v3.26.1
Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 2025
EBP 001  
EBP, Investment, Fair Value and NAV [Line Items]  
Investments Measured at Fair Value on Recurring Basis
The Plan’s investments measured at fair value on a recurring basis as of December 31, 2025 and 2024 are as follows:
December 31, 2025
Fair Value Measurements
Level 1Level 2Level 3Total
Papa John's International, Inc. common stock$1,442,629 $— $— $1,442,629 
Mutual funds112,875,981 — — 112,875,981 
Total assets in fair value hierarchy$114,318,610 $— $— 114,318,610 
Investments measured at NAV (a)
17,483,633 
Investments at fair value$131,802,243 
December 31, 2024
Fair Value Measurements
Level 1Level 2Level 3
Papa John's International, Inc. common stock$1,574,475 $— $— $1,574,475 
Mutual funds92,728,378 — — 92,728,378 
Total assets in fair value hierarchy$94,302,853 $— $— 94,302,853 
Investments measured at NAV (a)
17,405,254 
Investments at fair value$111,708,107 
(a)    Includes pooled separate accounts and a collective trust fund which are measured using NAV as a practical expedient and are not classified in the fair value hierarchy. The fair value amounts presented in this table are shown for the purpose of reconciling to the Statements of Net Assets Available for Benefits.