SYY · News · 20260804N

Operating Income and Margins

SYSCO CORP · 2026-08-04 · Importance 42 · Surprise 40

Fourth-quarter gross profit increased 3.7% year over year to $4.1 billion. Operating income increased 10.6% to $983 million, while adjusted operating income increased 4.1% to $1.1 billion. EBITDA increased 5.4% to $1.2 billion, and adjusted EBITDA increased 4.7% to $1.3 billion. Profit growth reflected volume gains, brand gains, productivity improvements, and cost actions, although investor commentary cited concerns about declining margins and leverage.

Key facts

• Gross profit increased 3.7% to $4.1 billion in the fourth quarter of fiscal 2026. source
• Operating income increased 10.6% to $983 million in the fourth quarter of fiscal 2026. source
• Adjusted operating income increased 4.1% to $1.1 billion in the fourth quarter of fiscal 2026. source
• Net earnings increased 3.8% to $551 million in the fourth quarter of fiscal 2026. source
• Adjusted net earnings increased 2.5% to $734 million in the fourth quarter of fiscal 2026. source
• EBITDA increased 5.4% to $1.2 billion in the fourth quarter of fiscal 2026. source
• Adjusted EBITDA increased 4.7% to $1.3 billion in the fourth quarter of fiscal 2026. source
• Higher incentive compensation costs of $11 million had a $0.01 impact to EPS in the quarter. source