Smithfield Foods (SFD) Operating Expenses (2009 - 2026)
Smithfield Foods' (SFD) quarterly Operating Expenses came in at $180.0 million in Q1 2026, down 8.63% YoY from $197.0 million in Q1 2025, and down 12.62% on a QoQ basis from $206.0 million in Q4 2025.
Smithfield Foods (SFD) Operating Expenses (2009 - 2026) Analysis & Trends
Smithfield Foods (SFD) has 12 years of Operating Expenses data on file, last reported at $180.0 million in Q1 2026.
- Quarterly Operating Expenses fell 8.63% year-over-year to $180.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $832.0 million (down 0.6% YoY) and the FY2025 annual result came in at $849.0 million, up 1.07% from the prior year.
- Operating Expenses slipped to $180.0 million in Q1 2026, from $206.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $380.3 million in Q4 2023 to a low of $178.0 million in Q3 2025.
- A 4-year average of $224.8 million and a median of $199.5 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses plunged 35.31% — and 2025, when it surged 38.14%.
- Tracing SFD's Operating Expenses over 4 years: stood at $380.3 million in 2023, then sank by 35.31% to $246.0 million in 2024, then slipped by 16.26% to $206.0 million in 2025, then fell by 12.62% to $180.0 million in 2026.
- The last three Operating Expenses figures came in at $180.0 million (Q1 2026), $206.0 million (Q4 2025), and $178.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | 8.46 Bn |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | 3.70 Bn |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 441.80 Mn |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 3.83 Bn |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 318.62 Mn |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | 362.30 Mn |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 1.52 Bn |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 191.00 Mn |
| 10 | Conagra Brands | 7.80 Bn | 7.58 Bn | 704.10 Mn | 401.10 Mn |
Historic Data
Download 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 |