PG · 10-K · 2026A · Full report

Geographic Revenue Concentration

PROCTER & GAMBLE Co · 2026-08-04 · Importance 38 · Surprise 6

P&G generates more than half of its sales outside the United States, with Greater China, the United Kingdom, Canada, Japan and Germany representing approximately 21% of fiscal 2026 net sales collectively. The Company identifies geopolitical tensions, economic volatility, currency controls, tariffs, foreign exchange and interest-rate changes as factors that can affect sales, earnings and cash flow. The Russia business represented 1% of consolidated net sales, net earnings and net assets as of June 30, 2026, while P&G also cited the Middle East conflict and Russia-Ukraine war as ongoing exposures.

Key facts

• Our largest international markets (Greater China, the United Kingdom, Canada, Japan and Germany) collectively comprised approximately 21% of our net sales in fiscal 2026. source