B&G Foods, Inc. (BGS) Income Statement
BGS 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsBGS revenue and net income
Where BGS's revenue goes
2025Each bar shows an amount and its share of revenue. BGS kept −2.4% of revenue as net income.
BGS profit margins
BGS growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −5.4% | −5.4% | −1.5% | +6.6% |
| Gross profit | −5.5% | −0.9% | −3.7% | +3.3% |
| Operating income | — | −0.5% | −18.9% | −5.6% |
| Net income | — | — | — | — |
| EPS (diluted) | −27.1% | −23.1% | −25.8% | −10.5% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BGS quarterly EPS vs estimates
B&G Foods beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.15).
BGS income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.83B | $1.93B | $2.06B | $2.16B | $2.06B | $1.97B | $1.66B | $1.70B | $1.65B | $1.37B |
| Cost of revenue | $1.43B | $1.51B | $1.61B | $1.75B | $1.62B | $1.49B | $1.28B | $1.35B | $1.21B | $943.3M |
| Gross profit | $398.8M | $421.9M | $455.5M | $409.6M | $437.0M | $481.7M | $383.1M | $349.5M | $440.6M | $429.0M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $194.9M | $189.3M | $196.9M | $190.4M | $196.2M | $186.2M | $160.7M | $151.5M | $205.2M | $174.8M |
| Total operating expenses | $301.7M | $599.2M | $375.1M | $311.0M | $240.9M | $205.3M | $179.3M | $9.3M | $202.7M | $176.2M |
| Operating income | $97.1M | −$177.3M | $80.4M | $98.6M | $196.1M | $276.4M | $203.8M | $340.2M | $237.9M | $252.8M |
| Interest income | $152.5M | $157.4M | $151.3M | $124.9M | $106.9M | $101.6M | $98.1M | $108.3M | $91.8M | $74.5M |
| Interest expense | $149.6M | $157.4M | $151.3M | $124.9M | $106.9M | $101.6M | $98.1M | $108.3M | $91.8M | $74.5M |
| Income before taxes | −$47.7M | −$330.5M | −$67.1M | −$18.9M | $93.7M | $177.4M | $105.7M | $222.3M | $148.1M | $177.1M |
| Income taxes | −$4.5M | −$79.3M | −$935,000 | −$7.5M | $26.3M | $45.4M | $29.3M | $49.8M | −$69.4M | $67.6M |
| Net income | −$43.3M | −$251.3M | −$66.2M | −$11.4M | $67.4M | $132.0M | $76.4M | $172.4M | $217.5M | $109.4M |
| EBITDA | $188.3M | −$85.1M | $172.6M | $203.4M | $297.4M | $354.7M | $273.9M | $384.2M | $289.0M | $288.8M |
| EPS (diluted) | $0.51 | $0.70 | $0.99 | $1.12 | $1.87 | $2.26 | $1.64 | $1.84 | $2.11 | $2.07 |
| Gross margin | 21.8% | 21.8% | 22.1% | 18.9% | 21.3% | 24.5% | 23.1% | 20.5% | 26.8% | 31.3% |
| Operating margin | 5.3% | −9.2% | 3.9% | 4.6% | 9.5% | 14.0% | 12.3% | 20.0% | 14.5% | 18.4% |
| Net margin | −2.4% | −13.0% | −3.2% | −0.5% | 3.3% | 6.7% | 4.6% | 10.1% | 13.2% | 8.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $383.3M | $408.9M | $539.6M | $439.3M | $424.4M | $425.4M | $551.6M | $461.1M | $444.6M | $475.2M | $578.1M | $502.7M |
| Cost of revenue | $303.6M | $329.0M | $416.8M | $340.3M | $337.4M | $335.3M | $432.9M | $358.7M | $352.6M | $366.3M | $453.0M | $388.9M |
| Gross profit | $79.6M | $79.9M | $122.7M | $99.0M | $87.0M | $90.1M | $118.7M | $102.3M | $92.0M | $108.9M | $125.2M | $113.8M |
| Sales, general & admin | $40.6M | $50.2M | $54.0M | $44.6M | $47.2M | $49.1M | $50.3M | $46.0M | $43.1M | $48.6M | $51.1M | $48.2M |
| Total operating expenses | $45.1M | $90.8M | $94.5M | $88.0M | $65.0M | $54.2M | $375.5M | $51.1M | $48.2M | $124.4M | $83.6M | $186.3M |
| Operating income | $34.6M | −$11.0M | $28.2M | $11.0M | $22.0M | $35.8M | −$256.8M | $51.2M | $43.8M | −$15.6M | $41.5M | −$72.5M |
| Interest income | — | — | $38.8M | $37.3M | $35.8M | $37.8M | $39.6M | $42.2M | — | — | — | $35.9M |
| Interest expense | $38.5M | $35.8M | $38.8M | $37.3M | $35.8M | $37.8M | $39.6M | $42.2M | $37.8M | $37.8M | $39.4M | $35.9M |
| Income before taxes | −$2.4M | −$45.3M | −$9.4M | −$25.1M | −$12.6M | −$765,000 | −$295.3M | $10.1M | $7.0M | −$52.3M | $2.3M | −$107.4M |
| Income taxes | $1.6M | −$12.7M | $5.8M | −$5.9M | −$2.8M | −$1.6M | −$72.9M | $2.7M | $3.1M | −$12.1M | −$288,000 | −$24.7M |
| Net income | −$4.0M | −$32.5M | −$15.2M | −$19.1M | −$9.8M | $835,000 | −$222.4M | $7.5M | $3.9M | −$40.2M | $2.6M | −$82.7M |
| EBITDA | $54.7M | $5.5M | $50.7M | $33.9M | $44.9M | $58.8M | −$233.8M | $74.4M | $66.7M | $7.7M | $64.2M | −$49.8M |
| EPS (diluted) | $0.06 | −$0.41 | $0.28 | $0.15 | $0.04 | $0.04 | $0.31 | $0.13 | $0.08 | $0.18 | $0.30 | $0.27 |
| Gross margin | 20.8% | 19.5% | 22.7% | 22.5% | 20.5% | 21.2% | 21.5% | 22.2% | 20.7% | 22.9% | 21.7% | 22.6% |
| Operating margin | 9.0% | −2.7% | 5.2% | 2.5% | 5.2% | 8.4% | −46.6% | 11.1% | 9.9% | −3.3% | 7.2% | −14.4% |
| Net margin | −1.0% | −8.0% | −2.8% | −4.4% | −2.3% | 0.2% | −40.3% | 1.6% | 0.9% | −8.5% | 0.4% | −16.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BGS's financial statements (latest annual report filed March 3, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BGS financial results
In fiscal year 2025 (ended December 31, 2025), B&G Foods reported revenue of $1.8 billion, down 5.4% from the year before. It had a net loss of $43.3 million, a net profit margin of −2.4%. Diluted earnings per share came to $0.51. Over five years revenue grew at an average rate of −1.5% a year.
See the BGS stock overview for the latest quote and news, or the BGS chart for price history and technical indicators.
BGS income statement FAQ
What is B&G Foods's annual revenue?
B&G Foods reported total revenue of $1.8 billion for fiscal year 2025, which ended on December 31, 2025. That was down 5.4% from $1.9 billion the previous year.
Is B&G Foods profitable?
No. B&G Foods reported a net loss of $43.3 million in fiscal 2025, a net profit margin of −2.4%; its operating margin was 5.3%.
What is B&G Foods's gross margin?
B&G Foods's gross margin was 21.8% in fiscal 2025: for every $100 of revenue, B&G Foods kept $22 after the direct cost of its products and services.
How fast is B&G Foods growing?
Revenue grew −1.5% a year on average over the last five fiscal years, from $2.0 billion to $1.8 billion.
What are B&G Foods's earnings per share?
B&G Foods earned $0.51 per diluted share in fiscal 2025, compared with $0.70 a year earlier.
When will B&G Foods report its next earnings?
B&G Foods is expected to report results for the quarter ending September 30, 2026 on November 4, 2026.
When does B&G Foods's fiscal year end?
B&G Foods's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 3, 2026.