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How Campbell's (CPB) makes money
Campbell's (CPB) made $2.1B of revenue in the fourth quarter fiscal 2026 (Q4 FY26). Snacks brought in $1.0B (48%); Other Simple Meals brought in $520M (24%); Soup brought in $419M (20%).
Drawing the Sankey…
Revenue by segment, Q4 FY26
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Snacks | $1.0B | 48.4% | +0.2% | — |
| Other Simple Meals | $520M | 24.3% | -10% | — |
| Soup | $419M | 19.6% | -28% | — |
| Beverages | $163M | 7.6% | -8% | — |
Where each dollar of revenue goes
| Line | Q4 FY26 | % of revenue |
|---|---|---|
| Revenue | $2.1B | 100.0% |
| Operating cash flow | $200M | 9.4% |
| Free cash flow | $136M | 6.4% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q4 FY26 | $2.1B | -8% |
| Q3 FY26 | $2.4B | -4% |
| Q2 FY26 | $2.6B | -4% |
| Q1 FY26 | $2.7B | -3% |
| Q4 FY25 | $2.3B | +1% |
| Q3 FY25 | $2.5B | +4% |
| Q2 FY25 | $2.7B | +9% |
From Campbell's 10-K filed Sep 24, 2026 (on EDGAR).
Questions
How does Campbell's make money?
Campbell's (CPB) made $2.1B of revenue in the fourth quarter fiscal 2026 (Q4 FY26). Snacks brought in $1.0B (48%); Other Simple Meals brought in $520M (24%); Soup brought in $419M (20%).
What is Campbell's biggest business?
Snacks: $1.0B in the fourth quarter fiscal 2026, 48% of revenue.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.