Chefs' Warehouse, Inc.CHEFEarnings & Financial Report
Chefs' Warehouse, Inc. is a leading North American specialty food distributor that primarily serves independent restaurants, fine dining venues, hotels, catering firms, and other foodservice operators. It offers a curated portfolio of over 150,000 products including artisanal ingredients, specialty meats, seafood, dairy, pastries, and imported gourmet goods tailored for professional chefs.
Revenue
$954.7M
Gross Profit
$229.0M
Operating Profit
$33.9M
Net Profit
$15.5M
Gross Margin
24.0%
Operating Margin
3.5%
Net Margin
1.6%
YoY Growth
8.3%
EPS
$0.37
Chefs' Warehouse, Inc. Q2 FY2024 Financial Summary
Chefs' Warehouse, Inc. reported revenue of $954.7M (up 8.3% YoY) for Q2 FY2024, with a net profit of $15.5M (up 57.3% YoY) (1.6% margin). Cost of goods sold was $725.7M, operating expenses totaled $195.1M.
Key Financial Metrics
| Total Revenue | $954.7M |
|---|---|
| Net Profit | $15.5M |
| Gross Margin | 24.0% |
| Operating Margin | 3.5% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
Chefs' Warehouse, Inc. Q2 FY2024 revenue of $954.7M breaks down across 8 segments, led by Center Of The Plate Product at $365.4M (38.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Center Of The Plate Product | $365.4M | 38.3% |
| Dry Goods Product | $154.6M | 16.2% |
| Produce | $136.3M | 14.3% |
| Pastry Product | $114.2M | 12.0% |
| Cheese And Charcuterie Product | $68.8M | 7.2% |
| Dairy And Eggs Product | $62.7M | 6.6% |
| Oils And Vinegar Product | $33.8M | 3.5% |
| Kitchen Supplies Product | $18.9M | 2.0% |
Chefs' Warehouse, Inc. Revenue by Segment — Quarterly Trend
Chefs' Warehouse, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Center Of The Plate Product and Dry Goods Product) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Center Of The Plate Product | — | $459.1M | $393.9M | $394.3M |
| Dry Goods Product | — | $175.7M | $163.3M | $167.7M |
| Produce | — | $147.9M | $125.1M | $124.0M |
| Pastry Product | — | $160.5M | $134.0M | $139.3M |
| Cheese And Charcuterie Product | — | $75.3M | $76.2M | $76.0M |
Chefs' Warehouse, Inc. Annual Revenue by Year
Chefs' Warehouse, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $4.1B).
| Year | Annual Revenue |
|---|---|
| 2025 | $4.1B |
| 2024 | $3.8B |
| 2023 | $3.4B |
| 2022 | $2.6B |
Chefs' Warehouse, Inc. Quarterly Revenue & Net Profit History
Chefs' Warehouse, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $1.1B | +11.4% | $17.4M | 1.6% |
| Q4 FY2025 | $1.1B | +10.5% | $21.7M | 1.9% |
| Q3 FY2025 | $1.0B | +9.6% | $19.1M | 1.9% |
| Q2 FY2025 | $1.0B | +8.4% | $21.2M | 2.1% |
| Q1 FY2025 | $950.7M | +8.7% | $10.3M | 1.1% |
| Q4 FY2024 | $1.0B | +8.7% | $23.9M | 2.3% |
| Q3 FY2024 | $931.5M | +5.6% | $14.1M | 1.5% |
| Q2 FY2024 | $954.7M | +8.3% | $15.5M | 1.6% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $954.7M | $931.5M | $1.03B | $950.7M | $1.03B | $1.02B | $1.14B | $1.06B |
| YoY Growth | 8.3% | 5.6% | 8.7% | 8.7% | 8.4% | 9.6% | 10.5% | 11.4% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.72B | $1.77B | $1.86B | $1.84B | $1.91B | $1.92B | $2.03B | $1.99B |
| Liabilities | $1.25B | $1.29B | $1.32B | $1.30B | $1.35B | $1.34B | $1.42B | $1.38B |
| Equity | $461.9M | $480.3M | $537.6M | $541.6M | $557.7M | $576.6M | $604.3M | $608.6M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $29.3M | $19.8M | $73.0M | $49.6M | $14.5M | $-8.7M | $73.9M | $38.3M |