Filing Flows › Procter & Gamble (PG) › Q1 FY27 › vs Q4 FY26
Procter & Gamble (PG) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Procter & Gamble's revenue rose $2.1B (+10%) from $21.2B in Q4 FY26 to $23.3B in Q1 FY27. Operating margin 25.5% against 18.6% (+6.9 pts).
Procter & Gamble, Q1 FY27: revenue $23.3B (+4% year over year), operating margin 25.5%, net earnings $4.7B, operating cash flow $5.8B. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Operating margin | 25.5% | 18.6% | +6.9 pts |
| Net margin | 20.3% | 14.4% | +6.0 pts |
| Free cash flow margin | 18.9% | 19.4% | -0.5 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $23.3B | $21.2B | $2.1B | +10% |
| Other income, net | $87.0M | −$17.0M | $104M | — |
| Operating profit | $5.9B | $4.0B | $2.0B | +50% |
| Costs & expenses | $17.3B | $17.3B | $85.0M | +0.5% |
| Pre-tax earnings | $6.0B | $3.9B | $2.1B | +53% |
| Cost of revenue | $11.7B | $10.9B | $758M | +7% |
| SG&A | $5.7B | $6.3B | −$673M | -11% |
| Net earnings | $4.7B | $3.0B | $1.7B | +55% |
| Minority interests | $26.0M | $37.0M | −$11.0M | -30% |
| Income tax | $1.3B | $852M | $415M | +49% |
| Depreciation & amortization | $810M | $812M | −$2.0M | -0.2% |
| Share-based compensation | $98.0M | $130M | −$32.0M | -25% |
| Working capital & other | $128M | $1.1B | −$1.0B | -89% |
| Operating cash flow | $5.8B | $5.1B | $636M | +12% |
| Free cash flow (OCF − capex) | $4.4B | $4.1B | $293M | +7% |
| Capital expenditures | $1.4B | $1.0B | $343M | +34% |
Questions
How much did Procter & Gamble's revenue grow quarter over quarter in Q1 FY27?
Procter & Gamble's revenue rose $2.1B (+10%) from $21.2B in Q4 FY26 to $23.3B in Q1 FY27. Operating margin 25.5% against 18.6% (+6.9 pts).