Ingles Markets, Incorporated (IMKTA) Income Statement
IMKTA FY2025 at a glance
Fiscal year ended September 30, 2025 · U.S. dollarsIMKTA revenue and net income
Where IMKTA's revenue goes
FY2025Each bar shows an amount and its share of revenue. IMKTA kept 1.6% of revenue as net income.
IMKTA profit margins
IMKTA growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −5.4% | −2.1% | +3.0% | +3.5% |
| Gross profit | −2.0% | −3.5% | +1.2% | +3.6% |
| Operating income | −20.1% | −32.2% | −16.0% | −1.7% |
| Net income | −20.8% | −32.6% | −14.1% | +3.5% |
| EPS (diluted) | −20.2% | −30.0% | −12.9% | +4.5% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
IMKTA quarterly EPS vs estimates
Ingles Markets beat the analyst EPS estimate in 3 of the last 3 quarters. Next report: November 25, 2026.
IMKTA income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.33B | $5.64B | $5.89B | $5.68B | $4.99B | $4.61B | $4.20B | $4.09B | $4.00B | $3.79B |
| Cost of revenue | $4.06B | $4.34B | $4.49B | $4.26B | $3.68B | $3.41B | $3.18B | $3.11B | $3.04B | $2.87B |
| Gross profit | $1.27B | $1.30B | $1.40B | $1.42B | $1.30B | $1.20B | $1.02B | $980.2M | $963.6M | $924.4M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $1.16B | $1.16B | $1.13B | $31.7M | $29.7M | $921.7M | $873.9M | $856.1M | $837.1M | $794.6M |
| Total operating expenses | $1.16B | $1.15B | $1.11B | $1.04B | $953.4M | $917.3M | $869.8M | $855.3M | $835.7M | $795.8M |
| Operating income | $117.6M | $147.1M | $292.3M | $376.9M | $350.1M | $280.9M | $152.2M | $124.8M | $127.9M | $128.6M |
| Interest income | — | — | — | — | — | — | — | — | $47.5M | — |
| Interest expense | $19.7M | $21.9M | $22.1M | $21.5M | $24.3M | $40.5M | $47.4M | $47.6M | $47.5M | $46.3M |
| Income before taxes | $109.9M | $139.5M | $278.5M | $361.3M | $327.6M | $235.0M | $106.6M | $80.3M | $84.3M | $84.6M |
| Income taxes | $26.3M | $34.0M | $67.7M | $88.5M | $77.9M | $56.4M | $25.0M | −$17.0M | $30.4M | $30.4M |
| Net income | $83.6M | $105.5M | $210.8M | $272.8M | $249.7M | $178.6M | $81.6M | $97.4M | $53.9M | $54.2M |
| EBITDA | $252.5M | $283.0M | $416.6M | $500.6M | $469.1M | $391.9M | $266.5M | $241.0M | $242.6M | $237.6M |
| EPS (diluted) | $4.43 | $5.55 | $11.15 | $12.92 | $12.05 | $8.82 | $4.03 | $5.83 | $2.66 | $2.73 |
| Gross margin | 23.9% | 23.0% | 23.8% | 24.9% | 26.1% | 26.0% | 24.3% | 23.9% | 24.1% | 24.4% |
| Operating margin | 2.2% | 2.6% | 5.0% | 6.6% | 7.0% | 6.1% | 3.6% | 3.0% | 3.2% | 3.4% |
| Net margin | 1.6% | 1.9% | 3.6% | 4.8% | 5.0% | 3.9% | 1.9% | 2.4% | 1.3% | 1.4% |
| 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 | $1.37B | $1.31B | $1.37B | $1.37B | $1.35B | $1.33B | $1.29B | $1.40B | $1.39B | $1.37B | $1.48B | $1.58B |
| Cost of revenue | $1.04B | $982.6M | $1.04B | $1.03B | $1.02B | $1.02B | $987.0M | $1.10B | $1.06B | $1.05B | $1.13B | $1.22B |
| Gross profit | $332.4M | $325.3M | $334.6M | $334.7M | $327.3M | $311.0M | $301.1M | $299.4M | $329.8M | $321.9M | $348.8M | $369.7M |
| Sales, general & admin | $298.0M | $291.2M | $295.4M | $299.0M | $290.1M | $289.1M | $280.7M | $301.0M | $286.3M | $284.8M | $289.8M | $299.4M |
| Total operating expenses | $298.0M | $290.8M | $295.4M | $299.7M | $290.0M | $289.3M | $280.7M | $300.8M | $285.6M | $277.1M | $289.2M | $298.1M |
| Operating income | $34.5M | $34.5M | $39.1M | $35.0M | $37.3M | $21.6M | $23.6M | −$1.4M | $44.2M | $44.8M | $59.6M | $71.6M |
| Interest expense | $4.5M | $4.5M | $4.6M | $5.0M | $4.9M | $4.9M | $5.0M | $5.2M | $5.4M | $5.6M | $5.7M | $5.9M |
| Income before taxes | $33.0M | $32.7M | $37.4M | $33.2M | $35.3M | $19.6M | $21.9M | −$3.0M | $42.3M | $42.6M | $57.5M | $68.6M |
| Income taxes | $7.1M | $8.5M | $9.3M | $7.5M | $9.1M | $4.5M | $5.3M | −$1.5M | $10.6M | $10.7M | $14.1M | $16.0M |
| Net income | $25.9M | $24.3M | $28.1M | $25.7M | $26.2M | $15.1M | $16.6M | −$1.5M | $31.7M | $31.9M | $43.4M | $52.6M |
| EBITDA | $67.6M | $67.3M | $72.3M | $68.9M | $70.8M | $55.1M | $57.8M | $36.3M | $77.2M | $77.4M | $92.0M | $103.7M |
| EPS (diluted) | $1.36 | $1.28 | $1.38 | $1.38 | $1.38 | $0.80 | $0.87 | −$0.08 | $1.67 | $1.68 | $2.28 | $2.83 |
| Gross margin | 24.3% | 24.9% | 24.4% | 24.5% | 24.3% | 23.4% | 23.4% | 21.4% | 23.7% | 23.5% | 23.6% | 23.3% |
| Operating margin | 2.5% | 2.6% | 2.9% | 2.6% | 2.8% | 1.6% | 1.8% | −0.1% | 3.2% | 3.3% | 4.0% | 4.5% |
| Net margin | 1.9% | 1.9% | 2.0% | 1.9% | 1.9% | 1.1% | 1.3% | −0.1% | 2.3% | 2.3% | 2.9% | 3.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in IMKTA's financial statements (latest annual report filed November 26, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
IMKTA financial results
In fiscal year 2025 (ended September 30, 2025), Ingles Markets reported revenue of $5.3 billion, down 5.4% from the year before. It had net income of $83.6 million (down 20.8%), a net profit margin of 1.6%. Diluted earnings per share came to $4.43. Over five years revenue grew at an average rate of 3.0% a year.
See the IMKTA stock overview for the latest quote and news, or the IMKTA chart for price history and technical indicators.
IMKTA income statement FAQ
What is Ingles Markets's annual revenue?
Ingles Markets reported total revenue of $5.3 billion for fiscal year 2025, which ended on September 30, 2025. That was down 5.4% from $5.6 billion the previous year.
Is Ingles Markets profitable?
Yes. Ingles Markets reported net income of $83.6 million in fiscal 2025, a net profit margin of 1.6%; its operating margin was 2.2%.
What is Ingles Markets's gross margin?
Ingles Markets's gross margin was 23.9% in fiscal 2025: for every $100 of revenue, Ingles Markets kept $24 after the direct cost of its products and services.
How fast is Ingles Markets growing?
Revenue grew 3.0% a year on average over the last five fiscal years, from $4.6 billion to $5.3 billion.
What are Ingles Markets's earnings per share?
Ingles Markets earned $4.43 per diluted share in fiscal 2025, compared with $5.55 a year earlier.
When will Ingles Markets report its next earnings?
Ingles Markets is expected to report results for the quarter ending September 30, 2026 on November 25, 2026 before the market opens.
When does Ingles Markets's fiscal year end?
Ingles Markets's fiscal year ends in September. The latest annual report covers the year ended September 30, 2025 and was filed on November 26, 2025.