Grocery Outlet Holding Corp.
Income Statement
| Line Item | FY2026 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.69B | $4.37B | $3.97B | $3.58B | $3.13B | $2.56B | $2.29B | $2.08B |
| Cost of Revenue | $3.27B | $3.05B | $2.73B | $2.49B | $2.16B | $1.77B | $1.59B | $1.44B |
| Gross Profit | $1.42B | $1.32B | $1.24B | $1.09B | $973.3M | $787.1M | $695.4M | $631.9M |
| Gross Margin | 30.3% | 30.2% | 31.3% | 30.5% | 31.1% | 30.8% | 30.4% | 30.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.33B | $1.23B | $1.12B | $997.1M | $772.4M | $639.4M | $557.1M | $510.1M |
| Operating Income | $-221.7M | $78.3M | $125.8M | $95.0M | $107.4M | $68.3M | $82.5M | $76.9M |
| Operating Margin | -4.7% | 1.8% | 3.2% | 2.7% | 3.4% | 2.7% | 3.6% | 3.7% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-249.2M | $56.2M | $104.1M | $75.7M | $87.1M | $16.8M | $21.9M | $25.8M |
| Income Tax Expense | $-24.3M | $16.7M | $24.6M | $10.7M | $-19.6M | $1.4M | $6.0M | $5.2M |
| Net Income | $-224.9M | $39.5M | $79.4M | $65.1M | $106.7M | $15.4M | $15.9M | $20.6M |
| Net Margin | -4.8% | 0.9% | 2.0% | 1.8% | 3.4% | 0.6% | 0.7% | 1.0% |
| EPS (Basic) | $-2.30 | $0.40 | $0.80 | $0.67 | $1.16 | $0.20 | $0.24 | $0.30 |
| EPS (Diluted) | $-2.30 | $0.40 | $0.79 | $0.65 | $1.08 | $0.19 | $0.23 | $0.30 |
| Shares Outstanding (Basic) | 98.0M | 98.7M | 98.7M | 96.8M | 91.8M | 79.0M | 68.5M | 68.2M |
| Shares Outstanding (Diluted) | 98.0M | 99.6M | 100.8M | 100.2M | 98.5M | 81.9M | 68.5M | 68.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |