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Hormel Foods (HRL) gross margin by quarter

Hormel Foods' gross margin was 15.9% in Q3 FY26 (third quarter fiscal 2026), -1.5 pts from Q2 FY26. Over the last 6 quarters it ranged from 15.5% (Q1 FY26) to 17.4% (Q2 FY26).

Hormel Foods gross margin by quarterHormel Foods gross margin by quarter16.6%Q4 FY2416.7%Q2 FY2516.1%Q3 FY2515.5%Q1 FY2617.4%Q2 FY2615.9%Q3 FY26
QuarterGross marginQ/QY/Y
Q3 FY2615.9%-1.5 pts-0.1 pts
Q2 FY2617.4%+1.9 pts+0.7 pts
Q1 FY2615.5%-0.6 pts—
Q3 FY2516.1%-0.6 pts—
Q2 FY2516.7%+0.1 pts—
Q4 FY2416.6%——

Q3 FY26 at a glance

Hormel Foods, Q3 FY26: revenue $3.0B (-2% year over year), operating margin 3.7%, net earnings $59.5M, operating cash flow $241M. The chart follows the revenue to costs, profit and cash.

Questions

What is Hormel Foods' gross margin?

Hormel Foods' gross margin was 15.9% in Q3 FY26 (third quarter fiscal 2026), -1.5 pts from Q2 FY26.

How has Hormel Foods' gross margin changed?

Over the last 6 quarters it ranged from 15.5% (Q1 FY26) to 17.4% (Q2 FY26).

Q3 FY26 results → · How Hormel Foods makes money →