Flagship explainer

How Grocery Outlet Holding Corp. 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$4.7B · 100%Cost of revenue$3.3B · 70%Gross profit$1.4B · 30%Operating income−$222M · −5%Income before tax−$249M · −5%Income tax−$24.3M · −1%Net income−$225M · −5%As of 2026-01-03 · 2 SEC filing sourcesBuy 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
$4.7B100%
Cost of revenue$3.3B70%
$1.4B30%
−$222M−5%
Income before tax−$249M−5%
Income tax−$24.3M−1%
−$225M−5%
Source: · event Jan 3, 2026 · retrieved Oct 17, 2026 · annual-row source set
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