Filing Flows › Performance Food Group (PFGC) › Q4 FY25
Performance Food Group (PFGC) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Aug 13, 2025
Performance Food Group (PFGC) reported revenue of $16.9B for the fourth quarter fiscal 2025 (Q4 FY25), +12% from a year earlier and +11% from the quarter before. Operating margin was 1.6%, net earnings $132M (0.8% of revenue).
Performance Food Group, Q4 FY25: revenue $16.9B (+12% year over year), operating margin 1.6%, net earnings $132M, operating cash flow $383M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $16.9B | +11% | +12% |
| Gross profit | $2.0B | +10% | +15% |
| Operating profit | $268M | +54% | -5% |
| Net earnings | $132M | +126% | -21% |
| Operating cash flow | $383M | -15% | +86% |
| Free cash flow | $210M | -34% | +281% |
What changed
Revenue was $16.9B in Q4 FY25, up 12% year over year and up 11% from the previous quarter. Foodservice was the largest line at 54% of revenue.
Gross margin was 11.8%, up 0.3 points from a year earlier. Operating profit was $0.27B, a 1.6% margin (down 0.3 points year over year). Operating profit fell $0.01B even though revenue rose $1.7B versus a year earlier, so costs grew faster than sales. Operating expenses grew 18% against revenue growth of 12%. Net earnings were $0.13B, down 21% year over year. The effective tax rate was 25.6%.
Operating cash flow was $0.38B (up 86% year over year), 291% of net earnings. Non-cash charges added back $0.20B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.04B. Capital expenditures of $0.17B left free cash flow of $0.21B.
Questions
What was Performance Food Group's revenue in the fourth quarter fiscal 2025?
Performance Food Group (PFGC) reported revenue of $16.9B for the fourth quarter fiscal 2025 (Q4 FY25), +12% from a year earlier and +11% from the quarter before.
Was Performance Food Group profitable in the fourth quarter fiscal 2025?
Operating profit was $268M (1.6% of revenue) and net earnings $132M.