Revenue Growth
PG reported a 1.5% increase in revenue to $22.21 billion, driven by strong sales in key markets.
Source: 10-Q Income Statement
Computed from published fixed rules, not a model's judgement — though one input, the count of high-severity risks, comes from the AI analysis below.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
PG's Q2 FY2026 results show modest revenue growth but declining profitability due to increased costs and expenses.
Revenue
$22.21B
+1.49% YoY
EPS (Diluted)
$1.78
-5.32% YoY
Operating Income
$5.37B
-6.53% YoY
Source: SEC XBRL
Procter & Gamble (PG) reported Q2 FY2026 revenue of $22.21B, up 1.5% year over year. Operating margin was 24.2%, down 2.0 points from 26.2% a year earlier. PG's fiscal Q2 FY2026 corresponds to calendar Q4 2025.
Last 4 quarters: 1 beat
| Quarter | Actual EPS (USD) | Consensus (USD) | Result |
|---|---|---|---|
| Jun 2026 | 1.43 | 1.45 | Miss -1.5% |
| Mar 2026 | 1.59 | 1.60 | Miss -0.8% |
| Dec 2025This filing | 1.88 | 1.91 | Miss -1.6% |
| Sep 2025 | 1.99 | 1.95 | Beat +1.9% |
Adjusted (non-GAAP) EPS of $1.88 versus the $1.91 analyst consensus — a -1.6% miss for Dec 2025. Analyst consensus is quoted on the adjusted (non-GAAP) basis the street uses. GAAP diluted EPS for this quarter was $1.78.
Compiled by AI from this SEC filing
PG reported a 1.5% increase in revenue to $22.21 billion, driven by strong sales in key markets.
Source: 10-Q Income Statement
The cost of revenue rose by 4.0% to $10.83 billion, impacting gross margins and overall profitability.
Source: 10-Q Income Statement
SG&A expenses increased by 5.0% to $6.01 billion, further pressuring operating margins.
Source: 10-Q Income Statement
Compiled by AI from this SEC filing · 1 high, 2 medium, 0 low
Increased costs of revenue and SG&A expenses have negatively impacted profitability, which could continue if inflationary pressures persist.
Source: 10-Q Income Statement
With long-term debt at $25.58 billion, PG's financial flexibility may be constrained, especially if interest rates rise.
Source: 10-Q Balance Sheet
Negative investing cash flow and reduced share buybacks indicate potential challenges in cash flow management.
Source: 10-Q Cash Flow
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue $B | 22.21 $B | 21.88 $B | +1.49% |
Cost of Revenue $B | 10.83 $B | 10.42 $B | +3.99% |
Operating Income $B | 5.37 $B | 5.74 $B | -6.53% |
Net Income $B | 4.32 $B | 4.63 $B | -6.72% |
EPS (Basic) $ | 1.82 $ | 1.94 $ | -6.19% |
EPS (Diluted) $ | 1.78 $ | 1.88 $ | -5.32% |
SG&A Expense $B | 6.01 $B | 5.72 $B | +4.98% |
Answers draw on this SEC filing and the data on this page
PG reported solid revenue growth of 7.4% in Q3 FY2026, driven by increased sales, despite facing rising costs that slightly pressured margins.
P&G reported flat organic volume growth and margin compression in FY2026, with operating income down 3% despite a 3% increase in reported net sales, as the company invested heavily in marketing and product superiority.
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