The financials
Conagra Brands by the numbers
Conagra Brands (CAG) reported revenue of $2.88B in Q4 2026 (quarter ended May 31, 2026), up 3.6% from the same quarter a year earlier. That came with a gross margin of 24% and net loss of $1.62B. For the full year FY2026, revenue was $11.3B (−2.9% year on year) and net income −$1.92B. Its largest product in 2026-Q1 was Frozen at $962M, 34% of the disclosed total, just ahead of Other Shelf Stable at 22%.
| Income statement | Q4 2026 | Q4 2025 | Change |
|---|---|---|---|
| Revenue | $2.88B | $2.78B | +3.6% |
| Gross profit | $704M | $707M | −0.4% |
| Operating income | −$1.66B | $321M | to a loss |
| Net income | −$1.62B | $256M | to a loss |
| Diluted EPS | −$3.37 | $0.53 | to a loss |
| Product | Revenue | Share |
|---|---|---|
| Frozen | $962M | 34% |
| Other Shelf Stable | $610M | 22% |
| Snacks | $557M | 20% |
| Foodservice | $261M | 9.4% |
| International | $227M | 8.1% |
| Refrigerated | $172M | 6.2% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $2.79B (-6.4%)
Snacks grew +5.5% year on yearOther Shelf Stable -15% year on year
Segment Latestquarter on quarteryear on year
- Frozen$961.5M$961.5MQoQ -8.9%year on year +1.8%-8.9%+1.8%
- Other Shelf Stable$610.4M$610.4MQoQ -2.4%year on year -15%-2.4%-15%
- Snacks$556.7M$556.7MQoQ -4.7%year on year +5.5%-4.7%+5.5%
- Foodservice$260.7M$260.7MQoQ -9.6%year on year +1.8%-9.6%+1.8%
- International$226.8M$226.8MQoQ -1.6%year on year +1.3%-1.6%+1.3%
- Refrigerated$171.7M$171.7MQoQ -12%year on year +0.29%-12%+0.29%