CPB FY 2025 Earnings Report — Campbell Soup Company Revenue & Financial Results | Market Cap Arena

Campbell Soup CompanyCPB

FY 2025 Earnings

Reported September 18, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$10.3B	—	$9.6B	—	6.4%
Op. Income	$1.4B	—	$1.2B	—	10.4%
Gross Margin	30.4%	—	30.8%	—	-0.4pp
Net Margin	5.9%	—	5.9%	—	-0.0pp
EPS (Diluted)	$2.01	—	$1.89	—	6.3%
Free Cash Flow	$705M	—	$668M	—	5.5%

Revenue Flow

Item	Amount
REVENUE	$10.3B
Cost of Revenue	$7.1B
GROSS PROFIT	$3.1B
R&D Expenses	$100M
Selling & Marketing	$924M
General & Administrative	$674M
SG&A Expenses	$1.6B
Other Expenses	$68M
Operating Expenses	$1.8B
Cost & Expenses	$8.9B
OPERATING INCOME	$1.4B
Interest Income	$17M
Interest Expense	$345M
Other Income/Expenses	-$557M
INCOME BEFORE TAX	$796M
Income Tax Expense	$194M
Net Income from Continuing Ops	$602M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$602M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$602M
D&A	$434M
EBIT	$1.1B
EBITDA	$1.6B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$10.3B
Cost of Revenue	$7.1B
GROSS PROFIT	$3.1B
R&D Expenses	$100M
Selling & Marketing	$924M
General & Administrative	$674M
SG&A Expenses	$1.6B
Other Expenses	$68M
Operating Expenses	$1.8B
Cost & Expenses	$8.9B
OPERATING INCOME	$1.4B
Interest Income	$17M
Interest Expense	$345M
Other Income/Expenses	-$557M
INCOME BEFORE TAX	$796M
Income Tax Expense	$194M
Net Income from Continuing Ops	$602M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$602M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$602M
D&A	$434M
EBIT	$1.1B
EBITDA	$1.6B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$602M
Depreciation & Amortization	$434M
Stock-Based Compensation	$57M
Deferred Income Tax	-$54M
Other Non-Cash Items	$327M
Change in Working Capital	-$235M
OPERATING CASH FLOW	$1.1B
Capital Expenditure	-$426M
Acquisitions (Net)	$235M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$4M
NET CASH FROM INVESTING	-$187M
Net Debt Issuance	-$356M
Common Stock Repurchased	-$62M
Common Dividends Paid	-$459M
Other Financing Activities	-$42M
NET CASH FROM FINANCING	-$919M
FREE CASH FLOW	$705M
Net Change in Cash	$24M

Balance Sheet

Item	Amount
Cash & Equivalents	$132M
Short-Term Investments	$0
Net Receivables	$583M
Inventory	$1.4B
Other Current Assets	$93M
TOTAL CURRENT ASSETS	$2.2B
PP&E (Net)	$3.1B
Goodwill	$5.0B
Intangible Assets	$4.4B
Long-Term Investments	$5M
Tax Assets	$0
Other Non-Current Assets	$219M
TOTAL NON-CURRENT ASSETS	$12.7B
TOTAL ASSETS	$14.9B
Account Payables	$1.3B
Short-Term Debt	$730M
Deferred Revenue	$0
Other Current Liabilities	$203M
TOTAL CURRENT LIABILITIES	$2.9B
Long-Term Debt	$6.1B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$1.4B
Other Non-Current Liabilities	$379M
TOTAL NON-CURRENT LIABILITIES	$8.1B
TOTAL LIABILITIES	$11.0B
Common Stock	$12M
Additional Paid-In Capital	$418M
Retained Earnings	$4.7B
Treasury Stock	-$1.2B
Accum. Other Comp. Income	-$15M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.9B
Minority Interest	$2M
TOTAL EQUITY	$3.9B
TOTAL LIABILITIES & EQUITY	$14.9B
Total Debt	$7.2B
Net Debt	$7.1B