Conagra Brands (CAG) Operating Expenses (2009 - 2026)

Conagra Brands' (CAG) quarterly Operating Expenses came in at $401.1 million in Q2 2026, up 20.45% year-on-year from $333.0 million in Q2 2025, and up 6.22% quarter-over-quarter from $377.6 million in Q1 2026.

Conagra Brands (CAG) Operating Expenses (2009 - 2026) Analysis & Trends

Conagra Brands' Operating Expenses history runs 18 years deep, the most recent figure standing at $401.1 million for 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 rose to $401.1 million in Q2 2026 per CAG's latest filing, from $377.6 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.2 billion in Q2 2024 and bottomed at $36.7 million in Q3 2023.
  • The 5-year median for Operating Expenses is $336.8 million (2022), against an average of $381.7 million.
  • Across the five-year window, Operating Expenses slumped 87.8% in 2022 and surged 2067.61% in 2023, its largest moves.
  • Year by year, Operating Expenses stood at $106.5 million in 2022, then surged by 273.8% to $398.1 million in 2023, then climbed by 6.81% to $425.2 million in 2024, then slipped by 23.54% to $325.1 million in 2025, then advanced by 23.38% to $401.1 million in 2026.
  • Per Business Quant, the three latest CAG Operating Expenses figures stand at $401.1 million (Q2 2026), $377.6 million (Q1 2026), and $325.1 million (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Kraft Heinz 30.29 Bn 26.20 Bn 2.22 Bn 1.07 Bn
2 General Mills 19.35 Bn 18.90 Bn 1.60 Bn 3.70 Bn
3 Hormel Foods 13.90 Bn 13.04 Bn 518.51 Mn 318.62 Mn
4 Mccormick 13.45 Bn 13.12 Bn 778.20 Mn 441.80 Mn
5 Magnum Ice Cream 10.95 Bn 10.43 Bn - -
6 Smithfield Foods 10.34 Bn 8.95 Bn 511.00 Mn 180.00 Mn
7 Darling Ingredients 9.92 Bn 9.80 Bn 404.92 Mn 1.43 Bn
8 Oatly Group AB 8.23 Bn 8.23 Bn 76.34 Mn -88.35 Mn
9 Conagra Brands 7.07 Bn 6.85 Bn 704.10 Mn 401.10 Mn
10 Lamb Weston Holdings 6.87 Bn 6.81 Bn 331.60 Mn 205.00 Mn

Historic Data

Download Data
DateValue
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 1.25 Bn
Feb 25, 2024 387.40 Mn
Nov 26, 2023 398.10 Mn
Aug 27, 2023 36.70 Mn
May 28, 2023 1.15 Bn
Feb 26, 2023 90.90 Mn
Nov 27, 2022 106.50 Mn
Aug 28, 2022 83.50 Mn
May 29, 2022 53.10 Mn
Feb 27, 2022 338.00 Mn
Nov 28, 2021 59.00 Mn
Aug 29, 2021 64.60 Mn