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| 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 | 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 |