Filing Flows › Conagra Brands (CAG) › Q4 FY26 › vs Q3 FY26
Conagra Brands (CAG) Q4 FY26 vs Q3 FY26 (quarter over quarter)
Conagra Brands's revenue rose $94.3M (+3%) from $2.8B in Q3 FY26 to $2.9B in Q4 FY26. The biggest changes: Foodservice +$41.5M (+16%); Frozen +$40.0M (+4%); Other Shelf-stable −$29.9M (-5%).
Conagra Brands, Q4 FY26: revenue $2.9B (+4% year over year), operating margin -57.5%, net loss $1.6B, operating cash flow $506M. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Free cash flow margin | 13.8% | 16.8% | -3.0 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Frozen | $1.0B | $962M | $40.0M | +4% |
| Other Shelf-stable | $580M | $610M | −$29.9M | -5% |
| Snacks | $574M | $557M | $17.1M | +3% |
| Foodservice | $302M | $261M | $41.5M | +16% |
| International | $244M | $227M | $17.6M | +8% |
| Refrigerated | $180M | $172M | $8.0M | +5% |
| Revenue | $2.9B | $2.8B | $94.3M | +3% |
| Income tax benefit | $70.9M | −$29.8M | $101M | — |
| Net loss | $1.6B | −$200M | $1.8B | — |
| Costs & expenses | $4.6B | $2.8B | $1.8B | +64% |
| Operating costs | $4.5B | $2.5B | $2.0B | +81% |
| Interest & other, net | $29.5M | $50.5M | −$21.0M | -42% |
| Cost of revenue | $2.2B | $2.1B | $47.9M | +2% |
| Operating cash sources | $2.1B | $365M | $1.8B | +482% |
| Depreciation & amortization | $102M | $101M | $900K | +0.9% |
| Share-based compensation | $5.0M | $16.6M | −$11.6M | -70% |
| Working capital & other | $2.0B | $247M | $1.8B | +718% |
| Net loss absorbed | $1.6B | −$200M | $1.8B | — |
| Operating cash flow | $506M | $564M | −$57.9M | -10% |
| Free cash flow (OCF − capex) | $397M | $469M | −$71.5M | -15% |
| Capital expenditures | $109M | $95.6M | $13.6M | +14% |
Questions
How much did Conagra Brands's revenue grow quarter over quarter in Q4 FY26?
Conagra Brands's revenue rose $94.3M (+3%) from $2.8B in Q3 FY26 to $2.9B in Q4 FY26.
What drove Conagra Brands's revenue change in Q4 FY26?
Foodservice +$41.5M (+16%); Frozen +$40.0M (+4%); Other Shelf-stable −$29.9M (-5%).