The Hershey revenue and financials
$160.80Change from previous close: −0.13%Absolute change: −$0.21
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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 419 | 469 | 927 | 842 | 112 | 397 | 942 | 695 | 326 | 569 | 758 | 516 |
| Depreciation and amortization | 136 | 133 | 133 | 128 | 124 | 120 | 124 | 113 | 110 | 108 | 117 | 103 |
| Capital expenditure | -89.8 | -115 | -138 | -85.9 | -85.1 | -146 | -135 | -128 | -130 | -213 | -223 | -218 |
| Investing cash flow | -82.4 | -117 | -897 | -80.4 | -155 | -147 | -411 | -160 | -162 | -228 | -463 | -220 |
| Financing cash flow | -425 | -403 | -267 | -514 | -560 | 537 | -450 | -394 | -231 | -222 | -364 | -278 |
| Dividends paid | -286 | -288 | -271 | -271 | -271 | -272 | -270 | -270 | -271 | -273 | -238 | -238 |
| Share repurchases | -376 | -80.2 | -1.6 | -1.0 | -3.6 | -12.6 | -2.3 | -0.5 | -3.6 | -521 | -25.9 | -1.1 |
| Debt issued | 206 | — | 0.0 | — | -1.5 | 1,986 | 124 | -127 | 40.2 | 570 | -100 | -39.9 |
| Debt repaid | 46.5 | -49.6 | 2.0 | -252 | -287 | -1,168 | -302 | -1.4 | -1.5 | -1.6 | -1.9 | -1.2 |
| Effect of exchange rates | 2.6 | 2.3 | -0.3 | 3.1 | -0.8 | -2.3 | 34.7 | 6.3 | 14.4 | -1.4 | 0.0 | 6.6 |
| Net change in cash | -85.8 | -48.9 | -237 | 251 | -603 | 785 | 116 | 148 | -53.3 | 119 | -69.4 | 25.1 |
| Free cash flow | 329 | 354 | 788 | 756 | 27.1 | 251 | 807 | 567 | 195 | 356 | 535 | 298 |
| Levered free cash flow | 218 | 263 | 610 | 653 | 3.8 | 185 | 392 | 448 | 228 | 97.2 | 259 | 304 |