Flagship explainer

How SMITHFIELD FOODS, INC. 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$15.5B · 100%Cost of revenue$13.4B · 87%Gross profit$2.1B · 13%Operating income$1.3B · 8%Income before tax$1.3B · 8%Income tax$283M · 2%Net income$987M · 6%As of 2025-12-28 · 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
$15.5B100%
Cost of revenue$13.4B87%
$2.1B13%
$1.3B8%
Income before tax$1.3B8%
Income tax$283M2%
$987M6%
Source: · event Dec 28, 2025 · retrieved Oct 17, 2026 · annual-row source set
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