Sprouts Farmers Market, Inc. (SFM) Income Statement
SFM 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSFM revenue and net income
Where SFM's revenue goes
2025Each bar shows an amount and its share of revenue. SFM kept 5.9% of revenue as net income.
SFM profit margins
SFM growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +14.1% | +11.2% | +6.4% | +9.4% |
| Gross profit | +10.3% | +11.4% | +6.5% | +12.0% |
| Operating income | +37.0% | +24.5% | +12.0% | +11.7% |
| Net income | +37.6% | +26.1% | +12.7% | +15.0% |
| EPS (diluted) | +41.0% | +30.4% | +16.5% | +20.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SFM quarterly EPS vs estimates
Sprouts Farmers Market beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: October 28, 2026 (estimate $1.22).
SFM income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.81B | $7.72B | $6.84B | $6.40B | $6.10B | $6.47B | $5.63B | $5.21B | $4.66B | $4.05B |
| Cost of revenue | $5.54B | $4.76B | $4.30B | $4.04B | $3.88B | $4.08B | $3.73B | $3.46B | $3.10B | $2.68B |
| Gross profit | $3.27B | $2.96B | $2.54B | $2.36B | $2.22B | $2.39B | $1.90B | $1.75B | $1.57B | $1.36B |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $2.57B | $2.31B | $2.02B | $1.87B | $1.76B | $1.87B | $1.56B | $1.40B | $1.25B | $1.07B |
| Total operating expenses | $2.58B | $2.46B | $2.19B | $2.00B | $1.89B | $2.00B | $1.69B | $1.52B | $1.34B | $1.15B |
| Operating income | $691.1M | $504.5M | $350.2M | $358.4M | $334.1M | $391.7M | $217.4M | $222.9M | $226.1M | $212.9M |
| Interest income | $5.3M | $8.0M | $6.9M | $535,000 | — | — | — | — | $21.2M | — |
| Interest expense | $2.7M | $5.8M | $6.5M | $11.1M | $17.5M | $19.1M | $20.9M | $27.8M | $21.2M | $14.8M |
| Income before taxes | $688.8M | $506.7M | $343.7M | $349.3M | $322.4M | $376.9M | $196.2M | $195.8M | $205.5M | $198.6M |
| Income taxes | $165.1M | $126.1M | $84.9M | $88.1M | $78.2M | $89.4M | $46.5M | $37.3M | $47.1M | $74.3M |
| Net income | $523.7M | $380.6M | $258.9M | $261.2M | $244.2M | $287.4M | $149.6M | $158.5M | $158.4M | $124.3M |
| EBITDA | $995.8M | $779.0M | $651.7M | $610.8M | $572.9M | $617.4M | $426.1M | $345.3M | $323.8M | $296.7M |
| EPS (diluted) | $5.30 | $3.76 | $2.82 | $2.39 | $2.10 | $2.47 | $1.25 | $1.30 | $1.01 | $0.84 |
| Gross margin | 37.1% | 38.4% | 37.1% | 36.9% | 36.4% | 36.9% | 33.8% | 33.6% | 33.6% | 33.7% |
| Operating margin | 7.8% | 6.5% | 5.1% | 5.6% | 5.5% | 6.1% | 3.9% | 4.3% | 4.8% | 5.3% |
| Net margin | 5.9% | 4.9% | 3.8% | 4.1% | 4.0% | 4.4% | 2.7% | 3.0% | 3.4% | 3.1% |
| 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 | $2.33B | $2.33B | $2.15B | $2.20B | $2.22B | $2.24B | $2.00B | $1.95B | $1.89B | $1.88B | $1.70B | $1.71B |
| Cost of revenue | $1.43B | $1.45B | $1.37B | $1.39B | $1.39B | $1.39B | $1.22B | $1.20B | $1.18B | $1.16B | $1.06B | $1.09B |
| Gross profit | $900.6M | $875.2M | $777.0M | $812.2M | $826.0M | $851.3M | $780.2M | $740.9M | $718.4M | $722.3M | $638.6M | $625.4M |
| Sales, general & admin | $682.6M | $658.8M | $653.0M | $653.3M | $645.1M | $623.2M | $635.2M | $580.3M | $556.4M | $539.8M | $531.7M | $502.8M |
| Total operating expenses | $725.7M | $658.8M | $653.0M | $653.3M | $645.1M | $623.2M | $673.7M | $618.5M | $591.0M | $574.0M | $569.1M | $537.8M |
| Operating income | $174.2M | $216.5M | $124.0M | $158.9M | $180.9M | $228.0M | $106.5M | $122.5M | $127.3M | $148.3M | $69.4M | $87.7M |
| Interest income | $497,000 | $720,000 | $1.2M | $1.6M | $1.0M | $1.5M | $2.4M | $1.6M | $2.2M | $1.8M | $2.3M | $1.4M |
| Interest expense | $68,000 | $591,000 | $593,000 | $911,000 | $576,000 | $579,000 | $579,000 | $584,000 | $2.0M | $818,000 | $433,000 | $1.7M |
| Income before taxes | $174.1M | $215.4M | $123.7M | $158.1M | $179.8M | $227.3M | $108.3M | $123.5M | $127.5M | $147.4M | $69.0M | $86.0M |
| Income taxes | $44.9M | $51.7M | $33.8M | $38.0M | $46.1M | $47.2M | $28.7M | $31.9M | $32.2M | $33.3M | $19.0M | $20.6M |
| Net income | $129.2M | $163.7M | $89.8M | $120.1M | $133.7M | $180.0M | $79.6M | $91.6M | $95.3M | $114.1M | $50.0M | $65.3M |
| EBITDA | $261.2M | $298.9M | $204.7M | $237.0M | $254.7M | $299.3M | $177.8M | $194.0M | $195.9M | $216.7M | $139.1M | $154.6M |
| EPS (diluted) | $1.37 | $1.71 | $0.92 | $1.22 | $1.35 | $1.81 | $0.79 | $0.91 | $0.94 | $1.12 | $0.49 | $0.64 |
| Gross margin | 38.7% | 37.6% | 36.2% | 36.9% | 37.2% | 38.1% | 39.1% | 38.1% | 37.9% | 38.3% | 37.6% | 36.5% |
| Operating margin | 7.5% | 9.3% | 5.8% | 7.2% | 8.1% | 10.2% | 5.3% | 6.3% | 6.7% | 7.9% | 4.1% | 5.1% |
| Net margin | 5.6% | 7.0% | 4.2% | 5.5% | 6.0% | 8.0% | 4.0% | 4.7% | 5.0% | 6.1% | 2.9% | 3.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SFM's financial statements (latest annual report filed February 19, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SFM financial results
In fiscal year 2025 (ended December 31, 2025), Sprouts Farmers Market reported revenue of $8.8 billion, up 14.1% from the year before. It had net income of $523.7 million (up 37.6%), a net profit margin of 5.9%. Diluted earnings per share came to $5.30. Over five years revenue grew at an average rate of 6.4% a year.
See the SFM stock overview for the latest quote and news, or the SFM chart for price history and technical indicators.
SFM income statement FAQ
What is Sprouts Farmers Market's annual revenue?
Sprouts Farmers Market reported total revenue of $8.8 billion for fiscal year 2025, which ended on December 31, 2025. That was up 14.1% from $7.7 billion the previous year.
Is Sprouts Farmers Market profitable?
Yes. Sprouts Farmers Market reported net income of $523.7 million in fiscal 2025, a net profit margin of 5.9%; its operating margin was 7.8%.
What is Sprouts Farmers Market's gross margin?
Sprouts Farmers Market's gross margin was 37.1% in fiscal 2025: for every $100 of revenue, Sprouts Farmers Market kept $37 after the direct cost of its products and services.
How fast is Sprouts Farmers Market growing?
Revenue grew 6.4% a year on average over the last five fiscal years, from $6.5 billion to $8.8 billion.
What are Sprouts Farmers Market's earnings per share?
Sprouts Farmers Market earned $5.30 per diluted share in fiscal 2025, compared with $3.76 a year earlier.
When will Sprouts Farmers Market report its next earnings?
Sprouts Farmers Market is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 after the market closes.
When does Sprouts Farmers Market's fiscal year end?
Sprouts Farmers Market's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 19, 2026.