Campbell'S (CPB) Operating Expenses (2009 - 2026)
Campbell'S (CPB) posted Operating Expenses of $2.1 billion for Q2 2026, down 7.16% on a QoQ basis from $2.3 billion in Q1 2026, and down 8.08% year-over-year from $2.3 billion in Q2 2025.
Analysis
Campbell'S (CPB) Operating Expenses (2009 - 2026) Analysis & Trends
Campbell'S has reported Operating Expenses for 18 years, with the latest figure at $2.1 billion in 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 was $2.1 billion for Q2 2026 at Campbell'S, down from $2.3 billion in the prior quarter.
- The five-year high for Operating Expenses was $2.4 billion in Q4 2024, with the low at $1.8 billion in Q3 2023.
- Average Operating Expenses over 5 years is $2.1 billion, with a median of $2.1 billion recorded in 2022.
- The sharpest annual moves came in 2022 and 2026: Operating Expenses rose 24.28% in 2022, then declined 8.08% in 2026.
- Over 5 years, Operating Expenses stood at $2.1 billion in 2022, then advanced by 0.98% to $2.2 billion in 2023, then grew by 11.34% to $2.4 billion in 2024, then declined by 2.66% to $2.3 billion in 2025, then dropped by 9.14% to $2.1 billion in 2026.
- The last three Operating Expenses figures came in at $2.1 billion (Q2 2026), $2.3 billion (Q1 2026), and $2.3 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 29.22 Bn | 26.54 Bn | 2.03 Bn | 8.46 Bn |
| 2 | General Mills | 19.94 Bn | 19.49 Bn | 1.60 Bn | 3.70 Bn |
| 3 | Mccormick | 13.84 Bn | 13.51 Bn | 778.20 Mn | 441.80 Mn |
| 4 | J M Smucker | 13.17 Bn | 13.13 Bn | 979.60 Mn | 411.10 Mn |
| 5 | Hormel Foods | 11.54 Bn | 10.67 Bn | 471.52 Mn | 323.50 Mn |
| 6 | Chewy | 8.46 Bn | 7.94 Bn | 1.01 Bn | 882.90 Mn |
| 7 | Conagra Brands | 7.25 Bn | 7.03 Bn | 704.10 Mn | 401.10 Mn |
| 8 | Lamb Weston Holdings | 6.67 Bn | 6.60 Bn | 361.40 Mn | 192.60 Mn |
| 9 | Campbell'S | 6.51 Bn | 6.10 Bn | 650.00 Mn | 2.13 Bn |
| 10 | Post Holdings | 3.66 Bn | 3.39 Bn | 566.30 Mn | 326.10 Mn |
Historic Data
Download Data
Historic 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 |