Smithfield Foods (SFD) Operating Expenses (2009 - 2026)
Smithfield Foods (SFD) posted Operating Expenses of $180.0 million for Q1 2026, down 12.62% on a QoQ basis from $206.0 million in Q4 2025, and down 8.63% year-over-year from $197.0 million in Q1 2025.
Smithfield Foods (SFD) Operating Expenses (2009 - 2026) Analysis & Trends
Smithfield Foods' Operating Expenses history runs 12 years deep, the most recent figure standing at $180.0 million for 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 was $180.0 million for Q1 2026 at Smithfield Foods, down from $206.0 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.
- 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 tumbled 35.31% — and 2025, when it surged 38.14%.
- Smithfield Foods' 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 decreased by 12.62% to $180.0 million in 2026.
- Business Quant data shows SFD's Operating Expenses at $180.0 million in Q1 2026, $206.0 million in Q4 2025, and $178.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.29 Bn | 26.20 Bn | 2.22 Bn | 1.07 Bn |
| 2 | General Mills | 19.35 Bn | 18.90 Bn | 1.60 Bn | 3.70 Bn |
| 3 | Hormel Foods | 13.90 Bn | 13.04 Bn | 518.51 Mn | 318.62 Mn |
| 4 | Mccormick | 13.45 Bn | 13.12 Bn | 778.20 Mn | 441.80 Mn |
| 5 | Magnum Ice Cream | 10.95 Bn | 10.43 Bn | - | - |
| 6 | Smithfield Foods | 10.34 Bn | 8.95 Bn | 511.00 Mn | 180.00 Mn |
| 7 | Darling Ingredients | 9.92 Bn | 9.80 Bn | 404.92 Mn | 1.43 Bn |
| 8 | Oatly Group AB | 8.23 Bn | 8.23 Bn | 76.34 Mn | -88.35 Mn |
| 9 | Conagra Brands | 7.07 Bn | 6.85 Bn | 704.10 Mn | 401.10 Mn |
| 10 | Lamb Weston Holdings | 6.87 Bn | 6.81 Bn | 331.60 Mn | 205.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 29, 2014 | 219.20 Mn |