Hormel Foods (HRL) r&d spend was $35M in FY2025 (-2% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual R&D Spend
Fiscal Year
R&D Spend
YoY
2025
$35M
-2%
2024
$36M
+7%
2023
$34M
-3%
2022
$35M
+3%
2021
$34M
+5%
2020
$32M
-2%
2019
$32M
-4%
2018
$34M
-1%
2017
$34M
-1%
2016
$35M
+8%
2015
$32M
+7%
2014
$30M
+0%
2013
$30M
+0%
2012
$30M
+1%
2011
$29M
+7%
2010
$28M
+9%
2009
$25M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q3 2025
$35M
Q3 2024
$36M
Q3 2023
$34M
Q3 2022
$35M
Q3 2021
$34M
Q3 2020
$32M
Q3 2019
$32M
Q3 2018
$34M
Q3 2017
$34M
Q3 2016
$35M
Q3 2015
$32M
Q3 2014
$30M
Source: HRL on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.