P&G Reports Fiscal Year 2026 Results

Procter & Gamble reported fiscal year 2026 net sales of $87 billion, an increase of 3% versus the prior year, comprised of a 2% increase due to favorable foreign exchange impacts and a 1% increase from higher pricing. Volume and mix were unchanged versus prior year. Organic sales, which excludes the impacts of foreign exchange and acquisitions and divestitures, increased 1% from higher pricing.

The company reported fiscal year 2026 fourth quarter net sales of $21.2 billion, an increase of 2% versus the prior year. Foreign exchange and rounding each contributed 1%. Volume, pricing and mix had a neutral impact on sales growth for the quarter. Organic sales, which excludes the impacts of foreign exchange and acquisitions and divestitures, were unchanged versus the prior year.

In the fiscal year 2026 fourth quarter, Baby, Feminine and Family Care segment organic sales decreased 2% versus year ago. Baby Care organic sales increased low single digits driven by volume growth, led by Greater China, and favorable product mix, partially offset by lower pricing. Feminine Care organic sales decreased low single digits driven by a volume decline, primarily in Europe, partially offset by favorable geographic mix. Family Care organic sales decreased mid-single digits driven by a volume decline, merchandising investments and unfavorable product mix.

“Fiscal 2026 was a year of foundation building while continuing to grow sales and profit and return high levels of cash to shareowners despite a very challenging geopolitical and economic environment,” says Shailesh Jejurikar, president and CEO. “In fiscal 2027, we expect to deliver progress on each of these key measures despite continued volatility. We believe the best path to sustainable, balanced growth is to double down on our strategy and put the consumer first in everything we do. Stronger, integrated execution to delight consumers with superior products at a superior value. We are confident in our plans to accelerate growth from semester-to-semester, and our investments will be funded with a strong productivity program. We are building momentum with consumers, and we are excited about the long-term opportunities ahead.”