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R&D at other companies

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$27.05M+245%

Other financials

Income statement

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Revenue$2.4B+3.6%
Gross profit$217.0M+52.8%
Operating income$96.0M+153%
Net income$120.0M+275%
EPS (diluted)$124.24+277%

Balance sheet

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Cash & equivalents$111.0M+27.6%
Total debt$1.3B-1.2%
Total equity$5.3B+12.5%
Total assets$8.4B+10.4%

Cash flow

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Operating cash flow-$54.0M-170%
CapEx$96.0M-11.9%
Free cash flow-$150.0M-16.3%

Valuation

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Market cap$4.59B+107%

Profitability

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Gross margin7.8%+1.0pp
Operating margin3%+0.7pp
Net margin6%+4.9pp
FCF margin-0.2%-0.1pp

Returns & leverage

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Return on equity11.7%+9.6pp
Debt / equity0.3×0.0×
Current ratio2.4×-0.1×

Where this comes from

Reported directly by Seaboard in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Seaboard’s 10-K, filed February 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Seaboard's R&D?
Seaboard (SEB) reported R&D of $16M in Q4 2025.
How has Seaboard's R&D changed year-over-year?
Seaboard's R&D decreased by 43.4% year-over-year, from $28.25M to $16M.
What is the long-term trend for Seaboard's R&D?
Over 4 years (2021 to 2025), Seaboard's R&D has grown at a -23.9% compound annual growth rate (CAGR), from $191M to $64M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.