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Segments

By segment

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Grocery And Snacks$124M+11.8%
Refrigerated And Frozen$110.1M+12.9%
International$31.4M+21.2%
Foodservice$22.9M+13.9%

Other financials

Income statement

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Revenue$2.9B+3.6%
Gross profit$704.1M-0.4%
Operating income-$1.7B-617%
Net income-$1.6B-732%
EPS (diluted)-$3.37-736%

Balance sheet

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Cash & equivalents$218.0M+221%
Total debt$481.3M-63.4%
Total equity$8.9B+5.8%
Total assets$17.3B-17.5%

Cash flow

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Operating cash flow$506.5M+46.5%
CapEx$109.2M+28.3%
Free cash flow$397.3M+52.5%

Valuation

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Market cap$7.18B-20.5%
Enterprise value$7.45B-27.6%
P/S0.6×-0.1×

Profitability

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Gross margin23.9%-1.9pp
Operating margin-14.4%-26.2pp
Net margin-17%-26.9pp
FCF margin8.7%-2.5pp

Returns & leverage

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Return on equity13.3%
Debt / equity0.1×0.0×
Current ratio0.9×+0.2×

Where this comes from

Reported directly by Conagra Brands in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

The source filing: Conagra Brands’s 10-K, filed July 15, 2026.

Filed
Jul 15, 2026, 4:31 PM EDT
Fiscal year
FY2026
Accession
0001104659-26-083905
Line itemFor the Fiscal Years Ended May / 2026For the Fiscal Years Ended May / 2025For the Fiscal Years Ended May / 2024
Net sales$11,281.6$11,612.8$12,050.9
Cost of goods sold8,583.28,609.38,717.5
Gross profit$2,698.4$3,003.5$3,333.4
Selling, general and administrative expenses1,439.41,537.31,487.5
Goodwill impairment charges2,382.4526.5
Other intangible asset impairment charges547.272.1430.2
Loss (gain) on divestitures(42.2)29.536.4
Operating profit (loss)$(1,628.4)$1,364.6$852.8

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Conagra Brands's SG&A?
Conagra Brands (CAG) reported SG&A of $401.1M in Q1 2026.
How has Conagra Brands's SG&A changed year-over-year?
Conagra Brands's SG&A increased by 20.5% year-over-year, from $333M to $401.1M.
What is the long-term trend for Conagra Brands's SG&A?
Over 4 years (2022 to 2026), Conagra Brands's SG&A has grown at a -0.9% compound annual growth rate (CAGR), from $1.49B to $1.44B.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

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