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Revenue

12 Months Ended

Dec. 31, 2024

Revenue

Revenue

(3) Revenue

The following table disaggregates our revenue by major source:

​

​	​	​	​	​	​	​	​	​	​
​	​	Fiscal Year Ended
​	​	December 31, 2024		​	December 26, 2023		​	December 27, 2022
Restaurant and other sales	​	$	5,341,853	​	$	4,604,554	​	$	3,988,791
Franchise royalties	​	​	28,342	​	​	24,169	​	​	23,058
Franchise fees	​	​	3,137	​	​	2,949	​	​	3,070
Total revenue	​	$	5,373,332	​	$	4,631,672	​	$	4,014,919

​

The following table presents a rollforward of deferred revenue-gift cards:

​

​	​	​	​	​	​	​
​	​	Fiscal Year Ended
​	​	December 31, 2024		​	December 26, 2023
Beginning balance	​	$	373,913	​	$	335,403
Gift card activations, net of third-party fees	​	​	479,244	​	​	420,047
Gift card redemptions and breakage	​	​	(451,959)	​	​	(381,537)
Ending balance	​	$	401,198	​	$	373,913

​

We recognized restaurant sales of $234.0 million for the year ended December 31, 2024 related to amounts in deferred revenue as of December 26, 2023. We recognized restaurant sales of $209.2 million for the year ended December 26, 2023 related to amounts in deferred revenue as of December 27, 2022.

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The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

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