Hershey Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	11,693	11,202	11,165	10,419	8,971
Revenue Growth (YoY)	4.38%	0.33%	7.16%	16.14%	10.08%
Cost of Revenue	7,770	5,901	6,167	5,921	4,923
Gross Profit	3,923	5,301	4,998	4,499	4,049
Selling, General & Admin	2,461	2,374	2,437	2,236	2,001
Other Operating Expenses	20.59	29.04	0.44	1.99	3.53
Total Operating Expenses	2,481	2,403	2,437	2,238	2,005
Operating Income	1,442	2,898	2,561	2,261	2,044
Interest Expense	-190.21	-165.66	-151.79	-137.56	-127.42
Other Non-Operating Income (Expense)	37.11	258.64	237.22	206.16	119.08
Total Non-Operating Income (Expense)	-153.09	92.99	85.43	68.6	-8.34
Pretax Income	1,214	2,474	2,172	1,917	1,797
Provision for Income Taxes	330.95	252.7	310.08	272.25	314.41
Net Income	883.26	2,221	1,862	1,645	1,478
Minority Interest in Earnings	-	-	-	-	-5.31
Net Income to Common	883.26	2,221	1,862	1,645	1,478
Net Income Growth	-60.24%	19.31%	13.19%	11.32%	15.55%
Shares Outstanding (Basic)	148	148	149	207	208
Shares Outstanding (Diluted)	203	203	206	207	208
Shares Change (YoY)	-0.05%	-1.00%	-0.50%	-0.57%	-0.79%
EPS (Basic)	4.46	11.22	9.31	8.22	7.34
EPS (Diluted)	4.34	10.92	9.06	7.96	7.11
EPS Growth	-60.26%	20.53%	13.82%	11.96%	16.37%
Shares Outstanding	202.84	202.38	204.39	204.97	206.11
Free Cash Flow	1,823	1,926	1,552	1,808	1,587
Free Cash Flow Growth	-5.34%	24.07%	-14.17%	13.95%	26.15%
Free Cash Flow Per Share	8.96	9.46	7.55	8.75	7.64
Dividends Per Share	5.480	5.480	4.456	3.874	3.410
Dividend Growth	-	22.98%	15.02%	13.61%	8.12%
Gross Margin	33.55%	47.32%	44.76%	43.18%	45.13%
Operating Margin	12.33%	25.87%	22.94%	21.70%	22.78%
Profit Margin	7.55%	19.83%	16.68%	15.79%	16.53%
FCF Margin	15.59%	17.19%	13.90%	17.36%	17.69%
EBITDA	1,945	3,353	2,981	2,640	2,359
EBITDA Margin	16.64%	29.94%	26.70%	25.34%	26.29%
EBIT	1,442	2,898	2,561	2,261	2,044
EBIT Margin	12.33%	25.87%	22.94%	21.70%	22.78%
Effective Tax Rate	27.26%	10.21%	14.28%	14.20%	17.49%

Updated Feb 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q