Filing Flows › Pilgrims Pride (PPC) › Q3 2026 › vs Q2 2026
Pilgrims Pride (PPC) Q3 2026 vs Q2 2026 (quarter over quarter)
Pilgrims Pride's revenue rose $27.0M (+0.6%) from $4.6B in Q2 2026 to $4.7B in Q3 2026. The biggest changes: Fresh −$44.1M (-1%); Prepared +$39.0M (+3%); Other +$33.1M (+21%). Gross margin 7.2% against 7.3% (-0.2 pts).
Pilgrims Pride, Q3 2026: revenue $4.7B (-2% year over year), operating margin 4.1%, net earnings $116M, operating cash flow $212M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 7.2% | 7.3% | -0.2 pts |
| Operating margin | 4.1% | 1.4% | +2.7 pts |
| Net margin | 2.5% | 0.3% | +2.2 pts |
| Free cash flow margin | 0.2% | 1.7% | -1.4 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Fresh | $3.0B | $3.0B | −$44.1M | -1% |
| Prepared | $1.2B | $1.2B | $39.0M | +3% |
| Export | $270M | $271M | −$901K | -0.3% |
| Other | $189M | $156M | $33.1M | +21% |
| Revenue | $4.7B | $4.6B | $27.0M | +0.6% |
| Gross profit | $334M | $340M | −$6.1M | -2% |
| Cost of revenue | $4.3B | $4.3B | $33.1M | +0.8% |
| Operating profit | $192M | $66.0M | $126M | +190% |
| Operating expenses | $142M | $274M | −$132M | -48% |
| Pre-tax earnings | $160M | $21.8M | $139M | +636% |
| Other expense, net | $31.2M | $44.2M | −$12.9M | -29% |
| Net earnings | $116M | $13.2M | $103M | +780% |
| Income tax | $44.0M | $8.6M | $35.4M | +413% |
| Depreciation & amortization | $123M | $123M | −$83K | -0.1% |
| Share-based compensation | $5.8M | $5.1M | $642K | +13% |
| Working capital & other | $33.0M | −$189M | $222M | — |
| Operating cash flow | $212M | $331M | −$119M | -36% |
| Free cash flow (OCF − capex) | $11.0M | $76.8M | −$65.8M | -86% |
| Capital expenditures | $201M | $254M | −$52.9M | -21% |
Questions
How much did Pilgrims Pride's revenue grow quarter over quarter in Q3 2026?
Pilgrims Pride's revenue rose $27.0M (+0.6%) from $4.6B in Q2 2026 to $4.7B in Q3 2026.
What drove Pilgrims Pride's revenue change in Q3 2026?
Fresh −$44.1M (-1%); Prepared +$39.0M (+3%); Other +$33.1M (+21%).