Filing Flows › Hershey (HSY) › Q3 2026
Hershey (HSY) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Hershey (HSY) reported revenue of $3.3B for the third quarter 2026 (Q3 2026), +3% from a year earlier and +18% from the quarter before. Operating margin was 25.0%, net earnings $581M (17.7% of revenue).
Hershey, Q3 2026: revenue $3.3B (+3% year over year), operating margin 25.0%, net earnings $581M, operating cash flow $751M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.3B | +18% | +3% |
| Gross profit | $1.5B | +20% | +46% |
| Operating profit | $818M | +27% | +88% |
| Net earnings | $581M | +27% | +110% |
| Operating cash flow | $751M | +79% | -11% |
| Free cash flow | $650M | +97% | -14% |
What changed
Revenue was $3.3B in Q3 2026, up 3% year over year and up 18% from the previous quarter.
Gross margin was 46.1%, up 13.5 points from Q3 2025. Operating profit was $0.82B, a 25.0% margin (up 11.3 points year over year). Of the extra revenue versus Q3 2025, 407% reached operating profit, above the 14% margin then. Operating expenses grew 15% against revenue growth of 3%. Net earnings were $0.58B, up 110% year over year. The effective tax rate was 24.4%.
Operating cash flow was $0.75B (down 11% year over year), 129% of net earnings. Non-cash charges added back $0.14B of depreciation and amortization and $0.02B of share-based compensation. Capital expenditures of $0.10B left free cash flow of $0.65B.
Questions
What was Hershey's revenue in the third quarter 2026?
Hershey (HSY) reported revenue of $3.3B for the third quarter 2026 (Q3 2026), +3% from a year earlier and +18% from the quarter before.
Was Hershey profitable in the third quarter 2026?
Operating profit was $818M (25.0% of revenue) and net earnings $581M.
Source: Hershey 10-Q on SEC EDGAR.