Filing Flows › McCormick (MKC) › Q3 FY26
McCormick (MKC) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Oct 1, 2026
McCormick (MKC) reported revenue of $2.0B for the third quarter fiscal 2026 (Q3 FY26), +17% from a year earlier and +5% from the quarter before. Operating margin was 10.7%, net earnings $97.6M (4.8% of revenue).
McCormick, Q3 FY26: revenue $2.0B (+17% year over year), operating margin 10.7%, net earnings $97.6M, operating cash flow $168M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.0B | +5% | +17% |
| Gross profit | $795M | +2% | +23% |
| Operating profit | $217M | -21% | -25% |
| Net earnings | $97.6M | -35% | -57% |
| Operating cash flow | $168M | -56% | -35% |
| Free cash flow | $112M | -67% | -46% |
What changed
Revenue was $2.0B in Q3 FY26, up 17% year over year and up 5% from the previous quarter.
Gross margin was 39.3%, up 1.9 points from Q3 FY25. Operating profit was $0.22B, a 10.7% margin (down 6.0 points year over year). Operating profit fell $0.07B even though revenue rose $0.30B versus Q3 FY25, so costs grew faster than sales. Operating expenses grew 62% against revenue growth of 17%. The fastest-growing cost line was Other operating costs (+3528%). Net earnings were $0.10B, down 57% year over year. The effective tax rate was 31.7%.
Operating cash flow was $0.17B (down 35% year over year), 156% of net income including minority interests. Non-cash charges added back $0.08B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.02B. Capital expenditures of $0.06B left free cash flow of $0.11B.
Questions
What was McCormick's revenue in the third quarter fiscal 2026?
McCormick (MKC) reported revenue of $2.0B for the third quarter fiscal 2026 (Q3 FY26), +17% from a year earlier and +5% from the quarter before.
Was McCormick profitable in the third quarter fiscal 2026?
Operating profit was $217M (10.7% of revenue) and net earnings $97.6M.
Source: McCormick 10-Q on SEC EDGAR.