Jersey Mike’s Subs IPO: revenue, losses and offering terms from its S-1
Jersey Mike’s Subs priced its IPO at $23 a share on 31 Jul 2026 and raised $1.0 billion. Its shares trade on NYSE as JMKE. Revenue was $724 million in 2025, up 11% from 2024, with a net loss of $31.0 million.
Headlines
- Revenue, 2025
- $724M
- Up 11% on the year before
- Net loss, 2025
- $31M
- Revenue, thirteen weeks ended March 29, 2026
- $185M
- Up 33% on a year earlier
- IPO price
- $23
- $1.0B raised
Jersey Mike’s Subs IPO terms
From the final prospectus (424B4).
- Exchange
- New York Stock Exchange
- Ticker
- JMKE
- IPO price
- $23
- Shares offered
- 43,478,261
- Raised
- $1.0B
- Registered
- $1.4B, the amount the filing fee is paid on
- Underwriters
- Morgan Stanley, Jefferies and J.P. Morgan
- First filed
- 2 Jul 2026
Jersey Mike’s Subs revenue and profit
| Period | Revenue | Operating income | Net income |
|---|---|---|---|
| 2024 | $653M | - | $5M |
| 2025 | $724M | $75M | -$31M |
| thirteen weeks ended March 29, 2026 | $185M | $4M | -$30M |
Jersey Mike’s Subs share structure and company facts
- Share classes and votes
- Class A: 1 vote, Class B: 1 vote
- Headquarters
- Tinton Falls, NJ
Jersey Mike’s Subs shares since the IPO
Latest close 26 Oct 2026
- IPO price
- $23
- Priced 31 Jul 2026
- First close
- $23.00
- 0% on the IPO price
- Latest close
- $16.91
- -26% on the IPO price
Jersey Mike’s Subs's IPO filings
The registration statement, each amendment and the final prospectus, oldest first.
About the data
- Terms and financials are read from Jersey Mike’s Subs's newest prospectus (424B4 filed 31 Jul 2026) by a Kadoa workflow. Check figures that matter against the filing.
- Registered is the amount the filing fee is paid on, often a placeholder before the price range is set.
- Raised is the IPO price times the shares sold, without the underwriters' option. Trading compares the first and latest close with the IPO price.