Hormel FoodsHRLEarnings & Financial Report
Hormel Foods Corporation, doing business as Hormel Foods or simply Hormel, is an American multinational food processing company founded in 1891 in Austin, Minnesota, by George A. Hormel as George A. Hormel & Company. The company originally focused on the packaging and selling of ham, sausage and other pork, chicken, beef and lamb products to consumers, adding Spam in 1937. By the 1980s, Hormel began offering a wider range of packaged and refrigerated foods.
HRL Q2 FY2026 Key Financial Metrics
Revenue
$3.0B
Gross Profit
$469.6M
Operating Profit
$243.7M
Net Profit
$181.8M
Gross Margin
15.5%
Operating Margin
8.0%
Net Margin
6.0%
YoY Growth
1.0%
EPS
$0.33
Hormel Foods Q2 FY2026 Financial Summary
Hormel Foods reported revenue of $3.0B (up 1.0% YoY) for Q2 FY2026, with a net profit of $181.8M (up 6.6% YoY) (6.0% margin). Cost of goods sold was $2.6B, operating expenses totaled $225.9M.
Key Financial Metrics
| Total Revenue | $3.0B |
|---|---|
| Net Profit | $181.8M |
| Gross Margin | 15.5% |
| Operating Margin | 8.0% |
| Report Period | Q2 FY2026 |
Hormel Foods Annual Revenue by Year
Hormel Foods annual revenue history includes year-by-year totals (for example, 2025 revenue was $12.1B).
Hormel Foods Quarterly Revenue & Net Profit History
Hormel Foods results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2026 | $3.0B | +1.0% | $181.8M | 6.0% |
| Q4 FY2025 | $3.2B | +1.5% | $-56.1M | -1.8% |
| Q3 FY2025 | $3.0B | +4.6% | $183.7M | 6.1% |
| Q2 FY2025 | $2.9B | +0.4% | $180.0M | 6.2% |
| Q1 FY2025 | $3.0B | -0.3% | $170.6M | 5.7% |
| Q4 FY2024 | $3.1B | -1.9% | $220.2M | 7.0% |
| Q3 FY2024 | $2.9B | -2.2% | $176.7M | 6.1% |
| Q2 FY2024 | $2.9B | -3.0% | $189.3M | 6.6% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.89B | $2.90B | $3.14B | $2.99B | $2.90B | $3.03B | $3.19B | $3.03B |
| YoY Growth | -3.0% | -2.2% | -1.9% | -0.3% | 0.4% | 4.6% | 1.5% | 1.0% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $14.14B | $13.11B | $13.43B | $13.40B | $13.42B | $13.50B | $13.39B | $13.32B |
| Liabilities | $6.25B | $5.25B | $5.44B | $5.38B | $5.39B | $5.41B | $5.49B | N/A |
| Equity | $7.89B | $7.87B | $7.99B | $8.03B | $8.03B | $8.08B | $7.90B | N/A |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $236.1M | $218.0M | $408.6M | $309.2M | $56.4M | $156.7M | $322.9M |