The Scotts Miracle-Gro Company (SMG) quarterly income statement — complete revenue, gross profit & net income history
The Scotts Miracle-Gro Company (SMG) annual income statement — 30-year revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 1.17B | 1.46B | 354.4M | 387.4M | 1.19B | 1.42B | 416.8M | 414.7M | 1.2B | 1.53B | 410.4M | 374.5M | 1.12B | 1.53B | 526.6M | 493.7M | 1.19B | 1.68B | 566M | 737.8M |
| Revenue Growth % | -1.34% | 2.71% | -14.97% | -6.58% | -1.18% | -6.84% | 1.56% | 10.73% | 7.46% | -0.4% | -22.07% | -24.14% | -5.68% | -8.75% | -6.96% | -33.08% | -26.32% | -8.22% | -24.39% | -17.13% |
| Cost of Goods Sold | 806.2M | 849M | 265.7M | 363.9M | 810M | 873.1M | 322M | 444.2M | 848.1M | 1.06B | 348.2M | 431.5M | 912.8M | 1.12B | 430.9M | 564.5M | 949.5M | 1.09B | 447.3M | 611.6M |
| COGS % of Revenue | 68.78% | 58.17% | 74.97% | 93.93% | 68.18% | 61.44% | 77.26% | 107.11% | 70.55% | 69.6% | 84.84% | 115.22% | 81.59% | 73.05% | 81.83% | 114.34% | 80.05% | 64.94% | 79.03% | 82.9% |
| Gross Profit | 365.9M | 610.5M | 88.7M | 23.5M | 378M | 547.9M | 94.8M | -29.5M | 354.1M | 463.7M | 62.2M | -57M | 205.9M | 412.7M | 95.7M | -70.8M | 236.6M | 588.4M | 118.7M | 126.2M |
| Gross Margin % | 31.22% | 41.83% | 25.03% | 6.07% | 31.82% | 38.56% | 22.74% | -7.11% | 29.45% | 30.4% | 15.16% | -15.22% | 18.41% | 26.95% | 18.17% | -14.34% | 19.95% | 35.06% | 20.97% | 17.1% |
| Gross Profit Growth % | -3.2% | 11.43% | -6.43% | 179.66% | 6.75% | 18.16% | 52.41% | 48.25% | 71.98% | 12.36% | -35.01% | 19.49% | -12.98% | -29.86% | -19.38% | -156.1% | -52.16% | -10.51% | -37.79% | -41.55% |
| Operating Expenses | 196.3M | 199.2M | 104.7M | 173.6M | 163M | 203.2M | 145.8M | 186.6M | 154M | 191.6M | 109.5M | 359.1M | 128.6M | 206.5M | 137.5M | 153.1M | 799.1M | 200.5M | 154.1M | 163.4M |
| OpEx % of Revenue | 16.75% | 13.65% | 29.54% | 44.81% | 13.72% | 14.3% | 34.98% | 45% | 12.81% | 12.56% | 26.68% | 95.89% | 11.5% | 13.48% | 26.11% | 31.01% | 67.37% | 11.95% | 27.23% | 22.15% |
| Selling, General & Admin | 145.6M | 173.1M | 95.5M | 125M | 141.4M | 176.2M | 114.2M | 104.7M | 135.8M | 167M | 102.9M | 94.8M | 113.5M | 172.3M | 112.5M | 101.4M | 117.7M | 183.4M | 134.2M | 140.5M |
| SG&A % of Revenue | 12.42% | 11.86% | 26.95% | 32.27% | 11.9% | 12.4% | 27.4% | 25.25% | 11.3% | 10.95% | 25.07% | 25.31% | 10.15% | 11.25% | 21.36% | 20.54% | 9.92% | 10.93% | 23.71% | 19.04% |
| Research & Development | 0 | 7.3M | 0 | 9.1M | 9M | 9.1M | 7.6M | 9.4M | 8.6M | 8.2M | 8.4M | 9.5M | 9M | 8.3M | 8.9M | 10M | 10.4M | 12.4M | 12.5M | 13.4M |
| R&D % of Revenue | - | 0.5% | - | 2.35% | 0.76% | 0.64% | 1.82% | 2.27% | 0.72% | 0.54% | 2.05% | 2.54% | 0.8% | 0.54% | 1.69% | 2.03% | 0.88% | 0.74% | 2.21% | 1.82% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 169.6M | 411.3M | -16M | -150.1M | 215M | 344.7M | -51M | -216.1M | 200.1M | 272.1M | -47.3M | -416.1M | 77.3M | 206.2M | -41.8M | -223.9M | -562.5M | 387.9M | -35.4M | -37.2M |
| Operating Margin % | 14.47% | 28.18% | -4.51% | -38.75% | 18.1% | 24.26% | -12.24% | -52.11% | 16.64% | 17.84% | -11.53% | -111.11% | 6.91% | 13.46% | -7.94% | -45.35% | -47.42% | 23.11% | -6.25% | -5.04% |
| Operating Income Growth % | -21.12% | 19.32% | 68.63% | 30.54% | 7.45% | 26.68% | -7.82% | 48.07% | 158.86% | 31.96% | -13.16% | -85.84% | 113.74% | -46.84% | -18.08% | -501.88% | -286.2% | -8.54% | -204.12% | -487.5% |
| EBITDA | 170.3M | 427.4M | -200K | -131.6M | 233.6M | 363.7M | -32.1M | -196.1M | 220.5M | 292.2M | -27.2M | -394M | 100M | 228.7M | -16.6M | -197.5M | -535.4M | 414.7M | -10.5M | -13.4M |
| EBITDA Margin % | 14.53% | 29.28% | -0.06% | -33.97% | 19.66% | 25.59% | -7.7% | -47.29% | 18.34% | 19.16% | -6.63% | -105.21% | 8.94% | 14.93% | -3.15% | -40% | -45.14% | 24.71% | -1.86% | -1.82% |
| EBITDA Growth % | -27.1% | 17.51% | 99.38% | 32.89% | 5.94% | 24.47% | -18.01% | 50.23% | 120.5% | 27.77% | -63.86% | -99.49% | 118.68% | -44.85% | -58.1% | -1373.88% | -264.43% | -7.33% | -118.39% | -137.96% |
| D&A (Non-Cash Add-back) | 700K | 16.1M | 15.8M | 18.5M | 18.6M | 19M | 18.9M | 20M | 20.4M | 20.1M | 20.1M | 22.1M | 22.7M | 22.5M | 25.2M | 26.4M | 27.1M | 26.8M | 24.9M | 23.8M |
| EBIT | 156M | 396.2M | -36.1M | -163.8M | 239.1M | 337.5M | -62.2M | -279M | 221.8M | 263.9M | -71.4M | -520.6M | 99.1M | 198.1M | -51.6M | -236.6M | -545.7M | 383.3M | -40.9M | -41.5M |
| Net Interest Income | -28M | -31.3M | -27.2M | -26.8M | -31.8M | -36.6M | -33.7M | -33.2M | -38.8M | -44.1M | -42.8M | -40M | -47.1M | -48.3M | -42.7M | -35M | -31M | -28.3M | -23.8M | -21.6M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -100K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 28M | 31.3M | 27.2M | 26.8M | 31.7M | 36.6M | 33.7M | 33.1M | 38.8M | 44.1M | 42.8M | 40M | 47.1M | 48.3M | 42.7M | 35M | 31M | 28.3M | 23.8M | 21.6M |
| Other Income/Expense | -14.4M | -46.4M | -47.3M | -40.5M | -7.7M | -43.8M | -44.9M | -96.1M | -17.1M | -52.3M | -66.9M | -144.5M | -25.3M | -56.4M | -52.5M | -47.7M | -14.2M | -32.9M | -29.3M | -25.9M |
| Pretax Income | 155.2M | 364.9M | -63.3M | -190.6M | 207.3M | 300.9M | -95.9M | -312.2M | 183M | 219.8M | -114.2M | -560.6M | 52M | 149.8M | -94.3M | -271.6M | -576.7M | 355M | -64.7M | -63.1M |
| Pretax Margin % | 13.24% | 25% | -17.86% | -49.2% | 17.45% | 21.18% | -23.01% | -75.28% | 15.22% | 14.41% | -27.83% | -149.69% | 4.65% | 9.78% | -17.91% | -55.01% | -48.62% | 21.15% | -11.43% | -8.55% |
| Income Tax | 51.6M | 101.6M | -15.5M | -38.8M | 58.2M | 83.4M | -26.4M | -68.2M | 50.9M | 62.3M | -33.7M | -92.2M | 8.3M | 40.4M | -29.6M | -51.6M | -132.8M | 78.5M | -14.7M | -14.4M |
| Effective Tax Rate % | 33.25% | 27.84% | 24.49% | 20.36% | 28.08% | 27.72% | 27.53% | 21.84% | 27.81% | 28.34% | 29.51% | 16.45% | 15.96% | 26.97% | 31.39% | 19% | 23.03% | 22.11% | 22.72% | 22.82% |
| Net Income | 112.2M | 238.6M | -125M | -151.8M | 149.1M | 217.5M | -69.5M | -244M | 132.1M | 157.5M | -80.5M | -468.4M | 43.7M | 109.4M | -64.7M | -220M | -443.9M | 276.5M | -50M | -47.9M |
| Net Margin % | 9.57% | 16.35% | -35.27% | -39.18% | 12.55% | 15.31% | -16.67% | -58.84% | 10.99% | 10.33% | -19.61% | -125.07% | 3.91% | 7.14% | -12.29% | -44.56% | -37.43% | 16.47% | -8.83% | -6.49% |
| Net Income Growth % | -24.75% | 9.7% | -79.86% | 37.79% | 12.87% | 38.1% | 13.66% | 47.91% | 202.29% | 43.97% | -24.42% | -112.91% | 109.84% | -60.43% | -29.4% | -359.29% | -296.5% | -10.81% | -304.92% | -1328.21% |
| Net Income (Continuing) | 103.6M | 263.3M | -47.8M | -151.8M | 149.1M | 217.5M | -69.5M | -244M | 132.1M | 157.5M | -80.5M | -468.4M | 43.7M | 109.4M | -64.7M | -220M | -443.9M | 276.5M | -50M | -48.7M |
| Discontinued Operations | 1000K | -1000K | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 800K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.90 | 4.04 | -2.16 | -2.63 | 2.54 | 3.72 | -1.21 | -4.29 | 2.28 | 2.74 | -1.42 | -8.33 | 0.77 | 1.94 | -1.17 | -3.97 | -8.01 | 4.94 | -0.90 | -0.84 |
| EPS Growth % | -25.2% | 8.6% | -78.51% | 38.69% | 11.4% | 35.77% | 14.79% | 48.5% | 196.1% | 41.24% | -21.37% | -109.82% | 109.61% | -60.73% | -30% | -372.62% | -303.3% | -9.02% | -309.3% | -1300% |
| EPS (Basic) | 1.93 | 4.11 | -2.16 | -2.63 | 2.58 | 3.78 | -1.21 | -4.29 | 2.33 | 2.77 | -1.42 | -8.33 | 0.78 | 1.95 | -1.17 | -3.97 | -8.01 | 4.98 | -0.90 | -0.86 |
| Diluted Shares Outstanding | 59.1M | 59.1M | 57.9M | 57.7M | 58.6M | 58.4M | 57.3M | 56.9M | 58M | 57.4M | 56.7M | 56.2M | 56.6M | 56.5M | 55.5M | 55.5M | 55.4M | 56M | 55.4M | 56.9M |
| Basic Shares Outstanding | 58.1M | 58.1M | 57.9M | 57.7M | 57.5M | 57.5M | 57.3M | 56.9M | 56.8M | 56.8M | 56.7M | 56.2M | 56.2M | 56M | 55.5M | 55.5M | 55.4M | 55.5M | 55.4M | 55.7M |
| Dividend Payout Ratio | 103.65% | 16.55% | - | - | 25.62% | 17.84% | - | - | 28.39% | 24.63% | - | - | 84.9% | 35.01% | - | - | - | 20.29% | - | - |