MARZETTI (MZTI) earnings
MARZETTI earnings: last reported Tue, 25 Aug 2026, for the quarter ended Jun 2026.
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The Marzetti Company Q4 FY26 — Record Gross Profit and Operating Income, Bachan's Integration on Track
What went well
- Achieved record FY26 net sales, gross profit, and operating income, marking the fourth consecutive year for sales/gross profit and third for operating income.
- Delivered record Q4 gross profit and operating income, with adjusted operating income increasing 17.5%.
- Bachan's sales grew 8.7% with total distribution points up 16.6%, and Texas Roadhouse rolls sales increased 28.1% in Q4, reaching $58 million for the 52-week period (up 76% YoY).
What to watch
- Reported consolidated net sales declined 2.2% in Q4, primarily due to the discontinuation of a temporary supply agreement and reduced sales into the club channel.
- Retail sales were unfavorably impacted by reduced sales into the club channel and comparison to last year's pipeline build of Texas Roadhouse dinner rolls.
Performance −42.2% 1Y
1Y: $171.59 on 29 Sept 2025 → $99.19. High $174.1 (12 Nov 2025), low $99.19 (30 Sept 2026).
Quarterly results
Q2 FY26: revenue down 2.2%, net profit up 48.5% against the same quarter last year.
| Line item | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 467 | 509 | 458 | 475 | 493 +6% | 518 +2% | 453 −1% | 465 −2% |
| EBITDA | 56 | 76 | 50 | 39 | 59 +6% | 75 −1% | 47 −7% | 58 +48% |
| Net profit | 45 | 49 | 41 | 33 | 47 +6% | 59 +21% | 37 −10% | 48 +48% |
How to read this
US$ million, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Balance sheet
| Year ending | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 | Jun 2026 |
|---|---|---|---|---|---|---|
| Equity capital | $128.62M | $137.81M | $143.87M | $153.62M | $160.89M | $168.97M |
| Reserves | $1.48B | $1.49B | $1.50B | $1.56B | $1.63B | $1.71B |
| Total liabilities | $258.14M | $245.69M | $250.73M | $281.16M | $276.23M | $551.87M |
| Fixed assets | $364.62M | $451.37M | $482.21M | $477.70M | $534.54M | $551.55M |
| Total assets | $1.10B | $1.09B | $1.11B | $1.21B | $1.27B | $1.61B |
How to read this
As filed on each reporting date, including interim balance sheets. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Insider filings
18 filings between Nov 20, 2025 and Sep 10, 2026.
Open market
decisions to buy or sellPurchases
$98.1K
1 purchase by 1 insider
Sales
$234.0K
2 sales by 1 insider
Compensation
not trading decisions- 4
- Award — granted as compensation
- 9
- Tax withheld — shares kept back by the company to cover tax
Also filed: 2 gifts.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Viso Luis | — | $234.0K | Sep 10, 2026 |
| Pigott, Thomas K. | $98.1K | — | Jun 10, 2026 |
Latest filings (37)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 10, 2026 | Viso Luis Strategic Advisor to CEO | Sale | 997 | $100.5K |
| Aug 25, 2026 | Viso Luis Chief Supply Chain Officer | Tax withheld | 152 | $17.6K |
| Aug 25, 2026 | Bird Kristin President-Foodservice Division | Award | 623 | $0 |
| Aug 25, 2026 | Bird Kristin President-Foodservice Division | Tax withheld | 180 | $20.9K |
| Aug 25, 2026 | Ciesinski David Alan President and CEO | Award | 4,177 | $0 |
| Aug 25, 2026 | Ciesinski David Alan President and CEO | Tax withheld | 1,611 | $187.0K |
| Aug 25, 2026 | Pigott, Thomas K. VP, CFO and Asst. Secretary | Award | 1,026 | $0 |
| Aug 25, 2026 | Pigott, Thomas K. VP, CFO and Asst. Secretary | Tax withheld | 298 | $34.6K |
| Aug 25, 2026 | Viso Luis Chief Supply Chain Officer | Award | 527 | $0 |
| Aug 15, 2026 | Ciesinski David Alan President and CEO | Tax withheld | 2,055 | $238.5K |
| Aug 15, 2026 | Bird Kristin President-Foodservice Division | Tax withheld | 301 | $34.9K |
| Aug 15, 2026 | Viso Luis Chief Supply Chain Officer | Tax withheld | 255 | $29.6K |
| Aug 15, 2026 | Pigott, Thomas K. VP, CFO and Asst. Secretary | Tax withheld | 496 | $57.6K |
| Jun 11, 2026 | Viso Luis Chief Supply Chain Officer | Sale | 1,221 | $133.5K |
| Jun 10, 2026 | Pigott, Thomas K. VP, CFO and Asst. Secretary | Purchase | 900 | $98.1K |
| May 17, 2026 | Viso Luis Chief Supply Chain Officer | Tax withheld | 500 | $57.0K |
| Jan 5, 2026 | FOX ROBERT L Director | Gift | 230 | $0 |
| Nov 20, 2025 | FOX ROBERT L Director | Gift | 1,820 | $0 |
| Aug 21, 2025 | Pigott, Thomas K. VP, CFO and Asst. Secretary | Tax withheld | 887 | $159.9K |
| Aug 21, 2025 | Bird Kristin President-Foodservice Division | Award | 1,785 | $0 |
| Aug 21, 2025 | Bird Kristin President-Foodservice Division | Tax withheld | 532 | $95.9K |
| Aug 21, 2025 | Ciesinski David Alan President and CEO | Award | 12,881 | $0 |
| Aug 21, 2025 | Ciesinski David Alan President and CEO | Tax withheld | 5,840 | $1.05M |
| Aug 21, 2025 | Pigott, Thomas K. VP, CFO and Asst. Secretary | Award | 2,973 | $0 |
| Aug 16, 2025 | Pigott, Thomas K. VP, CFO and Asst. Secretary | Tax withheld | 532 | $95.9K |
| Aug 16, 2025 | Ciesinski David Alan President and CEO | Tax withheld | 2,674 | $482.1K |
| Aug 16, 2025 | Bird Kristin President-Foodservice Division | Tax withheld | 319 | $57.5K |
| Feb 13, 2025 | Ciesinski David Alan President and CEO | Sale | 17,000 | $3.25M |
| Nov 6, 2024 | Ostryniec Robert Paul Director | Award | 674 | $0 |
| Nov 6, 2024 | Arnold Zena Srivatsa Director | Award | 674 | $0 |
| Nov 6, 2024 | GERLACH JOHN B JR Executive Chairman | Award | 674 | $0 |
| Nov 6, 2024 | Fullen Elliot K. Director | Award | 674 | $0 |
| Nov 6, 2024 | FOX ROBERT L Director | Award | 674 | $0 |
| Nov 6, 2024 | BRASIER BARBARA L Director | Award | 674 | $0 |
| Nov 6, 2024 | HARRIS ALAN F Director | Award | 674 | $0 |
| Nov 6, 2024 | Knight George F. III Director | Award | 674 | $0 |
| Nov 6, 2024 | KEOWN MICHAEL H Director | Award | 674 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.