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Sprouts Farmers Financials

SFM
Trailing 12 months to June 28, 2026
Revenue $9.0B +7.2% YoY
Net Income $502.9M +3.7% YoY
EPS (Diluted) $5.23 +7.8% YoY
Free Cash Flow $356.8M -29.0% YoY
Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 28, 2026 Reported Currency USD FYE December

Sprouts Farmers (SFM) reported $9.0B in revenue over the twelve months to Jun 28, 2026, up 7.2% 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).

Rhea AI SFM FY2025

Margin expansion and cash-rich store economics are doing more of the work than balance-sheet liquidity at Sprouts.

From FY2023 to FY2025, operating cash flow climbed from $465.1M to $716.0M while free cash flow margin stayed above 5.0% even as capital spending rose, which implies newer sales are being added without a matching jump in reinvestment needs. At the same time, the current ratio slid from 1.1x to 0.9x, so the business appears to be funding more of its day-to-day growth through operating turnover rather than by carrying excess short-term assets.

Gross margin widened from 36.9% in FY2023 to 38.8% in FY2025, and operating margin expanded even faster to 7.8%; that pattern points to better cost absorption and expense control, not just bigger sales.

Per-share economics improved faster than companywide profit because buybacks were heavy: net income reached $523.7M in FY2025 while the share count fell to 95.9M. That means more of each year’s cash generation is being redirected into ownership concentration rather than held on the balance sheet, which helps explain why cash stayed near $257.3M despite strong free cash flow.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity CashFlow Returns 53 / 100
Financial Health Score 53/100

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 Sprouts Farmers'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
67

Sprouts Farmers has an operating margin of 7.8%, meaning the company retains $8 of operating profit per $100 of revenue. This strong profitability earns a score of 67/100, reflecting efficient cost management and pricing power. This is up from 6.5% the prior year.

Growth
72

Sprouts Farmers's revenue grew 14.1% year-over-year to $8.8B, a solid pace of expansion. This earns a growth score of 72/100.

Leverage
31

Sprouts Farmers has a moderate D/E ratio of 1.96. This balance of debt and equity financing earns a leverage score of 31/100.

Liquidity
16

Sprouts Farmers's current ratio of 0.93 is below the typical benchmark, resulting in a score of 16/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow
47

Sprouts Farmers has a free cash flow margin of 5.3%, earning a moderate score of 47/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
85

Sprouts Farmers earns a strong 37.3% return on equity (ROE), meaning it generates $37 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 85/100. This is up from 28.8% the prior year.

Altman Z-Score Safe
4.49

Sprouts Farmers scores 4.49, 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 Partial
6/8

Sprouts Farmers passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed
1.37x

For every $1 of reported earnings, Sprouts Farmers generates $1.37 in operating cash flow ($716.0M OCF vs $523.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue
$8.8B
YoY+14.1%
5Y CAGR+6.4%
10Y CAGR+9.4%

Sprouts Farmers generated $8.8B in revenue in fiscal year 2025. This represents an increase of 14.1% from the prior year.

EBITDA
$843.9M
YoY+30.9%
5Y CAGR+10.2%
10Y CAGR+11.0%

Sprouts Farmers's EBITDA was $843.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 30.9% from the prior year.

Net Income
$523.7M
YoY+37.6%
5Y CAGR+12.7%
10Y CAGR+15.0%

Sprouts Farmers reported $523.7M in net income in fiscal year 2025. This represents an increase of 37.6% from the prior year.

EPS (Diluted)
$5.31
YoY+41.6%
5Y CAGR+16.9%
10Y CAGR+20.4%

Sprouts Farmers earned $5.31 per diluted share (EPS) in fiscal year 2025. This represents an increase of 41.6% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$467.7M
YoY+12.8%
5Y CAGR+4.7%
10Y CAGR+15.1%

Sprouts Farmers generated $467.7M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 12.8% from the prior year.

Cash & Debt
$257.3M
YoY-3.0%
5Y CAGR+8.7%
10Y CAGR+6.6%

Sprouts Farmers held $257.3M in cash as of fiscal year 2025; long-term debt is not reported for that period.

Shares Outstanding
95M
YoY-4.1%
5Y CAGR-4.3%
10Y CAGR-4.5%

Sprouts Farmers had 95M shares outstanding in fiscal year 2025. This represents a decrease of 4.1% from the prior year.

Dividends Per Share

Not reported for fiscal year 2025.

Margins & Returns

Gross Margin
38.8%
YoY+0.7pp
5Y CAGR+2.0pp
10Y CAGR+9.5pp

Sprouts Farmers's gross margin was 38.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.7 percentage points from the prior year.

Operating Margin
7.8%
YoY+1.2pp
5Y CAGR+1.7pp
10Y CAGR+1.4pp

Sprouts Farmers's operating margin was 7.8% in fiscal year 2025, reflecting core business profitability. This is up 1.2 percentage points from the prior year.

Net Margin
5.9%
YoY+1.0pp
5Y CAGR+1.5pp
10Y CAGR+2.4pp

Sprouts Farmers's net profit margin was 5.9% in fiscal year 2025, showing the share of revenue converted to profit. This is up 1.0 percentage points from the prior year.

Return on Equity
37.3%
YoY+8.5pp
5Y CAGR+4.7pp
10Y CAGR+21.6pp

Sprouts Farmers's ROE was 37.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 8.5 percentage points from the prior year.

Capital Allocation

Share Buybacks
$471.9M
YoY+106.6%
10Y CAGR+33.8%

Sprouts Farmers spent $471.9M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 106.6% from the prior year.

Capital Expenditures
$248.3M
YoY+7.8%
5Y CAGR+15.3%
10Y CAGR+7.1%

Sprouts Farmers invested $248.3M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 7.8% from the prior year.

R&D Spending

Not reported for fiscal year 2025.

SFM Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

SFM quarterly income statement
MetricQ2'26Q1'26Q4'25Q3'25Q2'25Q1'25Q4'24Q3'24
Revenue$2.3B-0.1%$2.3B+8.4%$2.1B-2.4%$2.2B-0.9%$2.2B-0.7%$2.2B+12.0%$2.0B+2.6%$1.9B
Cost of Revenue$1.4B+0.9%$1.4B+6.0%$1.3B-1.3%$1.3B-0.6%$1.4B+0.6%$1.4B+9.2%$1.2B+2.6%$1.2B
Gross Profit$900.6M-1.8%$917.3M+12.4%$816.4M-4.1%$851.1M-1.3%$862.6M-2.7%$886.4M+16.6%$759.9M+2.6%$740.9M
SG&A Expenses$682.6M+3.6%$658.8M+0.9%$653.0M0.0%$653.3M+1.3%$645.1M+3.5%$623.2M+1.4%$614.9M+6.0%$580.3M
Operating Income$174.2M-19.1%$215.3M+74.9%$123.1M-21.8%$157.4M-12.2%$179.4M-20.8%$226.3M+112.6%$106.5M-13.1%$122.5M
Income Tax$44.9M-13.2%$51.7M+52.9%$33.8M-10.9%$38.0M-17.6%$46.1M-2.4%$47.2M+64.7%$28.7M-10.1%$31.9M
Net Income$129.2M-21.1%$163.7M+82.3%$89.8M-25.2%$120.1M-10.2%$133.7M-25.7%$180.0M+126.2%$79.6M-13.1%$91.6M
EPS (Diluted)$1.37-19.9%$1.71+83.9%$0.93-23.8%$1.22-9.6%$1.35-25.4%$1.81+132.1%$0.78-14.3%$0.91

Not reported in any period shown, so not listed: R&D Expenses, Interest Expense.

SFM Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

SFM quarterly balance sheet
MetricQ2'26Q1'26Q4'25Q3'25Q2'25Q1'25Q4'24Q3'24
Total Assets$4.3B+1.5%$4.3B+2.7%$4.2B+3.6%$4.0B+6.1%$3.8B+1.2%$3.7B+2.7%$3.6B+1.5%$3.6B
Current Assets$770.8M-0.2%$772.3M-4.6%$809.9M-0.9%$817.5M+15.3%$709.3M-3.1%$732.3M+8.4%$675.5M-2.6%$693.6M
Cash & Equivalents$223.9M-11.2%$252.2M-2.0%$257.3M-20.2%$322.4M+23.3%$261.4M-8.5%$285.7M+7.7%$265.2M-14.4%$309.7M
Inventory$436.8M+4.2%$419.2M-1.9%$427.1M+6.8%$399.9M+13.9%$351.1M+3.2%$340.3M-0.9%$343.3M+4.2%$329.5M
Goodwill$381.8M0.0%$381.8M0.0%$381.8M0.0%$381.8M0.0%$381.8M0.0%$381.8M0.0%$381.8M0.0%$381.8M
Total Liabilities$2.8B-0.2%$2.8B+2.9%$2.8B+6.9%$2.6B+6.3%$2.4B-1.0%$2.5B+5.7%$2.3B+3.4%$2.2B
Current Liabilities$777.3M-7.2%$837.8M-3.8%$870.8M+11.4%$781.5M+8.4%$721.0M-6.6%$772.0M+13.5%$680.0M+10.4%$616.0M
Total Equity$1.5B+4.6%$1.4B+2.2%$1.4B-2.2%$1.4B+5.8%$1.4B+5.3%$1.3B-2.6%$1.3B-1.6%$1.3B
Retained Earnings$642.2M+10.0%$583.7M+4.0%$561.1M-6.9%$602.6M+13.1%$532.6M+12.6%$473.1M-7.9%$513.7M-5.6%$543.9M

Not reported in any period shown, so not listed: Accounts Receivable, Long-Term Debt.

SFM Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

SFM quarterly cash flow statement
MetricQ2'26Q1'26Q4'25Q3'25Q2'25Q1'25Q4'24Q3'24
Operating Cash Flow$133.7M-43.2%$235.3M+69.8%$138.5M-17.1%$167.1M+50.2%$111.2M-62.8%$299.1M+139.5%$124.9M-40.3%$209.1M
Capital Expenditures$88.8M-12.3%$101.2M+40.1%$72.2M+29.5%$55.8M-8.3%$60.8M+2.3%$59.5M-13.4%$68.7M+30.2%$52.8M
Free Cash Flow$45.0M-66.5%$134.1M+102.2%$66.3M-40.4%$111.4M+120.9%$50.4M-79.0%$239.6M+326.5%$56.2M-64.1%$156.3M
Investing Cash Flow-$88.8M+12.3%-$101.2M-40.1%-$72.2M-29.5%-$55.8M+8.3%-$60.8M-2.3%-$59.5M+13.4%-$68.7M-30.2%-$52.8M
Financing Cash Flow-$73.2M+47.8%-$140.2M-7.1%-$130.9M-165.1%-$49.4M+33.8%-$74.6M+65.9%-$219.1M-117.6%-$100.7M-318.8%-$24.0M
Share Buybacks$70.0M-50.0%$140.0M+7.7%$130.0M+161.6%$49.7M-32.3%$73.5M-66.4%$218.8M+121.5%$98.8M+291.8%$25.2M

Not reported in any period shown, so not listed: Dividends Paid.

SFM Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

SFM quarterly financial ratios
MetricQ2'26Q1'26Q4'25Q3'25Q2'25Q1'25Q4'24Q3'24
Gross Margin38.7%-0.7pp39.4%+1.4pp38.0%-0.7pp38.7%-0.2pp38.9%-0.8pp39.6%+1.6pp38.1%0.0pp38.1%
Operating Margin7.5%-1.8pp9.2%+3.5pp5.7%-1.4pp7.1%-0.9pp8.1%-2.0pp10.1%+4.8pp5.3%-1.0pp6.3%
Net Margin5.5%-1.5pp7.0%+2.9pp4.2%-1.3pp5.5%-0.6pp6.0%-2.0pp8.1%+4.1pp4.0%-0.7pp4.7%
Return on Equity8.6%-2.8pp11.4%+5.0pp6.4%-2.0pp8.4%-1.5pp9.9%-4.1pp14.0%+8.0pp6.0%-0.8pp6.8%
Return on Assets3.0%-0.9pp3.8%+1.7pp2.2%-0.8pp3.0%-0.5pp3.5%-1.3pp4.8%+2.6pp2.2%-0.4pp2.5%
Current Ratio0.99+0.1x0.920.0x0.93-0.1x1.05+0.1x0.980.0x0.950.0x0.99-0.1x1.13
Debt-to-Equity1.89-0.1x1.980.0x1.96+0.2x1.800.0x1.79-0.1x1.90+0.1x1.75+0.1x1.67
FCF Margin1.9%-3.8pp5.8%+2.7pp3.1%-2.0pp5.1%+2.8pp2.3%-8.4pp10.7%+7.9pp2.8%-5.2pp8.0%

Note: The current ratio is below 1.0 (0.93), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Sprouts Farmers's annual revenue?

Sprouts Farmers (SFM) reported $8.8B in total revenue for fiscal year 2025. This represents a 14.1% 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 Sprouts Farmers's revenue growing?

Sprouts Farmers (SFM) revenue grew by 14.1% year-over-year, from $7.7B to $8.8B in fiscal year 2025.

Is Sprouts Farmers profitable?

Yes, Sprouts Farmers (SFM) reported a net income of $523.7M in fiscal year 2025, with a net profit margin of 5.9%.

Sprouts Farmers (SFM) reported diluted earnings per share of $5.31 for fiscal year 2025. This represents a 41.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Sprouts Farmers (SFM) had EBITDA of $843.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

Sprouts Farmers (SFM) had a gross margin of 38.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Sprouts Farmers (SFM) had an operating margin of 7.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Sprouts Farmers (SFM) had a net profit margin of 5.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Sprouts Farmers (SFM) has a return on equity of 37.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Sprouts Farmers (SFM) generated $467.7M in free cash flow during fiscal year 2025. This represents a 12.8% 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.

Sprouts Farmers (SFM) generated $716.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Sprouts Farmers (SFM) had $4.2B in total assets as of fiscal year 2025, including both current and long-term assets.

Sprouts Farmers (SFM) invested $248.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Yes, Sprouts Farmers (SFM) spent $471.9M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Sprouts Farmers (SFM) had 95M shares outstanding as of fiscal year 2025.

Sprouts Farmers (SFM) had a current ratio of 0.93 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

Sprouts Farmers (SFM) had a debt-to-equity ratio of 1.96 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Sprouts Farmers (SFM) had a return on assets of 12.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Sprouts Farmers (SFM) has an Altman Z-Score of 4.49, 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.

Sprouts Farmers (SFM) has a Piotroski F-Score of 6 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.

Sprouts Farmers (SFM) has an earnings quality ratio of 1.37x, considered cash-backed (high quality). 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.

Sprouts Farmers (SFM) scores 53 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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