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Jollibee Group Reports Record Q4 Operating Income; Posts Strong Full-Year 2025 Results
Q4 operating income rises 41.9% year-on-year to Php4.1 billion; full-year system-wide sales up 16.6%
METRO MANILA, PHILIPPINES – Media OutReach Newswire – 21 April 2026 – Jollibee Foods Corporation (PSE: JFC), also known as the Jollibee Group (“JFC” or the “Group”), reported strong full-year 2025 performance, led by record fourth-quarter operating income of Php4.1 billion (up 41.9% year-on-year) and 16.6% full-year system-wide sales (SWS) growth, driven by continued strength across key Asian markets and its broader international platform.
In 2025, the Jollibee Group strengthened its position across Asia while expanding its international footprint, with the international business delivering 27.0% SWS growth for the year. Key Asian markets, including Vietnam—Jollibee’s largest international market by store count for the Jollibee brand—delivered strong performance alongside continued network expansion.
The Group also recorded strong momentum in its coffee and tea segment, with SWS increasing by 44.9% for the full year, supporting diversification of growth drivers and continued store network development.
In Hong Kong, Jollibee continued to strengthen its relevance among consumers, earning recognition as My Favourite Fast-Food Shop at the U Food Favourite Food Awards 2025—reflecting its growing appeal among mainstream local customers.
In Singapore, the Group further expanded its footprint through Jollibee, Coffee Bean & Tea Leaf, and Tim Ho Wan, with 29, 79, and 9 stores, respectively, as of end-2025. Jollibee Singapore was named the No. 1 Fast Food Chain for Customer Service by The Straits Times, while Tim Ho Wan refreshed its flagship Marina Bay Sands store with a more dim sum-centric menu and new offerings at accessible price points—both reinforcing stronger patronage from mainstream local customers alongside its core base.
This sustained performance across markets contributed to the Group’s overall results, with SWS increasing by 16.6% for the full year across its Philippine and international businesses.
The Jollibee Group closed 2025 with its highest fourth-quarter operating income on record, increasing by 41.9% year-on-year.
Ernesto Tanmantiong, Global Chief Executive Officer of JFC, shared the following statement on JFC’s performance: “I’m proud of how our teams performed in 2025. We finished the year with record fourth-quarter operating income—up 41.9% year-on-year—reflecting both strong sales momentum and better operating leverage.
For the full year, we delivered 16.6% system-wide sales growth across our Philippine and international businesses. Coffee and tea continued to build scale with 44.9% system-wide sales growth, and our international business grew system-wide sales by 27.0% as we continued to expand with discipline across our key markets.
In particular, the Jollibee brand sustained strong momentum in Vietnam, its largest international market by store count, supported by continued customer demand and ongoing network expansion.
We opened 1,126 stores during the year, the most in our company’s history, which strengthens our runway for sustained growth. Looking ahead to 2026, our priorities remain clear: profitable growth, operational excellence, and consistent value creation for our shareholders and other stakeholders.”
|
Financial Data |
Quarter 4 (Unaudited) |
% Change |
FY 2025 (Audited) |
% Change |
||
| 2025 | 2024 | 2025 | 2024 | |||
| System Wide Sales | 122,300 (~US$2,084) | 109,180 (~US$1,877) | 12.0 | 455,111 (~US$7,914) | 390,284 (~US$6,812) | 16.6 |
| Revenues | 80,890 (~US$1,378) | 73,695 (~US$1,267) | 9.8 | 305,112 (~US$5,306) | 269,942 (~US$4,712) | 13.0 |
| Operating Income | 4,143 (~US$71) | 2,919 (~US$50) | 41.9 | 20,150 (~US$350) | 16,889 (~US$295) | 19.3 |
| EBITDA | 9,920 (~US$169) | 8,355 (~US$144) | 18.7 | 41,830 (~US$727) | 36,746 (~US$641) | 13.8 |
| Net Income | 1,988 (~US$34) | 1,920 (~US$33) | 3.5 | 11,005 (~US$191) | 10,796 (~US$188) | 1.9 |
| Net Income Attributable to Equity | ||||||
| Holders of the Parent Company | 2,221 (~US$38) | 1,850 (~US$32) | 20.1 | 10,872 (~US$189) | 10,317 (~US$180) | 5.4 |
| Earnings Per Share – Basic | 1.902 (~US$0.032) | 1.574 (~US$0.027) | 20.8 | 9.386 (~US$0.163) | 8.851 (~US$0.154) | 6.0 |
| Earnings Per Share – Diluted | 1.897 (~US$0.032) | 1.570 (~US$0.027) | 20.8 | 9.362 (~US$0.163) | 8.826 (~US$0.154) | 6.1 |
Note: (1) Amounts in Million Pesos except for Per Share Data
(2) System wide sales (SWS) is a management account, not part of the Audited Financial Statements
(3) Reported growth rates are calculated based on Philippine Peso (PHP) amounts
Consolidated revenues increased by 9.8% for the quarter and 13.0% for the full year, reflecting sustained consumer demand and continued strength across the Group’s core markets.
Earnings before interest, taxes, depreciation and amortization (EBITDA) for the quarter increased by 18.7% to Php9.9 billion (approx. US$169.0 million), while full-year EBITDA rose by 13.8% to Php41.8 billion (approx. US$727.4 million), reflecting solid operational execution and sustained business momentum across key markets.
Operating income recorded a significant increase of 41.9% in the fourth quarter to Php4.1 billion (approx. US$70.6 million), representing the highest fourth-quarter operating income in the Company’s history, with operating income margin expanding by 110 basis points year-on-year. The growth was supported by revenue momentum and improved expense efficiencies, including better optimization of general and administrative and advertising and promotion expenditures during the period.
For the full year, operating income expanded by 19.3% to Php20.1 billion (approx. US$350.4 million), accompanied by a 30-basis-point year-on-year improvement in operating income margin, reflecting sustained cost discipline and operating leverage across the business.
Net income attributable to equity holders of the Parent Company grew by 20.1% to Php2.2 billion (approx. US$37.8 million) in the fourth quarter and by 5.4% to Php10.9 billion (approx. US$189.0 million) for the year. The difference in growth rates relative to operating income primarily reflects higher financing costs and tax provisions during the period.
Basic earnings per share (EPS) increased by 20.8% to Php1.902 (approx. US$0.032) for the quarter and by 6.0% to Php9.386 (approx. US$0.163) for the full year.
Full Year 2026 Guidance
Based on its target for 2026, JFC projects full year system-wide sales growth to be in the range of 8%–12%, with same store sales growth of 4%–6% and store network increase of 5%–10%. Operating income growth will be in the range of 15%–18%.
JFC plans to expand network by 1,200 to 1,300 stores (gross) in 2026 and expects capital expenditures (CAPEX) range to be further reduced to Php13.0 to 16.0 billion.
Forward-Looking Statement Disclaimer
The foregoing disclosure contains forward-looking statements that are based on certain assumptions of Management and are subject to risks and opportunities or unforeseen events. Actual results could differ materially from those contemplated in the relevant forward-looking statement, and JFC gives no assurance that such forward-looking statements will prove to be correct, or that such intentions will not change. This Press Release discloses important factors that could cause actual results to differ materially from JFC’s expectations. All subsequent written and oral forward-looking statements attributable to JFC or person acting on behalf of JFC expressly qualified in their entirety by the above cautionary statements.
Hashtag: #JollibeeGroup
The issuer is solely responsible for the content of this announcement.
About Jollibee Group
Jollibee Foods Corporation (PSE: JFC) (also known as “JFC”) is one of the world’s fastest-growing restaurant companies, driven by its purpose of spreading joy through superior taste. It manages and operates a portfolio which includes 19 brands with over 10,000 stores and cafés across 33 countries.
JFC’s portfolio includes nine wholly owned brands (Jollibee, Chowking, Greenwich, Red Ribbon, Mang Inasal, Yonghe King, Hong Zhuang Yuan, Smashburger and Tim Ho Wan), five franchised brands (Burger King, Panda Express, Yoshinoya, Common Man Coffee Roasters, and Tiong Bahru Bakery in the Philippines), and ownership stakes in other key brands like The Coffee Bean and Tea Leaf (80%), Compose Coffee (70%), SuperFoods Group that operates Highlands Coffee (60%), and bubble tea brand Milksha (51%). The Company also has membership interests in Tortazo, LLC, along with Chef Rick Bayless, for Tortazo in the U.S. and has recently invested in Botrista, a leader in beverage technology.
JFC’s global sustainability agenda, Joy for Tomorrow, underscores its commitment to sustainable business practices across food safety, employee welfare, community support, good governance, and environmental responsibility, among others. These focus areas are aligned with the United Nations Sustainable Development Goals (UN SDGs).
JFC has been recognized as the Philippines’ Most Admired Company by the Asian Wall Street Journal, named one of Asia’s Fab 50 Companies, and listed among Forbes’ World’s Best Employers and Top Female-Friendly Companies. The Company is also a five-time Gallup Exceptional Workplace Award recipient and featured in TIME’s World’s Best Companies and Fortune’s Southeast Asia 500 List.
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A Pandastic Summer Birthday Celebration at Ocean Park Chance to win the all-new MAXUS MIFA 7 PLUS Pure Electric 7-Seater MPV
Even more exciting, visitors could take home fabulous prices, including the newly launched MAXUS MIFA 7 PLUS, the mid-size family pure electric MPV – by entering the Summer Joy Lucky Draw* on every eligible visit during the promotion period of 3 July and 31 August 2026!
Birthday photo spots and Panda Friends encounters
Celebrate the pandas’ special days with pandastic photo opportunities across the Park. Capture snapshots at the main entrance’s gigantic birthday countdown zone. Don’t miss the charming 5-metre-tall Giant Panda Birthday Bun Tower at Waterfront Plaza, adorned with piles of pink birthday buns to celebrate the pandas’ birthdays in true Hong Kong style.
Explore the Panda Friends Cute & Cuddly zone at Eco-Herbal Trail, featuring over 60 Panda Friends sculptures, each carrying magnifying sunglasses and cameras, ready to discover the wonders of nature.
The precious panda moments
Relive the heartwarming journey of all six giant pandas at the Pandastic Happy Moments exhibit next to the Hong Kong Jockey Club Sichuan Treasures. This special display showcases precious footage commemorating the rapid growth of twins Jia Jia and De De and other adorable life stages from all the giant panda members. It is a truly unmissable experience for all panda enthusiasts.
Fans can also visit the Giant Panda Fans Zone near the exhibit, created for fans to meet and connect and exchange their own handmade crafts and treasured panda keepsakes until 31 August 2026!
Summer splashing fun with Panda Friends
Dive into body-cooling water fun at the Panda Friends Splashy Birthday Camp outside Applause Pavilion. Experience the thrill of dashing through giant water curtains or facing a massive waterfall-style deluge from the mega water bucket. Unleash your playful instincts with all-time favourite water bomb fights at Panda Friends Water Bomb Fun or get caught in refreshing water gun ambushes from Ocean Park’s special Celebration Squad during their energetic Pandastic Birthday Splash, featuring adorable dance routines inspired by the panda twins.
Delightful entertainment and limited-edition performances
The highly-anticipated Pandastic Summer Birthday Spectacular features giant inflatable Panda Friends roaming the Park, accompanied by various performance groups delivering vibrant songs and dances at the Pawsome Summer Party on 8, 15 and 16 August 2026. Ocean 6N1 dress up with their special birthday outfits and showcase incredible singing and dancing in All Star Jam talent show. Whiskers & Friends will also give a birthday edition special performance at Ocean Park Star Match. Ocean Park’s lively roving band will also keep the festive atmosphere high.
Exclusive collectibles
Commemorate the twins’ second birthday with exclusive, limited-edition Giant Panda Birthday stamps. Collect all the stamps from designated Park locations to complete your very own beautiful birthday card. Test your skills and reflexes at interactive game booths to win special prizes. The talented coloured-chalk artists painting adorable giant panda figures in the Park.
Adorable merchandise and food and beverage
Check out our adorable Panda Friends Summer Collection, vibrant with colourful and summery designs. Highlights include the Giant Panda Plush Keychain Blind Box, featuring all the Panda Friends in their cutest summer outfits. Jia Jia and De De have transformed into the “Lemon Twins”, starring in a new range of summer essentials to keep everyone cool and refreshed throughout the season. Equally unmissable is the Panda Friends Hong Kong Food Collection, which charmingly captures iconic Hong Kong food elements.
Beyond these, the all-new Ocean Park x Maltese Crossover Series and the Panda Friends Hong Kong Food Collection prize items will be making their way to game booths across the Park, starting from mid-July. On top of that, fans can also look forward to Panda Friends photo frame, claw machines and press penny machines to bring in another level of excitement.
To celebrate the giant pandas’ birthdays, Ocean Park has prepared a tempting lineup of panda-themed treats, including the Panda Twins Mini Burgers and Panda Snack Platter. No birthday celebration is complete without desserts and cakes. The Park has also launched a delightful selection of treats, as well as refreshing snow cones and frozen fruits for visitors to beat the summer heat. What’s more, other restaurants across the Park will be introducing a summer menu featuring fruit-inspired recipes, so you can savour the flavours of summer with surprises in every bite.
Summer Joy Lucky Draw
Adding a final layer of excitement, the Summer Joy Lucky Draw* offers fantastic surprises. From 3 July to 31 August 2026, upon Park admission, visitors can register to participate for a chance to win from over 1,000 prizes with a total value of more than HK$815,000, including the grand prize, a brand-new MAXUS MIFA 7 PLUS Pure Electric 7-Seater MPV worth HK$369,102, sponsored by Inchcape Hong Kong. Every visit offers another chance to win!
Pair up and dive into summer fun with Summer Duo Pass
Pair up with a friend or family for an unforgettable summer adventure and enjoy up to 30% off with the Summer Duo Pass# available from now until 31 August 2026. Weekday tickets for two adults or two kids start at HK$753 and HK$377 respectively, while any-day tickets for two adults or two kids start at HK$861 and HK$430 respectively.
New Get Closer to the Animals experiences
Beyond the panda birthday festivities, Ocean Park is launching two new Get Closer to the Animals programmes. You can enjoy snorkelling in the Park’s world-class aquarium and visit behind the scenes to interact with the mysterious yet adorable sharks and rays for the very first time in the newly launched Fish Friends Face-Off X Shark & Ray Discovery! There is also a new Meerkat Feeding experience for visitors to learn more about these adorable ambassadors!
Elevating the digital visitor experience
To coincide with the launch of Ocean Park’s summer celebrations, Ocean Park is also enhancing its digital experience with a redesigned official website, which features enhanced mobile compatibility and a more intuitive browsing experience across all devices. This new website supersedes the previous mobile application and enables viewers to access the latest park information anytime, anywhere on one platform.
Ocean Park Named “Muslim-friendly Attraction of The Year”
Ocean Park has been named Muslim-friendly Attraction of The Year at the prestigious Halal in Travel Awards 2026 organised by CrescentRating, the world’s leading consultant on Muslim-friendly tourism. This recognition highlights the Park’s dedication to welcoming diverse guests through comprehensive facilities, including dedicated prayer rooms and an expanded portfolio of Halal-certified dining options like the recently certified Bayview Restaurant. With this milestone, Ocean Park looks forward to welcoming even more international visitors to experience its unique blend of conservation, entertainment, and exceptional cultural hospitality.
*The Summer Joy Lucky Draw (Trade Promotion Competition Licence Number: 61599) will be held from 3 July to 31 August 2026. Terms and conditions apply. For eligibility, registration procedures and promotion details, please visit https://www.oceanpark.com.hk/en/a-day-at-the-park/events/summer-joy-lucky-draw
# Terms and conditions apply. For information of the Summer Duo Pass, please visit: https://www.oceanpark.com.hk/en/ticket-offer/admission-ticket-special-offers
Hashtag: #OceanPark
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Nanyang Optical Co. Pte Ltd (In Liquidation) Announces Tender Sale of Optical Inventory Located in Shenzhen, China
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Robert Khan & Co Pte Ltd
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Hong Kong Disneyland Continues to Enhance Guest Experience Through Flexible Weather Adaptation Measures
From cooling facilities and shaded rest areas to flexible operational arrangements, the initiatives are designed to provide more choices and added ease for both guests and cast members during the summer months.
Additionally, HKDL has introduced an exclusive “Summer Chill” 4PM Ticket Offer for Hong Kong residents. Guests can enjoy the park from 4:00pm onwards, helping them avoid the hottest hours or periods of heavy rain, with prices starting at just HK$480.
Guests are also encouraged to stay hydrated and explore the resort’s wide selection of indoor attractions and entertainment offerings during the hottest hours of the day.
Weather-Conscious Design for a Better Guest Experience
The guest experience is supported by the resort’s planning and operations through a combination of environmental design and infrastructure enhancements. Disney Imagineers use detailed studies of sunlight, temperature, humidity and wind, supported by advanced computer simulations, to assess conditions across different areas of the park and guide design decisions.
For instance, Wayfinders’ Table in Adventureland was designed with sun exposure and ventilation needs in mind. Through the use of hard roof materials and thoughtful airflow planning, the design helps reduce heat buildup while providing shelter from rain.
Canopies, trees and fans are also used for the outdoor stage show “Moana: A Homecoming Celebration” to provide shade and added relief. The park also preserves and plants trees more extensively to provide additional natural shade.
Enhancing Infrastructure to Adapt to Changing Weather Conditions
HKDL has strengthened its guest-focused infrastructure to help improve airflow and provide added cooling support in various summer weather conditions. Energy-efficient ceiling fans operate at entrances and ticketing areas, while upgraded axial fans enhance airflow in queuing zones.
The park now features approximately 860 fans, with mobile units deployed flexibly to provide cooling support where they are needed most, particularly in high-traffic areas. Portable air-conditioning units have also been added in select outdoor zones to further support ventilation.
Mist cooling systems are also available at multiple outdoor locations, while additional shade structures have been added to queuing and dining areas.
Over 40 free water dispensers are provided across the resort, with nearly half already upgraded to dispense water 50% faster, helping guests rehydrate more conveniently throughout their visit.
Supporting Cast Members Through Changing Weather Conditions
With cast member safety as a top priority, HKDL continuously reviews operational measures to support frontline teams working outdoors in varying weather conditions. Cast members are dressed in outdoor costumes made with breathable, moisture-wicking fabrics, while additional rest breaks, hydration support and access to cooling facilities are provided during periods of extreme heat and humidity.
The resort closely monitors weather conditions and proactively adjusts outdoor show schedules whenever Heat Stress at Work Warnings are issued.
Disney Ambassadors also distribute electrolyte drink powder and chilled water bottles to frontline cast members working in outdoor areas.
Cooling Fun with Pixar Summer Fest
HKDL integrates cooling moments into storytelling. Guests can conveniently transition between a wide variety of indoor attractions, dining venues and entertainment offerings located throughout the resort, helping the magic continue in changing weather conditions.
The newly launched “Pixar Summer Fest” invites guests to beat the heat with immersive entertainment. The “Pixar Water Play Street Party!” welcomes guests to join beloved Pixar characters in a lively water parade, offering refreshing fun as part of the festive atmosphere.
Guests can also chill out with refreshing Pixar-themed treats, including Lime Dole Whip with Pineapple Slush Float at Jessie’s Snack Roundup, Monsters, Inc.-inspired Mike Wazowski Ice Cream Bar, Toy Story Alien Ice Cream Bar, and Sulley-inspired Mint Chocolate Flavored Soft Serve. These playful creations offer visual delight and refreshing summer treats for guests.
Exclusively for Hong Kong residents, the “Summer Chill” 4PM Ticket offers later entry to the park for just HK$480, allowing guests to enjoy an afternoon-to-evening “Pixar Summer Fest” experience.
Hashtag: #HongKongDisneyland
The issuer is solely responsible for the content of this announcement.
