Filing Flows › Sprouts Farmers Market (SFM) › Q1 2025
Sprouts Farmers Market (SFM) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 30, 2025
Sprouts Farmers Market (SFM) reported revenue of $2.2B for the first quarter 2025 (Q1 2025), +19% from a year earlier and +12% from the quarter before. Operating margin was 10.1%, net earnings $180M (8.0% of revenue).
Sprouts Farmers Market, Q1 2025: revenue $2.2B (+19% year over year), operating margin 10.1%, net earnings $180M, operating cash flow $299M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2B | +12% | +19% |
| Gross profit | $886M | +17% | +23% |
| Operating profit | $226M | +113% | +53% |
| Net earnings | $180M | +126% | +58% |
| Operating cash flow | $299M | +140% | +36% |
| Free cash flow | $240M | +327% | +42% |
What changed
Revenue was $2.2B in Q1 2025, up 19% year over year and up 12% from the previous quarter. Perishables was the largest line at 57% of revenue. Perishables added $0.20B year over year (up 19%), 57% of the total change.
Gross margin was 39.6%, up 1.3 points from a year earlier. Operating profit was $0.23B, a 10.1% margin (up 2.2 points year over year). Of the extra revenue versus a year earlier, 22% reached operating profit, above the 8% margin then. Operating expenses grew 15% against revenue growth of 19%. The fastest-growing cost line was SG&A (+15%). Net earnings were $0.18B, up 58% year over year. The effective tax rate was 20.8%.
Operating cash flow was $0.30B (up 36% year over year), 166% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.08B. Capital expenditures of $0.06B left free cash flow of $0.24B.
Questions
What was Sprouts Farmers Market's revenue in the first quarter 2025?
Sprouts Farmers Market (SFM) reported revenue of $2.2B for the first quarter 2025 (Q1 2025), +19% from a year earlier and +12% from the quarter before.
Was Sprouts Farmers Market profitable in the first quarter 2025?
Operating profit was $226M (10.1% of revenue) and net earnings $180M.