Campbell'S (CPB) Operating Expenses (2009 - 2026)
Campbell'S (CPB) posted quarterly Operating Expenses of $2.1 billion for Q2 2026, down 8.08% year-over-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.
- In Q2 2026, Operating Expenses fell 8.08% year-over-year to $2.1 billion; the TTM figure through May 2026 stood at $8.8 billion (down 5.19% YoY), while the FY2025 annual figure was $9.1 billion, up 5.71% from the prior year.
- Operating Expenses for Q2 2026 stood at $2.1 billion, 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.
- The 5-year median for Operating Expenses is $2.1 billion (2022), against an average of $2.1 billion.
- The sharpest annual moves came in 2022 and 2026: Operating Expenses grew 24.28% in 2022, then slipped 8.08% in 2026.
- Campbell'S's Operating Expenses stood at $2.1 billion in 2022, then rose by 0.98% to $2.2 billion in 2023, then advanced by 11.34% to $2.4 billion in 2024, then slipped by 2.66% to $2.3 billion in 2025, then decreased by 9.14% to $2.1 billion in 2026.
- Business Quant data shows CPB's Operating Expenses at $2.1 billion in Q2 2026, $2.3 billion in Q1 2026, and $2.3 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | 8.46 Bn |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | 3.70 Bn |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 441.80 Mn |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 3.83 Bn |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 318.62 Mn |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | 362.30 Mn |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 1.52 Bn |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 191.00 Mn |
| 10 | Campbell'S | 7.08 Bn | 6.68 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 |