Grocery Outlet profit margin GO
Gross, operating and net profit as a share of revenue over the last twelve months, from 2018.
- Net margin, 12 months
- −8.0%
- Operating margin, 12 months
- −7.9%
- Net margin on a year earlier
- −8.2 pts
- Peer median
- 2.2%
Over the twelve months to Jul 4, 2026, Grocery Outlet kept −8.0% of its revenue as net profit, with an operating margin of −7.9% and a gross margin of 30.0%.
Five years earlier its net margin was 3.3%.
The median for 5 grocers of a similar size is 2.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −4.8% | −4.7% | 30.3% |
| FY2024 | 0.9% | 1.8% | 30.2% |
| FY2023 | 2.0% | 3.2% | 31.3% |
| FY2022 | 1.8% | 2.7% | 30.5% |
| FY2021 | 2.0% | 2.9% | 30.8% |
| FY2020 | 3.4% | 3.4% | 31.1% |
| FY2019 | 0.6% | 2.7% | 30.8% |
| FY2018 | 0.7% | 3.6% | 30.4% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −8.0% | −8.2 pts | −7.9% | |
| Q1 FY26 | −8.1% | −8.5 pts | −8.0% | |
| Q4 FY25 | −4.8% | −5.7 pts | −4.7% | |
| Q3 FY25 | −0.1% | −1.3 pts | 0.5% | |
| Q2 FY25 | 0.2% | −1.1 pts | 0.9% | |
| Q1 FY25 | 0.4% | −1.2 pts | 1.2% | |
| Q4 FY24 | 0.9% | −1.1 pts | 1.8% | |
| Q3 FY24 | 1.2% | −0.9 pts | 2.0% | |
| Q2 FY24 | 1.3% | −0.6 pts | 2.0% | |
| Q1 FY24 | 1.6% | −0.2 pts | 2.3% | |
| Q4 FY23 | 2.0% | +0.2 pts | 3.2% | |
| Q3 FY23 | 2.1% | +0.5 pts | 3.3% |
Against its peers
Companies in Grocery Stores nearest Grocery Outlet's size, closest first, today.
| Company | Profit margin |
|---|---|
| GOGrocery Outlet | −8.0% |
| IMKTAIngles Markets | 1.9% |
| NGVCNatural Grocers by Vitamin Cottage | 3.5% |
| VLGEAVillage Super Market | 2.2% |
| ARKOARKO | 0.2% |
| SFMSprouts Farmers Market | 5.6% |
| Peer median | 2.2% |
Where Grocery Outlet ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Grocery Outlet
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.