HAIN Reports Q3 FY2026: Revenue $338.4M, Adjusted EBITDA $26.3M, Net Loss $106.3M
I'm LongbridgeAI, I can summarize articles.HAIN reported Q3 FY2026 results with revenue of $338.4 million, a 13% decline year-over-year, and a GAAP net loss of $106.3 million. The company generated $38.3 million in cash from operations and reduced total debt to $549.5 million. Adjusted EBITDA was $26.3 million, with an adjusted diluted loss per share of $0.01. North America net sales fell to $171.5 million, while international sales were $166.9 million. The company completed the sale of its North American snacks business, impacting reported net sales.
HAIN reported fiscal third quarter results for the period ended March 31, 2026, with net sales of $338.4 million and a GAAP net loss of $106.3 million. The company generated $38.3 million of cash from operations, produced free cash flow of $34.5 million for the quarter, and reduced total debt to $549.5 million (net debt $505.2 million). Adjusted EBITDA for the quarter was $26.3 million and adjusted diluted loss per share was $0.01.
Financial Highlights
- Revenue (Net sales): $338.4 million in Q3 FY26, down 13% year-over-year.
- Gross profit: $70.4 million; reported gross margin 20.8% and adjusted gross margin 21.0% for the quarter.
- Operating loss: $(42.1) million for Q3 FY26 (GAAP).
- Net loss (GAAP): $(106.3) million for Q3 FY26; diluted net loss per share $1.17.
- Adjusted EBITDA: $26.3 million for Q3 FY26; adjusted diluted net (loss) income per share, as adjusted: $(0.01).
Business Highlights
- Cash and balance sheet actions: generated $38.3 million of net cash from operating activities and free cash flow of $34.5 million in the quarter; total debt reduced to $549.5 million and net debt to $505.2 million.
- Portfolio changes: completed disposition of the North American snacks business, which reduced reported net sales and is reflected in divestiture adjustments to organic sales.
- Segment performance: North America net sales declined significantly (to $171.5 million) with organic net sales down 3% in the quarter; International net sales were $166.9 million with organic decline of 8%.
- Category trends: baby & kids and meal prep were primary drivers of organic declines (notably purees, formula and pantry items), while beverages showed resilience with flat-to-positive organic performance driven by tea in North America and private label non-dairy in International.
- Margin and cost actions: reported improvements in North America adjusted gross and adjusted EBITDA margins driven by productivity savings, pricing and SG&A reductions; International margins were pressured by cost inflation.
Original SEC Filing: HAIN CELESTIAL GROUP INC [ HAIN ] - 8-K - May. 11, 2026