Smithfield Foods (SFD) Operating Expenses (2009 - 2026)
Smithfield Foods' (SFD) quarterly Operating Expenses came in at $191.0 million in Q2 2026, down 28.73% on a YoY basis from $268.0 million in Q2 2025, and up 6.11% quarter-over-quarter from $180.0 million in Q1 2026.
Analysis
Smithfield Foods (SFD) Operating Expenses (2009 - 2026) Analysis & Trends
Smithfield Foods (SFD) has reported Operating Expenses for 12 consecutive years, with $191.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 28.73% year-over-year to $191.0 million; the trailing twelve-month figure through Jun 2026 stood at $755.0 million (down 17.12% YoY), and the FY2025 full-year result was $849.0 million, up 1.07% from the prior year.
- Operating Expenses climbed to $191.0 million in Q2 2026 per SFD's latest filing, from $180.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $380.3 million in Q4 2023 and bottomed at $178.0 million in Q3 2025.
- Historically, Operating Expenses has averaged $221.8 million across 4 years, with a median of $199.0 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses sank 35.31% in 2024, then soared 38.14% in 2025.
- Over 4 years, Operating Expenses stood at $380.3 million in 2023, then tumbled by 35.31% to $246.0 million in 2024, then declined by 16.26% to $206.0 million in 2025, then dropped by 7.28% to $191.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $191.0 million, $180.0 million, and $206.0 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 | Tyson Foods | 18.09 Bn | 17.46 Bn | 921.00 Mn | 559.00 Mn |
| 2 | Jbs | 14.47 Bn | 11.00 Bn | 4.91 Bn | 3.83 Bn |
| 3 | Smithfield Foods | 8.65 Bn | 7.61 Bn | 478.00 Mn | 191.00 Mn |
| 4 | Pilgrims Pride | 7.26 Bn | 6.88 Bn | 339.75 Mn | 273.80 Mn |
| 5 | Seaboard | 4.14 Bn | 2.95 Bn | 221.00 Mn | 121.00 Mn |
| 6 | Cal-Maine Foods | 3.50 Bn | 3.40 Bn | 34.07 Mn | 93.59 Mn |
| 7 | Beyond Meat | 202.71 Mn | 25.82 Mn | 5.87 Mn | 36.68 Mn |
| 8 | Wing Yip Food Holdings | 51.09 Mn | -34.29 Mn | 10.36 Mn | -6.70 Mn |
| 9 | Aquabounty Technologies | 5.92 Mn | 4.02 Mn | - | 799,258.00 |
| 10 | Nocera | 2.82 Mn | -1.97 Mn | 17,998.00 | 1.19 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 191.00 Mn |
| Mar 29, 2026 | 180.00 Mn |
| Dec 28, 2025 | 206.00 Mn |
| Sep 28, 2025 | 178.00 Mn |
| Jun 29, 2025 | 268.00 Mn |
| Mar 30, 2025 | 197.00 Mn |
| Dec 29, 2024 | 246.00 Mn |
| Sep 30, 2024 | 200.00 Mn |
| Jun 30, 2024 | 194.00 Mn |
| Mar 31, 2024 | 199.00 Mn |
| Dec 31, 2023 | 380.30 Mn |
| Oct 2, 2016 | 233.80 Mn |
| Jul 3, 2016 | 227.80 Mn |
| Apr 3, 2016 | 208.10 Mn |
| Jan 3, 2016 | 280.40 Mn |
| Sep 27, 2015 | 238.40 Mn |
| Jun 28, 2015 | 232.60 Mn |
| Mar 29, 2015 | 221.90 Mn |
| Dec 28, 2014 | 249.20 Mn |
| Sep 28, 2014 | 218.40 Mn |