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.

IMKTA Q1 2026 Key Financial Metrics

Revenue

$1.4B

Gross Profit

$334.6M

Operating Profit

$39.1M

Net Profit

$28.1M

Gross Margin

24.4%

Operating Margin

2.9%

Net Margin

2.0%

YoY Growth

6.6%

Financial Flow

INGLES MARKETS INC Q1 2026 Financial Summary

INGLES MARKETS INC reported revenue of $1.4B (up 6.6% YoY) for Q1 2026, with a net profit of $28.1M (up 69.6% YoY) (2.0% margin). Cost of goods sold was $1.0B, operating expenses totaled $295.4M.

Key Financial Metrics

Total Revenue$1.4B
Net Profit$28.1M
Gross Margin24.4%
Operating Margin2.9%
Report PeriodQ1 2026

Revenue Breakdown

INGLES MARKETS INC Q1 2026 revenue of $1.4B breaks down across 5 segments, led by Grocery at $502.1M (36.6% of total).

SegmentRevenue% of Total
Grocery$502.1M36.6%
Perishables$359.7M26.2%
Non Foods$305.5M22.2%
Gasoline$152.1M11.1%
Other$53.6M3.9%

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$53.6M$55.8M

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). Click any linked year to see what changed vs the prior annual report.

YearAnnual Revenue
2025$5.3Bvs 2024
2024$5.6Bvs 2023
2023$5.9Bvs 2022
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