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SENEB

Seneca Foods Corporation

SENEB

Seneca Foods Corporation • NASDAQ
$120.50 ▲ 0.00% (+0.00)
Market Cap $828.80 M
52w High $124.94
52w Low $71.47
Dividend Yield 0%
P/E 13.96
Volume 23
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 Q1-2026Q2-2026
Canned Vegetables
Canned Vegetables
 $250.00M ▲$380.00M ▲
Frozen
Frozen
 $20.00M ▲$40.00M ▲
Fruit
Fruit
 $20.00M ▲$20.00M ▲
Manufactured Product Other
Manufactured Product Other
 $10.00M ▲$10.00M ▲
Snack
Snack
 $0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Seneca’s sales have been fairly steady over the past five years, with a gentle upward tilt more recently. Profitability, however, has been quite volatile. After a very strong year early in the period, margins tightened sharply, then recovered in the last two years but have not fully returned to prior peak levels. This pattern points to a business that can grow modestly but is very sensitive to swings in crop costs, inventory pricing, and competitive pressure. Overall, the company is consistently profitable in recent years, but earnings move around a lot for a defensive, staple-foods business, highlighting the thin-margin nature of canned and packaged vegetables.

Balance Sheet

Balance Sheet The balance sheet shows a solid equity base that has inched upward, suggesting that the company is slowly building net worth over time. Debt climbed meaningfully in the middle of the five-year period and then was pulled back more recently, which indicates active efforts to de‑leverage after a period of heavier borrowing. Cash on hand tends to be quite low, which is typical for an asset-heavy, inventory-intensive food manufacturer but leaves less of a cushion against shocks. Overall, Seneca looks reasonably well anchored by tangible assets and equity, with leverage moving in a more conservative direction lately, though liquidity is not especially abundant.

Cash Flow

Cash Flow Cash generation has been the most “bumpy” part of the story. Operating cash flow turned negative for a couple of years, likely reflecting high working-capital needs, elevated inventories, or cost spikes. In the latest year, cash flow from operations rebounded strongly into healthy positive territory, and free cash flow followed the same pattern. Capital spending has been steady and relatively modest, consistent with maintaining and selectively upgrading plants and equipment rather than pursuing capital-heavy expansion. The recent swing back to solid free cash flow is a clear positive, but the past volatility underlines how sensitive cash generation can be to inventory cycles and input costs.

Competitive Edge

Competitive Edge Seneca holds a strong, if understated, position in a mature, low-growth category. Its scale in private-label canned fruits and vegetables and its role as a contract manufacturer for well-known brands give it stable, recurring business with large retailers and consumer companies. Vertical integration—from seed development to in‑house can manufacturing—gives Seneca cost and supply-chain advantages that smaller rivals cannot easily match, and its long-standing relationships with a wide network of U.S. farms deepen that moat. The main competitive risks come from relentless price pressure in store brands, bargaining power of major retailers, and limited category growth, which together cap pricing power and keep margins thin even for a large, efficient player.

Innovation and R&D

Innovation and R&D Innovation at Seneca is mainly about process, packaging, and supply-chain technology rather than flashy consumer-tech R&D. The company has been a first mover in several packaging formats, such as microwaveable cups and pouches, and has led on BPA-free linings and more sustainable, resource-efficient packaging. It uses GPS-guided harvesting and digital traceability systems to optimize yields, cut fuel use, and track produce from field to can. Product-wise, it has broadened into organic lines and healthier snack options, and it has experimented at the edges with a hemp-related joint venture. These efforts suggest a company focused on incremental, practical innovation that tightens costs and meets evolving consumer and retailer demands, rather than radical reinvention.

Summary

Seneca Foods looks like a classic “workhorse” in the packaged foods space: a vertically integrated, operationally focused company in a slow-growing, price-competitive category. Revenues are steady and recently improving, while profits and cash flow have been more uneven, reflecting the industry’s sensitivity to costs and inventory dynamics. The balance sheet is anchored by tangible assets and a stable equity base, with recent progress in reducing debt, though day-to-day liquidity is not especially deep. Its strongest assets are its scale in private label, its role as a manufacturing partner to major brands, and its seed-to-can integration, which collectively form a meaningful moat in an otherwise tough business. Innovation is steady and pragmatic—centered on packaging, efficiency, and traceability—supporting gradual improvement rather than big leaps. Overall, the company appears resilient and efficiently run, but its financial profile shows the constraints and volatility typical of a low-margin, commodity-like food segment.

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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