Chefs' Warehouse, Inc. (CHEF)

Nasdaq Consumer Staples Food Distributors S&P SmallCap 600

$103.77

+0.42 (+0.41%)

Close of Nov 06, 2026 · end-of-day data

Source: Chefs' Warehouse, Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 05, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$1.19B	$1.30B	$1.44B	$1.59B	$1.11B	$1.75B	$2.61B	$3.43B	$3.79B	$4.15B
Cost of revenue	$891.65M	$972.14M	$1.10B	$1.21B	$863.48M	$1.36B	$1.99B	$2.62B	$2.88B	$3.15B
Gross profit	$301.22M	$329.38M	$348.92M	$386.57M	$248.15M	$390.49M	$618.64M	$814.47M	$914.15M	$1.00B
Selling, general & admin	—	—	$298.10M	$329.54M	$336.39M	$379.25M	$518.22M	$704.76M	$784.85M	$849.79M
Operating income	$47.24M	$41.13M	$48.59M	$50.67M	-$102.66M	$10.81M	$85.74M	$100.94M	$128.21M	$145.11M
Interest expense	$41.63M	$22.71M	$20.75M	$18.26M	$20.95M	$17.59M	$43.85M	$45.47M	$48.67M	$41.56M
Pre-tax income	$5.68M	$18.41M	$27.84M	$32.40M	-$123.61M	-$6.78M	$41.89M	$55.47M	$79.53M	$103.54M
Income tax	$2.65M	$4.04M	$7.44M	$8.21M	-$40.70M	-$1.85M	$14.14M	$20.88M	$24.05M	$31.18M
Net income	$3.02M	$14.37M	$20.40M	$24.19M	-$82.90M	-$4.92M	$27.75M	$34.59M	$55.48M	$72.36M
EBITDA	$54.32M	$49.64M	$58.88M	$63.99M	-$82.89M	$32.81M	$110.07M	$133.83M	$168.77M	$198.76M
EPS (basic)	$0.12	$0.55	$0.71	$0.82	$-2.46	$-0.13	$0.75	$0.92	$1.46	$1.87
EPS (diluted)	$0.12	$0.54	$0.70	$0.81	$-2.46	$-0.13	$0.73	$0.88	$1.32	$1.68
Diluted shares	26.03M	27.42M	29.68M	30.07M	33.72M	36.74M	38.74M	45.64M	45.98M	46.00M
Gross margin	25.3%	25.3%	24.2%	24.3%	22.3%	22.4%	23.7%	23.7%	24.1%	24.2%
Operating margin	4.0%	3.2%	3.4%	3.2%	-9.2%	0.6%	3.3%	2.9%	3.4%	3.5%
Net margin	0.3%	1.1%	1.4%	1.5%	-7.5%	-0.3%	1.1%	1.0%	1.5%	1.7%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$32.86M	$41.50M	$42.41M	$140.23M	$193.28M	$115.16M	$158.80M	$49.88M	$114.66M	$120.98M
Receivables	$128.03M	$142.17M	$161.76M	$175.04M	$96.38M	$172.54M	$260.17M	$334.01M	$366.31M	$392.37M
Inventory	$87.50M	$102.08M	$112.61M	$124.06M	$82.52M	$144.49M	$245.69M	$284.53M	$316.01M	$385.72M
Total current assets	$264.49M	$296.84M	$328.74M	$453.16M	$405.66M	$469.96M	$720.86M	$730.94M	$868.04M	$969.89M
Goodwill	$163.78M	$173.20M	$184.28M	$197.74M	$214.86M	$221.78M	$287.12M	$356.02M	$356.30M	$362.74M
Total assets	$633.54M	$687.75M	$732.40M	$1.01B	$974.33M	$1.07B	$1.51B	$1.71B	$1.86B	$2.03B
Total current liabilities	$107.37M	$108.27M	$125.54M	$150.15M	$118.10M	$197.02M	$283.75M	$385.78M	$425.40M	$473.46M
Short-term debt	$14.79M	$3.83M	$61.00K	$721.00K	$6.09M	$5.14M	$12.43M	$53.19M	$18.04M	$28.20M
Long-term debt	$317.73M	$314.00M	$278.17M	$386.11M	$398.08M	$394.16M	$653.50M	$664.80M	$688.74M	$720.33M
Total debt	$332.52M	$317.82M	$278.23M	$386.83M	$404.18M	$399.30M	$665.93M	$717.99M	$706.78M	$748.53M
Total liabilities	$439.78M	$439.15M	$423.72M	$677.75M	$629.74M	$723.58M	$1.11B	$1.25B	$1.32B	$1.42B
Shareholders' equity	$193.76M	$248.60M	$308.68M	$335.93M	$344.59M	$350.21M	$401.51M	$454.67M	$537.65M	$604.31M

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$38.91M	$31.50M	$45.08M	$45.01M	$42.88M	-$19.90M	$23.13M	$61.64M	$153.06M	$129.22M
Capital expenditures	$16.62M	$12.31M	$19.82M	$16.08M	$7.04M	$38.80M	$45.85M	$57.43M	$49.51M	$41.43M
Free cash flow	$22.29M	$19.19M	$25.27M	$28.93M	$35.84M	-$58.70M	-$22.71M	$4.21M	$103.56M	$87.79M
Investing cash flow	-$35.81M	-$42.41M	-$33.69M	-$44.15M	-$67.97M	-$48.99M	-$232.02M	-$179.31M	-$49.82M	-$46.76M
Financing cash flow	$27.23M	$19.43M	-$10.44M	$96.95M	$78.06M	-$9.22M	$253.22M	$9.01M	-$38.48M	-$76.22M
Share buybacks	—	—	—	—	—	—	$0	$0	$17.39M	$15.00M
Stock-based compensation	$2.58M	$3.02M	$4.09M	$4.40M	$9.29M	$11.48M	$13.60M	$20.04M	$17.78M	$21.24M
Depreciation & amortization	$7.08M	$8.52M	$10.30M	$13.33M	$19.77M	$22.00M	$24.33M	$32.89M	$40.56M	$53.65M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$950.47M	$874.49M	$954.70M	$931.45M	$1.03B	$950.75M	$1.03B	$1.02B	$1.14B	$1.06B	$1.17B	$1.14B
Cost of revenue	$721.85M	$665.05M	$725.70M	$706.70M	$782.61M	$724.75M	$780.57M	$774.13M	$866.00M	$801.64M	$875.73M	$851.04M
Gross profit	$228.62M	$209.44M	$229.00M	$224.75M	$250.96M	$226.00M	$254.34M	$247.19M	$276.56M	$257.37M	$292.89M	$284.33M
Selling, general & admin	$189.97M	$190.32M	$194.83M	$192.89M	$206.80M	$202.76M	$213.75M	$208.12M	$225.15M	$224.15M	$234.18M	$233.41M
Operating income	$38.16M	$16.00M	$33.87M	$31.88M	$46.45M	$22.73M	$40.22M	$38.94M	$43.22M	$33.13M	$58.63M	$51.49M
Interest expense	$12.08M	$13.24M	$11.69M	$11.74M	$12.00M	$10.25M	$10.71M	$10.54M	$10.06M	$10.40M	$9.41M	$9.00M
Pre-tax income	$26.07M	$2.76M	$22.18M	$20.14M	$34.46M	$12.48M	$29.50M	$28.40M	$33.16M	$22.74M	$49.22M	$42.49M
Income tax	$10.07M	$828.00K	$6.65M	$6.04M	$10.53M	$2.19M	$8.26M	$9.25M	$11.47M	$5.37M	$15.45M	$12.87M
Net income	$16.00M	$1.93M	$15.52M	$14.10M	$23.93M	$10.29M	$21.24M	$19.15M	$21.68M	$17.37M	$33.77M	$29.62M
EBITDA	$46.88M	$25.24M	$43.40M	$42.47M	$57.66M	$34.98M	$53.30M	$52.65M	$57.83M	$47.92M	$74.00M	$67.21M
EPS (basic)	$0.43	$0.05	$0.41	$0.37	$0.63	$0.27	$0.55	$0.50	$0.56	$0.45	$0.87	$0.76
EPS (diluted)	$0.39	$0.05	$0.37	$0.34	$0.55	$0.25	$0.49	$0.44	$0.50	$0.40	$0.76	$0.67
Diluted shares	6.50M	38.63M	45.95M	45.94M	95.04K	46.09M	46.03M	45.80M	44.23K	46.08M	46.05M	46.16M
Gross margin	24.1%	23.9%	24.0%	24.1%	24.3%	23.8%	24.6%	24.2%	24.2%	24.3%	25.1%	25.0%
Operating margin	4.0%	1.8%	3.5%	3.4%	4.5%	2.4%	3.9%	3.8%	3.8%	3.1%	5.0%	4.5%
Net margin	1.7%	0.2%	1.6%	1.5%	2.3%	1.1%	2.1%	1.9%	1.9%	1.6%	2.9%	2.6%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$49.88M	$42.27M	$38.34M	$50.70M	$114.66M	$116.53M	$96.87M	$65.06M	$120.98M	$122.71M	$135.47M	$164.72M
Receivables	$334.01M	$313.10M	$323.43M	$334.36M	$366.31M	$335.85M	$350.75M	$347.52M	$392.37M	$377.35M	$395.88M	$398.83M
Inventory	$284.53M	$271.79M	$310.36M	$336.29M	$316.01M	$316.85M	$367.90M	$385.39M	$385.72M	$364.04M	$379.84M	$404.47M
Total current assets	$730.94M	$692.69M	$740.55M	$792.31M	$868.04M	$835.02M	$883.45M	$868.98M	$969.89M	$930.93M	$975.77M	$1.04B
Goodwill	$356.02M	$356.58M	$356.53M	$356.59M	$356.30M	$356.34M	$356.54M	$356.63M	$362.74M	$362.68M	$363.39M	$363.41M
Total assets	$1.71B	$1.67B	$1.72B	$1.77B	$1.86B	$1.84B	$1.91B	$1.92B	$2.03B	$1.99B	$2.03B	$2.08B
Total current liabilities	$385.78M	$359.87M	$399.53M	$429.11M	$425.40M	$407.26M	$439.87M	$405.74M	$473.46M	$427.74M	$454.30M	$471.10M
Short-term debt	$53.19M	$55.51M	$56.63M	$64.72M	$18.04M	$20.27M	$19.07M	$21.62M	$28.20M	$29.53M	$30.96M	$32.10M
Long-term debt	$664.80M	$667.29M	$660.76M	$666.56M	$688.74M	$681.08M	$690.22M	$711.74M	$720.33M	$720.90M	$693.72M	$696.77M
Total debt	$717.99M	$722.80M	$717.38M	$731.27M	$706.78M	$701.35M	$709.30M	$733.36M	$748.53M	$750.43M	$724.68M	$728.87M
Total liabilities	$1.25B	$1.22B	$1.25B	$1.29B	$1.32B	$1.30B	$1.35B	$1.34B	$1.42B	$1.38B	$1.38B	$1.40B
Shareholders' equity	$454.67M	$447.79M	$461.88M	$480.35M	$537.65M	$541.64M	$557.72M	$576.64M	$604.31M	$608.63M	$648.24M	$686.56M

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$41.59M	$30.90M	$29.33M	$19.83M	$73.00M	$49.57M	$14.50M	-$8.72M	$73.87M	$38.26M	$58.39M	$44.49M
Capital expenditures	$22.30M	$17.07M	$16.06M	$8.01M	$8.38M	$12.34M	$9.98M	$11.02M	$8.09M	$7.70M	$9.23M	$8.49M
Free cash flow	$19.30M	$13.83M	$13.27M	$11.82M	$64.63M	$37.22M	$4.52M	-$19.73M	$65.78M	$30.56M	$49.16M	$36.00M
Investing cash flow	-$23.58M	-$17.38M	-$16.06M	-$8.01M	-$8.38M	-$12.34M	-$9.98M	-$11.02M	-$13.42M	-$7.70M	-$9.51M	-$8.49M
Financing cash flow	-$1.46M	-$21.25M	-$17.11M	$537.00K	-$656.00K	-$35.41M	-$24.23M	-$11.94M	-$4.63M	-$28.78M	-$36.09M	-$6.73M
Share buybacks	$0	$5.00M	$5.00M	$0	$7.39M	$0	$10.00M	$5.00M	-$1.00K	$10.00M	$0	$0
Stock-based compensation	$4.19M	$4.20M	$4.55M	$4.42M	$4.60M	$4.76M	$4.87M	$4.92M	$6.69M	$5.29M	$7.54M	$9.30M
Depreciation & amortization	$8.72M	$9.23M	$9.54M	$10.59M	$11.20M	$12.24M	$13.09M	$13.71M	$14.61M	$14.79M	$15.37M	$15.72M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.