Smithfield Foods, Inc. filed a Form 10-Q with the SEC on October 27, 2026, covering the quarterly and nine-month periods ended September 27, 2026, reporting net income attributable to Smithfield of $89 million for the third quarter and $574 million for the nine-month period.

Key Highlights

  • Third-quarter sales: The company reported sales of $3,437 million for the three months ended September 27, 2026, compared with $3,747 million in the same period a year earlier.
  • Nine-month sales: Sales for the nine months ended September 27, 2026 totaled $10,937 million, down from $11,304 million for the comparable prior-year period.
  • Net income attributable to Smithfield: $574 million for the nine months ended September 27, 2026, compared with $660 million for the nine months ended September 28, 2025.
  • Diluted EPS (nine months): The filing reported diluted net income per common share attributable to Smithfield of $1.45 for the nine months ended September 27, 2026, compared with $1.68 for the same period in 2025.
  • Dividend declared: A dividend of $0.3125 per share was declared in the third quarter ended September 27, 2026.
  • Shares outstanding: As of October 25, 2026, the company had 393,800,826 shares of common stock outstanding.
  • Total assets: Total assets stood at $12,152 million as of September 27, 2026, compared with $12,177 million as of December 28, 2025.

Smithfield Foods Reports Lower Sales and Earnings for the First Nine Months of Fiscal 2026

Smithfield Foods, Inc. (NASDAQ:SFD), the Virginia-based meat processing company, reported third-quarter and year-to-date financial results in its Form 10-Q filed October 27, 2026. According to the filing, third-quarter operating profit declined to $127 million from $310 million in the prior-year quarter, while nine-month operating profit came in at $750 million compared with $892 million for the nine months ended September 28, 2025. Gross profit for the third quarter was $313 million, down from $479 million in the year-earlier period.

The filing disclosed that net cash flows from operating activities for the nine months ended September 27, 2026 were $365 million, compared with $121 million for the same period in 2025. Capital expenditures totaled $281 million for the nine-month period, up from $246 million in the prior-year period. The company paid $384 million in dividends during the nine months ended September 27, 2026, compared with $297 million in the same period of 2025. Cash and cash equivalents stood at $1,178 million at the end of the period, down from $1,539 million at December 28, 2025.

On the balance sheet, the filing reported total shareholders' equity of $7,015 million as of September 27, 2026, up from $6,801 million as of December 28, 2025. Long-term debt and finance lease obligations decreased to $1,402 million from $2,000 million at December 28, 2025, while the current portion of long-term debt and finance lease obligations increased to $602 million from $3 million over the same period. Inventories, net, rose to $2,543 million from $2,328 million at the prior fiscal year-end. The company carries goodwill of $1,624 million and intangible assets, net, of $1,256 million as of the quarter-end date.

What Was Disclosed

Smithfield Foods filed its Form 10-Q for the period ended September 27, 2026, disclosing quarterly and nine-month income statements, a balance sheet, cash flow data, and per-share figures. The filing covers financial results for the company's operations as a Virginia-incorporated registrant listed on the Nasdaq Global Select Market.