J.M. Smucker Q3 FY26: where the revenue came from and where it went
The whole income statement of J.M. Smucker for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Nov 1, 2025 – Jan 31, 2026
- Reported
- Feb 26, 2026
Revenue$2.34B
+7% year over year
Gross profit$0.83B
35% margin
Operating profit−$0.55B
−23% margin
Net profit−$0.72B
−31% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 2.34 | 100% | +7% |
| U.S.Retail coffee | 0.91 | 39% | +23% |
| Frozen handheld & spreads | 0.45 | 19% | +2% |
| U.S.Retail pet foods | 0.42 | 18% | −1% |
| All other | 0.34 | 14% | +12% |
| Sweet baked snacks | 0.23 | 10% | −19% |
| Cost of revenue | −1.51 | 65% | |
| Gross profit | 0.83 | 35% margin | −5pp |
| SG&A | −0.36 | 16% | −1pp |
| Other | −1.01 | 43% | +0pp |
| Operating profit | −0.55 | −23% margin | +4pp |
| Interest & other costs | −0.10 | ||
| Tax | −0.07 | ||
| Net profit | −0.72 | −31% margin | −1pp |
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