Farmer Bros Co (FARM) Financials
Newest figures come from the 10-Q for Q2 FY2026, filed Feb 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FARM SEC filings page.
Farmer Bros Co (FARM) reported $337.7M in revenue over the twelve months to Dec 31, 2025, down 2.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).
Gross-margin improvement is reaching operations, but cash generation recovered before the business returned to profitability.
FY2025 operating cash flow swung to$16.1M while the company still posted a net loss of$14.5M ; that divergence means cash conversion improved ahead of earnings, but does not establish recurring profitability. The business therefore produced cash in the latest year without yet converting that improvement into bottom-line income.
Revenue was nearly unchanged at
Total assets fell to
Financial Health Signals
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 Farmer Bros Co'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.
Farmer Bros Co has an operating margin of -0.4%, meaning the company loses less than $1 on every $100 of revenue. This results in a profitability score of 32/100. This is up from -0.7% the prior year.
Farmer Bros Co's revenue grew a modest 0.3% year-over-year to $342.3M. This slow but positive growth earns a score of 32/100.
Farmer Bros Co has elevated debt relative to equity (D/E of 2.70), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 24/100, reflecting increased financial risk.
Farmer Bros Co's current ratio of 1.20 is below the typical benchmark, resulting in a score of 29/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Not available for Farmer Bros Co, and counted as zero in the overall score.
Farmer Bros Co posts a -33.3% return on equity (ROE), meaning it loses $33 for every $100 of shareholders' equity. This results in a returns score of 24/100. This is down from -8.5% the prior year.
Farmer Bros Co scores 1.95, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Farmer Bros Co passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
Farmer Bros Co reported a net loss of $14.5M while generating $16.1M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Farmer Bros Co reported an operating loss of $1.5M against $7.5M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Farmer Bros Co generated $88.9M in revenue in Q2 2026. This represents a decrease of 1.2% from the same quarter a year earlier. Against the prior quarter it is up 9.0%.
Farmer Bros Co's EBITDA was -$1.5M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 139.2% from the same quarter a year earlier. Against the prior quarter it is down 172.0%.
Farmer Bros Co reported -$4.9M in net income in Q2 2026. This represents a decrease of 2417.1% from the same quarter a year earlier. Against the prior quarter it is down 20.9%.
Farmer Bros Co earned -$0.22 per diluted share (EPS) in Q2 2026. This represents a decrease of 2300.0% from the same quarter a year earlier.
Cash & Balance Sheet
Farmer Bros Co recorded an outflow of $2.6M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 602.1% from the same quarter a year earlier. Against the prior quarter it is up 62.3%.
Farmer Bros Co held $4.2M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Margins & Returns
Farmer Bros Co's gross margin was 36.3% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 6.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.5 percentage points.
Farmer Bros Co's operating margin was -4.7% in Q2 2026, reflecting core business profitability. This is down 5.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.8 percentage points.
Farmer Bros Co's net profit margin was -5.5% in Q2 2026, showing the share of revenue converted to profit. This is down 5.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.5 percentage points.
Farmer Bros Co's ROE was -13.7% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 14.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.6 percentage points.
Capital Allocation
Farmer Bros Co invested $1.8M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 9.9% from the same quarter a year earlier. Against the prior quarter it is down 5.3%.
Not reported for Q2 2026.
Not reported for Q2 2026.
FARM Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $88.9M-1.2% | $81.6M-4.1% | $85.1M+0.9% | $82.1M-3.9% | $90.0M+0.6% | $85.1M+3.9% | $84.4M-1.3% | $85.4M-0.4% |
| Cost of Revenue | $56.7M+10.7% | $49.2M+3.0% | $46.9M-9.2% | $47.5M-7.0% | $51.2M-4.1% | $47.7M-6.6% | $51.6M-10.5% | $51.1M-10.3% |
| Gross Profit | $32.3M-16.9% | $32.4M-13.1% | $38.2M+16.7% | $34.5M+0.8% | $38.8M+7.6% | $37.3M+21.2% | $32.8M+17.8% | $34.2M+19.0% |
| SG&A Expenses | $8.8M-7.6% | $8.8M-21.8% | $9.9M+3.7% | $8.6M-10.8% | $9.5M-1.3% | $11.3M-12.3% | $9.6M-7.2% | $9.6M+1.7% |
| Operating Income | -$4.1M-506.3% | -$3.2M-12.5% | $3.9M+194.4% | -$3.6M-661.3% | $1.0M-77.1% | -$2.8M-35.4% | -$4.1M+59.0% | -$468K+93.1% |
| EBITDA | -$1.5M-139.2% | -$567K-921.7% | $6.7M+644.2% | -$725K-130.0% | $3.9M-46.0% | $69K-92.0% | -$1.2M+73.7% | $2.4M+273.0% |
| Interest Expense | $1.2M-37.6% | $1.3M-26.1% | $1.8M-1.1% | $1.9M+4.4% | $1.9M+0.8% | $1.8M-19.4% | $1.9M-38.2% | $1.8M-17.0% |
| Income Tax | $0+100.0% | $0-100.0% | -$123K-583.3% | $187K | -$81K-149.4% | $133K+200.8% | -$18K+95.9% | $0-100.0% |
| Net Income | -$4.9M-2417.1% | -$4.0M+19.5% | -$4.7M-3.4% | -$5.0M-629.6% | $210K-92.2% | -$5.0M-282.7% | -$4.6M+90.2% | -$682K+94.0% |
| EPS (Basic) | -$0.22-2300.0% | -$0.19+20.8% | -$0.220.0% | -$0.23-666.7% | $0.01-92.3% | -$0.24-300.0% | -$0.22-175.0% | -$0.03+94.7% |
| EPS (Diluted) | -$0.22-2300.0% | -$0.19+20.8% | -$0.220.0% | -$0.23-666.7% | $0.01-92.3% | -$0.24 | -$0.22 | -$0.03+94.7% |
| Diluted Shares (Avg) | 22M-3.1% | 22M+1.6% | N/A | 21M+1.6% | 22M+6.9% | 21M | N/A | 21M+5.9% |
Not reported in any period shown, so not listed: R&D Expenses.
FARM Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $151.4M-15.4% | $158.8M-12.7% | $161.2M-12.9% | $163.2M-8.9% | $179.1M-1.5% | $182.0M+2.2% | $185.2M-1.4% | $179.1M-44.9% |
| Current Assets | $83.6M-16.2% | $87.3M-15.0% | $85.5M-16.9% | $84.6M-16.0% | $99.8M-4.4% | $102.7M-2.2% | $103.0M-8.9% | $100.7M-33.0% |
| Cash & Equivalents | $4.2M-23.7% | $3.8M+16.4% | $6.8M+16.6% | $4.1M-26.6% | $5.5M-20.8% | $3.3M-18.7% | $5.8M+11.2% | $5.5M-23.9% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $49.4M-6.4% | $55.2M-4.2% | $49.8M-12.9% | $51.3M-5.8% | $52.8M-4.9% | $57.6M+6.1% | $57.2M+16.1% | $54.4M-33.9% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $115.8M-15.9% | $118.8M-15.8% | $117.7M-15.7% | $125.9M-7.4% | $137.6M-0.7% | $141.1M+0.5% | $139.7M-6.7% | $136.0M-45.9% |
| Current Liabilities | $66.0M-15.3% | $70.2M-10.0% | $71.0M-7.8% | $64.9M-8.2% | $77.9M+5.9% | $77.9M+1.7% | $77.0M-9.8% | $70.7M-22.1% |
| Non-Current Liabilities | $49.8M-16.6% | $48.6M-23.0% | $46.7M-25.5% | $61.0M-6.6% | $59.7M-8.2% | $63.1M-0.8% | $62.6M-2.6% | $65.2M-59.3% |
| Total Equity | $35.7M-14.1% | $40.0M-2.3% | $43.5M-4.4% | $37.3M-13.6% | $41.5M-4.1% | $40.9M+8.3% | $45.5M+19.5% | $43.1M-41.6% |
| Retained Earnings | -$53.8M-53.0% | -$48.9M-38.3% | -$44.9M-47.8% | -$40.1M-55.7% | -$35.1M-40.1% | -$35.4M-27.2% | -$30.4M-14.6% | -$25.8M-226.9% |
Not reported in any period shown, so not listed: Accounts Receivable, Goodwill, Long-Term Debt.
FARM Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$786K-130.8% | -$5.0M-300.8% | $9.7M+1079.4% | $1.3M+157.2% | $2.6M+168.4% | $2.5M+134.9% | -$995K-66.7% | -$2.3M+76.8% |
| Depreciation & Amortization | $2.6M-11.2% | $2.6M-9.8% | $2.8M-4.1% | $2.8M-1.6% | $2.9M+2.7% | $2.9M-1.7% | $2.9M-46.5% | $2.9M-46.7% |
| Stock-Based Compensation | N/A | $482K-2.6% | N/A | N/A | N/A | $495K-69.5% | N/A | N/A |
| Capital Expenditures | $1.8M-9.9% | $1.9M-42.0% | N/A | $2.0M-41.7% | $2.0M-39.2% | $3.3M-5.2% | N/A | $3.4M+0.4% |
| Free Cash Flow | -$2.6M-602.1% | -$6.9M-729.0% | N/A | -$684K+88.0% | $521K+107.4% | -$837K+92.1% | N/A | -$5.7M+57.0% |
| Investing Cash Flow | -$1.8M+5.3% | -$1.9M+41.9% | $2.1M+51.4% | -$2.8M-394.8% | -$1.9M-128.3% | -$3.3M-157.5% | $1.4M-98.5% | $936K+151.3% |
| Financing Cash Flow | $2.9M+4700.0% | $4.0M+7155.4% | -$9.1M-16073.2% | -$49K+16.9% | -$64K-8.5% | -$56K-130.4% | -$56K+99.9% | -$59K+93.0% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
FARM Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 36.3%-6.9pp | 39.8%-4.1pp | 44.9%+6.1pp | 42.0%+1.9pp | 43.1%+2.8pp | 43.9%+6.3pp | 38.8%+6.3pp | 40.1%+6.6pp |
| Operating Margin | -4.7%-5.8pp | -3.9%-0.6pp | 4.6%+9.5pp | -4.3%-3.8pp | 1.1%-3.9pp | -3.3%-0.8pp | -4.9%+6.9pp | -0.5%+7.4pp |
| Net Margin | -5.5%-5.7pp | -4.9%+1.0pp | -5.6%-0.1pp | -6.1%-5.3pp | 0.2%-2.8pp | -5.9%-4.3pp | -5.4%+49.3pp | -0.8%+12.5pp |
| Return on Equity | -13.7%-14.2pp | -10.1%+2.2pp | -10.9%-0.8pp | -13.4%-11.8pp | 0.5%-5.7pp | -12.2%-8.8pp | -10.1%+112.7pp | -1.6%+13.9pp |
| Return on Assets | -3.2%-3.3pp | -2.5%+0.2pp | -2.9%-0.5pp | -3.0%-2.7pp | 0.1%-1.4pp | -2.8%-2.0pp | -2.5%+22.4pp | -0.4%+3.1pp |
| Current Ratio | 1.270.0x | 1.24-0.1x | 1.20-0.1x | 1.30-0.1x | 1.28-0.1x | 1.32-0.1x | 1.340.0x | 1.42-0.2x |
| Debt-to-Equity | 3.25-0.1x | 2.97-0.5x | 2.70-0.4x | 3.38+0.2x | 3.32+0.1x | 3.45-0.3x | 3.07+2.5x | 3.15+1.6x |
| Asset Turnover | 0.59+0.1x | 0.510.0x | 0.53+0.1x | 0.500.0x | 0.500.0x | 0.470.0x | 0.460.0x | 0.48+0.2x |
| FCF Margin | -2.9%-3.5pp | -8.5%-7.5pp | N/A | -0.8%+5.8pp | 0.6%+8.5pp | -1.0%+12.0pp | N/A | -6.7%+8.8pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Farmer Bros Co FARM | FY2025 | $342.3M | -$14.5M | -4.2% | $28.1M | 24/100 |
| Borealis Foods Inc. BRLS | FY2025 | $30.1M | -$19.0M | -63.1% | $24.3M | 22/100 |
| Laird Superfood, Inc. LSF | FY2025 | $49.9M | -$3.3M | -6.5% | $31.1M | 50/100 |
| Paranovus Entertainment Technology Ltd. PAVS | FY2026 | $14.6M | -$12.7M | -87.2% | $2.9M | 77/100 |
| Agape ATP Corporation ATPC | FY2025 | $1.5M | -$2.3M | N/A | $1.9M | 33/100 |
Where Farmer Bros Co Ranks
Frequently Asked Questions
What is Farmer Bros Co's annual revenue?
Farmer Bros Co (FARM) reported $342.3M in total revenue for fiscal year 2025. This represents a 0.3% 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.
How fast is Farmer Bros Co's revenue growing?
Farmer Bros Co (FARM) revenue grew by 0.3% year-over-year, from $341.1M to $342.3M in fiscal year 2025.
Is Farmer Bros Co profitable?
No, Farmer Bros Co (FARM) reported a net income of -$14.5M in fiscal year 2025, with a net profit margin of -4.2%.
What is Farmer Bros Co's EBITDA?
Farmer Bros Co (FARM) had EBITDA of $10.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Farmer Bros Co's gross margin?
Farmer Bros Co (FARM) had a gross margin of 43.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Farmer Bros Co's operating margin?
Farmer Bros Co (FARM) had an operating margin of -0.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Farmer Bros Co's net profit margin?
Farmer Bros Co (FARM) had a net profit margin of -4.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Farmer Bros Co's return on equity (ROE)?
Farmer Bros Co (FARM) has a return on equity of -33.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Farmer Bros Co's operating cash flow?
Farmer Bros Co (FARM) generated $16.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Farmer Bros Co's total assets?
Farmer Bros Co (FARM) had $161.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Farmer Bros Co's current ratio?
Farmer Bros Co (FARM) had a current ratio of 1.20 as of fiscal year 2025, which is considered adequate.
What is Farmer Bros Co's debt-to-equity ratio?
Farmer Bros Co (FARM) had a debt-to-equity ratio of 2.70 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Farmer Bros Co's return on assets (ROA)?
Farmer Bros Co (FARM) had a return on assets of -9.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Farmer Bros Co's Altman Z-Score?
Farmer Bros Co (FARM) has an Altman Z-Score of 1.95, placing it in the Grey Zone (moderate 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.
What is Farmer Bros Co's Piotroski F-Score?
Farmer Bros Co (FARM) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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.
Are Farmer Bros Co's earnings high quality?
Farmer Bros Co (FARM) reported a net loss of $14.5M while generating $16.1M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. 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.
Can Farmer Bros Co cover its interest payments?
Farmer Bros Co (FARM) reported an operating loss of $1.5M against $7.5M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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.
How financially healthy is Farmer Bros Co?
Farmer Bros Co (FARM) scores 24 out of 100 on our Financial Health Score, indicating weak 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.