Conagra Brands (CAG) financials
Conagra Brands revenue and earnings by year
Conagra Brands's revenue was $11.3 billion in the fiscal year to May 31, 2026, down 2.9% from the year before. Net income was -$1.92 billion, -17.0% of revenue. Since the fiscal year to May 28, 2017, revenue has grown 4.1% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | May 2026 | May 2025 | May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11.3 | 11.6 | 12.1 | 12.3 | 11.5 | 11.2 | 11.1 | 9.5 | 7.9 | 7.8 |
| Revenue growth | -2.9% | -3.6% | -1.8% | 6.4% | 3.1% | 1.2% | 15.9% | 20.2% | 1.4% | — |
| Gross profit | 2.7 | 3.0 | 3.3 | 3.3 | 2.8 | 3.2 | 3.1 | 2.7 | 2.4 | 2.3 |
| Gross margin | 23.9% | 25.9% | 27.7% | 26.6% | 24.6% | 28.4% | 27.8% | 27.8% | 29.6% | 29.9% |
| Operating income | -1.6 | 1.4 | 0.9 | 1.1 | 1.4 | 1.8 | 1.5 | 1.2 | 1.0 | 0.9 |
| Operating margin | -14.4% | 12.2% | 7.5% | 9.2% | 12.3% | 16.4% | 13.2% | 12.7% | 13.0% | 11.8% |
| Net income | -1.9 | 1.2 | 0.3 | 0.7 | 0.9 | 1.3 | 0.8 | 0.7 | 0.8 | 0.6 |
| Net margin | -17.0% | 9.9% | 2.9% | 5.6% | 7.7% | 11.6% | 7.6% | 7.1% | 10.2% | 8.2% |
| Diluted EPS | -$4.00 | $2.40 | $0.72 | $1.42 | $1.84 | $2.66 | $1.72 | $1.52 | $1.98 | $1.37 |
| Free cash flow | 1.0 | 1.3 | 1.6 | 0.6 | 0.7 | 1.0 | 1.5 | 0.8 | 0.7 | 0.9 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open CAG in Markets.
How Conagra Brands makes money
Revenue by segment in the quarter to August 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Frozen | $878M | 33.8% |
| Other Shelf Stable | $552M | 21.3% |
| Snacks | $499M | 19.2% |
| Foodservice | $273M | 10.5% |
| International | $218M | 8.4% |
| Refrigerated | $176M | 6.8% |
See also: CAG valuation and P/E history · CAG returns
No forecast, no recommendation. This page describes Conagra Brands from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.