Filing Flows › Marzetti (MZTI) › Q4 FY26 › vs Q3 FY26
Marzetti (MZTI) Q4 FY26 vs Q3 FY26 (quarter over quarter)
Marzetti's revenue rose $11.7M (+3%) from $453M in Q3 FY26 to $465M in Q4 FY26. The biggest changes: Retail +$9.9M (+4%); Foodservice +$1.8M (+0.8%). Gross margin 24.5% against 23.6% (+0.9 pts).
Marzetti, Q4 FY26: revenue $465M (-2% year over year), operating margin 12.4%, net earnings $48.3M, operating cash flow $55.2M. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Gross margin | 24.5% | 23.6% | +0.9 pts |
| Operating margin | 12.4% | 10.3% | +2.1 pts |
| Net margin | 10.4% | 8.2% | +2.2 pts |
| Free cash flow margin | 6.9% | 10.9% | -4.0 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Retail | $244M | $234M | $9.9M | +4% |
| Foodservice | $221M | $220M | $1.8M | +0.8% |
| Revenue | $465M | $453M | $11.7M | +3% |
| Gross profit | $114M | $107M | $6.8M | +6% |
| Cost of revenue | $351M | $346M | $4.9M | +1% |
| Operating profit | $57.7M | $46.6M | $11.1M | +24% |
| Operating expenses | $56.3M | $60.6M | −$4.3M | -7% |
| Pre-tax earnings | $56.5M | $48.3M | $8.2M | +17% |
| Net earnings | $48.3M | $37.1M | $11.2M | +30% |
| Income tax | $8.2M | $11.3M | −$3.0M | -27% |
| Depreciation & amortization | $19.7M | $17.5M | $2.1M | +12% |
| Share-based compensation | $2.5M | $2.4M | $31K | +1% |
| Working capital & other | $15.2M | −$13.5M | $28.8M | — |
| Operating cash flow | $55.2M | $70.5M | −$15.4M | -22% |
| Free cash flow (OCF − capex) | $32.1M | $49.3M | −$17.2M | -35% |
| Capital expenditures | $23.1M | $21.3M | $1.8M | +9% |
Questions
How much did Marzetti's revenue grow quarter over quarter in Q4 FY26?
Marzetti's revenue rose $11.7M (+3%) from $453M in Q3 FY26 to $465M in Q4 FY26.
What drove Marzetti's revenue change in Q4 FY26?
Retail +$9.9M (+4%); Foodservice +$1.8M (+0.8%).