Hormel Foods (HRL) Operating Expenses (2009 - 2026)

Hormel Foods (HRL) reported Operating Expenses of $318.6 million for Q2 2026, up 26.72% year-over-year from $251.4 million in Q2 2025, and up 31.83% quarter-over-quarter from $241.7 million in Q1 2026.

Hormel Foods (HRL) Operating Expenses (2009 - 2026) Analysis & Trends

Hormel Foods (HRL) has 18 years of Operating Expenses data on file, last reported at $318.6 million in Q2 2026.

  • Operating Expenses for Q2 2026 came in at $318.6 million, up 26.72% year-over-year; the trailing twelve-month figure through Apr 2026 was $1.0 billion (up 2.94% YoY), and the FY2025 annual result was $996.6 million, down 0.86% from the prior year.
  • Operating Expenses climbed to $318.6 million in Q2 2026 per HRL's latest filing, from $241.7 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $318.6 million in Q2 2026 and troughed at $206.5 million in Q4 2022.
  • A 5-year average of $243.5 million and a median of $239.5 million in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses soared 31.03% in 2023, then decreased 10.79% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $206.5 million in 2022, then grew by 4.87% to $216.5 million in 2023, then climbed by 10.18% to $238.6 million in 2024, then fell by 6.34% to $223.5 million in 2025, then surged by 42.58% to $318.6 million in 2026.
  • Business Quant data shows HRL's Operating Expenses at $318.6 million in Q2 2026, $241.7 million in Q1 2026, and $223.5 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Paranovus Entertainment Technology 12,507.92 Bn 12,507.92 Bn - -
2 Kraft Heinz 27.05 Bn 22.98 Bn 2.22 Bn 1.07 Bn
3 General Mills 17.93 Bn 17.16 Bn 1.37 Bn 837.30 Mn
4 Jbs 13.56 Bn 8.99 Bn 2.32 Bn -1.84 Bn
5 Hormel Foods 13.29 Bn 12.44 Bn 518.51 Mn 318.62 Mn
6 Mccormick 12.45 Bn 12.85 Bn 708.90 Mn 456.30 Mn
7 Magnum Ice Cream 11.94 Bn 11.47 Bn - -
8 J M Smucker 11.83 Bn 11.77 Bn 862.10 Mn 362.30 Mn
9 Smithfield Foods 9.80 Bn 8.73 Bn 511.00 Mn 180.00 Mn
10 Darling Ingredients 8.51 Bn 8.55 Bn 404.92 Mn 1.43 Bn

Historic Data

Download Data
DateValue
Apr 26, 2026 318.62 Mn
Jan 25, 2026 241.70 Mn
Oct 26, 2025 223.47 Mn
Jul 27, 2025 258.71 Mn
Apr 27, 2025 251.43 Mn
Jan 26, 2025 263.01 Mn
Oct 27, 2024 238.59 Mn
Jul 28, 2024 259.65 Mn
Apr 28, 2024 266.67 Mn
Jan 28, 2024 240.39 Mn
Oct 29, 2023 216.55 Mn
Jul 30, 2023 291.07 Mn
Apr 30, 2023 212.49 Mn
Jan 29, 2023 222.06 Mn
Oct 30, 2022 206.49 Mn
Jul 31, 2022 222.15 Mn
May 1, 2022 224.66 Mn
Jan 30, 2022 225.97 Mn
Oct 31, 2021 230.44 Mn
Jul 25, 2021 226.28 Mn