Sprouts Farmers Market Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
Revenue	8,806	7,719	6,837	6,404	6,100
Revenue Growth (YoY)	14.08%	12.90%	6.76%	4.99%	-5.70%
Cost of Revenue	5,369	4,757	4,297	4,043	3,880
Gross Profit	3,437	2,962	2,540	2,361	2,220
Selling, General & Admin	2,595	2,312	2,019	1,868	1,759
Other Operating Expenses	5.58	-15.31	8.73	2.96	-0.09
Operating Expenses	2,751	2,429	2,153	1,995	1,881
Operating Income	686.16	532.7	386.68	366.43	338.84
Interest Expense	-2.66	-5.78	-6.49	-9.05	-11.68
Interest & Investment Income	5.29	7.98	-	-	-
EBT Excluding Unusual Items	688.78	534.9	380.19	357.38	327.15
Merger & Restructuring Charges	-	-27.8	-5.9	-	-
Asset Writedown	-	-0.41	-30.55	-8.07	-4.76
Pretax Income	688.78	506.7	343.74	349.31	322.39
Income Tax Expense	165.11	126.1	84.88	88.15	78.24
Net Income	523.67	380.6	258.86	261.16	244.16
Net Income to Common	523.67	380.6	258.86	261.16	244.16
Net Income Growth	37.59%	47.03%	-0.88%	6.97%	-15.06%
Shares Outstanding (Basic)	98	100	102	108	115
Shares Outstanding (Diluted)	99	101	103	109	116
Shares Change (YoY)	-2.64%	-1.94%	-5.27%	-5.98%	-1.82%
EPS (Basic)	5.36	3.79	2.53	2.41	2.12
EPS (Diluted)	5.31	3.75	2.50	2.39	2.10
EPS Growth	41.60%	50.00%	4.60%	13.81%	-13.58%
Free Cash Flow	467.73	414.84	239.76	247.32	262.42
Free Cash Flow Per Share	4.74	4.09	2.32	2.27	2.26
Gross Margin	39.03%	38.37%	37.15%	36.87%	36.39%
Operating Margin	7.79%	6.90%	5.66%	5.72%	5.56%
Profit Margin	5.95%	4.93%	3.79%	4.08%	4.00%
Free Cash Flow Margin	5.31%	5.37%	3.51%	3.86%	4.30%
EBITDA	843.88	672.87	518.59	493.49	464.38
EBITDA Margin	9.58%	8.72%	7.58%	7.71%	7.61%
D&A For EBITDA	157.72	140.16	131.91	127.07	125.54
EBIT	686.16	532.7	386.68	366.43	338.84
EBIT Margin	7.79%	6.90%	5.66%	5.72%	5.56%
Effective Tax Rate	23.97%	24.89%	24.69%	25.24%	24.27%
Advertising Expenses	52.5	46.8	45.8	49.2	45.9

Source: S&P Global Market Intelligence. Standard template. Financial Sources.