Filing Flows › US Foods Holding (USFD) › Q2 2026
US Foods Holding (USFD) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
US Foods Holding (USFD) reported revenue of $10.5B for the second quarter 2026 (Q2 2026), +4% from a year earlier and +10% from the quarter before. Operating margin was 4.2%, net earnings $275M (2.6% of revenue).
US Foods Holding, Q2 2026: revenue $10.5B (+4% year over year), operating margin 4.2%, net earnings $275M, operating cash flow $431M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $10.5B | +10% | +4% |
| Gross profit | $1.9B | +16% | +8% |
| Operating profit | $443M | +105% | +19% |
| Net earnings | $275M | +137% | +23% |
| Operating cash flow | $431M | +47% | +29% |
| Free cash flow | $355M | +81% | +38% |
What changed
Revenue was $10.5B in Q2 2026, up 4% year over year and up 10% from the previous quarter. Meats and seafood was the largest line at 36% of revenue. Meats and seafood added $0.21B year over year (up 6%), 47% of the total change. Dairy declined 6%.
Gross margin was 18.2%, up 0.6 points from Q2 2025. Operating profit was $0.44B, a 4.2% margin (up 0.5 points year over year). Of the extra revenue versus Q2 2025, 16% reached operating profit, above the 4% margin then. Operating expenses grew 5% against revenue growth of 4%. Net earnings were $0.28B, up 23% year over year. The effective tax rate was 25.5%.
Operating cash flow was $0.43B (up 29% year over year), 157% of net earnings. Non-cash charges added back $0.12B of depreciation and amortization and $0.03B of share-based compensation. Capital expenditures of $0.08B left free cash flow of $0.35B.
Questions
What was US Foods Holding's revenue in the second quarter 2026?
US Foods Holding (USFD) reported revenue of $10.5B for the second quarter 2026 (Q2 2026), +4% from a year earlier and +10% from the quarter before.
Was US Foods Holding profitable in the second quarter 2026?
Operating profit was $443M (4.2% of revenue) and net earnings $275M.
Source: US Foods Holding 10-Q on SEC EDGAR.