Sprouts Farmers Market Inc (SFM) financial statements: income statement, balance sheet and cash flow

Sprouts Farmers Market Inc'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 (Dec 28, 2025 · FY), Sprouts Farmers Market Inc reported revenue of $8.8B (+14.1% year on year) and net income of $523.7M (+37.6% year on year).

Income statement

Sprouts Farmers Market Inc income statement, fiscal years

Line item	Dec 28, 2025 · FY	Dec 29, 2024 · FY	Dec 31, 2023 · FY	Jan 1, 2023 · FY
Net sales	$8.8B	$7.7B	$6.8B	$6.4B
Cost of sales	$5.4B	$4.8B	$4.3B	$4.1B
Gross profit	$3.4B	$2.9B	$2.5B	$2.3B
Selling, general and administrative expenses	$2.6B	$2.3B	$2.0B	$1.9B
Depreciation and amortization (exclusive of depreciation included in cost of sales)	$150.0M	$132.7M	$131.9M	$123.5M
Store closure and other costs, net	$5.6M	$12.9M	$39.3M	$11.0M
Income from operations	$686.2M	$504.5M	$350.2M	$358.4M
Interest (income) expense, net	($2.6M)	($2.2M)	—	—
Income before income taxes	$688.8M	$506.7M	$343.7M	$349.3M
Income tax provision	$165.1M	$126.1M	$84.9M	$88.1M
Net income	$523.7M	$380.6M	$258.9M	$261.2M
Basic (in dollars per share)	$5.36	$3.79	$2.53	$2.41
Diluted (in dollars per share)	$5.31	$3.75	$2.50	$2.39
Basic (in shares)	97.7M	100.4M	102.5M	108.2M
Diluted (in shares)	98.7M	101.4M	103.4M	109.1M

Sprouts Farmers Market Inc income statement, quarters

Line item	Jun 28, 2026 · Q2	Mar 29, 2026 · Q1	Sep 28, 2025 · Q3	Jun 29, 2025 · Q2
Net sales	$2.3B	$2.3B	$2.2B	$2.2B
Cost of sales	$1.4B	$1.4B	$1.3B	$1.4B
Gross profit	$900.6M	$917.3M	$851.1M	$862.6M
Selling, general and administrative expenses	$682.6M	$658.8M	$653.3M	$645.1M
Depreciation and amortization (exclusive of depreciation included in cost of sales)	$43.1M	$42.0M	$38.9M	$36.6M
Store closure and other costs, net	$760.0K	$1.2M	$1.5M	$1.5M
Income from operations	$174.2M	$215.3M	$157.4M	$179.4M
Interest expense/(income), net	$68.0K	($129.0K)	($690.0K)	($431.0K)
Income before income taxes	$174.1M	$215.4M	$158.1M	$179.8M
Income tax provision	$44.9M	$51.7M	$38.0M	$46.1M
Net income	$129.2M	$163.7M	$120.1M	$133.7M
Basic (in dollars per share)	$1.37	$1.73	$1.23	$1.37
Diluted (in dollars per share)	$1.37	$1.71	$1.22	$1.35
Basic (in shares)	94.0M	94.8M	97.7M	97.9M
Diluted (in shares)	94.4M	95.6M	98.7M	98.8M

Balance sheet

Sprouts Farmers Market Inc balance sheet, fiscal years

Line item	Dec 28, 2025 · FY	Dec 29, 2024 · FY	Dec 31, 2023 · FY	Jan 1, 2023 · FY
Cash and cash equivalents	$257.3M	$265.2M	$201.8M	$293.2M
Accounts receivable, net	$65.2M	$30.9M	$30.3M	$16.1M
Inventories	$427.1M	$343.3M	$323.2M	$310.5M
Prepaid expenses and other current assets	$60.3M	$36.1M	$48.5M	$53.9M
Total current assets	$809.9M	$675.5M	$603.8M	$673.8M
Property and equipment, net of accumulated depreciation	$1.1B	$895.2M	$798.7M	$722.2M
Operating lease assets, net	$1.7B	$1.5B	$1.3B	$1.1B
Intangible assets	$208.2M	$208.1M	$208.1M	$185.0M
Goodwill	$381.8M	$381.8M	$381.7M	$368.9M
Other assets	$20.7M	$13.2M	$12.3M	$14.0M
Total assets	$4.2B	$3.6B	$3.3B	$3.1B
Accounts payable	$291.0M	$213.4M	$179.9M	$172.9M
Accrued liabilities	$304.4M	$216.8M	$164.9M	$151.3M
Accrued salaries and benefits	$96.0M	$98.0M	$74.8M	$61.6M
Current portion of operating lease liabilities	$177.3M	$150.4M	$126.3M	$135.6M
Current portion of finance lease and other finance obligations	$2.1M	—	—	—
Total current liabilities	$870.8M	$680.0M	$546.9M	$522.4M
Long-term operating lease liabilities	$1.7B	$1.5B	$1.4B	$1.1B
Long-term debt and other finance obligations	$81.6M	—	—	—
Other long-term liabilities	$40.3M	$38.3M	$36.3M	$36.3M
Deferred income tax liability	$80.5M	$73.1M	$62.4M	$61.1M
Total liabilities	$2.8B	$2.3B	$2.2B	$2.0B
Undesignated preferred stock; $0.001 par value; 10,000,000 shares authorized, no shares issued and outstanding	0	0	0	0
Common stock, $0.001 par value; 200,000,000 shares authorized, 95,926,024 shares issued and outstanding, December 28, 2025; 99,255,036 shares issued and outstanding, December 29, 2024	96.0K	99.0K	101.0K	105.0K
Additional paid-in capital	$841.8M	$808.1M	$774.8M	$726.3M
Retained earnings	$561.1M	$513.7M	$373.6M	$320.0M
Total stockholders’ equity	$1.4B	$1.3B	$1.1B	$1.0B
Total liabilities and stockholders’ equity	$4.2B	$3.6B	$3.3B	$3.1B

Sprouts Farmers Market Inc balance sheet, quarters

Line item	Jun 28, 2026	Mar 29, 2026	Sep 28, 2025	Jun 29, 2025
Cash and cash equivalents	$223.9M	$252.2M	$322.4M	$261.4M
Accounts receivable, net	$65.5M	$63.3M	$64.8M	$61.5M
Inventories	$436.8M	$419.2M	$399.9M	$351.1M
Prepaid expenses and other current assets	$44.6M	$37.6M	$30.3M	$35.3M
Total current assets	$770.8M	$772.3M	$817.5M	$709.3M
Property and equipment, net of accumulated depreciation	$1.2B	$1.1B	$989.6M	$923.0M
Operating lease assets, net	$1.8B	$1.8B	$1.6B	$1.5B
Intangible assets	$208.2M	$208.2M	$208.2M	$208.2M
Goodwill	$381.8M	$381.8M	$381.8M	$381.8M
Other assets	$23.2M	$21.8M	$19.9M	$17.1M
Total assets	$4.3B	$4.3B	$4.0B	$3.8B
Accounts payable	$272.3M	$260.7M	$268.3M	$249.0M
Accrued liabilities	$252.2M	$311.3M	$239.8M	$223.7M
Accrued salaries and benefits	$70.5M	$61.5M	$89.6M	$85.1M
Current portion of operating lease liabilities	$179.3M	$185.4M	$170.6M	$161.8M
Current portion of finance lease and other finance obligations	$3.0M	$2.5M	$1.6M	—
Total current liabilities	$777.3M	$837.8M	$781.5M	$721.0M
Long-term operating lease liabilities	$1.8B	$1.8B	$1.6B	$1.6B
Long-term debt and other finance obligations	$110.8M	$97.0M	$53.4M	—
Other long-term liabilities	$43.8M	$40.9M	$37.8M	$37.1M
Deferred income tax liability	$85.7M	$83.5M	$72.6M	$76.0M
Total liabilities	$2.8B	$2.8B	$2.6B	$2.4B
Undesignated preferred stock, $0.001 par value; 10,000,000 shares authorized, no shares issued and outstanding	0	0	0	0
Common stock, $0.001 par value; 200,000,000 shares authorized, 93,721,860 shares issued and outstanding, June 28, 2026; 95,926,024 shares issued and outstanding, December 28, 2025	94.0K	95.0K	98.0K	98.0K
Additional paid-in capital	$858.5M	$850.4M	$831.9M	$823.8M
Retained earnings	$642.2M	$583.7M	$602.6M	$532.6M
Total stockholders’ equity	$1.5B	$1.4B	$1.4B	$1.4B
Total liabilities and stockholders’ equity	$4.3B	$4.3B	$4.0B	$3.8B

Cash flow statement

Sprouts Farmers Market Inc cash flow statement, fiscal years

Line item	Dec 28, 2025 · FY	Dec 29, 2024 · FY	Dec 31, 2023 · FY	Jan 1, 2023 · FY
Net income	$523.7M	$380.6M	$258.9M	$261.2M
Depreciation and amortization expense	$157.7M	$140.2M	$137.8M	$127.1M
Operating lease asset amortization	$146.6M	$133.9M	$127.2M	$117.3M
Impairment of assets	$0	$406.0K	$30.5M	—
Share-based compensation	$31.1M	$28.4M	$18.9M	$16.6M
Deferred income taxes	$7.4M	$10.7M	($4.9M)	$3.2M
Other non-cash items	$4.7M	$5.6M	$1.1M	$672.0K
Accounts receivable	$27.2M	$30.0M	$3.2M	$13.4M
Inventories	($83.8M)	($20.1M)	($10.9M)	($45.2M)
Prepaid expenses and other current assets	$36.7M	$11.9M	$2.2M	($18.5M)
Other assets	($5.4M)	($45.0K)	$3.5M	$2.0M
Accounts payable	$11.2M	$28.0M	$12.2M	$13.4M
Accrued liabilities	$25.2M	$39.3M	$11.7M	$5.4M
Accrued salaries and benefits	($2.0M)	$23.2M	$12.9M	$2.8M
Operating lease liabilities	($166.2M)	($168.5M)	($138.8M)	($132.9M)
Other long-term liabilities	$1.8M	$1.7M	($479.0K)	($3.3M)
Cash flows from operating activities	$716.0M	$645.2M	$465.1M	$371.3M
Purchases of property and equipment	($248.3M)	($230.4M)	($225.3M)	($124.0M)
Payments for acquisition, net of cash acquired	$0	$0	($13.0M)	—
Cash flows used in investing activities	($248.3M)	($230.4M)	($238.3M)	($124.0M)
Payments on revolving credit facilities	$0	($125.0M)	($125.0M)	($62.5M)
Payments on finance lease liabilities	($1.0M)	($1.1M)	($1.0M)	($819.0K)
Payments of deferred financing costs	($1.6M)	$0	$0	($3.4M)
Repurchase of common stock	($471.9M)	($228.5M)	($203.5M)	($200.0M)
Payments of excise tax on repurchases of common stock	($2.1M)	($1.8M)	—	—
Proceeds from exercise of stock options	$2.6M	$4.9M	$11.5M	$5.0M
Cash flows used in financing activities	($474.1M)	($351.5M)	($318.0M)	($199.1M)
(Decrease)/Increase in cash, cash equivalents, and restricted cash	($6.3M)	$63.3M	($91.3M)	$48.2M
Cash, cash equivalents, and restricted cash at beginning of the period	$267.2M	$203.9M	$295.2M	$247.0M
Cash, cash equivalents, and restricted cash at the end of the period	$260.9M	$267.2M	$203.9M	$295.2M
Cash paid for interest	$1.8M	$5.0M	$12.6M	$11.1M
Cash paid for income taxes	$120.1M	$102.2M	$96.6M	$93.4M
Property and equipment in accounts payable and accrued liabilities	$63.6M	$36.7M	$29.6M	$36.2M
Issuance of shares for acquisition	0	0	18.1M	—
Excise tax accrued on repurchase of common stock	$4.2M	$2.1M	$1.8M	—
Leased assets obtained in exchange for new operating lease liabilities, net of lease terminations	$332.4M	$278.2M	$365.0M	$157.3M
Leased assets obtained in exchange for new finance lease liabilities	$6.3M	$0	$809.0K	—
Property acquired through financing obligations	$69.8M	—	—	—

Sprouts Farmers Market Inc cash flow statement, quarters

Line item	Jun 28, 2026 · YTD	Mar 29, 2026 · Q1	Sep 28, 2025 · YTD	Jun 29, 2025 · YTD
Net income	$292.9M	$163.7M	$433.8M	$313.7M
Depreciation and amortization expense	$90.0M	$44.3M	$116.0M	$75.3M
Operating lease asset amortization	$79.6M	$38.6M	$107.9M	$70.6M
Share-based compensation	$15.7M	$8.6M	$22.0M	$14.4M
Deferred income taxes	$5.2M	$3.1M	($488.0K)	$2.9M
Other non-cash items	$2.3M	$1.8M	$1.6M	$2.7M
Accounts receivable	$6.3M	$2.9M	$24.7M	$21.2M
Inventories	($9.7M)	$7.9M	($56.6M)	($7.8M)
Prepaid expenses and other current assets	$15.7M	$21.3M	$5.3M	($719.0K)
Other assets	($2.3M)	($412.0K)	($3.9M)	($2.5M)
Accounts payable	$14.5M	$3.1M	$23.2M	$5.7M
Accrued liabilities	($58.2M)	$190.0K	$23.5M	$10.1M
Accrued salaries and benefits	($25.5M)	($34.6M)	($8.4M)	($12.9M)
Operating lease liabilities	($63.5M)	($41.6M)	($123.7M)	($83.1M)
Other long-term liabilities	$6.2M	($28.0K)	$923.0K	$741.0K
Cash flows from operating activities	$369.0M	$235.3M	$577.5M	$410.3M
Purchases of property and equipment	($189.9M)	($101.2M)	($176.1M)	($120.3M)
Cash flows used in investing activities	($189.9M)	($101.2M)	($176.1M)	($120.3M)
Payments on finance lease liabilities	($309.0K)	($225.0K)	($793.0K)	($644.0K)
Repurchase of common stock	($210.0M)	($140.0M)	($341.9M)	($292.2M)
Payments of excise tax on repurchases of common stock	($4.2M)	—	($2.1M)	($2.1M)
Proceeds from exercise of stock options	$1.0M	—	$1.7M	$1.2M
Cash flows used in financing activities	($213.5M)	($140.2M)	($343.1M)	($293.7M)
Decrease in cash, cash equivalents, and restricted cash	($34.4M)	($6.1M)	$58.3M	($3.7M)
Cash, cash equivalents, and restricted cash at beginning of the period	$260.9M	$260.9M	$267.2M	$267.2M
Cash, cash equivalents, and restricted cash at the end of the period	$226.5M	$254.8M	$325.5M	$263.5M
Cash paid for interest	$889.0K	$463.0K	$1.3M	$796.0K
Cash paid for income taxes	$68.6M	$1.0M	$111.4M	$82.6M
Property and equipment in accounts payable and accrued liabilities	$34.0M	$35.7M	$26.0M	$21.7M
Excise tax accrued on repurchase of common stock	$1.8M	$5.3M	$2.9M	$2.4M
Leased assets obtained in exchange for new operating lease liabilities, net of lease terminations	$190.0M	$142.2M	$237.1M	$147.5M
Property acquired through finance obligations	$30.4M	$16.2M	$41.0M	—

Sprouts Farmers Market Inc score and earnings-call analysis · All covered companies

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