Filing Flows › Sprouts Farmers Market (SFM) › Q2 2025
Sprouts Farmers Market (SFM) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 30, 2025
Sprouts Farmers Market (SFM) reported revenue of $2.2B for the second quarter 2025 (Q2 2025), +17% from a year earlier and -0.7% from the quarter before. Operating margin was 8.1%, net earnings $134M (6.0% of revenue).
Sprouts Farmers Market, Q2 2025: revenue $2.2B (+17% year over year), operating margin 8.1%, net earnings $134M, operating cash flow $111M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2B | -0.7% | +17% |
| Gross profit | $863M | -3% | +20% |
| Operating profit | $179M | -21% | +41% |
| Net earnings | $134M | -26% | +40% |
| Operating cash flow | $111M | -63% | +21% |
| Free cash flow | $50.4M | -79% | +49% |
What changed
Revenue was $2.2B in Q2 2025, up 17% year over year and down 1% from the previous quarter. Perishables was the largest line at 57% of revenue. Perishables added $0.18B year over year (up 17%), 55% of the total change.
Gross margin was 38.8%, up 0.9 points from a year earlier. Operating profit was $0.18B, a 8.1% margin (up 1.4 points year over year). Of the extra revenue versus a year earlier, 16% reached operating profit, above the 7% margin then. Operating expenses grew 16% against revenue growth of 17%. The fastest-growing cost line was SG&A (+16%). Net earnings were $0.13B, up 40% year over year. The effective tax rate was 25.6%.
Operating cash flow was $0.11B (up 21% year over year), 83% 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 used $0.07B. Capital expenditures of $0.06B left free cash flow of $0.05B.
Questions
What was Sprouts Farmers Market's revenue in the second quarter 2025?
Sprouts Farmers Market (SFM) reported revenue of $2.2B for the second quarter 2025 (Q2 2025), +17% from a year earlier and -0.7% from the quarter before.
Was Sprouts Farmers Market profitable in the second quarter 2025?
Operating profit was $179M (8.1% of revenue) and net earnings $134M.