Scotts Miracle-Gro Company (SMG) financial statements: income statement, balance sheet and cash flow
Scotts Miracle-Gro Company'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 (Sep 30, 2025 · FY), Scotts Miracle-Gro Company reported revenue of $3.4B (-3.9% year on year) and net income of $145.2M (+516.0% year on year).
Income statement
Scotts Miracle-Gro Company income statement, fiscal years
Line item
Sep 30, 2025 · FY
Sep 30, 2024 · FY
Sep 30, 2023 · FY
Sep 30, 2022 · FY
Net sales
$3.4B
$3.6B
$3.6B
$3.9B
Cost of sales
$2.3B
$2.6B
$2.7B
$2.9B
Cost of sales—impairment, restructuring and other
$20.3M
$83.5M
$185.7M
$160.1M
Gross margin
$1.0B
$850.5M
$657.3M
$872.9M
Selling, general and administrative
$603.4M
$559.0M
$551.3M
$613.0M
Impairment, restructuring and other
$63.4M
$62.8M
$280.5M
$693.1M
Other (income) expense, net
$18.8M
$19.9M
($100.0K)
$800.0K
Income (loss) from operations
$358.6M
$208.8M
($174.4M)
($434.0M)
Equity in loss of unconsolidated affiliates
$2.8M
$68.1M
$101.1M
$12.9M
Interest expense
$128.8M
$158.8M
$178.1M
$118.1M
Other non-operating (income) expense, net
$5.3M
$5.5M
($300.0K)
($6.9M)
Income (loss) before income taxes
$221.7M
($23.6M)
($453.3M)
($558.1M)
Income tax expense (benefit)
$76.5M
$11.3M
($73.2M)
($120.6M)
Net income (loss)
$145.2M
($34.9M)
($380.1M)
($437.5M)
Basic net income (loss) per common share (USD per share)
$2.52
-$0.61
-$6.79
-$7.88
Diluted net income (loss) per common share (USD per share)
$2.47
-$0.61
-$6.79
-$7.88
Scotts Miracle-Gro Company income statement, quarters
Line item
Jun 27, 2026 · Q3
Mar 28, 2026 · Q2
Dec 27, 2025 · Q1
Jun 28, 2025 · Q3
Net sales
$1.2B
$1.5B
$354.4M
$1.2B
Cost of sales
$805.0M
$849.0M
$264.4M
$806.3M
Cost of sales—impairment, restructuring and other
$1.2M
$0
$1.3M
$3.7M
Gross margin
$365.9M
$610.5M
$88.7M
$378.0M
Selling, general and administrative
$145.6M
$199.2M
$106.0M
$153.4M
Impairment, restructuring and other
$47.0M
$2.2M
$1.8M
$2.4M
Other expense, net
$3.7M
$7.3M
$2.7M
$7.2M
Income from operations
$169.6M
$401.8M
($21.8M)
$215.0M
Equity in income of unconsolidated affiliates
($29.2M)
$4.5M
($13.1M)
($25.3M)
Interest expense
$28.0M
$31.3M
$27.2M
$31.8M
Other non-operating expense, net
$15.6M
$1.1M
$1.2M
$1.2M
Income from continuing operations before income taxes
$155.2M
$364.9M
($63.3M)
$207.3M
Income tax expense from continuing operations
$51.6M
$101.6M
($15.5M)
$58.2M
Net income from continuing operations
$103.6M
$263.3M
—
—
Income (loss) from discontinued operations, net of tax
$8.6M
($24.7M)
—
—
Net income
$112.2M
$238.6M
($125.0M)
$149.1M
Income (loss) from continuing operations (USD per share)
$1.78
$4.53
-$0.83
—
Basic income (loss) per common share (USD per share)
$1.93
$4.11
-$2.16
$2.58
Income (loss) from continuing operations (USD per share)
$1.75
$4.46
-$0.83
—
Income (loss) from discontinued operations (USD per share)
$0.15
-$0.42
-$1.33
—
Diluted income (loss) per common share (USD per share)
$1.90
$4.04
-$2.16
$2.54
Weighted-average common shares outstanding during the period (in shares)
58.2M
58.1M
57.9M
57.7M
Weighted-average common shares outstanding during the period plus dilutive potential common shares (in shares)
59.2M
59.1M
57.9M
58.6M
Balance sheet
Scotts Miracle-Gro Company balance sheet, fiscal years
Line item
Sep 30, 2025 · FY
Sep 30, 2024 · FY
Sep 30, 2023 · FY
Sep 30, 2022 · FY
Cash and cash equivalents
$36.6M
$71.6M
$31.9M
$86.8M
Accounts receivable, less allowances of $12.0 in 2025 and $9.6 in 2024
$186.9M
$176.8M
$304.2M
$299.0M
Inventories
$592.8M
$587.5M
$880.3M
$1.3B
Prepaid and other current assets
$124.0M
$144.5M
$181.4M
$172.8M
Total current assets
$940.3M
$980.4M
$1.4B
$2.0B
Investment in unconsolidated affiliates
$53.6M
$45.2M
$91.9M
$193.8M
Property, plant and equipment, net
$631.6M
$609.5M
$610.3M
$606.0M
Goodwill
$243.9M
$243.9M
$243.9M
$254.0M
Intangible assets, net
$401.8M
$418.8M
$436.7M
$580.2M
Other assets
$470.8M
$574.1M
$633.1M
$680.9M
Total assets
$2.7B
$2.9B
$3.4B
$4.3B
Current portion of debt
$57.2M
$52.6M
$52.3M
$144.3M
Accounts payable
$229.2M
$254.7M
$271.2M
$422.6M
Other current liabilities
$453.3M
$443.0M
$450.2M
$397.0M
Total current liabilities
$739.7M
$750.3M
$773.7M
$963.9M
Long-term debt
$2.0B
$2.2B
$2.6B
$2.8B
Other liabilities
$310.6M
$338.0M
$349.9M
$359.0M
Total liabilities
$3.1B
$3.3B
$3.7B
$4.1B
Common shares and capital in excess of $0.01 stated value per share; shares outstanding of 57.8 and 57.1, respectively
$351600000.00
$362000000.00
$353100000.00
$364000000.00
Retained earnings
$294.7M
$303.8M
$490.9M
$1.0B
Treasury shares, at cost; 10.4 and 11.0 shares, respectively
-894.1M
-949.1M
-998.5M
-1.1B
Accumulated other comprehensive loss
($109.7M)
($107.3M)
($112.8M)
($144.6M)
Total equity (deficit)
($357.5M)
($390.6M)
($267.3M)
$147.7M
Total liabilities and equity (deficit)
$2.7B
$2.9B
$3.4B
$4.3B
Scotts Miracle-Gro Company balance sheet, quarters
Line item
Jun 27, 2026
Mar 28, 2026
Dec 27, 2025
Jun 28, 2025
Cash and cash equivalents
$27.7M
$6.2M
$8.3M
$51.1M
Accounts receivable, less allowances of $15.6, $13.3 and $10.5, respectively
$713.0M
$766.7M
$193.8M
$573.8M
Inventories
$481.4M
$696.0M
$846.7M
$544.3M
Current assets held for sale
$0
$28.5M
$61.0M
—
Prepaid and other current assets
$127.0M
$124.5M
$147.4M
$114.1M
Total current assets
$1.3B
$1.6B
$1.3B
$1.3B
Investment in unconsolidated affiliates
$65.2M
$36.0M
$40.5M
$65.9M
Property, plant and equipment, net of accumulated depreciation of $864.9, $817.3 and $819.7, respectively
$635.1M
$627.4M
$617.3M
$609.4M
Goodwill
$243.9M
$243.9M
$243.9M
$243.9M
Intangible assets, net
$350.1M
$350.9M
$351.4M
$409.6M
Noncurrent assets held for sale
$0
$0
$0
—
Other assets
$524.0M
$531.9M
$523.7M
$478.5M
Total assets
$3.2B
$3.4B
$3.0B
$3.1B
Current portion of debt
$277.0M
$279.4M
$278.3M
$52.1M
Accounts payable
$310.3M
$385.8M
$283.9M
$261.7M
Current liabilities held for sale
$0
$29.1M
$31.7M
—
Other current liabilities
$523.5M
$581.3M
$338.5M
$484.8M
Total current liabilities
$1.1B
$1.3B
$932.4M
$798.6M
Long-term debt
$1.8B
$2.1B
$2.3B
$2.1B
Noncurrent liabilities held for sale
$0
$0
$0
—
Other liabilities
$429.0M
$354.5M
$352.0M
$326.7M
Total liabilities
$3.4B
$3.7B
$3.5B
$3.3B
Common shares and capital in excess of $0.01 stated value per share; shares outstanding of 58.2, 57.7 and 57.8, respectively
$350100000.00
$346300000.00
$346900000.00
$347300000.00
Retained earnings
$404.3M
$331.0M
$131.2M
$485.2M
Treasury shares, at cost; 10.0, 10.4 and 10.4 shares, respectively
-857.1M
-858.8M
-872.5M
-895.9M
Accumulated other comprehensive loss
($106.0M)
($105.0M)
($106.2M)
($107.5M)
Total equity (deficit)
($208.7M)
($286.5M)
($500.6M)
($170.9M)
Total liabilities and equity (deficit)
$3.2B
$3.4B
$3.0B
$3.1B
Cash flow statement
Scotts Miracle-Gro Company cash flow statement, fiscal years
Line item
Sep 30, 2025 · FY
Sep 30, 2024 · FY
Sep 30, 2023 · FY
Sep 30, 2022 · FY
Net income (loss)
$145.2M
($34.9M)
($380.1M)
($437.5M)
Impairment, restructuring and other
$21.7M
$84.3M
$288.6M
$666.8M
Share-based compensation expense
$69.0M
$80.4M
$68.9M
$34.3M
Depreciation
$62.7M
$64.9M
$67.3M
$68.1M
Amortization
$12.3M
$15.7M
$25.2M
$37.1M
Deferred taxes
$70.8M
$9.3M
($58.7M)
($182.8M)
Loss on sale of business
$17.7M
—
—
—
Equity in loss of unconsolidated affiliates
$2.8M
$68.1M
$101.1M
$12.9M
Accounts receivable
($16.6M)
$128.2M
$77.7M
$102.8M
Inventories
($17.9M)
$293.8M
$450.5M
($203.8M)
Prepaid and other current assets
($2.3M)
$10.2M
$18.6M
($3.3M)
Accounts payable
($300.0K)
($1.6M)
($153.6M)
($171.2M)
Other current liabilities
$16.0M
($45.4M)
$52.0M
($68.4M)
Other non-current items
($9.2M)
($6.2M)
($30.7M)
$20.1M
Other, net
($600.0K)
$700.0K
$1.3M
$1.1M
Net cash provided by operating activities
$371.3M
$667.5M
$531.0M
($129.0M)
Investments in property, plant and equipment
($97.4M)
($84.0M)
($92.8M)
($113.5M)
Investments in loans receivable
($8.5M)
—
—
$0
Proceeds from loans receivable
$0
$0
$37.0M
—
Investments in unconsolidated affiliates
$0
($21.4M)
$0
$0
Net cash disposed of on sale of business
($2.5M)
$0
$0
($237.3M)
Other investing, net
($3.7M)
$2.6M
($12.4M)
$29.3M
Net cash used in investing activities
($112.1M)
($100.4M)
($65.7M)
($283.2M)
Borrowings under revolving and bank lines of credit and term loans
$702.7M
$648.5M
$1.3B
$3.6B
Repayments under revolving and bank lines of credit and term loans
($824.8M)
($1.0B)
($1.7B)
($2.9B)
Dividends paid
($154.3M)
($151.3M)
($149.1M)
($166.2M)
Purchase of Common Shares
-18.4M
-5.1M
-9.3M
-257.9M
Cash received from exercise of stock options
$11.9M
$3.8M
$2.3M
$3.3M
Other financing, net
($11.1M)
$15.7M
($4.0M)
$5.6M
Net cash used in financing activities
($294.0M)
($527.9M)
($520.1M)
$255.3M
Effect of exchange rate changes on cash
($200.0K)
$500.0K
($100.0K)
($400.0K)
Net increase (decrease) in cash and cash equivalents
($35.0M)
$39.7M
($54.9M)
($157.3M)
Cash and cash equivalents at beginning of year
$71.6M
$31.9M
$86.8M
$244.1M
Cash and cash equivalents at end of year
$36.6M
$71.6M
$31.9M
$86.8M
Scotts Miracle-Gro Company cash flow statement, quarters
Line item
Jun 27, 2026 · YTD
Mar 28, 2026 · YTD
Dec 27, 2025 · Q1
Jun 28, 2025 · YTD
Net income
$225.8M
$113.6M
($125.0M)
$297.1M
Impairment, restructuring and other
$15.7M
$800.0K
$600.0K
$16.0M
Share-based compensation expense
$38.3M
$26.3M
$7.4M
$55.6M
Depreciation
$47.0M
$31.0M
$15.6M
$47.1M
Amortization
$4.2M
$3.5M
$2.8M
$9.4M
Deferred taxes
$115.3M
($29.8M)
($22.9M)
$76.5M
Loss on sale of business
$101.8M
$134.4M
$104.8M
—
Unrealized loss on investments
$15.7M
—
—
—
Equity in income of unconsolidated affiliates
($11.6M)
$17.6M
$13.1M
($9.5M)
Accounts receivable
($552.1M)
($603.9M)
($30.3M)
($395.2M)
Inventories
$61.1M
($150.5M)
($300.9M)
$42.5M
Prepaid and other current assets
($2.6M)
($5.4M)
($27.7M)
$12.6M
Accounts payable
$83.7M
$161.3M
$63.1M
$14.7M
Other current liabilities
$39.6M
$132.6M
($82.5M)
$38.7M
Other non-current items
$20.0M
$20.9M
$15.8M
($6.1M)
Other, net
($6.7M)
($2.8M)
($4.3M)
($2.2M)
Net cash provided by operating activities
$195.2M
($150.4M)
($370.4M)
$197.2M
Investments in property, plant and equipment
($63.1M)
($38.6M)
($20.0M)
($54.5M)
Net cash disposed of on sale of business
($35.0M)
—
—
—
Other investing, net
($4.0M)
($6.8M)
($1.8M)
($5.5M)
Net cash used in investing activities
($102.1M)
($45.4M)
($21.8M)
($60.0M)
Borrowings under revolving and bank lines of credit and term loans
$1.2B
$1.2B
$1.1B
$695.6M
Repayments under revolving and bank lines of credit and term loans
($1.2B)
($938.9M)
($723.1M)
($734.9M)
Financing and issuance fees
($8.9M)
($8.7M)
($8.6M)
—
Dividends paid
($116.3M)
($77.8M)
($38.3M)
($116.2M)
Purchase of Common Shares
-12.1M
-11.6M
-8.3M
-18.4M
Cash received from exercise of stock options
$3.9M
$3.3M
$700.0K
$11.2M
Other financing, net
$25.9M
$22.0M
($1.2M)
$4.5M
Net cash used in financing activities
($101.8M)
$168.2M
$366.8M
($158.2M)
Effect of exchange rate changes on cash
($200.0K)
$100.0K
$100.0K
$500.0K
Net decrease in cash and cash equivalents, including cash and cash equivalents classified within current assets held for sale
($8.9M)
($27.5M)
($25.3M)
($20.5M)
Less: Net increase (decrease) in cash and cash equivalents classified within current assets held for sale