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
DateValue
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