Hormel Foods HRL
NYSE HRL
$23.88 -0.20 (-0.83%)
At close: Aug 21, 2026 · 4:04 PM EDT

Hormel Foods (HRL) Cost of Revenue (2009 - 2026)

Hormel Foods (HRL) posted quarterly Cost of Revenue of $2.5 billion for Q2 2026, up 1.64% year-over-year from $2.4 billion in Q2 2025, and down 4.05% quarter-over-quarter from $2.6 billion in Q1 2026.

Hormel Foods (HRL) Cost of Revenue (2009 - 2026) Analysis & Trends

Hormel Foods (HRL) has reported Cost of Revenue for 18 consecutive years, with $2.5 billion the latest figure, recorded in Q2 2026.

  • In Q2 2026, Cost of Revenue rose 1.64% year-over-year to $2.5 billion; the TTM figure through Apr 2026 stood at $10.3 billion (up 3.45% YoY), while the FY2025 annual figure was $10.2 billion, up 3.19% from the prior year.
  • Cost of Revenue fell to $2.5 billion in Q2 2026 per HRL's latest filing, from $2.6 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $2.7 billion in Q4 2025 and bottomed at $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.
  • Hormel Foods' Cost of Revenue stood at $2.7 billion in 2022, then slipped by 1.23% to $2.7 billion in 2023, then decreased by 2.49% to $2.6 billion in 2024, then gained by 4.74% to $2.7 billion in 2025, then fell by 10.46% to $2.5 billion in 2026.
  • Business Quant data shows HRL's Cost of Revenue at $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 30.37 Bn 27.69 Bn 2.03 Bn 4.23 Bn
2 General Mills 21.49 Bn 21.03 Bn 1.60 Bn 3.01 Bn
3 Mccormick 14.93 Bn 14.60 Bn 778.20 Mn 1.16 Bn
4 Jbs 14.80 Bn 11.34 Bn 4.91 Bn 40.60 Bn
5 J M Smucker 13.21 Bn 13.15 Bn 862.10 Mn 1.41 Bn
6 Hormel Foods 13.14 Bn 12.28 Bn 518.51 Mn 2.45 Bn
7 Magnum Ice Cream 12.22 Bn 11.50 Bn - -
8 Darling Ingredients 10.40 Bn 10.24 Bn 503.37 Mn 1.22 Bn
9 Smithfield Foods 8.75 Bn 7.40 Bn 478.00 Mn 3.22 Bn
10 Conagra Brands 7.86 Bn 7.64 Bn 704.10 Mn 2.18 Bn

Historic Data

Download Data
DateValue
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