Filing Flows › Grocery Outlet Holding (GO) › Q1 2026 › vs Q4 2025
Grocery Outlet Holding (GO) Q1 2026 vs Q4 2025 (quarter over quarter)
Grocery Outlet Holding's revenue fell $48.9M (-4%) from $1.2B in Q4 2025 to $1.2B in Q1 2026. The biggest changes: Non-Perishable −$47.3M (-6%); Perishable −$1.6M (-0.4%).
Grocery Outlet Holding, Q1 2026: revenue $1.2B (+4% year over year), operating margin -15.3%, net loss $180M, operating cash flow $52.6M. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Non-Perishable | $725M | $773M | −$47.3M | -6% |
| Perishable | $441M | $443M | −$1.6M | -0.4% |
| Revenue | $1.2B | $1.2B | −$48.9M | -4% |
| Income tax benefit | $4.1M | $24.3M | −$20.3M | -83% |
| Net loss | $180M | $218M | −$37.8M | -17% |
| Costs & expenses | $1.4B | $1.5B | −$107M | -7% |
| Operating costs | $1.3B | $1.5B | −$106M | -7% |
| Interest & other, net | $6.4M | $7.7M | −$1.3M | -17% |
| Cost of revenue | $821M | $854M | −$33.1M | -4% |
| SG&A | $347M | $333M | $13.6M | +4% |
| Other operating costs | $176M | $262M | −$86.2M | -33% |
| Operating cash sources | $233M | $290M | −$57.6M | -20% |
| Depreciation | $24.9M | $29.5M | −$4.6M | -16% |
| Share-based compensation | $3.8M | $3.1M | $672K | +22% |
| Working capital & other | $204M | $258M | −$53.6M | -21% |
| Net loss absorbed | $180M | $218M | −$37.8M | -17% |
| Operating cash flow | $52.6M | $72.3M | −$19.7M | -27% |
| Capital expenditures | $52.8M | $39.8M | $12.9M | +32% |
| Negative free cash flow (OCF − capex) | $193K | −$32.5M | $32.7M | — |
Questions
How much did Grocery Outlet Holding's revenue grow quarter over quarter in Q1 2026?
Grocery Outlet Holding's revenue fell $48.9M (-4%) from $1.2B in Q4 2025 to $1.2B in Q1 2026.
What drove Grocery Outlet Holding's revenue change in Q1 2026?
Non-Perishable −$47.3M (-6%); Perishable −$1.6M (-0.4%).