1.Sales and profit
See section β- Sow Good Inc. had $0.0M of revenue in fiscal 2025.
- Sow Good Inc. lost $40.6M in fiscal 2025.
Sow Good Inc.
SOWG Nasdaq Food And Kindred Products Financials FY2016βFY2025
Sow Good Inc. had $0.0M of revenue in fiscal 2025.
Download report
3-page PDF: the company, its results and charts with peers.
Last close Β· Oct 23, 2026
$1.87
1.3%KIRAβs summary AI analyst
Hi! I read Sow Good Inc.βs latest annual report (fiscal 2025). Here is what stands out:
2 to watch
2.Cash and shareholders
See section β- No open-market insider trades in the last 12 months.
3.Financial health
See section β- Sow Good Inc. passes 1 of 7 financial health tests (Piotroski F-score).
Sow Good Inc. in 30 seconds
Good So-so Weak
Weak
Does it make a profit?
β$40.6M
No. It lost money last year.
Weak
How healthy are the accounts?
1 / 7
Weak. It passes 1 of 7 health tests.
For information
How is the share priced?
0.4x
One share costs 0.4 times its yearly profit per share.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Key numbers, fiscal 2025
Market cap
Last close times the latest diluted share count, so it is approximate.
$37.5M
Oct 23 close
P/E
Last close divided by diluted earnings per share over the last four quarters.
0.4x
On $5.07 EPS (TTM)
Charts by
Sales and profit
Is it selling more, and how much does it keep?
Results dates
In plain words: Every quarter, companies publish how much they sold and earned. These are the days Sow Good Inc. did it, and the next one. Share prices often move a lot on those days.
Next results
November 13, 2026
Friday Β· in 18 days
- Time
- Time not announced
- Covers
- Period ended Sep 30, 2026
- Source
- Earnings calendar
| Date | Results for | Time | Source |
|---|---|---|---|
| Aug 19, 2026 | Q2 '26 | After the market closes | 10-Q β |
| May 20, 2026 | Q1 '26 | After the market closes | 10-Q β |
| Mar 31, 2026 | Q4 '25 | Before the market opens | 10-K β |
| Oct 27, 2025 | Q3 '25 | Before the market opens | 8-K β |
| Aug 14, 2025 | Q2 '25 | Before the market opens | 8-K β |
| May 14, 2025 | Q1 '25 | Before the market opens | 8-K β |
| Mar 21, 2025 | Q4 '24 | Time not announced | 8-K β |
| Nov 14, 2024 | Q3 '24 | Before the market opens | 8-K β |
From SEC filings: the results press release (8-K) or, without one, the quarterly or annual report.
Revenue and margins
KIRA Β· Sow Good Inc. had $0.0M of revenue in fiscal 2025.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
FY16
Revenue $1.0M
FY17
Revenue $1.0M
FY18
Revenue $0.0M
FY19
Revenue $0.5M
FY20
Revenue $0.0M
FY21
Revenue $0.1M
FY22
Revenue $0.4M
FY23
Revenue $16.1M
FY24
Revenue $0.0M
FY25
Revenue $0.0M
Revenue
Q3 '23
Revenue $5.0M
Q4 '23
Revenue $9.5M
Q1 '24
Revenue $11.4M
Q2 '24
Revenue $15.6M
Q3 '24
Revenue $3.6M
Q4 '24
Revenue β$30.6M
Q1 '25
Revenue $2.5M
Q2 '25
Revenue $1.9M
Q3 '25
Revenue $1.6M
Q4 '25
Revenue β$5.9M
Q1 '26
Revenue β
Q2 '26
Revenue β
Margins, % of revenue
FY16
Gross β
Operating β140.8%
Net 2,853.3%
FCF 281.4%
FY17
Gross β
Operating β145.3%
Net β39.3%
FCF β
FY18
Gross β
Operating β
Net β
FCF β
FY19
Gross β
Operating β556.5%
Net 885.2%
FCF β2,082.3%
FY20
Gross β
Operating β
Net β
FCF β
FY21
Gross 8.0%
Operating β8,040.6%
Net β7,776.2%
FCF β
FY22
Gross 28.0%
Operating β2,542.7%
Net β2,832.8%
FCF β
FY23
Gross 20.4%
Operating β7.6%
Net β19.0%
FCF β
FY24
Gross β
Operating β
Net β
FCF β
FY25
Gross β
Operating β
Net β
FCF β
Gross
Operating
Net
FCF
Margins, % of revenue
Q3 '23
Gross 26.5%
Operating 6.7%
Net 6.6%
FCF β
Q4 '23
Gross 35.8%
Operating 19.1%
Net 13.9%
FCF β
Q1 '24
Gross 40.6%
Operating 8.1%
Net 4.5%
FCF β
Q2 '24
Gross 57.6%
Operating 31.2%
Net 21.3%
FCF β
Q3 '24
Gross 15.6%
Operating β91.6%
Net β95.1%
FCF β
Q4 '24
Gross 4.0%
Operating 44.6%
Net 13.6%
FCF β
Q1 '25
Gross 44.5%
Operating β64.0%
Net β111.2%
FCF β
Q2 '25
Gross β7.0%
Operating β62.4%
Net β225.5%
FCF β
Q3 '25
Gross β576.1%
Operating β812.4%
Net β704.1%
FCF β
Q4 '25
Gross β
Operating β212.4%
Net 389.9%
FCF β
Q1 '26
Gross β
Operating β
Net β
FCF β
Q2 '26
Gross β
Operating β
Net β
FCF β
Gross
Operating
Net
FCF
Net income and earnings per share
KIRA Β· Sow Good Inc. lost $40.6M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
FY16
Net income $29.9M
FY17
Net income β$0.4M
FY18
Net income β$0.3M
FY19
Net income $4.1M
FY20
Net income β$5.3M
FY21
Net income β$6.9M
FY22
Net income β$12.1M
FY23
Net income β$3.1M
FY24
Net income β$3.7M
FY25
Net income β$40.6M
Net income
Q3 '23
Net income $0.3M
Q4 '23
Net income $1.3M
Q1 '24
Net income $0.5M
Q2 '24
Net income $3.3M
Q3 '24
Net income β$3.4M
Q4 '24
Net income β$4.2M
Q1 '25
Net income β$2.8M
Q2 '25
Net income β$4.2M
Q3 '25
Net income β$10.9M
Q4 '25
Net income β$22.9M
Q1 '26
Net income β$2.5M
Q2 '26
Net income β$3.9M
Diluted EPS
FY16
Diluted EPS $0.62
FY17
Diluted EPS $0.00
FY18
Diluted EPS β$0.21
FY19
Diluted EPS $2.58
FY20
Diluted EPS β$2.82
FY21
Diluted EPS β$1.61
FY22
Diluted EPS β$2.51
FY23
Diluted EPS β$0.59
FY24
Diluted EPS β$0.40
FY25
Diluted EPS β$3.44
Diluted EPS
Q3 '23
Diluted EPS $0.04
Q4 '23
Diluted EPS $0.34
Q1 '24
Diluted EPS $0.06
Q2 '24
Diluted EPS $0.29
Q3 '24
Diluted EPS β$0.33
Q4 '24
Diluted EPS β$0.42
Q1 '25
Diluted EPS β$3.40
Q2 '25
Diluted EPS β$5.43
Q3 '25
Diluted EPS β$0.90
Q4 '25
Diluted EPS $6.29
Q1 '26
Diluted EPS β$0.13
Q2 '26
Diluted EPS β$0.19
Cash and shareholders
How much cash comes in, and where does it go?
Cash flow
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
FY16
Free cash flow $3.0M
FY17
Free cash flow β
FY18
Free cash flow β$0.2M
FY19
Free cash flow β$9.7M
FY20
Free cash flow β
FY21
Free cash flow β
FY22
Free cash flow β
FY23
Free cash flow β
FY24
Free cash flow β
FY25
Free cash flow β
Cash from operations vs capital spending
FY16
Cash from operations $3.0M
Capital spending $0.0M
FY17
Cash from operations β$0.8M
Capital spending β
FY18
Cash from operations β$0.2M
Capital spending $0.0M
FY19
Cash from operations β$9.7M
Capital spending $0.0M
FY20
Cash from operations β$1.7M
Capital spending β
FY21
Cash from operations β$5.6M
Capital spending β
FY22
Cash from operations β$5.1M
Capital spending β
FY23
Cash from operations β$4.8M
Capital spending β
FY24
Cash from operations β$9.4M
Capital spending β
FY25
Cash from operations β$4.3M
Capital spending β
Cash from operations
Capital spending
Cash from operations vs capital spending
Q3 '23
Cash from operations β$0.9M
Capital spending β
Q4 '23
Cash from operations β$1.5M
Capital spending β
Q1 '24
Cash from operations $1.3M
Capital spending β
Q2 '24
Cash from operations β$2.2M
Capital spending β
Q3 '24
Cash from operations β$5.2M
Capital spending β
Q4 '24
Cash from operations β$3.3M
Capital spending β
Q1 '25
Cash from operations β$2.0M
Capital spending β
Q2 '25
Cash from operations β$0.5M
Capital spending β
Q3 '25
Cash from operations β$0.8M
Capital spending β
Q4 '25
Cash from operations β$1.0M
Capital spending β
Q1 '26
Cash from operations β$1.7M
Capital spending β
Q2 '26
Cash from operations β$2.6M
Capital spending β
Cash from operations
Capital spending
Dividends, buybacks and share count
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
FY16
Dividends β
Buybacks β
FY17
Dividends β
Buybacks β
FY18
Dividends β
Buybacks β
FY19
Dividends β
Buybacks β
FY20
Dividends β
Buybacks β
FY21
Dividends β
Buybacks β
FY22
Dividends β
Buybacks β
FY23
Dividends β
Buybacks β
FY24
Dividends β
Buybacks β
FY25
Dividends β
Buybacks β
Dividends
Buybacks
Diluted shares outstanding (annual)
FY16
Diluted shares 0.05B
FY17
Diluted shares 0.16B
FY18
Diluted shares 0.00B
FY19
Diluted shares 0.00B
FY20
Diluted shares 0.00B
FY21
Diluted shares 0.00B
FY22
Diluted shares 0.00B
FY23
Diluted shares 0.01B
FY24
Diluted shares 0.01B
FY25
Diluted shares 0.01B
Insider trades
KIRA Β· No open-market insider trades in the last 12 months.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Financial health
Can it carry its debts, and how well does it use its money?
Balance sheet
Cash, debt and the ratios that show how comfortably Sow Good Inc. can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
FY16
Cash $0.1M
Debt β
FY17
Cash $1.5M
Debt β
FY18
Cash $1.5M
Debt β
FY19
Cash $0.1M
Debt β
FY20
Cash $1.9M
Debt β
FY21
Cash $3.3M
Debt $0.7M
FY22
Cash $0.3M
Debt β
FY23
Cash $2.4M
Debt β
FY24
Cash $3.7M
Debt β
FY25
Cash $1.5M
Debt β
Cash
Debt
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $3.3M | $0.3M | $2.4M | $3.7M | $1.5M |
| Debt incl. finance leases | $0.7M | β | β | β | β |
| Debt / equity | 0.1x | β | β | β | β |
| Interest coverage | β1,204.7x | β8.5x | β0.7x | β15.0x | β41.3x |
| Current ratio | 12.1x | 2.9x | 1.8x | 3.4x | 0.5x |
| Quick ratio | 8.5x | 0.8x | 1.1x | 3.4x | 0.5x |
| Total assets | $14.1M | $8.9M | $21.5M | $54.7M | $3.8M |
| Total liabilities | $3.3M | $6.1M | $14.2M | $22.7M | $6.3M |
| Shareholders' equity | $10.8M | $2.8M | $7.3M | $32.0M | β$2.6M |
| Net debt (β = net cash) | β$2.6M | β | β | β | β |
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
FY16
Return on capital β
Return on equity 15,078.4%
Return on assets 12,732.1%
FY17
Return on capital β
Return on equity β46.2%
Return on assets β0.6%
FY18
Return on capital β
Return on equity β23.2%
Return on assets β0.2%
FY19
Return on capital β
Return on equity 115.3%
Return on assets 5.5%
FY20
Return on capital β
Return on equity β67.5%
Return on assets β54.6%
FY21
Return on capital β68.7%
Return on equity β65.9%
Return on assets β52.0%
FY22
Return on capital β
Return on equity β177.9%
Return on assets β105.4%
FY23
Return on capital β
Return on equity β60.7%
Return on assets β20.1%
FY24
Return on capital β
Return on equity β18.9%
Return on assets β9.7%
FY25
Return on capital β
Return on equity β276.2%
Return on assets β139.0%
Return on capital
Return on equity
Return on assets
Piotroski F-score
KIRA Β· Sow Good Inc. passes 1 of 7 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | 1 / 7 | 3 / 7 | 5 / 7 | 1 / 7 | 3 / 7 | 3 / 8 | 2 / 8 | 2 / 7 | 1 / 7 |
| Accruals ratio | 11,476.5% | 0.6% | β0.1% | 18.5% | β36.7% | β10.0% | β60.7% | 11.7% | 15.0% | β124.3% |
| Altman Z'' | β514.93 | 7.62 | 1.48 | β7.39 | β5.77 | β7.91 | β26.89 | β7.35 | β1.48 | β106.05 |
All figures
Every number, year by year.
10 years of figures
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $1.0M | $1.0M | $0.0M | $0.5M | $0.0M | $0.1M | $0.4M | $16.1M | $0.0M | $0.0M |
| Gross profit | β | β | β | β | $0.0M | $0.0M | $0.1M | $3.3M | $13.0M | β |
| Operating income | β$1.5M | β$1.5M | β$1.9M | β$2.6M | β$3.0M | β$7.1M | β$10.9M | β$1.2M | β$11.1M | β$6.6M |
| Interest expense | $0.0M | $0.0M | $0.0M | $0.0M | $0.4M | $0.0M | $1.3M | $1.8M | $0.7M | $0.2M |
| Pretax income | $40.1M | β$0.1M | $0.3M | $12.9M | β$5.3M | β | β$12.1M | β$3.1M | β$11.8M | β$6.8M |
| Income tax | $0.0M | $0.1M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Net income | $29.9M | β$0.4M | β$0.3M | $4.1M | β$5.3M | β$6.9M | β$12.1M | β$3.1M | β$3.7M | β$40.6M |
| Net income to common | β | β | β | β | β | β | β$12.1M | β$3.1M | β$3.7M | β |
| Diluted EPS | $0.62 | $0.00 | β$0.21 | $2.58 | β$2.82 | β$1.61 | β$2.51 | β$0.59 | β$0.40 | β$3.44 |
| Diluted shares | 0.05B | 0.16B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.01B | 0.01B | 0.01B |
| Cash flow | ||||||||||
| Cash from operations | $3.0M | β$0.8M | β$0.2M | β$9.7M | β$1.7M | β$5.6M | β$5.1M | β$4.8M | β$9.4M | β$4.3M |
| Capital expenditure | $0.0M | β | $0.0M | $0.0M | β | β | β | β | β | β |
| Free cash flow | $3.0M | β | β$0.2M | β$9.7M | β | β | β | β | β | β |
| Depreciation and amortization | $3.1M | $0.0M | $0.0M | $0.0M | $0.0M | $0.2M | $0.3M | $0.5M | $0.0M | $0.0M |
| Stock-based compensation | $0.6M | $0.6M | $0.3M | $0.1M | $0.7M | $1.4M | $0.9M | $0.8M | $3.7M | $2.4M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $0.1M | $1.5M | $1.5M | $0.1M | $1.9M | $3.3M | $0.3M | $2.4M | $3.7M | $1.5M |
| Total debt | β | β | β | β | β | $0.7M | β | β | β | β |
| Current assets | $0.2M | $1.6M | $1.6M | $7.1M | $2.4M | $4.9M | $2.6M | $10.4M | $25.1M | $3.4M |
| Current liabilities | $0.0M | $0.2M | $0.7M | $1.4M | $0.6M | $0.4M | $0.9M | $5.8M | $7.4M | $6.2M |
| Inventory | β | β | β | $0.0M | $0.1M | $1.5M | $1.9M | $4.1M | $0.0M | $0.0M |
| Property and equipment, net | $0.0M | $0.0M | $0.0M | $0.0M | $1.9M | $2.7M | $5.0M | $6.7M | $0.1M | $0.0M |
| Goodwill | β | β | β | $0.0M | $6.4M | $4.9M | $0.0M | β | β | β |
| Intangible assets | β | β | β | β | $0.2M | $0.3M | $0.0M | β | β | β |
| Total assets | $0.2M | $141M | $143M | $7.1M | $12.3M | $14.1M | $8.9M | $21.5M | $54.7M | $3.8M |
| Total liabilities | $0.0M | $0.2M | $0.7M | $1.4M | $2.3M | $3.3M | $6.1M | $14.2M | $22.7M | $6.3M |
| Preferred stock | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Shareholders' equity | $0.2M | $1.5M | $1.5M | $5.7M | $10.1M | $10.8M | $2.8M | $7.3M | $32.0M | β$2.6M |
| Margins | ||||||||||
| Gross margin | β | β | β | β | β | 8.0% | 28.0% | 20.4% | β | β |
| Operating margin | β140.8% | β145.3% | β | β556.5% | β | β8,040.6% | β2,542.7% | β7.6% | β | β |
| EBITDA margin | 157.3% | β144.2% | β | β556.3% | β | β7,804.9% | β2,472.8% | β4.7% | β | β |
| Net margin | 2,853.3% | β39.3% | β | 885.2% | β | β7,776.2% | β2,832.8% | β19.0% | β | β |
| FCF margin | 281.4% | β | β | β2,082.3% | β | β | β | β | β | β |
| Returns | ||||||||||
| Return on capital | β | β | β | β | β | β68.7% | β | β | β | β |
| Return on capital employed | β744.2% | β1.0% | β1.3% | β45.6% | β25.7% | β51.9% | β135.9% | β7.8% | β23.4% | 273.9% |
| Return on equity | 15,078.4% | β46.2% | β23.2% | 115.3% | β67.5% | β65.9% | β177.9% | β60.7% | β18.9% | β276.2% |
| Return on assets | 12,732.1% | β0.6% | β0.2% | 5.5% | β54.6% | β52.0% | β105.4% | β20.1% | β9.7% | β139.0% |
| Return on tangible equity | 15,078.4% | β26.2% | β23.4% | 72.5% | β155.4% | β122.1% | β431.4% | β42.0% | β11.6% | β |
| Growth | ||||||||||
| Revenue growth | β | β4.7% | β100.0% | β | β100.0% | β | 384.3% | 3,654.0% | β100.0% | β |
| Net income growth | β | β101.3% | β | β | β228.8% | β | β | β | β | β |
| EPS growth | β | β100.0% | β | β | β209.3% | β | β | β | β | β |
| Share count change | β | 222.1% | β99.0% | β0.0% | 17.9% | 125.9% | 13.4% | 6.9% | 78.7% | 28.1% |
| Financial health | ||||||||||
| Debt / equity | β | β | β | β | β | 0.1x | β | β | β | β |
| Interest coverage | β | β167.0x | β | β | β7.8x | β1,204.7x | β8.5x | β0.7x | β15.0x | β41.3x |
| Current ratio | 4.2x | 8.4x | 2.4x | 4.9x | 3.8x | 12.1x | 2.9x | 1.8x | 3.4x | 0.5x |
| Quick ratio | 4.2x | 8.4x | 2.4x | 4.9x | 3.6x | 8.5x | 0.8x | 1.1x | 3.4x | 0.5x |
| Capital allocation | ||||||||||
| Capex / revenue | 0.0% | β | β | 1.3% | β | β | β | β | β | β |
| Stock comp / revenue | 59.7% | 57.5% | β | 21.5% | β | 1,558.1% | 201.4% | 5.2% | β | β |
| Quality scores | ||||||||||
| Piotroski F-score | β | 1.0 | 3.0 | 5.0 | 1.0 | 3.0 | 3.0 | 2.0 | 2.0 | 1.0 |
| Altman Z'' | β514.9 | 7.6 | 1.5 | β7.4 | β5.8 | β7.9 | β26.9 | β7.3 | β1.5 | β106.0 |
| Accruals ratio | 11,476.5% | 0.6% | β0.1% | 18.5% | β36.7% | β10.0% | β60.7% | 11.7% | 15.0% | β124.3% |
Source: SEC EDGAR XBRL filings (CIK 0001490161). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.