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

Hormel Foods (HRL) has 18 years of Operating Expenses data on file, last reported at $241.7 million in Q1 2026.

• Quarterly Operating Expenses fell 8.1% year-over-year to $241.7 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $975.3 million (down 5.12% YoY) and the FY2025 annual result came in at $996.6 million, down 0.86% from the prior year.
• Operating Expenses advanced to $241.7 million in Q1 2026 per HRL's latest filing, from $223.5 million in the prior quarter.
• Across five years, Operating Expenses topped out at $291.1 million in Q3 2023 and bottomed at $206.5 million in Q4 2022.
• The 5-year median for Operating Expenses is $238.6 million (2024), against an average of $239.1 million.
• The widest annual swing landed in 2023, when Operating Expenses jumped 31.03%; it then fell 10.79% in 2024.
• Tracing HRL's Operating Expenses over 5 years: stood at $206.5 million in 2022, then advanced by 4.87% to $216.5 million in 2023, then gained by 10.18% to $238.6 million in 2024, then dropped by 6.34% to $223.5 million in 2025, then rose by 8.16% to $241.7 million in 2026.
• Per Business Quant, the three latest HRL Operating Expenses figures stand at $241.7 million (Q1 2026), $223.5 million (Q4 2025), and $258.7 million (Q3 2025).

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