Farmer Bros. Co. (FARM) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 88.92M | 81.6M | 85.14M | 82.05M | 90.02M | 85.07M | 84.4M | 85.36M | 89.45M | 81.89M | -38.34M | 85.72M | 88.92M | 79.83M | 122.99M | 119.4M | 118.44M | 108.36M | 102.86M | 93.15M |
| Revenue Growth % | -1.22% | -4.07% | 0.88% | -3.87% | 0.64% | 3.88% | 320.11% | -0.43% | 0.6% | 2.58% | -131.18% | -28.2% | -24.93% | -26.33% | 19.57% | 28.18% | 13.27% | 11.4% | 26.85% | -27.87% |
| Cost of Goods Sold | 56.66M | 49.16M | 46.89M | 47.55M | 51.18M | 47.75M | 51.63M | 51.13M | 53.34M | 51.1M | -67.3M | 56.97M | 57.9M | 52.81M | 88.08M | 83.84M | 83.45M | 76.91M | 74.48M | 69.27M |
| COGS % of Revenue | 63.71% | 60.25% | 55.07% | 57.95% | 56.86% | 56.13% | 61.18% | 59.9% | 59.63% | 62.4% | 175.52% | 66.46% | 65.11% | 66.15% | 71.62% | 70.22% | 70.46% | 70.97% | 72.41% | 74.37% |
| Gross Profit | 32.27M | 32.44M | 38.25M | 34.5M | 38.84M | 37.32M | 32.77M | 34.23M | 36.11M | 30.79M | 28.95M | 28.75M | 31.02M | 27.02M | 34.91M | 35.56M | 34.99M | 31.45M | 28.38M | 23.88M |
| Gross Margin % | 36.29% | 39.75% | 44.93% | 42.05% | 43.14% | 43.87% | 38.82% | 40.1% | 40.37% | 37.6% | -75.52% | 33.54% | 34.89% | 33.85% | 28.38% | 29.78% | 29.54% | 29.03% | 27.59% | 25.63% |
| Gross Profit Growth % | -16.92% | -13.08% | 16.74% | 0.8% | 7.56% | 21.21% | 13.16% | 19.04% | 16.39% | 13.95% | -17.05% | -19.14% | -11.35% | -14.1% | 23.01% | 48.92% | 33.31% | 40.3% | 82.54% | -37.08% |
| Operating Expenses | 35.51M | 35.62M | 34.34M | 38.07M | 37.82M | 40.15M | 36.91M | 34.7M | 31.66M | 32.88M | 29.26M | 35.56M | 34.27M | 27.8M | 39.25M | 39.5M | 39.57M | 33.23M | 34.55M | 34.27M |
| OpEx % of Revenue | 39.93% | 43.65% | 40.33% | 46.39% | 42.01% | 47.19% | 43.74% | 40.65% | 35.39% | 40.15% | -76.32% | 41.48% | 38.55% | 34.83% | 31.91% | 33.08% | 33.4% | 30.67% | 33.59% | 36.79% |
| Selling, General & Admin | 35.51M | 34.6M | 36.6M | 35.65M | 36.29M | 38.48M | 37.98M | 37.58M | 37.8M | 39.66M | 26.72M | 36.12M | 34.22M | 34.98M | 38.15M | 39.07M | 39.41M | 37.82M | 28.72M | 33.78M |
| SG&A % of Revenue | 39.93% | 42.4% | 42.98% | 43.45% | 40.32% | 45.24% | 45.01% | 44.03% | 42.25% | 48.43% | -69.68% | 42.13% | 38.48% | 43.82% | 31.02% | 32.72% | 33.28% | 34.9% | 27.92% | 36.27% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | -1000K | 1000K | 1000K | 1000K | -1000K | -1000K | -1000K | -1000K | 1000K | -557K | 55K | -1000K | 1000K | 426K | 153K | -1000K | 1000K | 488K |
| Operating Income | -3.24M | -3.18M | 3.91M | -3.56M | 1.02M | -2.83M | -4.15M | -468K | 4.45M | -2.09M | -308K | -6.8M | -3.25M | -783K | -4.34M | -3.94M | -4.57M | -1.78M | -6.17M | -10.39M |
| Operating Margin % | -3.65% | -3.9% | 4.6% | -4.34% | 1.13% | -3.32% | -4.91% | -0.55% | 4.98% | -2.55% | 0.8% | -7.94% | -3.66% | -0.98% | -3.53% | -3.3% | -3.86% | -1.64% | -6% | -11.16% |
| Operating Income Growth % | -418.66% | -12.48% | 194.36% | -661.32% | -77.13% | -35.44% | -1246.43% | 93.12% | 236.91% | -166.67% | 92.9% | -72.8% | 28.89% | 56.01% | 29.68% | 62.12% | 55.02% | 84.44% | 54.62% | 76.99% |
| EBITDA | -750K | -567K | 6.71M | -725K | 3.94M | 69K | -1.23M | 2.42M | 7.29M | 860K | 5.13M | -1.4M | 2.41M | 4.87M | 1.35M | 1.85M | 1.48M | 4.5M | 225K | -3.51M |
| EBITDA Margin % | -0.84% | -0.69% | 7.88% | -0.88% | 4.37% | 0.08% | -1.46% | 2.83% | 8.16% | 1.05% | -13.39% | -1.63% | 2.71% | 6.1% | 1.1% | 1.55% | 1.25% | 4.15% | 0.22% | -3.77% |
| EBITDA Growth % | -119.05% | -921.74% | 643.44% | -130.02% | -46.02% | -91.98% | -124.03% | 272.99% | 202.32% | -82.34% | 279.53% | -175.34% | 63.37% | 8.22% | 501.33% | 152.75% | 151.72% | 202.2% | 103.6% | 90.72% |
| D&A (Non-Cash Add-back) | 2.49M | 2.61M | 2.79M | 2.84M | 2.92M | 2.9M | 2.91M | 2.88M | 2.84M | 2.95M | 5.44M | 5.41M | 5.66M | 5.65M | 5.69M | 5.79M | 6.05M | 6.28M | 6.39M | 6.88M |
| EBIT | -3.24M | -2.7M | -3.03M | -2.86M | 2.05M | -3.08M | -2.75M | 1.17M | -1.29M | 783K | -5.34M | -4.67M | -6.78M | 533K | -1.95M | -2.36M | -2.81M | 664K | 2.63M | -10.75M |
| Net Interest Income | -1.2M | -1.32M | -1.84M | -1.93M | -1.92M | -1.79M | -1.86M | -1.85M | -1.91M | -2.22M | -3.01M | -2.23M | -1.86M | -2.07M | -2.41M | -1.59M | -2.49M | -3.03M | -6.79M | -2.99M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 1.2M | 1.32M | 1.84M | 1.93M | 1.92M | 1.79M | 1.86M | 1.85M | 1.91M | 2.22M | 3.01M | 2.23M | 1.86M | 2.07M | 2.41M | 1.59M | 2.49M | 3.03M | 6.79M | 2.99M |
| Other Income/Expense | -1.62M | -844K | -8.78M | -1.23M | -889K | -2.04M | -463K | -214K | -1.58M | 649K | -1.76M | -92K | -5.39M | -754K | -18K | -12K | -722K | -582K | 2.01M | -3.35M |
| Pretax Income | -4.87M | -4.03M | -4.87M | -4.79M | 129K | -4.87M | -4.61M | -682K | 2.87M | -1.44M | -2.07M | -6.9M | -8.64M | -1.54M | -4.36M | -3.95M | -5.29M | -2.36M | -4.16M | -13.74M |
| Pretax Margin % | -5.47% | -4.93% | -5.72% | -5.84% | 0.14% | -5.72% | -5.46% | -0.8% | 3.21% | -1.76% | 5.4% | -8.05% | -9.72% | -1.93% | -3.54% | -3.31% | -4.47% | -2.18% | -4.05% | -14.75% |
| Income Tax | 0 | 0 | -123K | 187K | -81K | 133K | -18K | 0 | 164K | -132K | -438K | 30K | 40K | 43K | -579K | 90K | 126K | 62K | -190K | -60K |
| Effective Tax Rate % | 0% | 0% | 2.53% | -3.9% | -62.79% | -2.73% | 0.39% | 0% | 5.72% | 9.17% | 21.14% | -0.43% | -0.46% | -2.8% | 13.29% | -2.28% | -2.38% | -2.62% | 4.57% | 0.44% |
| Net Income | -4.87M | -4.03M | -4.75M | -4.98M | 210K | -5M | -4.59M | -682K | 2.7M | -1.31M | -46.78M | -11.42M | -13.61M | -7.37M | -3.78M | -4.04M | -5.42M | -2.42M | -3.97M | -13.68M |
| Net Margin % | -5.47% | -4.93% | -5.58% | -6.06% | 0.23% | -5.88% | -5.44% | -0.8% | 3.02% | -1.6% | 122% | -13.33% | -15.3% | -9.24% | -3.07% | -3.38% | -4.58% | -2.24% | -3.86% | -14.69% |
| Net Income Growth % | -2417.14% | 19.53% | -3.38% | -629.62% | -92.23% | -282.71% | 90.18% | 94.03% | 119.87% | 82.28% | -1138.44% | -182.75% | -151.07% | -204.21% | 4.89% | 70.48% | 69.42% | 61.34% | 59.14% | 65.6% |
| Net Income (Continuing) | -4.87M | -4.03M | -4.75M | -4.98M | 210K | -5M | -4.59M | -682K | 2.7M | -1.31M | -1.63M | -6.93M | -8.68M | -1.58M | -3.78M | -4.04M | -5.42M | -2.42M | -3.97M | -13.68M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | -1000K | -1000K | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.22 | -0.19 | -0.22 | -0.23 | 0.01 | -0.24 | -0.22 | -0.03 | 0.13 | -0.06 | -2.33 | -0.57 | -0.73 | -0.39 | -0.20 | -0.22 | -0.30 | -0.13 | -0.23 | -0.77 |
| EPS Growth % | - | 20.83% | 0% | -612.07% | -92.77% | -273.83% | 90.56% | 94.33% | 117.81% | 83.54% | -1065% | -159.09% | -143.33% | -200% | 13.04% | 71.43% | 70.3% | 63.89% | 58.93% | 66.67% |
| EPS (Basic) | -0.22 | -0.19 | -0.22 | -0.23 | 0.01 | -0.24 | -0.22 | -0.03 | 0.13 | -0.06 | -2.33 | -0.57 | -0.73 | -0.39 | -0.20 | -0.22 | -0.30 | -0.13 | -0.23 | -0.77 |
| Diluted Shares Outstanding | 21.67M | 21.59M | 21.56M | 21.45M | 22.36M | 21.26M | 20.79M | 21.1M | 20.92M | 20.37M | 20.09M | 19.92M | 18.72M | 18.95M | 18.45M | 18.29M | 18.11M | 17.97M | 17.34M | 17.76M |
| Basic Shares Outstanding | 21.67M | 21.59M | 21.56M | 21.45M | 21.31M | 21.26M | 20.79M | 21.1M | 20.73M | 20.37M | 20.09M | 19.92M | 18.72M | 18.91M | 18.45M | 18.21M | 17.96M | 17.97M | 17.34M | 17.73M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |