Hershey Financial Statements
NYSE: HSYConsumer StaplesSpecialty FoodsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Hershey revenue and earnings
In fiscal 2025, Hershey generated $11.69 billion in revenue, up 4.4% from fiscal 2024, its 10th consecutive year of revenue growth. Net income was $883.3 million (-60.2% year over year), for a net margin of 7.6% versus a median of 16.5% in the prior 5 years. Gross margin was 33.5% (down from 47.3%) and operating margin 12.3%.
Over the last 5 fiscal years, HSY's revenue has grown at a 7.5% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Hershey income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11.69B | 11.20B | 11.16B | 10.42B | 8.97B | 8.15B | 7.99B | 7.79B | 7.52B | 7.44B |
| Revenue growth (YoY) | +4.38% | +0.33% | +7.16% | +16.14% | +10.08% | +2.05% | +2.51% | +3.67% | +1.01% | +0.73% |
| Cost of Revenue | 7.77B | 5.90B | 6.17B | 5.92B | 4.92B | 4.45B | 4.36B | 4.22B | 4.06B | 4.27B |
| Gross Profit | 3.92B | 5.30B | 5.00B | 4.50B | 4.05B | 3.70B | 3.62B | 3.58B | 3.46B | 3.17B |
| Operating Expenses | 2.48B | 2.40B | 2.44B | 2.24B | 2.00B | 1.92B | 2.03B | 1.95B | 2.14B | 1.91B |
| Research & Development | 61.66M | 55.80M | 50.03M | 46.94M | 40.11M | 37.58M | 37.15M | 38.52M | 45.85M | 47.27M |
| Selling, General & Admin | 2.46B | 2.37B | 2.44B | 2.24B | 2.00B | 1.89B | 1.91B | 1.87B | 1.89B | 1.89B |
| Operating Income | 1.44B | 2.90B | 2.56B | 2.26B | 2.04B | 1.78B | 1.60B | 1.62B | 1.31B | 1.26B |
| Interest Expense | 224.81M | 174.32M | 161.51M | 140.09M | 129.85M | 153.47M | 152.12M | 146.86M | 100.07M | 91.95M |
| Other Income (Expense) | -37.11M | -258.64M | -237.22M | -206.16M | -119.08M | -138.33M | -71.04M | -74.77M | -104.46M | -65.55M |
| Pretax Income | 1.21B | 2.47B | 2.17B | 1.92B | 1.80B | 1.49B | 1.38B | 1.41B | 1.11B | 1.10B |
| Income Tax | 330.95M | 252.70M | 310.08M | 272.25M | 314.40M | 219.58M | 234.03M | 239.01M | 354.13M | 379.44M |
| Net Income | 883.26M | 2.22B | 1.86B | 1.64B | 1.48B | 1.28B | 1.15B | 1.18B | 782.98M | 720.04M |
| Net Income growth (YoY) | -60.24% | +19.31% | +13.19% | +11.32% | +15.55% | +11.22% | -2.37% | +50.39% | +8.74% | +40.37% |
| EBITDA | 1.95B | 3.35B | 2.98B | 2.64B | 2.36B | 2.08B | 1.89B | 1.92B | 1.58B | 1.56B |
| Gross Margin | 33.55% | 47.32% | 44.76% | 43.18% | 45.13% | 45.42% | 45.36% | 45.89% | 45.98% | 42.60% |
| Operating Margin | 12.33% | 25.87% | 22.94% | 21.70% | 22.78% | 21.87% | 19.98% | 20.84% | 17.48% | 16.87% |
| Net Margin | 7.55% | 19.83% | 16.68% | 15.79% | 16.47% | 15.69% | 14.40% | 15.11% | 10.42% | 9.68% |
This table shows 10 annual periods of Hershey's income statement, from FY 2025 back to FY 2016, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow HSY's reporting calendar. What is a income statement?