Hormel Foods (HRL) Cost of Revenue (2009 - 2026)
Hormel Foods' (HRL) quarterly Cost of Revenue came in at $2.5 billion in Q2 2026, up 1.64% year-on-year from $2.4 billion in Q2 2025, and down 4.05% on a QoQ basis from $2.6 billion in Q1 2026.
Hormel Foods (HRL) Cost of Revenue (2009 - 2026) Analysis & Trends
Hormel Foods (HRL) has 18 years of Cost of Revenue data on file, last reported at $2.5 billion in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 1.64% year-over-year to $2.5 billion in Q2 2026; TTM through Apr 2026 was $10.3 billion, a 3.45% increase from a year earlier, with the FY2025 full-year figure at $10.2 billion, up 3.19% from the prior year.
- Cost of Revenue for Q2 2026 stood at $2.5 billion, down from $2.6 billion in the prior quarter.
- Over the last five years, Cost of Revenue for HRL reached as high as $2.7 billion in Q4 2025 and fell as low as $2.4 billion in Q2 2024.
- Historically, Cost of Revenue has averaged $2.5 billion across 5 years, with a median of $2.5 billion in 2022.
- On a YoY basis, Cost of Revenue climbed as much as 24.6% in 2022 and fell as far as 5.55% in 2022.
- Year by year, Cost of Revenue stood at $2.7 billion in 2022, then declined by 1.23% to $2.7 billion in 2023, then dropped by 2.49% to $2.6 billion in 2024, then climbed by 4.74% to $2.7 billion in 2025, then decreased by 10.46% to $2.5 billion in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $2.5 billion in Q2 2026, $2.6 billion in Q1 2026, and $2.7 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.29 Bn | 26.20 Bn | 2.22 Bn | 3.83 Bn |
| 2 | General Mills | 19.35 Bn | 18.90 Bn | 1.60 Bn | 3.01 Bn |
| 3 | Hormel Foods | 13.90 Bn | 13.04 Bn | 518.51 Mn | 2.45 Bn |
| 4 | Mccormick | 13.45 Bn | 13.12 Bn | 778.20 Mn | 1.16 Bn |
| 5 | Magnum Ice Cream | 10.95 Bn | 10.43 Bn | - | - |
| 6 | Smithfield Foods | 10.34 Bn | 8.95 Bn | 511.00 Mn | 3.29 Bn |
| 7 | Darling Ingredients | 9.92 Bn | 9.80 Bn | 404.92 Mn | 1.15 Bn |
| 8 | Oatly Group AB | 8.23 Bn | 8.23 Bn | 76.34 Mn | 151.99 Mn |
| 9 | Conagra Brands | 7.07 Bn | 6.85 Bn | 704.10 Mn | 2.18 Bn |
| 10 | Lamb Weston Holdings | 6.87 Bn | 6.81 Bn | 331.60 Mn | 1.23 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 26, 2026 | 2.45 Bn |
| Apr 26, 2026 | 2.45 Bn |
| Jan 25, 2026 | 2.56 Bn |
| Jan 25, 2026 | 2.56 Bn |
| Oct 26, 2025 | 2.74 Bn |
| Oct 26, 2025 | 2.74 Bn |
| Jul 27, 2025 | 2.55 Bn |
| Jul 27, 2025 | 2.55 Bn |
| Apr 27, 2025 | 2.41 Bn |
| Apr 27, 2025 | 2.41 Bn |
| Jan 26, 2025 | 2.51 Bn |
| Jan 26, 2025 | 2.51 Bn |
| Oct 27, 2024 | 2.62 Bn |
| Oct 27, 2024 | 2.62 Bn |
| Jul 28, 2024 | 2.41 Bn |
| Jul 28, 2024 | 2.41 Bn |
| Apr 28, 2024 | 2.38 Bn |
| Apr 28, 2024 | 2.38 Bn |
| Jan 28, 2024 | 2.49 Bn |
| Jan 28, 2024 | 2.49 Bn |