CAMPBELL'S Co
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CPB Q2 2026 request
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Income Statement
| Metric | Q2 2026 | Q2 2025 | YoY |
|---|---|---|---|
| Revenue (Q) | — | — | — |
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| Baked Snacks | 995 | 1,058 | -6.0% |
| Beverages | 168 | 173 | -2.9% |
| Simple Meals | 580 | 605 | -4.1% |
| Soups | 821 | 849 | -3.3% |
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| Meals Beverages | 1,650 | 1,711 | -3.6% |
| Snacks | 914 | 974 | -6.2% |
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| Revenue | 2,564 | 2,685 | -4.5% |
| Cost of Revenue (Q) | — | — | — |
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| Meals Beverages | 1,168 | 1,168 | 0.0% |
| Snacks | 686 | 704 | -2.6% |
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| Accumulated Gain Loss Net Cash Flow Hedge Parent · Foreign Exchange Contract | 1 | -1 | +200.0% |
| Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income | 1 | -1 | +200.0% |
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| Cost of Revenue | 1,847 | 1,866 | -1.0% |
| Total Costs & Expenses (Q) | — | — | — |
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| Total Costs & Expenses | 2,291 | 2,358 | -2.8% |
| Sales & Marketing (Q) | — | — | — |
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| Sales & Marketing | 252 | 256 | -1.6% |
| General & Administrative (Q) | — | — | — |
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| General & Administrative | 160 | 165 | -3.0% |
| Operating Income (Q) | — | — | — |
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| Operating Income | 273 | 327 | -16.5% |
| Interest Income (Q) | — | — | — |
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| Interest Income | 2 | 8 | -75.0% |
| Other Non-Operating Income (Expense) (Q) | — | — | — |
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| Other Non-Operating Income (Expense) | -7 | -41 | +82.9% |
| Income Before Taxes (Q) | — | — | — |
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| Income Before Taxes | 193 | 247 | -21.9% |
| Income Tax Expense (Benefit) (Q) | — | — | — |
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| Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income | -1 | — | — |
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| Income Tax Expense (Benefit) | 48 | 74 | -35.1% |
| Net Income (Q) | — | — | — |
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| Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income | -1 | 1 | -200.0% |
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| Net Income | 145 | 173 | -16.2% |
| Net Income (Q) | — | — | — |
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| Retained Earnings | 145 | 173 | -16.2% |
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| Net Income | 145 | 173 | -16.2% |
| Comprehensive Income (Q) | — | — | — |
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| Comprehensive Income | 148 | 170 | -12.9% |
| EPS (Basic) (Q) | — | — | — |
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| EPS (Basic) | 0.49 | 0.58 | -15.5% |
| EPS (Diluted) (Q) | — | — | — |
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| EPS (Diluted) | 0.48 | 0.58 | -17.2% |
| Wtd Avg Shares (Basic) (Q) | — | — | — |
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| Wtd Avg Shares (Basic) | 298 | 298 | 0.0% |
| Wtd Avg Shares (Diluted) (Q) | — | — | — |
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| Wtd Avg Shares (Diluted) | 299 | 299 | 0.0% |
| Interest Expense (Q) | — | — | — |
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| Accumulated Gain Loss Net Cash Flow Hedge Parent · Interest Rate Contract | 1 | — | — |
| Accumulated Gain Loss Net Cash Flow Hedge Parent · Interest Rate Swap | 1 | — | — |
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| Interest Expense | 82 | 88 | -6.8% |
| Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax (Q) | — | — | — |
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| Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax | -3 | 3 | -200.0% |
Balance Sheet
| Metric | Q2 2026 | Q2 2025 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents (Q) | — | — | — |
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| Cash & Cash Equivalents | 561 | 829 | -32.3% |
| Inventory (Q) | — | — | — |
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| Inventory | 1,360 | 1,288 | +5.6% |
| Total Current Assets (Q) | — | — | — |
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| Total Current Assets | 2,730 | 3,181 | -14.2% |
| Non-Current Assets | |||
| Property, Plant & Equipment (Q) | — | — | — |
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| Property, Plant & Equipment | 2,751 | 2,637 | +4.3% |
| Operating Lease Right-of-Use Assets (Q) | — | — | — |
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| Operating Lease Right-of-Use Assets | 304 | 335 | -9.3% |
| Goodwill (Q) | — | — | — |
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| Meals Beverages | 2,038 | 2,034 | +0.2% |
| Snacks | 2,954 | 2,954 | 0.0% |
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| Goodwill | 4,992 | 4,988 | +0.1% |
| Intangible Assets (Q) | — | — | — |
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| Intangible Assets | 657 | 707 | -7.1% |
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| Customer Relationships | 655 | 705 | -7.1% |
| Trademarks | 2 | 2 | 0.0% |
| Other Non-Current Assets (Q) | — | — | — |
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| Other Non-Current Assets | 540 | 569 | -5.1% |
| Total Assets (Q) | — | — | — |
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| Total Assets | 15,348 | 15,910 | -3.5% |
| Current Liabilities | |||
| Accounts Payable (Q) | — | — | — |
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| Accounts Payable | 1,429 | 1,356 | +5.4% |
| Accrued Liabilities (Q) | — | — | — |
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| Accrued Liabilities | 712 | 705 | +1.0% |
| Total Current Liabilities (Q) | — | — | — |
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| Total Current Liabilities | 2,690 | 3,413 | -21.2% |
| Debt Current (Q) | — | — | — |
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| Debt Current | 428 | 1,179 | -63.7% |
| Non-Current Liabilities | |||
| Operating Lease Liabilities (Q) | — | — | — |
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| Operating Lease Liabilities | 241 | 271 | -11.1% |
| Deferred Tax Liabilities (Q) | — | — | — |
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| Deferred Tax Liabilities | 1,393 | 1,413 | -1.4% |
| Other Non-Current Liabilities (Q) | — | — | — |
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| Other Non-Current Liabilities | 611 | 676 | -9.6% |
| Total Liabilities (Q) | — | — | — |
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| Total Liabilities | 11,341 | 11,998 | -5.5% |
| Stockholders' Equity | |||
| Common Stock (Q) | — | — | — |
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| Common Stock | 12 | 12 | 0.0% |
| Retained Earnings (Q) | — | — | — |
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| Retained Earnings | 4,796 | 4,716 | +1.7% |
| Accumulated Other Comprehensive Income (Q) | — | — | — |
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| Accumulated Other Comprehensive Income | -11 | -16 | +31.2% |
| Total Stockholders' Equity (Q) | — | — | — |
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| Total Stockholders' Equity | 4,005 | 3,910 | +2.4% |
| Total Liabilities & Equity (Q) | — | — | — |
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| Total Liabilities & Equity | 15,348 | 15,910 | -3.5% |
Cash Flow Statement
| Metric | YTD Q2 2026 | YTD Q2 2025 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Depreciation & Amortization (YTD) | — | — | — |
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| Corporate And Other | 12 | 11 | +9.1% |
| Meals Beverages | 82 | 90 | -8.9% |
| Snacks | 107 | 118 | -9.3% |
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| Depreciation & Amortization | 201 | 219 | -8.2% |
| Stock-Based Compensation (YTD) | — | — | — |
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| Stock-Based Compensation | 33 | 36 | -8.3% |
| Other Non-Cash Items (YTD) | — | — | — |
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| Other Non-Cash Items | -63 | -67 | +6.0% |
| Change in Inventory (YTD) | — | — | — |
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| Change in Inventory | -64 | -52 | -23.1% |
| Net Cash from Operations (YTD) | — | — | — |
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| Net Cash from Operations | 740 | 737 | +0.4% |
| Investing Activities | |||
| Capital Expenditures (YTD) | — | — | — |
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| Capital Expenditures | 227 | 211 | +7.6% |
| Other Investing Activities (YTD) | — | — | — |
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| Other Investing Activities | 1 | 5 | -80.0% |
| Net Cash from Investing (YTD) | — | — | — |
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| Net Cash from Investing | -234 | -175 | -33.7% |
| Financing Activities | |||
| Share Repurchases (YTD) | — | — | — |
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| Share Repurchases | 26 | 56 | -53.6% |
| Tax Withholding for Share Compensation (YTD) | — | — | — |
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| Tax Withholding for Share Compensation | 11 | 28 | -60.7% |
| Debt Issuance Costs (YTD) | — | — | — |
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| Debt Issuance Costs | 5 | 11 | -54.5% |
| Net Cash from Financing (YTD) | — | — | — |
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| Net Cash from Financing | -78 | 160 | -148.8% |
| Other Cash Flow | |||
| Net Change in Cash (YTD) | — | — | — |
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| Net Change in Cash | 429 | 721 | -40.5% |
Values in millions USD. Source: SEC EDGAR 10-Q filing.