Filing Flows › Sprouts Farmers Market (SFM) › Q3 2026 › vs Q2 2026
Sprouts Farmers Market (SFM) Q3 2026 vs Q2 2026 (quarter over quarter)
Sprouts Farmers Market's revenue fell $21.1M (-0.9%) from $2.3B in Q2 2026 to $2.3B in Q3 2026. The biggest changes: Non-Perishables −$11.0M (-1%); Perishables −$10.1M (-0.8%). Gross margin 38.2% against 38.7% (-0.5 pts).
Sprouts Farmers Market, Q3 2026: revenue $2.3B (+5% year over year), operating margin 6.6%, net earnings $113M, operating cash flow $186M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 38.2% | 38.7% | -0.5 pts |
| Operating margin | 6.6% | 7.5% | -0.9 pts |
| Net margin | 4.9% | 5.6% | -0.6 pts |
| Free cash flow margin | 4.0% | 1.9% | +2.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Perishables | $1.3B | $1.3B | −$10.1M | -0.8% |
| Non-Perishables | $985M | $996M | −$11.0M | -1% |
| Revenue | $2.3B | $2.3B | −$21.1M | -0.9% |
| Gross profit | $881M | $901M | −$19.9M | -2% |
| Cost of revenue | $1.4B | $1.4B | −$1.2M | -0.1% |
| Operating profit | $153M | $174M | −$21.4M | -12% |
| Operating expenses | $728M | $726M | $1.5M | +0.2% |
| Pre-tax earnings | $151M | $174M | −$22.7M | -13% |
| SG&A | $683M | $683M | $629K | +0.1% |
| Other operating costs | $44.7M | $43.8M | $906K | +2% |
| Net earnings | $113M | $129M | −$15.8M | -12% |
| Income tax | $37.9M | $44.9M | −$7.0M | -16% |
| Depreciation & amortization | $47.7M | $45.7M | $2.0M | +4% |
| Share-based compensation | $3.8M | $7.1M | −$3.3M | -47% |
| Working capital & other | $21.2M | −$48.3M | $69.5M | — |
| Operating cash flow | $186M | $134M | $52.4M | +39% |
| Free cash flow (OCF − capex) | $91.8M | $45.0M | $46.9M | +104% |
| Capital expenditures | $94.3M | $88.8M | $5.5M | +6% |
Questions
How much did Sprouts Farmers Market's revenue grow quarter over quarter in Q3 2026?
Sprouts Farmers Market's revenue fell $21.1M (-0.9%) from $2.3B in Q2 2026 to $2.3B in Q3 2026.
What drove Sprouts Farmers Market's revenue change in Q3 2026?
Non-Perishables −$11.0M (-1%); Perishables −$10.1M (-0.8%).