How does J. M. Smucker (SJM) make money?

J. M. Smucker (SJM) generates revenue primarily from U.S. Retail Coffee, which accounted for 46% of total revenue in TTM through Q2 2026. The company reported $9.05B in revenue and converted -1.5% of it into net profit, equivalent to roughly -$139M in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of J. M. Smucker (SJM)?

J. M. Smucker (SJM) reported a gross profit margin of 33.5% in TTM through Q2 2026, equivalent to $3.03B in gross profit on $9.05B 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 J. M. Smucker (SJM)?

J. M. Smucker (SJM) reported an operating profit margin of 4% in TTM through Q2 2026, equivalent to $360M 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 J. M. Smucker (SJM)?

J. M. Smucker (SJM) reported a net profit margin of -1.5% in TTM through Q2 2026, equivalent to -$139M 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 J. M. Smucker (SJM) profitable?

J. M. Smucker (SJM) reported a net loss of $139M for TTM through Q2 2026, a net profit margin of -1.5%. Combined operating expenses, interest, and income taxes exceeded revenue, so the period closed in the red on a reported basis.

How much does J. M. Smucker (SJM) spend on capital expenditures?

J. M. Smucker (SJM) spent $317M on capital expenditures (CapEx) during TTM through Q2 2026, roughly 3.5% 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 J. M. Smucker (SJM) generate?

J. M. Smucker (SJM) generated $1.16B in free cash flow during TTM through Q2 2026, a free-cash-flow margin of 12.8%. 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 are the main business segments of J. M. Smucker (SJM)?

J. M. Smucker (SJM) reports revenue across 4 reportable product segments, led by U.S. Retail Coffee at 46% 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 J. M. Smucker Makes Money: 2026 Visual Revenue Map

J. M. Smucker (SJM) Income Statement Flow — TTM through Q2 2026

Calculated from the four most recent reported quarters, ending April 30, 2026 (reported June 9, 2026).

J. M. Smucker discloses geographic revenue only in annual filings. to view the full breakdown.

J. M. Smucker (SJM) 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 J. M. Smucker (SJM), TTM through Q2 2026.
Segment	Revenue (USD)	% of total
U.S. Retail Coffee	$4.16B	46%
U.S. Retail Consumer Foods	$2.05B	22.6%
U.S. Retail Pet Foods	$1.77B	19.5%
Sweet Baked Snacks	$1.07B	11.9%
Total	$9.05B	100%

U.S. Retail Coffee$4.16B
U.S. Retail Consumer Foods$2.05B
U.S. Retail Pet Foods$1.77B
Sweet Baked Snacks$1.07B
Total$9.05B

Revenue Breakdown — TTM through Q2 2026

In TTM through Q2 2026, J. M. Smucker (SJM) reports revenue across 4 reportable product segments; the largest segment was U.S. Retail Coffee at 46%, followed by U.S. Retail Consumer Foods (22.6%) and U.S. Retail Pet Foods (19.5%).

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