Utz Brands, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|
| Revenue | $1.44B | $1.41B | $1.44B | $1.18B | $768.2M | $772.0M |
| Cost of Revenue | $1.08B | $1.04B | $1.09B | $796.8M | $514.4M | $505.3M |
| Gross Profit | $358.3M | $369.1M | $350.8M | $383.9M | $253.8M | $266.7M |
| Gross Margin | 24.9% | 26.2% | 24.4% | 32.5% | 33.0% | 34.5% |
| Operating Expenses | ||||||
| Research & Development | — | — | — | — | — | — |
| SG&A Expense | $348.0M | $310.1M | $327.4M | $375.2M | $998.2K | $251.4M |
| Operating Income | $19.5M | $58.9M | $16.0M | $10.6M | $-998.2K | $19.4M |
| Operating Margin | 1.4% | 4.2% | 1.1% | 0.9% | -0.1% | 2.5% |
| Interest Expense | $43.1M | $44.9M | $60.6M | $34.7M | $48.4M | $45.7M |
| Pretax Income | $-600.0K | $69.4M | $-39.2M | $16.1M | $-10.2M | $-25.7M |
| Income Tax Expense | $7.1M | $38.7M | $800.0K | $8.1M | $3.1M | $1.9M |
| Net Income | $800.0K | $15.9M | $-24.9M | $20.6M | $8.0M | $-30.5M |
| Net Margin | 0.1% | 1.1% | -1.7% | 1.7% | 1.0% | -4.0% |
| EPS (Basic) | $0.01 | $0.19 | $-0.31 | $0.26 | — | — |
| EPS (Diluted) | $0.01 | $0.19 | $-0.31 | $0.25 | — | — |
| Shares Outstanding (Basic) | 86.6M | 82.1M | 81.1M | 76.7M | — | — |
| Shares Outstanding (Diluted) | 87.8M | 85.4M | 81.1M | 81.1M | — | — |
| Dividends Per Share | — | — | — | — | — | — |