Campbell'S (CPB) Operating Expenses (2009 - 2026)
Campbell'S's (CPB) quarterly Operating Expenses came in at $2.1 billion in Q2 2026, down 8.08% year-on-year from $2.3 billion in Q2 2025, and down 7.16% quarter-over-quarter from $2.3 billion in Q1 2026.
Campbell'S (CPB) Operating Expenses (2009 - 2026) Analysis & Trends
Campbell'S's Operating Expenses history runs 18 years deep, the most recent figure standing at $2.1 billion for Q2 2026.
- On a quarterly basis, Operating Expenses fell 8.08% year-over-year to $2.1 billion in Q2 2026; TTM through May 2026 was $8.8 billion, a 5.19% decrease from a year earlier, with the FY2025 full-year figure at $9.1 billion, up 5.71% from the prior year.
- Operating Expenses retreated to $2.1 billion in Q2 2026 per CPB's latest filing, from $2.3 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $2.4 billion in Q4 2024 and bottomed at $1.8 billion in Q3 2023.
- The 5-year median for Operating Expenses is $2.1 billion (2022), against an average of $2.1 billion.
- Across the five-year window, Operating Expenses gained 24.28% in 2022 and fell 8.08% in 2026, its largest moves.
- Year by year, Operating Expenses stood at $2.1 billion in 2022, then gained by 0.98% to $2.2 billion in 2023, then climbed by 11.34% to $2.4 billion in 2024, then dropped by 2.66% to $2.3 billion in 2025, then slipped by 9.14% to $2.1 billion in 2026.
- Per Business Quant, the three latest CPB Operating Expenses figures stand at $2.1 billion (Q2 2026), $2.3 billion (Q1 2026), and $2.3 billion (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 | Campbell'S | 6.50 Bn | 6.10 Bn | 650.00 Mn | 2.13 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 3, 2026 | 2.13 Bn |
| Feb 1, 2026 | 2.29 Bn |
| Nov 2, 2025 | 2.34 Bn |
| Aug 3, 2025 | 2.05 Bn |
| Apr 27, 2025 | 2.31 Bn |
| Jan 26, 2025 | 2.36 Bn |
| Oct 27, 2024 | 2.41 Bn |
| Jul 28, 2024 | 2.22 Bn |
| Apr 28, 2024 | 2.12 Bn |
| Jan 28, 2024 | 2.14 Bn |
| Oct 29, 2023 | 2.16 Bn |
| Jul 30, 2023 | 1.80 Bn |
| Apr 30, 2023 | 1.98 Bn |
| Jan 29, 2023 | 2.14 Bn |
| Oct 30, 2022 | 2.14 Bn |
| Jul 31, 2022 | 1.82 Bn |
| May 1, 2022 | 1.84 Bn |
| Jan 30, 2022 | 1.89 Bn |
| Oct 31, 2021 | 1.86 Bn |
| Aug 1, 2021 | 1.46 Bn |