Grocery Outlet Holding Corp (GO) financial statements: income statement, balance sheet and cash flow

Grocery Outlet Holding Corp's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Jan 3, 2026 · FY), Grocery Outlet Holding Corp reported revenue of $4.7B and net income of ($224.9M).

Income statement

Grocery Outlet Holding Corp income statement, fiscal years

Line item	Jan 3, 2026 · FY	Dec 28, 2024 · FY	Dec 30, 2023 · FY	Dec 31, 2022 · FY
Net sales	$4.7B	—	$4.0B	$3.6B
Cost of sales	$3.3B	—	$2.7B	$2.5B
Gross profit	$1.4B	—	$1.2B	$1.1B
Selling, general and administrative expenses	$1.3B	—	$1.1B	$889.3M
Impairment of long-lived assets	$113.8M	—	—	—
Restructuring charges	$45.9M	—	—	—
Goodwill impairment	$149.0M	—	—	—
Operating income (loss)	($221.7M)	—	$125.8M	$95.0M
Interest expense, net	$27.5M	—	$16.4M	$18.0M
Loss on debt extinguishment and modification	$0	—	$5.3M	$1.3M
Total other expenses	$27.5M	—	$21.7M	$19.2M
Income (loss) before income taxes	($249.2M)	—	$104.1M	$75.7M
Income tax expense (benefit)	($24.3M)	—	$24.6M	$10.7M
Net income (loss)	($224.9M)	—	$79.4M	$65.1M
Comprehensive income (loss)	($224.9M)	—	$79.4M	$65.1M
Basic earnings (net loss) per share (in usd per share)	-$2.30	—	$0.80	$0.67
Diluted earnings (net loss) per share (in usd per share)	-$2.30	—	$0.79	$0.65
Basic (in shares)	98.0M	—	98.7M	96.8M
Diluted (in shares)	98.0M	—	100.8M	100.2M

Grocery Outlet Holding Corp income statement, quarters

Line item	Jul 4, 2026 · Q2	Apr 4, 2026 · Q1	Sep 27, 2025 · Q3	Jun 28, 2025 · Q2
Net sales	$1.2B	$1.2B	$1.2B	$1.2B
Cost of sales	$832.0M	$821.2M	$813.0M	$819.1M
Gross profit	$360.7M	$345.2M	$355.1M	$360.7M
Selling, general and administrative expenses	$339.5M	$347.0M	$331.0M	$336.8M
Restructuring charges, net	$5.4M	$18.2M	$1.3M	$11.2M
Goodwill impairment	$0	$158.0M	—	—
Operating income (loss)	$15.8M	($178.0M)	$22.8M	$12.8M
Interest expense, net	$6.6M	$6.4M	$6.7M	$6.5M
Income (loss) before income taxes	$9.2M	($184.4M)	$16.1M	$6.2M
Income tax expense (benefit)	$3.6M	($4.1M)	$4.5M	$1.3M
Net income (loss) and comprehensive income (loss)	$5.6M	($180.3M)	$11.6M	$5.0M
Basic earnings (net loss) per share (in usd per share)	$0.06	-$1.83	$0.12	$0.05
Diluted earnings (net loss) per share (in usd per share)	$0.06	-$1.83	$0.12	$0.05
Basic (in shares)	99.0M	98.4M	98.2M	98.1M
Diluted (in shares)	99.8M	98.4M	98.7M	98.5M

Balance sheet

Grocery Outlet Holding Corp balance sheet, fiscal years

Line item	Jan 3, 2026 · FY	Dec 28, 2024 · FY	Dec 30, 2023 · FY	Dec 31, 2022 · FY
Cash and cash equivalents	$69.6M	$62.8M	$115.0M	$102.7M
Independent operator receivables and current portion of independent operator notes, net of allowance $12,253 and $5,770	$17.0M	$16.1M	$14.9M	$10.8M
Other accounts receivable, net of allowance $8 and $9	$3.7M	$4.2M	$4.2M	$4.4M
Merchandise inventories	$382.0M	$394.2M	$350.0M	$334.3M
Prepaid expenses and other current assets	$25.4M	$26.7M	$32.4M	$15.1M
Total current assets	$497.6M	$503.9M	$516.6M	$467.4M
Independent operator notes and receivables, net of allowance $15,291 and $12,709	$43.7M	$36.4M	$28.1M	$22.5M
Property and equipment, net	$743.0M	$750.4M	$642.5M	$560.7M
Operating lease right-of-use assets	$1.1B	$1.0B	$945.7M	$902.2M
Intangible assets, net	$78.4M	$78.8M	$78.6M	$64.0M
Goodwill, net	$633.8M	$782.7M	$747.9M	$747.9M
Other assets	$4.7M	$6.9M	$10.2M	$7.7M
Total assets	$3.1B	$3.2B	$3.0B	$2.8B
Trade accounts payable	$177.5M	$175.9M	$209.4M	$137.6M
Accrued and other current liabilities	$54.3M	$55.2M	$66.7M	$53.2M
Accrued compensation	$17.8M	$19.7M	$24.7M	$27.2M
Current portion of long-term debt	$15.0M	$15.0M	$5.6M	—
Current lease liabilities	$87.3M	$72.9M	$63.8M	$54.6M
Income and other taxes payable	$12.1M	$10.9M	$13.8M	$7.9M
Total current liabilities	$364.0M	$349.6M	$384.0M	$280.5M
Long-term debt, net	$477.9M	$462.5M	$287.1M	$379.6M
Deferred income tax liabilities, net	$33.2M	$56.2M	$38.6M	$19.8M
Long-term lease liabilities	$1.2B	$1.1B	$1.0B	$980.8M
Other long-term liabilities	$2.9M	$1.9M	$2.3M	$1.5M
Total liabilities	$2.1B	$2.0B	$1.8B	$1.7B
Common stock, par value $0.001 per share, 500,000,000 shares authorized; 98,153,086 and 97,262,557 shares issued and outstanding, respectively	$98000.00	$97000.00	$99000.00	$98000.00
Series A preferred stock, par value $0.001 per share, 50,000,000 shares authorized; no shares issued and outstanding	$0.00	$0.00	$0.00	$0.00
Additional paid-in capital	$827.0M	$815.9M	$877.3M	$847.6M
Retained earnings	$156.5M	$381.4M	$342.0M	$262.5M
Total stockholders' equity	$983.7M	$1.2B	$1.2B	$1.1B
Total liabilities and stockholders' equity	$3.1B	$3.2B	$3.0B	$2.8B

Grocery Outlet Holding Corp balance sheet, quarters

Line item	Jul 4, 2026	Apr 4, 2026	Sep 27, 2025	Jun 28, 2025
Cash and cash equivalents	$74.2M	$59.0M	$52.1M	$55.2M
Independent operator receivables and current portion of independent operator notes, net of allowance $15,761 and $12,253	$14.1M	$14.1M	$15.5M	$16.2M
Other accounts receivable, net of allowance $5 and $8	$2.4M	$3.5M	$3.6M	$4.5M
Merchandise inventories	$394.8M	$387.1M	$417.8M	$398.2M
Prepaid expenses and other current assets	$29.0M	$25.6M	$28.3M	$27.4M
Total current assets	$514.5M	$489.3M	$517.5M	$501.5M
Independent operator notes and receivables, net of allowance $15,216 and $15,291	$37.2M	$34.9M	$41.2M	$39.6M
Property and equipment, net	$773.4M	$755.6M	$818.1M	$806.7M
Operating lease right-of-use assets	$1.1B	$1.1B	$1.1B	$1.1B
Intangible assets, net	$71.6M	$75.8M	$80.1M	$80.7M
Goodwill, net	$475.8M	$475.8M	$782.8M	$782.8M
Other assets	$4.3M	$4.4M	$5.1M	$5.6M
Total assets	$3.0B	$3.0B	$3.4B	$3.3B
Trade accounts payable	$219.7M	$200.2M	$196.7M	$211.9M
Accrued and other current liabilities	$36.8M	$44.8M	$62.5M	$72.3M
Accrued compensation	$24.4M	$20.4M	$27.5M	$25.9M
Current portion of long-term debt	$15.0M	$15.0M	$18.8M	$18.8M
Current lease liabilities	$92.2M	$89.9M	$80.5M	$76.6M
Income and other taxes payable	$10.4M	$11.5M	$12.8M	$9.5M
Total current liabilities	$398.5M	$381.9M	$398.7M	$415.0M
Long-term debt, net	$490.6M	$474.3M	$481.5M	$455.2M
Deferred income tax liabilities, net	$32.5M	$29.0M	$56.6M	$51.5M
Long-term lease liabilities	$1.3B	$1.3B	$1.2B	$1.2B
Other long-term liabilities	$3.3M	$3.2M	$2.6M	$2.3M
Total liabilities	$2.2B	$2.2B	$2.2B	$2.1B
Common stock, par value $0.001 per share, 500,000,000 shares authorized; 99,084,492 and 98,153,086 shares issued and outstanding, respectively	$99000.00	$99000.00	$98000.00	$98000.00
Series A preferred stock, par value $0.001 per share, 50,000,000 shares authorized; no shares issued and outstanding	$0.00	$0.00	$0.00	$0.00
Additional paid-in capital	$834.7M	$830.8M	$823.8M	$823.7M
Retained earnings (deficit)	($18.2M)	($23.8M)	$374.7M	$363.1M
Total stockholders' equity	$816.6M	$807.1M	$1.2B	$1.2B
Total liabilities and stockholders' equity	$3.0B	$3.0B	$3.4B	$3.3B

Cash flow statement

Grocery Outlet Holding Corp cash flow statement, fiscal years

Line item	Jan 3, 2026 · FY	Dec 28, 2024 · FY	Dec 30, 2023 · FY	Dec 31, 2022 · FY
Net income (loss)	($224.9M)	$39.5M	$79.4M	$65.1M
Depreciation of property and equipment	$107.6M	$90.7M	$76.6M	$70.5M
Amortization of intangible and other assets	$22.8M	$17.5M	$11.4M	$7.8M
Amortization of debt issuance costs and debt discounts	$928.0K	$910.0K	$1.1M	$2.3M
Non-cash rent	$7.2M	$4.8M	$5.2M	$6.9M
Loss on debt extinguishment and modification	$0	$0	$5.3M	$1.3M
Impairment of long-lived assets	$121.5M	$15.9M	—	—
Goodwill impairment	$149.0M	—	—	—
Share-based compensation	$10.5M	$10.5M	$31.1M	$32.6M
Provision for independent operator and other accounts receivable reserves	$12.8M	$4.9M	$3.7M	$4.3M
Deferred income taxes	($23.0M)	$12.1M	$18.8M	$10.4M
Other	$2.7M	$1.0M	$487.0K	$1.2M
Independent operator and other accounts receivable	($11.2M)	($7.5M)	($11.0M)	($7.2M)
Merchandise inventories	$12.2M	($30.0M)	($15.7M)	($58.8M)
Prepaid expenses and other assets	$1.9M	$7.6M	($10.7M)	$841.0K
Income and other taxes payable	$1.2M	($3.8M)	$5.9M	$705.0K
Trade accounts payable	$2.1M	($36.9M)	$91.0M	$35.1M
Accrued and other liabilities	$5.5M	($25.2M)	—	—
Accrued compensation	($1.9M)	($7.8M)	—	—
Operating lease liabilities	$25.3M	$17.7M	$10.8M	$12.7M
Net cash provided by operating activities	$222.1M	$112.0M	$303.4M	$185.5M
Advances to independent operators	($13.6M)	($11.4M)	($8.6M)	($9.8M)
Repayments of advances from independent operators	$4.2M	$4.8M	$5.7M	$6.9M
Business acquisition, net of cash and cash equivalents acquired	$0	($60.5M)	—	—
Purchases of property and equipment	($198.3M)	($186.6M)	($169.0M)	($130.5M)
Proceeds from sales of assets	$39.0K	$0	$24.0K	$39.0K
Investments in intangible assets and licenses	($22.0M)	($20.3M)	($23.0M)	($16.6M)
Proceeds from insurance recoveries - property and equipment	$0	$0	$632.0K	$0
Net cash used in investing activities	($229.7M)	($274.0M)	($194.2M)	($149.9M)
Proceeds from exercise of stock options	700.0K	8.8M	6.0M	6.9M
Tax withholding related to net settlement of employee share-based awards	$0	$0	($537.0K)	$0
Proceeds from senior term loan due 2028	$0	$0	$300.0M	—
Proceeds from revolving credit facility	$70.0M	$190.0M	$25.0M	$0
Principal payments on revolving credit facility	($40.0M)	$0	($25.0M)	$0
Principal payments on senior term loans	($15.0M)	($5.6M)	($390.6M)	($75.0M)
Principal payments on finance leases	($1.4M)	($2.0M)	($1.4M)	($1.3M)
Repurchase of common stock	$0	($81.4M)	($5.9M)	($3.5M)
Dividends paid	$0	$0	($15.0K)	($105.0K)
Debt issuance costs paid	$0	$0	($4.5M)	$0
Net cash provided by (used in) financing activities	$14.3M	$109.9M	($97.0M)	($72.9M)
Net increase (decrease) in cash and cash equivalents	$6.8M	($52.2M)	$12.3M	($37.4M)
Cash and cash equivalents at beginning of period	$62.8M	$115.0M	$102.7M	$140.1M
Cash and cash equivalents at end of period	$69.6M	$62.8M	$115.0M	$102.7M
Cash paid for interest, net of amounts capitalized	$32.8M	$26.2M	$22.7M	$19.1M
Income taxes paid in cash	$2.3M	$3.4M	$7.6M	($1.7M)

Grocery Outlet Holding Corp cash flow statement, quarters

Line item	Jul 4, 2026 · YTD	Apr 4, 2026 · Q1	Sep 27, 2025 · YTD	Jun 28, 2025 · YTD
Net loss	($174.7M)	($180.3M)	($6.8M)	($18.4M)
Depreciation of property and equipment	$51.0M	$24.9M	$78.1M	$50.8M
Amortization of intangible and other assets	$12.3M	$6.2M	$16.5M	$10.4M
Amortization of debt issuance costs and debt discounts	$455.0K	$228.0K	$683.0K	$455.0K
Non-cash rent	($164.0K)	$463.0K	$6.1M	$5.0M
Impairment of long-lived assets	$1.4M	$645.0K	$11.5M	$10.8M
Goodwill impairment	$158.0M	$158.0M	—	—
Share-based compensation	$7.5M	$3.8M	$7.4M	$7.4M
Provision for independent operator and other accounts receivable reserves	$19.5M	$18.0M	$9.3M	$6.6M
Deferred income taxes	($722.0K)	($4.2M)	$417.0K	($4.7M)
Other	$103.0K	$644.0K	$1.4M	$1.2M
Independent operator and other accounts receivable	($5.3M)	($3.8M)	($5.3M)	($4.6M)
Merchandise inventories	($12.9M)	($5.1M)	($23.7M)	($4.1M)
Prepaid expenses and other assets	($3.7M)	($160.0K)	($1.2M)	($330.0K)
Income and other taxes payable	($1.7M)	($552.0K)	$1.9M	($1.4M)
Trade accounts payable	$41.1M	$22.5M	$21.6M	$35.8M
Accrued and other liabilities	($3.8M)	$5.9M	$9.7M	$20.5M
Accrued compensation	$6.5M	$2.6M	$7.7M	$6.1M
Operating lease liabilities	$789.0K	$2.9M	$14.5M	$11.0M
Net cash provided by operating activities	$95.7M	$52.6M	$149.8M	$132.6M
Advances to independent operators	($5.1M)	($3.0M)	($10.9M)	($7.5M)
Repayments of advances from independent operators	$1.7M	$778.0K	$3.2M	$1.9M
Purchases of property and equipment	($94.5M)	($52.8M)	($158.5M)	($119.7M)
Proceeds from sales of assets	$885.0K	—	$0	—
Investments in intangible assets and licenses	($6.0M)	($4.0M)	($16.4M)	($10.8M)
Net cash used in investing activities	($103.1M)	($59.1M)	($182.6M)	($136.2M)
Proceeds from exercise of stock options	103.0K	0	565.0K	395.0K
Proceeds from revolving credit facility	$20.0M	$0	$50.0M	$20.0M
Principal payments on revolving credit facility	$0	$0	($20.0M)	($20.0M)
Principal payments on senior term loan due 2028	($7.5M)	($3.8M)	($7.5M)	($3.8M)
Principal payments on finance leases	($637.0K)	($344.0K)	($1.0M)	($690.0K)
Net cash provided by (used in) financing activities	$12.0M	($4.1M)	$22.0M	($4.0M)
Net increase (decrease) in cash and cash equivalents	$4.6M	($10.6M)	($10.7M)	($7.6M)
Cash and cash equivalents at beginning of period	$69.6M	$69.6M	$62.8M	$62.8M
Cash and cash equivalents at end of period	$74.2M	$59.0M	$52.1M	$55.2M

Grocery Outlet Holding Corp score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.