Smithfield Foods, Inc. (SFD) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q1'24 | Q4'23 | Q3'16 | Q2'16 | Q1'16 | Q4'15 | Q3'15 | Q2'15 | Q1'15 | Q4'14 | Q3'14 | Q2'14 | Q1'14 |
|---|
| Sales/Revenue | 3.8B | 4.23B | 3.75B | 3.79B | 3.77B | 3.95B | 3.33B | 3.44B | 4B | 3.54B | 3.49B | 3.31B | 3.93B | 3.41B | 3.49B | 3.62B | 4.09B | 3.7B | 3.81B | 3.42B |
| Revenue Growth % | 0.77% | 6.96% | 12.39% | - | 9.49% | -1.15% | - | - | - | 3.89% | 0.17% | -8.58% | -4% | -8% | -8.58% | 5.68% | 5.1% | - | 12.4% | 3.05% |
| Cost of Goods Sold | 3.29B | 3.63B | 3.27B | 3.29B | 3.26B | 3.42B | 2.86B | 3.08B | 3.71B | 3.07B | 3.04B | 2.89B | 3.38B | 3.02B | 3.07B | 3.21B | 3.64B | 3.25B | 3.35B | 3.03B |
| COGS % of Revenue | 86.55% | 85.76% | 87.22% | 86.85% | 86.5% | 86.49% | 85.75% | 89.52% | 92.87% | 86.65% | 86.92% | 87.53% | 86.11% | 88.7% | 88% | 88.77% | 88.85% | 87.74% | 87.72% | 88.41% |
| Gross Profit | 511M | 602M | 479M | 499M | 510M | 533M | 475M | 362M | 285M | 472.5M | 457M | 412.4M | 545.8M | 385M | 418.5M | 406.1M | 456.4M | 454M | 468.5M | 396.7M |
| Gross Margin % | 13.45% | 14.24% | 12.78% | 13.18% | 13.52% | 13.49% | 14.25% | 10.51% | 7.13% | 13.35% | 13.08% | 12.47% | 13.89% | 11.3% | 12% | 11.23% | 11.15% | 12.26% | 12.28% | 11.59% |
| Gross Profit Growth % | 0.2% | 12.95% | 0.84% | - | 40.88% | 87.02% | - | - | - | 22.73% | 9.2% | 1.55% | 19.59% | -15.2% | -10.67% | 2.37% | 29.99% | - | 54.01% | 40.97% |
| Operating Expenses | 179M | 161M | 172M | 238M | 188M | 199M | 190M | 198M | 401M | 226.2M | 219.9M | 202.3M | 280M | 231.3M | 232.4M | 217.9M | 231.5M | 203.9M | 208.3M | 200.3M |
| OpEx % of Revenue | 4.71% | 3.81% | 4.59% | 6.29% | 4.99% | 5.04% | 5.7% | 5.75% | 10.03% | 6.39% | 6.3% | 6.12% | 7.13% | 6.79% | 6.67% | 6.03% | 5.66% | 5.51% | 5.46% | 5.85% |
| Selling, General & Admin | 180M | 206M | 178M | 268M | 197M | 246M | 201M | 199M | 407M | 233.8M | 227.8M | 208.1M | 280.4M | 238.4M | 232.6M | 221.9M | 249.2M | 218.4M | 219.2M | 215.4M |
| SG&A % of Revenue | 4.74% | 4.87% | 4.75% | 7.08% | 5.22% | 6.22% | 6.03% | 5.78% | 10.18% | 6.61% | 6.52% | 6.29% | 7.14% | 7% | 6.67% | 6.14% | 6.09% | 5.9% | 5.75% | 6.29% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -400K | -1000K | -200K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Operating Income | 333M | 441M | 307M | 260M | 321M | 335M | 285M | 163M | -116M | 246.3M | 237.1M | 210.1M | 265.8M | 153.7M | 186.1M | 188.2M | 224.9M | 250.1M | 260.2M | 196.4M |
| Operating Margin % | 8.76% | 10.43% | 8.19% | 6.87% | 8.51% | 8.48% | 8.55% | 4.73% | -2.9% | 6.96% | 6.79% | 6.35% | 6.76% | 4.51% | 5.34% | 5.2% | 5.49% | 6.76% | 6.82% | 5.74% |
| Operating Income Growth % | 3.74% | 31.64% | 7.72% | - | 96.93% | 388.79% | - | - | - | 60.25% | 27.4% | 11.64% | 18.19% | -38.54% | -28.48% | -4.18% | 102.25% | - | 167.42% | 169.41% |
| EBITDA | 323M | 525M | 390M | 342M | 404M | 421M | 373M | 245M | 15M | 307.9M | 297.4M | 268.7M | 325M | 212.2M | 244.5M | 246.2M | 283.6M | 308.4M | 317.3M | 253.1M |
| EBITDA Margin % | 8.5% | 12.42% | 10.41% | 9.03% | 10.71% | 10.65% | 11.19% | 7.11% | 0.38% | 8.7% | 8.52% | 8.13% | 8.27% | 6.23% | 7.01% | 6.81% | 6.93% | 8.33% | 8.32% | 7.4% |
| EBITDA Growth % | -20.05% | 24.7% | 4.56% | - | 64.9% | 2706.67% | - | - | - | 45.1% | 21.64% | 9.14% | 14.6% | -31.19% | -22.94% | -2.73% | 70.23% | - | 98.06% | 85.15% |
| D&A (Non-Cash Add-back) | 0 | 84M | 83M | 82M | 83M | 86M | 88M | 82M | 131M | 61.6M | 60.3M | 58.6M | 59.2M | 58.5M | 58.4M | 58M | 58.7M | 58.3M | 57.1M | 56.7M |
| EBIT | 323M | 402M | 329M | 265M | 315M | 330M | 293M | 168M | -110M | 246.3M | 237.1M | 210.1M | 265.8M | 153.7M | 186.8M | 175.4M | 224.7M | 250.1M | 260.2M | 197.5M |
| Net Interest Income | -8M | -8M | -11M | -11M | -11M | -14M | -17M | -16M | -17M | -32M | -32.8M | -32M | -35.3M | -32.3M | -31.5M | -34.7M | -38.9M | -39.3M | -40.4M | -40.8M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 8M | 8M | 11M | 11M | 11M | 14M | 17M | 16M | 17M | 32M | 32.8M | 32M | 35.3M | 32.3M | 31.5M | 34.7M | 38.9M | 39.3M | 40.4M | 40.8M |
| Other Income/Expense | -12M | -32M | 16M | -10M | -22M | -12M | -7M | -11M | -56M | -32M | -32.8M | -32M | -35.3M | -32.3M | -30.8M | -47.5M | -39.1M | -39.3M | -40.4M | -39.7M |
| Pretax Income | 321M | 409M | 323M | 250M | 299M | 323M | 278M | 152M | -172M | 214.3M | 204.3M | 178.1M | 230.5M | 121.4M | 155.3M | 140.7M | 185.8M | 210.8M | 219.8M | 156.7M |
| Pretax Margin % | 8.45% | 9.68% | 8.62% | 6.6% | 7.93% | 8.17% | 8.34% | 4.41% | -4.3% | 6.06% | 5.85% | 5.39% | 5.87% | 3.56% | 4.45% | 3.89% | 4.54% | 5.69% | 5.76% | 4.58% |
| Income Tax | 72M | 78M | 71M | 62M | 72M | 106M | 69M | 39M | -41M | 70.5M | 66.5M | 57.1M | 62.7M | 38.1M | 51.1M | 43.7M | 33.2M | 55.5M | 76.9M | 51.4M |
| Effective Tax Rate % | 22.43% | 19.07% | 21.98% | 24.8% | 24.08% | 32.82% | 24.82% | 25.66% | 23.84% | 32.9% | 32.55% | 32.06% | 27.2% | 31.38% | 32.9% | 31.06% | 17.87% | 26.33% | 34.99% | 32.8% |
| Net Income | 245M | 327M | 248M | 188M | 224M | 204M | 292M | 156M | -96M | 143.8M | 137.8M | 121M | 167.8M | 83.3M | 104.2M | 97M | 152.6M | 155.3M | 142.9M | 105.3M |
| Net Margin % | 6.45% | 7.74% | 6.62% | 4.97% | 5.94% | 5.16% | 8.76% | 4.53% | -2.4% | 4.06% | 3.95% | 3.66% | 4.27% | 2.45% | 2.99% | 2.68% | 3.73% | 4.19% | 3.75% | 3.08% |
| Net Income Growth % | 9.38% | 60.29% | -15.07% | - | 43.59% | 312.5% | - | - | - | 72.63% | 32.25% | 24.74% | 9.96% | -46.36% | -27.08% | -7.88% | 339.77% | - | 261.77% | 254.55% |
| Net Income (Continuing) | 249M | 331M | 252M | 188M | 227M | 217M | 209M | 113M | -131M | 143.8M | 137.8M | 121M | 167.8M | 83.3M | 104.2M | 97M | 152.6M | 155.3M | 142.9M | 105.3M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | -1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 311M | 264M | 257M | 245M | 243M | 225M | 282M | 0 | 246M | 59.4M | 59.4M | 56.3M | 54.4M | 53.4M | 54.7M | 51.5M | 50.7M | 50.3M | 49M | 49.4M |
| EPS (Diluted) | 0.62 | 0.83 | 0.63 | 0.48 | 0.58 | 0.55 | 0.74 | 0.30 | -0.37 | 0.38 | 0.36 | 0.32 | 0.44 | 0.22 | 0.27 | 0.26 | 0.40 | 0.41 | 0.38 | 105300.00 |
| EPS Growth % | 6.9% | 50.91% | -14.86% | - | 93.33% | 248.65% | - | - | - | 72.73% | 33.33% | 23.08% | 10% | -46.34% | -28.95% | -100% | -100% | - | -29.63% | 50142757.14% |
| EPS (Basic) | 0.63 | 0.83 | 0.63 | 0.48 | 0.57 | 0.55 | 0.74 | 0.30 | -0.37 | 0.38 | 0.36 | 0.32 | 0.44 | 0.22 | 0.27 | 0.26 | 0.40 | 0.41 | 0.38 | 105300.00 |
| Diluted Shares Outstanding | 394.67M | 393.87M | 394.59M | 393.75M | 389.06M | 380.07M | 393.75M | 380.07M | 380.07M | 380.07M | 380.07M | 380.07M | 380.07M | 380.07M | 380.07M | 380.07M | 380.07M | 380.07M | 380.07M | 1K |
| Basic Shares Outstanding | 393.29M | 393.11M | 393.11M | 393.11M | 392.98M | 370.98M | 452.18M | 520.1M | 262.49M | 380.07M | 380.07M | 380.07M | 380.07M | 380.07M | 380.07M | 380.07M | 380.07M | 380.07M | 380.07M | 1K |
| Dividend Payout Ratio | - | 30.28% | 40.32% | 104.79% | - | 8.82% | 30.14% | 56.41% | - | 27.68% | 190.49% | 60.83% | - | - | - | - | - | - | - | - |