Filing Flows › Performance Food Group (PFGC) › Q4 FY26 › vs Q3 FY26
Performance Food Group (PFGC) Q4 FY26 vs Q3 FY26 (quarter over quarter)
Performance Food Group's revenue rose $1.7B (+11%) from $16.3B in Q3 FY26 to $18.0B in Q4 FY26. The biggest changes: Foodservice +$1.0B (+12%); Convenience +$564M (+9%); Specialty +$145M (+12%). Gross margin 12.0% against 11.9% (+0.1 pts).
Performance Food Group, Q4 FY26: revenue $18.0B (+6% year over year), operating margin 1.8%, net earnings $162M, operating cash flow $342M. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Gross margin | 12.0% | 11.9% | +0.1 pts |
| Operating margin | 1.8% | 0.9% | +0.9 pts |
| Net margin | 0.9% | 0.3% | +0.6 pts |
| Free cash flow margin | 1.2% | 3.3% | -2.1 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Foodservice | $9.8B | $8.8B | $1.0B | +12% |
| Convenience | $6.8B | $6.2B | $564M | +9% |
| Specialty | $1.3B | $1.2B | $145M | +12% |
| Corporate and Other | $76.0M | $65.1M | $10.9M | +17% |
| Revenue | $18.0B | $16.3B | $1.7B | +11% |
| Gross profit | $2.2B | $1.9B | $230M | +12% |
| Cost of revenue | $15.9B | $14.4B | $1.5B | +11% |
| Operating profit | $324M | $149M | $175M | +117% |
| Operating expenses | $1.8B | $1.8B | $55.1M | +3% |
| Pre-tax earnings | $222M | $55.9M | $166M | +297% |
| Other expense, net | $102M | $93.0M | $9.1M | +10% |
| Net earnings | $162M | $41.7M | $121M | +289% |
| Income tax | $59.4M | $14.2M | $45.2M | +318% |
| Depreciation & amortization | $214M | $205M | $8.6M | +4% |
| Share-based compensation | $13.0M | $12.9M | $100K | +0.8% |
| Working capital & other | $47.1M | −$356M | $403M | — |
| Operating cash flow | $342M | $616M | −$274M | -45% |
| Free cash flow (OCF − capex) | $224M | $542M | −$319M | -59% |
| Capital expenditures | $118M | $73.6M | $44.6M | +61% |
Questions
How much did Performance Food Group's revenue grow quarter over quarter in Q4 FY26?
Performance Food Group's revenue rose $1.7B (+11%) from $16.3B in Q3 FY26 to $18.0B in Q4 FY26.
What drove Performance Food Group's revenue change in Q4 FY26?
Foodservice +$1.0B (+12%); Convenience +$564M (+9%); Specialty +$145M (+12%).