J.M. Smucker Company (The)SJMEarnings & Financial Report
The J.M. Smucker Company, also known as Smucker's, is an American manufacturer of food and beverage products. Headquartered in Orrville, Ohio, the company was founded in 1897 as a maker of apple butter. J.M. Smucker currently has three major business units: consumer foods, pet foods, and coffee. Its flagship brand, Smucker's, produces fruit preserves, peanut butter, syrups, frozen crustless sandwiches, and ice cream toppings.
Revenue
$2.3B
Gross Profit
$869.9M
Operating Profit
$418.5M
Net Profit
$241.3M
Gross Margin
37.3%
Operating Margin
18.0%
Net Margin
10.4%
YoY Growth
2.6%
EPS
$2.26
J.M. Smucker Company (The) Q2 FY2026 Financial Summary
J.M. Smucker Company (The) reported revenue of $2.3B (up 2.6% YoY) for Q2 FY2026, with a net profit of $241.3M (up 1084.9% YoY) (10.4% margin). Cost of goods sold was $1.5B, operating expenses totaled $451.4M.
Key Financial Metrics
| Total Revenue | $2.3B |
|---|---|
| Net Profit | $241.3M |
| Gross Margin | 37.3% |
| Operating Margin | 18.0% |
| Report Period | Q2 FY2026 |
Revenue Breakdown
J.M. Smucker Company (The) Q2 FY2026 revenue of $2.3B breaks down across 12 segments, led by U.S.Retail Frozen Handheld And Spreads at $461.1M (19.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| U.S.Retail Frozen Handheld And Spreads | $461.1M | 19.8% |
| U.S.Retail Pet Foods | $413.2M | 17.7% |
| Handheld Frozen Sandwiches | $262.9M | 11.3% |
| Sweet Baked Snacks | $256.1M | 11.0% |
| Pet Snacks | $232.0M | 10.0% |
| Cat Food | $197.2M | 8.5% |
| Peanut Butter | $187.1M | 8.0% |
| CA | $94.5M | 4.1% |
| Fruit Spreads | $92.2M | 4.0% |
| Other | $50.5M | 2.2% |
| Portion Control | $50.1M | 2.2% |
| All Other International | $33.2M | 1.4% |
J.M. Smucker Company (The) Revenue by Segment — Quarterly Trend
J.M. Smucker Company (The) revenue by segment across the last 4 reported quarters, showing how each business line (such as U.S.Retail Frozen Handheld And Spreads and U.S.Retail Pet Foods) has evolved quarter over quarter.
| Segment | Q3 FY2027 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 |
|---|---|---|---|---|
| U.S.Retail Frozen Handheld And Spreads | — | $461.1M | — | — |
| U.S.Retail Pet Foods | — | $413.2M | — | $395.5M |
| Handheld Frozen Sandwiches | — | $262.9M | $231.4M | — |
| Sweet Baked Snacks | $224.8M | $256.1M | — | $251.0M |
| Pet Snacks | — | $232.0M | $227.9M | — |
J.M. Smucker Company (The) Annual Revenue by Year
J.M. Smucker Company (The) annual revenue history includes year-by-year totals (for example, 2025 revenue was $8.7B).
| Year | Annual Revenue |
|---|---|
| 2025 | $8.7B |
| 2024 | $8.2B |
| 2023 | $8.5B |
| 2022 | $8.0B |
J.M. Smucker Company (The) Quarterly Revenue & Net Profit History
J.M. Smucker Company (The) results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2027 | $2.3B | +7.0% | $-724.2M | -31.0% |
| Q2 FY2026 | $2.3B | +2.6% | $241.3M | 10.4% |
| Q1 FY2026 | $2.1B | -0.6% | $-43.9M | -2.1% |
| Q4 FY2025 | $2.1B | -2.8% | $-729.0M | -34.0% |
| Q3 FY2025 | $2.2B | -1.9% | $-662.3M | -30.3% |
| Q2 FY2025 | $2.3B | +17.2% | $-24.5M | -1.1% |
| Q1 FY2025 | $2.1B | +17.7% | $185.0M | 8.7% |
| Q4 FY2024 | $2.2B | -1.3% | $245.1M | 11.1% |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.21B | $2.13B | $2.27B | $2.19B | $2.14B | $2.11B | $2.33B | $2.34B |
| YoY Growth | -1.3% | 17.7% | 17.2% | -1.9% | -2.8% | -0.6% | 2.6% | 7.0% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2027 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $20.27B | $20.35B | $20.02B | $18.43B | $17.56B | $17.74B | $17.63B | $16.27B |
| Liabilities | $12.58B | $12.58B | $12.39B | $11.52B | $11.48B | $11.82B | $11.57B | $11.03B |
| Equity | $7.69B | $7.77B | $7.63B | $6.91B | $6.08B | $5.93B | $6.06B | $5.24B |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2027 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $428.1M | $172.9M | $404.2M | $239.4M | $393.9M | $-10.6M | $346.5M | $1.30B |