Filing Flows › Grocery Outlet Holding (GO) › Q2 2025
Grocery Outlet Holding (GO) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Grocery Outlet Holding (GO) reported revenue of $1.2B for the second quarter 2025 (Q2 2025), +5% from a year earlier and +5% from the quarter before. Operating margin was 1.1%, net earnings $5.0M (0.4% of revenue).
Grocery Outlet Holding, Q2 2025: revenue $1.2B (+4% year over year), operating margin 1.1%, net earnings $5.0M, operating cash flow $73.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | +5% | +5% |
| Gross profit | $361M | +5% | +3% |
| Operating profit | $12.8M | — | -51% |
| Net earnings | $5.0M | — | -65% |
| Operating cash flow | $73.6M | +25% | +77% |
| Free cash flow | $14.4M | — | +427% |
What changed
Revenue was $1.2B in Q2 2025, up 5% year over year and up 5% from the previous quarter. Non-Perishable was the largest line at 62% of revenue. Perishable added $0.03B year over year (up 6%), 52% of the total change.
Gross margin was 30.6%, down 0.4 points from a year earlier. Operating profit was $0.01B, a 1.1% margin (down 1.2 points year over year). Operating profit fell $0.01B even though revenue rose $0.05B versus a year earlier, so costs grew faster than sales. Operating expenses grew 8% against revenue growth of 5%. Net earnings were $5.0M, down 65% year over year. The effective tax rate was 20.3%.
Operating cash flow was $0.07B (up 77% year over year), 1484% of net earnings. Non-cash charges added back $0.03B of depreciation and $2.0M of share-based compensation. Working capital and other items added $0.04B. Capital expenditures of $0.06B left free cash flow of $0.01B.
Questions
What was Grocery Outlet Holding's revenue in the second quarter 2025?
Grocery Outlet Holding (GO) reported revenue of $1.2B for the second quarter 2025 (Q2 2025), +5% from a year earlier and +5% from the quarter before.
Was Grocery Outlet Holding profitable in the second quarter 2025?
Operating profit was $12.8M (1.1% of revenue) and net earnings $5.0M.