Utz Brands, Inc. (UTZ) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
900 HIGH STREET HANOVER, PA 17331 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 209 - Miscellaneous Food Preparations And Kindred (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 56 | 52 | 73 | 42 | 47 | 1 | |||
| Cash and cash equivalent | 56 | 52 | 73 | 42 | 47 | 1 | |||
| Receivables | 124 | 140 | 146 | 138 | 126 | ||||
| Inventory, net of allowances, customer advances and progress billings | 101 | 105 | 118 | 80 | 60 | ||||
| Inventory | 101 | 105 | 118 | 80 | 60 | ||||
| Prepaid expense | 0 | ||||||||
| Other undisclosed current assets | 35 | 31 | 35 | 18 | 12 | ||||
| Total current assets: | 317 | 328 | 372 | 278 | 244 | 1 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 9 | 10 | 11 | ||||||
| Operating lease, right-of-use asset | 147 | 57 | 46 | ||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 304 | 270 | |||||||
| Long-term investments and receivables | 9 | 12 | 13 | 21 | 20 | 451 | |||
| Long-term investments | 451 | ||||||||
| Accounts and financing receivable, after allowance for credit loss | 9 | 12 | 13 | 21 | 20 | ||||
| Intangible asset, including goodwill, after accumulated amortization | 1,867 | 1,979 | 2,015 | 2,058 | 2,034 | ||||
| Goodwill | 871 | 915 | 915 | 915 | 862 | ||||
| Intangible asset, excluding goodwill, after accumulated amortization | 997 | 1,063 | 1,100 | 1,143 | 1,172 | ||||
| Disposal group, including discontinued operation, noncurrent assets | 8 | ||||||||
| Other noncurrent assets | 190 | 101 | 95 | 56 | 16 | ||||
| Other undisclosed noncurrent assets | 189 | 252 | 288 | ||||||
| Total noncurrent assets: | 2,411 | 2,419 | 2,468 | 2,438 | 2,340 | 451 | |||
| TOTAL ASSETS: | 2,728 | 2,747 | 2,840 | 2,716 | 2,584 | 452 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 229 | 202 | 206 | 167 | 138 | 0 | |||
| Accounts payable | 151 | 124 | 114 | 95 | 57 | 0 | |||
| Accrued liabilities | 78 | 78 | 92 | 71 | 81 | 0 | |||
| Debt | 19 | 24 | 21 | 14 | 0 | ||||
| Derivative instruments and hedges, liabilities | 2 | ||||||||
| Due to related parties | ✕ | ✕ | ✕ | 0 | |||||
| Other undisclosed current liabilities | 37 | 5 | 10 | 8 | 59 | ||||
| Total current liabilities: | 285 | 231 | 237 | 188 | 200 | 1 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 759 | 886 | 901 | 836 | 778 | ||||
| Long-term debt, excluding current maturities | 752 | 879 | 893 | 831 | 778 | ||||
| Finance lease, liability | 7 | 7 | 8 | 6 | |||||
| Liabilities, other than long-term debt | 288 | 191 | 192 | 192 | 112 | ||||
| Accounts payable and accrued liabilities | 164 | 77 | 67 | 56 | 38 | ||||
| Deferred income tax liabilities | 124 | 115 | 125 | 136 | 74 | ||||
| Other undisclosed noncurrent liabilities | 8 | 55 | 58 | 65 | 110 | 15 | |||
| Total noncurrent liabilities: | 1,055 | 1,132 | 1,151 | 1,094 | 999 | 15 | |||
| Total liabilities: | 1,341 | 1,363 | 1,389 | 1,282 | 1,199 | 16 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 702 | 669 | 703 | 680 | 553 | 5 | |||
| Additional paid in capital | 989 | 945 | 927 | 913 | 793 | ||||
| Accumulated other comprehensive income | 19 | 23 | 31 | 4 | 1 | ||||
| Retained earnings (accumulated deficit) | (305) | (298) | (255) | (237) | (241) | 5 | |||
| Other undisclosed equity, attributable to parent | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Equity, attributable to noncontrolling interest | 685 | 714 | 749 | 755 | 832 | ||||
| Other undisclosed equity | 431 | ||||||||
| Total equity: | 1,388 | 1,384 | 1,452 | 1,435 | 1,385 | 436 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,728 | 2,747 | 2,840 | 2,716 | 2,584 | 452 | |||
Income Statement (P&L) ($ in millions)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,409 | 1,438 | 1,408 | 1,181 | ||||
| Cost of revenue (Cost of Product and Service Sold) | (915) | (982) | (959) | (797) | ||||
| Gross profit: | 495 | 456 | 449 | 384 | ||||
| Operating expenses | (436) | (440) | (444) | (373) | (13) | (1) | ||
| Operating income (loss): | 59 | 16 | 5 | 11 | (13) | (1) | ||
| Nonoperating income (expense) | 11 | (55) | (43) | 6 | 9 | |||
| Investment income, nonoperating | 9 | |||||||
| Other nonoperating income | 2 | 3 | 0 | 4 | ||||
| Interest and debt expense | (1) | (61) | (44) | (35) | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 68 | (100) | (82) | (19) | (13) | 8 | ||
| Other undisclosed income from continuing operations before income taxes | 1 | 61 | 44 | 35 | ||||
| Income (loss) from continuing operations before income taxes: | 69 | (39) | (38) | 16 | (13) | 8 | ||
| Income tax expense (benefit) | (39) | (1) | 24 | (8) | ||||
| Income (loss) from continuing operations: | 31 | (40) | (14) | 8 | (13) | 8 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 8 | (13) | 8 | |
| Net income (loss): | 31 | (40) | (14) | 8 | (13) | 8 | ||
| Net income (loss) attributable to noncontrolling interest | (15) | 15 | 14 | 13 | ||||
| Net income (loss) attributable to parent: | 16 | (25) | (0) | 21 | (13) | 8 | ||
| Undistributed earnings (loss) allocated to participating securities, basic | (0) | |||||||
| Net income (loss) available to common stockholders, diluted: | 16 | (25) | (0) | 20 | (13) | 8 | ||
Comprehensive Income ($ in millions)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 31 | (40) | (14) | 8 | (13) | 8 | ||
| Other comprehensive income (loss) | (7) | (14) | 47 | 3 | ||||
| Comprehensive income (loss): | 23 | (54) | 33 | 11 | (13) | 8 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (12) | 21 | (7) | 13 | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | 12 | (33) | 27 | 23 | (13) | 8 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.