McCormick Quarterly Income Statement
NYSE: MKCConsumer StaplesPackaged FoodsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
McCormick revenue and earnings
In the quarter ended Aug 31, 2026, McCormick generated $2.02 billion in revenue, up 17.4% from the same quarter a year earlier. Net income was $97.6 million (-56.7% year over year), for a net margin of 4.8% versus a median of 12.2% in the prior 5 quarters. Gross margin was 39.3% (up from 37.4%) and operating margin 10.7%.
Diluted earnings per share came in at $0.36, down from $0.84.
Summary generated from market data by MetaCap's automated system. Methodology
McCormick income statement (quarterly)
| Quarter (USD) | Q3 20262026-08-31 | Q2 20262026-05-31 | Q1 20262026-02-28 | Q4 20252025-11-30 | Q3 20252025-08-31 | Q2 20252025-05-31 | Q1 20252025-02-28 | Q4 20242024-11-30 | Q3 20242024-08-31 | Q2 20242024-05-31 | Q1 20242024-02-29 | Q4 20232023-11-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.02B | 1.94B | 1.87B | 1.85B | 1.72B | 1.66B | 1.61B | 1.80B | 1.68B | 1.64B | 1.60B | 1.75B |
| Revenue growth (YoY) | +17.39% | +16.70% | +16.72% | +2.91% | +2.68% | +0.99% | +0.17% | +2.58% | -0.29% | -0.96% | +2.38% | +3.37% |
| Cost of Revenue | 1.23B | 1.16B | 1.17B | 1.13B | 1.08B | 1.04B | 1.00B | 1.08B | 1.03B | 1.02B | 1.00B | 1.05B |
| Gross Profit | 794.90M | 778.20M | 708.90M | 720.30M | 645.10M | 622.80M | 604.00M | 722.20M | 649.90M | 619.60M | 599.30M | 701.30M |
| Operating Expenses | 577.90M | 501.80M | 481.40M | 409.20M | 356.40M | 377.00M | 378.80M | 416.00M | 363.40M | 385.50M | 365.80M | 404.10M |
| Selling, General & Admin | 436.40M | 441.80M | 456.30M | 404.80M | 352.50M | 364.20M | 378.80M | 414.40M | 361.50M | 383.70M | 361.60M | 390.00M |
| Operating Income | 217.00M | 276.40M | 227.50M | 311.10M | 288.70M | 245.80M | 225.20M | 306.20M | 286.50M | 234.10M | 233.50M | 297.20M |
| Interest Expense | 68.40M | 62.70M | 47.30M | 46.50M | 50.20M | 51.00M | 48.50M | 52.70M | 53.50M | 52.90M | 50.30M | 52.70M |
| Other Income (Expense) | 5.90M | 6.50M | 4.80M | 9.40M | 9.40M | 9.80M | 9.80M | 10.70M | 13.20M | 12.40M | 11.10M | 13.20M |
| Pretax Income | 154.50M | 220.20M | 185.00M | 274.00M | 247.90M | 204.60M | 186.50M | 264.20M | 246.20M | 193.60M | 194.30M | 257.70M |
| Income Tax | 49.90M | 63.50M | 48.70M | 65.60M | 39.30M | 49.30M | 41.60M | 67.20M | 41.00M | 26.20M | 49.60M | 57.10M |
| Net Income | 97.60M | 150.10M | 1.02B | 226.60M | 225.50M | 175.00M | 162.30M | 215.20M | 223.10M | 184.20M | 166.00M | 219.30M |
| Net Income growth (YoY) | -56.72% | -14.23% | +526.12% | +5.30% | +1.08% | -4.99% | -2.23% | -1.87% | +31.16% | +21.10% | +19.34% | +18.09% |
| EPS (Basic) | 0.36 | 0.56 | 3.78 | 0.85 | 0.84 | 0.65 | 0.60 | 0.80 | 0.83 | 0.69 | 0.62 | 0.82 |
| EPS (Diluted) | 0.36 | 0.56 | 3.77 | 0.84 | 0.84 | 0.65 | 0.60 | 0.79 | 0.83 | 0.68 | 0.62 | 0.81 |
| Shares Outstanding (Basic) | 269.30M | 269.20M | 268.80M | — | 268.60M | 268.60M | 268.30M | — | 268.60M | 268.60M | 268.40M | — |
| Shares Outstanding (Diluted) | 269.40M | 269.20M | 269.40M | — | 269.30M | 269.40M | 269.50M | — | 269.70M | 269.70M | 269.60M | — |
| EBITDA | 293.60M | 349.90M | 290.50M | 370.30M | 349.90M | 302.90M | 279.00M | 357.50M | 341.10M | 291.20M | 279.30M | 346.10M |
| Gross Margin | 39.26% | 40.18% | 37.83% | 38.93% | 37.40% | 37.53% | 37.62% | 40.17% | 38.69% | 37.71% | 37.39% | 40.01% |
| Operating Margin | 10.72% | 14.27% | 12.14% | 16.81% | 16.74% | 14.81% | 14.03% | 17.03% | 17.06% | 14.25% | 14.57% | 16.96% |
| Net Margin | 4.82% | 7.75% | 54.23% | 12.25% | 13.07% | 10.55% | 10.11% | 11.97% | 13.28% | 11.21% | 10.36% | 12.51% |
This table shows 12 quarterly periods of McCormick's income statement, from Q3 2026 back to Q4 2023, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow MKC's reporting calendar. What is a income statement?