CAMPBELL'S Co
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CPB Q2 2026 request
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Income Statement
| Metric | Q2 2026 | Q2 2025 | YoY |
|---|---|---|---|
| Revenue | 2,564 | 2,685 | -4.5% |
Show Product Lines breakouts |
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| Beverages [Member] | 168 | 173 | -2.9% |
| Other Simple Meals [Member] | 580 | 605 | -4.1% |
| Snacks [Member] | 995 | 1,058 | -6.0% |
| Soup [Member] | 821 | 849 | -3.3% |
Show Business Segments breakouts |
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| Meals & Beverages [Member] | 1,650 | 1,711 | -3.6% |
| Snacks [Member] | 914 | 974 | -6.2% |
| Cost of Revenue | 1,847 | 1,866 | -1.0% |
Show Business Segments breakouts |
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| Meals & Beverages [Member] | 1,168 | 1,168 | 0.0% |
| Snacks [Member] | 686 | 704 | -2.6% |
Show Equity Components breakouts |
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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% |
| Sales & Marketing | 252 | 256 | -1.6% |
| General & Administrative | 160 | 165 | -3.0% |
| Research And Development Expense Excluding Acquired In Process Cost | 22 | 25 | -12.0% |
| Other Non-Operating Income (Expense) | 7 | 41 | -82.9% |
| Restructuring Charges | 3 | 5 | -40.0% |
Show Restructuring Plan breakouts |
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| 2025 Initiatives | 3 | 5 | -40.0% |
| Total Costs & Expenses | 2,291 | 2,358 | -2.8% |
| Operating Income | 273 | 327 | -16.5% |
| Interest Expense | 82 | 88 | -6.8% |
Show Equity Components breakouts |
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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 | — | — |
| Interest Income | 2 | 8 | -75.0% |
| Income Before Taxes | 193 | 247 | -21.9% |
| Income Tax Expense (Benefit) | 48 | 74 | -35.1% |
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| Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income | -1 | — | — |
| Net Income | 145 | 173 | -16.2% |
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| Retained Earnings | 145 | 173 | -16.2% |
| Net Income | 145 | 173 | -16.2% |
Show Equity Components breakouts |
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| Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income | -1 | 1 | -200.0% |
| EPS (Basic) | 0.49 | 0.58 | -15.5% |
| Wtd Avg Shares (Basic) | 298 | 298 | 0.0% |
| EPS (Diluted) | 0.48 | 0.58 | -17.2% |
| Wtd Avg Shares (Diluted) | 299 | 299 | 0.0% |
| Comprehensive Income | 148 | 170 | -12.9% |
| 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 | 561 | 829 | -32.3% |
| Receivables Net Current | 671 | 711 | -5.6% |
| Inventory | 1,360 | 1,288 | +5.6% |
| Other Assets Current | 138 | 118 | +16.9% |
| Total Current Assets | 2,730 | 3,181 | -14.2% |
| Non-Current Assets | |||
| Property, Plant & Equipment | 2,751 | 2,637 | +4.3% |
| Goodwill | 4,992 | — | — |
Show Business Segments breakouts |
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| Meals & Beverages [Member] | 2,038 | — | — |
| Snacks [Member] | 2,954 | — | — |
| Other Non-Current Assets | 540 | 569 | -5.1% |
| Total Assets | 15,348 | 15,910 | -3.5% |
| Operating Lease Right-of-Use Assets | 304 | 335 | -9.3% |
| Intangible Assets | 657 | 707 | -7.1% |
Show Finite Lived Intangible Assets By Major Class breakouts |
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| Customer Relationships | 655 | 705 | -7.1% |
| Trademarks | 2 | 2 | 0.0% |
| Other Assets | |||
| Intangible Assets Net Excluding Goodwill | 4,335 | 4,535 | -4.4% |
| Current Liabilities | |||
| Debt Current | 428 | 1,179 | -63.7% |
| Accounts Payable | 1,429 | 1,356 | +5.4% |
| Accrued Liabilities | 712 | 705 | +1.0% |
| Dividends Payable Current | 118 | 119 | -0.8% |
| Accrued Income Taxes Current | 3 | — | — |
| Total Current Liabilities | 2,690 | 3,413 | -21.2% |
| Non-Current Liabilities | |||
| Deferred Tax Liabilities | 1,393 | 1,413 | -1.4% |
| Other Non-Current Liabilities | 611 | 676 | -9.6% |
| Total Liabilities | 11,341 | 11,998 | -5.5% |
| Operating Lease Liabilities | 241 | 271 | -11.1% |
| Other Liabilities | |||
| Long Term Debt And Capital Lease Obligations | 6,647 | 6,496 | +2.3% |
| Stockholders' Equity | |||
| Common Stock | 12 | 12 | 0.0% |
| Additional Paid In Capital Common Stock | 396 | 406 | -2.5% |
| Retained Earnings | 4,796 | 4,716 | +1.7% |
| Treasury Stock Common Value | -1,188 | -1,208 | +1.7% |
| Accumulated Other Comprehensive Income | -11 | — | — |
| Total Stockholders' Equity | 4,005 | 3,910 | +2.4% |
| Minority Interest | 2 | 2 | 0.0% |
| Stockholders Equity Including Portion Attributable To Noncontrolling Interest | 4,007 | 3,912 | +2.4% |
Show Equity Components breakouts |
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| Accumulated Defined Benefit Plans Adjustment Net Prior Service Cost Credit | 7 | 7 | 0.0% |
| Accumulated Gain Loss Net Cash Flow Hedge Parent | -10 | -6 | -66.7% |
| Accumulated Other Comprehensive Income | -11 | -16 | +31.2% |
| Accumulated Translation Adjustment | -8 | -17 | +52.9% |
| Additional Paid In Capital | 396 | 406 | -2.5% |
| Common Stock | 12 | 12 | 0.0% |
| Noncontrolling Interest | 2 | 2 | 0.0% |
| Retained Earnings | 4,796 | 4,716 | +1.7% |
| Treasury Stock Common | -1,188 | -1,208 | +1.7% |
| Total Liabilities & Equity | 15,348 | 15,910 | -3.5% |
| Preferred Stock Shares Authorized | 40 | 40 | 0.0% |
| Common Stock Par Or Stated Value Per Share | 0.04 | 0.04 | 0.0% |
| Common Stock Shares Authorized | 560 | 560 | 0.0% |
| Common Stock Shares Issued | 323 | 323 | 0.0% |
Cash Flow Statement
| Metric | YTD Q2 2026 | YTD Q2 2025 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Stock-Based Compensation | 33 | 36 | -8.3% |
| Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash | -2 | 2 | -200.0% |
| Depreciation & Amortization | 201 | 219 | -8.2% |
Show Business Segments breakouts |
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| Corporate And Other | 12 | 11 | +9.1% |
| Meals & Beverages [Member] | 82 | 90 | -8.9% |
| Snacks [Member] | 107 | 118 | -9.3% |
| Deferred Income Taxes And Tax Credits | 40 | 5 | +700.0% |
| Other Non-Cash Items | 63 | 67 | -6.0% |
| Increase Decrease In Accounts And Other Receivables | -94 | -94 | 0.0% |
| Change in Inventory | 64 | 52 | +23.1% |
| Increase Decrease In Other Current Assets | -30 | -24 | -25.0% |
| Increase Decrease In Accounts Payable And Accrued Liabilities | 137 | 40 | +242.5% |
| Other Operating Activities Cash Flow Statement | -17 | -19 | +10.5% |
| Net Cash from Operations | 740 | 737 | +0.4% |
| Investing Activities | |||
| Capital Expenditures | -227 | -211 | -7.6% |
| Payments To Acquire Intangible Assets | -56 | -90 | +37.8% |
| Proceeds From Sale Of Intangible Assets | 45 | 61 | -26.2% |
| Proceeds From Divestiture Of Businesses | 5 | 70 | -92.9% |
| Other Investing Activities | -1 | -5 | +80.0% |
| Net Cash from Investing | -234 | -175 | -33.7% |
| Financing Activities | |||
| Proceeds From Short Term Debt | 1,039 | 663 | +56.7% |
| Repayments Of Short Term Debt | -1,387 | -925 | -49.9% |
| Proceeds From Issuance Of Long Term Debt | 549 | 1,144 | -52.0% |
| Payments Of Dividends Common Stock | -237 | -227 | -4.4% |
| Share Repurchases | -26 | -56 | +53.6% |
| Tax Withholding for Share Compensation | -11 | -28 | +60.7% |
| Debt Issuance Costs | -5 | -11 | +54.5% |
| Net Cash from Financing | -78 | 160 | -148.8% |
| Other Cash Flow | |||
| Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 1 | -1 | +200.0% |
| Net Change in Cash | 429 | 721 | -40.5% |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 561 | 829 | -32.3% |
Values in millions USD. Source: SEC EDGAR 10-Q filing.