Company file · KR

Kroger

Pharmacy was Kroger's fastest-growing product or service in FY2026, up 15.8%

Revenue rose 0.4% to $147.6B in FY2026, from $147.1B in FY2025. Net income fell 61.9% to $1.0B. Non Perishable was the largest product or service, at 53% of revenue.

Prepared from SEC filings · Latest annual report: 10-K for FY2026 (filed Mar 31, 2026) · Latest quarter: 10-Q for the quarter ended Aug 15, 2026 (filed Sep 18, 2026) · Data pulled Nov 11, 2026

Key facts

In fiscal 2026, which ended Jan 31, 2026, Kroger (NYSE: KR) took in $147.6B of revenue (up 0.4% on fiscal 2025); net income was $1.0B (down 61.9%). The most recent quarter, ended Aug 15, 2026, brought revenue of $34.6B, up 2.0% year over year, with net income of $641M. Non Perishable was the biggest single line by product or service: 53% of fiscal 2026 revenue. Sources: 10-K for fiscal 2026 (filed Mar 31, 2026) and 10-Q for the quarter ended Aug 15, 2026 (filed Sep 18, 2026).

Revenue$147.6BFY2026 · +0.4% vs FY2025

Net income$1.0BFY2026 · −61.9% vs FY2025

Operating cash flow$7.3BFY2026 · +26.2% vs FY2025

Cash & equivalents$1.7Bat Aug 15, 2026 · −49.7% vs FY2026 end

Total debt$15.4Bat Aug 15, 2026 · −3.2% vs FY2026 end

Diluted shares655MFY2026 avg · −9.0% vs FY2025

Revenue and net income, three fiscal yearsBy fiscal year, $bn

RevenueNet income

Source: 10-K FY2026, filed Mar 31, 2026

Quarterly revenue: fiscal 2027 vs a year earlierFiscal Q1, $bn (each quarter from that quarter's 10-Q)

FY2026FY2027

Source: 10-Q filed Sep 18, 2026

How it makes money

By product or service, FY2026

LineAmountSharevs FY2025
Non Perishable$77.6B53%+0.6%
Perishable$37.2B25%+2.4%
Pharmacy$18.2B12%+15.8%
Supermarket Fuel$13.6B9%−9.3%
Other Product$1.1B1%−63.1%

Source: 10-K FY2026, XBRL breakdown

By product or service in FY2026: Non Perishable (53%), Perishable (25%), Pharmacy (12%) and Supermarket Fuel (9%), as shares of total revenue. Total revenue was $147.6B.

By product or service: three-year mixShare of the total each fiscal year

FY2024

52%24%10%11%

FY2025

52%25%11%10%

FY2026

53%25%12%9%

Non PerishablePerishablePharmacySupermarket FuelOther Product

Source: 10-K FY2026

Learn more: Revenue vs. net income · Gross, operating and net margin

What changed last quarter

How the quarter compared with a year earlier

Comparing Q2 FY2027 (May to Aug 2026) compared with Q2 FY2026 (Jun to Aug 2025)

Each pair of bars shows the dollar amount for both quarters. Longer bar, more money. Bars in a group share one scale.

Q2 FY2027Q2 FY2026

Company

Revenue

$34.6B Q2 FY2027

$33.9B Q2 FY2026

2.0% increase

Net income

$641M Q2 FY2027

$609M Q2 FY2026

5.3% increase

Source: Kroger 10-Q for the quarter ended Aug 15, 2026, filed Sep 18, 2026

Cash & equivalents $1.7B at Aug 15, 2026, vs $3.3B at FY2026 end.
Total debt $15.4B at Aug 15, 2026, vs $15.9B at FY2026 end.
Operating cash flow, first 6 months of fiscal 2027: $3.1B vs $3.7B a year earlier.

The bull case and the bear case

The bull case

Revenue rose 0.4% in FY2026 to $147.6B, from $147.1B a year earlier. 10-K, FY2026
Operating cash flow rose 26.2% in FY2026 to $7.3B. 10-K, FY2026
Diluted shares fell 9.0% in FY2026, so each share represents a larger slice of profit. 10-K, FY2026
Revenue in the quarter ended Aug 15, 2026 was $34.6B, up 2.0% on a year earlier. 10-Q, quarter ended Aug 15, 2026

The bear case

Net income fell 61.9% in FY2026 to $1.0B, from $2.7B. 10-K, FY2026
Other Product revenue fell 63.1% in FY2026 to $1.1B. 10-K, FY2026
The company's own risk factors are in Item 1A of its 10-K. Risks common in this industry include costs; consumer habits; retail customers. 10-K, Item 1A

What optimists and skeptics tend to point to, each tied to a filing. Ticker Sage doesn't pick a side, and neither list is a reason to buy or sell.

What the company does

Kroger is in the food retail industry, part of the consumer staples sector. The SEC files it under Retail-Grocery Stores.

The full description of Kroger's business is in Item 1 of its 10-K, linked below. This page shows its revenue by product or service.

Its fiscal year ends in January; the latest, FY2026, ended Jan 31, 2026.

Source: 10-K, Item 1 Business

Risks common in this industry

These are general risks for companies in the food retail industry. They are not a summary of Kroger’s own risk factors; for those, read Item 1A of its latest 10-K, linked below.

CostsCommodity, packaging and freight costs can rise faster than prices.
Consumer habitsShoppers can trade down to store brands or change what they buy.
Retail customersA few large retailers account for much of its sales.
Regulation and safetyFood and product safety rules and recalls can bring cost and reputational harm.
CompetitionRivals and private-label products compete for shelf space and prices.

Source: 10-K, Item 1A Risk Factors (the company's own list, in the company's words)

Three years of key numbers

Every number links to its filing; hover for the XBRL tag. A dash means the number isn't cleanly available, and we don't estimate it.

US$	FY2024	FY2025	FY2026
Revenue	$150.0B	$147.1B	$147.6B
Net income	$2.2B	$2.7B	$1.0B
Operating cash flow	$6.8B	$5.8B	$7.3B
Cash & equivalents (year end)	$1.9B	$4.0B	$3.3B
Total debt (year end)	$10.2B	$15.9B	$15.9B
Diluted shares	725M	720M	655M

Revenue: Total revenue for the fiscal year, as the company reports it on its income statement.
Net income: Net income attributable to the company's shareholders, after all costs, interest and taxes.
Operating cash flow: Cash the business brought in from its day-to-day operations during the year (cash flow statement).
Cash & equivalents: Cash and short-term investments that count as cash equivalents on the balance sheet. Excludes longer-dated marketable securities.
Total debt: The current part of long-term debt plus long-term debt, at carrying value.
Diluted shares: Weighted average shares outstanding for the year, including the effect of options and stock awards.

Learn more: How to read an income statement · Earnings per share, basic and diluted · Free cash flow · How to read a balance sheet · Growth rate calculator · P/E calculator · Market cap calculator · Free cash flow calculator · Return on equity and assets calculator

Explainers for this page

Plain-English guides to terms this file uses, with real numbers from filings.

About these numbers

Kroger names its fiscal year by the calendar year in which it ends, so FY2026 is the year that ended Jan 31, 2026.

Recent filings

Form	Filed	Period
10-Q	Sep 18, 2026	Aug 15, 2026
10-Q	Jun 26, 2026	May 23, 2026
DEF 14A	May 13, 2026	Jun 25, 2026
10-K	Mar 31, 2026	Jan 31, 2026

Learn more: 10-K vs. 10-Q vs. 8-K · Form 4 insider filings · Fiscal years and quarters

Common questions about Kroger

How does Kroger make money?

In fiscal 2026, revenue totaled $147.6B. By product or service in FY2026: Non Perishable (53%), Perishable (25%), Pharmacy (12%) and Supermarket Fuel (9%), as shares of total revenue. Total revenue was $147.6B. Source: 10-K for fiscal 2026, filed Mar 31, 2026.

What was Kroger's revenue in fiscal 2026?

Revenue came to $147.6B in the year ended Jan 31, 2026. Going back two years, it was $150.0B in fiscal 2024 and $147.1B in fiscal 2025, so the latest year was up 0.4%. Source: 10-K for fiscal 2026, filed Mar 31, 2026.

Is Kroger profitable?

Yes, by US accounting rules (GAAP): net income was $1.0B in fiscal 2026, down 61.9% from $2.7B a year earlier. For the quarter ended Aug 15, 2026, net income was $641M. The page's About these numbers section explains what is included. Source: 10-K for fiscal 2026, filed Mar 31, 2026.

What did Kroger report in its latest quarterly filing?

The 10-Q for the quarter ended Aug 15, 2026 shows revenue of $34.6B, against $33.9B in the same quarter a year before (up 2.0%), and net income of $641M, against $609M (up 5.3%). Source: 10-Q for the quarter ended Aug 15, 2026, filed Sep 18, 2026.

How much cash and debt does Kroger have?

On Aug 15, 2026, cash and cash equivalents stood at $1.7B and total debt at $15.4B. Total debt here is the current part of long-term debt plus long-term debt, at carrying value. Source: 10-Q filed Sep 18, 2026.

What are the main risks Kroger faces?

Kroger's own risk factors are in Item 1A of its 10-K for fiscal 2026, filed Mar 31, 2026. Risks that are common among companies in the food retail industry include Costs; consumer habits; retail customers; regulation and safety; competition. The first: Commodity, packaging and freight costs can rise faster than prices. Source: 10-K, Item 1A Risk Factors.

Where do these Kroger numbers come from?

Two filings Kroger made with the SEC: its fiscal 2026 10-K, filed Mar 31, 2026, and its 10-Q for the quarter ended Aug 15, 2026, filed Sep 18, 2026. The figures are taken from the XBRL data the SEC publishes, and every one links back to its source. Methodology explains how fiscal years and missing numbers are handled.

Tracked funds that report owning Kroger

Berkshire Hathaway: 39,000,000 shares, reported value $2.17B at Jun 30, 2026 (−22.0% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.
Point72 Asset Management: 1,782,236 shares, reported value $99.0M at Jun 30, 2026 (new in this filing). Form 13F filed Aug 14, 2026.
Citadel Advisors: 954,304 shares, reported value $53.0M at Jun 30, 2026 (+45.5% in shares since the filing for Mar 31, 2026). Form 13F filed Sep 2, 2026.
Millennium Management: 551,074 shares, reported value $30.6M at Jun 30, 2026 (+63.7% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.
Two Sigma Investments: 423,786 shares, reported value $23.5M at Jun 30, 2026 (+398.7% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.
Bridgewater Associates: 125,009 shares, reported value $6.9M at Jun 30, 2026 (−38.7% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.
GQG Partners: 34,235 shares, reported value $1.9M at Jun 30, 2026 (−99.7% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 12, 2026.

From each fund’s latest Form 13F, which is filed up to 45 days after quarter end and lists long positions in US-listed stocks only. A listing here is a fact about a filing, not a view on the stock. What a 13F does and doesn’t show.

Disclosures

Editor holdings in KR: The editor holds no position in Kroger (KR). As of Nov 11, 2026.
Trading rule: The editor does not buy or sell KR from 3 days before to 3 days after this page is published or substantively updated.
Compensation: Nobody paid for this page. No affiliate links on this page.
Sources: The company's SEC filings, linked next to each number or, for charts, in the source line under them.
Last updated: Nov 9, 2026

General education, the same for every reader. Not a recommendation to buy, sell or hold KR, and it doesn't consider your situation.

Compare with peers

Company	Fiscal year	Revenue	Revenue growth	Net income
KrogerKR	FY2026	$147.6B	+0.4%	$1.0B
Casey'sCASY	FY2026	$17.6B	+10.2%	$714M
WalmartWMT	FY2026	$713.2B	+4.7%	$21.9B
CostcoCOST	FY2026	$303.2B	+10.1%	$9.2B

Each row is that company’s latest fiscal year from its own 10-K, using its own revenue and net income lines. Fiscal years end in different months, and line definitions differ (banks, insurers and oil companies count revenue differently), so this is a rough side-by-side, not a like-for-like comparison.

More company files

New to filings? Learn has plain-English explainers and Tools has calculators. Methodology & Disclosures covers where every number comes from.