Scotts Miracle-Gro (SMG) Operating Expenses (2009 - 2026)
Scotts Miracle-Gro (SMG) posted Operating Expenses of $201.4 million for Q1 2026, up 86.83% sequentially from $107.8 million in Q4 2025, and up 7.01% YoY from $188.2 million in Q1 2025.
Scotts Miracle-Gro (SMG) Operating Expenses (2009 - 2026) Analysis & Trends
Scotts Miracle-Gro has reported Operating Expenses for 18 years, with the latest figure at $201.4 million in Q1 2026.
- Quarterly Operating Expenses rose 7.01% year-over-year to $201.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $635.7 million (down 2.44% YoY) and the FY2025 annual result came in at $666.8 million, up 7.24% from the prior year.
- Operating Expenses climbed to $201.4 million in Q1 2026 per SMG's latest filing, from $107.8 million in the prior quarter.
- Over five years, Operating Expenses peaked at $794.2 million in Q3 2022 and troughed at $107.7 million in Q4 2023.
- A 5-year average of $206.3 million and a median of $163.3 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 308.12% in 2022, then plunged 83.61% in 2023.
- Over 5 years, Operating Expenses stood at $137.0 million in 2022, then slipped by 21.39% to $107.7 million in 2023, then rose by 20.71% to $130.0 million in 2024, then dropped by 17.08% to $107.8 million in 2025, then jumped by 86.83% to $201.4 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $201.4 million, $107.8 million, and $170.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Corteva | 53.21 Bn | 50.85 Bn | 3.66 Bn | 1.60 Bn |
| 2 | Nutrien | 35.18 Bn | 34.26 Bn | 3.25 Bn | 235.00 Mn |
| 3 | CF Industries Holdings | 19.31 Bn | 16.83 Bn | 1.15 Bn | 89.00 Mn |
| 4 | Mosaic | 7.45 Bn | 7.15 Bn | 214.70 Mn | 131.60 Mn |
| 5 | Icl | 7.12 Bn | 6.46 Bn | 664.00 Mn | - |
| 6 | Scotts Miracle-Gro | 3.55 Bn | 3.52 Bn | 365.90 Mn | 192.60 Mn |
| 7 | Fmc | 1.37 Bn | 889.05 Mn | 342.10 Mn | 986.80 Mn |
| 8 | Cvr Partners | 1.32 Bn | 1.18 Bn | 93.22 Mn | 7.54 Mn |
| 9 | Intrepid Potash | 506.09 Mn | 321.10 Mn | 16.65 Mn | 10.02 Mn |
| 10 | Verde Resources | 65.15 Mn | 63.01 Mn | 163,912.00 | 873,904.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 192.60 Mn |
| 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 |