Income Statement Research
Review the full annual statement in one scroll, from headline results to detailed SEC line items, margin conversion, and growth diagnostics.
Snapshot
TYSON FOODS, INC.'s top line, gross profit, operating income, and bottom-line conversion. Values in USD millions.
Revenue
+3.7%Compound growth, FY2021 to FY2025
Gross profit
-14.0%Compound growth, FY2021 to FY2025
Operating Income
-29.3%Compound growth, FY2021 to FY2025
Net income
-37.2%Compound growth, FY2021 to FY2025
Headline results
Four lines, five fiscal years, straight from the filings.
TYSON FOODS, INC. headline income statement — FY2025
Trend
The same four lines drawn across the window.
All values shown in USD millions unless noted otherwise.
Line items
The full annual income statement layer for TYSON FOODS, INC., from revenue down to share counts.
Statement basis
USD millions, except per-share and share-count rows.
TYSON FOODS, INC. expanded income statement — FY2025
Expanded annual statement lines sourced from the SEC EDGAR database for TYSON FOODS, INC..
Margins
How much of TYSON FOODS, INC.'s revenue survives through gross profit, operating income, and net income.
Gross margin
-733 bpsFY2025, versus FY2021
Operating Margin
-733 bpsFY2025, versus FY2021
Net income margin
-561 bpsFY2025, versus FY2021
Observation window
yearsFY2021 through FY2025
Margin table
Side-by-side read of gross, operating and net margin.
TYSON FOODS, INC. margins — FY2025
Margin trend
The shape of profitability across the window.
Margins are calculated from annual SEC facts using reported revenue as the denominator.
Year on year
Every headline line of TYSON FOODS, INC.'s statement measured against the immediately prior period.
Revenue YoY
FY2024FY2025 versus FY2024
Gross profit YoY
FY2024FY2025 versus FY2024
Op. income YoY
FY2024FY2025 versus FY2024
Net income YoY
FY2024FY2025 versus FY2024
Year-on-year table
Contractions are tinted so slowdowns are obvious.
TYSON FOODS, INC. year-on-year change — FY2025
Momentum
Whether the business is accelerating or rolling over.
Year-on-year change compares each annual period against the immediately prior year inside the selected window.
Compound growth
Compounded annual growth from FY2021 to FY2025, which filters out one-year noise.
Revenue CAGR
4yrFY2021 to FY2025
Gross profit CAGR
4yrFY2021 to FY2025
Op. income CAGR
4yrFY2021 to FY2025
Net income CAGR
4yrFY2021 to FY2025
Compound rates use the first and last reported year in the window, so a gap in either endpoint suppresses the figure.
Commentary
A written read of the filing-backed figures above. The statement itself remains the source of truth.
This explanation uses an earlier data snapshot or evidence version. Compare its generation date with the current filing figures.
Over the five-year period, Tyson Foods’ revenue remained relatively stable, hovering between approximately 47 billion USD in 2021 and 54.4 billion USD in 2025. This consistency in top-line performance is a positive indicator given the competitive pressures in the food production industry. However, the other performance metrics—gross profit, operating income, and net income—exhibited significant volatility. In 2021 and 2022, the company achieved strong operating results, with operating income around 4.4 billion USD and net income in the low 3 billion USD range, suggesting high profitability and effective cost-management during those years. Gross profit remained healthy in these years as well, further supporting robust operational performance. A notable turnaround occurred in 2023, when gross profit dropped sharply to 2.6 billion USD, and operating income fell into negative territory at -395 million USD, with net income declining to -648 million USD—representing year-over-year swings well above 20% compared to 2022. This substantial downturn could indicate a period of operational challenges, margin compression, or extraordinary expenses. Although some recovery began in 2024 and 2025, with operating income returning to around 1.4 billion and 1.1 billion USD respectively and net income showing modest gains, these figures remained significantly lower than the 2021-2022 levels. Overall, while Tyson Foods benefits from a stable revenue base and strong historical performance, the dramatic fluctuations in operating metrics suggest that sustaining operational efficiencies and mitigating volatility will be key to ensuring long-term financial health and stability in an industry sensitive to both market and operational disruptions.
This analysis is for informational purposes only and does not constitute financial advice or a recommendation for any investment decision. Please consult a qualified financial professional for personalised guidance.
