J & J Snack Foods (JJSF) financial statements
J & J Snack Foods reported revenue of $1.6B in fiscal 2025, up 5.3% a year over 9 years.
Net income was $66M and the operating margin 5.3%, against 11.4% in 2016.
Free cash flow was $82M, and the company returned $61M in dividends and $8M in net buybacks.
The diluted share count rose 4% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from J & J Snack Foods's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $993M | $1.1B | $1.1B | $1.2B | $1.0B | $1.1B | $1.4B | $1.6B | $1.6B | $1.6B |
| Cost of revenue | $688M | $753M | $802M | $836M | $784M | $846M | $1.0B | $1.1B | $1.1B | $1.1B |
| Gross profit | $304M | $331M | $336M | $350M | $238M | $299M | $370M | $470M | $486M | $470M |
| Research and development | $525,000 | $674,000 | $623,000 | $645,000 | $700,000 | $600,000 | $700,000 | $1M | $1M | $1M |
| Selling, general and admin | $118M | $131M | $133M | $137M | $122M | $118M | $147M | $186M | $194M | $201M |
| Operating income | $113M | $118M | $111M | $117M | $17M | $71M | $62M | $110M | $118M | $84M |
| Interest expense | $123,000 | — | — | — | — | — | — | $5M | $2M | $1M |
| Pre-tax income | $117M | $122M | $118M | $127M | $21M | $74M | $62M | $108M | $119M | $86M |
| Income tax | $41M | $43M | $15M | $32M | $3M | $18M | $15M | $29M | $32M | $21M |
| Net income | $76M | $79M | $104M | $95M | $18M | $56M | $47M | $79M | $87M | $66M |
| EPS (diluted) | $4.05 | $4.21 | $5.51 | $5.00 | $0.96 | $2.91 | $2.46 | $4.08 | $4.45 | $3.36 |
| Diluted shares | 19M | 19M | 19M | 19M | 19M | 19M | 19M | 19M | 19M | 20M |
| Gross margin | 30.7% | 30.5% | 29.5% | 29.5% | 23.3% | 26.1% | 26.8% | 30.1% | 30.9% | 29.7% |
| Operating margin | 11.4% | 10.9% | 9.7% | 9.9% | 1.7% | 6.2% | 4.5% | 7.0% | 7.5% | 5.3% |
| Net margin | 7.7% | 7.3% | 9.1% | 8.0% | 1.8% | 4.9% | 3.4% | 5.1% | 5.5% | 4.1% |
Balance sheet
Fiscal years, from J & J Snack Foods's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $141M | $91M | $111M | $192M | $196M | $283M | $35M | $50M | $73M | $106M |
| Receivables | $98M | $125M | $132M | $141M | $127M | $163M | $208M | $198M | $189M | $184M |
| Inventory | $89M | $103M | $113M | $116M | $109M | $123M | $180M | $172M | $173M | $175M |
| Total current assets | $355M | $382M | $383M | $506M | $500M | $585M | $445M | $430M | $450M | $478M |
| Property, plant and equipment | $184M | $228M | $243M | $253M | $262M | $267M | $335M | $386M | $391M | $390M |
| Goodwill | $86M | $103M | $103M | $103M | $122M | $122M | $184M | $185M | $185M | $185M |
| Total assets | $790M | $867M | $938M | $1.0B | $1.1B | $1.1B | $1.2B | $1.3B | $1.4B | $1.4B |
| Total current liabilities | $102M | $119M | $118M | $121M | $134M | $168M | $182M | $175M | $174M | $176M |
| Long-term debt | — | — | — | — | — | $0 | $55M | $27M | $0 | $0 |
| Total liabilities | $153M | $185M | $173M | $186M | $247M | $277M | $354M | $366M | $408M | $415M |
| Shareholders' equity | $638M | $682M | $759M | $834M | $809M | $846M | $863M | $912M | $957M | $967M |
| Net debt | -$127M | -$91M | -$111M | -$192M | -$196M | -$283M | $20M | -$23M | -$73M | -$106M |
Cash flow
Fiscal years, from J & J Snack Foods's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $121M | $125M | $123M | $147M | $92M | $101M | $26M | $172M | $173M | $165M |
| Capital spending | $49M | $72M | $60M | $57M | $58M | $54M | $87M | $105M | $74M | $83M |
| Free cash flow | $73M | $53M | $63M | $90M | $34M | $48M | -$61M | $68M | $99M | $82M |
| Stock-based compensation | $2M | $3M | $4M | $4M | $5M | $4M | $4M | $5M | $6M | $6M |
| Dividends paid | $29M | $31M | $33M | $37M | $42M | $45M | $48M | $54M | $57M | $61M |
| Share buybacks (net) | -$15M | -$18M | -$3M | $0 | -$9M | $0 | $0 | $0 | $0 | -$8M |
| Free cash flow margin | 7.3% | 4.9% | 5.6% | 7.6% | 3.4% | 4.2% | -4.4% | 4.3% | 6.3% | 5.2% |
| Dividends per share | $1.52 | $1.64 | $1.76 | $1.93 | $2.21 | $2.34 | $2.52 | $2.79 | $2.93 | $3.11 |
Questions
What was J & J Snack Foods's revenue in 2025?
$1.6B in fiscal 2025, from its 10-K filing.
How much free cash flow does J & J Snack Foods generate?
$82M in fiscal 2025 (operating cash flow minus capital spending).
From J & J Snack Foods's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.