PG · 10-K · 2026A · Full report
Revenue Performance and Mix
PROCTER & GAMBLE Co · 2026-08-04 · Importance 31 · Surprise 32 · No source text
Fiscal 2026 net sales increased 3% to $87.032 billion from $84.284 billion, driven by 2% favorable foreign exchange and 1% pricing, while unit volume and mix were unchanged. Beauty grew 7% to $16.023 billion on 4% volume growth, Grooming grew 4% to $6.918 billion, Health Care grew 4% to $12.456 billion, Fabric & Home Care grew 2% to $30.314 billion, and Baby, Feminine & Family Care declined low single digits organically. Organic sales increased 1% overall, with mid-single-digit growth in Beauty and low-single-digit growth in Health Care, Grooming and Fabric & Home Care, while Baby, Feminine & Family Care declined low single digits. Beauty's global market share declined 0.3 points, Grooming's declined 0.4 points, Health Care's increased 0.4 points, and Fabric & Home Care's was unchanged.
Key facts
- Net earnings attributable to P&G were $16,046 million as reported and $16,688 million on a Core (non-GAAP) basis after a $261 million adjustment. source
- Net sales increased 3% to $87.0 billion in fiscal 2026 versus the prior year. source
- Net sales were $87,032 million in fiscal 2026 compared to $84,284 million in fiscal 2025. source
- Health Care net sales increased 4% to $12,456 million in fiscal 2026 and unit volume decreased 2%. source
- Fabric & Home Care net sales increased 2% to $30,314 million in fiscal 2026 with unit volume unchanged. source
- Baby, Feminine & Family Care net sales were $20,401 million, a 1% increase versus 2025. source
- Operating income was $19,748 million as reported and $20,497 million on a Core (non-GAAP) basis. source
- Net earnings decreased 4% to $5.6 billion. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +3.2% | Net sales were $87,032 million in fiscal 2026 compared to $84,284 million in fiscal 2025. |
| operating_income | positive | realized | +0.9% | Operating income was $19,748 million as reported and $20,497 million on a Core (non-GAAP) basis. |
| revenue | positive | realized | +0.8% | Fabric & Home Care net sales increased 2% to $30,314 million in fiscal 2026 with unit volume unchanged. |
| revenue | positive | realized | +0.5% | Health Care net sales increased 4% to $12,456 million in fiscal 2026 and unit volume decreased 2%. |
| net_income | negative | realized | -0.3% | Net earnings attributable to P&G were $16,046 million as reported and $16,688 million on a Core (non-GAAP) basis after a $261 million… |
| revenue | positive | realized | +0.2% | Baby, Feminine & Family Care net sales were $20,401 million, a 1% increase versus 2025. |