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Scotts Miracle-Gro SMG Lawn care — Net Sales

Other product segments

Growing media and mulch
$589.5M-1.9%
Controls
$136M+20.2%
Growing media
$56.3M+10.0%
Lighting
$55.9M-48.3%
Other, primarily gardening
$47.7M+3.2%
Roundup® marketing agreement
$43.1M+2.4%
Other, primarily gardening and controls
$34.3M-4.5%
Other, primarily hardware and growing environment
$8M-58.3%

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$576.6M-3.7%

Other financials

Income statement

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Revenue$1.2B+1.1%
Gross profit$367.1M-2.0%
Operating income$169.6M-23.5%
Net income$112.2M-24.7%
EPS (diluted)$1.90-25.2%

Balance sheet

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Cash & equivalents$27.7M-30.1%
Total debt$2.5B+1.3%
Total equity-$208.7M-22.1%
Total assets$3.2B+2.5%

Cash flow

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Operating cash flow$345.6M-23.9%
CapEx$24.5M+45.0%
Free cash flow$321.1M-26.6%

Valuation

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Market cap$3.61B+3.5%
Enterprise value$6.09B+2.8%
P/E9.6×
P/S0.0×

Profitability

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Gross margin32.2%+1.8pp
Operating margin0.3%-0.2pp
Net margin1.6%+0.9pp
FCF margin10.5%-3.4pp

Returns & leverage

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Return on equity-47.6%+65.7pp
Debt / equity25.2×+16.1×
Current ratio1.2×-0.4×

Where this comes from

Reported directly by Scotts Miracle-Gro in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Scotts Miracle-Gro’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:07 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000825542-26-000041
Line itemThree Months Ended / June 27,2026Three Months Ended / June 28,2025Nine Months Ended / June 27,2026Nine Months Ended / June 28,2025
Net sales$1,172.1$1,159.3$2,986.1$2,915.7
Cost of sales805.0784.61,918.51,903.8
Cost of sales—impairment, restructuring and other1.22.02.58.6
Gross margin365.9372.71,065.11,003.3
Operating expenses:
Selling, general and administrative145.6144.8450.7436.2
Impairment, restructuring and other47.0(1.0)51.025.9
Other expense, net3.77.113.715.5

Item 1. Financial Statements (Unaudited)

FAQ

What is Scotts Miracle-Gro's lawn care — net sales?
Scotts Miracle-Gro (SMG) reported lawn care — net sales of $265.2M in Q2 2026.
How has Scotts Miracle-Gro's lawn care — net sales changed year-over-year?
Scotts Miracle-Gro's lawn care — net sales decreased by 1.6% year-over-year, from $269.6M to $265.2M.
What is the long-term trend for Scotts Miracle-Gro's lawn care — net sales?
Over 4 years (2021 to 2025), Scotts Miracle-Gro's lawn care — net sales has grown at a -3.9% compound annual growth rate (CAGR), from $1.16B to $988.6M.
What does lawn care — net sales mean?
This metric represents the total revenue generated from the sale of lawn care products, including fertilizers, grass seed, and related maintenance solutions. It reflects the company's ability to capture market share within the consumer lawn and garden maintenance category through its branded product portfolio. Monitoring this figure helps investors assess demand trends and the effectiveness of distribution strategies with major retail partners.

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