Lamb Weston Holdings (LW) Operating Expenses (2015 - 2026)

Lamb Weston Holdings (LW) posted quarterly Operating Expenses of $192.6 million for Q2 2026, up 23.07% year-on-year from $156.5 million in Q2 2025, and down 6.05% on a QoQ basis from $205.0 million in Q1 2026.

Lamb Weston Holdings (LW) Operating Expenses (2015 - 2026) Analysis & Trends

Lamb Weston Holdings (LW) has reported Operating Expenses for 12 consecutive years, with $192.6 million the latest figure, recorded in Q2 2026.

  • Quarterly Operating Expenses rose 23.07% year-over-year to $192.6 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $768.6 million (up 4.79% YoY) and the FY2026 annual result came in at $768.6 million, up 4.79% from the prior year.
  • Operating Expenses retreated to $192.6 million in Q2 2026 per LW's latest filing, from $205.0 million in the prior quarter.
  • Over the last five years, Operating Expenses for LW reached as high as $259.3 million in Q4 2024 and fell as low as $87.2 million in Q1 2022.
  • A 5-year average of $164.4 million and a median of $174.6 million in 2024 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2023 — Operating Expenses surged 62.77% — and 2025, when it decreased 28.62%.
  • Year by year, Operating Expenses stood at $109.8 million in 2022, then soared by 54.83% to $170.0 million in 2023, then soared by 52.53% to $259.3 million in 2024, then slipped by 28.62% to $185.1 million in 2025, then climbed by 4.05% to $192.6 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $192.6 million, $205.0 million, and $185.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Kraft Heinz 30.05 Bn 26.07 Bn 2.22 Bn 1.07 Bn
2 General Mills 19.11 Bn 18.67 Bn 1.60 Bn 3.70 Bn
3 Hormel Foods 13.78 Bn 12.93 Bn 518.51 Mn 318.62 Mn
4 Mccormick 13.51 Bn 13.76 Bn 778.20 Mn 441.80 Mn
5 Magnum Ice Cream 10.87 Bn 10.35 Bn - -
6 Smithfield Foods 10.26 Bn 8.88 Bn 511.00 Mn 180.00 Mn
7 Darling Ingredients 10.06 Bn 10.02 Bn 404.92 Mn 1.43 Bn
8 Conagra Brands 6.88 Bn 6.66 Bn 704.10 Mn 401.10 Mn
9 Lamb Weston Holdings 6.84 Bn 6.78 Bn 361.40 Mn 192.60 Mn
10 Pilgrims Pride 6.64 Bn 6.11 Bn 345.49 Mn 182.93 Mn

Historic Data

Download Data
DateValue
May 31, 2026 192.60 Mn
Feb 22, 2026 205.00 Mn
Nov 23, 2025 185.10 Mn
Aug 24, 2025 185.90 Mn
May 25, 2025 156.50 Mn
Feb 23, 2025 173.80 Mn
Nov 24, 2024 259.30 Mn
Aug 25, 2024 143.90 Mn
May 26, 2024 175.40 Mn
Feb 25, 2024 179.80 Mn
Nov 26, 2023 170.00 Mn
Aug 27, 2023 176.20 Mn
May 28, 2023 192.40 Mn
Feb 26, 2023 131.50 Mn
Nov 27, 2022 109.80 Mn
Aug 28, 2022 116.30 Mn
May 29, 2022 118.20 Mn
Feb 27, 2022 87.20 Mn
Nov 28, 2021 91.10 Mn
Aug 29, 2021 91.10 Mn