Sovos Brands Net Income

The latest net income for SOVO is $30M as of December 2023. That compares with $-53M in the prior-year period — up 156.5% year over year. That is below the Consumer Staples sector average of $9.9B. Investors often review this figure alongside Sovos Brands's historical trend and sector peers before judging valuation or financial health.

Over the past year, SOVO's net income moved from $-53M to $30M — a 156.5% year-over-year increase. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Sovos Brands's operating scale or balance-sheet position.

Against Consumer Staples companies, SOVO currently prints $30M for net income, while the sector average sits near $9.9B. That is roughly 99.7% below the sector mean. Large gaps often invite a closer look at Sovos Brands's growth, margins, and balance sheet.

A net income figure of $30M for SOVO is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The Consumer Staples average is about $9.9B. Explore the charts below for those layers of context.

After noting SOVO's net income ($30M), review year-over-year change from $-53M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.