SOWG · Sow Good Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | $1.55M | $1.86M | $2.48M | - | $3.55M | $15.65M | $11.41M | - |
| Cost of Revenue | - | - | $10.50M | $1.99M | $1.37M | - | $3.00M | $6.64M | $6.78M | - |
| Gross Profit | - | - | ($8.95M) | ($129.7K) | $1.10M | - | $556.0K | $9.01M | $4.63M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $1.68M | - | $3.64M | $3.94M | $3.51M | - | $3.80M | $4.12M | $3.69M | - |
| Total Operating Expenses | $1.69M | - | $3.67M | $3.94M | $3.52M | - | $3.81M | $4.12M | $3.70M | - |
| D&A | $2.5K | - | $8.6K | $8.6K | $252.4K | - | $8.6K | $4.9K | $167.0K | - |
| Operating Income | ($1.69M) | - | ($12.62M) | ($4.07M) | ($2.42M) | - | ($3.26M) | $4.89M | $929.3K | - |
| Interest Expense | $243.6K | - | $93.3K | $113.2K | $418.7K | - | $225.1K | $599.7K | $418.7K | - |
| Income Tax | - | - | $0 | $0 | $0 | - | ($62.3K) | $257.9K | $0 | - |
| Net Income | ($2.49M) | - | ($10.94M) | ($4.19M) | ($2.57M) | - | ($3.38M) | $3.34M | $510.6K | - |
| EPS - Basic | ($0.13) | - | ($13.50) | ($5.40) | ($3.45) | - | ($4.95) | $5.25 | $1.20 | - |
| EPS - Diluted | ($0.13) | - | ($13.50) | ($5.40) | ($3.45) | - | ($4.95) | $4.35 | $0.90 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.32M | $1.47M | $387.3K | $959.4K | $1.62M | $3.72M | $6.95M | $14.37M | $6.82M | $2.41M |
| Accounts Receivable | $2.7K | - | $174.8K | $701.2K | $1.33M | $460.1K | $1.23M | $6.20M | $2.93M | $2.58M |
| Inventory | $4.9K | $22.9K | $11.52M | $20.81M | $21.14M | $20.31M | $19.43M | $10.32M | $5.14M | $4.12M |
| Accounts Payable | $1.03M | $1.30M | $818.8K | $1.18M | $1.21M | $1.37M | $1.30M | $1.78M | $894.0K | $853.5K |
| Current Assets | $2.96M | $3.39M | $13.05M | $22.80M | $24.63M | $25.08M | $28.39M | $32.21M | $16.21M | $10.24M |
| Total Assets | $3.05M | $3.78M | $25.57M | $49.99M | $52.72M | $54.70M | $57.67M | $60.19M | $27.90M | $21.49M |
| Current Liabilities | $4.35M | $6.19M | $3.22M | $5.38M | $6.75M | $7.36M | $8.69M | $6.28M | $6.54M | $5.77M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $4.50M | $6.34M | $6.48M | $21.41M | $21.93M | $22.71M | $24.85M | $25.17M | $15.00M | $14.21M |
| Stockholders' Equity | ($1.45M) | ($2.56M) | $19.09M | $28.57M | $30.79M | $31.99M | $32.82M | $35.02M | $12.90M | $7.28M |
| Retained Earnings | ($105.57M) | ($103.08M) | ($80.14M) | ($69.20M) | ($65.01M) | ($62.44M) | ($58.27M) | ($54.89M) | ($58.23M) | ($58.74M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($1.69M) | - | - | - | ($2.00M) | - | - | - | $1.30M | - |
| Investing Cash Flow | - | - | - | - | ($107.8K) | - | - | - | ($630.3K) | - |
| Financing Cash Flow | $2.53M | - | - | - | $0 | - | - | - | $3.74M | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | -576.1% | -7.0% | 44.5% | - | 15.6% | 57.6% | 40.6% | - |
| Operating margin | - | - | -812.4% | -219.5% | -97.5% | - | -91.6% | 31.2% | 8.1% | - |
| EBITDA margin | - | - | -811.9% | -219.0% | -87.3% | - | -91.4% | 31.3% | 9.6% | - |
| Net margin | - | - | -704.1% | -225.5% | -103.8% | - | -95.1% | 21.3% | 4.5% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | 234.2% | 212.0% | 141.7% | - | 107.0% | 26.3% | 32.4% | - |
| Effective tax rate | - | - | - | - | - | - | - | 7.2% | 0.0% | - |
| Return on assets | -81.7% | - | -42.8% | -8.4% | -4.9% | - | -5.9% | 5.5% | 1.8% | - |
| Return on equity | 171.6% | - | -57.3% | -14.7% | -8.4% | - | -10.3% | 9.5% | 4.0% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.68 | 0.55 | 4.06 | 4.23 | 3.65 | 3.40 | 3.27 | 5.13 | 2.48 | 1.77 |
| Quick ratio | 0.68 | 0.54 | 0.47 | 0.37 | 0.52 | 0.65 | 1.03 | 3.48 | 1.69 | 1.06 |
| Cash ratio | 0.53 | 0.24 | 0.12 | 0.18 | 0.24 | 0.51 | 0.80 | 2.29 | 1.04 | 0.42 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -6.9x | - | -135.3x | -36.0x | -5.8x | - | -14.5x | 8.1x | 2.2x | - |
| Equity multiplier | -2.10 | -1.47 | 1.34 | 1.75 | 1.71 | 1.71 | 1.76 | 1.72 | 2.16 | 2.95 |
| Liabilities / Assets | 1.48 | 1.68 | 0.25 | 0.43 | 0.42 | 0.42 | 0.43 | 0.42 | 0.54 | 0.66 |
| Efficiency | ||||||||||
| Asset turnover | - | - | 0.06 | 0.04 | 0.05 | - | 0.06 | 0.26 | 0.41 | - |
| Inventory turnover | - | - | 0.91 | 0.10 | 0.06 | - | 0.15 | 0.64 | 1.32 | - |
| Days sales outstanding | - | - | 41d | 138d | 196d | - | 127d | 145d | 94d | - |
| Days inventory outstanding | - | - | 401d | 3824d | 5616d | - | 2366d | 567d | 277d | - |
| Days payable outstanding | - | - | 28d | 216d | 322d | - | 158d | 98d | 48d | - |
| Cash conversion cycle | - | - | 413d | 3746d | 5490d | - | 2334d | 614d | 323d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | 69.0x | 175.0x | - |
| P / B | - | - | 7.2x | 4.7x | 5.6x | - | 54.7x | 97.6x | 97.3x | - |
| P / S | - | - | 88.4x | 72.9x | 69.4x | - | 505.5x | 218.5x | 110.1x | - |
| EV / EBITDA | - | - | - | - | - | - | - | 696.3x | 1139.2x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | -56.3% | -88.1% | -78.3% | - | -29.4% | 1089.7% | 5633.8% | - |
| Revenue CAGR (3y) | - | - | 160.6% | 96.4% | 271.3% | - | 451.9% | 1202.8% | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | 87.5% | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | -76.2% | - | -76.0% | - | 3686.9% | - |
| Operating income growth (YoY) | 30.2% | - | -287.4% | - | - | - | - | - | - | - |
| Net income growth (YoY) | 3.2% | - | -223.5% | - | - | - | - | - | - | - |
| EPS growth (YoY) | 96.2% | - | -172.7% | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | -41.8% | -18.4% | 138.7% | 339.4% | 1043.7% | 4305.4% | 435.6% | 159.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-12-31.
Business segments
$31.99M totalReportable Segment Aggregation Before Other Operating Segment$31.99M · 100.0%
Peer comparison
Same SIC group: Food and Kindred Products
Comparing Sow Good Inc. against the 5 most active filers in the same SIC group.