Sprouts Farmers Market (SFM) Gross Margin (2012 - 2026)
Sprouts Farmers Market (SFM) posted Gross Margin of 38.72% for Q2 2026, down 1.67% sequentially from 39.38% in Q1 2026, and down 12.0% YoY from 44.0% in Q2 2025.
Sprouts Farmers Market (SFM) Gross Margin (2012 - 2026) Analysis & Trends
Sprouts Farmers Market has reported Gross Margin for 15 years, with the latest figure at 38.72% in Q2 2026.
- Quarterly Gross Margin fell 12.0% year-over-year to 38.72% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 38.71% (up 2.0% YoY) and the FY2025 annual result came in at 38.8%, up 69.0% from the prior year.
- Gross Margin retreated to 38.72% in Q2 2026 per SFM's latest filing, from 39.38% in the prior quarter.
- Over five years, Gross Margin peaked at 39.63% in Q1 2025 and troughed at 36.38% in Q3 2022.
- A 5-year average of 37.83% and a median of 37.97% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2024: Gross Margin tumbled 90 bps in 2023, then jumped 157 bps in 2024.
- Over 5 years, Gross Margin stood at 36.68% in 2022, then fell by 0 bps to 36.52% in 2023, then grew by 4 bps to 38.07% in 2024, then slipped by 0 bps to 37.99% in 2025, then rose by 2 bps to 38.72% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 38.72%, 39.38%, and 37.99% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kroger | 37.74 Bn | 34.41 Bn | 8.12 Bn | 23.39% |
| 2 | Sprouts Farmers Market | 7.60 Bn | 7.38 Bn | 900.65 Mn | 38.72% |
| 3 | Albertsons Companies | 6.72 Bn | 6.52 Bn | 5.51 Bn | 27.22% |
| 4 | Weis Markets | 1.75 Bn | 1.54 Bn | 328.40 Mn | 25.75% |
| 5 | Ingles Markets | 1.23 Bn | 778.59 Mn | 332.44 Mn | 24.30% |
| 6 | Grocery Outlet Holding | 1.14 Bn | 1.06 Bn | 360.72 Mn | 30.24% |
| 7 | Dingdong (Cayman) | 806.22 Mn | 596.90 Mn | 1.46 Mn | 7.24% |
| 8 | Natural Grocers by Vitamin Cottage | 632.30 Mn | 614.83 Mn | 98.01 Mn | 29.28% |
| 9 | Krispy Kreme | 620.42 Mn | 598.28 Mn | 172.13 Mn | 52.00% |
| 10 | Village Super Market | 449.56 Mn | 320.88 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 38.72% |
| Mar 29, 2026 | 39.38% |
| Dec 28, 2025 | 37.99% |
| Sep 28, 2025 | 38.68% |
| Jun 29, 2025 | 38.85% |
| Mar 30, 2025 | 39.63% |
| Dec 29, 2024 | 38.07% |
| Sep 29, 2024 | 38.08% |
| Jun 30, 2024 | 37.94% |
| Mar 31, 2024 | 38.34% |
| Dec 31, 2023 | 36.52% |
| Oct 1, 2023 | 36.51% |
| Jul 2, 2023 | 36.99% |
| Apr 2, 2023 | 37.50% |
| Jan 1, 2023 | 37.42% |
| Oct 2, 2022 | 36.68% |
| Jul 3, 2022 | 36.38% |
| Apr 3, 2022 | 37.28% |
| Oct 3, 2021 | 35.75% |
| Jul 4, 2021 | 36.14% |