McCormick &

MKC · Consumer Staples · Market cap $13.6B

Q1 FY26 Dec 1, 2025 – Feb 28, 2026 reported Mar 31, 2026

Revenue$1.9B +17% year over year

Gross profit$0.7B

Operating profit$0.2B

Net profit$1B 54% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Feb 28, 2026).
Item	Value	Share of revenue	Year over year
Revenue	1.9	100%	+17%
Consumer	1.1	58%	+25%
Flavor Solutions	0.7	37%	+6%
Cost of revenue	−1.2	63%
Gross profit	0.7	38% margin	+0pp
SG&A	−0.5	24%	+1pp
Other	−0	1%	+0pp
Operating profit	0.2	12% margin	−2pp
Net profit	1	54%	+44pp

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Nov 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.9	100%	+3%
Americas	1.3	68%	+3%
Europe Middle East and Africa	0.3	16%	+4%
Asia Pacific	0.2	11%	+1%
Cost of revenue	−1.1	58%
Gross profit	0.7	39% margin	−1pp
SG&A	−0.4	22%	−1pp
Operating profit	0.3	17% margin	+0pp
Tax	−0.1
Net profit	0.2	12%	+0pp

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Aug 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.7	100%	+3%
Consumer	1	59%	+4%
Flavor Solutions	0.8	47%	+1%
Cost of revenue	−1.1	65%
Gross profit	0.6	37% margin	−1pp
SG&A	−0.4	20%	−1pp
Operating profit	0.3	17% margin	+0pp
Net profit	0.2	13%	+0pp

All figures in billions of U.S. dollars, for Q2 FY25 (period ends May 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.7	100%	+1%
Consumer	0.9	53%	+3%
Flavor Solutions	0.7	41%	−1%
Cost of revenue	−1	59%
Gross profit	0.6	38% margin	+0pp
SG&A	−0.4	22%	−1pp
Other	−0	1%	+0pp
Operating profit	0.2	15% margin	+1pp
Net profit	0.2	11%	−1pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q1 FY26	Dec 1, 2025 – Feb 28, 2026	Mar 31, 2026	$1.9B	+17%	11%	$1B	54%
Q4 FY25	Sep 1 – Nov 30, 2025	Jan 22, 2026	$1.9B	+3%	16%	$0.2B	12%
Q3 FY25	Jun 1 – Aug 31, 2025	Oct 7, 2025	$1.7B	+3%	18%	$0.2B	13%
Q2 FY25	Mar 1 – May 31, 2025	Jun 26, 2025	$1.7B	+1%	12%	$0.2B	11%