10-Q · February 5, 2026
Seneca reported a strong Q3 (three months ended December 27, 2025) with net sales of $508.3M and diluted EPS of $6.48, driven by margin recovery and lower interest expense. Gross profit was $83.5M (≈16.4% of sales) and…
Earnings analysis · 10-K
SENEA earnings analysis
Filed June 11, 2026 · Our reading of the company's report
The latest report
Seneca Foods Corporation's 10-K report highlights continued revenue growth and margin recovery over the past year. With a strategic focus on enhancing internal controls and expanding operational capacity, the company…
Read full summary
Seneca Foods Corporation's 10-K report highlights continued revenue growth and margin recovery over the past year. With a strategic focus on enhancing internal controls and expanding operational capacity, the company demonstrates resilience amid market challenges. Improved profitability metrics, particularly in EPS and free cash flow, suggest a positive trajectory moving forward.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
What stood out
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Revenue Growth
Total revenue increased to $508M in 2026 Q3, up from $503M in Q2 2025, indicating a sustainable growth trend.
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Strong EPS Improvement
EPS reached $6.48 in 2026 Q3, up from $2.1 in Q3 2025, showing significant profitability enhancement.
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Margin Recovery
Operating margin improved to 11.8% in Q3 2026, compared to 5.3% in Q3 2025, reflecting better cost management.
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Stock Repurchase Program Increased
The Board approved increasing share repurchase authorization to 2,500,000 shares, showing commitment to returning capital to shareholders.
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Successful Acquisition
Seneca acquired the Green Giant U.S. Frozen business in March 2026, representing 1.4% of consolidated revenues.
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Free Cash Flow Stability
Free cash flow was $23M in 2026 Q3, maintaining positive cash generation despite challenges in previous quarters.
What to watch
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Cybersecurity Threats
Cybersecurity risk management has become a focus, given increasing threats, affecting operational stability.
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Interest Rate Exposure
Rising interest rates may impact financing costs and could adversely affect cash flow management.
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Dependence on Seasonal Demand
The business faces risks related to seasonal production cycles, making cash flow management critical during off-peak seasons.
Management's outlook
Annual outlook deferred to earnings press release / call.
Earlier filings 4
10-K · June 12, 2025
Seneca Foods reported fiscal 2025 net sales of $1,578,887,000, up from $1,458,603,000 in fiscal 2024, driven by strength in its seasonal Q2/Q3 pack (Q3 net sales $502,856,000). The business remains heavily concentrated…
10-Q · August 8, 2024
Seneca reported Q1 net sales of $304,727,000, up $6,063,000 (+2.0%) versus the year-ago quarter, but profitability and margins contracted as operating income fell to $25,443,000 (from $35,497,000) and diluted EPS…
10-K · June 13, 2024
Seneca Foods is a large U.S.-focused packaged fruits and vegetables company with FY2024 net sales of $1,458,603,000 and 26 main facilities. The business remains concentrated in canned vegetables (reported…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.