pizza

Domino's helps people get pizza and other meals delivered to their homes or ready for pickup. The company serves neighborhoods through its global network of franchise owners and company-owned stores. It makes eating quick and affordable for families and individuals in over 90 markets.

What Is on the Menu?

• Supply Chain: Manufacturing and distribution of fresh dough and food items to over 7,800 stores; accounted for 60.5% of consolidated revenues in 2025.
• U.S. Stores: Network of 6,924 franchised and 262 company-owned locations selling pizza and sides; accounted for 32.6% of consolidated revenues in 2025.
• International Franchise: Royalties and fees from a network of 14,956 franchised stores located outside the United States; accounted for 6.9% of consolidated revenues in 2025.
• Food Products: Hand-tossed pizza, oven-baked sandwiches, pasta, chicken wings, and desserts sold to retail customers worldwide.

Recent Strategic Moves

• Formed multinational agreements with Uber Technologies, Inc. and DoorDash, Inc. to list products on their respective delivery marketplaces.
• Renewed a long-term exclusive beverage agreement with Coca-Cola in December 2023 that runs through at least 2030.
• Launched a new Parmesan Stuffed Crust Pizza and Garlic and Cinnamon Bread Bites during 2025 to expand the core menu.
• Established a multi-year agreement in December 2024 to purchase substantially all U.S. pizza cheese from a single primary supplier through 2029.

What Makes This Brand Stand Out?

The company operates an asset-light model where 99% of global stores are owned by independent franchisees. This structure allows the business to generate consistent royalty streams and supply chain profits without heavy capital investment in restaurant facilities.

The Scorecard

• Revenue grew to $1.5 billion in Q4 2025, up 6.4% from Q4 2024.
• Operating income reached $296.7 million in Q4 2025, up 8.4% year-over-year.
• Net income rose to $181.6 million in Q4 2025, up 7.2% from the previous year.
• Free cash flow reached $175.9 million in Q4 2025, up 29.4% from Q4 2024.
• Digital channels generated more than 85% of U.S. retail sales during 2025.

Bottom Line

Domino's has transitioned from a traditional pizza shop into a technology-focused global franchisor. By integrating its own supply chain with advanced digital ordering platforms, the company maintains a high-volume delivery and carryout network.