Filing Flows › Pilgrims Pride (PPC) › Q3 2026
Pilgrims Pride (PPC) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Pilgrims Pride (PPC) reported revenue of $4.7B for the third quarter 2026 (Q3 2026), -2% from a year earlier and +0.6% from the quarter before. Operating margin was 4.1%, net earnings $116M (2.5% of revenue).
Pilgrims Pride, Q3 2026: revenue $4.7B (-2% year over year), operating margin 4.1%, net earnings $116M, operating cash flow $212M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.7B | +0.6% | -2% |
| Gross profit | $334M | -2% | -49% |
| Operating profit | $192M | +190% | -61% |
| Net earnings | $116M | +780% | -66% |
| Operating cash flow | $212M | -36% | -54% |
| Free cash flow | $11.0M | -86% | -96% |
What changed
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.
Questions
What was Pilgrims Pride's revenue in the third quarter 2026?
Pilgrims Pride (PPC) reported revenue of $4.7B for the third quarter 2026 (Q3 2026), -2% from a year earlier and +0.6% from the quarter before.
Was Pilgrims Pride profitable in the third quarter 2026?
Operating profit was $192M (4.1% of revenue) and net earnings $116M.
Source: Pilgrims Pride 10-Q on SEC EDGAR.