Quick Verdict
Hain Celestial Q4 Fiscal 2026 Earnings results were announced: Hain Celestial posted Q4 FY2026 adjusted EPS of -$0.05, missing the –$0.03 consensus by $0.02, while revenue of $263.1 million exceeded the $261.2 million expectation. The company reported a GAAP loss of -$0.68 per share, and shares closed down 3.1% before rising roughly 3.2% in extended trading.
About Hain Celestial Group
The Hain Celestial Group, Inc. (Nasdaq: HAIN) is a health-and-wellness food company headquartered at 221 River Street, Hoboken, New Jersey. Its portfolio focuses on “better-for-you” products across tea, yogurt, baby and kids food, plant-based beverages, meal preparation and selected grocery categories. Core brands include Celestial Seasonings, The Greek Gods, Earth’s Best Organic, Ella’s Kitchen, Joya, Natumi and Hartley’s.hain+1
The company has operated in health-oriented branded foods for more than 30 years and is undertaking a major portfolio simplification. Hain reached a definitive agreement to sell most of its UK, Ireland and European International business to AURELIUS for an estimated $323.2 million gross consideration. The transaction is intended to leave Hain as a more concentrated North America-focused business, subject to regulatory approvals and an extension of its December 2026 credit-facility maturity.
HAIN’s market capitalization was approximately $55.9 million around the results date, based on a share price near $0.60. A meaningful P/E ratio is not applicable because the company reported losses. Cash on hand was $58.1 million, compared with total debt of $557.8 million at June 30, 2026.
Top Financial Highlights
- Q4 FY2026 net sales totaled $263.1 million, down 27.6% year over year from $363.3 million, primarily reflecting the North American snacks divestiture.
- Q4 organic net sales declined 1.8%, excluding divestitures, held-for-sale businesses, discontinued brands, exited categories, and foreign-exchange effects.
- Fiscal 2026 net sales were $1.353 billion, down 13.2% from $1.560 billion in FY2025.
- Q4 GAAP net loss narrowed to $61.9 million, or -$0.68 per diluted share, from a $272.6 million loss, or -$3.06 per share, in the prior-year quarter.
- Q4 adjusted net loss was $4.4 million, or -$0.05 per diluted share, versus an adjusted loss of $1.7 million, or -$0.02 per share, a year earlier.
- Q4 gross profit was $59.2 million, while gross margin increased 200 basis points to 22.5%; adjusted gross margin rose 230 basis points to 22.7%.
- Q4 adjusted EBITDA was $18.7 million, down 5.8% year over year, while adjusted EBITDA margin improved to 7.1% from 5.5%.
- North America Q4 revenue was $111.8 million, down 45.7% on a reported basis because of divestitures; organic revenue nevertheless rose 1.7%.
- International Q4 revenue was $151.3 million, down 4.0% on a reported basis, and organic sales fell 4.0%.
- Q4 category sales included Meal Prep of $135.0 million, Beverages of $55.4 million, Baby & Kids of $52.3 million, Snacks of $8.5 million, and Personal Care of $11.9 million.
- Q4 operating cash flow was $11.4 million, compared with cash used in operations of $2.6 million in Q4 FY2025.
- FY2026 operating cash flow rose to $78.3 million, from $22.1 million in FY2025, while free cash flow improved to $57.7 million from a $3.2 million outflow.
- Cash and cash equivalents ended FY2026 at $58.1 million; total debt was $557.8 million and net debt was $499.5 million, down roughly $151 million during the fiscal year.
- The company’s secured leverage ratio was 4.5x, below its 5.5x covenant limit, and management cited $186 million of availability under its revolver.
- Hain did not issue conventional FY2027 revenue or earnings guidance because of its pending international sale and ongoing discussions with lenders. It did identify more than $16 million in annual run-rate cost savings and targets a pro forma North American gross margin of about 30%+ with a low-double-digit adjusted EBITDA margin.
Beat or Miss?
| Metric | Reported | Difference/Analysis |
| Adjusted EPS | ($0.05) | Missed the -$0.03 consensus estimate by $0.02 per share. |
| Revenue | $263.07 million | Beat the $261.24 million consensus expectation by $1.83 million. |
| GAAP EPS | ($0.68) | No GAAP-consensus figure cited; the loss was materially narrower than -$3.06 in Q4 FY2025. |
| Organic sales growth | -1.80% | Underlying sales remained negative overall, although North America returned to modest organic growth. |
| Adjusted EBITDA | $18.7 million | Down 5.8% year over year, but margin expanded 160 basis points to 7.1%. |
The earnings picture was therefore mixed: revenue modestly exceeded expectations, but adjusted EPS missed. Importantly, reported sales comparisons are heavily distorted by the sale of the North American snacks business; underlying organic sales fell only 1.8%, rather than the 27.6% reported decline.
The Hain Celestial Group, Inc. And Subsidiaries Consolidated Statements of Operations
(Source: globenewswire.com)
- The table presents The Hain Celestial Group, Inc. and Subsidiaries Consolidated Statements of Operations for the fourth quarter and fiscal year-to-date periods of 2026 and 2025. Figures are unaudited and reported in USD thousands, except per-share amounts.
- In the fourth quarter of 2026, net sales declined to USD 263.1 million from USD 363.3 million in 2025. Gross profit also decreased to USD 59.2 million from USD 74.3 million. However, selling, general and administrative expenses improved to USD 62.5 million, compared with USD 67.4 million a year earlier.
- A major improvement was recorded in impairment-related expenses. Goodwill impairment decreased sharply to USD 42.3 million from USD 227.4 million, while long-lived asset and intangible impairment fell to only USD 0.4 million from USD 24.9 million. As a result, the quarterly operating loss narrowed substantially to USD 55.7 million, compared with USD 251.7 million in the prior-year quarter.
- For the full year-to-date period, net sales were USD 1.35 billion in 2026, down from USD 1.56 billion in 2025, while gross profit decreased to USD 272.1 million from USD 334.1 million. The company recorded an operating loss of USD 203.5 million, significantly lower than the USD 461.6 million loss reported in 2025.
- The net loss improved to USD 61.9 million in Q4 2026 from USD 272.6 million in Q4 2025. For the full year, net loss narrowed to USD 304.9 million, compared with USD 530.8 million in 2025. Correspondingly, basic and diluted loss per share improved to USD 0.68 in the fourth quarter from USD 3.06, while the full-year loss per share improved to USD 3.36 from USD 5.89.
- Overall, the table indicates that although sales and gross profit declined in 2026, significantly lower goodwill and asset impairment charges helped reduce operating and net losses compared with the previous year.
What Leadership Is Saying
President and CEO Alison Lewis characterized FY2026 as a transition year centered on simplifying the portfolio, improving cash generation, and preparing the remaining North American business for more focused growth.
“Fiscal Year 2026 was a pivotal year for Hain. Over the past 12 months, we took decisive actions to simplify our portfolio, pay down debt, improve execution, drive greater cost discipline, and sharpen our strategic focus.” — Alison Lewis, President and CEO.
“Once the transaction is closed, the resulting portfolio would be a North American business comprised of leading brands in attractive categories with a more streamlined operating model and a greater focus on core growth opportunities.” — Alison Lewis, President and CEO.
CFO Lee Boyce emphasized liquidity, working-capital improvement, and the use of international-sale proceeds to reduce leverage.
“Strong cash flow generation this quarter brought cash on hand to $58 million and net debt to $500 million, a reduction of $151 million, or approximately 25% since the beginning of the fiscal year.” — Lee Boyce, Executive Vice President and CFO.
“With these proceeds, we will pay down the entirety of our outstanding term loan and more than 35% of the outstanding balance of our revolver. Our pro forma total debt outstanding as of June 30th, 2026, would be approximately $250 million.” — Lee Boyce, Executive Vice President and CFO.
Historical Performance
| Category | Q4 FY2026 | Q4 FY2025 | Change (%) |
| Revenue | $263.1 million | $363.3 million | -27.60% |
| Net income/(loss) | -$61.9 million | -$272.6 million | Loss narrowed by 77.3% |
| Gross profit | $59.2 million | $74.3 million | -20.40% |
| Gross margin | 22.50% | 20.50% | +200 bps |
| SG&A expense | $62.5 million | $67.4 million | -7.20% |
| Operating loss | -$55.7 million | -$251.7 million | Loss narrowed by 77.9% |
| Adjusted EBITDA | $18.7 million | $19.9 million | -5.80% |
| Operating cash flow | $11.4 million | -$2.6 million | Improved by $14.1 million |
| Free cash flow | $6.8 million | -$8.9 million | Improved by $15.7 million |
The central financial contrast is that revenue contracted sharply because of portfolio exits, but profitability ratios and cash flow improved. Q4 gross margin expanded to 22.5%, North America’s adjusted gross margin increased to 31.1%, and North America adjusted EBITDA rose 55% to $16.1 million. International results remained weak: adjusted EBITDA declined 41% to $12.3 million and adjusted gross margin fell to 16.6%.
Segment Comparison
Hain did not present direct competitor financial results in its Q4 earnings release. The most relevant comparison for evaluating the company’s operating performance is therefore between its two reportable segments—North America and International—rather than a like-for-like competitor table.
| Category | North America Q4 FY2026 | International Q4 FY2026 | Change/Analysis |
| Net sales | $111.8 million | $151.3 million | North America was smaller after the snacks divestiture; International remained the larger reported-sales segment. |
| Reported revenue growth | -45.70% | -4.00% | North America’s decline primarily reflected the disposed snacks operation. |
| Organic revenue growth | 1.70% | -4.00% | North America returned to organic growth; International remained under pressure. |
| Gross margin | 30.60% | 16.60% | North America had a 1,400-basis-point margin advantage. |
| Adjusted gross margin | 31.10% | 16.60% | North America benefited from mix and productivity gains. |
| Adjusted EBITDA | $16.1 million | $12.3 million | North America generated higher adjusted EBITDA despite lower reported sales. |
| Adjusted EBITDA growth | 55.30% | -41.10% | The divergence supports Hain’s stated rationale for divesting International. |
| Adjusted EBITDA margin | 14.40% | 8.10% | North America exceeded International by 630 basis points. |
The planned sale to AURELIUS covers the International business across the UK, Ireland and continental Europe, including brands such as Ella’s Kitchen, Joya, Natumi, Hartley’s, Cully & Sully, Yorkshire Provender and New Covent Garden. It has an estimated gross value of $323.2 million, with expected net proceeds of $305 million to $310 million. The deal is expected to close in fiscal Q2 2027, but it depends on regulatory approvals and a credit-agreement extension of at least nine months by October 12, 2026.
How the Market Reacted?
HAIN shares closed at $0.60, down $0.02, or 3.12%, on September 14. In extended trading, shares recovered to $0.62, up about 3.15% from the closing price. Premarket trading had also been weak, with shares reported down roughly 2.74% to $0.60.
The market reaction reflects a conflicted investment case. Investors responded positively to the proposed International sale, substantial free-cash-flow improvement, and debt-reduction potential. However, the adjusted EPS miss, lack of FY2027 guidance, still-negative organic consolidated growth, high leverage, and the need to secure lender approval for the debt-maturity extension remain significant execution risks.
