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THE J. M. SMUCKER COMPANY FY 2026 10-K, explained in plain English

SJM · 10-K for the period ending April 30, 2026, filed June 9, 2026 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$9.1B
Gross margin33.5%
Operating income$360.2M
Net income−$138.7M
Diluted EPS−$1.30
Cash & equivalents— not reported
Total assets$16.2B
Long-term debt$6.5B

Key takeaway

Fiscal 2026 results were dominated by a $961.7 million pre-tax impairment charge tied to the Sweet Baked Snacks (Hostess) reporting unit, causing a net loss for the year.

🔒 4 more takeaways in the full analysis

Beneath the surface

Goodwill and intangibles total $10.9 billion versus total shareholders' equity of only $5.5 billion, meaning intangible asset value is nearly double the equity base, per the filing's own risk disclosure.

🔒 4 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for SJM.

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