Seaboard Corporation (SEB) Income Statement
SEB 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSEB revenue and net income
Where SEB's revenue goes
2025Each bar shows an amount and its share of revenue. SEB kept 5.1% of revenue as net income.
SEB profit margins
SEB growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +7.1% | −4.7% | +6.5% | +5.7% |
| Gross profit | +17.5% | −13.1% | +3.4% | +5.5% |
| Operating income | +45.5% | −29.8% | −1.5% | +6.1% |
| Net income | +463.6% | −5.1% | +11.9% | +11.2% |
| EPS (diluted) | +469.5% | +1.1% | +16.2% | +8.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SEB quarterly EPS vs estimates
Next report: October 27, 2026.
SEB income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.75B | $9.10B | $9.56B | $11.24B | $9.23B | $7.13B | $6.84B | $6.58B | $5.81B | $5.38B |
| Cost of revenue | $9.07B | $8.52B | $9.25B | $10.21B | $8.41B | $6.55B | $6.39B | $6.03B | $5.26B | $4.88B |
| Gross profit | $677.0M | $576.0M | $316.0M | $1.03B | $818.0M | $574.0M | $446.0M | $550.0M | $549.0M | $497.0M |
| Research & development | — | $113.0M | $361.0M | $210.0M | $191.0M | $134.0M | $143.0M | $77.0M | $0 | $0 |
| Sales, general & admin | $454.0M | $420.0M | $397.0M | $373.0M | $360.0M | $329.0M | $336.0M | $314.0M | $317.0M | $275.0M |
| Total operating expenses | $450.0M | $420.0M | $403.0M | $373.0M | $360.0M | $329.0M | $336.0M | $314.0M | $317.0M | $275.0M |
| Operating income | $227.0M | $156.0M | −$87.0M | $657.0M | $458.0M | $245.0M | $110.0M | $236.0M | $240.0M | $230.0M |
| Interest income | $167.0M | $68.0M | $56.0M | $32.0M | $165.0M | $22.0M | $30.0M | $14.0M | $37.0M | $39.0M |
| Interest expense | $70.0M | $72.0M | $58.0M | $40.0M | $13.0M | $19.0M | $36.0M | $44.0M | $29.0M | $29.0M |
| Income before taxes | $410.0M | $246.0M | $107.0M | $579.0M | $636.0M | $286.0M | $290.0M | $11.0M | $427.0M | $384.0M |
| Income taxes | −$91.0M | $156.0M | −$120.0M | −$3.0M | $65.0M | $3.0M | $3.0M | $1.0M | $181.0M | $70.0M |
| Net income | $496.0M | $88.0M | $226.0M | $580.0M | $570.0M | $283.0M | $287.0M | −$17.0M | $247.0M | $312.0M |
| EBITDA | $607.0M | $464.0M | $203.0M | $890.0M | $624.0M | $399.0M | $239.0M | $362.0M | $350.0M | $340.0M |
| EPS (diluted) | $516.11 | $90.62 | $204.24 | $499.66 | $491.05 | $244.04 | $242.81 | −$5.69 | $306.70 | $290.46 |
| Gross margin | 6.9% | 6.3% | 3.3% | 9.2% | 8.9% | 8.1% | 6.5% | 8.4% | 9.5% | 9.2% |
| Operating margin | 2.3% | 1.7% | −0.9% | 5.8% | 5.0% | 3.4% | 1.6% | 3.6% | 4.1% | 4.3% |
| Net margin | 5.1% | 1.0% | 2.4% | 5.2% | 6.2% | 4.0% | 4.2% | −0.3% | 4.3% | 5.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.92B | $2.40B | $2.41B | $2.54B | $2.48B | $2.32B | $2.48B | $2.22B | $2.21B | $2.19B | $2.28B | $2.39B |
| Cost of revenue | $2.70B | $2.18B | $2.23B | $2.35B | $2.32B | $2.17B | $2.26B | $2.08B | $2.08B | $2.10B | $2.26B | $2.22B |
| Gross profit | $221.0M | $223.0M | $179.0M | $194.0M | $162.0M | $142.0M | $223.0M | $137.0M | $129.0M | $87.0M | $21.0M | $165.0M |
| Research & development | — | — | — | — | — | — | $113.0M | — | — | — | $361.0M | — |
| Sales, general & admin | $121.0M | $121.0M | $126.0M | $114.0M | $110.0M | $104.0M | $109.0M | $105.0M | $99.0M | $107.0M | $108.0M | $98.0M |
| Total operating expenses | $121.0M | $121.0M | $126.0M | $110.0M | $110.0M | $104.0M | $109.0M | $105.0M | $99.0M | $107.0M | $108.0M | $98.0M |
| Operating income | $100.0M | $102.0M | $53.0M | $84.0M | $52.0M | $38.0M | $114.0M | $32.0M | $30.0M | −$20.0M | −$87.0M | $67.0M |
| Interest income | — | $9.0M | $63.0M | $40.0M | $14.0M | $18.0M | $16.0M | $16.0M | $17.0M | $19.0M | $17.0M | $25.0M |
| Interest expense | $20.0M | $10.0M | $21.0M | $21.0M | $18.0M | $10.0M | $22.0M | $21.0M | $17.0M | $12.0M | $17.0M | $9.0M |
| Income before taxes | $206.0M | $143.0M | $133.0M | $125.0M | $112.0M | $40.0M | $136.0M | $41.0M | $46.0M | $23.0M | −$21.0M | $93.0M |
| Income taxes | $52.0M | $23.0M | −$122.0M | $15.0M | $8.0M | $8.0M | −$20.0M | $190.0M | −$15.0M | $1.0M | −$86.0M | −$33.0M |
| Net income | $153.0M | $119.0M | $252.0M | $110.0M | $102.0M | $32.0M | $154.0M | −$149.0M | $61.0M | $22.0M | $64.0M | $126.0M |
| EBITDA | $57.0M | $236.0M | $236.0M | $224.0M | $210.0M | $128.0M | $207.0M | $135.0M | $136.0M | $104.0M | −$11.0M | $174.0M |
| EPS (diluted) | $159.74 | $124.24 | $264.23 | $113.71 | $105.22 | $32.95 | $158.59 | −$153.44 | $62.82 | $22.66 | $64.67 | $108.55 |
| Gross margin | 7.6% | 9.3% | 7.4% | 7.6% | 6.5% | 6.1% | 9.0% | 6.2% | 5.8% | 4.0% | 0.9% | 6.9% |
| Operating margin | 3.4% | 4.2% | 2.2% | 3.3% | 2.1% | 1.6% | 4.6% | 1.4% | 1.4% | −0.9% | −3.8% | 2.8% |
| Net margin | 5.2% | 5.0% | 10.5% | 4.3% | 4.1% | 1.4% | 6.2% | −6.7% | 2.8% | 1.0% | 2.8% | 5.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SEB's financial statements (latest annual report filed February 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SEB financial results
In fiscal year 2025 (ended December 31, 2025), Seaboard reported revenue of $9.7 billion, up 7.1% from the year before. It had net income of $496.0 million (up 463.6%), a net profit margin of 5.1%. Diluted earnings per share came to $516.11. Over five years revenue grew at an average rate of 6.5% a year.
See the SEB stock overview for the latest quote and news, or the SEB chart for price history and technical indicators.
SEB income statement FAQ
What is Seaboard's annual revenue?
Seaboard reported total revenue of $9.7 billion for fiscal year 2025, which ended on December 31, 2025. That was up 7.1% from $9.1 billion the previous year.
Is Seaboard profitable?
Yes. Seaboard reported net income of $496.0 million in fiscal 2025, a net profit margin of 5.1%; its operating margin was 2.3%.
What is Seaboard's gross margin?
Seaboard's gross margin was 6.9% in fiscal 2025: for every $100 of revenue, Seaboard kept $7 after the direct cost of its products and services.
How fast is Seaboard growing?
Revenue grew 6.5% a year on average over the last five fiscal years, from $7.1 billion to $9.7 billion.
What are Seaboard's earnings per share?
Seaboard earned $516.11 per diluted share in fiscal 2025, compared with $90.62 a year earlier.
When will Seaboard report its next earnings?
Seaboard is expected to report results for the quarter ending September 30, 2026 on October 27, 2026 after the market closes.
When does Seaboard's fiscal year end?
Seaboard's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 12, 2026.