Filing Flows › McCormick (MKC) › Q3 FY26 › vs Q3 FY25
McCormick (MKC) Q3 FY26 vs Q3 FY25 (year over year)
McCormick's revenue rose $300M (+17%) from $1.7B in Q3 FY25 to $2.0B in Q3 FY26. Gross margin 39.3% against 37.4% (+1.9 pts).
McCormick, Q3 FY26: revenue $2.0B (+17% year over year), operating margin 10.7%, net earnings $97.6M, operating cash flow $168M. The chart draws each line against Q3 FY25, the increases inside each band.
Margins
| Q3 FY26 | Q3 FY25 | Change | |
|---|---|---|---|
| Gross margin | 39.3% | 37.4% | +1.9 pts |
| Operating margin | 10.7% | 16.7% | -6.0 pts |
| Net margin | 4.8% | 13.1% | -8.3 pts |
| Free cash flow margin | 5.5% | 11.9% | -6.4 pts |
Every line
| Line | Q3 FY26 | Q3 FY25 | Change | % |
|---|---|---|---|---|
| Revenue | $2.0B | $1.7B | $300M | +17% |
| Gross profit | $795M | $645M | $150M | +23% |
| Cost of revenue | $1.2B | $1.1B | $150M | +14% |
| Operating profit | $217M | $289M | −$71.7M | -25% |
| Operating expenses | $578M | $356M | $222M | +62% |
| Pre-tax earnings | $158M | $267M | −$110M | -41% |
| Other expense, net | $59.5M | $21.7M | $37.8M | +174% |
| SG&A | $436M | $352M | $83.9M | +24% |
| Other operating costs | $142M | $3.9M | $138M | 36× |
| Net earnings | $97.6M | $226M | −$128M | -57% |
| Minority interests | $10.0M | $2.2M | $7.8M | +355% |
| Income tax | $49.9M | $39.3M | $10.6M | +27% |
| Depreciation & amortization | $76.6M | $61.2M | $15.4M | +25% |
| Share-based compensation | $5.2M | $7.7M | −$2.5M | -32% |
| Working capital & other | $11.3M | $35.6M | −$24.3M | -68% |
| Operating cash flow | $168M | $259M | −$90.7M | -35% |
| Free cash flow (OCF − capex) | $112M | $206M | −$94.0M | -46% |
| Capital expenditures | $56.0M | $52.7M | $3.3M | +6% |
Questions
How much did McCormick's revenue grow year over year in Q3 FY26?
McCormick's revenue rose $300M (+17%) from $1.7B in Q3 FY25 to $2.0B in Q3 FY26. Gross margin 39.3% against 37.4% (+1.9 pts).