Financials

The Simply Good Foods Company financials

SMPL Food Products

The Simply Good Foods Company is a US-based consumer staples firm founded in 2006 that specializes in low‐carb and keto nutritional products. Its flagship Atkins® brand offers bars, shakes, and snacks specifically designed for health-conscious consumers. Under CEO Robert I. Finley and CFO Christopher L. McCann, the company leverages efficient supply chains and strong brand loyalty to drive revenue. It maintains a robust market presence by continuously innovating its product portfolio. Future initiatives focus on expanding product lines and e-commerce channels to capture emerging dietary trends.

Snapshot

The Simply Good Foods Company reported $1.45B in revenue in fiscal 2025, up 9.0% year over year, with an operating margin of 10.8%.

Revenue (FY2025): $1.45B
YoY growth: +9.0%
Operating margin: 10.8%
Direction: Expanding

Financial statements

In thousands, USD · annual

In thousands, USD
	FY 2025	FY 2024	FY 2023	FY 2022
Total Revenues	1,450,920	1,331,320	1,242,670	1,168,680
Cost of Sales	925,173	819,755	789,252	723,117
Gross Profit	525,747	511,566	453,420	445,561
Selling, General & Administrative Expenses	290,212	273,628	231,055	225,517
Depreciation & Amortization Expenses	16,900	16,917	17,416	17,285
Other Operating Expenses	61,748	14,524	—	—
Operating Profit	156,887	206,497	204,949	202,759
Interest and Investment Income	2,663	4,307	1,144	15
Interest Expense	(23,249)	(26,029)	(30,068)	(21,881)
Non-Operating Income	(398)	1,275	(333)	(30,324)
Total Non-Operating Income	(20,984)	(20,447)	(29,257)	(52,190)
Income Before Provision for Income Taxes	135,903	186,050	175,692	150,569
Provision for Income Taxes	32,289	46,741	42,117	41,995
Consolidated Net Income	103,614	139,309	133,575	108,574
Net Income Attributable to Common Shareholders	103,614	139,309	133,575	108,574
Basic EPS	1.03	1.39	1.34	1.10
Diluted EPS	1.02	1.38	1.32	1.08
Basic Weighted Average Shares Outstanding	100,695	99,929	99,442	98,755
Diluted Weighted Average Shares Outstanding	101,511	101,282	100,880	100,589
Shares Outstanding	99,730	99,565	99,565	99,504

In thousands, USD
	FY 2025	FY 2024	FY 2023	FY 2022
Cash and Cash Equivalents	98,468	132,530	87,715	67,494
Total Cash and Cash Equivalents	98,468	132,530	87,715	67,494
Accounts Receivable	164,978	150,721	145,078	132,667
Total Trade Receivables	164,978	150,721	145,078	132,667
Inventories	167,217	142,107	116,591	125,479
Other Current Assets	23,021	14,922	22,268	25,961
Total Current Assets	453,684	440,280	371,652	351,601
Net Property, Plant & Equipment	39,738	24,830	24,861	18,157
Net Intangible Assets	1,261,600	1,336,470	1,108,120	1,123,260
Goodwill	589,974	591,687	543,134	543,134
Other Long-Term Assets	51,046	42,881	49,318	58,099
Total Assets	2,396,050	2,436,140	2,097,080	2,094,250
Accounts Payable	78,298	58,559	52,712	62,149
Accrued Expenses	46,263	50,056	37,002	39,835
Current Portion of Long-Term Debt	—	—	143	264
Total Current Liabilities	124,561	108,615	89,857	102,248
Long-Term Debt	249,066	397,485	281,649	403,022
Other Long-Term Liabilities	215,585	202,558	154,479	150,315
Total Long-Term Liabilities	464,651	600,043	436,128	553,337
Total Liabilities	589,212	708,658	525,985	655,585
Common Stock	1,037	1,025	1,019	1,013
Treasury Stock	(129,337)	(78,451)	(78,451)	(62,003)
Additional Paid-in Capital	1,346,690	1,319,690	1,303,170	1,287,220
Accumulated Other Comprehensive Income	(2,433)	(2,039)	(2,593)	(1,951)
Retained Earnings	590,879	487,265	347,956	214,381
Total Common Shareholders' Equity	1,806,830	1,727,490	1,571,100	1,438,660
Total Shareholders' Equity	1,806,830	1,727,490	1,571,100	1,438,660
Total Liabilities and Shareholders' Equity	2,396,050	2,436,140	2,097,080	2,094,250

In thousands, USD
	FY 2025	FY 2024	FY 2023	FY 2022
Net Income	103,614	139,309	133,575	108,574
Depreciation & Amortization	21,431	20,993	20,253	19,299
Share-Based Compensation Expense	15,273	18,421	14,480	11,697
Other Adjustments	71,068	17,965	21,308	52,091
Changes in Trade Receivables	(14,682)	9,129	(13,374)	(21,796)
Changes in Inventories	(25,848)	13,726	8,169	(29,508)
Changes in Accounts Payable	18,535	(15,450)	(9,510)	2,878
Changes in Accrued Expenses	(3,812)	11,055	(3,443)	(15,183)
Changes in Other Operating Activities	(7,122)	556	(341)	(17,413)
Cash from Operating Activities	178,457	215,704	171,117	110,639
Capital Expenditure	(20,542)	(5,743)	(11,585)	(5,232)
Purchases of Intangible Assets	(2,103)	(730)	(603)	(524)
Payments for Business Acquisitions	1,713	(280,409)	—	—
Other Investing Activities	—	—	—	(2,400)
Cash from Investing Activities	(20,932)	(286,882)	(12,188)	(8,156)
Issuance of Long-Term Debt	—	250,000	—	—
Repayments of Long-Term Debt	(150,000)	(135,000)	(121,500)	(50,000)
Net Issuance / (Repayments) of Long-Term Debt	(150,000)	115,000	(121,500)	(50,000)
Issuance of Common Shares	12,917	4,293	5,247	4,343
Repurchases of Common Shares	(54,122)	(5,048)	(19,307)	(63,518)
Net Issuance / (Repurchases) of Common Shares	(41,205)	(755)	(14,060)	(59,175)
Other Financing Activities	—	1,656	(2,972)	(857)
Cash from Financing Activities	(191,205)	115,901	(138,532)	(110,032)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	(382)	92	(176)	(302)
Increase / (Decrease) in Cash, Cash Equivalents and Restricted Cash	(33,680)	44,723	20,397	(7,549)

Quarterly trend

last 8 quarters

Quarter	Revenue	YoY growth	Operating margin	Operating income
Q2 2026	$326M	+-9.4%	-65.4%	$-213M
Q1 2026	$340M	+-0.3%	11.0%	$38M
Q4 2025	$369M	+-1.8%	-3.2%	$-12M
Q3 2025	$381M	+13.8%	15.6%	$59M
Q2 2025	$360M	—	15.2%	$55M
Q1 2025	$341M	—	16.0%	$55M
Q4 2024	$376M	—	12.7%	$48M
Q3 2024	$335M	—	17.6%	$59M

Revenue by quarter$M

$335M

Q3 '24

$376M

Q4 '24

$341M

Q1 '25

$360M

Q2 '25

$381M

Q3 '25

$369M

Q4 '25

$340M

Q1 '26

$326M

Q2 '26

36.2%

Gross margin

10.8%

Operating margin

7.1%

Net margin

SourceCompany financial filings (income statement, balance sheet, cash flow) Last updated2026-06-12

Snapshot

Financial statements

Quarterly trend

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