Seneca Foods (SENEA) Gross Margin (2010 - 2026)
Seneca Foods' (SENEA) quarterly Gross Margin came in at 11.19% in Q1 2026, up 670.0% year-on-year from 1.45% in Q1 2025, and down 31.84% quarter-over-quarter from 16.42% in Q4 2025.
Seneca Foods (SENEA) Gross Margin (2010 - 2026) Analysis & Trends
Seneca Foods' Gross Margin history runs 17 years deep, the most recent figure standing at 11.19% for Q1 2026.
- On a quarterly basis, Gross Margin rose 670.0% year-over-year to 11.19% in Q1 2026; TTM through Mar 2026 was 13.93%, a 442.0% increase from a year earlier, with the FY2026 full-year figure at 13.93%, up 442.0% from the prior year.
- Gross Margin declined to 11.19% in Q1 2026 per SENEA's latest filing, from 16.42% in the prior quarter.
- Across five years, Gross Margin topped out at 18.51% in Q3 2023 and bottomed at 4.26% in Q1 2023.
- The 5-year median for Gross Margin is 10.64% (2022), against an average of 10.36%.
- Across the five-year window, Gross Margin sank 1260 bps in 2022 and surged 1100 bps in 2024, its largest moves.
- Year by year, Gross Margin stood at 11.37% in 2022, then rose by 7 bps to 12.16% in 2023, then fell by 20 bps to 9.77% in 2024, then jumped by 68 bps to 16.42% in 2025, then sank by 32 bps to 11.19% in 2026.
- Per Business Quant, the three latest SENEA Gross Margin figures stand at 11.19% (Q1 2026), 16.42% (Q4 2025), and 13.45% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.05 Bn | 26.07 Bn | 2.22 Bn | 36.70% |
| 2 | General Mills | 19.11 Bn | 18.67 Bn | 1.60 Bn | 34.79% |
| 3 | Hormel Foods | 13.78 Bn | 12.93 Bn | 518.51 Mn | 17.44% |
| 4 | Mccormick | 13.51 Bn | 13.76 Bn | 778.20 Mn | 40.18% |
| 5 | Magnum Ice Cream | 10.87 Bn | 10.35 Bn | - | - |
| 6 | Smithfield Foods | 10.26 Bn | 8.88 Bn | 511.00 Mn | 13.45% |
| 7 | Darling Ingredients | 10.06 Bn | 10.02 Bn | 404.92 Mn | 26.11% |
| 8 | Conagra Brands | 6.88 Bn | 6.66 Bn | 704.10 Mn | 24.43% |
| 9 | Lamb Weston Holdings | 6.84 Bn | 6.78 Bn | 361.40 Mn | 20.42% |
| 10 | Seneca Foods | 1.12 Bn | 1.07 Bn | 44.08 Mn | 11.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.19% |
| Dec 27, 2025 | 16.42% |
| Sep 27, 2025 | 13.45% |
| Jun 28, 2025 | 14.06% |
| Mar 31, 2025 | 4.49% |
| Dec 28, 2024 | 9.77% |
| Sep 28, 2024 | 10.08% |
| Jun 29, 2024 | 14.01% |
| Mar 31, 2024 | 6.75% |
| Dec 30, 2023 | 12.16% |
| Sep 30, 2023 | 14.26% |
| Jul 1, 2023 | 18.51% |
| Mar 31, 2023 | -4.26% |
| Dec 31, 2022 | 11.37% |
| Oct 1, 2022 | 9.50% |
| Jul 2, 2022 | 8.61% |
| Mar 31, 2022 | 6.10% |
| Jan 1, 2022 | 10.10% |
| Oct 2, 2021 | 11.48% |
| Jul 3, 2021 | 14.31% |