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How Tyson Foods (TSN) makes money
Tyson Foods (TSN) made $13.9B of revenue in the third quarter fiscal 2026 (Q3 FY26), -0.1% from a year earlier. Of every dollar of revenue, 7¢ was left as gross profit, 3¢ was left as operating profit, 1¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 FY26 | % of revenue |
|---|---|---|
| Revenue | $13.9B | 100.0% |
| Cost of revenue | $12.9B | 93.4% |
| Gross profit | $921M | 6.6% |
| Operating expenses | $559M | 4.0% |
| Operating profit | $362M | 2.6% |
| Income tax | $80.0M | 0.6% |
| Net earnings | $186M | 1.3% |
| Operating cash flow | $640M | 4.6% |
| Free cash flow | $481M | 3.5% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 FY26 | $13.9B | -0.1% |
| Q2 FY26 | $13.7B | +4% |
| Q1 FY26 | $14.3B | +5% |
| Q4 FY25 | $13.9B | +2% |
| Q3 FY25 | $13.9B | +4% |
| Q2 FY25 | $13.1B | 0% |
| Q4 FY24 | $13.6B | +2% |
From Tyson Foods' 10-Q filed Aug 3, 2026 (on EDGAR).
Questions
How does Tyson Foods make money?
Tyson Foods (TSN) made $13.9B of revenue in the third quarter fiscal 2026 (Q3 FY26), -0.1% from a year earlier. Of every dollar of revenue, 7¢ was left as gross profit, 3¢ was left as operating profit, 1¢ was left as net earnings.
What is Tyson Foods' profit margin?
Net earnings were $186M, 1.3% of revenue, in the third quarter fiscal 2026; the operating margin was 2.6%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.