Conagra Brands Inc (CAG) financial statements: income statement, balance sheet and cash flow
Conagra Brands Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (May 31, 2026 · FY), Conagra Brands Inc reported revenue of $11.3B (-2.9% year on year) and net income of ($1.9B) (-266.3% year on year).
Income statement
Conagra Brands Inc income statement, fiscal years
Line item
May 31, 2026 · FY
May 25, 2025 · FY
May 26, 2024 · FY
May 28, 2023 · FY
Net sales
$11.3B
$11.6B
($12.1B)
$12.3B
Cost of goods sold
$8.6B
$8.6B
$8.7B
$9.0B
Gross profit
$2.7B
$3.0B
—
—
Selling, general and administrative expenses
$1.4B
$1.5B
$2.5B
$2.2B
Goodwill impairment charges
$2.4B
—
—
—
Other intangible asset impairment charges
$547.2M
$72.1M
—
—
Loss (gain) on divestitures
($42.2M)
$29.5M
—
—
Operating profit (loss)
($1.6B)
$1.4B
—
—
Pension and postretirement non-service income
$45.9M
$25.9M
$10.3M
($24.2M)
Interest expense, net
$382.6M
$416.7M
$430.5M
$409.6M
Equity method investment earnings
$140.7M
$182.4M
$177.6M
$212.0M
Income (loss) before income taxes
($1.8B)
$1.2B
$610.2M
—
Income tax expense
$91.8M
$3.7M
$262.5M
$218.7M
Net income (loss)
($1.9B)
$1.2B
$347.7M
$683.2M
Net income (loss) attributable to Conagra Brands, Inc.
($1.9B)
$1.2B
$347.2M
$683.6M
Net income (loss) attributable to Conagra Brands, Inc. common stockholders (in dollars per share)
-$4.00
$2.41
$0.73
$1.43
Conagra Brands Inc income statement, quarters
Line item
Aug 30, 2026 · Q1
Feb 22, 2026 · Q3
Nov 23, 2025 · Q2
Aug 24, 2025 · Q1
Net sales
$2.6B
$2.8B
$3.0B
$2.6B
Cost of goods sold
$2.0B
$2.1B
$2.3B
$2.0B
Gross profit
$618.7M
$657.7M
$696.0M
$640.6M
Selling, general and administrative expenses
$350.3M
$377.6M
$325.1M
$335.6M
Operating profit
$268.4M
$280.1M
($597.6M)
$347.4M
Pension and postretirement non-service income
$5.9M
$6.1M
$6.1M
$6.1M
Interest expense, net
$91.8M
$93.1M
$96.0M
$93.8M
Equity method investment earnings
$50.4M
$36.5M
$32.2M
$29.4M
Income before income taxes
$232.9M
$229.6M
($655.3M)
$289.1M
Income tax expense
$58.6M
$29.8M
$8.3M
$124.6M
Net income
$174.3M
$199.8M
($663.6M)
$164.5M
Net income
$0.36
$0.42
-$1.39
$0.34
Balance sheet
Conagra Brands Inc balance sheet, fiscal years
Line item
May 31, 2026 · FY
May 25, 2025 · FY
May 26, 2024 · FY
May 28, 2023 · FY
Cash and cash equivalents
$218.0M
$68.0M
$77.7M
$93.9M
Receivables, less allowance for doubtful accounts of $3.9 and $3.6
$658.2M
$770.0M
$871.8M
$965.4M
Inventories
$1.9B
$2.0B
$2.1B
$2.2B
Prepaid expenses and other current assets
$100.5M
$90.6M
$85.0M
$93.7M
Total current assets
$2.9B
$3.1B
$3.1B
$3.4B
Land and land improvements
$165.2M
$160.7M
$169.0M
$166.9M
Buildings, machinery and equipment
$5.8B
$5.5B
$5.5B
$5.0B
Furniture, fixtures, office equipment and other
$689.5M
$670.0M
$686.9M
$689.4M
Construction in progress
$233.0M
$227.1M
$249.4M
$317.6M
Property, plant and equipment gross
$6.8B
—
$6.6B
$6.2B
Less accumulated depreciation
($4.0B)
($3.7B)
($3.7B)
($3.4B)
Property, plant and equipment, net
$2.9B
$2.8B
$2.9B
$2.8B
Goodwill
$8.1B
$10.5B
$10.6B
$11.2B
Brands, trademarks and other intangibles, net
$1.8B
$2.4B
$2.7B
$3.2B
Other assets
$1.6B
$1.6B
$1.4B
$1.5B
Noncurrent assets held for sale
$13.0M
$533.0M
$89.2M
—
Assets
$17.3B
$20.9B
$20.9B
$22.1B
Notes payable
$34.2M
$804.7M
$928.4M
$641.4M
Current installments of long-term debt
$778.2M
$1.0B
$20.3M
$1.5B
Accounts and other payables
$1.5B
$1.6B
$1.5B
$1.5B
Accrued payroll
$201.7M
$146.0M
$193.3M
$164.1M
Other accrued liabilities
$660.6M
$744.7M
$591.3M
$589.8M
Total current liabilities
$3.2B
$4.3B
$3.2B
$4.4B
Senior long-term debt, excluding current installments
$6.5B
$6.2B
$7.5B
$7.1B
Deferred income taxes
$693.4M
$810.3M
—
—
Other noncurrent liabilities
$579.4M
$639.6M
$1.6B
$1.7B
Total liabilities
$10.9B
$12.0B
$12.4B
$13.2B
Common stock of $5 par value, authorized 1,200,000,000 shares; issued 584,219,229
2.9B
2.9B
2.9B
2.9B
Additional paid-in capital
$2.3B
$2.3B
$2.4B
$2.4B
Retained earnings
$4.2B
$6.8B
$6.3B
$6.6B
Accumulated other comprehensive income (loss)
$7.4M
$16.3M
($35.5M)
($44.4M)
Less treasury stock, at cost, 105,666,163 and 106,846,304 common shares
-3.1B
-3.1B
-3.1B
-3.1B
Total stockholders' equity
$6.4B
$8.9B
$8.5B
$8.8B
Liabilities and Equity
$17.3B
$20.9B
$20.9B
$22.1B
Conagra Brands Inc balance sheet, quarters
Line item
Aug 30, 2026
Feb 22, 2026
Nov 23, 2025
Aug 24, 2025
Cash and cash equivalents
$371.6M
$55.1M
$46.6M
$698.1M
Receivables, less allowance for doubtful accounts of $4.0 and $3.9
$677.0M
$757.0M
$835.5M
$756.5M
Inventories
$2.2B
$1.9B
$2.2B
$2.3B
Prepaid expenses and other current assets
$143.9M
$135.1M
$144.4M
$127.3M
Current assets held for sale
$13.3M
—
—
—
Total current assets
$3.4B
$2.9B
$3.2B
$3.8B
Property, plant and equipment
$6.8B
$6.7B
$6.7B
$6.6B
Less accumulated depreciation
($4.0B)
($3.9B)
($3.9B)
($3.8B)
Property, plant and equipment, net
$2.8B
$2.8B
$2.8B
$2.8B
Goodwill
$8.1B
$9.7B
$9.7B
$10.5B
Brands, trademarks and other intangibles, net
$1.8B
$2.2B
$2.2B
$2.4B
Other assets
$1.6B
$1.6B
$1.6B
$1.6B
Assets
$17.7B
$19.2B
$19.5B
$21.2B
Notes payable
$32.5M
$98.2M
$388.0M
$41.5M
Current installments of long-term debt
$787.5M
$777.1M
$776.9M
$1.0B
Accounts and other payables
$1.6B
$1.4B
$1.5B
$1.5B
Accrued payroll
$98.8M
$166.1M
$128.5M
$113.5M
Other accrued liabilities
$584.0M
$749.9M
$799.4M
$926.4M
Total current liabilities
$3.1B
$3.2B
$3.6B
$3.6B
Senior long-term debt, excluding current installments
$6.9B
$6.5B
$6.5B
$7.2B
Deferred income taxes
$712.0M
$788.2M
$784.0M
$810.6M
Other noncurrent liabilities
$579.1M
$594.8M
$586.8M
$594.2M
Total liabilities
$11.3B
$11.0B
$11.4B
$12.3B
Common stock of $5 par value, authorized 1,200,000,000 shares; issued 584,219,229
2.9B
2.9B
2.9B
2.9B
Additional paid-in capital
$2.3B
$2.3B
$2.3B
$2.3B
Retained earnings
$4.3B
$6.0B
$5.9B
$6.8B
Accumulated other comprehensive income
$6.6M
$34.1M
$9.5M
$16.7M
Less treasury stock, at cost, 106,807,712 and 105,666,163 common shares
-3.0B
-3.1B
-3.1B
-3.1B
Total stockholders' equity
$6.4B
$8.2B
$8.1B
$8.9B
Liabilities and Equity
$17.7B
$19.2B
$19.5B
$21.2B
Cash flow statement
Conagra Brands Inc cash flow statement, fiscal years
Line item
May 31, 2026 · FY
May 25, 2025 · FY
May 26, 2024 · FY
May 28, 2023 · FY
Net income (loss)
($1.9B)
$1.2B
$347.7M
$683.2M
Depreciation and amortization
$396.0M
$390.2M
$400.9M
$369.9M
Asset impairment charges
$3.0B
$177.0M
$1.0B
$771.1M
Loss (gain) on divestitures
($42.2M)
—
—
$0
Equity method investment earnings less than (in excess of) distributions
$400.0K
($22.1M)
$74.0M
($73.6M)
Stock-settled share-based payments expense
$54.7M
$41.5M
$30.8M
$79.2M
Contributions to pension plans
($11.4M)
($11.9M)
($12.2M)
($12.5M)
Pension benefit
($37.4M)
($19.6M)
($600.0K)
($13.9M)
Other items
($5.3M)
$7.1M
$8.8M
$8.0M
Receivables
$35.0M
$173.8M
$70.1M
($102.1M)
Inventories
$144.9M
($35.6M)
$131.9M
($265.3M)
Deferred income taxes and income taxes payable, net
($81.5M)
($224.0M)
($81.1M)
($188.5M)
Prepaid expenses and other current assets
($13.2M)
($900.0K)
($2.2M)
$23.5M
Accounts and other payables
($56.0M)
$49.6M
($22.7M)
($248.9M)
Accrued payroll
$58.4M
($45.9M)
$29.7M
$12.5M
Other accrued liabilities
$1.6M
($900.0K)
($20.0M)
($21.7M)
Litigation receivables, net of recoveries
$80.2M
($67.1M)
—
—
Litigation accruals, net of payments
($156.8M)
$128.2M
—
—
Net cash flows from operating activities
$1.4B
$1.7B
$2.0B
$995.4M
Additions to property, plant and equipment
($423.4M)
($389.3M)
($388.1M)
($362.2M)
Sale of property, plant and equipment
$38.9M
$3.4M
$800.0K
$3.2M
Proceeds from divestitures, net of cash divested
$648.9M
$76.8M
—
$0
Other items
($1.8M)
($2.5M)
$400.0K
$4.1M
Net cash flows from investing activities
$262.6M
($542.2M)
($375.0M)
($354.9M)
Issuance of short-term borrowings, maturities greater than 90 days
$116.4M
$338.0M
$466.6M
$286.8M
Repayment of short-term borrowings, maturities greater than 90 days
($628.1M)
($135.3M)
($185.9M)
($330.0M)
Net repayment of other short-term borrowings, maturities less than or equal to 90 days
($258.8M)
($328.3M)
$9.9M
$394.6M
Issuance of long-term debt
$1.0B
—
$500.0M
$500.0M
Repayment of long-term debt
($1.0B)
($281.3M)
($1.8B)
($712.4M)
Debt issuance costs
($11.7M)
—
($3.3M)
($4.1M)
Repurchase of Conagra Brands, Inc. common shares
-15.3M
-64.0M
—
-150.0M
Cash dividends paid
($669.7M)
($669.2M)
($659.3M)
($623.8M)
Exercise of stock options and issuance of other stock awards, including tax withholdings
($19.8M)
($20.6M)
($13.8M)
$2.3M
Other items
$2.3M
$2.4M
$1.7M
$5.0M
Net cash flows from financing activities
($1.5B)
($1.2B)
($1.7B)
($631.6M)
Effect of exchange rate changes on cash and cash equivalents
$1.4M
($2.4M)
$1.2M
$1.7M
Net change in cash and cash equivalents, including cash balances classified as assets held for sale
$150.0M
($11.0M)
($14.9M)
$10.6M
Net change in cash and cash equivalents
$150.0M
($9.7M)
($15.6M)
—
Cash and cash equivalents at beginning of year
$68.0M
$77.7M
$93.3M
$83.3M
Cash and cash equivalents at end of year
$218.0M
—
—
—
Conagra Brands Inc cash flow statement, quarters
Line item
Aug 30, 2026 · Q1
Feb 22, 2026 · YTD
Nov 23, 2025 · YTD
Aug 24, 2025 · Q1
Net income
$174.3M
($299.3M)
($499.1M)
$164.5M
Depreciation and amortization
$97.9M
$293.7M
$192.3M
$95.3M
Asset impairment charges
$600.0K
$976.5M
$975.0M
$1.2M
Equity method investment earnings in excess of distributions
($32.2M)
$700.0K
($3.3M)
($200.0K)
Stock-settled share-based payments expense
$14.3M
$49.7M
$33.1M
$19.6M
Contributions to pension plans
($1.8M)
($8.1M)
($5.3M)
($2.7M)
Pension benefit
($3.7M)
($11.9M)
($7.9M)
($4.0M)
Other items
$1.6M
($9.5M)
($16.3M)
($3.6M)
Receivables
($20.3M)
($63.7M)
($137.5M)
($51.3M)
Inventories
($248.6M)
$106.7M
($149.5M)
($207.4M)
Deferred income taxes and income taxes payable, net
$10.3M
$30.9M
$27.0M
$99.3M
Prepaid expenses and other current assets
($30.9M)
($42.1M)
($58.0M)
($41.8M)
Accounts and other payables
$113.3M
($102.9M)
$6.9M
$20.3M
Accrued payroll
($102.9M)
$22.8M
($14.9M)
($29.9M)
Other accrued liabilities
$50.0M
$70.8M
$67.6M
$91.7M
Litigation receivables, net of recoveries
$1.6M
$80.2M
$75.5M
$65.1M
Litigation accruals, net of payments
($27.7M)
($156.7M)
($112.2M)
($53.1M)
Net cash flows from operating activities
($4.2M)
$895.6M
$331.2M
$120.6M
Additions to property, plant and equipment
($123.7M)
($314.2M)
($218.6M)
($146.8M)
Sale of property, plant and equipment
$15.0M
$38.2M
$37.8M
$6.2M
Other items
($1.0M)
($1.8M)
($900.0K)
($1.0M)
Net cash flows from investing activities
($109.7M)
$371.1M
$467.2M
$502.0M
Issuance of short-term borrowings, maturities greater than 90 days
$25.2M
$88.2M
$62.1M
$31.9M
Repayment of short-term borrowings, maturities greater than 90 days
($26.9M)
($598.9M)
($567.5M)
($536.3M)
Issuance of long-term debt
$500.0M
$1.0B
$1.0B
$1.0B
Repayment of long-term debt
($4.4M)
($1.0B)
($1.0B)
($18.0M)
Debt issuance costs
($3.9M)
($11.7M)
($11.7M)
($10.6M)
Repurchase of Conagra Brands, Inc. common shares
-44.0M
-15.3M
-15.3M
-15.0M
Cash dividends paid
($167.5M)
($502.2M)
($334.8M)
($167.1M)
Exercise of stock options and issuance of other stock awards, including tax withholdings
($12.7M)
($19.3M)
($18.9M)
($18.8M)
Other items
$1.5M
($200.0K)
($200.0K)
($100.0K)
Net cash flows from financing activities
$267.3M
($1.3B)
($819.9M)
$7.2M
Effect of exchange rate changes on cash and cash equivalents