Utz Brands, Inc. income statement
In fiscal 2025, Utz Brands, Inc. reported revenue of $1.44bn, up 2.1% on the year before, operating income of $19.5m (a 1.4% margin) and net income of $800,000, or $0.01 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2018Dec 2018 | 2019Dec 2019 | 2021Jan 2022 | 2022Jan 2023 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 772 | 768 | 1,181 | 1,408 | 1,438 | 1,409 | 1,439 | 1,453 |
| Cost of revenue | 505 | 514 | 797 | 959 | 1,087 | 1,040 | 1,081 | 1,084 |
| Gross profit | 267 | 254 | 384 | 449 | 351 | 369 | 358 | 369 |
| Selling, general and administrative | 251 | 228 | 375 | 444 | 327 | 310 | 348 | 302 |
| Operating income | 19 | 39 | 11 | 5 | 16 | 59 | 20 | 10 |
| Interest expense | 46 | 48 | 35 | 44 | 61 | 45 | 43 | 41 |
| Income before tax | −26 | −10 | 16 | −38 | −39 | 69 | −1 | −31 |
| Income tax | 2 | 3 | 8 | −24 | 1 | 39 | 7 | 11 |
| Net income | −31 | −16 | 21 | −0 | −25 | 16 | 1 | −29 |
| Diluted EPS | — | — | $0.25 | $0.00 | −$0.31 | $0.19 | $0.01 | −$0.33 |
| Diluted shares (average) | — | — | 81m | 80m | 81m | 85m | 88m | 88m |
| EBITDA | 50 | 68 | 91 | 92 | 96 | 130 | 102 | 79 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 366 | 341 | 352 | 367 | 378 | 342 | 361 | 372 |
| Cost of revenue | 267 | 254 | 270 | 271 | 286 | 253 | 269 | 276 |
| Gross profit | 98 | 87 | 82 | 95 | 92 | 89 | 92 | 96 |
| Selling, general and administrative | 110 | −14 | 77 | 88 | 123 | −8 | 85 | 101 |
| Operating income | 20 | 7 | 6 | 6 | 3 | 4 | 8 | −6 |
| Interest expense | 13 | 8 | 12 | 11 | 11 | 10 | 10 | 11 |
| Income before tax | 1 | 15 | 5 | 7 | −7 | −6 | −2 | −16 |
| Income tax | 0 | 13 | −1 | −3 | 13 | −3 | 1 | −0 |
| Net income | −2 | 2 | 8 | 11 | −15 | −3 | −2 | −10 |
| Diluted EPS | −$0.03 | $0.03 | $0.09 | $0.12 | −$0.17 | −$0.03 | −$0.02 | −$0.11 |
| EBITDA | 28 | 25 | 24 | 18 | 14 | 26 | 30 | 8 |
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