Filing Flows › United Natural Foods (UNFI) › Q3 FY26
United Natural Foods (UNFI) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Jun 9, 2026
United Natural Foods (UNFI) reported revenue of $7.7B for the third quarter fiscal 2026 (Q3 FY26), -4% from a year earlier and -3% from the quarter before. Operating margin was 0.9%, net earnings $33.0M (0.4% of revenue).
United Natural Foods, Q3 FY26: revenue $7.7B (-4% year over year), operating margin 0.9%, net earnings $33.0M, operating cash flow $98.0M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.7B | -3% | -4% |
| Gross profit | $1.0B | +0.3% | -3% |
| Operating profit | $66.0M | +16% | +340% |
| Net earnings | $33.0M | +65% | — |
| Operating cash flow | $98.0M | -65% | -43% |
| Free cash flow | $54.0M | -78% | -55% |
What changed
Revenue was $7.7B in Q3 FY26, down 4% year over year and down 3% from the previous quarter. Natural was the largest line at 56% of revenue. Conventional lost $0.46B year over year (down 14%), 137% of the total change.
Gross margin was 13.6%, up 0.2 points from Q3 FY25. Operating profit was $0.07B, a 0.9% margin (up 0.7 points year over year). Operating expenses fell 8% while revenue fell 4%. Net earnings were $0.03B. The effective tax rate was 21.4%.
Operating cash flow was $0.10B (down 43% year over year), 297% of net earnings. Non-cash charges added back $0.09B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.04B. Capital expenditures of $0.04B left free cash flow of $0.05B.
Questions
What was United Natural Foods' revenue in the third quarter fiscal 2026?
United Natural Foods (UNFI) reported revenue of $7.7B for the third quarter fiscal 2026 (Q3 FY26), -4% from a year earlier and -3% from the quarter before.
Was United Natural Foods profitable in the third quarter fiscal 2026?
Operating profit was $66.0M (0.9% of revenue) and net earnings $33.0M.