Filing Flows › Sysco (SYY) › Q4 FY26
Sysco (SYY) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Aug 21, 2026
Sysco (SYY) reported revenue of $22.1B for the fourth quarter fiscal 2026 (Q4 FY26), +5% from a year earlier and +8% from the quarter before. Operating margin was 4.4%, net earnings $551M (2.5% of revenue).
Sysco, Q4 FY26: revenue $22.1B (+5% year over year), operating margin 4.4%, net earnings $551M, operating cash flow $1.2B. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $22.1B | +8% | +5% |
| Gross profit | $4.1B | +8% | +4% |
| Operating profit | $983M | +59% | +11% |
| Net earnings | $551M | +62% | +4% |
| Operating cash flow | $1.2B | +38% | -2% |
| Free cash flow | $936M | +35% | +14% |
What changed
Revenue was $22.1B in Q4 FY26, up 5% year over year and up 8% from the previous quarter. Fresh and frozen meats was the largest line at 20% of revenue.
Gross margin was 18.7%, down 0.2 points from Q4 FY25. Operating profit was $1.0B, a 4.4% margin (up 0.2 points year over year). Of the extra revenue versus Q4 FY25, 10% reached operating profit, above the 4% margin then. Operating expenses grew 2% against revenue growth of 5%. Net earnings were $0.55B, up 4% year over year. The effective tax rate was 23.5%.
Operating cash flow was $1.2B (down 2% year over year), 213% of net earnings. Non-cash charges added back $0.25B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.35B. Capital expenditures of $0.24B left free cash flow of $0.94B.
Questions
What was Sysco's revenue in the fourth quarter fiscal 2026?
Sysco (SYY) reported revenue of $22.1B for the fourth quarter fiscal 2026 (Q4 FY26), +5% from a year earlier and +8% from the quarter before.
Was Sysco profitable in the fourth quarter fiscal 2026?
Operating profit was $983M (4.4% of revenue) and net earnings $551M.
Source: Sysco 10-K on SEC EDGAR.