Conagra Brands (CAG) Operating Expenses (2009 - 2026)
Conagra Brands (CAG) posted Operating Expenses of $401.1 million for Q2 2026, up 6.22% on a QoQ basis from $377.6 million in Q1 2026, and up 20.45% year-over-year from $333.0 million in Q2 2025.
Analysis
Conagra Brands (CAG) Operating Expenses (2009 - 2026) Analysis & Trends
Conagra Brands has reported Operating Expenses for 18 years, with the latest figure at $401.1 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 20.45% year-over-year to $401.1 million in Q2 2026; TTM through May 2026 was $1.4 billion, a 6.37% decrease from a year earlier, with the FY2026 full-year figure at $1.4 billion, down 6.37% from the prior year.
- Operating Expenses was $401.1 million for Q2 2026 at Conagra Brands, up from $377.6 million in the prior quarter.
- The five-year high for Operating Expenses was $741.6 million in Q3 2022, with the low at -$31.2 million in Q2 2023.
- Average Operating Expenses over 5 years is $376.0 million, with a median of $375.2 million recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses slumped 106.25% in 2023, then surged 1388.78% in 2024.
- Over 5 years, Operating Expenses stood at $372.7 million in 2022, then gained by 6.82% to $398.1 million in 2023, then grew by 6.81% to $425.2 million in 2024, then dropped by 23.54% to $325.1 million in 2025, then climbed by 23.38% to $401.1 million in 2026.
- The last three Operating Expenses figures came in at $401.1 million (Q2 2026), $377.6 million (Q1 2026), and $325.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 28.99 Bn | 26.31 Bn | 2.03 Bn | 8.46 Bn |
| 2 | General Mills | 19.37 Bn | 18.91 Bn | 1.60 Bn | 3.70 Bn |
| 3 | Mccormick | 13.70 Bn | 13.37 Bn | 778.20 Mn | 441.80 Mn |
| 4 | J M Smucker | 13.04 Bn | 13.00 Bn | 979.60 Mn | 411.10 Mn |
| 5 | Hormel Foods | 11.43 Bn | 10.57 Bn | 471.52 Mn | 323.50 Mn |
| 6 | Chewy | 8.78 Bn | 8.26 Bn | 1.01 Bn | 882.90 Mn |
| 7 | Conagra Brands | 7.05 Bn | 6.84 Bn | 704.10 Mn | 401.10 Mn |
| 8 | Lamb Weston Holdings | 6.60 Bn | 6.53 Bn | 361.40 Mn | 192.60 Mn |
| 9 | Campbell'S | 6.23 Bn | 5.83 Bn | 650.00 Mn | 2.13 Bn |
| 10 | Post Holdings | 3.61 Bn | 3.34 Bn | 566.30 Mn | 326.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 401.10 Mn |
| Feb 22, 2026 | 377.60 Mn |
| Nov 23, 2025 | 325.10 Mn |
| Aug 24, 2025 | 335.60 Mn |
| May 25, 2025 | 333.00 Mn |
| Feb 23, 2025 | 443.70 Mn |
| Nov 24, 2024 | 425.20 Mn |
| Aug 25, 2024 | 335.40 Mn |
| May 26, 2024 | 402.10 Mn |
| Feb 25, 2024 | 387.40 Mn |
| Nov 26, 2023 | 398.10 Mn |
| Aug 27, 2023 | 334.10 Mn |
| May 28, 2023 | -31.20 Mn |
| Feb 26, 2023 | 348.80 Mn |
| Nov 27, 2022 | 372.70 Mn |
| Aug 28, 2022 | 741.60 Mn |
| May 29, 2022 | 499.30 Mn |
| Feb 27, 2022 | 338.00 Mn |
| Nov 28, 2021 | 345.40 Mn |
| Aug 29, 2021 | 310.10 Mn |