The Hershey revenue and financials
$161.01Change from previous close: +0.51%Absolute change: +$0.82
In the fiscal year ended December 2025, The Hershey reported revenue of $11.69B (+4.38% year over year). Net income was $883.26M, a net margin of 7.6%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +4.38%
- 2025 vs 2024
- Net income growth
- −60.24%
- 2025 vs 2024
- Net margin
- 7.6%
- 2024: 19.8%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 11,693 | 11,202 | 11,165 | 10,419 | 8,971 | 8,150 | 7,986 | 7,791 | 7,515 | 7,440 |
| Cost of revenue | 7,770 | 5,901 | 6,167 | 5,921 | 4,923 | 4,448 | 4,364 | 4,216 | 4,060 | 4,271 |
| Gross profit | 3,923 | 5,301 | 4,998 | 4,499 | 4,049 | 3,701 | 3,622 | 3,575 | 3,455 | 3,170 |
| Selling, general and administrative | 2,390 | 2,263 | 2,412 | 2,205 | 1,959 | — | — | — | — | — |
| Research and development | 61.7 | 55.8 | 50.0 | 46.9 | 40.1 | 37.6 | 37.1 | 38.5 | 45.9 | 47.3 |
| Operating income | 1,442 | 2,898 | 2,561 | 2,261 | 2,044 | 1,783 | 1,596 | 1,624 | 1,313 | 1,255 |
| EBIT | 1,471 | 2,993 | 2,536 | 2,247 | 2,055 | — | — | — | — | — |
| EBITDA | 1,975 | 3,448 | 2,956 | 2,626 | 2,370 | — | — | — | — | — |
| Interest expense | 225 | 174 | 162 | 140 | 130 | 153 | 152 | 147 | 100 | 91.9 |
| Pre-tax income | 1,214 | 2,474 | 2,172 | 1,917 | 1,797 | — | — | — | — | — |
| Income tax | 331 | 253 | 310 | 272 | 314 | 220 | 234 | 239 | 354 | 379 |
| Net income | 883 | 2,221 | 1,862 | 1,645 | 1,478 | 1,279 | 1,150 | 1,178 | 783 | 720 |
| Net income to common shareholders | 883 | 2,221 | 1,862 | 1,645 | 1,478 | — | — | — | — | — |
| Basic EPS | 4.35 | 10.94 | 9.09 | 8.00 | 7.15 | — | — | — | — | — |
| Diluted EPS | 4.34 | 10.92 | 9.06 | 7.96 | 7.11 | — | — | — | — | — |
| Average shares (basic) | 203 | 203 | 205 | 206 | 207 | — | — | — | — | — |
| Average shares (diluted) | 203 | 203 | 206 | 207 | 208 | — | — | — | — | — |
| Dividend per share | 5.48 | 5.48 | 4.46 | 3.87 | 3.41 | — | — | — | — | — |