Smithfield Foods Inc income statement

In fiscal 2025, Smithfield Foods Inc reported revenue of $15.53bn, up 9.8% on the year before, operating income of $1.29bn (a 8.3% margin) and net income of $987m, or $2.51 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Smithfield Foods Inc: income statement, annual
Fiscal year	2009May 2009	2010May 2010	2011May 2011	2012Apr 2012	2013Dec 2013	2014Dec 2014	2015Jan 2016	2022Jan 2023	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Revenue	12.5	11.2	12.2	13.1	13.9	15.0	14.4	16.2	14.6	14.1	15.5	15.2
Cost of revenue	—	—	—	—	—	—	—	14.7	13.8	12.2	13.4	13.3
Gross profit	0.6	0.7	1.7	1.5	1.2	1.8	1.8	1.5	0.9	1.9	2.1	1.9
Research and development	—	0.0	0.0	0.1	—	—	—	0.2	0.2	0.1	0.2	—
Selling, general and administrative	0.8	0.7	0.8	0.8	—	—	—	0.8	1.1	0.8	0.8	0.8
Operating income	−0.2	0.1	1.1	0.7	0.3	0.9	0.8	1.1	−0.1	1.1	1.3	1.2
Interest expense	0.2	0.3	0.2	0.2	—	—	—	0.1	0.1	0.1	0.0	0.0
Income before tax	—	—	—	—	—	—	—	1.0	−0.1	1.1	1.3	1.1
Income tax	−0.1	−0.1	0.2	0.2	—	—	—	0.2	−0.0	0.3	0.3	0.2
Net income	−0.2	−0.1	0.5	0.4	0.1	0.6	0.5	0.9	0.0	1.0	1.0	0.9
Diluted EPS	−$1.41	−$0.65	$3.12	$2.21	—	—	—	$2.29	$0.05	$2.51	$2.51	$2.28
Diluted shares (average)	141m	157m	167m	164m	—	—	—	380m	380m	380m	393m	395m
EBITDA	0.0	0.3	1.3	1.0	—	—	—	1.6	0.4	1.5	1.6	1.5

US$ millions unless shown otherwise. Fiscal quarters.

Smithfield Foods Inc: income statement, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Revenue	3,952	3,771	3,786	3,747	4,227	3,800	3,700	3,437
Cost of revenue	3,418	3,262	3,288	3,268	3,625	3,289	3,221	3,124
Gross profit	533	510	499	479	602	511	478	313
Selling, general and administrative	246	197	268	178	206	180	191	193
Operating income	335	321	260	310	400	333	290	127
Interest expense	14	11	11	11	8	8	8	6
Income before tax	316	304	254	318	394	323	299	120
Income tax	106	72	62	71	78	72	64	30
Net income	204	224	188	248	327	246	238	89
Diluted EPS	$0.54	$0.57	$0.48	$0.63	$0.83	$0.62	$0.60	$0.23
EBITDA	421	404	342	392	484	416	375	213

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Smithfield Foods Inc's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Smithfield Foods Inc.