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How Seaboard Corporation makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$9.7B · 100%Cost of revenue$9.1B · 93%Gross profit$693M · 7%Operating income$239M · 2%Income before tax$410M · 4%Income tax−$91M · −1%Net income$501M · 5%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$9.7B100%
  • 10-K · FY 2025Filing detailsAccession 0000088121-26-000012 · filed Feb 12, 2026
Cost of revenue$9.1B93%
  • 10-K · FY 2025Filing detailsAccession 0000088121-26-000012 · filed Feb 12, 2026
$693M7%
  • 10-K · FY 2025Filing detailsAccession 0000088121-26-000012 · filed Feb 12, 2026
$239M2%
  • 10-K · FY 2025Filing detailsAccession 0000088121-26-000012 · filed Feb 12, 2026
Income before tax$410M4%
  • 10-K · FY 2025Filing detailsAccession 0000088121-26-000012 · filed Feb 12, 2026
Income tax−$91M−1%
  • 10-K · FY 2025Filing detailsAccession 0000088121-26-000012 · filed Feb 12, 2026
$501M5%
  • 10-K · FY 2025Filing detailsAccession 0000088121-26-000012 · filed Feb 12, 2026
Source:
  • 10-K · FY 2025Filing detailsAccession 0000088121-26-000012 · filed Feb 12, 2026
· event Dec 31, 2025 · retrieved Oct 16, 2026 · annual-row source set
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