Campbell'S (CPB) Operating Expenses (2009 - 2026)

Campbell'S's Operating Expenses history runs 18 years deep, the most recent figure standing at $2.3 billion for Q1 2026.

• In Q1 2026, Operating Expenses fell 2.84% year-over-year to $2.3 billion; the TTM figure through Feb 2026 stood at $9.0 billion (down 1.12% YoY), while the FY2025 annual figure was $9.1 billion, up 5.71% from the prior year.
• Operating Expenses was $2.3 billion for Q1 2026 at Campbell'S, down from $2.3 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $2.4 billion in Q4 2024 to a low of $1.8 billion in Q3 2023.
• Historically, Operating Expenses has averaged $2.1 billion across 5 years, with a median of $2.1 billion in 2022.
• The sharpest annual moves came in 2022 and 2025: Operating Expenses increased 24.28% in 2022, then fell 7.4% in 2025.
• A 5-year view of Operating Expenses shows it 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 declined by 2.14% to $2.3 billion in 2026.
• The last three Operating Expenses figures came in at $2.3 billion (Q1 2026), $2.3 billion (Q4 2025), and $2.1 billion (Q3 2025), per Business Quant data.