SyscoSYYEarnings & Financial Report
Sysco is an American multinational corporation that sells, markets, and distributes food products to restaurants, healthcare and educational facilities, sports stadiums, and other venues that serve food. It also sells foodservice supplies and equipment. The company is headquartered in the Energy Corridor district of Houston, Texas.
Revenue
$19.4B
Gross Profit
$3.6B
Operating Profit
$722.0M
Net Profit
$424.7M
Gross Margin
18.6%
Operating Margin
3.7%
Net Margin
2.2%
YoY Growth
-1.8%
EPS
$0.85
Sysco Q3 FY2024 Financial Summary
Sysco reported revenue of $19.4B (down 1.8% YoY) for Q3 FY2024, with a net profit of $424.7M (down 42.1% YoY) (2.2% margin). Cost of goods sold was $15.8B, operating expenses totaled $2.9B.
Key Financial Metrics
| Total Revenue | $19.4B |
|---|---|
| Net Profit | $424.7M |
| Gross Margin | 18.6% |
| Operating Margin | 3.7% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
Sysco Q3 FY2024 revenue of $19.4B breaks down across 13 segments, led by International Foodservice Operations at $3.5B (18.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| International Foodservice Operations | $3.5B | 18.0% |
| Canned And Dry Products1 | $2.7B | 13.9% |
| Fresh And Frozen Meats1 | $2.5B | 12.7% |
| Frozen Fruits Vegetables Bakery And Other1 | $2.0B | 10.4% |
| Sygma Segment | $1.9B | 9.8% |
| Dairy Products1 | $1.4B | 7.3% |
| Fresh Produce1 | $1.4B | 7.0% |
| Poultry1 | $1.3B | 6.8% |
| Paper And Disposables1 | $1.0B | 5.2% |
| Seafood1 | $544.4M | 2.8% |
| Beverage Products1 | $351.4M | 1.8% |
| Equipment And Smallwares | $282.7M | 1.5% |
| Other Products | $263.8M | 1.4% |
Sysco Revenue by Segment — Quarterly Trend
Sysco revenue by segment across the last 4 reported quarters, showing how each business line (such as International Foodservice Operations and Canned And Dry Products1) has evolved quarter over quarter.
| Segment | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| International Foodservice Operations | $4.0B | $4.0B | $3.9B | $3.5B |
| Canned And Dry Products1 | $2.7B | $2.7B | $2.7B | $2.6B |
| Fresh And Frozen Meats1 | $3.0B | $2.9B | $2.8B | — |
| Frozen Fruits Vegetables Bakery And Other1 | $2.1B | $2.1B | $2.1B | $2.0B |
| Sygma Segment | $2.1B | $2.1B | $2.2B | $2.1B |
Sysco Annual Revenue by Year
Sysco annual revenue history includes year-by-year totals (for example, 2025 revenue was $81.4B).
| Year | Annual Revenue |
|---|---|
| 2025 | $81.4B |
| 2024 | $78.8B |
| 2022 | $68.6B |
Sysco Quarterly Revenue & Net Profit History
Sysco results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2026 | $20.8B | +3.0% | $389.0M | 1.9% |
| Q1 FY2026 | $21.1B | +3.2% | $476.0M | 2.3% |
| Q4 FY2025 | $21.1B | +2.8% | $531.0M | 2.5% |
| Q3 FY2025 | $19.6B | +1.1% | $401.0M | 2.0% |
| Q2 FY2025 | $20.2B | +4.5% | $406.0M | 2.0% |
| Q1 FY2025 | $20.5B | +4.4% | $490.0M | 2.4% |
| Q4 FY2024 | $20.6B | +8.9% | $611.7M | 3.0% |
| Q3 FY2024 | $19.4B | -1.8% | $424.7M | 2.2% |
Income Statement
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $19.38B | $20.56B | $20.48B | $20.15B | $19.60B | $21.14B | $21.15B | $20.76B |
| YoY Growth | -1.8% | 8.9% | 4.4% | 4.5% | 1.1% | 2.8% | 3.2% | 3.0% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $24.71B | $24.92B | $25.88B | $25.32B | $26.35B | $26.77B | $27.04B | $27.18B |
| Liabilities | $22.61B | $23.06B | $23.67B | $23.30B | $24.43B | $24.94B | N/A | N/A |
| Equity | $2.10B | $1.86B | $2.21B | $2.01B | $1.92B | $1.83B | $2.07B | $2.28B |
Cash Flow
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $517.3M | $1.62B | $53.0M | $445.0M | $819.0M | $1.19B | $86.0M | $525.0M |