Q3 FY26 · Ended Jun 27, 2026 · View SEC filing
Profit rose because last year's charge fell away
Gross profit fell 19.3%, yet operating income rose 39.2%, because the prior-year quarter carried a non-cash Beef impairment.
For investorsWhat has to happen for Beef to earn again?
For foundersOwning the price: what Tyson's branded foods teach
Tyson's largest segment, 38.9% of sales, ran at a loss because cattle costs rose faster than its prices.
Free cash flow was 1.3 times operating income, as plant spending fell to 1.1% of revenue.
Prepared Foods raised prices 1.6% with volume steady, a pricing power that commodity meat lacks.
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Business Lens describes Tyson Foods from its own filings with the SEC. It is not a view on its shares, a target, or advice to buy, sell or hold anything; figures are as filed and may be restated by the company later. The filing is linked above.