Scotts Miracle-Gro (SMG) Operating Expenses (2009 - 2026)
Scotts Miracle-Gro's (SMG) quarterly Operating Expenses came in at $192.6 million in Q2 2026, up 33.94% year-over-year from $143.8 million in Q2 2025, and down 4.37% quarter-over-quarter from $201.4 million in Q1 2026.
Analysis
Scotts Miracle-Gro (SMG) Operating Expenses (2009 - 2026) Analysis & Trends
Scotts Miracle-Gro has disclosed Operating Expenses across 18 years of filings, most recently posting $192.6 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 33.94% year-over-year to $192.6 million; the TTM figure through Jun 2026 stood at $706.5 million (up 8.98% YoY), while the FY2025 annual figure was $666.8 million, up 7.24% from the prior year.
- Operating Expenses came in at $192.6 million for Q2 2026 at Scotts Miracle-Gro, down from $201.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $794.2 million in Q3 2022 to a low of $107.7 million in Q4 2023.
- Average Operating Expenses over 5 years is $206.8 million, with a median of $180.8 million recorded in 2024.
- Year-over-year, Operating Expenses surged 308.12% in 2022 and tumbled 83.61% in 2023.
- Over 5 years, Operating Expenses stood at $137.0 million in 2022, then retreated by 21.39% to $107.7 million in 2023, then grew by 20.71% to $130.0 million in 2024, then decreased by 17.08% to $107.8 million in 2025, then jumped by 78.66% to $192.6 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $192.6 million in Q2 2026, $201.4 million in Q1 2026, and $107.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 42.31 Bn | 32.74 Bn | 1.94 Bn | 1.04 Bn |
| 2 | Bunge Global | 24.40 Bn | 23.76 Bn | 1.68 Bn | 606.00 Mn |
| 3 | Darling Ingredients | 10.62 Bn | 10.46 Bn | 503.37 Mn | 1.52 Bn |
| 4 | Ingredion | 6.39 Bn | 5.44 Bn | 426.00 Mn | 45.00 Mn |
| 5 | Scotts Miracle-Gro | 3.27 Bn | 3.24 Bn | 365.90 Mn | 192.60 Mn |
| 6 | Andersons | 2.46 Bn | 2.39 Bn | 223.73 Mn | - |
| 7 | Del Monte | 1.54 Bn | 1.51 Bn | 121.30 Mn | 72.60 Mn |
| 8 | Dole | 1.29 Bn | 1.00 Bn | 195.30 Mn | 148.44 Mn |
| 9 | Adecoagro | 1.29 Bn | 962.00 Mn | 167.30 Mn | -39.12 Mn |
| 10 | Universal | 1.14 Bn | 858.96 Mn | 83.09 Mn | 80.79 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 192.60 Mn |
| Mar 28, 2026 | 201.40 Mn |
| Dec 27, 2025 | 107.80 Mn |
| Sep 30, 2025 | 204.70 Mn |
| Jun 28, 2025 | 143.80 Mn |
| Mar 29, 2025 | 188.20 Mn |
| Dec 28, 2024 | 130.00 Mn |
| Sep 30, 2024 | 186.30 Mn |
| Jun 29, 2024 | 147.10 Mn |
| Mar 30, 2024 | 180.80 Mn |
| Dec 30, 2023 | 107.70 Mn |
| Sep 30, 2023 | 356.50 Mn |
| Jul 1, 2023 | 130.20 Mn |
| Apr 1, 2023 | 208.10 Mn |
| Dec 31, 2022 | 137.00 Mn |
| Sep 30, 2022 | 151.30 Mn |
| Jul 2, 2022 | 794.20 Mn |
| Apr 2, 2022 | 204.80 Mn |
| Jan 1, 2022 | 155.90 Mn |
| Sep 30, 2021 | 161.80 Mn |