How does Campbell Soup (CPB) make money?

Campbell Soup (CPB) generates revenue primarily from Baked Snacks, which accounted for 43.4% of total revenue in TTM through Q2 2026. The company reported $9.93B in revenue and converted 6.1% of it into net profit, equivalent to roughly $608M in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of Campbell Soup (CPB)?

Campbell Soup (CPB) reported a gross profit margin of 28.8% in TTM through Q2 2026, equivalent to $2.86B in gross profit on $9.93B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Campbell Soup (CPB)?

Campbell Soup (CPB) reported an operating profit margin of 11.5% in TTM through Q2 2026, equivalent to $1.14B in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Campbell Soup (CPB)?

Campbell Soup (CPB) reported a net profit margin of 6.1% in TTM through Q2 2026, equivalent to $608M in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Campbell Soup (CPB) profitable?

Yes. Campbell Soup (CPB) reported $608M in net income for TTM through Q2 2026, with a net profit margin of 6.1%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does Campbell Soup (CPB) invest in research and development?

Campbell Soup (CPB) invested $97M in research and development during TTM through Q2 2026, roughly 1.0% of total revenue. R&D spending funds the company's future product pipeline and is expensed in full on the income statement rather than capitalised, which makes the operating margin sensitive to how aggressively management chooses to reinvest in innovation.

How much does Campbell Soup (CPB) spend on capital expenditures?

Campbell Soup (CPB) spent $200M on capital expenditures (CapEx) during TTM through Q2 2026, roughly 2.0% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Campbell Soup (CPB) generate?

Campbell Soup (CPB) generated $898M in free cash flow during TTM through Q2 2026, a free-cash-flow margin of 9.0%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Campbell Soup (CPB)?

Campbell Soup (CPB) had an effective tax rate of 23.2% in TTM through Q2 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of Campbell Soup (CPB)?

Campbell Soup (CPB) reports revenue across 3 reportable product segments, led by Baked Snacks at 43.4% of total revenue in TTM through Q2 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

How Campbell Soup Makes Money: 2026 Visual Revenue Map

Campbell Soup (CPB) Income Statement Flow — TTM through Q2 2026

Calculated from the four most recent reported quarters, ending May 3, 2026 (reported June 8, 2026).

Campbell Soup discloses geographic revenue only in annual filings. to view the full breakdown.

Campbell Soup (CPB) Revenue by Product Segment — TTM through Q2 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for Campbell Soup (CPB), TTM through Q2 2026.
Segment	Revenue (USD)	% of total
Baked Snacks	$4.31B	43.4%
Beverages	$2.93B	29.5%
Soups	$2.69B	27.1%
Total	$9.93B	100%

Baked Snacks$4.31B
Beverages$2.93B
Soups$2.69B
Total$9.93B

Revenue Breakdown — TTM through Q2 2026

In TTM through Q2 2026, Campbell Soup (CPB) reports revenue across 3 reportable product segments; the largest segment was Baked Snacks at 43.4%, followed by Beverages (29.5%) and Soups (27.1%).

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