Filing Flows › Campbell's (CPB) › Q3 FY26
Campbell's (CPB) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Jun 8, 2026
Campbell's (CPB) reported revenue of $2.4B for the third quarter fiscal 2026 (Q3 FY26), -4% from a year earlier and -8% from the quarter before. Operating margin was 10.1%, net earnings $124M (5.2% of revenue).
Campbell's, Q3 FY26: revenue $2.4B (-4% year over year), operating margin 10.1%, net earnings $124M, operating cash flow $99.0M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.4B | -8% | -4% |
| Operating profit | $239M | -12% | +48% |
| Net earnings | $124M | -14% | +88% |
| Operating cash flow | $99.0M | -81% | -27% |
| Free cash flow | $29.0M | -93% | -42% |
What changed
Revenue was $2.4B in Q3 FY26, down 4% year over year and down 8% from the previous quarter. Snacks was the largest line at 44% of revenue. Soup lost $0.04B year over year (down 7%), 39% of the total change.
Operating profit was $0.24B, a 10.1% margin (up 3.6 points year over year). Total costs fell 8% while revenue fell 4%. Net earnings were $0.12B, up 88% year over year. The effective tax rate was 22.0%.
Operating cash flow was $0.10B (down 27% year over year), 80% of net earnings. Non-cash charges added back $0.10B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.14B. Capital expenditures of $0.07B left free cash flow of $0.03B.
Questions
What was Campbell's revenue in the third quarter fiscal 2026?
Campbell's (CPB) reported revenue of $2.4B for the third quarter fiscal 2026 (Q3 FY26), -4% from a year earlier and -8% from the quarter before.
Was Campbell's profitable in the third quarter fiscal 2026?
Operating profit was $239M (10.1% of revenue) and net earnings $124M.
Source: Campbell's 10-Q on SEC EDGAR.