Filing Flows › Sysco (SYY) › Q1 FY27 › vs Q1 FY26
Sysco (SYY) Q1 FY27 vs Q1 FY26 (year over year)
Sysco's revenue rose $596M (+3%) from $21.1B in Q1 FY26 to $21.7B in Q1 FY27. The biggest changes: Fresh and frozen meats +$229M (+5%); Canned and dry products +$223M (+6%); Poultry −$143M (-7%). Gross margin 18.6% against 18.4% (+0.2 pts).
Sysco, Q1 FY27: revenue $21.7B (+3% year over year), operating margin 3.3%, net earnings $526M, operating cash flow $278M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 18.6% | 18.4% | +0.2 pts |
| Operating margin | 3.3% | 3.8% | -0.5 pts |
| Net margin | 2.4% | 2.3% | +0.2 pts |
| Free cash flow margin | 0.8% | -0.3% | +1.2 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Fresh and frozen meats | $4.4B | $4.2B | $229M | +5% |
| Canned and dry products | $4.0B | $3.7B | $223M | +6% |
| Frozen fruits, vegetables, bakery and other | $3.3B | $3.1B | $135M | +4% |
| Dairy products | $2.1B | $2.2B | −$95.0M | -4% |
| Poultry | $2.0B | $2.1B | −$143M | -7% |
| Fresh produce | $1.7B | $1.7B | $36.0M | +2% |
| Paper and disposables | $1.5B | $1.4B | $73.0M | +5% |
| Beverage products | $830M | $807M | $23.0M | +3% |
| Seafood | $816M | $763M | $53.0M | +7% |
| Other | $725M | $691M | $34.0M | +5% |
| Equipment and smallwares | $485M | $457M | $28.0M | +6% |
| Revenue | $21.7B | $21.1B | $596M | +3% |
| Gross profit | $4.1B | $3.9B | $150M | +4% |
| Cost of revenue | $17.7B | $17.2B | $446M | +3% |
| Operating profit | $717M | $800M | −$83.0M | -10% |
| Operating expenses | $3.3B | $3.1B | $233M | +8% |
| Pre-tax earnings | $687M | $600M | $87.0M | +15% |
| Net earnings | $526M | $476M | $50.0M | +11% |
| Income tax | $161M | $124M | $37.0M | +30% |
| Operating cash sources | $816M | $740M | $76.0M | +10% |
| Depreciation & amortization | $262M | $233M | $29.0M | +12% |
| Share-based compensation | $28.0M | $31.0M | −$3.0M | -10% |
| Working capital & other | $538M | $654M | −$116M | -18% |
| Operating cash flow | $278M | $86.0M | $192M | +223% |
| Free cash flow (OCF − capex) | $181M | −$74.0M | $255M | — |
| Capital expenditures | $97.0M | $160M | −$63.0M | -39% |
Questions
How much did Sysco's revenue grow year over year in Q1 FY27?
Sysco's revenue rose $596M (+3%) from $21.1B in Q1 FY26 to $21.7B in Q1 FY27.
What drove Sysco's revenue change in Q1 FY27?
Fresh and frozen meats +$229M (+5%); Canned and dry products +$223M (+6%); Poultry −$143M (-7%).