Filing Flows › Phibro Animal Health (PAHC) › Q4 FY26 › vs Q3 FY26
Phibro Animal Health (PAHC) Q4 FY26 vs Q3 FY26 (quarter over quarter)
Phibro Animal Health's revenue rose $13.2M (+3%) from $384M in Q3 FY26 to $397M in Q4 FY26. The biggest changes: Animal Health +$6.3M (+2%); Mineral Nutrition +$3.6M (+5%); Performance Products +$3.3M (+17%). Gross margin 33.9% against 32.8% (+1.1 pts).
Phibro Animal Health, Q4 FY26: revenue $397M (+5% year over year), operating margin 12.1%, net earnings $21.7M, operating cash flow $24.1M. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Gross margin | 33.9% | 32.8% | +1.1 pts |
| Operating margin | 12.1% | 11.6% | +0.5 pts |
| Net margin | 5.5% | 6.3% | -0.8 pts |
| Free cash flow margin | 1.3% | 0.2% | +1.1 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| MFAs and other | $208M | $206M | $1.8M | +0.9% |
| Nutritional Specialties | $49.9M | $46.8M | $3.1M | +7% |
| Vaccines | $40.0M | $38.6M | $1.4M | +4% |
| Animal Health | $298M | $291M | $6.3M | +2% |
| Mineral Nutrition | $77.0M | $73.4M | $3.6M | +5% |
| Performance Products | $22.2M | $18.9M | $3.3M | +17% |
| Revenue | $397M | $384M | $13.2M | +3% |
| Gross profit | $134M | $126M | $8.7M | +7% |
| Cost of revenue | $262M | $258M | $4.5M | +2% |
| Operating profit | $48.2M | $44.7M | $3.5M | +8% |
| Operating expenses | $86.2M | $81.0M | $5.2M | +6% |
| Pre-tax earnings | $32.3M | $32.3M | $28K | +0.1% |
| Other expense, net | $15.8M | $12.3M | $3.5M | +28% |
| Net earnings | $21.7M | $24.0M | −$2.3M | -10% |
| Income tax | $10.6M | $8.3M | $2.3M | +28% |
| Depreciation & amortization | $13.3M | $12.4M | $897K | +7% |
| Share-based compensation | $413K | $411K | $2K | +0.5% |
| Working capital & other | $11.4M | $20.7M | −$9.3M | -45% |
| Operating cash flow | $24.1M | $16.2M | $7.9M | +49% |
| Free cash flow (OCF − capex) | $5.2M | $890K | $4.3M | +487% |
| Capital expenditures | $18.9M | $15.3M | $3.6M | +23% |
Questions
How much did Phibro Animal Health's revenue grow quarter over quarter in Q4 FY26?
Phibro Animal Health's revenue rose $13.2M (+3%) from $384M in Q3 FY26 to $397M in Q4 FY26.
What drove Phibro Animal Health's revenue change in Q4 FY26?
Animal Health +$6.3M (+2%); Mineral Nutrition +$3.6M (+5%); Performance Products +$3.3M (+17%).