PG · 10-Q · 2026Q3 · Full report

Interest Expense Increase

PROCTER & GAMBLE Co · 2026-10-22 · Importance 42 · Surprise 40

Interest expense increased $26 million year over year to $223 million in the quarter ended September 30, 2026. Interest income declined $6 million to $102 million. Other non-operating income declined $61 million to $207 million. The financing-cost changes occurred while P&G increased net debt to help fund the $3.9 billion all-cash Thorne acquisition.

Key facts

• Interest expense for the quarter was $223 million, an increase of $26 million versus the prior year period. source