Tyson Foods Reports First Quarter 2026 Results

Strong Operational Execution Delivers Market Share Gains and Top Line Growth

Springdale, Arkansas – Tyson Foods, Inc., one of the world’s largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair, reported the following results:

• Sales of $14,313 million, up 5.1% from prior year; Sales up 6.2% excluding impact of $150 million increase in legal contingency accruals, which was recognized as a reduction to Sales
• GAAP operating income of $302 million, down 48% from prior year
• Adjusted operating income of $572 million, down 13% from prior year
• GAAP EPS of $0.24, down 76% from prior year
• Adjusted EPS of $0.97, down 15% from prior year
• Total Company GAAP operating margin of 2.1%
• Total Company adjusted operating margin (non-GAAP) of 4.0%
• Liquidity of $4.5 billion as of December 27, 2025
• Cash provided by operating activities of $942 million, down $89 million from prior year
• Free cash flow (non-GAAP) of $690 million, down $70 million from prior year
• Reduced total debt $468 million

“Our first quarter results reflect solid execution across our portfolio,” said Donnie King, President & CEO of Tyson Foods. “Prepared Foods delivered top and bottom-line growth while Chicken reported its fifth consecutive quarter of year-over-year volume gains. As protein demand continues to increase, our consistent share gains demonstrate we are well-positioned to capture this momentum. I’m encouraged by the progress we’ve made and confident we will drive continued improvement across the controllable aspects of our business in fiscal 2026.”

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