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Scotts Miracle-Gro (SMG) operating margin by quarter

Scotts Miracle-Gro's operating margin was 14.5% in Q3 FY26 (third quarter fiscal 2026), -13.1 pts from Q2 FY26. Over the last 4 quarters it ranged from 14.5% (Q3 FY26) to 27.5% (Q2 FY26).

Scotts Miracle-Gro operating margin by quarterScotts Miracle-Gro operating margin by quarter25.2%Q2 FY2519.1%Q3 FY2527.5%Q2 FY2614.5%Q3 FY26
QuarterOperating marginQ/QY/Y
Q3 FY2614.5%-13.1 pts-4.7 pts
Q2 FY2627.5%+8.4 pts+2.4 pts
Q3 FY2519.1%-6.0 pts—
Q2 FY2525.2%——

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 operating margin?

Scotts Miracle-Gro's operating margin was 14.5% in Q3 FY26 (third quarter fiscal 2026), -13.1 pts from Q2 FY26.

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

Over the last 4 quarters it ranged from 14.5% (Q3 FY26) to 27.5% (Q2 FY26).

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