Domino's Pizza DPZ · USD

(11)Segment Information The Company has three reportable segments: (i) U.S. stores; (ii) supply chain; and (iii) international franchise. The Company’s operations are organized by management on the combined basis of line of business and geography. The U.S. stores segment includes operations with respect to all franchised and Company-owned stores throughout the U.S. The supply chain segment primarily includes the distribution of food, and to a lesser extent, other products, from the Company’s supply chain center operations in the U.S. and Canada. Over 90% of the Company’s supply chain revenues are attributable to the U.S. The international franchise segment includes operations related to the Company’s franchising business in foreign markets. The accounting policies of the reportable segments are the same as those described in Note 1. The Company’s chief operating decision maker is its Chief Executive Officer, and he evaluates the performance of the Company’s segments and allocates resources to them based on revenues and earnings before interest, taxes, depreciation, amortization and other, referred to as Segment Income. The Company’s chief operating decision maker uses Segment Income to determine future business objectives and targets and for long-range planning for the reportable segments, as well as to evaluate their operating performance. The tables below summarize the financial information, including revenues, significant segment expenses, Segment Income and capital expenditures, concerning the Company’s reportable segments for fiscal years 2025, 2024 and 2023. Intersegment revenues are comprised of sales of food, and to a lesser extent, other products, from the supply chain segment to the Company-owned stores in the U.S. stores segment. Intersegment sales prices are market based. Fiscal year ended December 28, 2025 U.S.Stores SupplyChain InternationalFranchise Total U.S. Company-owned stores $ 375,153 $ — $ — $ 375,153 U.S. franchise royalties and fees 677,114 — — 677,114 Supply chain — 3,106,047 — 3,106,047 Supply chain - intersegment revenues — (116,518 ) — (116,518 ) International franchise royalties and fees — — 338,704 338,704 U.S. franchise advertising 559,494 — — 559,494 Segment revenues $ 1,611,761 $ 2,989,529 $ 338,704 $ 4,939,994 Cost of sales - food 112,116 2,118,166 — 2,230,282 Cost of sales - labor 117,357 267,017 — 384,374 Cost of sales - other (1) 80,849 219,143 — 299,992 U.S.

(6)Commitments and Contingencies The Company is a party to lawsuits, revenue agent reviews by taxing authorities and legal proceedings, of which the majority involve workers’ compensation, employment practices liability, general liability and automobile and franchisee claims arising in the ordinary course of business. The Company records legal fees associated with loss contingencies when they are probable and reasonably estimable. Litigation is subject to many uncertainties, and the outcome of individual litigated matters is unpredictable. These matters could be decided unfavorably and could require the Company to pay damages or make other expenditures in amounts or a range of amounts that cannot be estimated with accuracy. However, the Company does not believe these matters, individually or in the aggregate, will have a material adverse effect on the business or financial condition of the Company, and the Company expects that the established accruals adequately provide for the estimated resolution of such claims.

(7)Income Taxes Income before provision for income taxes in 2025, 2024 and 2023 consisted of the following: 2025 2024 2023 U.S. $ 753,085 $ 707,705 $ 640,255 Foreign 17,253 14,510 12,185 Income before provision for income taxes $ 770,338 $ 722,215 $ 652,440 The components of the Company’s provision for income taxes and the effective tax rate for 2025, 2024 and 2023 are summarized as follows in the table below. The Company adopted ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures in the fourth quarter of 2025. The Company has included the relevant disclosures retrospectively for all periods presented in the consolidated financial statements. 2025 2024 2023 U.S. Federal income tax provision, based on the statutory rate $ 161,771 21.0 % $ 151,665 21.0 % $ 137,012 21.0 % State and local income taxes, net of related Federal income tax effects(1) 23,501 3.1 % 22,546 3.1 % 19,473 3.0 % Foreign tax effects 29,558 3.8 % 26,600 3.7 % 25,301 3.9 % Nontaxable or nondeductible items 7,307 0.9 % 6,107 0.8 % 5,040 0.8 % Changes in valuation allowances 4,142 0.5 % 3,918 0.5 % 3,334 0.5 % Changes in unrecognized tax benefits (46 ) 0.0 % 616 0.1 % 16 0.0 % Effect of cross-border tax laws Foreign derived intangible income deduction (16,800 ) (2.2 )% (16,380 ) (2.3 )% (17,850 ) (2.7 )% Tax credits Foreign tax credits (29,558 ) (3.8 )% (26,600 ) (3.7 )% (23,582 ) (3.6 )% Other credits (3,887 ) (0.5 )% (5,856 ) (0.8 )% (5,440 ) (0.8 )% Other adjustments Excess tax benefits from equity-based compensation (3,158 ) (0.4 )% (22,241 ) (3.1 )% (3,397 ) (0.5 )% Other (4,196 ) (0.5 )% (2,330 ) (0.2 )% (6,585 ) (1.2 )% Provision for income taxes $ 168,634 21.9 % $ 138,045 19.1 % $ 133,322 20.4 % (1) California, New York, Florida, Illinois, New Jersey, Minnesota and New York City made up the majority (greater than 50%) of this category in each of the years presented, with the addition of Oregon for 2025. Excess tax benefits from equity-based compensation activity resulted in a decrease in the Company’s provision for income taxes of $3.2 million, $22.2 million and $3.4 million in 2025, 2024 and 2023, respectively, primarily due to the recognition of excess tax benefits for options exercised and the vesting of equity awards.

(5)Leases The Company leases certain retail store and supply chain center locations, vehicles, equipment and its corporate headquarters with expiration dates through 2045. The components of operating and finance lease cost for 2025, 2024 and 2023 were as follows: 2025 2024 2023 Operating lease cost $ 52,160 $ 50,058 $ 47,579 Finance lease cost: Amortization of right-of-use assets 5,385 5,644 5,545 Interest on lease liabilities 3,673 4,090 4,340 Total finance lease cost $ 9,058 $ 9,734 $ 9,885 Rent expense totaled $95.9 million, $91.2 million and $85.6 million in 2025, 2024 and 2023, respectively. Rent expense includes operating lease cost, as well as expense for non-lease components including common area maintenance, real estate taxes and insurance for the Company’s real estate leases. Rent expense also includes the variable rate per mile driven and fixed maintenance charges for the Company’s supply chain center tractors and trailers and expense for short-term rentals. Rent expense for certain short-term supply chain center tractor and trailer rentals was $6.5 million, $7.5 million and $5.4 million in 2025, 2024 and 2023, respectively. Variable rent expense and rent expense for other short-term leases were immaterial for 2025, 2024 and 2023. Supplemental balance sheet information related to the Company’s finance leases as of December 28, 2025 and December 29, 2024 was as follows: December 28,2025 December 29,2024 Land and buildings $ 80,457 $ 79,966 Equipment 4,225 4,640 Finance lease assets 84,682 84,606 Accumulated depreciation and amortization (32,908 ) (28,148 ) Finance lease assets, net $ 51,774 $ 56,458 Current portion of long-term debt $ 6,017 $ 4,895 Long-term debt, less current portion 55,991 61,163 Total principal payable on finance leases $ 62,008 $ 66,058 As of December 28, 2025 and December 29, 2024, the weighted average remaining lease term and weighted average discount rate for the Company’s operating and finance leases were as follows: 2025 2024 Operating Finance Operating Finance Leases Leases Leases Leases Weighted average remaining lease term 6 years 11 years 7 years 12 years Weighted average discount rate 4.8 % 6.1 % 4.6 % 6.

Item 1C. Cybersecurity. Cybersecurity Governance The Company’s entire Board of Directors is engaged in risk management oversight, including the oversight of risks from cybersecurity threats. The Audit Committee assists the Board of Directors in its oversight of Domino’s company-wide risk management and the process established to identify, assess, measure, monitor and manage risks, including major information security and cybersecurity risks, with input from the Company’s internal committee dedicated to assessing and managing enterprise risk comprised of Company executives in addition to other senior leaders within the Company (the “Enterprise Risk Committee”). Cybersecurity and related matters are a recurring topic at meetings of the Audit Committee and the Company’s Executive Vice President and Chief Technology and Data Officer (“CTO”) and Chief Information Security Officer (“CISO”) provide the Audit Committee with an update on the Company’s cybersecurity risk profile and strategy at multiple Audit Committee meetings each year. These updates include both qualitative and quantitative information on the effectiveness of the Company’s cybersecurity controls. At an operational level, the Company’s cybersecurity strategy is shaped by its CISO who is ultimately responsible for implementing the Company’s cybersecurity policies, procedures and strategy under the oversight of the Enterprise Risk Committee. The Company’s CISO regularly provides updates to the Enterprise Risk Committee at relevant meetings and provides additional updates to the Company’s Chief Executive Officer, Chief Operating Officer and President, Domino’s U.S., Executive Vice President and Chief Financial Officer, Executive Vice President, General Counsel and Corporate Secretary and CTO on a regular basis in between the meetings of the Enterprise Risk Committee. Such updates are designed to ensure the Enterprise Risk Committee and Company executives remain informed about and are able to monitor the prevention, detection, mitigation and remediation of cybersecurity incidents. The Company’s CISO has multiple decades of experience in the cybersecurity and information security fields with relevant experience supplemented by undergraduate and post-graduate degrees in information technology and security and completion of additional related executive education, along with holding several industry-recognized cybersecurity certifications.

(10)Capital Structure The Company’s share repurchase programs have historically been funded by excess operating cash flows, excess proceeds from the Company’s recapitalization transactions and borrowings under the Company’s variable funding notes. The Company’s policy is to recognize the difference between the purchase price and par value of the common stock in additional paid-in capital. In instances where there is no additional paid-in capital, the difference is recognized in retained deficit. During 2025, 2024 and 2023, the Company repurchased 785,280 shares, 758,242 shares and 789,977 shares of the Company’s common stock for $354.7 million, $327.0 million and $269.0 million, respectively. As of December 28, 2025, the Company had $459.7 million remaining under the $1.0 billion share repurchase authorization approved by its Board of Directors on February 21, 2024 for repurchases of shares of the Company’s common stock. As of December 28, 2025, authorized common stock consists of 160,000,000 voting shares and 10,000,000 non-voting shares.

(8)Employee Benefits The Company has a retirement savings plan which qualifies under Internal Revenue Code Section 401(k). All employees of the Company who have completed 60 days of service and are at least 18 years of age are eligible to participate in the plan. The plan requires the Company to match 100% of the first 5% of each employee’s elective deferrals contributed on a per paycheck basis. The Company’s matching contributions are made in the form of cash and vest immediately. The expenses incurred for Company contributions to the plan were $14.2 million, $14.1 million and $12.5 million in 2025, 2024 and 2023, respectively. The Company has established a non-qualified deferred compensation plan available for certain key employees. Under this self-funding plan, the participants may defer up to 50% of their base salary and up to 80% of their bonus compensation. The participants direct the investment of their deferred compensation within several investment funds. The Company is not required to contribute and did not contribute to this plan during 2025, 2024 and 2023. The Company has an employee stock payroll deduction plan (the “ESPDP”). Under the ESPDP, eligible employees may deduct up to 15% of their eligible wages to purchase common stock at 85% of the market price of the stock on the purchase date. The ESPDP requires employees to hold their purchased common stock for at least one year. The Company purchases common stock on the open market for the ESPDP at the current market price. There were 17,487 shares, 15,935 shares and 18,439 shares of common stock in 2025, 2024 and 2023, respectively, purchased on the open market for participating employees at a weighted-average price of $456.21 in 2025, $450.59 in 2024 and $341.76 in 2023. The expenses incurred under the ESPDP were $1.2 million, $1.0 million, and $0.9 million in 2025, 2024 and 2023, respectively.

(2)Earnings per Share The computation of basic and diluted earnings per common share for 2025, 2024 and 2023 is as follows: 2025 2024 2023 Net income available to common stockholders – basic and diluted $ 601,704 $ 584,170 $ 519,118 Weighted average number of common shares 34,007,071 34,707,298 35,081,779 Earnings per common share – basic $ 17.69 $ 16.83 $ 14.80 Diluted weighted average number of common shares 34,237,646 34,991,484 35,401,313 Earnings per common share – diluted $ 17.57 $ 16.69 $ 14.