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Bridgford Food Financials

BRID
Source SEC Filings (10-K/10-Q) Data as of Apr 17, 2026 Currency USD FYE October

This page shows Bridgford Food (BRID) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI BRID FY2025

A shrinking gross-profit pool against a largely fixed selling-cost base is the main pressure point in Bridgford Foods.

FY2025 sales improved slightly, but gross margin fell from 25.2% to 19.3%. With SG&A still near $63M, the business lost much of its cushion above direct costs, which explains why operating losses deepened without a major overhead build.

The balance sheet is not what is creating the strain: long-term debt was just $351K in FY2025 and current assets still covered current liabilities by 3.0x. The immediate constraint is cash burn; with only $4.8M in cash and free cash flow at -$9.3M, day-to-day flexibility depends on operations improving rather than on leverage relief.

Inventory and receivables both declined, helping FY2025 operating cash flow of -$5.7M come in much better than the net loss of -$13.4M. But after routine capex, free cash flow still landed at -$9.3M, which means the business is not yet funding its own upkeep from operations.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 42 / 100
Financial Health Score 42/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Bridgford Food's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
25

Bridgford Food has an operating margin of -8.1%, meaning the company retains $-8 of operating profit per $100 of revenue. This below-average margin results in a low score of 25/100, suggesting thin profitability after operating expenses. This is down from -2.8% the prior year.

Growth
20

Bridgford Food's revenue grew a modest 3.3% year-over-year to $231.0M. This slow but positive growth earns a score of 20/100.

Leverage
89

Bridgford Food carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 89/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
77

With a current ratio of 3.04, Bridgford Food holds $3.04 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 77/100.

Cash Flow
23

While Bridgford Food generated -$5.7M in operating cash flow, capex of $3.6M consumed most of it, leaving -$9.3M in free cash flow. This results in a low score of 23/100, reflecting heavy capital investment rather than weak cash generation.

Returns
18

Bridgford Food generates a -11.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 18/100. This is down from -2.7% the prior year.

Altman Z-Score Safe
3.73

Bridgford Food scores 3.73, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral
4/9

Bridgford Food passes 4 of 9 financial strength tests. 1 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Low Quality
0.43x

For every $1 of reported earnings, Bridgford Food generates $0.43 in operating cash flow (-$5.7M OCF vs -$13.4M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk
-59.7x

Bridgford Food earns $-59.7 in operating income for every $1 of interest expense (-$18.8M vs $314K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue
$231.0M
YoY+3.3%
5Y CAGR+3.1%
10Y CAGR+5.9%

Bridgford Food generated $231.0M in revenue in fiscal year 2025. This represents an increase of 3.3% from the prior year.

EBITDA
-$12.4M
YoY-4632.2%

Bridgford Food's EBITDA was -$12.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 4632.2% from the prior year.

Net Income
-$13.4M
YoY-295.1%

Bridgford Food reported -$13.4M in net income in fiscal year 2025. This represents a decrease of 295.1% from the prior year.

EPS (Diluted)
N/A

Cash & Balance Sheet

Free Cash Flow
-$9.3M
YoY-111.2%

Bridgford Food generated -$9.3M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 111.2% from the prior year.

Cash & Debt
$4.8M
YoY+3.3%
5Y CAGR-7.4%
10Y CAGR-9.2%

Bridgford Food held $4.8M in cash against $351K in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
9M
YoY+0.0%
5Y CAGR+0.0%
10Y CAGR-0.0%

Bridgford Food had 9M shares outstanding in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Margins & Returns

Gross Margin
19.3%
YoY-5.9pp
5Y CAGR-10.8pp
10Y CAGR-16.6pp

Bridgford Food's gross margin was 19.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 5.9 percentage points from the prior year.

Operating Margin
-8.1%
YoY-5.3pp
5Y CAGR-10.3pp

Bridgford Food's operating margin was -8.1% in fiscal year 2025, reflecting core business profitability. This is down 5.3 percentage points from the prior year.

Net Margin
-5.8%
YoY-4.3pp
5Y CAGR-9.5pp
10Y CAGR-17.6pp

Bridgford Food's net profit margin was -5.8% in fiscal year 2025, showing the share of revenue converted to profit. This is down 4.3 percentage points from the prior year.

Return on Equity
-11.6%
YoY-8.9pp
5Y CAGR-21.6pp
10Y CAGR-52.8pp

Bridgford Food's ROE was -11.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 8.9 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
$3.6M
YoY-7.8%
5Y CAGR-31.9%
10Y CAGR+9.9%

Bridgford Food invested $3.6M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 7.8% from the prior year.

BRID Income Statement

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q3'24 Q2'24
Revenue $50.0M-9.5% $55.3M-27.1% $75.8M+46.0% $52.0M+2.6% $50.6M-3.6% $52.5M+6.7% $49.3M+4.1% $47.3M
Cost of Revenue $41.3M-1.6% $41.9M-36.3% $65.9M+59.4% $41.3M+4.4% $39.6M-0.2% $39.7M+4.3% $38.0M+4.0% $36.6M
Gross Profit $8.8M-34.3% $13.4M+34.0% $10.0M-6.1% $10.6M-4.0% $11.1M-14.1% $12.9M+14.8% $11.2M+4.6% $10.7M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $14.7M+0.2% $14.6M-25.6% $19.7M+34.5% $14.6M+2.3% $14.3M-4.2% $14.9M+3.2% $14.4M+3.4% $14.0M
Operating Income -$5.8M-374.0% -$1.2M+87.3% -$9.7M-151.6% -$3.9M-21.0% -$3.2M-58.4% -$2.0M+40.5% -$3.4M-4.3% -$3.2M
Interest Expense -$274K-149.1% -$110K+81.6% -$597K-685.3% $102K+9.7% $93K+5.7% $88K+17.3% $75K+400.0% -$25K
Income Tax -$1.2M-385.7% -$245K+89.8% -$2.4M-163.3% -$915K0.0% -$915K-102.0% -$453K+39.8% -$752K+14.3% -$877K
Net Income -$4.9M-484.1% -$843K+87.5% -$6.7M-312.3% -$1.6M+57.6% -$3.9M-246.8% -$1.1M+37.1% -$1.8M+19.4% -$2.2M
EPS (Diluted) $-0.54 N/A N/A N/A $-0.43 N/A N/A N/A

BRID Balance Sheet

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q3'24 Q2'24
Total Assets $145.3M+0.5% $144.6M-1.8% $147.2M-3.6% $152.7M+0.2% $152.4M-0.6% $153.4M-6.4% $163.9M-0.3% $164.4M
Current Assets $64.0M+2.5% $62.5M-1.8% $63.6M-13.6% $73.6M-2.7% $75.6M+1.5% $74.5M-11.1% $83.8M-1.5% $85.1M
Cash & Equivalents $830K-82.8% $4.8M+449.4% $876K-74.3% $3.4M+49.5% $2.3M-51.1% $4.7M-70.8% $15.9M+15.6% $13.8M
Inventory $38.5M+18.2% $32.6M-12.0% $37.1M-13.6% $42.9M+7.1% $40.1M+10.5% $36.3M+3.8% $34.9M-11.1% $39.3M
Accounts Receivable $21.9M-0.4% $22.0M-9.0% $24.1M+3.1% $23.4M-15.6% $27.8M-2.9% $28.6M+5.8% $27.0M+2.3% $26.4M
Goodwill N/A N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $35.6M+18.9% $29.9M-5.6% $31.7M+1.5% $31.2M+6.6% $29.3M+11.1% $26.4M-28.9% $37.1M+3.5% $35.8M
Current Liabilities $26.6M+29.5% $20.5M-3.7% $21.3M+2.6% $20.8M+6.5% $19.5M+32.2% $14.8M-24.6% $19.6M+4.1% $18.8M
Long-Term Debt $1.4M+292.0% $351K-47.8% $673K-29.7% $957K-59.1% $2.3M+54.2% $1.5M-26.6% $2.1M-11.6% $2.3M
Total Equity $109.8M-5.0% $115.5M0.0% $115.5M-4.9% $121.5M-1.3% $123.2M-3.0% $127.0M+0.2% $126.8M-1.4% $128.6M
Retained Earnings $100.3M-4.7% $105.2M-0.8% $106.1M-6.0% $112.8M-1.4% $114.4M-3.3% $118.3M-1.5% $120.1M-1.5% $121.8M

BRID Cash Flow Statement

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q3'24 Q2'24
Operating Cash Flow -$6.1M-242.5% $4.3M+3542.7% -$124K+12.7% -$142K+82.7% -$822K+82.1% -$4.6M-309.3% $2.2M+29.0% $1.7M
Capital Expenditures N/A N/A $1.7M+460.5% $306K-70.7% $1.0M+96.8% $531K-18.9% $655K+7177.8% $9K
Free Cash Flow N/A N/A -$1.8M-310.5% -$448K+76.0% -$1.9M+63.6% -$5.1M-432.4% $1.5M-8.9% $1.7M
Investing Cash Flow -$708K-362.2% $270K+116.3% -$1.7M-807.7% -$183K+82.1% -$1.0M-94.9% -$525K+18.4% -$643K-9085.7% -$7K
Financing Cash Flow $2.8M+566.3% -$602K+18.9% -$742K-151.1% $1.5M+370.2% -$537K-21.5% -$442K-174.7% $592K+206.3% -$557K
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

BRID Financial Ratios

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q3'24 Q2'24
Gross Margin 17.5%-6.6pp 24.2%+11.0pp 13.2%-7.3pp 20.5%-1.4pp 21.9%-2.7pp 24.5%+1.7pp 22.8%+0.1pp 22.7%
Operating Margin -11.7%-9.4pp -2.2%+10.6pp -12.8%-5.4pp -7.4%-1.1pp -6.3%-2.5pp -3.8%+3.0pp -6.9%-0.0pp -6.9%
Net Margin -9.8%-8.3pp -1.5%+7.4pp -8.9%-5.8pp -3.1%+4.5pp -7.6%-5.5pp -2.1%+1.5pp -3.6%+1.0pp -4.6%
Return on Equity -4.5%-3.8pp -0.7%+5.1pp -5.8%-4.5pp -1.4%+1.8pp -3.1%-2.3pp -0.9%+0.5pp -1.4%+0.3pp -1.7%
Return on Assets -3.4%-2.8pp -0.6%+4.0pp -4.6%-3.5pp -1.1%+1.5pp -2.5%-1.8pp -0.7%+0.4pp -1.1%+0.3pp -1.3%
Current Ratio 2.41-0.6 3.04+0.1 2.98-0.6 3.54-0.3 3.88-1.2 5.05+0.8 4.28-0.2 4.52
Debt-to-Equity 0.010.0 0.000.0 0.010.0 0.01-0.0 0.020.0 0.010.0 0.020.0 0.02
FCF Margin N/A N/A -2.4%-1.6pp -0.9%+2.8pp -3.7%+6.1pp -9.8%-12.9pp 3.1%-0.4pp 3.6%

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Frequently Asked Questions

Bridgford Food (BRID) reported $231.0M in total revenue for fiscal year 2025. This represents a 3.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Bridgford Food (BRID) revenue grew by 3.3% year-over-year, from $223.6M to $231.0M in fiscal year 2025.

No, Bridgford Food (BRID) reported a net income of -$13.4M in fiscal year 2025, with a net profit margin of -5.8%.

Bridgford Food (BRID) had EBITDA of -$12.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Bridgford Food (BRID) had $4.8M in cash and equivalents against $351K in long-term debt.

Bridgford Food (BRID) had a gross margin of 19.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Bridgford Food (BRID) had an operating margin of -8.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Bridgford Food (BRID) had a net profit margin of -5.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Bridgford Food (BRID) has a return on equity of -11.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Bridgford Food (BRID) generated -$9.3M in free cash flow during fiscal year 2025. This represents a -111.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Bridgford Food (BRID) generated -$5.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Bridgford Food (BRID) had $144.6M in total assets as of fiscal year 2025, including both current and long-term assets.

Bridgford Food (BRID) invested $3.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Bridgford Food (BRID) had 9M shares outstanding as of fiscal year 2025.

Bridgford Food (BRID) had a current ratio of 3.04 as of fiscal year 2025, which is generally considered healthy.

Bridgford Food (BRID) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Bridgford Food (BRID) had a return on assets of -9.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2025 data, Bridgford Food (BRID) had $4.8M in cash against an annual operating cash burn of $5.7M. This gives an estimated cash runway of approximately 10 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Bridgford Food (BRID) has an Altman Z-Score of 3.73, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Bridgford Food (BRID) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Bridgford Food (BRID) has an earnings quality ratio of 0.43x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Bridgford Food (BRID) has an interest coverage ratio of -59.7x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Bridgford Food (BRID) scores 42 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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