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
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