Hormel Foods (HRL) Net Income (2009 - 2026)
Hormel Foods (HRL) posted quarterly Net Income of $157.4 million for Q2 2026, down 12.44% year-over-year from $179.7 million in Q2 2025, and down 13.42% quarter-over-quarter from $181.8 million in Q1 2026.
Hormel Foods (HRL) Net Income (2009 - 2026) Analysis & Trends
Hormel Foods (HRL) has reported Net Income for 18 consecutive years, with $157.4 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Net Income fell 12.44% year-over-year to $157.4 million; the TTM figure through Apr 2026 stood at $466.6 million (down 37.53% YoY), while the FY2025 annual figure was $477.8 million, down 40.62% from the prior year.
- Net Income eased to $157.4 million in Q2 2026 per HRL's latest filing, from $181.8 million in the prior quarter.
- Across five years, Net Income topped out at $280.0 million in Q4 2022 and bottomed at -$56.2 million in Q4 2025.
- Historically, Net Income has averaged $189.7 million across 5 years, with a median of $192.3 million in 2023.
- Annual changes were most pronounced in 2022 — Net Income rose 23.58% — and 2025, when it plunged 125.55%.
- Hormel Foods' Net Income stood at $280.0 million in 2022, then sank by 30.19% to $195.5 million in 2023, then grew by 12.52% to $220.0 million in 2024, then sank by 125.55% to -$56.2 million in 2025, then jumped by 380.01% to $157.4 million in 2026.
- Business Quant data shows HRL's Net Income at $157.4 million in Q2 2026, $181.8 million in Q1 2026, and -$56.2 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.37 Bn | 27.69 Bn | 2.03 Bn | -5.46 Bn |
| 2 | General Mills | 21.49 Bn | 21.03 Bn | 1.60 Bn | -1.99 Bn |
| 3 | Mccormick | 14.93 Bn | 14.60 Bn | 778.20 Mn | 156.70 Mn |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn | -96.18 Mn |
| 5 | J M Smucker | 13.21 Bn | 13.15 Bn | 862.10 Mn | 388.10 Mn |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn | 157.38 Mn |
| 7 | Magnum Ice Cream | 12.22 Bn | 11.50 Bn | - | - |
| 8 | Darling Ingredients | 10.40 Bn | 10.24 Bn | 503.37 Mn | 389.27 Mn |
| 9 | Smithfield Foods | 8.75 Bn | 7.40 Bn | 478.00 Mn | 235.00 Mn |
| 10 | Conagra Brands | 7.86 Bn | 7.64 Bn | 704.10 Mn | -1.23 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 26, 2026 | 157.38 Mn |
| Jan 25, 2026 | 181.77 Mn |
| Oct 26, 2025 | -56.20 Mn |
| Jul 27, 2025 | 183.70 Mn |
| Apr 27, 2025 | 179.74 Mn |
| Jan 26, 2025 | 170.53 Mn |
| Oct 27, 2024 | 219.96 Mn |
| Jul 28, 2024 | 176.74 Mn |
| Apr 28, 2024 | 189.21 Mn |
| Jan 28, 2024 | 218.73 Mn |
| Oct 29, 2023 | 195.48 Mn |
| Jul 30, 2023 | 162.57 Mn |
| Apr 30, 2023 | 217.22 Mn |
| Jan 29, 2023 | 217.65 Mn |
| Oct 30, 2022 | 280.01 Mn |
| Jul 31, 2022 | 218.83 Mn |
| May 1, 2022 | 261.68 Mn |
| Jan 30, 2022 | 239.71 Mn |
| Oct 31, 2021 | 281.75 Mn |
| Jul 25, 2021 | 177.07 Mn |