Hormel Foods annual r&d spending
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Hormel Foods R&D Spending Growth & History (HRL)
Hormel Foods's r&d spending was $35.2M for fiscal 2025.
View full Hormel Foods company overviewHormel Foods annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-10-26 | $35.2M | −$900,000 | −2.49% |
| 2024 | 2024-10-27 | $36.1M | $2.4M | +7.12% |
| 2023 | 2023-10-29 | $33.7M | −$1.0M | −2.88% |
| 2022 | 2022-10-30 | $34.7M | $1.1M | +3.27% |
| 2021 | 2021-10-31 | $33.6M | $1.7M | +5.33% |
| 2020 | 2020-10-25 | $31.9M | −$600,000 | −1.85% |
| 2019 | 2019-10-27 | $32.5M | −$1.3M | −3.85% |
| 2018 | 2018-10-28 | $33.8M | −$400,000 | −1.17% |
| 2017 | 2017-10-29 | $34.2M | −$500,000 | −1.44% |
| 2016 | 2016-10-30 | $34.7M | $2.7M | +8.44% |
| 2015 | 2015-10-25 | $32.0M | $2.1M | +7.02% |
| 2014 | 2014-10-26 | $29.9M | $0 | 0.00% |
| 2013 | 2013-10-27 | $29.9M | $100,000 | +0.34% |
| 2012 | 2012-10-28 | $29.8M | $400,000 | +1.36% |
| 2011 | 2011-10-30 | $29.4M | $1.8M | +6.52% |
| 2010 | 2010-10-31 | $27.6M | $2.2M | +8.66% |
| 2009 | 2009-10-25 | $25.4M | — | — |
Hormel Foods r&d spending trends
Over the last five fiscal years, Hormel Foods's r&d spending increased from $31.9M to $35.2M, a change of $3.3M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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