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Scotts Miracle-Gro (SMG) gross margin by quarter

Scotts Miracle-Gro's gross margin was 31.2% in Q3 FY26 (third quarter fiscal 2026), -10.6 pts from Q2 FY26. Over the last 4 quarters it ranged from 31.2% (Q3 FY26) to 41.8% (Q2 FY26).

Scotts Miracle-Gro gross margin by quarterScotts Miracle-Gro gross margin by quarter39.0%Q2 FY2532.1%Q3 FY2541.8%Q2 FY2631.2%Q3 FY26
QuarterGross marginQ/QY/Y
Q3 FY2631.2%-10.6 pts-0.9 pts
Q2 FY2641.8%+9.7 pts+2.8 pts
Q3 FY2532.1%-6.9 pts—
Q2 FY2539.0%——

Q3 FY26 at a glance

Scotts Miracle-Gro, Q3 FY26: revenue $1.2B (+1% year over year), operating margin 14.5%, net earnings $112M, operating cash flow $346M. The chart follows the revenue to costs, profit and cash.

Questions

What is Scotts Miracle-Gro's gross margin?

Scotts Miracle-Gro's gross margin was 31.2% in Q3 FY26 (third quarter fiscal 2026), -10.6 pts from Q2 FY26.

How has Scotts Miracle-Gro's gross margin changed?

Over the last 4 quarters it ranged from 31.2% (Q3 FY26) to 41.8% (Q2 FY26).

Q3 FY26 results → · How Scotts Miracle-Gro makes money →