The J M Smucker Company delivered a challenging QQ4 2025 with revenue modestly down year-over-year and margins under pressure, culminating in a substantial net loss despite positive operating cash flow. Revenue totaled $2.1438 billion, down 2.81% YoY and 1.93% QoQ, while gross profit was $823.3 million for a gross margin of 38.4%. Operating income was negative at $-599.1 million, driven by elevated operating costs and non-operating items, yielding a net loss of $729.0 million or $-6.85 per diluted share. The year-ago period showed better profitability metrics, highlighting a material year-over-year deterioration in bottom-line results (net income YoY at -397.4%). Management emphasized ongoing Margin Improvement and Portfolio Rationalization initiatives as part of a multi-quarter effort to restore profitability, while cash flow remained a bright spot: operating cash flow of $393.9 million and free cash flow of $298.9 million contributed to a solid cash generation profile given a sizable debt burden.