Procter & Gamble (PG) FY2026 results: revenue $87.0 billion, up 3.3% on the year

Procter & Gamble creates, makes, markets and distributes branded household and personal products, sold in about 180 countries and territories. It was incorporated in Ohio in 1905, having first been a New Jersey corporation in 1890, and the business was founded in Cincinnati in 1837 by William Procter and James Gamble. The financial year ends on 30 June. There are five reportable segments. Fabric and Home Care is the largest at 35 percent of net sales in fiscal 2026, then Baby, Feminine and Family Care at 24 percent, Beauty at 19 percent, Grooming at 8 percent, and Health Care.

Fabric and Home Care

Fabric care covers laundry detergents, fabric enhancers and laundry additives under Tide, Ariel, Downy and Gain; the company reports over 35 percent share of the markets it competes in and describes itself as the global market leader. Home care covers air care, dish care, surface care and P&G Professional under Cascade, Dawn, Fairy, Febreze, Mr. Clean and Swiffer, with reported share above 30 percent across those categories.

Baby, Feminine and Family Care

Baby care is taped diapers, pants and baby wipes under Pampers and Luvs, with reported global share above 30 percent. Feminine care is menstrual care under Always and Tampax, where the company reports nearly 35 percent global share, and adult incontinence under Always Discreet, with over 15 percent in the markets it serves. Family care is paper towels, tissues and toilet paper under Bounty, Charmin and Puffs, and is predominantly a North American business, where the company reports nearly 40 percent share for Bounty and over 25 percent for Charmin.

Beauty

Hair care, personal care and skin care. In hair care, covering conditioners, shampoos, styling aids and treatments, the brands are Head & Shoulders, Herbal Essences, Pantene and Rejoice, and the company reports about 20 percent global share and describes itself as market leader. Personal care is antiperspirants, deodorants and personal cleansing under Native, Old Spice, Safeguard and Secret, with about 20 percent global share and a reported number two position. Skin care is facial moisturisers, cleansers and treatments under Olay and SK-II, with about 5 percent global share.

Grooming and Health Care

Grooming is blades and razors, pre- and post-shave products and appliances, with Gillette and Venus in blades, where the company reports more than 60 percent global share, and Braun in appliances including electric shavers and intense pulsed light devices, where it reports nearly 30 percent of the male electric shaver market; it puts its share of the overall grooming market at more than 50 percent. Health Care covers oral care and personal health care, the latter spanning gastrointestinal products, pain relief, rapid diagnostics, respiratory products and vitamins, minerals and supplements, under Metamucil, Neurobion, Pepto-Bismol and Vicks.

How it is organised and who it sells to

Sector business units run the categories, enterprise markets carry sales and profit in particular countries, working to product and supply chain plans agreed with the business units, corporate functions hold company-level strategy, accounting, treasury, tax, external relations, governance, human resources, technology and legal, and global business services supplies shared technology, process and data services. Customers are mass merchandisers, digital and social commerce channels, grocery stores, membership clubs, drug stores, department stores, distributors, wholesalers, specialty beauty stores including airport duty-free, high-frequency stores, pharmacies, electronics stores and professional channels, and the company also sells direct to consumers. Sales to Walmart and its affiliates were approximately 16 percent of the total in 2026, 2025 and 2024, no other customer was above 10 percent, and the top ten customers were approximately 43 percent of net sales in 2026 and 2025.

Materials and people

Almost all raw and packaging materials are bought from third parties, some of them single-source, though the company makes certain raw materials itself, primarily chemicals. Fuel, natural gas and derivative products are consumed both in manufacturing and in moving materials and finished goods. Prices move, including with new or increased tariffs, and the filing states the company may or may not pass changes on to customers. There were approximately 104,000 employees at 30 June 2026, 4 percent fewer than a year earlier because of the restructuring programme under way, of whom 49 percent work in manufacturing roles and 28 percent are in the United States.

From Procter & Gamble's annual report on Form 10-K for the year ended 30 June 2026. The filing

Written from the 10-K filed 4 August 2026: read the full 10-K.