Revenue reached £26.4 million in FY25, increasing from £17.5 million in 2024. Operating profit reached £251,000, compared with an operating loss of £168,000 the previous year.

Having reached earnings before interest, taxes, depreciation and amortisation (EBITDA) break-even in FY24, Pip & Nut said that FY25 marked the next stage in the business’s financial development, with strong sales growth, improved gross margins and greater leverage of the overhead base translating into bottom-line profitability.

Pip & Nut creates nut butter products and snacking bars, and is stocked in major UK retailers. The business highlighted investment in its core nut butter range while expanding into new categories, building its snacking range by adding oat bars and protein bars, which now comprise 20% of the business.

International growth has also accelerated, said Pip & Nut. FY25 was the first full year of trading for Pip & Nut’s Belgian subsidiary, which supported the company’s expanding European footprint. European turnover increased nearly five-fold in a year, from £148,000 in 2024 to £736,000 in 2025.

Looking ahead, Pip & Nut will reportedly continue to invest in product innovation, strengthen its core range and expand its presence across the UK and key international markets.

Pip Murray, founder and CEO of Pip & Nut, commented: “Reaching profitability is a hugely meaningful milestone for Pip & Nut. When I started making nut butter in my kitchen, it was because I believed there was an opportunity to do things differently and show people just how exciting, nutritious and versatile nuts could be. A decade on, that belief still sits at the heart of everything we do.

“We’ve always wanted to challenge the category, create products with natural ingredients and make it easier for people to enjoy food that tastes great, is better for the planet, and better for them. This milestone reflects the incredible commitment of our team and gives us an even stronger foundation to keep innovating and building the next chapter of Pip & Nut.”