Sow Good Inc. (SOWG) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 22, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 19, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SOWG SEC filings page.
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).
Through FY2023, rapid sales expansion still did not fund operations, leaving the business dependent on financing rather than internally generated cash.
Revenue expanded3653.7% from FY2022 to FY2023, yet operating cash flow remained-$4.8M , showing that scale had not translated into cash self-funding. Financing cash flow reached$9.2M while operating income remained a loss of$1.2M , so external capital was still carrying the operating model.
FY2023 gross margin was
Liabilities were
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 -41.28, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $103.1M against total assets of $3.8M. 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. earned -$0.19 per diluted share (EPS) in Q2 2026. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
Sow Good Inc. held $8K in cash as of Q2 2026; no long-term debt figure is on record for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
None of these metrics is reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
SOWG 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 | N/A | N/A | N/A | $1.6M-56.3% | $1.9M-88.1% | $2.5M-78.3% | N/A | $3.6M-29.4% |
| Cost of Revenue | N/A | N/A | N/A | $10.5M+250.2% | $2.0M-70.1% | $1.4M-79.7% | N/A | $3.0M-18.9% |
| Gross Profit | N/A | N/A | N/A | -$8.9M-1709.3% | -$130K-101.4% | $1.1M-76.2% | N/A | $556K-58.4% |
| SG&A Expenses | N/A | $1.7M+6.7% | N/A | $3.6M-4.4% | $1.1M-72.1% | $1.6M-57.2% | N/A | $3.8M+284.9% |
| Operating Income | N/A | -$1.7Mn/m | N/A | -$12.6Mn/m | -$1.2M-123.7% | -$1.6M-270.7% | N/A | -$3.3M-1064.6% |
| EBITDA | N/A | -$1.7Mn/m | N/A | -$12.6Mn/m | -$1.1M-123.5% | -$1.5M-232.3% | N/A | -$3.2M-1036.3% |
| Interest Expense | $105K-7.0% | $244K-33.3% | N/A | $93K-58.6% | $113K-81.1% | $365K-12.8% | N/A | $225K+6082.2% |
| Income Tax | N/A | N/A | N/A | $0n/m | $0-100.0% | $0n/m | N/A | -$62Kn/m |
| Net Income | N/A | -$2.5Mn/m | N/A | -$10.9Mn/m | -$4.2M-225.5% | -$2.8M-639.3% | N/A | -$3.4M-1112.0% |
| EPS (Basic) | -$0.19 | -$0.13 | -$1.93n/m | -$0.90n/m | -$5.43 | -$3.40 | -$0.45 | -$0.33 |
| EPS (Diluted) | -$0.19 | -$0.13 | -$1.93n/m | -$0.90n/m | -$5.43 | -$3.40 | -$0.45 | -$0.33 |
| Diluted Shares (Avg) | 20M | 20M | N/A | 12M+19.1% | 770,918 | 756,611 | N/A | 10M |
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. 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 | $421K-99.2% | $3.0M-94.2% | $3.8M-93.1% | $25.6M-55.7% | $50.0M-17.0% | $52.7M+88.9% | $54.7M+154.5% | $57.7M+326.6% |
| Current Assets | $383K-98.3% | $3.0M-88.0% | $3.4M-86.5% | $13.0M-54.0% | $22.8M-29.2% | $24.6M+52.0% | $25.1M+141.6% | $28.4M+383.2% |
| Cash & Equivalents | $8K-99.1% | $2.3M+43.6% | $1.5M-60.4% | $387K-94.4% | $959K-93.3% | $1.6M-76.3% | $3.7M+54.5% | $6.9M+231.3% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Inventory | $5K-100.0% | $5K-100.0% | $23Kn/m | $11.5M-40.7% | $20.8M+101.6% | $21.1M+311.5% | $0-100.0% | $19.4M+767.3% |
| Accounts Receivable | $3K-99.6% | $3K-99.8% | N/A | $175K-85.8% | $701K-88.7% | $1.3M-54.6% | $460K-82.2% | $1.2M-11.2% |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Total Liabilities | $5.8M-73.1% | $4.5M-79.5% | $6.3M-72.1% | $6.5M-73.9% | $21.4M-14.9% | $21.9M+46.2% | $22.7M+59.8% | $24.8M+133.3% |
| Current Liabilities | $5.6M+4.0% | $4.3M-35.6% | $6.2M-16.0% | $3.2M-63.0% | $5.4M-14.3% | $6.8M+3.2% | $7.4M+27.6% | $8.7M+218.5% |
| Non-Current Liabilities | $150K-99.1% | $150K-99.0% | $150K-99.0% | $3.3M-79.8% | $16.0M-15.1% | $15.2M+79.5% | $15.3M+81.9% | $16.2M+104.0% |
| Total Equity | -$5.3M-118.7% | -$1.5M-104.7% | -$2.6M-108.0% | $19.1M-41.8% | $28.6M-18.4% | $30.8M+138.7% | $32.0M+339.4% | $32.8M+1043.7% |
| Retained Earnings | -$109.5Mn/m | -$105.6Mn/m | -$103.1Mn/m | -$80.1Mn/m | -$69.2Mn/m | -$65.0Mn/m | -$62.4Mn/m | -$58.3Mn/m |
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. 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 | N/A | -$1.7Mn/m | N/A | -$820Kn/m | -$514Kn/m | -$2.0M-254.2% | N/A | -$5.2Mn/m |
| Depreciation & Amortization | $3K-70.9% | $3K-98.2% | N/A | $9K0.0% | $9K+73.8% | $136K-18.6% | N/A | $9K-7.3% |
| Stock-Based Compensation | N/A | -$135K | N/A | $264K | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | $248Kn/m | -$141Kn/m | -$108Kn/m | N/A | -$2.2Mn/m |
| Financing Cash Flow | $296Kn/m | $2.5Mn/m | N/A | $0n/m | $0-100.0% | $0-100.0% | N/A | $0-100.0% |
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. 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 | N/A | N/A | N/A | -576.1% | -7.0%-64.5pp | 44.5%+3.9pp | N/A | 15.6%-10.9pp |
| Operating Margin | N/A | N/A | N/A | -812.4% | -62.4%-93.6pp | -64.0%-72.2pp | N/A | -91.6%-98.3pp |
| Net Margin | N/A | N/A | N/A | -704.1% | -225.5% | -111.2% | N/A | -95.1%-101.7pp |
| Return on Equity | N/A | N/A | N/A | -57.3%-47.0pp | -14.6%-24.2pp | -8.9%-12.9pp | N/A | -10.3%-21.9pp |
| Return on Assets | N/A | -81.7%-76.5pp | N/A | -42.8%-36.9pp | -8.4%-13.9pp | -5.2%-7.1pp | N/A | -5.9%-8.3pp |
| Current Ratio | 0.07-4.2x | 0.68-3.0x | 0.55-2.9x | 4.06+0.8x | 4.23-0.9x | 3.65+1.2x | 3.40+1.6x | 3.27+1.1x |
| Liabilities-to-Equity | N/A | N/A | N/A | 0.34-0.4x | 0.750.0x | 0.71-0.5x | 0.71-1.2x | 0.76-3.0x |
| Asset Turnover | N/A | N/A | N/A | 0.060.0x | 0.04-0.2x | 0.05-0.4x | N/A | 0.06-0.3x |
Not reported in any period shown, so not listed: Debt-to-Equity, 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 the debt-to-equity, liabilities-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.
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 |
|---|---|---|---|---|---|---|
| Sow Good Inc. SOWG | FY2025 | $0 | N/A | N/A | $38.1M | — |
| Rocky Mountain Chocolate Factory, Inc. RMCF | FY2026 | $27.5M | -$4.6M | -16.6% | $8.4M | 36/100 |
| Ambow Education Holding Ltd. AMBO | FY2025 | $9.5M | $1.4M | 14.3% | $4.5M | 29/100 |
| KAIVAL BRANDS INNVTNS GRP KAVL | FY2025 | $485K | N/A | N/A | $471K | — |
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. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. 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.
What is Sow Good Inc.'s P/E ratio?
Sow Good Inc. (SOWG) has no price-to-earnings ratio at the moment: no net income reported. The market capitalization is $38.1M as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Sow Good Inc.'s price-to-sales ratio?
Sow Good Inc. (SOWG) has no price-to-sales ratio at the moment: revenue is not positive (FY2025). The market capitalization is $38.1M as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
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 or liabilities-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 -41.28, 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.