Hershey Co
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Hershey Co (HSY). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| North America Confectionery | $7.08B 86.9% | $7.68B 85.6% · +8.4% | $8.54B 81.9% · +11.1% | $9.12B 81.7% · +6.9% | $9.12B 81.4% · +0.0% | $9.48B 81.1% · +4.0% |
| North America Salty Snacks | $438.2M 5.4% | $555.4M 6.2% · +26.7% | $1.03B 9.9% · +85.3% | $1.09B 9.8% · +6.1% | $1.14B 10.1% · +3.9% | $1.27B 10.9% · +11.9% |
| International | $626.6M 7.7% | $733.5M 8.2% · +17.1% | $853.4M 8.2% · +16.3% | $949.2M 8.5% · +11.2% | $948.0M 8.5% · -0.1% | $941.6M 8.1% · -0.7% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| North America Confectionery | $2.27B 32.1% | $2.48B 32.2% | $2.81B 32.9% | $3.12B 34.2% | $2.95B 32.3% | $2.49B 26.3% |
| North America Salty Snacks | $75.8M 17.3% | $100.8M 18.1% | $159.9M 15.5% | $158.3M 14.5% | $199.4M 17.6% | $241.4M 19.0% |
| International | -$14.0K 0.0% | $74.2M 10.1% | $107.9M 12.6% | $148.3M 15.6% | $111.5M 11.8% | $3.3M 0.4% |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Revenue by region
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| United States | $7.04B 86.4% | $7.81B 87.0% · +10.9% | $9.12B 87.5% · +16.8% | $9.75B 87.3% · +6.9% | $9.77B 87.2% · +0.2% | $10.25B 87.7% · +4.9% |
| Other | $1.11B 13.6% | $1.16B 13.0% · +5.1% | $1.30B 12.5% · +11.5% | $1.41B 12.7% · +8.8% | $1.43B 12.8% · +1.3% | $1.44B 12.3% · +0.7% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.