Hershey HSY
NYSE HSY
$173.26 +0.11 (+0.06%)
As of: Sep 8, 2026 · 3:59 PM EDT

Hershey (HSY) Operating Expenses (2009 - 2026)

Hershey's (HSY) quarterly Operating Expenses came in at $628.9 million in Q2 2026, up 1.71% year-over-year from $618.3 million in Q2 2025, and up 6.7% quarter-over-quarter from $589.4 million in Q1 2026.

Analysis

Hershey (HSY) Operating Expenses (2009 - 2026) Analysis & Trends

Hershey (HSY) has reported Operating Expenses for 18 consecutive years, with $628.9 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 1.71% year-over-year to $628.9 million in Q2 2026; TTM through Jun 2026 was $2.5 billion, a 2.26% increase from a year earlier, with the FY2025 full-year figure at $2.5 billion, up 1.16% from the prior year.
  • Operating Expenses was $628.9 million for Q2 2026 at Hershey, up from $589.4 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $706.0 million in Q4 2025 and troughed at $525.5 million in Q2 2022.
  • A 5-year average of $606.1 million and a median of $614.7 million in 2025 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses rose 15.51% in 2022 and decreased 7.9% in 2025, its largest moves.
  • Over 5 years, Operating Expenses stood at $618.5 million in 2022, then grew by 6.52% to $658.8 million in 2023, then retreated by 3.54% to $635.5 million in 2024, then grew by 11.1% to $706.0 million in 2025, then dropped by 10.92% to $628.9 million in 2026.
  • The last three Operating Expenses figures came in at $628.9 million (Q2 2026), $589.4 million (Q1 2026), and $706.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Mondelez International 79.28 Bn 77.56 Bn 3.99 Bn 2.01 Bn
2 Hershey 35.12 Bn 34.33 Bn 1.26 Bn 628.91 Mn
3 Tootsie Roll Industries 2.90 Bn 2.76 Bn 52.63 Mn 54.25 Mn
4 J&J Snack Foods 1.57 Bn 1.51 Bn 151.02 Mn 104.74 Mn
5 Utz Brands 1.26 Bn 1.20 Bn 96.20 Mn 101.30 Mn
6 Sanfilippo John B & Son 831.44 Mn 830.29 Mn 44.15 Mn 31.73 Mn
7 Sow Good 65.17 Mn 65.17 Mn - -
8 BranchOut Food 58.99 Mn 58.69 Mn 96,825.00 2.66 Mn
9 Bridgford Foods 53.92 Mn 53.58 Mn 10.86 Mn 14.19 Mn
10 Rocky Mountain Chocolate Factory 8.78 Mn 8.17 Mn 1.41 Mn 7.12 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 28, 2026 628.91 Mn
Mar 29, 2026 589.40 Mn
Dec 31, 2025 705.98 Mn
Sep 28, 2025 611.12 Mn
Jun 29, 2025 618.35 Mn
Mar 30, 2025 584.53 Mn
Dec 31, 2024 635.47 Mn
Sep 29, 2024 641.05 Mn
Jun 30, 2024 579.99 Mn
Mar 31, 2024 634.65 Mn
Dec 31, 2023 658.81 Mn
Oct 1, 2023 623.88 Mn
Jul 2, 2023 573.32 Mn
Apr 2, 2023 583.94 Mn
Dec 31, 2022 618.49 Mn
Oct 2, 2022 552.27 Mn
Jul 3, 2022 544.17 Mn
Apr 3, 2022 525.50 Mn
Dec 31, 2021 555.72 Mn
Oct 3, 2021 489.54 Mn