Filing Flows › Conagra Brands (CAG) › Q4 FY25
Conagra Brands (CAG) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Jul 10, 2025
Conagra Brands (CAG) reported revenue of $2.8B for the fourth quarter fiscal 2025 (Q4 FY25), -4% from a year earlier and -2% from the quarter before. Operating margin was 0.1%, net earnings $256M (9.2% of revenue).
Conagra Brands, Q4 FY25: revenue $2.8B (-4% year over year), operating margin 0.1%, net earnings $256M, operating cash flow $346M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.8B | -2% | -4% |
| Gross profit | $707M | -0.4% | — |
| Operating profit | $3.3M | -99% | — |
| Net earnings | $256M | +76% | — |
| Operating cash flow | $346M | -42% | -29% |
| Free cash flow | $261M | -48% | -36% |
What changed
Revenue was $2.8B in Q4 FY25, down 4% year over year and down 2% from the previous quarter. Frozen was the largest line at 34% of revenue.
Gross margin was 25.4%. Operating profit was $3.3M, a 0.1% margin (up 27.5 points year over year). Net earnings were $0.26B. The effective tax rate was 12.7%. Non-operating items added $0.29B, 99% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $0.35B (down 29% year over year), 135% of net earnings. Non-cash charges added back $0.10B of depreciation and amortization and $0.01B of share-based compensation. Capital expenditures of $0.09B left free cash flow of $0.26B.
Questions
What was Conagra Brands' revenue in the fourth quarter fiscal 2025?
Conagra Brands (CAG) reported revenue of $2.8B for the fourth quarter fiscal 2025 (Q4 FY25), -4% from a year earlier and -2% from the quarter before.
Was Conagra Brands profitable in the fourth quarter fiscal 2025?
Operating profit was $3.3M (0.1% of revenue) and net earnings $256M.
Source: Conagra Brands 10-K on SEC EDGAR.