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| 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 |