Sow Good Inc Financials
Sow Good Inc (SOWG) reported $0 in revenue for fiscal year 2025. 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).
Rapid revenue scaling has not yet translated into self-funding operations, leaving growth dependent on external financing.
FY2023 revenue reached$16.1M , but operating cash flow remained negative at-$4.8M ; inventory and receivables together stood at roughly$6.7M , twice gross profit. That combination suggests cash was absorbed by building the operating base rather than converted from sales into internally generated funding.
Revenue expanded sharply from
FY2023 financing cash flow was
Financial Health Signals
Sow Good Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Sow Good Inc scores -38.63, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($66.1M) relative to total liabilities ($6.3M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Sow Good Inc reported an operating loss of $6.6M against $160K 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
Sow Good Inc generated $0 in revenue in fiscal year 2025.
Sow Good Inc's EBITDA was -$6.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 40.6% from the prior year.
Sow Good Inc earned -$3.44 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 760.0% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Sow Good Inc held $1.5M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
None of these metrics is reported for fiscal year 2025.
Capital Allocation
None of these metrics is reported for fiscal year 2025.
SOWG Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | $1.6M-16.3% | $1.9M-25.1% | $2.5M | N/A | $3.6M |
| Cost of Revenue | N/A | N/A | N/A | $10.5M+428.7% | $2.0M+44.5% | $1.4M | N/A | $3.0M |
| Gross Profit | N/A | N/A | N/A | -$8.9M-6798.1% | -$130K-111.8% | $1.1M | N/A | $556K |
| SG&A Expenses | N/A | $1.7M | N/A | $3.6M+216.6% | $1.1M-27.2% | $1.6M | N/A | $3.8M |
| Operating Income | N/A | -$1.7M | N/A | -$12.6M-990.1% | -$1.2M+27.0% | -$1.6M | N/A | -$3.3M |
| Interest Expense | $105K-56.8% | $244K | N/A | $93K-17.6% | $113K-69.0% | $365K | N/A | $225K |
| Income Tax | N/A | N/A | N/A | $0 | $0 | $0 | N/A | -$62K |
| Net Income | N/A | -$2.5M | N/A | -$10.9M-161.2% | -$4.2M-52.0% | -$2.8M | N/A | -$3.4M |
| EPS (Diluted) | -$0.19-46.2% | -$0.13+93.3% | -$1.93-114.4% | -$0.90 | -$5.43-59.7% | -$3.40-655.6% | -$0.45-36.4% | -$0.33 |
Not reported in any period shown, so not listed: R&D Expenses.
SOWG Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $421K-86.2% | $3.0M-19.3% | $3.8M-85.2% | $25.6M-48.8% | $50.0M-5.2% | $52.7M-3.6% | $54.7M-5.2% | $57.7M |
| Current Assets | $383K-87.0% | $3.0M-12.9% | $3.4M-74.0% | $13.0M-42.8% | $22.8M-7.4% | $24.6M-1.8% | $25.1M-11.7% | $28.4M |
| Cash & Equivalents | $8K-99.6% | $2.3M+57.3% | $1.5M+280.7% | $387K-59.6% | $959K-40.6% | $1.6M-56.6% | $3.7M-46.4% | $6.9M |
| Inventory | $5K0.0% | $5K-78.5% | $23K-99.8% | $11.5M-44.6% | $20.8M-1.6% | $21.1M | $0-100.0% | $19.4M |
| Accounts Receivable | $3K0.0% | $3K | N/A | $175K-75.1% | $701K-47.4% | $1.3M+189.6% | $460K-62.7% | $1.2M |
| Total Liabilities | $5.8M+27.9% | $4.5M-29.0% | $6.3M-2.2% | $6.5M-69.7% | $21.4M-2.4% | $21.9M-3.4% | $22.7M-8.6% | $24.8M |
| Current Liabilities | $5.6M+28.8% | $4.3M-29.7% | $6.2M+92.4% | $3.2M-40.3% | $5.4M-20.2% | $6.8M-8.3% | $7.4M-15.3% | $8.7M |
| Total Equity | -$5.3M-267.4% | -$1.5M+43.4% | -$2.6M-113.4% | $19.1M-33.2% | $28.6M-7.2% | $30.8M-3.7% | $32.0M-2.5% | $32.8M |
| Retained Earnings | -$109.5M-3.7% | -$105.6M-2.4% | -$103.1M-28.6% | -$80.1M-15.8% | -$69.2M-6.4% | -$65.0M-4.1% | -$62.4M-7.2% | -$58.3M |
Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.
SOWG Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | -$1.7M | N/A | -$820K-59.5% | -$514K+74.3% | -$2.0M | N/A | -$5.2M |
| Investing Cash Flow | N/A | N/A | N/A | $248K+275.5% | -$141K-31.1% | -$108K | N/A | -$2.2M |
| Financing Cash Flow | $296K-88.3% | $2.5M | N/A | $0 | $0 | $0 | N/A | $0 |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
SOWG Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | -576.1% | -7.0%-51.5pp | 44.5% | N/A | 15.6% |
| Operating Margin | N/A | N/A | N/A | -812.4% | -62.4%+1.7pp | -64.0% | N/A | -91.6% |
| Net Margin | N/A | N/A | N/A | -704.1% | -225.5% | -111.2% | N/A | -95.1% |
| Return on Equity | N/A | N/A | N/A | -57.3%-42.6pp | -14.6%-5.7pp | -8.9% | N/A | -10.3% |
| Return on Assets | N/A | -81.7% | N/A | -42.8%-34.4pp | -8.4%-3.2pp | -5.2% | N/A | -5.9% |
| Current Ratio | 0.07-0.6x | 0.68+0.1x | 0.55-3.5x | 4.06-0.2x | 4.23+0.6x | 3.65+0.2x | 3.40+0.1x | 3.27 |
| Debt-to-Equity | N/A | N/A | N/A | 0.34-0.4x | 0.750.0x | 0.710.0x | 0.710.0x | 0.76 |
Not reported in any period shown, so not listed: FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Gross Margin, Operating Margin, Net Margin.
Note: Shareholder equity is negative (-$2.6M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.55), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Where Sow Good Inc Ranks
Frequently Asked Questions
What is Sow Good Inc's annual revenue?
Sow Good Inc (SOWG) reported $0 in total revenue for fiscal year 2025. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
What is Sow Good Inc's EBITDA?
Sow Good Inc (SOWG) had EBITDA of -$6.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Sow Good Inc's operating cash flow?
Sow Good Inc (SOWG) recorded an outflow of $4.3M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Sow Good Inc's total assets?
Sow Good Inc (SOWG) had $3.8M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Sow Good Inc's current ratio?
Sow Good Inc (SOWG) had a current ratio of 0.55 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
How does Sow Good Inc's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Sow Good Inc (SOWG) held $1.5M in cash, cash equivalents and investments, and reported an operating cash outflow of $4.3M over that year. Dividing the one by the other, the reported balance equals about 4 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Why is Sow Good Inc's debt-to-equity ratio negative or not reported?
Sow Good Inc (SOWG) has negative shareholder equity of -$2.6M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Sow Good Inc's Altman Z-Score?
Sow Good Inc (SOWG) has an Altman Z-Score of -38.63, placing it in the Distress Zone (elevated 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.
Can Sow Good Inc cover its interest payments?
Sow Good Inc (SOWG) reported an operating loss of $6.6M against $160K 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.