J.M. Smucker Co (SJM) financial statements: income statement, balance sheet and cash flow
J.M. Smucker Co's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Apr 30, 2026 · FY), J.M. Smucker Co reported revenue of $9.1B (+3.7% year on year) and net income of ($138.7M) (+88.7% year on year).
Income statement
J.M. Smucker Co income statement, fiscal years
Line item
Apr 30, 2026 · FY
Apr 30, 2025 · FY
Apr 30, 2024 · FY
Apr 30, 2023 · FY
Net sales
$9.1B
$8.7B
$8.2B
$8.5B
Cost of products sold
$6.0B
$5.3B
$5.1B
$5.7B
Gross Profit
$3.0B
$3.4B
$3.1B
$2.8B
Selling, distribution, and administrative expenses
$1.5B
$1.5B
$1.4B
$1.5B
Amortization
$210.6M
$219.3M
$191.1M
$206.9M
Goodwill impairment charges
$507.5M
$1.7B
—
—
Other intangible assets impairment charges
$454.2M
$320.9M
$0
$0
Other special project costs
$21.1M
$35.8M
$130.2M
$4.7M
Loss (gain) on divestitures – net
$0
$310.1M
$12.9M
$1.0B
Other operating expense (income) – net
($15.7M)
($18.1M)
$29.2M
($40.8M)
Operating Income (Loss)
$360.2M
($673.9M)
$1.3B
$157.5M
Interest expense – net
($381.2M)
($388.7M)
($264.3M)
($152.0M)
Other debt gains (charges) – net
$0
$30.2M
($19.5M)
—
Other income (expense) – net
($41.4M)
($14.4M)
($25.6M)
($14.7M)
Income (Loss) Before Income Taxes
($62.4M)
($1.0B)
$996.4M
($9.2M)
Income tax expense
$76.3M
$184.0M
$252.4M
$82.1M
Net Income (Loss)
($138.7M)
($1.2B)
$744.0M
($91.3M)
Net Income (Loss) (in dollars per share)
-$1.30
-$11.57
$7.14
-$0.86
Net Income (Loss) - Assuming Dilution (in dollars per share)
-$1.30
-$11.57
$7.13
-$0.86
J.M. Smucker Co income statement, quarters
Line item
Jul 31, 2026 · Q1
Jan 31, 2026 · Q3
Oct 31, 2025 · Q2
Jul 31, 2025 · Q1
Net sales
$2.2B
$2.3B
$2.3B
$2.1B
Cost of products sold
$1.2B
$1.5B
$1.5B
$1.6B
Gross Profit
$979.6M
$827.8M
$869.9M
$474.7M
Selling, distribution, and administrative expenses
$410.5M
$363.2M
$398.2M
$377.4M
Amortization
$57.9M
$50.3M
$50.2M
$50.2M
Other special project costs
$600.0K
$5.0M
$5.6M
$6.0M
Other operating expense (income) – net
($1.0M)
($4.0M)
($2.6M)
($4.5M)
Operating Income
$511.6M
($548.4M)
$418.5M
$45.6M
Interest expense – net
($82.3M)
($94.5M)
($98.6M)
($100.2M)
Other income (expense) – net
($1.4M)
($9.0M)
($1.5M)
($1.9M)
Income (Loss) Before Income Taxes
$427.9M
($651.9M)
$318.4M
($56.5M)
Income tax expense (benefit)
$103.6M
$72.3M
$77.1M
($12.6M)
Net Income (Loss)
$324.3M
($724.2M)
$241.3M
($43.9M)
Net Income (Loss) (in dollars per share)
$3.04
-$6.79
$2.26
-$0.41
Net Income (Loss) - Assuming Dilution (in dollars per share)
$3.03
-$6.79
$2.26
-$0.41
Balance sheet
J.M. Smucker Co balance sheet, fiscal years
Line item
Apr 30, 2026 · FY
Apr 30, 2025 · FY
Apr 30, 2024 · FY
Apr 30, 2023 · FY
Cash and cash equivalents
$58.6M
$69.9M
$62.0M
$655.8M
Trade receivables – net
$656.3M
$619.0M
$736.5M
$597.6M
Finished products
$584.1M
$680.0M
$639.4M
$657.6M
Raw materials
$542.4M
$529.4M
$399.5M
$352.2M
Total Inventory
$1.1B
$1.2B
$1.0B
$1.0B
Other current assets
$131.7M
$248.3M
$129.5M
$107.7M
Total Current Assets
$2.0B
$2.1B
$2.0B
$2.9B
Land and land improvements
$158.1M
$157.5M
$152.4M
$131.0M
Buildings and fixtures
$1.5B
$1.4B
$1.2B
$956.1M
Machinery and equipment
$3.5B
$3.3B
$2.9B
$2.4B
Construction in progress
$546.1M
$619.4M
$911.7M
$629.4M
Gross Property, Plant, and Equipment
$5.6B
$5.4B
$5.2B
$4.2B
Accumulated depreciation
($2.6B)
($2.3B)
($2.1B)
($1.9B)
Total Property, Plant, and Equipment
$3.0B
$3.1B
$3.1B
$2.2B
Operating lease right-of-use assets
$148.8M
$115.4M
$174.6M
$103.0M
Goodwill
$5.2B
$5.7B
$7.6B
$5.2B
Other intangible assets – net
$5.7B
$6.3B
$7.3B
$4.4B
Other noncurrent assets
$176.7M
$164.8M
$154.2M
$144.0M
Total Other Noncurrent Assets
$11.2B
$12.3B
$15.2B
$9.9B
Total Assets
$16.2B
$17.6B
$20.3B
$15.0B
Accounts payable
$1.2B
$1.3B
$1.3B
$1.4B
Accrued compensation
$115.1M
$118.0M
$151.5M
$112.9M
Accrued trade marketing and merchandising
$175.9M
$188.8M
$214.3M
$187.7M
Dividends payable
$116.9M
$114.6M
$112.8M
$106.3M
Current portion of long-term debt
$150.0M
$0
$999.3M
—
Short-term borrowings
$420.9M
$640.8M
$591.0M
$0
Other current liabilities
$384.3M
$301.1M
$315.5M
$154.0M
Total Current Liabilities
$2.5B
$2.7B
$3.8B
$2.0B
Long-term debt, less current portion
$6.4B
$7.0B
$6.8B
—
Defined benefit pensions
$50.6M
$53.0M
$54.1M
$62.1M
Other postretirement benefits
$44.3M
$45.8M
$44.3M
$49.1M
Deferred income taxes
$1.5B
$1.5B
$1.7B
$1.1B
Noncurrent operating lease liabilities
$125.3M
$84.1M
$143.5M
$77.2M
Other noncurrent liabilities
$64.8M
$60.4M
$65.7M
$72.4M
Total Noncurrent Liabilities
$8.1B
$8.8B
$8.8B
$5.7B
Total Liabilities
$10.7B
$11.5B
$12.6B
$7.7B
Serial preferred shares – no par value: Authorized – 6,000,000 shares; outstanding – none
0
0
0
0
Common shares – no par value: Authorized – 300,000,000 shares; outstanding – 106,661,858 at April 30, 2026, and 106,425,081 at April 30, 2025 (net of 43,825,787 and 44,062,564 treasury shares, respectively), at stated value
26.7M
26.6M
26.5M
26.1M
Additional capital
$5.8B
$5.7B
$5.7B
$5.4B
Retained income (accumulated deficit)
($101.3M)
$501.8M
$2.2B
$2.1B
Accumulated other comprehensive income (loss)
($134.1M)
($184.5M)
($234.6M)
($239.2M)
Total Shareholders’ Equity
$5.5B
$6.1B
$7.7B
$7.3B
Total Liabilities and Shareholders’ Equity
$16.2B
$17.6B
$20.3B
$15.0B
J.M. Smucker Co balance sheet, quarters
Line item
Jul 31, 2026
Jan 31, 2026
Oct 31, 2025
Jul 31, 2025
Cash and cash equivalents
$43.2M
$52.8M
$62.8M
$39.3M
Trade receivables – net
$615.7M
$645.7M
$675.2M
$643.2M
Finished products
$650.2M
$647.1M
$796.8M
$779.8M
Raw materials
$536.3M
$524.0M
$557.4M
$606.2M
Total Inventory
$1.2B
$1.2B
$1.4B
$1.4B
Other current assets
$145.8M
$119.0M
$233.3M
$333.4M
Total Current Assets
$2.0B
$2.0B
$2.3B
$2.4B
Land and land improvements
$158.5M
$158.3M
$158.2M
$157.8M
Buildings and fixtures
$1.5B
$1.4B
$1.4B
$1.4B
Machinery and equipment
$3.5B
$3.4B
$3.4B
$3.3B
Construction in progress
$570.5M
$547.9M
$558.7M
$545.8M
Gross Property, Plant, and Equipment
$5.7B
$5.6B
$5.5B
$5.5B
Accumulated depreciation
($2.7B)
($2.6B)
($2.5B)
($2.4B)
Total Property, Plant, and Equipment
$3.0B
$3.0B
$3.0B
$3.0B
Operating Lease, Right-of-Use Asset
$185.9M
$153.0M
$155.0M
$120.1M
Goodwill
$5.2B
$5.2B
$5.7B
$5.7B
Other intangible assets – net
$5.6B
$5.7B
$6.2B
$6.3B
Other noncurrent assets
$184.2M
$171.9M
$170.6M
$166.7M
Total Other Noncurrent Assets
$11.2B
$11.3B
$12.3B
$12.3B
Total Assets
$16.2B
$16.3B
$17.6B
$17.7B
Accounts payable
$1.2B
$1.1B
$1.1B
$1.2B
Accrued trade marketing and merchandising
$224.8M
$198.6M
$217.3M
$210.6M
Current portion of long-term debt
$150.0M
—
—
—
Short-term borrowings
$193.5M
$486.9M
$748.2M
$951.6M
Other current liabilities
$515.4M
$546.2M
$551.2M
$557.6M
Total Current Liabilities
$2.3B
$2.4B
$2.6B
$3.0B
Long-term debt, less current portion
$6.4B
$6.8B
$7.0B
$7.0B
Deferred income taxes
$1.5B
$1.5B
$1.6B
$1.6B
Noncurrent operating lease liabilities
$159.3M
$126.1M
$125.6M
$90.7M
Other noncurrent liabilities
$150.5M
$163.8M
$162.0M
$159.6M
Total Noncurrent Liabilities
$8.2B
$8.7B
$8.9B
$8.9B
Total Liabilities
$10.5B
$11.0B
$11.6B
$11.8B
Common shares
26.7M
26.7M
26.7M
26.7M
Additional capital
$5.8B
$5.8B
$5.7B
$5.7B
Retained income (accumulated deficit)
$103.6M
($372.8M)
$468.2M
$343.5M
Accumulated other comprehensive income (loss)
($139.1M)
($168.2M)
($182.7M)
($182.5M)
Total Shareholders’ Equity
$5.8B
$5.2B
$6.1B
$5.9B
Total Liabilities and Shareholders’ Equity
$16.2B
$16.3B
$17.6B
$17.7B
Cash flow statement
J.M. Smucker Co cash flow statement, fiscal years
Line item
Apr 30, 2026 · FY
Apr 30, 2025 · FY
Apr 30, 2024 · FY
Apr 30, 2023 · FY
Net income (loss)
($138.7M)
($1.2B)
$744.0M
($91.3M)
Depreciation
$346.4M
$283.2M
$239.7M
$224.1M
Amortization
$210.6M
$219.3M
$191.1M
$206.9M
Goodwill impairment charges
$507.5M
$1.7B
—
—
Other intangible assets impairment charges
$454.2M
$320.9M
$0
$0
Realized loss on investment in equity securities - net
$0
$0
$21.5M
—
Pension settlement loss (gain)
$34.4M
$0
$3.2M
$7.4M
Share-based compensation expense
$23.6M
$29.9M
$23.9M
$25.6M
Loss (gain) on divestitures – net
$0
$310.1M
$12.9M
$1.0B
Deferred income tax expense (benefit)
($103.3M)
($108.0M)
($40.5M)
($190.8M)
Loss (gain) on disposal of assets – net
$3.9M
$12.6M
$7.8M
$5.1M
Other noncash adjustments – net
$50.9M
$15.3M
$31.9M
$23.9M
Settlement of interest rate contracts
$0
$0
$42.5M
—
Defined benefit pension contributions
($11.5M)
($5.0M)
($4.1M)
($74.1M)
Trade receivables
($36.9M)
$117.2M
$41.5M
($74.8M)
Inventories
$83.3M
($180.6M)
$2.9M
($134.6M)
Other current assets
$61.1M
($48.9M)
($35.5M)
$86.8M
Accounts payable
($112.0M)
($36.5M)
($81.7M)
$151.6M
Accrued liabilities
($48.5M)
($85.4M)
$99.4M
$400.0K
Income and other taxes
$142.6M
($50.6M)
($34.9M)
$9.5M
Other – net
$6.0M
($13.9M)
($36.2M)
$200.0K
Net Cash Provided by (Used for) Operating Activities
$1.5B
$1.2B
$1.2B
$1.2B
Business acquired, net of cash acquired
$0
$0
($3.9B)
—
Proceeds from sale of equity securities
$0
$0
$466.3M
—
Proceeds from divestitures – net
$0
$326.0M
$56.3M
$686.3M
Additions to property, plant, and equipment
($317.4M)
($393.8M)
($586.5M)
($477.4M)
Proceeds from disposal of property, plant, and equipment
$13.1M
—
—
—
Collateral received (pledged) for derivative cash margin accounts
$44.9M
—
—
—
Other – net
$600.0K
($32.5M)
$19.9M
$47.3M
Net Cash Provided by (Used for) Investing Activities
($258.8M)
($100.3M)
($4.0B)
$256.2M
Short-term borrowings (repayments) – net
($251.5M)
$19.2M
$578.2M
($185.9M)
Proceeds from long-term debt
$0
$650.0M
$4.3B
$0
Repayments of long-term debt
($500.0M)
($1.3B)
($1.8B)
$0
Capitalized debt issuance costs
$0
($3.0M)
($32.1M)
$0
Quarterly dividends paid
($464.7M)
($455.4M)
($437.5M)
($430.2M)
Purchase of treasury shares
-5.6M
-3.3M
-372.8M
-367.5M
Payment of assumed tax receivable agreement obligation
$0
$0
($86.4M)
—
Other – net
($4.7M)
($12.1M)
($5.0M)
($2.6M)
Net Cash Provided by (Used for) Financing Activities
($1.2B)
($1.1B)
$2.1B
($964.6M)
Effect of exchange rate changes on cash
$400.0K
$500.0K
($200.0K)
($100.0K)
Net increase (decrease) in cash and cash equivalents
($11.3M)
$7.9M
($593.8M)
$485.9M
Cash and cash equivalents at beginning of year
$69.9M
$62.0M
$655.8M
$169.9M
Cash and Cash Equivalents at End of Year
$58.6M
$69.9M
$62.0M
$655.8M
J.M. Smucker Co cash flow statement, quarters
Line item
Jul 31, 2026 · Q1
Jan 31, 2026 · YTD
Oct 31, 2025 · YTD
Jul 31, 2025 · Q1
Net income (loss)
$324.3M
($526.8M)
$197.4M
($43.9M)
Depreciation
$69.6M
$271.9M
$178.1M
$85.0M
Amortization
$57.9M
$150.7M
$100.4M
$50.2M
Share-based compensation expense
$12.2M
$20.4M
$17.9M
$9.0M
Deferred income tax expense (benefit)
($400.0K)
($11.8M)
$64.0M
$24.0M
Other noncash adjustments – net
$11.4M
$41.9M
$28.3M
$12.7M
Trade receivables
$40.1M
($26.3M)
($56.6M)
($24.3M)
Inventories
($61.1M)
$38.6M
($145.6M)
($177.3M)
Other current assets
($13.8M)
$87.4M
$77.0M
$53.0M
Accounts payable
$60.9M
($150.8M)
($161.0M)
($33.2M)
Accrued liabilities
($26.0M)
($84.8M)
$55.3M
$76.2M
Income and other taxes
($31.7M)
$118.8M
($16.9M)
($41.1M)
Other – net
($17.7M)
($4.3M)
($2.4M)
($900.0K)
Net Cash Provided by (Used for) Operating Activities
$425.7M
$894.4M
$335.9M
($10.6M)
Additions to property, plant, and equipment
($88.4M)
($222.1M)
($150.6M)
($84.3M)
Proceeds from disposal of property, plant, and equipment
$300.0K
$13.1M
$13.1M
$12.9M
Collateral received (pledged) for derivative cash margin accounts
$2.0M
$34.8M
—
—
Other – net
$300.0K
$300.0K
$300.0K
$200.0K
Net Cash Provided by (Used for) Investing Activities
($85.8M)
($173.9M)
($190.0M)
($197.9M)
Short-term borrowings (repayments) – net
($230.8M)
($181.0M)
$87.4M
$300.6M
Quarterly dividends paid
($116.8M)
($347.9M)
($231.2M)
($114.4M)
Purchase of treasury shares
-5.7M
-5.2M
-5.0M
-4.6M
Other – net
($700.0K)
($3.6M)
($2.9M)
($3.6M)
Net Cash Provided by (Used for) Financing Activities
($354.0M)
($737.7M)
($151.7M)
$178.0M
Effect of exchange rate changes on cash
($1.3M)
$100.0K
($1.3M)
($100.0K)
Net increase (decrease) in cash and cash equivalents