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SENEA

Seneca Foods Corporation

SENEA

Seneca Foods Corporation • NASDAQ
$120.95 ▲ 1.32% (+1.57)
Market Cap $831.89 M
52w High $129.03
52w Low $70.58
Dividend Yield 0%
P/E 14
Volume 49.74K
Outstanding Shares 6.88M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2026 $460.022M ▲ $20.395M ▲ $29.739M ▲ 6.465% ▲ $4.33 ▲ $54.802M ▲
Q1-2026 $297.458M ▼ $18.596M ▲ $14.885M ▲ 5.004% ▲ $2.16 ▲ $36.194M ▲
Q4-2025 $345.839M ▼ $13.541M ▼ $601K ▼ 0.174% ▼ $0 ▼ $19.799M ▼
Q3-2025 $502.856M ▲ $23.45M ▲ $14.659M ▲ 2.915% ▼ $2.12 ▲ $38.715M ▲
Q2-2025 $425.465M $18.192M $13.303M 3.127% $1.92 $37.292M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2026 $18.134M ▲ $1.363B ▲ $690.221M ▲ $672.877M ▲
Q1-2026 $12.072M ▼ $1.159B ▼ $515.172M ▼ $644.172M ▲
Q4-2025 $42.685M ▲ $1.181B ▼ $548.406M ▼ $633.023M ▲
Q3-2025 $5.306M ▼ $1.226B ▼ $613.093M ▼ $612.822M ▲
Q2-2025 $9.545M $1.483B $884.485M $598.942M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2026 $29.739M ▲ $29.345M ▼ $-7.402M ▲ $-15.881M ▲ $6.062M ▲ $21.797M ▼
Q1-2026 $14.885M ▲ $53.696M ▼ $-11.173M ▼ $-80.841M ▼ $-38.318M ▼ $42.408M ▼
Q4-2025 $601K ▼ $91.875M ▼ $-5.936M ▲ $-48.46M ▲ $37.479M ▲ $81.381M ▼
Q3-2025 $14.659M ▲ $117.732M ▲ $-8.962M ▼ $-112.926M ▼ $-4.156M ▼ $108.658M ▲
Q2-2025 $13.318M $75.536M $-6.539M $-64.905M $4.092M $69.952M

Revenue by Products

Product Q1-2026
Canned Vegetables
Canned Vegetables
 $250.00M ▲
Frozen
Frozen
 $20.00M ▲
Fruit
Fruit
 $20.00M ▲
Manufactured Product Other
Manufactured Product Other
 $10.00M ▲
Snack
Snack
 $0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has been fairly steady over the past few years with a mild upward tilt, which is good for a company in a slow‑growing, defensive category. The bigger story is profit volatility: margins have swung noticeably as crop yields, input costs, and pricing power moved around. Earnings dipped sharply a couple of years ago, then recovered, and most recently remain clearly profitable but not at prior peak levels. Overall, it looks like a solid top line with profits very sensitive to costs and operating conditions, which is typical for a packaged fruit and vegetable business tied to agriculture and commodities.

Balance Sheet

Balance Sheet The balance sheet shows a business that invested to grow, took on more debt, and then made visible progress reducing that debt more recently. Equity has inched up over time, suggesting the company is slowly building net worth despite the earnings swings. Cash on hand is quite low, so liquidity likely depends on credit lines and the ability to move inventory, which adds some financial tension during tougher periods. On balance, leverage now looks more manageable than at its recent peak, but the company is not in an excess‑cash, ultra‑conservative position either.

Cash Flow

Cash Flow Cash generation has been uneven, with a couple of years where operations consumed cash rather than produced it, followed by a strong rebound in the latest year. Free cash flow turned meaningfully positive most recently, helped by disciplined, steady capital spending and better working‑capital management, and that appears to have supported the debt paydown. The pattern suggests the business can throw off solid cash in normal conditions but can swing sharply when inventories build, harvests fluctuate, or costs spike. Investors should view cash flow here as lumpy but improving, rather than consistently smooth and predictable.

Competitive Edge

Competitive Edge Seneca holds a strong niche as a leading private‑label and co‑packing partner in canned and shelf‑stable vegetables, which ties it closely to major retailers and the Green Giant brand. Vertical integration, especially making its own cans, and its scale in processing give it a cost and supply‑chain edge in a low‑margin, high‑volume category. Long‑standing relationships with both large customers and many U.S. growers further reinforce its position. The main competitive pressures come from retailer bargaining power, other private‑label suppliers, and shifting consumer preferences toward fresh and frozen options, all of which limit pricing freedom and keep margins thin.

Innovation and R&D

Innovation and R&D Innovation at Seneca is focused on process and packaging rather than lab‑heavy product R&D. The company has been an early mover in convenient and microwaveable packaging formats and in more sustainable, lighter, BPA‑free cans, which supports both retailer needs and consumer expectations. Precision agriculture tools and ongoing upgrades to plants are used to squeeze out cost, improve yields, and support its low‑cost producer status. Looking forward, most of the innovation upside seems tied to more value‑added, convenient products, greener packaging, and better use of data in farming and operations, rather than radical new food categories.

Summary

Overall, Seneca looks like an established, scale player in a mature, defensive segment, with its strength rooted in private‑label leadership, co‑packing partnerships, and vertically integrated operations. Financially, revenue is steady and modestly rising, but profits and cash flow are quite cyclical, reflecting exposure to crops, commodities, and retailer pricing pressure. The balance sheet has improved as debt has been paid down and free cash flow has recovered, though limited cash and thin margins leave little room for prolonged missteps. The key uncertainties are weather and crop variability, input cost swings, consumer shifts away from canned products, and execution on integrating the Green Giant shelf‑stable assets and continuing packaging and efficiency innovations.

NEWS

November 5, 2025 · 4:14 PM UTC

Seneca Foods Reports Sales and Earnings for the Quarter and Six Months Ended September 27, 2025

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