Filing Flows › J M Smucker (SJM) › Q3 FY26
J M Smucker (SJM) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Feb 26, 2026
J M Smucker (SJM) reported revenue of $2.3B for the third quarter fiscal 2026 (Q3 FY26), +7% from a year earlier and +0.4% from the quarter before. Operating margin was -23.4%, net loss $724M (31.0% of revenue).
J M Smucker, Q3 FY26: revenue $2.3B (+7% year over year), operating margin -23.4%, net loss $724M, operating cash flow $558M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.3B | +0.4% | +7% |
| Operating profit | −$548M | -231% | — |
| Net earnings | −$724M | -400% | — |
| Operating cash flow | $558M | +61% | +133% |
| Free cash flow | $487M | +74% | +222% |
What changed
Revenue was $2.3B in Q3 FY26, up 7% year over year and roughly flat from the previous quarter. U.S. Retail Coffee was the largest line at 39% of revenue. U.S. Retail Coffee added $0.17B year over year (up 23%), 109% of the total change. Sweet Baked Snacks declined 19%.
Gross margin was 35.4%, down 4.8 points from Q3 FY25. Operating costs exceeded revenue by $0.55B, an operating margin of -23.4%. Operating expenses fell 7% while revenue rose 7%. The quarter ended with a net loss of $0.72B, after a profit of $0.24B the previous quarter.
Operating cash flow was $0.56B (up 133% year over year). Non-cash charges added back $0.14B of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items added $1.1B. Capital expenditures of $0.07B left free cash flow of $0.49B.
Questions
What was J M Smucker's revenue in the third quarter fiscal 2026?
J M Smucker (SJM) reported revenue of $2.3B for the third quarter fiscal 2026 (Q3 FY26), +7% from a year earlier and +0.4% from the quarter before.
Was J M Smucker profitable in the third quarter fiscal 2026?
Operating loss was $548M (-23.4% of revenue) and net loss $724M.
Source: J M Smucker 10-Q on SEC EDGAR.