J M Smucker (SJM) Operating Expenses (2009 - 2026)
J M Smucker (SJM) posted Operating Expenses of $362.3 million for Q2 2026, up 341.29% on a QoQ basis from $82.1 million in Q1 2026, and down 6.74% year-over-year from $388.5 million in Q2 2025.
J M Smucker (SJM) Operating Expenses (2009 - 2026) Analysis & Trends
J M Smucker's Operating Expenses history runs 18 years deep, the most recent figure standing at $362.3 million for Q2 2026.
- Quarterly Operating Expenses fell 6.74% year-over-year to $362.3 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $918.1 million (down 27.27% YoY) and the FY2026 annual result came in at $1.5 billion, down 3.01% from the prior year.
- Operating Expenses was $362.3 million for Q2 2026 at J M Smucker, up from $82.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $1.2 billion in Q2 2022 and bottomed at -$691.3 million in Q2 2024.
- A 5-year average of $266.2 million and a median of $358.6 million in 2022 frame the typical range for Operating Expenses.
- Peak annual rise in Operating Expenses reached 542.72% in 2024, while the deepest fall reached 282.88% in 2024.
- J M Smucker's Operating Expenses stood at $355.0 million in 2022, then sank by 77.94% to $78.3 million in 2023, then advanced by 26.31% to $98.9 million in 2024, then decreased by 8.7% to $90.3 million in 2025, then surged by 301.22% to $362.3 million in 2026.
- Business Quant data shows SJM's Operating Expenses at $362.3 million in Q2 2026, $82.1 million in Q1 2026, and $90.3 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.05 Bn | 26.07 Bn | 2.22 Bn | 1.07 Bn |
| 2 | General Mills | 19.11 Bn | 18.67 Bn | 1.60 Bn | 3.70 Bn |
| 3 | Hormel Foods | 13.78 Bn | 12.93 Bn | 518.51 Mn | 318.62 Mn |
| 4 | Mccormick | 13.51 Bn | 13.76 Bn | 778.20 Mn | 441.80 Mn |
| 5 | Magnum Ice Cream | 10.87 Bn | 10.35 Bn | - | - |
| 6 | Smithfield Foods | 10.26 Bn | 8.88 Bn | 511.00 Mn | 180.00 Mn |
| 7 | Darling Ingredients | 10.06 Bn | 10.02 Bn | 404.92 Mn | 1.43 Bn |
| 8 | Conagra Brands | 6.88 Bn | 6.66 Bn | 704.10 Mn | 401.10 Mn |
| 9 | Lamb Weston Holdings | 6.84 Bn | 6.78 Bn | 361.40 Mn | 192.60 Mn |
| 10 | J M Smucker | 3.73 Mn | 3.73 Mn | 862.10 Mn | 362.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 362.30 Mn |
| Jan 31, 2026 | 82.10 Mn |
| Oct 31, 2025 | 90.30 Mn |
| Jul 31, 2025 | 383.40 Mn |
| Apr 30, 2025 | 388.50 Mn |
| Jan 31, 2025 | 377.70 Mn |
| Oct 31, 2024 | 98.90 Mn |
| Jul 31, 2024 | 397.20 Mn |
| Apr 30, 2024 | -691.30 Mn |
| Jan 31, 2024 | 473.10 Mn |
| Oct 31, 2023 | 78.30 Mn |
| Jul 31, 2023 | 61.80 Mn |
| Apr 30, 2023 | 378.00 Mn |
| Jan 31, 2023 | 381.50 Mn |
| Oct 31, 2022 | 355.00 Mn |
| Jul 31, 2022 | 69.00 Mn |
| Apr 30, 2022 | 1.17 Bn |
| Jan 31, 2022 | 338.00 Mn |
| Oct 31, 2021 | 72.20 Mn |
| Jul 31, 2021 | 61.20 Mn |