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Hormel Foods by the numbers
Hormel Foods (HRL) reported revenue of $2.96B in Q3 2026 (quarter ended Jul 26, 2026), down 2.4% from the same quarter a year earlier. That came with a gross margin of 16% and net income of $60M (2.0% of revenue). For the full year FY2025, revenue was $12.1B (+1.6% year on year) and net income $478M. Its largest segment in Q3 2026 was Retail at $1.78B, 60% of the disclosed total, well ahead of Foodservice at 34%.
| Income statement | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $2.96B | $3.03B | −2.4% |
| Gross profit | $472M | $487M | −3.2% |
| Operating income | $111M | $240M | −54% |
| Net income | $60M | $184M | −68% |
| Diluted EPS | $0.11 | $0.33 | −67% |
| Operating | Revenue | Share |
|---|---|---|
| Retail | $1.78B | 60% |
| Foodservice | $1.00B | 34% |
| International | $179M | 6.0% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q3 2026Total $2.96B (-0.38%)
Foodservice grew +1.6% year on yearInternational -4.7% year on year
Segment Latestquarter on quarteryear on year
- Retail$1.78B$1.78BQoQ -0.57%year on year -4.3%-0.57%-4.3%
- Foodservice$1.00B$1.00BQoQ +0.65%year on year +1.6%+0.65%+1.6%
- International$178.7M$178.7MQoQ -4.0%year on year -4.7%-4.0%-4.7%
Packaged Foods
The closest names by size in the same industry