Farmer Brothers Coffee reports first quarter fiscal 2026 financial results

FORT WORTH, Texas, USA — Farmer Brothers Coffee Co., a leading roaster, wholesaler and distributor of coffee, tea and allied products, announced today its first quarter fiscal 2026 financial results for the period ended Sept. 30, 2025. The company filed its Form 10-Q, which will be posted on the Investor Relations section of its website after the close of market on Thursday, Nov. 6.

“Fiscal 2025 was a year of significant operational and financial improvement for Farmer Brothers. I am very pleased we were able to maintain the majority of that progress despite a very challenging economic environment during the first quarter,” said President and Chief Executive Officer John Moore.

“While we did see a 4% decrease in overall revenue on a year-over-year basis, the meaningful progress we have made in driving operational efficiency and managing our cost structure allowed us to hold steady in terms of adjusted EBITDA and still achieve gross margins of approximately 40%. We will remain focused on driving top line revenue and customer growth in 2026.”

First quarter fiscal 2026 business highlights

• Announced partnership with Eurest, which will include the opening of the company’s 50 Sum>One Coffee Roasters-branded cafes across the country.
• Realized significant benefits from the company’s operational efficiency and cost management initiatives, with an almost $4 million improvement in sales, general and administrative (SG&A) expenses compared to the first quarter of fiscal 2025.

First quarter fiscal 2026 financial results

• Net sales were $81.6 million in the first quarter of fiscal 2026, a decrease of $3.5 million, or 4.1%, compared to the first quarter of fiscal 2025.
• Gross profit was $32.4 million, or 39.7%, during the first quarter of fiscal 2026, compared to gross profit of $37.3 million, or 43.9%, in the first quarter of fiscal 2025.
• Operating expenses were $35.6 million in the first quarter of fiscal 2026, or 43.6% of net sales, compared to $40.1 million, or 47.2%, in the first quarter of fiscal 2025. This included a $2.5 million decrease in general and administrative expenses and a $1.4 million decrease in selling expenses.
• Net loss for the first quarter of fiscal 2026 was $4 million, compared to a net loss of $5 million for the first quarter of fiscal 2025.
• Adjusted EBITDA was $1.4 million for the first quarter of fiscal 2026, which was flat compared to $1.4 million in the first quarter of fiscal 2025.

Balance Sheet and Liquidity

As of Sept. 30, 2025, the company had $3.8 million of unrestricted cash and cash equivalents and $31.2 million available under its revolver credit facility.