Hershey (HSY) Change in Taxes (2016 - 2026)
Hershey (HSY) posted quarterly Change in Taxes of -$88.9 million for Q2 2026, down 207.67% year-over-year from $82.6 million in Q2 2025, and down 174.71% quarter-over-quarter from $119.0 million in Q1 2026.
Hershey (HSY) Change in Taxes (2016 - 2026) Analysis & Trends
Hershey (HSY) has reported Change in Taxes for 11 consecutive years, with -$88.9 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Change in Taxes fell 207.67% year-over-year to -$88.9 million; the TTM figure through Jun 2026 stood at -$50.5 million (down 161.45% YoY), while the FY2025 annual figure was $82.2 million, up 580.87% from the prior year.
- Change in Taxes retreated to -$88.9 million in Q2 2026 per HSY's latest filing, from $119.0 million in the prior quarter.
- Across five years, Change in Taxes topped out at $174.2 million in Q2 2023 and bottomed at -$177.9 million in Q3 2023.
- Historically, Change in Taxes has averaged $3.8 million across 5 years, with a median of $34.6 million in 2022.
- Annual changes were most pronounced in 2022 — Change in Taxes jumped 205.36% — and 2026, when it plunged 207.67%.
- Hershey's Change in Taxes stood at -$120.0 million in 2022, then increased by 3.54% to -$115.7 million in 2023, then sank by 34.47% to -$155.6 million in 2024, then jumped by 50.72% to -$76.7 million in 2025, then decreased by 16.0% to -$88.9 million in 2026.
- Business Quant data shows HSY's Change in Taxes at -$88.9 million in Q2 2026, $119.0 million in Q1 2026, and -$76.7 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Mondelez International | 80.42 Bn | 78.71 Bn | 3.99 Bn | - |
| 2 | Hershey | 27.07 Bn | 26.28 Bn | 1.26 Bn | -88.94 Mn |
| 3 | Tootsie Roll Industries | 3.06 Bn | 2.92 Bn | 52.63 Mn | -11.06 Mn |
| 4 | Sow Good | 64.08 Mn | 61.76 Mn | - | - |
| 5 | Rocky Mountain Chocolate Factory | 12.49 Mn | 11.88 Mn | 1.41 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | -88.94 Mn |
| Jun 28, 2026 | -88.94 Mn |
| Mar 29, 2026 | 119.05 Mn |
| Mar 29, 2026 | 119.05 Mn |
| Dec 31, 2025 | -76.67 Mn |
| Dec 31, 2025 | -76.67 Mn |
| Sep 28, 2025 | -3.91 Mn |
| Sep 28, 2025 | -3.91 Mn |
| Jun 29, 2025 | 82.60 Mn |
| Jun 29, 2025 | 82.60 Mn |
| Mar 30, 2025 | 80.17 Mn |
| Mar 30, 2025 | 80.17 Mn |
| Dec 31, 2024 | -155.60 Mn |
| Dec 31, 2024 | -155.60 Mn |
| Sep 29, 2024 | 74.95 Mn |
| Sep 29, 2024 | 74.95 Mn |
| Jun 30, 2024 | -83.98 Mn |
| Jun 30, 2024 | -83.98 Mn |
| Mar 31, 2024 | 147.54 Mn |
| Mar 31, 2024 | 147.54 Mn |