UNITED NATURAL FOODS INCUNFIEarnings & Financial Report
United Natural Foods, Inc. (UNFI) is a Providence, Rhode Island–based natural and organic food company. The largest publicly traded wholesale distributor of health and specialty food in the United States and Canada, it is Whole Foods Market's main supplier, with their traffic making up over a third of its revenue in 2018.
Revenue
$7.8B
Gross Profit
$1.0B
Operating Profit
$16.0M
Net Profit
$-15.0M
Gross Margin
13.3%
Operating Margin
0.2%
Net Margin
-0.2%
YoY Growth
-0.5%
EPS
$-0.25
UNITED NATURAL FOODS INC Q2 FY2024 Financial Summary
UNITED NATURAL FOODS INC reported revenue of $7.8B (down 0.5% YoY) for Q2 FY2024, with a net profit of $-15.0M (down 178.9% YoY) (-0.2% margin). Cost of goods sold was $6.7B, operating expenses totaled $1.0B.
Key Financial Metrics
| Total Revenue | $7.8B |
|---|---|
| Net Profit | $-15.0M |
| Gross Margin | 13.3% |
| Operating Margin | 0.2% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
UNITED NATURAL FOODS INC Q2 FY2024 revenue of $7.8B breaks down across 5 segments, led by Chains at $3.3B (42.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Chains | $3.3B | 42.0% |
| Independent Retailers | $1.9B | 24.5% |
| Supernatural | $1.8B | 22.5% |
| Other Customer | $563.0M | 7.2% |
| Segment Continuing Operations | $330.0M | 4.2% |
UNITED NATURAL FOODS INC Revenue by Segment — Quarterly Trend
UNITED NATURAL FOODS INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Chains and Independent Retailers) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Other Customer | — | — | $302.0M | $334.0M |
UNITED NATURAL FOODS INC Annual Revenue by Year
UNITED NATURAL FOODS INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $31.8B).
| Year | Annual Revenue |
|---|---|
| 2025 | $31.8B |
| 2024 | $31.0B |
| 2023 | $30.3B |
| 2022 | $28.9B |
UNITED NATURAL FOODS INC Quarterly Revenue & Net Profit History
UNITED NATURAL FOODS 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 | $7.8B | -0.4% | $-4.0M | -0.1% |
| Q4 FY2025 | $7.7B | -5.6% | $-87.0M | -1.1% |
| Q3 FY2025 | $8.1B | +2.4% | $-7.0M | -0.1% |
| Q2 FY2025 | $8.2B | +8.8% | $-3.0M | -0.0% |
| Q1 FY2025 | $7.9B | +1.2% | $-21.0M | -0.3% |
| Q4 FY2024 | $8.2B | +8.0% | $-37.0M | -0.5% |
| Q3 FY2024 | $7.5B | -0.1% | $-21.0M | -0.3% |
| Q2 FY2024 | $7.8B | -0.5% | $-15.0M | -0.2% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.78B | $7.50B | $8.15B | $7.87B | $8.16B | $8.06B | $7.70B | $7.84B |
| YoY Growth | -0.5% | -0.1% | 8.0% | 1.2% | 8.8% | 2.4% | -5.6% | -0.4% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $7.67B | $7.58B | $7.53B | $7.97B | $7.73B | $7.62B | $7.59B | $7.56B |
| Liabilities | $5.98B | $5.90B | $5.89B | $6.34B | $6.11B | $5.99B | $6.04B | $6.01B |
| Equity | $1.69B | $1.68B | $1.64B | $1.63B | $1.63B | $1.63B | $1.55B | $1.55B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $183.0M | $125.0M | $199.0M | $-110.0M | $247.0M | $173.0M | $160.0M | $-38.0M |