Scotts Miracle-Gro (SMG) Operating Expenses (2009 - 2026)
Scotts Miracle-Gro's (SMG) quarterly Operating Expenses came in at $201.4 million in Q1 2026, up 7.01% year-on-year from $188.2 million in Q1 2025, and up 86.83% quarter-over-quarter from $107.8 million in Q4 2025.
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 $201.4 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $201.4 million, up 7.01% year-over-year; the trailing twelve-month figure through Mar 2026 was $635.7 million (down 2.44% YoY), and the FY2025 annual result was $666.8 million, up 7.24% from the prior year.
- Operating Expenses came in at $201.4 million for Q1 2026 at Scotts Miracle-Gro, up from $107.8 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.
- The 5-year median for Operating Expenses is $163.3 million (2022), against an average of $206.3 million.
- Across the five-year window, Operating Expenses jumped 308.12% in 2022 and plunged 83.61% in 2023, its largest moves.
- Scotts Miracle-Gro's 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 surged by 86.83% to $201.4 million in 2026.
- The last three Operating Expenses figures came in at $201.4 million (Q1 2026), $107.8 million (Q4 2025), and $170.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nutrien | 32,340,670.53 Bn | 32,340,669.70 Bn | 1.65 Bn | 164.00 Mn |
| 2 | Corteva | 52.38 Bn | 48.09 Bn | 1.66 Bn | 1.29 Bn |
| 3 | CF Industries Holdings | 17.50 Bn | 18.37 Bn | 746.00 Mn | 103.00 Mn |
| 4 | Mosaic | 7.06 Bn | 6.93 Bn | 235.60 Mn | 135.90 Mn |
| 5 | Scotts Miracle-Gro | 3.34 Bn | 3.34 Bn | 610.50 Mn | 201.40 Mn |
| 6 | Fmc | 1.46 Bn | 1.10 Bn | 246.60 Mn | 839.60 Mn |
| 7 | Cvr Partners | 1.25 Bn | 1.13 Bn | 116.84 Mn | 9.03 Mn |
| 8 | Intrepid Potash | 459.41 Mn | 453.51 Mn | 17.67 Mn | 11.27 Mn |
| 9 | American Vanguard | 76.21 Mn | 5.29 Mn | 38.42 Mn | 32.98 Mn |
| 10 | Bioceres Crop Solutions | 26.72 Mn | 40.72 Mn | 12.70 Mn | -18.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 201.40 Mn |
| Dec 27, 2025 | 107.80 Mn |
| Sep 30, 2025 | 170.70 Mn |
| Jun 28, 2025 | 155.80 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 |
| Jul 3, 2021 | 194.60 Mn |