INGLES MARKETS INC

INGLES MARKETS INCIMKTAEarnings & Financial Report

Nasdaq · Consumer Staples · Retail-Grocery Stores

Ingles Markets, Inc. is an American supermarket chain based in Black Mountain, North Carolina. As of September 2021, the company operates 198 supermarkets in the Appalachian region of the Southeastern United States. The company is listed on the NASDAQ under the ticker symbol IMKTA and is part of the Global Select Market tier of trading.

Revenue

$1.3B

Gross Profit

$311.0M

Operating Profit

$21.6M

Net Profit

$15.1M

Gross Margin

23.4%

Operating Margin

1.6%

Net Margin

1.1%

YoY Growth

-2.6%

Financial Flow

INGLES MARKETS INC Q2 2025 Financial Summary

INGLES MARKETS INC reported revenue of $1.3B (down 2.6% YoY) for Q2 2025, with a net profit of $15.1M (down 52.6% YoY) (1.1% margin). Cost of goods sold was $1.0B, operating expenses totaled $289.3M.

Key Financial Metrics

Total Revenue$1.3B
Net Profit$15.1M
Gross Margin23.4%
Operating Margin1.6%
Report PeriodQ2 2025

Revenue Breakdown

INGLES MARKETS INC Q2 2025 revenue of $1.3B breaks down across 5 segments, led by Grocery at $492.0M (37.0% of total).

SegmentRevenue% of Total
Grocery$492.0M37.0%
Perishables$348.1M26.2%
Non Foods$286.2M21.5%
Gasoline$150.6M11.3%
Other Segment$54.3M4.1%

INGLES MARKETS INC Revenue by Segment — Quarterly Trend

INGLES MARKETS INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Grocery and Perishables) has evolved quarter over quarter.

SegmentQ1 2026Q4 2025Q3 2025Q2 2025
Grocery$502.1M$486.6M$478.3M$492.0M
Perishables$359.7M$364.5M$357.8M$348.1M
Non Foods$305.5M$296.9M$295.1M$286.2M
Gasoline$152.1M$164.7M$161.8M$150.6M
Other Segment$53.2M$54.3M

INGLES MARKETS INC Annual Revenue by Year

INGLES MARKETS INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $5.3B).

YearAnnual Revenue
2025$5.3B
2024$5.6B
2023$5.9B
2022$5.7B

INGLES MARKETS INC Quarterly Revenue & Net Profit History

INGLES MARKETS INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q1 2026$1.4B+6.6%$28.1M2.0%
Q4 2025$1.4B-2.1%$25.7M1.9%
Q3 2025$1.3B-3.4%$26.2M1.9%
Q2 2025$1.3B-2.6%$15.1M1.1%
Q1 2025$1.3B-13.0%$16.6M1.3%
Q4 2024$1.4B-11.8%$-1.5M-0.1%
Q3 2024$1.4B-2.8%$31.7M2.3%
Q2 2024$1.4B-1.0%$31.9M2.3%

Income Statement

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Revenue$1.37B$1.39B$1.40B$1.29B$1.33B$1.35B$1.37B$1.37B
YoY Growth-1.0%-2.8%-11.8%-13.0%-2.6%-3.4%-2.1%6.6%

Balance Sheet

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Assets$2.49B$2.55B$2.53B$2.49B$2.51B$2.55B$2.57B$2.57B
Liabilities$960.9M$991.9M$982.1M$931.7M$934.6M$953.3M$950.1M$930.3M
Equity$1.53B$1.55B$1.55B$1.56B$1.57B$1.59B$1.62B$1.64B

Cash Flow

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Operating CF$70.4M$103.3M$73.3M$-43.6M$63.1M$74.8M$59.9M$38.4M