Filing Flows › Pilgrims Pride (PPC) › Q4 2025
Pilgrims Pride (PPC) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 12, 2026
Pilgrims Pride (PPC) reported revenue of $4.5B for the fourth quarter 2025 (Q4 2025), +3% from a year earlier and -5% from the quarter before. Operating margin was 4.5%, net earnings $87.9M (1.9% of revenue).
Pilgrims Pride, Q4 2025: revenue $4.5B (+3% year over year), operating margin 4.5%, net earnings $87.9M, operating cash flow $291M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.5B | -5% | +3% |
| Gross profit | $429M | -35% | -23% |
| Operating profit | $204M | -59% | -33% |
| Net earnings | $87.9M | -74% | -63% |
| Operating cash flow | $291M | -36% | -17% |
| Free cash flow | $10.0M | -96% | -94% |
What changed
Revenue was $4.5B in Q4 2025, up 3% year over year and down 5% from the previous quarter. Fresh was the largest line at 65% of revenue.
Gross margin was 9.5%, down 3.2 points from a year earlier. Operating profit was $0.20B, a 4.5% margin (down 2.5 points year over year). Operating profit fell $0.10B even though revenue rose $0.15B versus a year earlier, so costs grew faster than sales. Operating expenses fell 9% while revenue rose 3%. Net earnings were $0.09B, down 63% year over year. The effective tax rate was 49.7%.
Operating cash flow was $0.29B (down 17% year over year), 331% 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 added $0.07B. Capital expenditures of $0.28B left free cash flow of $0.01B.
Questions
What was Pilgrims Pride's revenue in the fourth quarter 2025?
Pilgrims Pride (PPC) reported revenue of $4.5B for the fourth quarter 2025 (Q4 2025), +3% from a year earlier and -5% from the quarter before.
Was Pilgrims Pride profitable in the fourth quarter 2025?
Operating profit was $204M (4.5% of revenue) and net earnings $87.9M.
Source: Pilgrims Pride 10-K on SEC EDGAR.