Grocery Outlet (GO) Financials

$7.82 -0.37 (-4.46%)

As of 01:43 PM Eastern

Annual Income Statements for Grocery Outlet

This table shows Grocery Outlet's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/29/2018	12/28/2019	1/2/2021	1/1/2022	12/31/2022	12/30/2023	12/28/2024	1/3/2026
Net Income / (Loss) Attributable to Common Shareholders	16	15	107	62	65	79	39	-225
Consolidated Net Income / (Loss)	16	15	107	62	65	79	39	-225
Net Income / (Loss) Continuing Operations	16	15	107	62	65	79	39	-225
Total Pre-Tax Income	22	17	87	78	76	104	56	-249
Total Operating Income	82	68	107	89	95	126	78	-222
Total Gross Profit	695	787	973	949	1,092	1,242	1,322	1,419
Total Revenue	2,288	2,560	3,135	3,080	3,578	3,969	4,372	4,689
Operating Revenue	2,288	2,560	3,135	3,080	3,578	3,969	4,372	4,689
Total Cost of Revenue	1,592	1,773	2,161	2,131	2,486	2,728	3,050	3,269
Operating Cost of Revenue	1,592	1,773	2,161	2,131	2,486	2,728	3,050	3,269
Total Operating Expenses	613	719	866	860	997	1,116	1,244	1,641
Selling, General & Admin Expense	557	639	772	860	997	1,116	1,228	1,332
Impairment Charge	-	-	-	-	-	0.00	0.00	263
Restructuring Charge	-	-	-	-	-	0.00	16	46
Total Other Income / (Expense), net	-61	-52	-20	-12	-19	-22	-22	-27
Interest & Investment Income	-55	-46	-20	-16	-18	-16	-22	-27
Other Income / (Expense), net	-	0.00	0.00	3.97	-1.27	-5.34	0.00	0.00
Income Tax Expense	5.98	1.36	-20	15	11	25	17	-24
Basic Earnings per Share	$0.24	$0.20	$1.16	$0.65	$0.67	$0.80	$0.40	($2.30)
Weighted Average Basic Shares Outstanding	68.47M	79.04M	91.82M	95.73M	96.81M	98.71M	98.71M	97.99M
Diluted Earnings per Share	$0.23	$0.19	$1.08	$0.63	$0.65	$0.79	$0.40	($2.30)
Weighted Average Diluted Shares Outstanding	68.55M	81.86M	98.45M	99.42M	100.16M	100.83M	99.62M	97.99M
Weighted Average Basic & Diluted Shares Outstanding	-	-	95.25M	96.04M	97.68M	99.23M	97.36M	98.15M

This table shows Grocery Outlet's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	7/1/2023	9/30/2023	12/30/2023	3/30/2024	6/29/2024	9/28/2024	12/28/2024	3/29/2025	6/28/2025	9/27/2025	1/3/2026
Net Income / (Loss) Attributable to Common Shareholders	24	27	14	-1.03	14	24	2.31	-23	4.96	12	-218
Consolidated Net Income / (Loss)	24	27	14	-1.03	14	24	2.31	-23	4.96	12	-218
Net Income / (Loss) Continuing Operations	24	27	14	-1.03	14	24	2.31	-23	4.96	12	-218
Total Pre-Tax Income	32	33	17	-2.61	21	34	4.39	-29	6.23	16	-243
Total Operating Income	36	38	19	0.56	26	40	11	-23	13	23	-235
Total Gross Profit	327	316	299	304	349	345	324	342	361	355	361
Total Revenue	1,010	1,004	990	1,037	1,129	1,108	1,098	1,126	1,180	1,168	1,215
Operating Revenue	1,010	1,004	990	1,037	1,129	1,108	1,098	1,126	1,180	1,168	1,215
Total Cost of Revenue	684	688	691	733	779	763	774	783	819	813	854
Operating Cost of Revenue	684	688	691	733	779	763	774	783	819	813	854
Total Operating Expenses	290	278	280	303	323	305	313	365	348	332	596
Selling, General & Admin Expense	290	278	280	303	323	305	313	331	337	331	333
Restructuring Charge	-	-	-	0.00	0.00	0.00	-	34	11	1.30	-0.43
Total Other Income / (Expense), net	-4.77	-4.23	-1.45	-3.18	-5.56	-6.44	-6.98	-6.52	-6.54	-6.71	-7.71
Interest & Investment Income	-4.77	-4.23	-1.45	-3.18	-5.56	-6.44	-6.98	-6.52	-6.54	-6.71	-7.71
Income Tax Expense	7.24	6.19	3.37	-1.59	6.55	9.67	2.08	-5.71	1.27	4.51	-24
Basic Earnings per Share	$0.25	$0.27	$0.14	($0.01)	$0.14	$0.25	$0.02	($0.24)	$0.05	$0.12	($2.23)
Weighted Average Basic Shares Outstanding	98.52M	99.11M	98.71M	99.52M	99.54M	98.36M	98.71M	97.52M	98.08M	98.16M	97.99M
Diluted Earnings per Share	$0.24	$0.27	$0.14	($0.01)	$0.14	$0.24	$0.03	($0.24)	$0.05	$0.12	($2.23)
Weighted Average Diluted Shares Outstanding	100.64M	100.97M	100.83M	99.52M	100.37M	98.93M	99.62M	97.52M	98.46M	98.71M	97.99M
Weighted Average Basic & Diluted Shares Outstanding	98.78M	99.27M	99.23M	99.86M	97.99M	97.14M	97.36M	98.03M	98.10M	98.14M	98.15M

This table details how cash moves in and out of Grocery Outlet's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/29/2018	12/28/2019	1/2/2021	1/1/2022	12/31/2022	12/30/2023	12/28/2024	1/3/2026
Net Change in Cash & Equivalents	15	7.04	77	35	-37	12	-52	6.77
Net Cash From Operating Activities	106	133	181	166	186	303	112	222
Net Cash From Continuing Operating Activities	106	133	181	166	186	303	112	222
Net Income / (Loss) Continuing Operations	16	15	107	62	65	79	39	-225
Consolidated Net Income / (Loss)	16	15	107	62	65	79	39	-225
Depreciation Expense	37	43	51	63	70	77	91	108
Amortization Expense	14	9.78	9.75	10	10	12	18	24
Non-Cash Adjustments To Reconcile Net Income	18	42	51	33	59	57	37	329
Changes in Operating Assets and Liabilities, net	21	23	-37	-2.92	-19	78	-74	-13
Net Cash From Investing Activities	-74	-108	-134	-137	-150	-194	-274	-230
Net Cash From Continuing Investing Activities	-74	-108	-134	-137	-150	-194	-274	-230
Purchase of Property, Plant & Equipment	-65	-97	-125	-123	-130	-169	-187	-198
Acquisitions	-3.17	-3.07	-5.86	-9.77	-17	-23	-81	-22
Sale of Property, Plant & Equipment	1.09	0.59	0.27	0.04	0.04	0.02	0.00	0.04
Other Investing Activities, net	-6.71	-8.34	-3.27	-3.59	-2.90	-2.20	-6.59	-9.39
Net Cash From Financing Activities	-17	-18	30	5.89	-73	-97	110	14
Net Cash From Continuing Financing Activities	-17	-18	30	5.89	-73	-97	110	14
Repayment of Debt	-735	-416	-92	-1.16	-76	-422	-7.58	-56
Repurchase of Common Equity	0.00	-7.06	0.00	0.00	-3.45	-5.89	-81	0.00
Payment of Dividends	-154	-3.65	-0.43	-0.19	-0.11	-0.02	0.00	0.00
Issuance of Debt	872	0.00	90	0.00	0.00	325	190	70
Issuance of Common Equity	0.03	412	33	7.23	6.89	5.96	8.85	0.70
Other Financing Activities, net	-0.03	-2.81	-0.48	0.00	0.00	-0.54	0.00	0.00
Cash Interest Paid	47	49	20	15	19	23	26	33
Cash Income Taxes Paid	0.29	-0.07	5.19	0.48	-1.72	7.56	3.38	2.28

This table details how cash moves in and out of Grocery Outlet's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	7/1/2023	9/30/2023	12/30/2023	3/30/2024	6/29/2024	9/28/2024	12/28/2024	3/29/2025	6/28/2025	9/27/2025	1/3/2026
Net Change in Cash & Equivalents	5.46	68	-41	-48	0.18	1.59	-5.83	-12	4.28	-3.07	17
Net Cash From Operating Activities	69	119	27	7.84	42	23	39	59	74	17	72
Net Cash From Continuing Operating Activities	69	119	27	7.84	42	23	39	59	74	17	72
Net Income / (Loss) Continuing Operations	24	27	14	-1.03	14	24	2.31	-23	4.96	12	-218
Consolidated Net Income / (Loss)	24	27	14	-1.03	14	24	2.31	-23	4.96	12	-218
Depreciation Expense	19	19	21	21	23	23	24	25	26	27	30
Amortization Expense	2.69	3.07	3.94	4.16	4.27	4.78	5.17	5.15	5.71	6.36	6.49
Non-Cash Adjustments To Reconcile Net Income	16	19	3.12	12	14	9.17	2.42	18	24	8.21	279
Changes in Operating Assets and Liabilities, net	8.13	51	-15	-28	-13	-38	5.58	34	13	-36	-24
Net Cash From Investing Activities	-38	-53	-63	-51	-104	-50	-68	-69	-67	-46	-47
Net Cash From Continuing Investing Activities	-38	-53	-63	-51	-104	-50	-68	-69	-67	-46	-47
Purchase of Property, Plant & Equipment	-33	-47	-56	-46	-39	-42	-59	-60	-59	-39	-40
Acquisitions	-4.37	-5.55	-5.14	-2.99	-64	-6.51	-7.02	-4.83	-5.97	-5.57	-5.62
Sale of Property, Plant & Equipment	0.00	-	-	-	-	0.02	-0.02	-	-	-	0.04
Other Investing Activities, net	-0.24	-0.50	-1.92	-1.63	-1.22	-1.53	-2.20	-3.40	-2.29	-2.00	-1.70
Net Cash From Financing Activities	-26	1.94	-4.77	-5.06	63	29	23	-2.17	-1.87	26	-7.71
Net Cash From Continuing Financing Activities	-26	1.94	-4.77	-5.06	63	29	23	-2.17	-1.87	26	-7.71
Repayment of Debt	-27	-2.24	-2.25	-2.26	-2.29	-0.53	-2.51	-22	-2.22	-4.10	-28
Issuance of Debt	-	-	-	0.00	90	50	50	20	-	30	20
Issuance of Common Equity	1.37	4.27	0.11	3.44	0.30	4.52	0.59	0.05	0.34	0.17	0.14

This table presents Grocery Outlet's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/29/2018	12/28/2019	1/2/2021	1/1/2022	12/31/2022	12/30/2023	12/28/2024	1/3/2026
Total Assets	1,377	2,186	2,486	2,670	2,772	2,970	3,174	3,091
Total Current Assets	240	271	382	443	467	517	504	498
Cash & Equivalents	21	28	105	140	103	115	63	70
Note & Lease Receivable	5.06	7.00	5.44	7.22	11	15	16	17
Accounts Receivable	2.07	2.85	5.95	3.16	4.37	4.19	4.17	3.69
Inventories, net	198	219	245	276	334	350	394	382
Prepaid Expenses	14	13	20	17	15	32	27	25
Plant, Property, & Equipment, net	304	357	434	499	561	642	750	743
Total Noncurrent Assets	832	1,558	1,670	1,728	1,744	1,811	1,920	1,850
Noncurrent Note & Lease Receivables	14	20	27	22	23	28	36	44
Goodwill	748	748	748	748	748	748	783	634
Intangible Assets	69	48	48	52	64	79	79	78
Other Noncurrent Operating Assets	2.05	742	843	906	910	956	1,022	1,095
Total Liabilities & Shareholders' Equity	1,377	2,186	2,486	2,670	2,772	2,970	3,174	3,091
Total Liabilities	1,077	1,440	1,563	1,661	1,662	1,750	1,976	2,107
Total Current Liabilities	151	209	233	238	281	384	350	364
Short-Term Debt	7.35	0.25	-	-	0.00	5.63	15	15
Accounts Payable	98	119	114	122	138	209	176	177
Accrued Expenses	31	31	36	49	53	67	55	54
Current Deferred & Payable Income Tax Liabilities	3.46	4.64	7.55	7.19	7.89	14	11	12
Current Employee Benefit Liabilities	11	15	26	8.45	27	25	20	18
Other Current Liabilities	0.00	38	49	51	55	64	73	87
Total Noncurrent Liabilities	926	1,232	1,331	1,423	1,382	1,366	1,627	1,743
Long-Term Debt	850	448	449	451	380	287	463	478
Capital Lease Obligations	-	-	-	-	-	-	1,106	1,229
Noncurrent Deferred & Payable Income Tax Liabilities	15	16	0.00	9.42	20	39	56	33
Other Noncurrent Operating Liabilities	0.00	768	881	962	982	1,041	1.91	2.88
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	300	745	922	1,009	1,110	1,219	1,197	984
Total Preferred & Common Equity	300	745	922	1,009	1,110	1,219	1,197	984
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	300	745	922	1,009	1,110	1,219	1,197	984
Common Stock	288	717	787	812	848	877	816	827
Retained Earnings	12	28	135	197	263	342	381	157

This table presents Grocery Outlet's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	10/1/2022	4/1/2023	7/1/2023	9/30/2023	3/30/2024	6/29/2024	9/28/2024	3/29/2025	6/28/2025	9/27/2025
Total Assets	2,751	2,770	2,823	2,929	2,975	3,081	3,139	3,271	3,322	3,369
Total Current Assets	469	427	440	514	478	475	514	485	502	517
Cash & Equivalents	107	82	88	156	67	67	69	51	55	52
Note & Lease Receivable	9.10	8.69	9.30	9.27	13	12	14	16	16	16
Accounts Receivable	3.13	4.28	5.15	14	5.48	4.39	4.24	5.47	4.54	3.64
Inventories, net	332	316	320	309	363	367	397	386	398	418
Prepaid Expenses	17	16	18	27	30	24	31	27	27	28
Plant, Property, & Equipment, net	538	574	592	627	681	713	731	786	807	818
Total Noncurrent Assets	1,745	1,768	1,790	1,788	1,816	1,893	1,894	2,000	2,014	2,033
Noncurrent Note & Lease Receivables	22	25	25	26	28	31	33	38	40	41
Goodwill	748	748	748	748	748	777	777	783	783	783
Intangible Assets	61	69	73	77	80	77	77	80	81	80
Other Noncurrent Operating Assets	914	927	945	937	959	1,008	1,007	1,099	1,111	1,129
Total Liabilities & Shareholders' Equity	2,751	2,770	2,823	2,929	2,975	3,081	3,139	3,271	3,322	3,369
Total Liabilities	1,666	1,642	1,658	1,726	1,750	1,860	1,912	2,092	2,136	2,170
Total Current Liabilities	287	301	321	384	382	369	352	389	415	399
Short-Term Debt	-	5.63	5.63	5.63	5.63	5.63	9.38	17	19	19
Accounts Payable	143	159	147	184	224	210	197	194	212	197
Accrued Expenses	57	56	71	88	63	54	52	71	72	62
Current Deferred & Payable Income Tax Liabilities	8.91	9.11	11	15	14	7.92	11	11	9.52	13
Current Employee Benefit Liabilities	22	13	24	28	11	19	16	22	26	27
Other Current Liabilities	56	59	61	63	64	72	67	74	77	80
Total Noncurrent Liabilities	1,378	1,341	1,337	1,343	1,368	1,491	1,560	1,703	1,721	1,771
Long-Term Debt	379	317	291	289	285	374	420	459	455	482
Capital Lease Obligations	-	-	-	-	-	-	-	-	1,212	1,231
Noncurrent Deferred & Payable Income Tax Liabilities	17	26	30	35	37	41	53	50	51	57
Other Noncurrent Operating Liabilities	982	998	1,017	1,019	1,046	1,076	1,087	1,194	2.34	2.56
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,085	1,128	1,165	1,203	1,225	1,221	1,226	1,180	1,187	1,199
Total Preferred & Common Equity	1,085	1,128	1,165	1,203	1,225	1,221	1,226	1,180	1,187	1,199
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,085	1,128	1,165	1,203	1,225	1,221	1,226	1,180	1,187	1,199
Common Stock	839	851	864	875	884	866	847	821	824	824
Retained Earnings	247	276	301	328	341	355	379	358	363	375

This table displays calculated financial ratios and metrics derived from Grocery Outlet's official financial filings.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/29/2018	12/28/2019	1/2/2021	1/1/2022	12/31/2022	12/30/2023	12/28/2024	1/3/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	98,137,230.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	98,137,230.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-2.29
Growth Metrics	-	-	-	-	-	-	-	-
Profitability Metrics	-	-	-	-	-	-	-	-
Net Operating Profit after Tax (NOPAT)	60	63	132	72	82	96	55	-155
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	5.48%	6.35%	3.29%	-5.74%
Earnings before Interest and Taxes (EBIT)	82	68	107	93	94	126	78	-222
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	134	121	168	167	174	215	187	-90
Valuation Ratios	-	-	-	-	-	-	-	-
Leverage & Solvency	-	-	-	-	-	-	-	-
Liquidity Ratios	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	34	31	17	15	86	-160	-73
Efficiency Ratios	-	-	-	-	-	-	-	-
Capital & Investment Metrics	-	-	-	-	-	-	-	-
Invested Capital	1,136	1,165	1,266	1,321	1,387	1,397	1,612	2,636
Increase / (Decrease) in Invested Capital	0.00	29	101	54	66	9.95	215	-82
Book Value per Share	$4.38	$8.39	$9.80	$10.51	$11.41	$12.28	$12.33	$10.02
Tangible Book Value per Share	($7.55)	($0.57)	$1.34	$2.18	$3.07	$3.96	$3.46	$2.77
Total Capital	1,157	1,193	1,372	1,461	1,490	1,512	1,675	2,706
Total Debt	857	448	449	451	380	293	478	1,722
Total Long-Term Debt	850	448	449	451	380	287	463	1,707
Net Debt	836	420	344	311	277	178	415	1,653
Capital Expenditures (CapEx)	64	97	125	123	130	169	187	198
Debt-free, Cash-free Net Working Capital (DFCFNWC)	76	34	44	65	84	23	106	79
Debt-free Net Working Capital (DFNWC)	97	62	149	205	187	138	169	149
Net Working Capital (NWC)	89	62	149	205	187	133	154	134
Net Nonoperating Expense (NNE)	44	47	25	9.32	17	17	16	70
Net Nonoperating Obligations (NNO)	836	420	344	311	277	178	415	1,653
Total Depreciation and Amortization (D&A)	51	53	61	74	81	89	109	131
Earnings Adjustments	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$1.16	$0.65	$0.67	$0.80	$0.40	($2.30)
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	91.82M	95.73M	96.81M	98.71M	98.71M	97.99M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$1.08	$0.63	$0.65	$0.79	$0.40	($2.30)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	98.45M	99.42M	100.16M	100.83M	99.62M	97.99M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	95.25M	96.04M	97.68M	99.23M	97.36M	98.15M
Normalized Net Operating Profit after Tax (NOPAT)	60	63	75	72	82	96	55	61
Debt Service Ratios	-	-	-	-	-	-	-	-
Payout Ratios	-	-	-	-	-	-	-	-

This table displays calculated financial ratios and metrics derived from Grocery Outlet's official financial filings.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	7/1/2023	9/30/2023	12/30/2023	3/30/2024	6/29/2024	9/28/2024	12/28/2024	3/29/2025	6/28/2025	9/27/2025	1/3/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	98,137,230.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	98,137,230.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-2.22
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Net Operating Profit after Tax (NOPAT)	28	31	15	0.39	18	29	5.99	-16	10	16	-164
Return On Investment Capital (ROIC_SIMPLE)	-	-	1.01%	-	-	-	0.36%	-0.95%	0.35%	0.56%	-6.07%
Earnings before Interest and Taxes (EBIT)	36	38	19	0.56	26	40	11	-23	13	23	-235
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	58	60	43	26	53	68	41	7.62	44	56	-199
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	5.84	46	5.33	-80	-142	-216	-209	-172	-1,274	-1,274	-83
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,374	1,342	1,397	1,449	1,533	1,587	1,612	1,604	2,817	2,877	2,636
Increase / (Decrease) in Invested Capital	22	-15	9.95	80	159	245	215	156	1,284	1,291	-82
Book Value per Share	$11.85	$12.18	$12.28	$12.30	$12.23	$12.51	$12.33	$12.12	$12.11	$12.22	$10.02
Tangible Book Value per Share	$3.50	$3.83	$3.96	$3.98	$3.68	$3.80	$3.46	$3.25	$3.30	$3.42	$2.77
Total Capital	1,461	1,498	1,512	1,516	1,600	1,655	1,675	1,655	2,872	2,930	2,706
Total Debt	296	295	293	291	379	429	478	476	1,685	1,731	1,722
Total Long-Term Debt	291	289	287	285	374	420	463	459	1,667	1,712	1,707
Net Debt	209	139	178	224	312	361	415	425	1,630	1,679	1,653
Capital Expenditures (CapEx)	33	47	56	46	39	42	59	60	59	39	40
Debt-free, Cash-free Net Working Capital (DFCFNWC)	37	-19	23	35	45	102	106	62	50	85	79
Debt-free Net Working Capital (DFNWC)	125	136	138	102	112	171	169	113	105	138	149
Net Working Capital (NWC)	119	131	133	96	107	162	154	96	87	119	134
Net Nonoperating Expense (NNE)	3.68	3.44	1.17	1.42	3.79	4.60	3.67	7.56	5.21	4.83	54
Net Nonoperating Obligations (NNO)	209	139	178	224	312	361	415	425	1,630	1,679	1,653
Total Depreciation and Amortization (D&A)	21	22	25	25	27	28	29	30	32	34	36
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.25	$0.27	$0.14	($0.01)	$0.14	$0.25	$0.02	($0.24)	$0.05	$0.12	($2.23)
Adjusted Weighted Average Basic Shares Outstanding	98.52M	99.11M	98.71M	99.52M	99.54M	98.36M	98.71M	97.52M	98.08M	98.16M	97.99M
Adjusted Diluted Earnings per Share	$0.24	$0.27	$0.14	($0.01)	$0.14	$0.24	$0.03	($0.24)	$0.05	$0.12	($2.23)
Adjusted Weighted Average Diluted Shares Outstanding	100.64M	100.97M	100.83M	99.52M	100.37M	98.93M	99.62M	97.52M	98.46M	98.71M	97.99M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	98.78M	99.27M	99.23M	99.86M	97.99M	97.14M	97.36M	98.03M	98.10M	98.14M	98.15M
Normalized Net Operating Profit after Tax (NOPAT)	28	31	15	0.39	18	29	5.99	7.96	19	17	-165
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-

Financials Breakdown Chart

Key Financial Trends

Grocery Outlet Holding Corp. (GO) has shown top‑line growth in 2025 with positive operating cash flow, but profitability remains variable and investing cash outlays are sizable. Here are the 10 most important takeaways drawn from the last four years of quarterly data.

Revenue growth in 2025: Q4 2025 revenue reached $1,215,267,000, up from $930,830,000 in Q4 2024, indicating meaningful top‑line expansion.
Operating cash flow remains positive and sizeable in 2025: Examples include Q1 2025 $58,938,000; Q2 2025 $73,625,000; Q3 2025 $17,276,000; Q4 2025 $72,294,000 in net cash from continuing operating activities.
Free cash flow was positive in Q4 2025: roughly $32.5 million after capital expenditures (approx. CFO $72.3M minus capex $39.8M).
Improving net income in several quarters: Q3 2025 net income continuing operations about $11.6M; Q2 2025 about $4.96M; Q4 2024 about $2.31M, suggesting periods of profitability amid volatility.
Balance sheet shows a solid equity base: Total equity around $1.198B in Q3 2025 with no preferred stock, supporting solvency.
Total assets are sizable and fairly stable: roughly $3.32B–$3.37B across 2025 quarters (e.g., Q3 2025 total assets about $3.368B).
Inventory levels align with growth: Inventories net around $417.8M in Q3 2025, up from about $396.9M in Q3 2024, indicating stocking to support demand.
Material profitability headwinds in Q4 2025: Net income from continuing operations was -$218.161M, signaling a significant quarterly loss.
Gross margin compression in Q4 2025: Total gross profit $361.019M on $1.215B revenue (~29.7% margin), down from higher margins seen earlier in the period.
Investing cash outflows are ongoing and sizable: Net cash from investing activities in Q4 2025 was -$47.104M (capex around $39.8M, with additional investments), indicating continued capital deployment to support growth.

05/11/26 01:43 PM ETAI Generated. May Contain Errors.

Grocery Outlet Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Grocery Outlet's financial year ends in January. Their financial year 2026 ended on January 3, 2026.

Grocery Outlet's net income appears to be on a downward trend, with a most recent value of -$224.91 million in 2025, falling from $15.87 million in 2018. The previous period was $39.47 million in 2024. View Grocery Outlet's forecast to see where analysts expect Grocery Outlet to go next.

Grocery Outlet's total operating income in 2025 was -$221.71 million, based on the following breakdown:

Total Gross Profit: $1.42 billion
Total Operating Expenses: $1.64 billion

Over the last 7 years, Grocery Outlet's total revenue changed from $2.29 billion in 2018 to $4.69 billion in 2025, a change of 105.0%.

Grocery Outlet's total liabilities were at $2.11 billion at the end of 2025, a 6.6% increase from 2024, and a 95.7% increase since 2018.

In the past 7 years, Grocery Outlet's cash and equivalents has ranged from $21.06 million in 2018 to $140.09 million in 2021, and is currently $69.60 million as of their latest financial filing in 2025.

Over the last 7 years, Grocery Outlet's book value per share changed from 4.38 in 2018 to 10.02 in 2025, a change of 128.8%.

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Financial statements for NASDAQ:GO last updated on 4/2/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Grocery Outlet (GO) Financials

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Grocery Outlet (GO) Financials

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