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How Central Garden & Pet (CENT) makes money

Central Garden & Pet (CENT) made $882M of revenue in the third quarter fiscal 2026 (Q3 FY26), -8% from a year earlier. Of every dollar of revenue, 36¢ was left as gross profit, 14¢ was left as operating profit, 10¢ was left as net earnings.

Drawing the Sankey…

Central Garden & Pet: revenue by line, Q2 FY25 to Q1 FY26Central Garden & Pet: revenue by line, Q2 FY25 to Q1 FY26Other garden suppliesOther manufacturers' …Other pet productsDog and cat productsWild bird productsOther garden supplies: $110M latest$110MOther manufacturers' products: $138M latest$138MOther pet products: $118M latest$118MDog and cat products: $157M latest$157MWild bird products: $94.6M latest$94.6MQ2 FY25Q3 FY25Q1 FY26
Other garden supplies went from 28% of revenue in Q2 FY25 to 18% in Q1 FY26, the largest shift in the mix.
Central Garden & Pet revenue by quarterCentral Garden & Pet revenue by quarter$669MQ4 FY24$834MQ2 FY25$961MQ3 FY25$678MQ4 FY25$617MQ1 FY26$906MQ2 FY26$882MQ3 FY26
Central Garden & Pet: where each dollar of revenue goesCentral Garden & Pet: where each dollar of revenue goesCost of revenue64¢Gross profit36¢Operating expenses22¢Operating profit14¢Income tax3¢Net earnings10¢Operating cash flow37¢Free cash flow36¢

Where each dollar of revenue goes

LineQ3 FY26% of revenue
Revenue$882M100.0%
Cost of revenue$565M64.1%
Gross profit$317M35.9%
Operating expenses$191M21.7%
Operating profit$126M14.3%
Income tax$29.6M3.4%
Net earnings$90.0M10.2%
Operating cash flow$327M37.1%
Free cash flow$315M35.7%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 FY26$882M-8%
Q2 FY26$906M+9%
Q1 FY26$617M-6%
Q4 FY25$678M+1%
Q3 FY25$961M-4%
Q2 FY25$834M-7%
Q4 FY24$669M-11%

From Central Garden & Pet's 10-Q filed Aug 6, 2026 (on EDGAR).

Questions

How does Central Garden & Pet make money?

Central Garden & Pet (CENT) made $882M of revenue in the third quarter fiscal 2026 (Q3 FY26), -8% from a year earlier. Of every dollar of revenue, 36¢ was left as gross profit, 14¢ was left as operating profit, 10¢ was left as net earnings.

What is Central Garden & Pet's profit margin?

Net earnings were $90.0M, 10.2% of revenue, in the third quarter fiscal 2026; the operating margin was 14.3%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.