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

Conagra Brands' (CAG) quarterly Operating Income came in at -$1.7 billion in Q2 2026, down 616.6% year-on-year from $321.0 million in Q2 2025, and down 692.04% quarter-over-quarter from $280.1 million in Q1 2026.

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

Conagra Brands' Operating Income history runs 18 years deep, the most recent figure standing at -$1.7 billion for Q2 2026.

  • On a quarterly basis, Operating Income fell 616.6% year-over-year to -$1.7 billion in Q2 2026; TTM through May 2026 was -$1.6 billion, a 219.33% decrease from a year earlier, with the FY2026 full-year figure at -$1.6 billion, down 219.33% from the prior year.
  • Operating Income declined to -$1.7 billion in Q2 2026 per CAG's latest filing, from $280.1 million in the prior quarter.
  • Across five years, Operating Income topped out at $815.8 million in Q4 2022 and bottomed at -$1.7 billion in Q2 2026.
  • The 5-year median for Operating Income is $402.1 million (2024), against an average of $217.5 million.
  • Across the five-year window, Operating Income surged 172.28% in 2025 and tumbled 616.6% in 2026, its largest moves.
  • Year by year, Operating Income stood at $815.8 million in 2022, then tumbled by 45.02% to $448.5 million in 2023, then dropped by 10.23% to $402.6 million in 2024, then tumbled by 248.44% to -$597.6 million in 2025, then tumbled by 177.49% to -$1.7 billion in 2026.
  • Per Business Quant, the three latest CAG Operating Income figures stand at -$1.7 billion (Q2 2026), $280.1 million (Q1 2026), and -$597.6 million (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Kraft Heinz 30.29 Bn 26.20 Bn 2.22 Bn 1.15 Bn
2 General Mills 19.35 Bn 18.90 Bn 1.60 Bn -2.09 Bn
3 Hormel Foods 13.90 Bn 13.04 Bn 518.51 Mn 217.11 Mn
4 Mccormick 13.45 Bn 13.12 Bn 778.20 Mn 276.40 Mn
5 Magnum Ice Cream 10.95 Bn 10.43 Bn - -
6 Smithfield Foods 10.34 Bn 8.95 Bn 511.00 Mn 333.00 Mn
7 Darling Ingredients 9.92 Bn 9.80 Bn 404.92 Mn 226.77 Mn
8 Oatly Group AB 8.23 Bn 8.23 Bn 76.34 Mn -11.35 Mn
9 Conagra Brands 7.07 Bn 6.85 Bn 704.10 Mn -1.66 Bn
10 Lamb Weston Holdings 6.87 Bn 6.81 Bn 331.60 Mn 126.60 Mn

Historic Data

Download Data
DateValue
May 31, 2026 -1.66 Bn
Feb 22, 2026 280.10 Mn
Nov 23, 2025 -597.60 Mn
Aug 24, 2025 347.40 Mn
May 25, 2025 321.00 Mn
Feb 23, 2025 239.40 Mn
Nov 24, 2024 402.60 Mn
Aug 25, 2024 401.60 Mn
May 26, 2024 -444.10 Mn
Feb 25, 2024 471.40 Mn
Nov 26, 2023 448.50 Mn
Aug 27, 2023 786.40 Mn
May 28, 2023 -367.60 Mn
Feb 26, 2023 747.90 Mn
Nov 27, 2022 815.80 Mn
Aug 28, 2022 636.80 Mn
May 29, 2022 660.30 Mn
Feb 27, 2022 424.10 Mn
Nov 28, 2021 468.40 Mn
Aug 29, 2021 427.90 Mn