Flagship explainer

How CHEFS’ WAREHOUSE, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$4.1B · 100%Cost of revenue$3.1B · 76%Gross profit$1.0B · 24%Operating income$145M · 3%Income before tax$104M · 2%Income tax$31.2M · 1%Net income$72.4M · 2%As of 2025-12-26 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$4.1B100%
Cost of revenue$3.1B76%
$1.0B24%
$145M3%
Income before tax$104M2%
Income tax$31.2M1%
$72.4M2%
Source: · event Dec 26, 2025 · retrieved Oct 17, 2026 · annual-row source set
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