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Pilgrims Pride (PPC) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Oct 29, 2026 · Pilgrims Pride (PPC) Q3 2026 earnings results →
Q3 2026 Revenue down 2% year over year to $4.7B · 2¢ of every $1 of revenue kept as net profit · operating margin 4.1%
Pilgrims Pride made $4.7B in Q3 2026 (-2% Y/Y): Fresh $3.0B, Prepared $1.2B, Export $270M. Operating margin 4.1%, net earnings $116M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Oct 29, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $4.7B in Q3 2026, down 2% year over year and up 1% from the previous quarter. Fresh was the largest line at 64% of revenue. Fresh lost $0.17B year over year (down 5%), 158% of the total change.
Gross margin was 7.2%, down 6.7 points from Q3 2025. Operating profit was $0.19B, a 4.1% margin (down 6.2 points year over year). Operating expenses fell 15% while revenue fell 2%. Net earnings were $0.12B, down 66% year over year. The effective tax rate was 27.4%.
Operating cash flow was $0.21B (down 54% year over year), 183% of net earnings. Non-cash charges added back $0.12B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.03B. Capital expenditures of $0.20B left free cash flow of $0.01B.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Oct 29, 2026 | $4.7B | -2% | 4.1% | $116M | $212M |
| Q2 2026 | 10-Q | Jul 30, 2026 | $4.6B | -3% | 1.4% | $13.2M | $331M |
| Q1 2026 | 10-Q | Apr 30, 2026 | $4.5B | +2% | 3.6% | $101M | $141M |
| Q4 2025 | 10-K | Feb 12, 2026 | $4.5B | +3% | 4.5% | $87.9M | $291M |
| Q3 2025 | 10-Q | Oct 30, 2025 | $4.8B | +4% | 10.4% | $343M | $458M |
| Q2 2025 | 10-Q | Jul 31, 2025 | $4.8B | +4% | 10.8% | $356M | $495M |
| Q1 2025 | 10-Q | May 1, 2025 | $4.5B | +2% | 9.1% | $296M | $127M |
Charts
Interactive views
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💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About Pilgrims Pride
Pilgrim’s Pride Corporation (referred to herein as “Pilgrim’s,” “PPC,” “the Company,” “we,” “us,” “our,” or similar terms) is primarily engaged in the production, processing, marketing and distribution of fresh, frozen and value-added chicken and pork products to retailers, distributors and foodservice operators. JBS S.A., through its indirect wholly-owned subsidiaries (together, “JBS”), beneficially owns 82.28% of our outstanding common stock. We market our balanced portfolio of fresh, prepared and value-added meat products to a diverse set of customers across the U.S., the U.K. and Europe, Mexico and in over 120 other countries.
In its own words, from its 10-K, filed Feb 12, 2026.
Pilgrims Pride against its Poultry Slaughtering and Processing peers
The largest companies of the same SEC industry, each at its latest quarter.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| PPC Pilgrims Pride | Q3 2026 | $4.7B | -2% | 4.1% |
| TSN Tyson Foods | Q3 FY26 | $13.9B | -0.1% | 2.6% |
Source: Pilgrims Pride 10-Q on SEC EDGAR · CIK 802481 · Poultry Slaughtering and Processing
13F: who owns PPC and who is buying
More on PPC
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- Is Pilgrims Pride a takeover target? LBO and rumors
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History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results
- Pilgrims Pride gross margin by quarter
- Pilgrims Pride operating margin by quarter
- Pilgrims Pride net income by quarter
- Pilgrims Pride free cash flow by quarter
- Pilgrims Pride capital expenditures by quarter
- Pilgrims Pride Fresh revenue by quarter
- Pilgrims Pride Prepared revenue by quarter
- Pilgrims Pride Export revenue by quarter