Mondelez International (MDLZ) Cost of Revenue (2009 - 2026)
Mondelez International (MDLZ) reported Cost of Revenue of $5.37 billion for Q2 2026, down 11.2% from $6.05 billion a year earlier and down 26.2% from the prior quarter.
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Analysis
Mondelez International (MDLZ) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Mondelez International's Cost of Revenue came in at $27.32 billion, up 9.1% year-over-year; for FY2025, it came in at $27.6 billion, up 24.4% from FY2024.
- Cost of Revenue has a five-year compound annual growth rate of 11.3% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $22.18 billion in FY2024 (-0.3%), $22.25 billion in FY2023 (+10.2%), $20.18 billion in FY2022 (+15.6%) and $17.47 billion in FY2021 (+8.2%).
- The Q2 2026 figure ranks as the lowest quarterly Cost of Revenue since Q1 2024.
- Year over year, Cost of Revenue gained in seven of the last eight quarters, with growth averaging 13.9%.
- The high point for year-over-year Cost of Revenue in five years was Q1 2025 (growth of 51.6%); the low point was Q1 2024 (a decline of 20.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $7.28 billion (Q1 2026), $7.54 billion (Q4 2025) and $7.13 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 130.23 Bn | 105.59 Bn | - | - |
| 2 | Mondelez International | 74.27 Bn | 67.59 Bn | 3.99 Bn | 5.37 Bn |
| 3 | Hershey | 32.39 Bn | 28.63 Bn | 1.26 Bn | 1.52 Bn |
| 4 | Kraft Heinz | 26.34 Bn | 12.87 Bn | 2.03 Bn | 4.23 Bn |
| 5 | General Mills | 17.12 Bn | 14.77 Bn | 1.49 Bn | 2.90 Bn |
| 6 | J M Smucker | 12.52 Bn | 12.30 Bn | 979.60 Mn | 1.24 Bn |
| 7 | Mccormick | 12.03 Bn | 11.67 Bn | 794.90 Mn | 1.23 Bn |
| 8 | Hormel Foods | 11.14 Bn | 7.83 Bn | 471.52 Mn | 2.49 Bn |
| 9 | Chewy | 7.29 Bn | 4.58 Bn | 1.01 Bn | 2.32 Bn |
| 10 | Conagra Brands | 6.38 Bn | 5.69 Bn | 618.70 Mn | 1.98 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.37 Bn |
| Mar 31, 2026 | 7.28 Bn |
| Dec 31, 2025 | 7.54 Bn |
| Sep 30, 2025 | 7.13 Bn |
| Jun 30, 2025 | 6.05 Bn |
| Mar 31, 2025 | 6.88 Bn |
| Dec 31, 2024 | 5.89 Bn |
| Sep 30, 2024 | 6.21 Bn |
| Jun 30, 2024 | 5.55 Bn |
| Mar 31, 2024 | 4.54 Bn |
| Dec 31, 2023 | 5.84 Bn |
| Sep 30, 2023 | 5.54 Bn |
| Jun 30, 2023 | 5.15 Bn |
| Mar 31, 2023 | 5.72 Bn |
| Dec 31, 2022 | 5.62 Bn |
| Sep 30, 2022 | 5.15 Bn |
| Jun 30, 2022 | 4.63 Bn |
| Mar 31, 2022 | 4.78 Bn |
| Dec 31, 2021 | 4.83 Bn |
| Sep 30, 2021 | 4.36 Bn |
API Access
Mondelez International Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MDLZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "MDLZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MDLZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();