Filing Flows › US Foods Holding (USFD) › Q3 2026 › vs Q3 2025
US Foods Holding (USFD) Q3 2026 vs Q3 2025 (year over year)
US Foods Holding's revenue rose $211M (+2%) from $10.2B in Q3 2025 to $10.4B in Q3 2026. The biggest changes: Dry grocery products +$92.0M (+5%); Equipment, disposables and supplies +$89.0M (+10%); Dairy −$62.0M (-6%). Gross margin 18.3% against 17.2% (+1.1 pts).
US Foods Holding, Q3 2026: revenue $10.4B (+2% year over year), operating margin 3.6%, net earnings $218M, operating cash flow $435M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 18.3% | 17.2% | +1.1 pts |
| Operating margin | 3.6% | 2.8% | +0.8 pts |
| Net margin | 2.1% | 1.5% | +0.6 pts |
| Free cash flow margin | 3.3% | 2.3% | +1.0 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Meats and seafood | $3.7B | $3.7B | −$11.0M | -0.3% |
| Dry grocery products | $1.8B | $1.7B | $92.0M | +5% |
| Refrigerated and frozen grocery products | $1.7B | $1.7B | $50.0M | +3% |
| Dairy | $1.0B | $1.1B | −$62.0M | -6% |
| Equipment, disposables and supplies | $987M | $898M | $89.0M | +10% |
| Beverage products | $651M | $610M | $41.0M | +7% |
| Produce | $521M | $509M | $12.0M | +2% |
| Revenue | $10.4B | $10.2B | $211M | +2% |
| Gross profit | $1.9B | $1.8B | $151M | +9% |
| Cost of revenue | $8.5B | $8.4B | $60.0M | +0.7% |
| Operating profit | $371M | $282M | $89.0M | +32% |
| Operating expenses | $1.5B | $1.5B | $62.0M | +4% |
| Pre-tax earnings | $293M | $206M | $87.0M | +42% |
| Other expense, net | $78.0M | $76.0M | $2.0M | +3% |
| SG&A | $1.5B | $1.5B | $41.0M | +3% |
| Other operating costs | $34.0M | $13.0M | $21.0M | +162% |
| Net earnings | $218M | $153M | $65.0M | +42% |
| Income tax | $75.0M | $53.0M | $22.0M | +42% |
| Depreciation & amortization | $123M | $118M | $5.0M | +4% |
| Share-based compensation | $22.0M | $19.0M | $3.0M | +16% |
| Working capital & other | $72.0M | $61.0M | $11.0M | +18% |
| Operating cash flow | $435M | $351M | $84.0M | +24% |
| Free cash flow (OCF − capex) | $343M | $236M | $107M | +45% |
| Capital expenditures | $92.0M | $115M | −$23.0M | -20% |
Questions
How much did US Foods Holding's revenue grow year over year in Q3 2026?
US Foods Holding's revenue rose $211M (+2%) from $10.2B in Q3 2025 to $10.4B in Q3 2026.
What drove US Foods Holding's revenue change in Q3 2026?
Dry grocery products +$92.0M (+5%); Equipment, disposables and supplies +$89.0M (+10%); Dairy −$62.0M (-6%).