The Chefs' Warehouse, Inc. (CHEF) — Financial statements
Income statement, balance sheet, and cash flow for The Chefs' Warehouse, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 4,150↑9.4% | 3,794↑10.5% | 3,434↑31.4% | 2,613↑49.7% | 1,746 | |
| Cost of Revenue | 3,145↑9.2% | 2,880↑10.0% | 2,619↑31.3% | 1,995↑47.2% | 1,355 | |
| Gross Profit | 1,004↑9.8% | 914↑12.2% | 814↑31.7% | 619↑58.4% | 390 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 850↑8.3% | 785↑11.4% | 705↑36.0% | 518↑36.6% | 379 | |
| Other Expenses | 1↑9.8% | 1↓87.6% | 9↓40.2% | 15↑3378.4% | 0.42 | |
| Operating Expenses | 851↑8.3% | 786↑10.1% | 714↑33.9% | 533↑40.4% | 380 | |
| Total Costs & Expenses | 3,996↑9.0% | 3,666↑10.0% | 3,333↑31.9% | 2,528↑45.7% | 1,735 | |
| Operating Results | ||||||
| Operating Income | 153↑19.4% | 128↑27.0% | 101↑17.7% | 86↑693.1% | 11 | |
| Depreciation & Amortization | 78↑20.3% | 65↑16.8% | 56↑39.1% | 40↑9.9% | 36 | |
| EBITDA | 223↑15.6% | 193↑23.4% | 157↑24.5% | 126↑166.5% | 47 | |
| EBIT | 145↑13.2% | 128↑27.0% | 101↑17.7% | 86↑693.1% | 11 | |
| Interest & Other Income | ||||||
| Net Interest Income | -42↑14.6% | -49↓7.0% | -45↓3.7% | -44↓149.3% | -18 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 42↓14.6% | 49↑7.0% | 45↑3.7% | 44↑149.3% | 18 | |
| Non-Operating Income | 8 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -50↓1.8% | -49↓7.0% | -45↓3.7% | -44↓149.3% | -18 | |
| Income Before Tax | 104↑30.2% | 80↑43.4% | 55↑32.4% | 42↑718.2% | -7 | |
| Income Tax Expense | 31↑29.6% | 24↑15.2% | 21↑47.7% | 14↑863.0% | -2 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 72↑30.4% | 55↑60.4% | 35↑24.6% | 28↑663.7% | -5 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 72↑30.4% | 55↑60.4% | 35↑24.6% | 28↑663.7% | -5 | |
| Bottom-Line Net Income | 77↑27.0% | 61↑51.8% | 40↑41.2% | 28↑675.5% | -5 | |
| EPS (Basic) | 1.87↑28.1% | 1.46↑37.7% | 1.06↑41.3% | 0.75↑676.9% | -0.13 | |
| EPS (Diluted) | 1.68↑27.3% | 1.32↑50.0% | 0.88↑20.5% | 0.73↑661.5% | -0.13 | |
| Weighted Average Shares | 39↑2.1% | 38↑0.7% | 38↑1.5% | 37↑1.0% | 37 | |
| Weighted Average Diluted Shares | 46↑0.1% | 46↑0.8% | 46↑17.8% | 39↑5.4% | 37 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.