UTZ (UTZ) financial statements
UTZ reported revenue of $1.4B in fiscal 2025, up 10.9% a year over 6 years.
Net income was $800,000 and the operating margin 1.4%, against 2.5% in 2018.
Free cash flow was $9M, and the company returned $22M in dividends.
The diluted share count rose 8% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from UTZ's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $772M | $768M | $1.2B | $1.4B | $1.4B | $1.4B | $1.4B |
| Cost of revenue | $505M | $514M | $797M | $959M | $1.1B | $1.0B | $1.1B |
| Gross profit | $267M | $254M | $384M | $449M | $351M | $369M | $358M |
| Selling, general and admin | $251M | $228M | $375M | $444M | $327M | $310M | $348M |
| Operating income | $19M | -$998,232 | $11M | $5M | $16M | $59M | $20M |
| Interest expense | $46M | $48M | $35M | $44M | $61M | $45M | $43M |
| Pre-tax income | -$26M | -$10M | $16M | -$38M | -$39M | $69M | -$600,000 |
| Income tax | $2M | $3M | $8M | -$24M | $800,000 | $39M | $7M |
| Net income | -$30M | $8M | $21M | -$392,000 | -$25M | $16M | $800,000 |
| EPS (diluted) | — | — | $0.25 | $0.00 | -$0.31 | $0.19 | $0.01 |
| Diluted shares | — | — | 81M | 80M | 81M | 85M | 88M |
| Gross margin | 34.5% | 33.0% | 32.5% | 31.9% | 24.4% | 26.2% | 24.9% |
| Operating margin | 2.5% | -0.1% | 0.9% | 0.4% | 1.1% | 4.2% | 1.4% |
| Net margin | -4.0% | 1.0% | 1.7% | -0.0% | -1.7% | 1.1% | 0.1% |
Balance sheet
Fiscal years, from UTZ's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $7M | $585,253 | $42M | $73M | $52M | $56M | $120M |
| Receivables | — | $107M | $131M | $137M | $135M | $120M | $101M |
| Inventory | — | $51M | $80M | $118M | $105M | $101M | $119M |
| Total current assets | $1M | $721,566 | $278M | $372M | $328M | $317M | $384M |
| Property, plant and equipment | — | $172M | $304M | $345M | $319M | $345M | $379M |
| Goodwill | $131M | $4M | $915M | $915M | $915M | $865M | $865M |
| Total assets | $443M | $452M | $2.7B | $2.8B | $2.7B | $2.7B | $2.8B |
| Total current liabilities | $149,386 | $602,765 | $188M | $237M | $231M | $285M | $323M |
| Long-term debt | — | — | $831M | $893M | $879M | $752M | $818M |
| Total liabilities | $16M | $16M | $1.3B | $1.4B | $1.4B | $1.3B | $1.4B |
| Shareholders' equity | $5M | $5M | $680M | $703M | $669M | $697M | $714M |
| Net debt | -$7M | -$585,253 | $800M | $839M | $848M | $712M | $729M |
Cash flow
Fiscal years, from UTZ's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $16M | -$359,637 | $48M | $48M | $77M | $106M | $112M |
| Capital spending | $13M | $20M | $32M | $88M | $56M | $99M | $103M |
| Free cash flow | $3M | -$20M | $17M | -$40M | $21M | $8M | $9M |
| Stock-based compensation | — | $0 | $13M | $11M | $17M | $18M | $17M |
| Dividends paid | $0 | $0 | $12M | $17M | $18M | $22M | $22M |
| Net borrowing | -$4M | -$14M | $30M | $104M | -$16M | -$135M | $81M |
| Free cash flow margin | 0.4% | -2.6% | 1.4% | -2.8% | 1.5% | 0.5% | 0.7% |
| Dividends per share | — | — | $0.15 | $0.21 | $0.23 | $0.25 | $0.25 |
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Open UTZ in InvestinglyQuestions
What was UTZ's revenue in 2025?
$1.4B in fiscal 2025, from its 10-K filing.
How much free cash flow does UTZ generate?
$9M in fiscal 2025 (operating cash flow minus capital spending).
From UTZ's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.