Filing Flows › Phibro Animal Health (PAHC) › Q1 FY27 › vs Q4 FY26
Phibro Animal Health (PAHC) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Phibro Animal Health's revenue fell $10.0M (-3%) from $397M in Q4 FY26 to $387M in Q1 FY27. The biggest changes: Animal Health −$4.5M (-2%); Mineral Nutrition −$3.4M (-4%); Performance Products −$2.0M (-9%). Gross margin 33.2% against 33.9% (-0.6 pts).
Phibro Animal Health, Q1 FY27: revenue $387M (+6% year over year), operating margin 12.8%, net earnings $29.5M, operating cash flow $26.1M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 33.2% | 33.9% | -0.6 pts |
| Operating margin | 12.8% | 12.1% | +0.7 pts |
| Net margin | 7.6% | 5.5% | +2.2 pts |
| Free cash flow margin | 1.9% | 1.3% | +0.6 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| MFAs and other | $206M | $208M | −$1.1M | -0.6% |
| Nutritional Specialties | $47.1M | $49.9M | −$2.8M | -6% |
| Vaccines | $39.5M | $40.0M | −$548K | -1% |
| Animal Health | $293M | $298M | −$4.5M | -2% |
| Mineral Nutrition | $73.6M | $77.0M | −$3.4M | -4% |
| Performance Products | $20.2M | $22.2M | −$2.0M | -9% |
| Revenue | $387M | $397M | −$10.0M | -3% |
| Gross profit | $129M | $134M | −$5.9M | -4% |
| Cost of revenue | $258M | $262M | −$4.1M | -2% |
| Operating profit | $49.6M | $48.2M | $1.5M | +3% |
| Operating expenses | $78.9M | $86.2M | −$7.3M | -9% |
| Pre-tax earnings | $38.8M | $32.3M | $6.4M | +20% |
| Other expense, net | $10.9M | $15.8M | −$5.0M | -31% |
| Net earnings | $29.5M | $21.7M | $7.8M | +36% |
| Income tax | $9.3M | $10.6M | −$1.4M | -13% |
| Depreciation & amortization | $13.6M | $13.3M | $233K | +2% |
| Share-based compensation | $804K | $413K | $391K | +95% |
| Working capital & other | $17.8M | $11.4M | $6.4M | +57% |
| Operating cash flow | $26.1M | $24.1M | $2.0M | +8% |
| Free cash flow (OCF − capex) | $7.3M | $5.2M | $2.1M | +40% |
| Capital expenditures | $18.8M | $18.9M | −$87K | -0.5% |
Questions
How much did Phibro Animal Health's revenue grow quarter over quarter in Q1 FY27?
Phibro Animal Health's revenue fell $10.0M (-3%) from $397M in Q4 FY26 to $387M in Q1 FY27.
What drove Phibro Animal Health's revenue change in Q1 FY27?
Animal Health −$4.5M (-2%); Mineral Nutrition −$3.4M (-4%); Performance Products −$2.0M (-9%).