J M Smucker SJM
NYSE SJM
$122.08 -1.23 (-1.00%)
As of: Sep 10, 2026 · 1:48 PM EDT

J M Smucker (SJM) Operating Expenses (2009 - 2026)

J M Smucker's (SJM) quarterly Operating Expenses came in at $411.1 million in Q3 2026, up 7.22% on a YoY basis from $383.4 million in Q3 2025, and up 13.47% quarter-over-quarter from $362.3 million in Q2 2026.

Analysis

J M Smucker (SJM) Operating Expenses (2009 - 2026) Analysis & Trends

J M Smucker (SJM) has reported Operating Expenses for 18 consecutive years, with $411.1 million the latest figure, recorded in Q3 2026.

  • For the quarter ending Q3 2026, Operating Expenses rose 7.22% year-over-year to $411.1 million; the trailing twelve-month figure through Jul 2026 stood at $1.5 billion (changed 0.36% YoY), and the FY2026 full-year result was $1.5 billion, down 3.01% from the prior year.
  • Operating Expenses improved to $411.1 million in Q3 2026 per SJM's latest filing, from $362.3 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $473.1 million in Q1 2024 and bottomed at $313.6 million in Q3 2023.
  • Historically, Operating Expenses has averaged $380.2 million across 5 years, with a median of $378.0 million in 2023.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses rose 26.66% in 2024, then declined 20.16% in 2025.
  • Over 5 years, Operating Expenses stood at $355.0 million in 2022, then declined by 4.14% to $340.3 million in 2023, then rose by 17.95% to $401.4 million in 2024, then grew by 0.6% to $403.8 million in 2025, then grew by 1.81% to $411.1 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $411.1 million, $362.3 million, and $368.2 million for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Kraft Heinz 29.01 Bn 26.33 Bn 2.03 Bn 8.46 Bn
2 General Mills 19.40 Bn 18.95 Bn 1.60 Bn 3.70 Bn
3 Mccormick 13.76 Bn 13.43 Bn 778.20 Mn 441.80 Mn
4 J M Smucker 13.05 Bn 13.00 Bn 979.60 Mn 411.10 Mn
5 Hormel Foods 11.44 Bn 10.57 Bn 471.52 Mn 323.50 Mn
6 Chewy 8.81 Bn 8.29 Bn 1.01 Bn 882.90 Mn
7 Conagra Brands 7.07 Bn 6.85 Bn 704.10 Mn 401.10 Mn
8 Lamb Weston Holdings 6.60 Bn 6.53 Bn 361.40 Mn 192.60 Mn
9 Campbell'S 6.25 Bn 5.85 Bn 650.00 Mn 2.13 Bn
10 Post Holdings 3.62 Bn 3.35 Bn 566.30 Mn 326.10 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 411.10 Mn
Apr 30, 2026 362.30 Mn
Jan 31, 2026 368.20 Mn
Oct 31, 2025 403.80 Mn
Jul 31, 2025 383.40 Mn
Apr 30, 2025 388.50 Mn
Jan 31, 2025 377.70 Mn
Oct 31, 2024 401.40 Mn
Jul 31, 2024 397.20 Mn
Apr 30, 2024 449.40 Mn
Jan 31, 2024 473.10 Mn
Oct 31, 2023 340.30 Mn
Jul 31, 2023 313.60 Mn
Apr 30, 2023 378.00 Mn
Jan 31, 2023 381.50 Mn
Oct 31, 2022 355.00 Mn
Jul 31, 2022 345.20 Mn
Apr 30, 2022 355.50 Mn
Jan 31, 2022 338.00 Mn
Oct 31, 2021 349.00 Mn