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How Greif (GEF) makes money

Greif (GEF) made $1.2B of revenue in the third quarter fiscal 2026 (Q3 FY26), +4% from a year earlier. Durable Metal Solutions brought in $406M (35%); Customized Polymer Solutions brought in $384M (33%); Sustainable Fiber Solutions brought in $346M (30%). Of every dollar of revenue, 23¢ was left as gross profit, 9¢ was left as operating profit, 7¢ was left as net earnings.

Drawing the Sankey…

Greif revenue by segment, Q3 FY26Greif revenue by segment, Q3 FY26Durable Metal Solutions$406MCustomized Polymer Solutions$384MSustainable Fiber Solutions$346MInnovative Closure Solutions$29.7M
Greif: revenue by line, Q3 FY25 to Q3 FY26Greif: revenue by line, Q3 FY25 to Q3 FY26Durable Metal Solutio…Customized Polymer So…Sustainable Fiber Sol…Integrated SolutionsInnovative Closure So…Durable Metal Solutions: $406M latest$406MCustomized Polymer Solutions: $384M latest$384MSustainable Fiber Solutions: $346M latest$346MIntegrated Solutions: $0 latestInnovative Closure Solutions: $29.7M latestQ3 FY25Q1 FY26Q2 FY26Q3 FY26
Customized Polymer Solutions went from 30% of revenue in Q3 FY25 to 33% in Q3 FY26, the largest shift in the mix.
Greif revenue by quarterGreif revenue by quarter$1.3BQ1 FY24$1.1BQ1 FY25$1.4BQ2 FY25$1.1BQ3 FY25$995MQ1 FY26$1.1BQ2 FY26$1.2BQ3 FY26
Greif: where each dollar of revenue goesGreif: where each dollar of revenue goesCost of revenue77¢Gross profit23¢Operating expenses14¢Operating profit9¢Income tax2¢Net earnings7¢Operating cash flow7¢Free cash flow4¢

Revenue by segment, Q3 FY26

SegmentRevenueShareQ/QY/Y
Durable Metal Solutions$406M34.8%+7%+3%
Customized Polymer Solutions$384M32.9%+11%+14%
Sustainable Fiber Solutions$346M29.7%+8%-7%
Innovative Closure Solutions$29.7M2.5%+15%+19%

Where each dollar of revenue goes

LineQ3 FY26% of revenue
Revenue$1.2B100.0%
Cost of revenue$893M76.6%
Gross profit$273M23.4%
Operating expenses$165M14.1%
Operating profit$108M9.3%
Income tax$17.9M1.5%
Net earnings$77.8M6.7%
Operating cash flow$77.8M6.7%
Free cash flow$49.1M4.2%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 FY26$1.2B+4%
Q2 FY26$1.1B-0.5%
Q1 FY26$995M-2%
Q3 FY25$1.1B-3%
Q2 FY25$1.4B+1%
Q1 FY25$1.1B-15%
Q1 FY24$1.3B-12%

From Greif's 10-Q filed Jul 29, 2026 (on EDGAR).

Questions

How does Greif make money?

Greif (GEF) made $1.2B of revenue in the third quarter fiscal 2026 (Q3 FY26), +4% from a year earlier. Durable Metal Solutions brought in $406M (35%); Customized Polymer Solutions brought in $384M (33%); Sustainable Fiber Solutions brought in $346M (30%). Of every dollar of revenue, 23¢ was left as gross profit, 9¢ was left as operating profit, 7¢ was left as net earnings.

What is Greif's biggest business?

Durable Metal Solutions: $406M in the third quarter fiscal 2026, 35% of revenue, +3% from a year earlier.

What is Greif's profit margin?

Net earnings were $77.8M, 6.7% of revenue, in the third quarter fiscal 2026; the operating margin was 9.3%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.