Jollibee Foods Corporation closed 2025 with record fourth-quarter operating income, capping a year marked by strong sales growth, aggressive store expansion, and rising contributions from both its Philippine and international businesses.
The listed food service giant said fourth-quarter operating income jumped 41.9 percent to P4.14 billion, the highest ever for a fourth quarter in the company’s history. The sharp increase outpaced revenue growth of 9.8 percent to P80.89 billion, signaling improved operating leverage and tighter control of costs during the period.
For the full year, JFC reported a 13 percent rise in consolidated revenues to P305.11 billion, while operating income climbed 19.3 percent to P20.15 billion. EBITDA also grew 13.8 percent to P41.83 billion, reflecting sustained momentum across its major brands and markets.
JFC chief executive officer Ernesto Tanmantiong said the company’s performance in 2025 showed the strength of its business model and the staying power of its brands in an increasingly competitive consumer environment.
He said system-wide sales for the year rose 16.6 percent, driven by healthy demand in both domestic and overseas markets. The coffee and tea business emerged as one of the group’s strongest growth engines, posting a 44.9 percent increase in system-wide sales and contributing significantly to network expansion.
International operations continued to provide a major lift to results. Jollibee’s overseas business delivered double-digit growth, with Vietnam standing out as a key market. The country, now Jollibee’s largest international market by store count, posted 40.4 percent growth in system-wide sales and 23.9 percent same-store sales growth, supported by continuing expansion.
The group also stepped up its expansion program in 2025, opening 1,126 stores during the year, the highest annual total in its history. This pushed JFC’s global store network to 10,341 as of yearend, with 3,504 stores in the Philippines and 6,837 abroad.
The Philippine business recorded 9.6 percent growth in system-wide sales, led by Jollibee, Mang Inasal, and Chowking. Overseas, the international segment expanded 27 percent, boosted by strong performances from EMEAA, Compose Coffee, Highlands Coffee, and Jollibee US.
Same-store sales growth remained healthy at 4.8 percent for the full year, with the Philippine business posting 5.2 percent and the international segment registering 4.2 percent. The company said this reflected the impact of product innovation, marketing initiatives, and operational improvements that helped sustain customer demand.
Net income attributable to equity holders of the parent rose 20.1 percent in the fourth quarter to P2.22 billion. For the full year, it increased 5.4 percent to P10.87 billion. Basic earnings per share rose 20.8 percent in the fourth quarter to P1.902 and increased 6 percent for the year to P9.386.
JFC said the more moderate growth in full-year net income compared with operating income was largely due to higher financing costs and tax provisions.
Richard Shin, chief financial and risk officer of JFC and chief executive officer of Jollibee Group International Business, said the company remains focused on balancing growth investments with financial discipline.
He said JFC intends to continue building profitability over the long term while investing in brands, digital capabilities, and expansion platforms that can support sustained growth.
For 2026, the company is targeting system-wide sales growth of 8 percent to 12 percent, same-store sales growth of 4 percent to 6 percent, and operating income growth of 15 percent to 18 percent. It also plans to open 1,200 to 1,300 gross stores this year while lowering capital expenditures to between P13 billion and P16 billion.
Beyond organic growth, JFC is also strengthening its portfolio through acquisitions. In February 2026, it announced that its 70 percent-owned subsidiary Jolli-K Co. Ltd. had signed definitive agreements to fully acquire All Day Fresh Co. Ltd., operator of the Shabu All Day hot pot brand in South Korea. The transaction remains subject to regulatory approvals.
The move is expected to deepen JFC’s presence in the Chinese cuisine and franchising space while giving it a foothold in the fast-growing global hot pot market.
With record quarterly profitability, expanding international scale, and fresh investments in new growth segments, JFC enters 2026 with solid momentum and a stronger platform for long-term expansion.