Welcome to our dedicated page for PILGRIMS PRIDE SEC filings (Ticker: PPC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on PILGRIMS PRIDE's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time SEC filing updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into PILGRIMS PRIDE's regulatory disclosures and financial reporting.
Pilgrim's Pride Corporation reported significantly lower profitability for Q1 2026 while providing detailed non-GAAP reconciliations. Net revenue was $4,532.6 million versus $4,463.0 million a year earlier, but net income fell to $101.5 million from $296.3 million and EPS declined to $0.43 from $1.24.
Adjusted EBITDA decreased to $308.1 million from $533.2 million, with the Adjusted EBITDA margin narrowing to 6.8% from 12.0%. Management cites lower U.S. commodity market pricing impacting the Big Bird business, winter storms, and downtime from large capital projects, while U.S. Prepared Foods volumes gained share.
By region, Q1 2026 net revenue was $2,635.4 million in the U.S., $1,351.7 million in Europe and $545.5 million in Mexico. Adjusted operating income was $110.1 million in the U.S., $67.5 million in Europe and $10.9 million in Mexico, with margins of 4.2%, 5.0% and 2.0%, respectively.
Pilgrim’s Pride Corporation reported weaker profitability for the first quarter of 2026 despite modest sales growth. Net sales were $4.53 billion, up 1.6% from $4.46 billion a year earlier, but GAAP net income fell to $101.5 million and GAAP EPS dropped to $0.43 from $1.24.
Adjusted EBITDA declined to $308.1 million with a 6.8% margin versus $533.2 million and a 12.0% margin last year, as U.S. Fresh margins were pressured by plant downtime, winter storms and softer commodity fundamentals, and Mexico saw margin compression from increased supply and imports. Europe delivered steadier results with balanced products and ongoing efficiency efforts, while U.S. Prepared Foods grew strongly, including nearly 40% higher Just Bare® retail sales and continued construction of a new value-added facility in Walker County, Georgia.
The company highlighted surpassing its 2025 Scope 1 & 2 emissions intensity reduction targets linked to its Sustainability-Linked Bond and maintained a net leverage ratio of 1.25x Adjusted EBITDA, below its stated 2x–3x target range.
Pilgrim’s Pride Corporation reports strong 2025 performance and asks stockholders to vote on directors, executive pay and other items at its April 29, 2026 annual meeting. For 2025, the company generated net sales of $18.5 billion, net income of $1.1 billion and GAAP EPS of $4.54.
Adjusted EBITDA reached $2.3 billion, a 12.3% margin, supported by growth in U.S. prepared foods, European branded products and Mexican operations. The company paid nearly $2.0 billion in special dividends while keeping net leverage below 1.1x Adjusted EBITDA and highlights sustainability initiatives and tuition-free education benefits.
Pilgrim's Pride President and CEO Fabio Sandri reported equity-based awards and related conversions, with no open-market buying or selling. On February 11, 2026, he acquired 30,181 shares of common stock via performance-based RSUs, which vest in three equal installments on 12/31/2026, 12/31/2027, and 12/31/2028. Related dividend equivalent units (DEUs) totaling 1,754 units were also credited, each representing one future share under the same vesting terms. On February 17, 2026, additional DEUs of 2,946 and 3,794 were exercised and settled into common stock at a price of $0.00 per share. After these acquisitions, Sandri directly owned 327,851 shares of Pilgrim's Pride common stock.
Pilgrim's Pride Chief Financial Officer Matthew R. Galvanoni reported several equity compensation-related transactions in company stock. On February 18, 2026, he sold 6,963 shares of common stock at $43.518 per share to satisfy tax withholding obligations, leaving him with 91,397 directly owned shares.
On February 11, 2026, he earned 15,694 performance-based restricted stock units that vest in three equal installments on 12/31/2026, 12/31/2027, and 12/31/2028, with each unit representing one share of common stock. Related dividend equivalent units accrued and were exercised or converted on February 11 and February 17, 2026, resulting in additional common shares under the same vesting and settlement terms as the underlying RSUs.
Pilgrim’s Pride Corporation posted 2025 net sales of roughly $18.5 billion, up from $17.9 billion in 2024 and $17.4 billion in 2023. The U.S. segment contributed about $11.0 billion, Europe $5.4 billion and Mexico $2.1 billion, spanning fresh, prepared and export chicken and pork products.
The company is vertically integrated, serving major foodservice and retail customers across the U.S., U.K./Europe and Mexico, with over 63,000 employees and substantial global production capacity. JBS S.A. indirectly owns 82.28% of the common stock, and the filing details extensive risk factors around feed costs, disease, regulation, cyber threats, litigation and labor.
Pilgrim’s Pride Corporation furnished an investor overview for its upcoming earnings call, highlighting mixed fourth-quarter and full-year 2025 results. For Q4 2025, net revenue was 4,517.8 versus 4,372.0 in Q4 2024, but net income fell to 87.9 from 235.8 and EPS declined to 0.37 from 0.99. Adjusted EBITDA decreased to 415.1 from 525.7, and the adjusted EBITDA margin narrowed to 9.2% from 12.0%.
For the full year 2025, net sales rose to 18,497.6 from 17,878.3, while net income was 1,083.3 compared with 1,087.2 and Adjusted EBITDA improved slightly to 2,268.4 from 2,213.9. U.S. results were pressured by weaker commodity pricing in the Big Bird business despite growth with key retail and foodservice customers. Europe showed continued profit improvement from cost reduction and efficiency initiatives, while Mexico’s profitability declined due to supply and demand dynamics and higher imported proteins. SG&A was lower mainly from reduced legal settlements and defense costs, and net interest expense increased due to lower interest income after dividends paid in 2025.
Pilgrim’s Pride reported 2025 net sales of $18.5 billion, up 3.5% from 2024, with a GAAP operating margin of 8.7%. GAAP net income was $1.1 billion, or $4.54 per share, while adjusted net income reached $1.23 billion and adjusted EPS $5.17. Adjusted EBITDA was $2.27 billion, a 12.3% margin.
Fourth-quarter net sales were $4.52 billion, up 3.3% year over year. GAAP EPS fell to $0.37 from $0.99, mainly reflecting sizable litigation and restructuring charges, while adjusted EPS was $0.64. The U.S. business outpaced industry growth in fresh chicken and delivered strong prepared foods performance, Europe improved sales and profitability, and Mexico grew sales but saw weaker margins.
The company returned $2 billion in cash to shareholders through special dividends and ended the year with a net leverage ratio below 1.1x adjusted EBITDA. Management highlighted continued diversification into branded products, ongoing efficiency gains in Europe, investments in Mexico, and progress on emissions and social sustainability metrics.