PILGRIMS PRIDE CORPPPCEarnings & Financial Report
Pilgrim's Pride Corporation is an American, multi-national food company, currently one of the largest chicken producers in the United States and Puerto Rico and the second-largest chicken producer in Mexico. It exited bankruptcy in December 2009 and relocated its U.S. headquarters to Greeley, Colorado, in 2011. It is majority-owned by JBS S.A. Pilgrim's Pride purchased Gold'n Plump for $350 million in late November 2016.
Revenue
$4.6B
Gross Profit
$691.6M
Operating Profit
$440.8M
Net Profit
$326.3M
Gross Margin
15.2%
Operating Margin
9.7%
Net Margin
7.2%
YoY Growth
5.8%
EPS
$1.37
PILGRIMS PRIDE CORP Q2 FY2024 Financial Summary
PILGRIMS PRIDE CORP reported revenue of $4.6B (up 5.8% YoY) for Q2 FY2024, with a net profit of $326.3M (up 439.7% YoY) (7.2% margin). Cost of goods sold was $3.9B, operating expenses totaled $250.8M.
Key Financial Metrics
| Total Revenue | $4.6B |
|---|---|
| Net Profit | $326.3M |
| Gross Margin | 15.2% |
| Operating Margin | 9.7% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
PILGRIMS PRIDE CORP Q2 FY2024 revenue of $4.6B breaks down across 13 segments, led by Fresh Product at $2.2B (48.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Fresh Product | $2.2B | 48.3% |
| Food Service | $1.0B | 22.8% |
| Mexico Reportable Segment | $593.8M | 13.0% |
| Prepared Product | $254.3M | 5.6% |
| Other | $125.2M | 2.7% |
| Product Export | $120.0M | 2.6% |
| Other Sales Channel | $110.0M | 2.4% |
| Other Product And Service | $87.8M | 1.9% |
| Related Party | $9.5M | 0.2% |
| JBSUSA Food Company | $8.3M | 0.2% |
| Seara Meats B.V. | $4.9M | 0.1% |
| Penasul UKLTD | $3.0M | 0.1% |
| Other Related Party | $2.0M | 0.0% |
PILGRIMS PRIDE CORP Revenue by Segment — Quarterly Trend
PILGRIMS PRIDE CORP revenue by segment across the last 4 reported quarters, showing how each business line (such as Fresh Product and Food Service) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Fresh Product | — | — | — | $2.3B |
| Food Service | — | $889.2M | $1.1B | $1.1B |
| Mexico Reportable Segment | — | — | — | $565.7M |
| Prepared Product | — | $332.8M | $351.2M | $308.5M |
| Other | — | — | — | $135.8M |
PILGRIMS PRIDE CORP Annual Revenue by Year
PILGRIMS PRIDE CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $18.5B).
| Year | Annual Revenue |
|---|---|
| 2025 | $18.5B |
| 2024 | $17.9B |
| 2023 | $17.4B |
| 2022 | $17.5B |
PILGRIMS PRIDE CORP Quarterly Revenue & Net Profit History
PILGRIMS PRIDE CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $4.5B | +1.6% | $101.5M | 2.2% |
| Q4 FY2025 | $4.5B | +3.3% | $88.0M | 1.9% |
| Q3 FY2025 | $4.8B | +3.8% | $342.8M | 7.2% |
| Q2 FY2025 | $4.8B | +4.3% | $355.5M | 7.5% |
| Q1 FY2025 | $4.5B | +2.3% | $296.0M | 6.6% |
| Q4 FY2024 | $4.4B | -3.5% | $235.9M | 5.4% |
| Q3 FY2024 | $4.6B | +5.2% | $349.9M | 7.6% |
| Q2 FY2024 | $4.6B | +5.8% | $326.3M | 7.2% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.56B | $4.58B | $4.37B | $4.46B | $4.76B | $4.76B | $4.52B | $4.53B |
| YoY Growth | 5.8% | 5.2% | -3.5% | 2.3% | 4.3% | 3.8% | 3.3% | 1.6% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $10.08B | $10.70B | $10.65B | $10.96B | $10.12B | $9.95B | $10.34B | $10.20B |
| Liabilities | $6.33B | $6.48B | $6.40B | $7.82B | $6.37B | $6.40B | $6.65B | $6.47B |
| Equity | $3.73B | $4.20B | $4.24B | $3.13B | $3.74B | $3.54B | $3.68B | $3.74B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $718.6M | $651.1M | $349.3M | $126.9M | $495.2M | $458.3M | $291.2M |