Sprouts Farmers Market, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.81B | $7.72B | $6.84B | $6.10B | $6.47B | $5.63B | $5.21B | $4.66B |
| Cost of Revenue | $5.39B | $4.78B | $4.32B | $3.89B | $4.09B | $3.74B | $3.46B | $3.10B |
| Gross Profit | $3.42B | $2.94B | $2.52B | $2.21B | $2.38B | $1.89B | $1.75B | $1.57B |
| Gross Margin | 38.8% | 38.1% | 36.9% | 36.2% | 36.8% | 33.6% | 33.6% | 33.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $2.57B | $2.29B | $2.00B | $1.75B | $1.86B | $1.55B | $1.40B | $1.25B |
| Operating Income | $686.2M | $504.5M | $350.2M | $334.1M | $391.7M | $217.4M | $222.9M | $226.1M |
| Operating Margin | 7.8% | 6.5% | 5.1% | 5.5% | 6.1% | 3.9% | 4.3% | 4.8% |
| Interest Expense | — | — | — | — | — | — | $27.4M | $21.2M |
| Pretax Income | $688.8M | $506.7M | $343.7M | $322.4M | $376.9M | $196.2M | $195.8M | $205.5M |
| Income Tax Expense | $165.1M | $126.1M | $84.9M | $78.2M | $89.4M | $46.5M | $37.3M | $47.1M |
| Net Income | $523.7M | $380.6M | $258.9M | $244.2M | $287.5M | $149.6M | $158.5M | $158.4M |
| Net Margin | 5.9% | 4.9% | 3.8% | 4.0% | 4.4% | 2.7% | 3.0% | 3.4% |
| EPS (Basic) | $5.36 | $3.79 | $2.53 | $2.12 | $2.44 | $1.25 | $1.23 | $1.17 |
| EPS (Diluted) | $5.31 | $3.75 | $2.50 | $2.10 | $2.43 | $1.25 | $1.22 | $1.15 |
| Shares Outstanding (Basic) | 97.7M | 100.4M | 102.5M | 115.4M | 117.8M | 119.4M | 128.8M | 135.2M |
| Shares Outstanding (Diluted) | 98.7M | 101.4M | 103.4M | 116.1M | 118.2M | 119.7M | 129.8M | 137.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |