# Conagra Brands Inc.: overview

CAG · NYSE · CIK 23217 · [Consumer staples](/sectors/consumer-staples.md) · fiscal year ends May 30

Pages: [Overview](/companies/cag.md) · [Financials](/companies/cag/financials.md) · [Filings](/companies/cag/filings.md) · [Insiders](/companies/cag/insiders.md)

Latest reported revenue: [$2.60bn](/filings/0001104659-26-112354.md) for Q1 FY2027, three months to 2026-08-30, from the 10-Q filed Sep 30, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001104659-26-112354).

## Last eight quarters

| Line item | Unit | Q2 FY2025 (2024-11-24) | Q3 FY2025 (2025-02-23) | Q4 FY2025 (2025-05-25) | Q1 FY2026 (2025-08-24) | Q2 FY2026 (2025-11-23) | Q3 FY2026 (2026-02-22) | Q4 FY2026 (2026-05-31) | Q1 FY2027 (2026-08-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [3,195](/filings/0001104659-25-123200.md) | [2,841](/filings/0001104659-26-038548.md) | [2,782 d](/filings/0001104659-26-083905.md) | [2,633](/filings/0001104659-26-112354.md) | [2,979](/filings/0001104659-25-123200.md) | [2,788](/filings/0001104659-26-038548.md) | [2,882 d](/filings/0001104659-26-083905.md) | [2,596](/filings/0001104659-26-112354.md) |
| Gross margin | % | [26.5%](/filings/0001104659-25-123200.md) | [25.0%](/filings/0001104659-26-038548.md) | [25.4% d](/filings/0001104659-26-083905.md) | [24.3%](/filings/0001104659-26-112354.md) | [23.4%](/filings/0001104659-25-123200.md) | [23.6%](/filings/0001104659-26-038548.md) | [24.4% d](/filings/0001104659-26-083905.md) | [23.8%](/filings/0001104659-26-112354.md) |
| Operating margin | % | [12.6%](/filings/0001104659-25-123200.md) | [8.4%](/filings/0001104659-26-038548.md) | [11.5% d](/filings/0001104659-26-083905.md) | [13.2%](/filings/0001104659-26-112354.md) | [(20.1%)](/filings/0001104659-25-123200.md) | [10.0%](/filings/0001104659-26-038548.md) | [(57.5%) d](/filings/0001104659-26-083905.md) | [10.3%](/filings/0001104659-26-112354.md) |
| Net margin | % | [8.9%](/filings/0001104659-26-038548.md) | [5.1%](/filings/0001104659-26-038548.md) | [9.2% d](/filings/0001104659-26-083905.md) | [6.2%](/filings/0001104659-26-112354.md) | [(22.3%)](/filings/0001104659-26-038548.md) | [7.2%](/filings/0001104659-26-038548.md) | [(56.1%) d](/filings/0001104659-26-083905.md) | [6.7%](/filings/0001104659-26-112354.md) |
| Diluted EPS | $ per share | [0.59](/filings/0001104659-25-123200.md) | [0.30](/filings/0001104659-26-038548.md) | not reported | [0.34](/filings/0001104659-26-112354.md) | [(1.39)](/filings/0001104659-25-123200.md) | [0.42](/filings/0001104659-26-038548.md) | not reported | [0.36](/filings/0001104659-26-112354.md) |
| Free cash flow | $m | [403 d](/filings/0001104659-25-123200.md) | [503 d](/filings/0001104659-26-038548.md) | [261 d](/filings/0001104659-26-083905.md) | [(26.2)](/filings/0001104659-26-112354.md) | [139 d](/filings/0001104659-25-123200.md) | [469 d](/filings/0001104659-26-038548.md) | [397 d](/filings/0001104659-26-083905.md) | [(128)](/filings/0001104659-26-112354.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 6-month figure less the 3-month figure; 9-month figure less the 6-month figure; 12-month figure less the 9-month figure.

## Last five fiscal years

| Line item | Unit | FY2022 (2022-05-29) | FY2023 (2023-05-28) | FY2024 (2024-05-26) | FY2025 (2025-05-25) | FY2026 (2026-05-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [11.5](/filings/0001558370-24-009764.md) | [12.3](/filings/0001558370-25-009180.md) | [12.1](/filings/0001104659-26-083905.md) | [11.6](/filings/0001104659-26-083905.md) | [11.3](/filings/0001104659-26-083905.md) |
| Gross margin | % | not reported | [26.6%](/filings/0001558370-25-009180.md) | [27.7%](/filings/0001104659-26-083905.md) | [25.9%](/filings/0001104659-26-083905.md) | [23.9%](/filings/0001104659-26-083905.md) |
| Operating margin | % | [13.8%](/filings/0001558370-24-009764.md) | [8.8%](/filings/0001558370-25-009180.md) | [7.1%](/filings/0001104659-26-083905.md) | [11.8%](/filings/0001104659-26-083905.md) | [(14.4%)](/filings/0001104659-26-083905.md) |
| Net margin | % | [7.7%](/filings/0001558370-24-009764.md) | [5.6%](/filings/0001558370-25-009180.md) | [2.9%](/filings/0001104659-26-083905.md) | [9.9%](/filings/0001104659-26-083905.md) | [(17.0%)](/filings/0001104659-26-083905.md) |
| Diluted EPS | $ per share | [1.84](/filings/0001558370-24-009764.md) | [1.42](/filings/0001558370-25-009180.md) | [0.72](/filings/0001104659-26-083905.md) | [2.40](/filings/0001104659-26-083905.md) | [(4.00)](/filings/0001104659-26-083905.md) |
| Free cash flow | $bn | [0.7](/filings/0001558370-24-009764.md) | [0.6](/filings/0001558370-25-009180.md) | [1.6](/filings/0001104659-26-083905.md) | [1.3](/filings/0001104659-26-083905.md) | [1.0](/filings/0001104659-26-083905.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Gross profit: us-gaap:GrossProfit.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/cag/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $1.07bn | 79,589,548 |  | Added +29,439,770 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $393.1m | 29,206,791 |  | Added +5,426,315 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $290.3m | 21,564,245 |  | Reduced −9,479,752 |
| [AQR CAPITAL MANAGEMENT LLC](/funds/1167557.md) | 2026-06-30 | $275.9m | 20,496,252 |  | Added +13,175,575 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $222.6m | 16,541,117 |  | Reduced −8,483,683 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $205.6m | 15,275,530 |  | Reduced −4,048,259 |
| [TWO SIGMA INVESTMENTS, LP](/funds/1179392.md) | 2026-06-30 | $177.5m | 13,185,200 |  | Reduced −5,512,998 |
| [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $167.6m | 12,447,997 |  | Added +5,692,827 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $148.7m | 11,048,944 |  | Reduced −3,055,710 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $116.5m | 8,654,831 |  | Reduced −4,152,325 |

## Recent filings

[All 1,610 filings](/companies/cag/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-30 | 20:30 ET | [10-Q](/filings/0001104659-26-112354.md) | Quarterly report, period 2026-08-30 | 0001104659-26-112354 |
| 2026-09-30 | 11:32 ET | [8-K](/filings/0000023217-26-000052.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000023217-26-000052 |
| 2026-09-28 | 13:19 ET | [8-K](/filings/0000023217-26-000047.md) | 5.07 Shareholder vote results | 0000023217-26-000047 |
| 2026-08-11 | 12:32 ET | [DEF 14A](/filings/0000023217-26-000037.md) | Proxy statement, period 2026-09-23 | 0000023217-26-000037 |
| 2026-07-28 | 17:55 ET | [8-K](/filings/0000023217-26-000032.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 8.01 Other events; 9.01 Financial statements and exhibits | 0000023217-26-000032 |
| 2026-07-28 | 11:32 ET | [8-K](/filings/0000023217-26-000028.md) | 5.02 Departure or appointment of officers or directors | 0000023217-26-000028 |
| 2026-07-15 | 20:31 ET | [10-K](/filings/0001104659-26-083905.md) | Annual report, period 2026-05-31 | 0001104659-26-083905 |
| 2026-07-15 | 11:33 ET | [8-K](/filings/0000023217-26-000022.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000023217-26-000022 |
| 2026-06-23 | 20:33 ET | [8-K](/filings/0000023217-26-000018.md) | 5.02 Departure or appointment of officers or directors | 0000023217-26-000018 |
| 2026-05-07 | 21:14 ET | [8-K](/filings/0000023217-26-000015.md) | 5.03 Amendment to articles or bylaws; 9.01 Financial statements and exhibits | 0000023217-26-000015 |

## Latest annual report

[Form 10-K for the fiscal year ended May 31, 2026](/filings/0001104659-26-083905.md), filed Jul 15, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 23217
- Tickers: CAG
- Exchange: NYSE
- SIC code: 2000 Food and Kindred Products
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:18 ET. No prices; not investment advice.