SMITHFIELD FOODS INCSFDEarnings & Financial Report
Smithfield Foods, Inc., is a Hong Kong-owned pork producer and food-processing company based in Smithfield, Virginia. Founded in 1936 as the Smithfield Packing Company by Joseph W. Luter and his son, the company is the largest pig and pork producer in the world. In addition to owning over 500 farms in the US, Smithfield contracts with another 2,000 independent farms around the country to raise Smithfield's pigs. Outside the US, the company has facilities in Mexico, Poland, Romania, Germany, S...
Revenue
$3.4B
Gross Profit
$527.0M
Operating Profit
$334.0M
Net Profit
$301.0M
Gross Margin
15.4%
Operating Margin
9.8%
Net Margin
8.8%
YoY Growth
N/A
EPS
$0.79
SMITHFIELD FOODS INC Q2 FY2024 Financial Summary
SMITHFIELD FOODS INC reported revenue of $3.4B for Q2 FY2024, with a net profit of $301.0M (8.8% margin). Cost of goods sold was $2.9B, operating expenses totaled $193.0M.
Key Financial Metrics
| Total Revenue | $3.4B |
|---|---|
| Net Profit | $301.0M |
| Gross Margin | 15.4% |
| Operating Margin | 9.8% |
| Report Period | Q2 FY2024 |
SMITHFIELD FOODS INC Annual Revenue by Year
SMITHFIELD FOODS INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $15.5B).
| Year | Annual Revenue |
|---|---|
| 2025 | $15.5B |
| 2024 | $14.1B |
SMITHFIELD FOODS INC Quarterly Revenue & Net Profit History
SMITHFIELD FOODS INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $3.8B | +0.8% | $249.0M | 6.6% |
| Q4 FY2025 | $4.2B | +7.0% | $327.0M | 7.7% |
| Q3 FY2025 | $3.7B | +12.4% | $248.0M | 6.6% |
| Q2 FY2025 | $3.8B | +11.0% | $188.0M | 5.0% |
| Q1 FY2025 | $3.8B | +9.5% | $224.0M | 5.9% |
| Q4 FY2024 | $4.0B | — | $205.0M | 5.2% |
| Q3 FY2024 | $3.3B | — | $291.0M | 8.7% |
| Q2 FY2024 | $3.4B | — | $301.0M | 8.8% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.41B | $3.33B | $3.95B | $3.77B | $3.79B | $3.75B | $4.23B | $3.80B |
| YoY Growth | N/A | N/A | N/A | 9.5% | 11.0% | 12.4% | 7.0% | 0.8% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | N/A | N/A | $11.05B | $11.15B | $11.19B | $11.52B | $12.18B | $12.00B |
| Liabilities | N/A | N/A | $5.22B | $4.92B | $4.88B | $5.06B | $5.38B | $5.14B |
| Equity | N/A | N/A | $5.83B | $6.22B | $6.30B | $6.47B | $6.80B | $6.86B |
Cash Flow
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|
| Operating CF | $-166.0M | $274.0M | $13.0M | $938.0M |