The financials
Hormel Foods by the numbers
Hormel Foods (HRL) reported revenue of $2.97B in Q2 2026 (quarter ended April 26, 2026), up 2.5% from the same quarter a year earlier. That came with a gross margin of 17% and net income of $157M (5.3% of revenue). For the full year FY2025, revenue was $12.1B (+1.6% year on year) and net income $478M. Its largest segment in 2026-Q2 was Retail at $1.79B, 60% of the disclosed total, just ahead of Foodservice at 34%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $2.97B | $2.90B | +2.5% |
| Gross profit | $519M | $484M | +7.0% |
| Operating income | $217M | $248M | −13% |
| Net income | $157M | $180M | −13% |
| Diluted EPS | $0.29 | $0.33 | −12% |
| Operating | Revenue | Share |
|---|---|---|
| Retail | $1.79B | 60% |
| Foodservice | $997M | 34% |
| International | $186M | 6.3% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $2.97B (-1.8%)
Foodservice grew +6.4% year on yearRetail +0.33% year on year
Segment Latestquarter on quarteryear on year
- Retail$1.79B$1.79BQoQ -3.1%year on year +0.33%-3.1%+0.33%
- Foodservice$996.7M$996.7MQoQ -0.15%year on year +6.4%-0.15%+6.4%
- International$186.2M$186.2MQoQ +2.7%year on year +4.3%+2.7%+4.3%