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Campbell Soup CPB Q2 2026 earnings

Reported March 11, 2026 · Before market open

Revenue$2.6BMiss by $45.6M
EPS$0.51Miss by $0.06
Revenue estimate$2.6B
EPS estimate$0.57

Next report

Sep 3, 2026 (In 6 days)
Revenue estimate$2.1B
EPS estimate$0.39

Financials

Q2 2026

Income statement

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Revenue$2.6B-4.5%
Gross profit$717.0M-12.5%
Operating income$273.0M-16.5%
Net income$145.0M-16.2%
EPS (diluted)$0.48-17.2%

Balance sheet

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Cash & equivalents$561.0M-32.3%
Total debt$7.2B-7.6%
Total equity$4.0B+2.4%
Total assets$15.3B-3.5%

Cash flow

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Operating cash flow$516.0M+0.8%
CapEx$100.0M-1.0%
Free cash flow$416.0M+1.2%

Valuation & ratios

Valuation

as of 02/01/26
See full
Market cap$8.03B-32.7%
Enterprise value$14.72B-22.4%
P/E14.6×-8.2×
P/S0.8×-0.4×

Profitability

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Gross margin29.3%-1.3pp
Operating margin10.4%+0.3pp
Net margin5.5%+0.3pp
FCF margin6.9%-0.7pp

Returns & leverage

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Return on equity13.9%+0.4pp
Debt / equity1.8×-0.2×
Current ratio1×+0.1×

Segments

By product

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Baked Snacks$995.0M-6.0%
Soup$821.0M-3.3%
Other Simple Meals$580.0M-4.1%
Beverages$168.0M-2.9%

By segment

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Meals & Beverages$1.7B-3.6%
Snacks$914.0M-6.2%

FAQ

When did Campbell Soup report Q2 2026 earnings?
Campbell Soup (CPB) reported Q2 2026 earnings on March 11, 2026 before market open.
What were Campbell Soup's Q2 2026 revenue and EPS?
Campbell Soup reported revenue of $2.6B and eps of $0.51 for Q2 2026.
Did Campbell Soup beat estimates in Q2 2026?
Revenue missed the consensus estimate of $2.6B by $45.6M. EPS missed the consensus estimate of $0.57 by $0.06.
How did Campbell Soup's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 4.5% from $2.7B a year earlier and eps declined 31.1% from $0.74.
Where can I find Campbell Soup's Q2 2026 SEC filings?
You can read the 8-K earnings release (0000016732-26-000004) and the 10-Q periodic report (0000016732-26-000006) directly on SEC EDGAR. The filing index links above go to sec.gov.