Sprouts Farmers Market (SFM) Gross Margin (2012 - 2026)
Sprouts Farmers Market (SFM) recorded Gross Margin of 38.72% in Q2 2026, down 0.12 percentage points from 38.85% a year earlier and down 0.66 percentage points from the prior quarter.
Sprouts Farmers Market (SFM) Gross Margin (2012 - 2026) Analysis & Trends
On a TTM basis, Sprouts Farmers Market's Gross Margin came in at 38.71% as of Jun 28, 2026, up 0.02 percentage points year-over-year; for FY2025, it came in at 38.80%, up 0.69 percentage points from FY2024.
- Annual Gross Margin has increased for three straight years, with a four-year change of +2.01 percentage points (FY2021 to FY2025).
- Across earlier years, Gross Margin came in at 38.11% in FY2024 (+1.22 pp), 36.88% in FY2023 (+0.21 pp), 36.67% in FY2022 and 36.78% in FY2021.
- Quarterly Gross Margin has ranged from 36.51% in Q3 2023 to 39.63% in Q1 2025 over the past five years.
- On a year-over-year basis, Gross Margin has declined for three consecutive quarters, with an average year-over-year change of +0.68 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 1.57 percentage points in Q3 2024, against a drop of 0.90 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 39.38% (Q1 2026), 37.99% (Q4 2025) and 38.68% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 824.47 Bn | 787.18 Bn | 49.13 Bn | 26.14% |
| 2 | Costco Wholesale | 403.75 Bn | 333.05 Bn | 9.01 Bn | 12.77% |
| 3 | Sysco | 37.36 Bn | 31.61 Bn | 4.13 Bn | 18.69% |
| 4 | Kroger | 34.63 Bn | 20.79 Bn | 7.86 Bn | 22.70% |
| 5 | Dollar General | 26.38 Bn | 21.06 Bn | 3.68 Bn | 32.60% |
| 6 | Caseys General Stores | 22.49 Bn | 20.48 Bn | 1.24 Bn | 21.82% |
| 7 | Dollar Tree | 21.40 Bn | 18.02 Bn | 2.10 Bn | 42.91% |
| 8 | US Foods Holding | 19.94 Bn | 19.74 Bn | 1.92 Bn | 18.22% |
| 9 | Tractor Supply | 16.33 Bn | 15.49 Bn | 1.68 Bn | 37.05% |
| 10 | Sprouts Farmers Market | 6.22 Bn | 5.16 Bn | 900.65 Mn | 38.72% |
Historic 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% |
Sprouts Farmers Market Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SFM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SFM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SFM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();