Kraft Heinz (KHC) Operating Expenses (2013 - 2026)
Kraft Heinz's (KHC) quarterly Operating Expenses came in at $8.5 billion in Q2 2026, down 16.72% on a YoY basis from $10.2 billion in Q2 2025, and up 687.62% quarter-over-quarter from $1.1 billion in Q1 2026.
Analysis
Kraft Heinz (KHC) Operating Expenses (2013 - 2026) Analysis & Trends
Kraft Heinz (KHC) has reported Operating Expenses for 14 consecutive years, with $8.5 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 16.72% year-over-year to $8.5 billion; the trailing twelve-month figure through Jun 2026 stood at $11.5 billion (down 26.36% YoY), and the FY2025 full-year result was $13.0 billion, up 78.15% from the prior year.
- Operating Expenses grew to $8.5 billion in Q2 2026 per KHC's latest filing, from $1.1 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $10.2 billion in Q2 2025 and bottomed at $816.0 million in Q1 2022.
- Historically, Operating Expenses has averaged $2.1 billion across 5 years, with a median of $1.1 billion in 2022.
- The widest YoY moves for Operating Expenses: up 473.19% in 2025, down 57.8% in 2025.
- Over 5 years, Operating Expenses stood at $1.1 billion in 2022, then fell by 10.63% to $1.0 billion in 2023, then soared by 124.68% to $2.3 billion in 2024, then sank by 56.76% to $988.0 million in 2025, then soared by 756.17% to $8.5 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $8.5 billion, $1.1 billion, and $988.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 28.93 Bn | 26.25 Bn | 2.03 Bn | 8.46 Bn |
| 2 | General Mills | 19.30 Bn | 18.85 Bn | 1.60 Bn | 3.70 Bn |
| 3 | Mccormick | 13.76 Bn | 13.43 Bn | 778.20 Mn | 441.80 Mn |
| 4 | J M Smucker | 12.92 Bn | 12.88 Bn | 979.60 Mn | 411.10 Mn |
| 5 | Hormel Foods | 11.47 Bn | 10.60 Bn | 471.52 Mn | 323.50 Mn |
| 6 | Chewy | 8.74 Bn | 8.22 Bn | 1.01 Bn | 882.90 Mn |
| 7 | Conagra Brands | 7.04 Bn | 6.82 Bn | 704.10 Mn | 401.10 Mn |
| 8 | Lamb Weston Holdings | 6.57 Bn | 6.50 Bn | 361.40 Mn | 192.60 Mn |
| 9 | Campbell'S | 6.23 Bn | 5.83 Bn | 650.00 Mn | 2.13 Bn |
| 10 | Post Holdings | 3.62 Bn | 3.36 Bn | 566.30 Mn | 326.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 8.46 Bn |
| Mar 28, 2026 | 1.07 Bn |
| Dec 27, 2025 | 988.00 Mn |
| Sep 27, 2025 | 965.00 Mn |
| Jun 28, 2025 | 10.16 Bn |
| Mar 29, 2025 | 868.00 Mn |
| Dec 28, 2024 | 2.29 Bn |
| Sep 28, 2024 | 2.29 Bn |
| Jun 29, 2024 | 1.77 Bn |
| Mar 30, 2024 | 941.00 Mn |
| Dec 30, 2023 | 1.02 Bn |
| Sep 30, 2023 | 1.58 Bn |
| Jul 1, 2023 | 885.00 Mn |
| Apr 1, 2023 | 870.00 Mn |
| Dec 31, 2022 | 1.14 Bn |
| Sep 24, 2022 | 1.09 Bn |
| Jun 25, 2022 | 1.44 Bn |
| Mar 26, 2022 | 816.00 Mn |
| Dec 25, 2021 | 2.18 Bn |
| Sep 25, 2021 | 872.00 Mn |