R&D expense · 2011–2025

Hormel Foods R&D expense

$35.2M−2.5% · FY2025

Hormel Foods (HRL) reported $35.2M in R&D expense for fiscal 2025, −2.5% year on year.

$29.4M2011$29.8M2012$29.9M2013$29.9M2014$32.0M2015$34.7M2016$34.2M2017$33.8M2018$32.5M2019$31.9M2020$33.6M2021$34.7M2022$33.7M2023$36.1M2024$35.2M2025
Hormel Foods — R&D expense, 2011–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-10-26$35.2M−2.5%Open →
FY20242024-10-27$36.1M+7.1%Open →
FY20232023-10-29$33.7M−2.9%Open →
FY20222022-10-30$34.7M+3.3%Open →
FY20212021-10-31$33.6M+5.3%Open →
FY20202020-10-25$31.9M−1.8%Open →
FY20192019-10-27$32.5M−3.8%Open →
FY20182018-10-28$33.8M−1.2%Open →
FY20172017-10-29$34.2M−1.4%Open →
FY20162016-10-30$34.7M+8.4%Open →
FY20152015-10-25$32.0M+7.0%Open →
FY20142014-10-26$29.9M0.0%Open →
FY20132013-10-27$29.9M+0.3%Open →
FY20122012-10-28$29.8M+1.4%Open →
FY20112011-10-30$29.4M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +1.3%

R&D expense at companies of similar size

Full ranking by R&D expense →

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Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Hormel Foods R&D expense |url=https://companiesranked.com/en/company/hormel-foods/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Hormel Foods R&D expense. CompaniesRanked. https://companiesranked.com/en/company/hormel-foods/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-hormel-foods-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Hormel Foods R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/hormel-foods/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

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