Smithfield Foods (SFD) Operating Expenses (2009 - 2026)
Smithfield Foods (SFD) posted Operating Expenses of $191 million for Q2 2026, down 28.7% from $268 million a year earlier but up 6.1% from the prior quarter.
Smithfield Foods (SFD) Operating Expenses (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 28, 2026, Operating Expenses at Smithfield Foods was $755 million, down 17.1% year-over-year; for FY2025, it was $849 million, up 1.1% from FY2024.
- Annual Operating Expenses shows a three-year compound annual growth rate of 1.7% (FY2022 to FY2025).
- In prior years, Smithfield Foods' Operating Expenses was $840 million in FY2024 (-20.0%), $1.05 billion in FY2023 (+30.1%) and $807 million in FY2022.
- Quarterly Operating Expenses has run from a low of $178 million in Q3 2025 to a high of $380.3 million in Q4 2023 over five years.
- On a year-over-year basis, Operating Expenses has declined in each of the last four quarters, with an average decline of 9.0% over the last seven quarters.
- According to Business Quant data, Operating Expenses for the three prior quarters was $180 million (Q1 2026), $206 million (Q4 2025) and $178 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 38.74 Bn | 35.03 Bn | 1.94 Bn | 1.04 Bn |
| 2 | Bunge Global | 20.95 Bn | 18.46 Bn | 1.68 Bn | 606.00 Mn |
| 3 | Tyson Foods | 17.92 Bn | 14.28 Bn | 921.00 Mn | 559.00 Mn |
| 4 | Jbs | 12.87 Bn | -20.24 Bn | 2.59 Bn | 1.99 Bn |
| 5 | Darling Ingredients | 9.56 Bn | 9.16 Bn | 503.37 Mn | 1.52 Bn |
| 6 | Smithfield Foods | 7.54 Bn | 2.49 Bn | 478.00 Mn | 191.00 Mn |
| 7 | Pilgrims Pride | 6.69 Bn | 4.52 Bn | 339.75 Mn | 273.80 Mn |
| 8 | Ingredion | 6.08 Bn | 2.26 Bn | 426.00 Mn | 45.00 Mn |
| 9 | Seaboard | 3.94 Bn | -881.67 Mn | 221.00 Mn | 121.00 Mn |
| 10 | Cal-Maine Foods | 3.16 Bn | 2.05 Bn | 34.07 Mn | 93.59 Mn |
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 |
Smithfield Foods Operating Expenses 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=operating-expenses&ticker=SFD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SFD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=SFD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();