Filing Flows › Hormel Foods (HRL) › Q4 FY25
Hormel Foods (HRL) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Dec 5, 2025
Hormel Foods (HRL) reported revenue of $3.2B for the fourth quarter fiscal 2025 (Q4 FY25), +2% from a year earlier and +5% from the quarter before. Operating margin was 0.1%, net loss $56.2M (1.8% of revenue).
Hormel Foods, Q4 FY25: revenue $3.2B (+2% year over year), operating margin 0.1%, net loss $56.2M, operating cash flow $323M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.2B | +5% | +2% |
| Operating profit | $2.2M | -99% | -99% |
| Net earnings | −$56.2M | -131% | -126% |
| Operating cash flow | $323M | +106% | -21% |
| Free cash flow | $231M | +174% | -29% |
What changed
Revenue was $3.2B in Q4 FY25, up 2% year over year and up 5% from the previous quarter. Perishable was the largest line at 74% of revenue.
Gross margin was 14.0%, down 2.6 points from Q4 FY24. Operating profit was $2.2M, a 0.1% margin (down 9.3 points year over year). Operating profit fell $0.29B even though revenue rose $0.05B versus Q4 FY24, so costs grew faster than sales. Operating expenses grew 95% against revenue growth of 2%. The quarter ended with a net loss of $0.06B, after a profit of $0.18B the previous quarter.
Operating cash flow was $0.32B (down 21% year over year). Non-cash charges added back $0.07B of depreciation and amortization and $4.2M of share-based compensation. Working capital and other items added $0.31B. Capital expenditures of $0.09B left free cash flow of $0.23B.
Questions
What was Hormel Foods' revenue in the fourth quarter fiscal 2025?
Hormel Foods (HRL) reported revenue of $3.2B for the fourth quarter fiscal 2025 (Q4 FY25), +2% from a year earlier and +5% from the quarter before.
Was Hormel Foods profitable in the fourth quarter fiscal 2025?
Operating profit was $2.2M (0.1% of revenue) and net loss $56.2M.
Source: Hormel Foods 10-K on SEC EDGAR.