Hormel Foods annual operating expenses
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Hormel Foods Operating Expenses Growth & History (HRL)
Hormel Foods's operating expenses was $1.17B for fiscal 2025.
View full Hormel Foods company overviewHormel Foods annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-10-26 | $1.17B | $219.0M | +22.95% |
| 2024 | 2024-10-27 | $954.2M | $26.4M | +2.85% |
| 2023 | 2023-10-29 | $927.8M | $75.7M | +8.89% |
| 2022 | 2022-10-30 | $852.1M | $46.8M | +5.81% |
| 2021 | 2021-10-31 | $805.3M | $79.6M | +10.96% |
| 2020 | 2020-10-25 | $725.7M | $37.4M | +5.43% |
| 2019 | 2019-10-27 | $688.4M | −$111.1M | −13.90% |
| 2018 | 2018-10-28 | $799.5M | $79.6M | +11.06% |
| 2017 | 2017-10-29 | $719.9M | −$114.4M | −13.71% |
| 2016 | 2016-10-30 | $834.3M | $93.0M | +12.55% |
| 2015 | 2015-10-25 | $741.3M | $107.9M | +17.04% |
| 2014 | 2014-10-26 | $633.4M | $26.5M | +4.37% |
| 2013 | 2013-10-27 | $606.8M | $56.2M | +10.20% |
| 2012 | 2012-10-28 | $550.7M | — | — |
Hormel Foods quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-07-26 | $360.6M | $113.0M | +45.67% |
| Q2 2026 | 2026-04-26 | $301.4M | $65.3M | +27.67% |
| Q1 2026 | 2026-01-25 | $225.9M | −$21.0M | −8.52% |
| Q4 2025 | 2025-10-26 | $442.7M | $215.9M | +95.22% |
| Q3 2025 | 2025-07-27 | $247.6M | −$4.1M | −1.64% |
| Q2 2025 | 2025-04-27 | $236.1M | −$15.4M | −6.13% |
| Q1 2025 | 2025-01-26 | $246.9M | $22.6M | +10.08% |
| Q4 2024 | 2024-10-27 | $226.7M | −$17.6M | −7.22% |
| Q3 2024 | 2024-07-28 | $251.7M | −$29.6M | −10.53% |
| Q2 2024 | 2024-04-28 | $251.5M | $55.9M | +28.56% |
| Q1 2024 | 2024-01-28 | $224.3M | $17.8M | +8.62% |
| Q4 2023 | 2023-10-29 | $244.4M | $45.1M | +22.65% |
| Q3 2023 | 2023-07-30 | $281.3M | $66.3M | +30.83% |
| Q2 2023 | 2023-04-30 | $195.6M | −$23.1M | −10.57% |
| Q1 2023 | 2023-01-29 | $206.5M | −$12.6M | −5.74% |
| Q4 2022 | 2022-10-30 | $199.3M | −$21.1M | −9.59% |
| Q3 2022 | 2022-07-31 | $215.0M | −$855,000 | −0.40% |
| Q2 2022 | 2022-05-01 | $218.7M | $31.9M | +17.04% |
| Q1 2022 | 2022-01-30 | $219.1M | $36.9M | +20.27% |
| Q4 2021 | 2021-10-31 | $220.4M | $39.3M | +21.72% |
| Q3 2021 | 2021-07-25 | $215.9M | $43.0M | +24.89% |
| Q2 2021 | 2021-04-25 | $186.9M | $3.0M | +1.63% |
| Q1 2021 | 2021-01-24 | $182.2M | −$5.8M | −3.08% |
| Q4 2020 | 2020-10-25 | $181.1M | $8.3M | +4.83% |
| Q3 2020 | 2020-07-26 | $172.8M | −$3.9M | −2.23% |
| Q2 2020 | 2020-04-26 | $183.9M | $27.1M | +17.29% |
| Q1 2020 | 2020-01-26 | $187.9M | $5.8M | +3.21% |
| Q4 2019 | 2019-10-27 | $172.7M | −$41.0M | −19.19% |
| Q3 2019 | 2019-07-28 | $176.8M | −$21.6M | −10.87% |
| Q2 2019 | 2019-04-28 | $156.8M | −$34.3M | −17.94% |
| Q1 2019 | 2019-01-27 | $182.1M | −$14.3M | −7.26% |
| Q4 2018 | 2018-10-28 | $213.8M | $34.4M | +19.16% |
| Q3 2018 | 2018-07-29 | $198.4M | $25.7M | +14.85% |
| Q2 2018 | 2018-04-29 | $191.1M | $20.2M | +11.81% |
| Q1 2018 | 2018-01-28 | $196.3M | −$577,000 | −0.29% |
| Q4 2017 | 2017-10-29 | $179.4M | −$53.4M | −22.94% |
| Q3 2017 | 2017-07-30 | $172.7M | −$27.8M | −13.86% |
| Q2 2017 | 2017-04-30 | $170.9M | −$31.7M | −15.63% |
| Q1 2017 | 2017-01-29 | $196.9M | −$1.6M | −0.78% |
| Q4 2016 | 2016-10-30 | $232.8M | $30.2M | +14.93% |
| Q3 2016 | 2016-07-24 | $200.5M | $22.3M | +12.49% |
| Q2 2016 | 2016-04-24 | $202.5M | $20.7M | +11.37% |
| Q1 2016 | 2016-01-24 | $198.5M | $19.8M | +11.10% |
| Q4 2015 | 2015-10-25 | $202.5M | $17.8M | +9.66% |
| Q3 2015 | 2015-07-26 | $178.2M | $38.9M | +27.89% |
| Q2 2015 | 2015-04-26 | $181.9M | $26.2M | +16.83% |
| Q1 2015 | 2015-01-25 | $178.6M | $25.0M | +16.27% |
| Q4 2014 | 2014-10-26 | $184.7M | $22.9M | +14.13% |
| Q3 2014 | 2014-07-27 | $139.4M | −$7.7M | −5.26% |
| Q2 2014 | 2014-04-27 | $155.7M | −$1.6M | −1.00% |
| Q1 2014 | 2014-01-26 | $153.6M | $13.0M | +9.22% |
| Q4 2013 | 2013-10-27 | $161.8M | — | — |
| Q3 2013 | 2013-07-28 | $147.1M | — | — |
| Q2 2013 | 2013-04-28 | $157.2M | — | — |
| Q1 2013 | 2013-01-27 | $140.7M | — | — |
Hormel Foods operating expenses trends
Over the last five fiscal years, Hormel Foods's operating expenses increased from $725.7M to $1.17B, a change of $447.5M. The latest reported quarter, Q3 2026, shows $360.6M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Hormel Foods source filings ↗