Conagra Brands, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $11.28B | $11.61B | $12.05B | $12.28B | $11.54B | $11.18B | $11.05B | $9.54B |
| Cost of Revenue | $8.58B | $8.61B | $8.72B | $9.01B | $8.70B | $8.01B | $7.98B | $6.89B |
| Gross Profit | $2.70B | $3.00B | $3.33B | $3.26B | $2.84B | $3.18B | $3.07B | $2.65B |
| Gross Margin | 23.9% | 25.9% | 27.7% | 26.6% | 24.6% | 28.4% | 27.8% | 27.8% |
| Operating Expenses | ||||||||
| Research & Development | $62.7M | $60.8M | $61.4M | $57.7M | $53.4M | $51.3M | $56.4M | $56.1M |
| SG&A Expense | $1.44B | $1.54B | $1.49B | $1.43B | $1.49B | $1.40B | $1.62B | $1.47B |
| Operating Income | $-1.63B | $1.36B | $852.8M | $1.08B | $1.59B | $2.14B | $1.82B | $1.64B |
| Operating Margin | -14.4% | 11.8% | 7.1% | 8.8% | 13.8% | 19.1% | 16.4% | 17.2% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-1.82B | $1.16B | $610.2M | $901.9M | $1.18B | $1.49B | $1.04B | $899.1M |
| Income Tax Expense | $91.8M | $3.7M | $262.5M | $218.7M | $290.5M | $193.8M | $201.3M | $218.8M |
| Net Income | $-1.92B | $1.15B | $347.2M | $683.6M | $888.2M | $1.30B | $840.1M | $678.3M |
| Net Margin | -17.0% | 9.9% | 2.9% | 5.6% | 7.7% | 11.6% | 7.6% | 7.1% |
| EPS (Basic) | $-4.00 | $2.41 | $0.73 | $1.43 | $1.85 | $2.67 | $1.72 | $1.53 |
| EPS (Diluted) | $-4.00 | $2.40 | $0.72 | $1.42 | $1.84 | $2.66 | $1.72 | $1.52 |
| Shares Outstanding (Basic) | 479.0M | 478.3M | 478.6M | 478.9M | 480.3M | 485.8M | 487.3M | 444.0M |
| Shares Outstanding (Diluted) | 479.0M | 479.7M | 480.0M | 480.7M | 482.2M | 487.8M | 488.6M | 445.6M |
| Dividends Per Share | $1.40 | $1.40 | $1.40 | $1.32 | $1.25 | $1.04 | $0.85 | $0.85 |