J M Smucker (SJM) Operating Expenses (2009 - 2026)
J M Smucker's (SJM) quarterly Operating Expenses came in at $362.3 million in Q2 2026, down 6.74% YoY from $388.5 million in Q2 2025, and up 341.29% on a QoQ basis from $82.1 million in Q1 2026.
J M Smucker (SJM) Operating Expenses (2009 - 2026) Analysis & Trends
J M Smucker (SJM) has 18 years of Operating Expenses data on file, last reported at $362.3 million in 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 advanced to $362.3 million in Q2 2026, from $82.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.2 billion in Q2 2022 to a low of -$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.
- The widest YoY moves for Operating Expenses: up 542.72% in 2024, down 282.88% in 2024.
- Tracing SJM's Operating Expenses over 5 years: stood at $355.0 million in 2022, then tumbled by 77.94% to $78.3 million in 2023, then rose by 26.31% to $98.9 million in 2024, then fell by 8.7% to $90.3 million in 2025, then soared by 301.22% to $362.3 million in 2026.
- The last three Operating Expenses figures came in at $362.3 million (Q2 2026), $82.1 million (Q1 2026), and $90.3 million (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.43 Bn | 27.75 Bn | 2.03 Bn | 8.46 Bn |
| 2 | General Mills | 21.47 Bn | 21.02 Bn | 1.60 Bn | 3.70 Bn |
| 3 | Mccormick | 15.16 Bn | 14.83 Bn | 778.20 Mn | 441.80 Mn |
| 4 | Jbs | 14.73 Bn | 11.26 Bn | 4.91 Bn | 3.83 Bn |
| 5 | J M Smucker | 13.26 Bn | 13.20 Bn | 862.10 Mn | 362.30 Mn |
| 6 | Hormel Foods | 13.23 Bn | 12.37 Bn | 518.51 Mn | 318.62 Mn |
| 7 | Magnum Ice Cream | 12.17 Bn | 11.45 Bn | - | - |
| 8 | Darling Ingredients | 10.61 Bn | 10.45 Bn | 503.37 Mn | 1.52 Bn |
| 9 | Smithfield Foods | 8.73 Bn | 7.38 Bn | 478.00 Mn | 191.00 Mn |
| 10 | Conagra Brands | 7.84 Bn | 7.63 Bn | 704.10 Mn | 401.10 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 |