FAT Brands Inc. (FAT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Sales/Revenue | 140.01M | 146.84M | 142.02M | 145.28M | 143.37M | 152.04M | 151.97M | 158.64M | 109.37M | 106.76M | 105.69M | 103.81M | 103.22M | 102.78M | 97.4M | 77.66M | 29.76M | 8.28M | 6.65M | 6.5M |
| Revenue Growth % | -2.34% | -3.42% | -6.55% | -8.42% | 31.09% | 42.41% | 43.78% | 52.81% | 5.95% | 3.87% | 8.51% | 33.68% | 246.84% | 1141.07% | 1364.93% | 1094.97% | 627.83% | 166.56% | 50.33% | 23.74% |
| Cost of Goods Sold | 102.52M | 98.05M | 107.17M | 109M | 106.82M | 100.11M | 111.64M | 71.32M | 70.84M | 59.5M | 69.61M | 28.69M | 66.44M | 49.85M | 65.06M | 58.31M | 12.62M | 1.61M | 1.19M | 5.71M |
| COGS % of Revenue | 73.23% | 66.78% | 75.46% | 75.03% | 74.51% | 65.85% | 73.46% | 44.96% | 64.77% | 55.73% | 65.87% | 27.63% | 64.37% | 48.5% | 66.79% | 75.08% | 42.39% | 19.45% | 17.93% | 87.91% |
| Gross Profit | 37.49M | 48.79M | 34.85M | 36.28M | 36.54M | 51.93M | 40.33M | 87.31M | 38.53M | 47.26M | 36.08M | 75.13M | 36.78M | 52.94M | 32.35M | 19.35M | 17.14M | 6.67M | 5.46M | 786K |
| Gross Margin % | 26.77% | 33.22% | 24.54% | 24.97% | 25.49% | 34.15% | 26.54% | 55.04% | 35.23% | 44.27% | 34.13% | 72.37% | 35.63% | 51.5% | 33.21% | 24.92% | 57.61% | 80.55% | 82.07% | 12.09% |
| Gross Profit Growth % | 2.59% | -6.05% | -13.59% | -58.45% | -5.15% | 9.87% | 11.77% | 16.22% | 4.75% | -10.72% | 11.53% | 288.25% | 114.52% | 693.57% | 492.76% | 2361.83% | 319.3% | 114.71% | 56.27% | -89.15% |
| Operating Expenses | 54.83M | 64.34M | 43.41M | 75.58M | 45.37M | 54.63M | 41.71M | 90.46M | 31.91M | 28.8M | 35.69M | 107.73M | 35.77M | 39.74M | 31.86M | 22.12M | 14.77M | 5.54M | 5.37M | 8.72M |
| OpEx % of Revenue | 39.16% | 43.81% | 30.57% | 52.02% | 31.65% | 35.93% | 27.44% | 57.02% | 29.17% | 26.97% | 33.77% | 103.77% | 34.65% | 38.66% | 32.71% | 28.48% | 49.63% | 66.94% | 80.73% | 134.22% |
| Selling, General & Admin | 54.83M | 55.96M | 33.04M | 34.52M | 34.48M | 44.21M | 30M | 77.92M | 24.46M | 21.56M | 28.41M | 83.74M | 28.75M | 32.44M | 24.75M | 18.83M | 10.59M | 5.1M | 4.93M | 1.89M |
| SG&A % of Revenue | 39.16% | 38.11% | 23.27% | 23.76% | 24.05% | 29.08% | 19.74% | 49.12% | 22.36% | 20.19% | 26.88% | 80.66% | 27.85% | 31.56% | 25.41% | 24.25% | 35.58% | 61.54% | 74.09% | 29.11% |
| 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 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 447K | 442K | 1000K |
| Operating Income | -17.34M | -15.55M | -8.57M | -39.3M | -8.83M | -2.7M | -1.38M | -3.14M | 6.62M | 18.46M | 387K | -32.6M | 1.01M | 13.2M | 485K | -2.77M | 2.38M | 1.13M | 89K | -7.94M |
| Operating Margin % | -12.39% | -10.59% | -6.03% | -27.05% | -6.16% | -1.78% | -0.91% | -1.98% | 6.05% | 17.3% | 0.37% | -31.41% | 0.98% | 12.85% | 0.5% | -3.56% | 7.98% | 13.61% | 1.34% | -122.13% |
| Operating Income Growth % | -96.33% | -475.29% | -519.83% | -1150.46% | -233.41% | -114.64% | -457.11% | 90.36% | 554.25% | 39.85% | -20.21% | -1077.93% | -57.41% | 1071.52% | 444.94% | 65.13% | 283.33% | 119.46% | 115.4% | -1810.56% |
| EBITDA | -9.43M | -7.17M | 1.82M | -28.95M | 1.9M | 7.54M | 8.81M | 6.77M | 13.66M | 25.53M | 7.5M | -25.67M | 7.91M | 19.82M | 7.05M | 2.64M | 4.75M | 1.51M | 487K | -7.53M |
| EBITDA Margin % | -6.74% | -4.88% | 1.29% | -19.93% | 1.33% | 4.96% | 5.8% | 4.27% | 12.49% | 23.91% | 7.1% | -24.72% | 7.66% | 19.29% | 7.23% | 3.4% | 15.97% | 18.27% | 7.32% | -115.83% |
| EBITDA Growth % | -595.69% | -195.03% | -79.29% | -527.56% | -86.07% | -70.45% | 17.45% | 126.38% | 72.77% | 28.77% | 6.49% | -1072.57% | 66.36% | 1210.18% | 1346.82% | 135.06% | 560.12% | 127.4% | 240.75% | -1154.34% |
| D&A (Non-Cash Add-back) | 7.91M | 8.38M | 10.39M | 10.35M | 10.74M | 10.25M | 10.19M | 9.91M | 7.04M | 7.06M | 7.12M | 6.94M | 6.89M | 6.62M | 6.56M | 5.41M | 2.38M | 386K | 398K | 409K |
| EBIT | -16.84M | -15.54M | -8.68M | -41.06M | -9.09M | -3.46M | -751K | -1.72M | 3.77M | 18.57M | 543K | -31.15M | 1.55M | 15.27M | 1.79M | -3.43M | 2.43M | -5.25M | 187K | -4.69M |
| Net Interest Income | -41.52M | -39.37M | -35.86M | -34.68M | -35.53M | -34M | -34.04M | -33.34M | -29.74M | -24.32M | -30.13M | -25.64M | -24.47M | -23.71M | -21.03M | -16.39M | -7.25M | -2.67M | -2.75M | -1.63M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.47M |
| Interest Expense | 41.52M | 39.37M | 35.86M | 34.68M | 35.53M | 34M | 34.04M | 33.34M | 29.74M | 24.32M | 30.13M | 25.64M | 24.47M | 23.71M | 21.03M | 16.39M | 7.25M | 2.67M | 2.75M | 5.11M |
| Other Income/Expense | -41.01M | -39.36M | -35.98M | -36.44M | -35.78M | -34.76M | -33.41M | -31.92M | -32.59M | -24.21M | -29.98M | -24.18M | -23.93M | -21.64M | -19.72M | -17.05M | -7.19M | -9.05M | -2.65M | -2.02M |
| Pretax Income | -58.35M | -54.91M | -44.54M | -75.74M | -44.61M | -37.46M | -34.79M | -35.06M | -25.97M | -5.75M | -29.59M | -56.79M | -22.92M | -8.44M | -19.23M | -19.82M | -4.82M | -7.92M | -2.56M | -9.96M |
| Pretax Margin % | -41.68% | -37.4% | -31.36% | -52.13% | -31.12% | -24.64% | -22.89% | -22.1% | -23.74% | -5.38% | -28% | -54.7% | -22.21% | -8.21% | -19.74% | -25.52% | -16.19% | -95.67% | -38.52% | -153.18% |
| Income Tax | 1.1M | 457K | 1.77M | -8.32M | 143K | 1.9M | 3.52M | -8.83M | -1.31M | 1.35M | 2.54M | 14.02M | 516K | -251K | 4.52M | -234K | -1.18M | -1.99M | -129K | -2.28M |
| Effective Tax Rate % | -1.89% | -0.83% | -3.97% | 10.99% | -0.32% | -5.08% | -10.13% | 25.17% | 5.05% | -23.43% | -8.57% | -24.69% | -2.25% | 2.97% | -23.52% | 1.18% | 24.55% | 25.14% | 5.04% | 22.94% |
| Net Income | -58.22M | -54.19M | -45.97M | -67.42M | -44.76M | -39.36M | -38.32M | -26.24M | -24.66M | -7.09M | -32.13M | -70.81M | -23.44M | -8.19M | -23.75M | -19.6M | -3.62M | -5.93M | -2.43M | -7.67M |
| Net Margin % | -41.58% | -36.9% | -32.37% | -46.4% | -31.22% | -25.89% | -25.21% | -16.54% | -22.54% | -6.64% | -30.4% | -68.21% | -22.71% | -7.97% | -24.39% | -25.24% | -12.17% | -71.55% | -36.58% | -118.03% |
| Net Income Growth % | -30.08% | -37.68% | -19.97% | -156.95% | -81.52% | -455.06% | -19.27% | 62.95% | -5.2% | 13.4% | -35.24% | -261.19% | -547.25% | -38.17% | -876.77% | -155.56% | -537.5% | -39.4% | -2.62% | -704.09% |
| Net Income (Continuing) | -59.45M | -55.37M | -46.31M | -67.42M | -44.76M | -39.36M | -38.32M | -26.24M | -24.66M | -7.09M | -32.13M | -70.81M | -23.44M | -8.19M | -23.75M | -19.59M | -3.63M | -5.93M | -2.43M | -7.67M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -7.98M | -6.74M | -5.56M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 79K | 93K | 0 | 0 |
| EPS (Diluted) | -3.39 | -3.17 | -2.73 | -4.08 | -2.74 | -2.43 | -2.37 | -1.68 | -1.59 | -0.43 | -2.05 | -4.28 | -1.42 | -0.50 | -1.45 | -1.38 | -0.26 | -0.44 | -0.20 | -0.58 |
| EPS Growth % | -23.72% | -30.45% | -15.19% | -142.86% | -72.33% | -465.12% | -15.61% | 60.75% | -11.97% | 14% | -41.38% | -210.14% | -446.15% | -13.64% | -625% | -137.93% | -499.08% | -33.33% | -11.11% | -697.8% |
| EPS (Basic) | -3.39 | -3.17 | -2.73 | -4.08 | -2.74 | -2.43 | -2.37 | -1.68 | -1.59 | -0.43 | -2.05 | -4.28 | -1.42 | -0.50 | -1.45 | -1.38 | -0.26 | -0.44 | -0.20 | -0.58 |
| Diluted Shares Outstanding | 17.87M | 17.82M | 17.63M | 17.11M | 17.05M | 17.01M | 16.95M | 16.68M | 16.61M | 16.52M | 16.49M | 16.53M | 16.53M | 16.41M | 16.39M | 14.2M | 14.14M | 13.5M | 11.97M | 13.18M |
| Basic Shares Outstanding | 17.87M | 17.82M | 17.63M | 17.11M | 17.05M | 17.01M | 16.95M | 16.68M | 16.61M | 16.52M | 16.49M | 16.53M | 16.53M | 16.41M | 16.39M | 14.2M | 14.14M | 13.5M | 11.97M | 13.18M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |