Simply Good Foods (SMPL) financial statements
Simply Good Foods reported revenue of $1.5B in fiscal 2025, up 18.7% a year over 7 years.
Net income was $104M.
Free cash flow was $158M, and the company returned $51M in net buybacks.
The diluted share count rose 39% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Simply Good Foods's 10-K filings with the SEC.
| Fiscal year | 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $438M | $524M | $817M | $1.0B | $1.2B | $1.2B | $1.3B | $1.5B |
| Cost of revenue | — | $255M | $306M | $492M | $596M | $723M | $789M | $820M | $925M |
| Gross profit | — | $183M | $218M | $324M | $410M | $446M | $453M | $512M | $526M |
| Research and development | — | $2M | $2M | $4M | $4M | $4M | $4M | $5M | $6M |
| Selling, general and admin | — | $109M | $130M | $201M | $219M | $226M | $231M | $274M | $290M |
| Operating income | — | $67M | $73M | $78M | $174M | $203M | $205M | $206M | $157M |
| Interest expense | — | $13M | $14M | $33M | $32M | $22M | $30M | $26M | $23M |
| Pre-tax income | — | $21M | -$9M | $79M | $81M | $151M | $176M | $186M | $136M |
| Income tax | — | -$16M | $17M | $13M | $40M | $42M | $42M | $47M | $32M |
| Net income | $10M | $37M | -$25M | $66M | $41M | $109M | $134M | $139M | $104M |
| EPS (diluted) | — | $0.51 | -$0.31 | $0.35 | $0.42 | $1.08 | $1.32 | $1.38 | $1.02 |
| Diluted shares | — | 73M | 81M | 98M | 97M | 101M | 101M | 101M | 102M |
| Gross margin | — | 41.8% | 41.6% | 39.7% | 40.7% | 38.1% | 36.5% | 38.4% | 36.2% |
| Operating margin | — | 15.4% | 13.9% | 9.6% | 17.3% | 17.3% | 16.5% | 15.5% | 10.8% |
| Net margin | — | 8.5% | -4.8% | 8.0% | 4.1% | 9.3% | 10.7% | 10.5% | 7.1% |
Balance sheet
Fiscal years, from Simply Good Foods's 10-K filings with the SEC.
| Fiscal year | 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $78M | $112M | $266M | $96M | $75M | $67M | $88M | $133M | $98M |
| Receivables | $43M | $37M | $44M | $90M | $111M | $133M | $145M | $151M | $165M |
| Inventory | $28M | $30M | $38M | $59M | $97M | $125M | $117M | $142M | $167M |
| Total current assets | $159M | $186M | $358M | $260M | $299M | $352M | $372M | $440M | $454M |
| Property, plant and equipment | $2M | $3M | $2M | $12M | $17M | $18M | $25M | $25M | $40M |
| Goodwill | $41M | $471M | $471M | $545M | $543M | $543M | $543M | $592M | $590M |
| Total assets | $390M | $975M | $1.1B | $2.0B | $2.1B | $2.1B | $2.1B | $2.4B | $2.4B |
| Total current liabilities | $51M | $31M | $48M | $71M | $114M | $102M | $90M | $109M | $125M |
| Long-term debt | $322M | $191M | $190M | $597M | $451M | $403M | $282M | $397M | $249M |
| Total liabilities | $417M | $302M | $429M | $869M | $863M | $656M | $526M | $709M | $589M |
| Shareholders' equity | -$28M | $621M | $713M | $1.1B | $1.2B | $1.4B | $1.6B | $1.7B | $1.8B |
| Net debt | $255M | $80M | -$75M | $501M | $376M | $336M | $194M | $265M | $151M |
Cash flow
Fiscal years, from Simply Good Foods's 10-K filings with the SEC.
| Fiscal year | 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | — | $61M | $73M | $59M | $132M | $111M | $171M | $216M | $178M |
| Capital spending | — | $2M | $1M | $2M | $6M | $5M | $12M | $6M | $21M |
| Free cash flow | — | $59M | $72M | $57M | $126M | $105M | $160M | $210M | $158M |
| Stock-based compensation | — | $4M | $6M | $8M | $8M | $12M | $14M | $18M | $15M |
| Share buybacks (net) | — | $0 | -$2M | $0 | $0 | -$60M | -$16M | $0 | -$51M |
| Net borrowing | — | -$2M | -$2M | $410M | -$150M | -$50M | -$122M | $115M | -$150M |
| Free cash flow margin | — | 13.5% | 13.7% | 7.0% | 12.5% | 9.0% | 12.8% | 15.8% | 10.9% |
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Open SMPL in InvestinglyQuestions
What was Simply Good Foods's revenue in 2025?
$1.5B in fiscal 2025, from its 10-K filing.
How much free cash flow does Simply Good Foods generate?
$158M in fiscal 2025 (operating cash flow minus capital spending).
From Simply Good Foods's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.