McCormick & Company Q1 FY26: where the revenue came from and where it went
The whole income statement of McCormick & Company for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Dec 1, 2025 – Feb 28, 2026
- Reported
- Mar 31, 2026
Revenue$1.87B
+17% year over year
Gross profit$0.71B
38% margin
Operating profit$0.23B
12% margin
Net profit$1.02B
54% margin
Net profit is larger than what operations earned, because the statement adds $0.84B below it, under Other income, net.
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.87 | 100% | +17% |
| Consumer | 1.15 | 61% | +25% |
| Flavor solutions | 0.73 | 39% | +6% |
| Cost of revenue | −1.17 | 62% | |
| Gross profit | 0.71 | 38% margin | +0pp |
| SG&A | −0.46 | 24% | +1pp |
| Other | −0.03 | 2% | +0pp |
| Operating profit | 0.23 | 12% margin | −2pp |
| Other income, net | 0.84 | ||
| Tax | −0.05 | ||
| Net profit | 1.02 | 54% margin | +44pp |
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