Conagra Brands, Inc. (CAG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 2.79B | 2.98B | 2.63B | 2.78B | 2.84B | 3.2B | 2.79B | 2.91B | 3.03B | 3.21B | 2.9B | 2.97B | 3.09B | 3.31B | 2.9B | 2.91B | 2.91B | 3.06B | 2.65B | 2.74B |
| Revenue Growth % | -1.87% | -6.76% | -5.81% | -4.27% | -6.33% | -0.41% | -3.76% | -2.27% | -1.74% | -3.16% | -0.01% | 2.18% | 5.93% | 8.3% | 9.46% | 6.22% | 5.15% | 2.13% | -0.96% | -16.68% |
| Cost of Goods Sold | 2.13B | 2.28B | 1.99B | 2.07B | 2.13B | 2.35B | 2.06B | 2.1B | 2.17B | 2.36B | 2.08B | 2.19B | 2.25B | 2.39B | 2.18B | 2.2B | 2.22B | 2.3B | 1.98B | 2.02B |
| COGS % of Revenue | 76.41% | 76.56% | 75.67% | 74.58% | 75% | 73.5% | 73.55% | 72.3% | 71.68% | 73.61% | 71.66% | 73.65% | 72.82% | 72.16% | 75.2% | 75.48% | 76.07% | 75.32% | 74.62% | 73.66% |
| Gross Profit | 657.7M | 698.4M | 640.6M | 707.2M | 710.3M | 846.7M | 739.3M | 804.9M | 858.8M | 846.6M | 823.1M | 783.4M | 838.8M | 922.3M | 720.3M | 713.4M | 697.2M | 754.8M | 673.4M | 721.7M |
| Gross Margin % | 23.59% | 23.44% | 24.33% | 25.42% | 25% | 26.5% | 26.45% | 27.7% | 28.32% | 26.39% | 28.34% | 26.35% | 27.18% | 27.84% | 24.8% | 24.52% | 23.93% | 24.68% | 25.38% | 26.34% |
| Gross Profit Growth % | -7.41% | -17.52% | -13.35% | -12.14% | -17.29% | 0.01% | -10.18% | 2.74% | 2.38% | -8.21% | 14.27% | 9.81% | 20.31% | 22.19% | 6.96% | -1.15% | -8.07% | -15.09% | -16.88% | -21.79% |
| Operating Expenses | 377.6M | 327.1M | 293.2M | 333M | 443.7M | 444.1M | 337.7M | 1.36B | 387.4M | 398.1M | 334.1M | 726.4M | 348.8M | 372.7M | 741.6M | 499.3M | 338M | 345.4M | 310.1M | 435.3M |
| OpEx % of Revenue | 13.54% | 10.98% | 11.14% | 11.97% | 15.62% | 13.9% | 12.08% | 46.84% | 12.77% | 12.41% | 11.5% | 24.43% | 11.3% | 11.25% | 25.53% | 17.16% | 11.6% | 11.29% | 11.69% | 15.89% |
| Selling, General & Admin | 377.6M | 327.1M | 335.6M | 333M | 443.7M | 444.1M | 335.4M | 1.36B | 387.4M | 398.1M | 334.1M | 726.4M | 348.8M | 372.7M | 741.6M | 499.3M | 338M | 345.4M | 310.1M | 435.3M |
| SG&A % of Revenue | 13.54% | 10.98% | 12.75% | 11.97% | 15.62% | 13.9% | 12% | 46.84% | 12.77% | 12.41% | 11.5% | 24.43% | 11.3% | 11.25% | 25.53% | 17.16% | 11.6% | 11.29% | 11.69% | 15.89% |
| Research & Development | 0 | 0 | 0 | 60.8M | 0 | 0 | 0 | 61.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | 2.19% | - | - | - | 2.11% | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | -1000K | -1000K | 0 | 0 | 1000K | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 280.1M | 371.3M | 347.4M | 374.2M | 266.6M | 402.6M | 401.6M | -556.1M | 471.4M | 448.5M | 489M | 57M | 490M | 549.6M | -21.3M | 214.1M | 359.2M | 409.4M | 363.3M | 286.4M |
| Operating Margin % | 10.05% | 12.46% | 13.2% | 13.45% | 9.38% | 12.6% | 14.37% | -19.14% | 15.54% | 13.98% | 16.84% | 1.92% | 15.88% | 16.59% | -0.73% | 7.36% | 12.33% | 13.38% | 13.69% | 10.45% |
| Operating Income Growth % | 5.06% | -7.77% | -13.5% | 167.29% | -43.45% | -10.23% | -17.87% | -1075.61% | -3.8% | -18.4% | 2395.77% | -73.38% | 36.41% | 34.25% | -105.86% | -25.24% | -19.95% | -22.93% | -28.75% | -26.71% |
| EBITDA | 381.5M | 468.3M | 442.7M | 469.5M | 364.9M | 500.1M | 500.7M | -446.9M | 567.2M | 547.8M | 585.6M | 149.9M | 581.5M | 642.1M | 71.7M | 303.9M | 451.3M | 506.4M | 459.8M | 384.5M |
| EBITDA Margin % | 13.68% | 15.72% | 16.82% | 16.88% | 12.84% | 15.65% | 17.91% | -15.38% | 18.7% | 17.08% | 20.17% | 5.04% | 18.84% | 19.38% | 2.47% | 10.44% | 15.49% | 16.55% | 17.33% | 14.04% |
| EBITDA Growth % | 4.55% | -6.36% | -11.58% | 205.06% | -35.67% | -8.71% | -14.5% | -398.13% | -2.46% | -14.69% | 716.74% | -50.67% | 28.85% | 26.8% | -84.41% | -20.96% | -17.24% | -19.49% | -24.01% | -21.08% |
| D&A (Non-Cash Add-back) | 101.4M | 97M | 95.3M | 95.3M | 98.3M | 97.5M | 99.1M | 109.2M | 95.8M | 99.3M | 96.6M | 92.9M | 91.5M | 92.5M | 93M | 89.8M | 92.1M | 97M | 96.5M | 98.1M |
| EBIT | 323.2M | -556.1M | 385.5M | 395.6M | 290.3M | 454.8M | 434.7M | -363.7M | 512.6M | 503.2M | 525.3M | 64.3M | 497.1M | 556.3M | -14.3M | 234.1M | 375.8M | 425.8M | 379.7M | 300M |
| Net Interest Income | -93.1M | -95.4M | -93.1M | -101.1M | -100.9M | -108.2M | -105.8M | -104.7M | -106.5M | -113.3M | -106M | -108M | -104.2M | -100.3M | -97.1M | -96.2M | -94.6M | -94.9M | -94.2M | -98.4M |
| Interest Income | 500K | 3.8M | 2.6M | 600K | 400K | 600K | 900K | 2.4M | 1.4M | 800K | 1.1M | 1.3M | 1.1M | 600K | 900K | 1M | 500K | 300K | 300K | 300K |
| Interest Expense | 93.6M | 99.2M | 95.7M | 101.8M | 101.3M | 108.8M | 106.7M | 107.1M | 107.9M | 114.1M | 107.1M | 109.3M | 105.3M | 100.9M | 98M | 97.2M | 95.1M | 95.2M | 94.5M | 98.7M |
| Other Income/Expense | -50.5M | -1.03B | -58.3M | -81M | -77.6M | -56.6M | -73.6M | -45.7M | -66.7M | -59.4M | -70.8M | -39M | -47.7M | -44.9M | -41.8M | -29.7M | -30.4M | -49.3M | -57.9M | -51.7M |
| Pretax Income | 229.6M | -655.3M | 289.1M | 293.2M | 189M | 346M | 328M | -601.8M | 404.7M | 389.1M | 418.2M | 18M | 442.3M | 504.7M | -63.1M | 184.4M | 328.8M | 360.1M | 305.4M | 234.7M |
| Pretax Margin % | 8.24% | -22% | 10.98% | 10.54% | 6.65% | 10.83% | 11.74% | -20.71% | 13.34% | 12.13% | 14.4% | 0.61% | 14.33% | 15.23% | -2.17% | 6.34% | 11.28% | 11.77% | 11.51% | 8.57% |
| Income Tax | 29.8M | 8.3M | 124.6M | 37.2M | 43.9M | 61.5M | -138.9M | -34.6M | 95.9M | 102.9M | 98.3M | -18.3M | 100.1M | 122.5M | 14.4M | 26.7M | 109.9M | 84.2M | 69.7M | -75.2M |
| Effective Tax Rate % | 12.98% | -1.27% | 43.1% | 12.69% | 23.23% | 17.77% | -42.35% | 5.75% | 23.7% | 26.45% | 23.51% | -101.67% | 22.63% | 24.27% | -22.82% | 14.48% | 33.42% | 23.38% | 22.82% | -32.04% |
| Net Income | 199.8M | -663.6M | 164.5M | 256M | 145.1M | 284.5M | 466.8M | -567.3M | 308.6M | 286.2M | 319.7M | 37.5M | 341.7M | 381.9M | -77.5M | 158.9M | 218.4M | 275.5M | 235.4M | 309.5M |
| Net Margin % | 7.17% | -22.28% | 6.25% | 9.2% | 5.11% | 8.9% | 16.7% | -19.52% | 10.18% | 8.92% | 11.01% | 1.26% | 11.07% | 11.53% | -2.67% | 5.46% | 7.5% | 9.01% | 8.87% | 11.3% |
| Net Income Growth % | 37.7% | -333.25% | -64.76% | 145.13% | -52.98% | -0.59% | 46.01% | -1612.8% | -9.69% | -25.06% | 512.52% | -76.4% | 56.46% | 38.62% | -132.92% | -48.66% | -22.39% | -27.29% | -28.45% | 53.67% |
| Net Income (Continuing) | 199.8M | -663.6M | 164.5M | 256M | 145.1M | 284.5M | 466.9M | -567.2M | 308.8M | 286.2M | 319.9M | 36.3M | 342.2M | 382.2M | -77.5M | 157.7M | 218.9M | 275.9M | 235.7M | 309.9M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 70.9M | 70.6M | 70.2M | 70.6M | 70.5M | 71.9M | 71.4M | 72.4M | 74.5M | 78.7M | 77.9M | 78.9M | 79.6M |
| EPS (Diluted) | 0.42 | -1.39 | 0.34 | 0.53 | 0.30 | 0.59 | 0.97 | -1.18 | 0.64 | 0.60 | 0.67 | 0.08 | 0.71 | 0.79 | -0.16 | 0.33 | 0.45 | 0.57 | 0.49 | 0.64 |
| EPS Growth % | 40% | -335.59% | -64.95% | 144.92% | -53.13% | -1.67% | 44.78% | -1575% | -9.86% | -24.05% | 518.75% | -75.76% | 57.78% | 38.6% | -132.65% | -48.44% | -22.41% | -25.97% | -26.87% | 56.1% |
| EPS (Basic) | 0.42 | -1.39 | 0.34 | 0.54 | 0.30 | 0.60 | 0.97 | -1.18 | 0.64 | 0.60 | 0.67 | 0.08 | 0.72 | 0.80 | -0.16 | 0.33 | 0.45 | 0.57 | 0.49 | 0.64 |
| Diluted Shares Outstanding | 478.9M | 478.8M | 479.6M | 478.2M | 479.3M | 479.3M | 480.3M | 478.8M | 480M | 479.8M | 479.8M | 479.7M | 479.4M | 480.9M | 480.6M | 482.5M | 482.2M | 481.9M | 482.3M | 482.7M |
| Basic Shares Outstanding | 478.9M | 478.8M | 478.7M | 478.2M | 478.1M | 478M | 478.8M | 478.8M | 478.8M | 478.7M | 478.2M | 477.7M | 477.5M | 479.4M | 480.6M | 480.4M | 480.3M | 480.2M | 480.4M | 480.6M |
| Dividend Payout Ratio | 83.78% | - | 101.58% | 65.23% | 115.16% | 58.98% | 35.84% | - | 54.21% | 58.46% | 49.23% | 419.73% | 46.18% | 41.53% | - | 94.34% | 68.64% | 54.41% | 56.12% | 42.94% |