Performance Food Group Company (PFGC) financial statements: income statement, balance sheet and cash flow
Performance Food Group Company's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Jun 27, 2026 · FY), Performance Food Group Company reported revenue of $67.8B (+7.2% year on year) and net income of $359.3M (+5.6% year on year).
Income statement
Performance Food Group Company income statement, fiscal years
Line item
Jun 27, 2026 · FY
Jun 28, 2025 · FY
Jul 1, 2023 · FY
Jul 2, 2022 · FY
Net sales
$67.8B
$63.3B
$57.3B
$50.9B
Cost of goods sold
$59.7B
$55.9B
$51.0B
$45.6B
Gross profit
$8.1B
$7.4B
$6.3B
$5.3B
Operating expenses
$7.2B
$6.6B
$5.5B
$4.9B
Operating profit
$887.5M
$816.3M
$765.8M
$327.4M
Interest expense
$413.7M
$358.4M
$218.0M
$182.9M
Other, net
($12.0M)
($900.0K)
$3.8M
($22.6M)
Other expense, net
$401.7M
$357.5M
$221.8M
$160.3M
Income before taxes
$485.8M
$458.8M
$544.0M
$167.1M
Income tax expense
$126.5M
$118.6M
$146.8M
$54.6M
Net income
$359.3M
$340.2M
$397.2M
$112.5M
Basic
155.9M
154.8M
154.2M
149.8M
Diluted
157.0M
156.4M
156.1M
151.3M
Basic
$2.30
$2.20
$2.58
$0.75
Diluted
$2.29
$2.18
$2.54
$0.74
Performance Food Group Company income statement, quarters
Line item
Mar 28, 2026 · Q3
Dec 27, 2025 · Q2
Sep 27, 2025 · Q1
Mar 29, 2025 · Q3
Net sales
$16.3B
$16.4B
$17.1B
$15.3B
Cost of goods sold
$14.4B
$14.5B
$15.1B
—
Gross profit
$1.9B
$2.0B
$2.0B
—
Operating expenses
$1.8B
$1.8B
$1.8B
—
Operating profit
$148.9M
$190.1M
$224.7M
—
Interest expense
$102.9M
$104.5M
$104.4M
—
Other, net
($9.9M)
($1.1M)
($1.2M)
—
Other expense, net
$93.0M
$103.4M
$103.2M
—
Income before taxes
$55.9M
$86.7M
$121.5M
$78.5M
Income tax expense
$14.2M
$25.0M
$27.9M
—
Net income
$41.7M
$61.7M
$93.6M
—
Basic
156.1M
155.8M
155.5M
—
Diluted
157.0M
156.8M
156.9M
—
Basic
$0.27
$0.40
$0.60
—
Diluted
$0.27
$0.39
$0.60
—
Balance sheet
Performance Food Group Company balance sheet, fiscal years
Line item
Jun 27, 2026 · FY
Jun 28, 2025 · FY
Jun 29, 2024 · FY
Jul 1, 2023 · FY
Cash
$92.4M
$78.5M
$20.0M
$12.7M
Accounts receivable, less allowances of $71.4 and $69.0
$3.1B
$2.8B
$2.5B
$2.4B
Inventories, net
$4.3B
$3.9B
$3.3B
$3.4B
Income taxes receivable
$69.5M
$96.2M
$71.6M
$41.7M
Prepaid expenses and other current assets
$259.9M
$239.7M
$268.1M
$227.8M
Total current assets
$7.8B
$7.1B
$6.2B
$6.1B
Goodwill
$3.6B
$3.5B
$2.4B
$2.3B
Other intangible assets, net
$1.5B
$1.7B
$971.1M
$1.0B
Property, plant and equipment, net
$4.8B
$4.5B
$2.8B
$2.3B
Operating lease right-of-use assets
$898.5M
$933.8M
$875.5M
$703.6M
Other assets
$247.0M
$185.0M
$186.2M
$130.5M
Total assets
$18.8B
$17.9B
$13.4B
$12.5B
Trade accounts payable and outstanding checks in excess of deposits
$3.7B
$3.2B
$2.6B
$2.5B
Accrued expenses and other current liabilities
$1.1B
$1.0B
$908.3M
$891.5M
Finance lease obligations—current installments
$265.4M
$221.9M
$147.2M
$102.6M
Operating lease obligations—current installments
$108.5M
$104.5M
$108.2M
$105.5M
Total current liabilities
$5.2B
$4.5B
$3.8B
$3.6B
Long-term debt
$5.0B
$5.4B
$3.2B
$3.5B
Deferred income tax liability, net
$974.8M
$887.1M
$497.9M
$446.2M
Finance lease obligations, excluding current installments
$1.5B
$1.4B
$703.2M
$447.3M
Operating lease obligations, excluding current installments
$864.6M
$900.7M
$819.3M
$628.9M
Other long-term liabilities
$407.7M
$334.7M
$289.0M
$217.9M
Total liabilities
$13.9B
$13.4B
$9.3B
$8.8B
Common Stock: $0.01 par value per share, 1.0 billion shares authorized, 156.1 million shares issued and outstanding as of June 27, 2026; 154.9 million shares issued and outstanding as of June 28, 2025
$1600000.00
$1500000.00
$1500000.00
$1500000.00
Additional paid-in capital
$2.9B
$2.8B
$2.8B
$2.9B
Accumulated other comprehensive loss, net of tax benefit of $1.1 and $0.9
($3.7M)
($3.2M)
$4.0M
$14.0M
Retained earnings
$2.0B
$1.6B
$1.3B
$867.0M
Total shareholders’ equity
$4.9B
$4.5B
$4.1B
$3.7B
Total liabilities and shareholders’ equity
$18.8B
$17.9B
$13.4B
$12.5B
Performance Food Group Company balance sheet, quarters
Line item
Mar 28, 2026
Dec 27, 2025
Sep 27, 2025
Mar 29, 2025
Cash
$45.9M
$41.0M
$38.1M
$10.2M
Accounts receivable, less allowances of $73.1 and $69.0
$2.9B
$2.7B
$2.8B
$2.7B
Inventories, net
$4.1B
$4.3B
$4.4B
$3.7B
Income taxes receivable
$74.8M
$65.0M
$93.9M
$128.4M
Prepaid expenses and other current assets
$294.4M
$278.0M
$227.3M
$243.3M
Total current assets
$7.4B
$7.4B
$7.6B
$6.8B
Goodwill
$3.6B
$3.5B
$3.5B
$3.5B
Other intangible assets, net
$1.6B
$1.6B
$1.6B
$1.7B
Property, plant and equipment, net
$4.7B
$4.6B
$4.5B
$4.0B
Operating lease right-of-use assets
$925.9M
$941.7M
$931.9M
$958.3M
Other assets
$236.6M
$222.8M
$214.2M
$170.8M
Total assets
$18.4B
$18.2B
$18.4B
$17.1B
Trade accounts payable and outstanding checks in excess of deposits
$3.6B
$3.3B
$3.4B
$3.1B
Accrued expenses and other current liabilities
$924.0M
$943.6M
$846.7M
$838.6M
Finance lease obligations—current installments
$255.6M
$243.8M
$232.9M
$209.1M
Operating lease obligations—current installments
$108.9M
$107.6M
$104.6M
$104.6M
Total current liabilities
$4.9B
$4.6B
$4.6B
$4.2B
Long-term debt
$5.1B
$5.3B
$5.6B
$5.4B
Deferred income tax liability, net
$925.9M
$903.5M
$903.0M
$883.3M
Finance lease obligations, excluding current installments
$1.5B
$1.5B
$1.4B
$1.0B
Operating lease obligations, excluding current installments
$890.2M
$902.3M
$893.5M
$922.8M
Other long-term liabilities
$393.8M
$380.7M
$360.3M
$314.3M
Total liabilities
$13.7B
$13.5B
$13.8B
$12.8B
Common Stock: $0.01 par value per share, 1.0 billion shares authorized, 156.0 million shares issued and outstanding as of March 28, 2026; 154.9 million shares issued and outstanding as of June 28, 2025
$1600000.00
$1600000.00
$1600000.00
$1500000.00
Additional paid-in capital
$2.9B
$2.9B
$2.8B
$2.8B
Accumulated other comprehensive loss, net of tax benefit of $1.0 and $0.9
($3.4M)
($3.4M)
($4.3M)
($4.9M)
Retained earnings
$1.8B
$1.8B
$1.7B
$1.5B
Total shareholders’ equity
$4.7B
$4.6B
$4.6B
$4.3B
Total liabilities and shareholders’ equity
$18.4B
$18.2B
$18.4B
$17.1B
Cash flow statement
Performance Food Group Company cash flow statement, fiscal years
Line item
Jun 27, 2026 · FY
Jun 28, 2025 · FY
Jul 1, 2023 · FY
Jul 2, 2022 · FY
Net income
$359.3M
$340.2M
$397.2M
$112.5M
Depreciation
$541.9M
$455.3M
$315.7M
$279.7M
Amortization of intangible assets
$272.0M
$262.6M
$181.0M
$183.1M
Amortization of deferred financing costs
$12.5M
$12.6M
$10.3M
$9.7M
Provision for losses on accounts receivables
$22.2M
$22.7M
$6.0M
$9.0M
Change in LIFO reserve
$101.1M
$88.1M
$39.2M
$122.9M
Stock-based compensation expense
$51.5M
$47.8M
$43.4M
$44.0M
Deferred income tax expense (benefit)
$92.0M
($200.0K)
$20.0M
$4.8M
Loss on extinguishment of debt
$2.1M
$0
$0
$3.2M
Change in fair value of derivative assets and liabilities
($3.7M)
($800.0K)
$19.0M
—
Other non-cash activities
$4.6M
$2.5M
$9.0M
($4.7M)
Accounts receivable
($199.3M)
($151.9M)
($95.6M)
($195.1M)
Inventories
($483.4M)
($337.9M)
$56.9M
($582.4M)
Income taxes receivable
$26.7M
($17.5M)
($11.0M)
$46.7M
Prepaid expenses and other assets
($19.9M)
$56.6M
($3.2M)
($400.0K)
Trade accounts payable and outstanding checks in excess of deposits
$500.3M
$372.7M
($164.6M)
$182.5M
Accrued expenses and other liabilities
$133.8M
$57.3M
$8.8M
$60.6M
Net cash provided by operating activities
$1.4B
$1.2B
$832.1M
$276.5M
Purchases of property, plant and equipment
($384.1M)
($506.0M)
($269.7M)
($215.5M)
Purchase of intangible assets
($9.6M)
—
—
—
Net cash paid for acquisitions
($383.4M)
($2.6B)
($63.8M)
($1.7B)
Proceeds from sale of property, plant and equipment and other
$4.6M
$13.4M
$38.9M
$4.5M
Net cash used in investing activities
($772.5M)
($3.1B)
($294.6M)
($1.9B)
Net (payments) borrowings under ABL Facility
($384.0M)
$1.2B
($454.4M)
$1.0B
Repayment of Notes
($1.1B)
$0
$0
($350.0M)
Borrowing of Notes due
$1.1B
$1.0B
$0
$1.0B
Cash paid for debt issuance, extinguishment, and creditor fees for debt modification
($5.7M)
—
—
—
Payments under finance lease obligations
($241.6M)
($188.0M)
($88.5M)
($72.1M)
Net cash paid for acquisitions
($10.1M)
($1.5M)
$0
($6.9M)
Proceeds from employee stock purchase plan
$36.9M
$32.7M
$27.7M
$24.6M
Proceeds from exercise of stock options
$6.4M
$11.1M
$3.1M
$2.7M
Cash paid for shares withheld to cover taxes
-25.2M
-18.8M
-12.6M
-11.4M
Repurchases of common stock
($1.5M)
($57.6M)
($11.2M)
$0
Other financing activities
$0
$0
($300.0K)
—
Net cash (used in) provided by financing activities
($624.8M)
$1.9B
($536.2M)
$1.6B
Net increase in cash and restricted cash
$16.4M
$59.0M
$1.3M
($3.5M)
Cash and restricted cash, beginning of period
$86.7M
$27.7M
$18.7M
$22.2M
Cash and restricted cash, end of period
$103.1M
$86.7M
$20.0M
$18.7M
Interest (net of amounts capitalized)
$399.0M
$344.4M
$218.5M
$152.4M
Income taxes (net of refunds received)
$8.5M
$129.7M
$134.1M
$8.7M
Performance Food Group Company cash flow statement, quarters
Line item
Mar 28, 2026 · YTD
Dec 27, 2025 · YTD
Sep 27, 2025 · Q1
Mar 29, 2025 · YTD
Net income
$197.0M
$155.3M
$93.6M
$208.7M
Depreciation
$398.7M
$261.7M
$128.7M
$329.1M
Amortization of intangible assets
$201.6M
$133.6M
$66.7M
$193.2M
Amortization of deferred financing costs
$9.8M
$6.7M
$3.4M
$9.3M
Provision for losses on accounts receivables
$17.9M
$13.3M
$4.4M
$18.6M
Change in LIFO reserve
$71.0M
$52.6M
$24.5M
$38.9M
Stock-based compensation expense
$38.5M
$25.6M
$13.0M
$35.6M
Deferred income tax expense (benefit)
$43.0M
$20.6M
$20.4M
($1.8M)
Loss on extinguishment of debt
$2.1M
—
—
—
Change in fair value of derivative assets and liabilities
($9.3M)
$0
($300.0K)
($500.0K)
Other non-cash activities
$7.3M
$1.8M
$900.0K
$700.0K
Accounts receivable
($16.8M)
$96.3M
($2.4M)
($13.1M)
Inventories
($190.2M)
($408.9M)
($551.8M)
($122.7M)
Income taxes receivable
$21.4M
$31.2M
$2.3M
($49.7M)
Prepaid expenses and other assets
($46.9M)
($39.0M)
$8.2M
$64.7M
Trade accounts payable and outstanding checks in excess of deposits
$374.7M
$150.8M
$201.3M
$263.1M
Accrued expenses and other liabilities
($47.9M)
($45.6M)
($158.1M)
($147.0M)
Net cash provided by operating activities
$1.1B
$456.0M
($145.2M)
$827.1M
Purchases of property, plant and equipment
($265.9M)
($192.3M)
($78.9M)
($332.7M)
Purchase of intangible assets
($9.6M)
—
—
—
Net cash paid for acquisitions
($384.2M)
($61.0M)
$0
($2.6B)
Proceeds from sale of property, plant and equipment and other
$2.8M
$1.7M
$900.0K
$10.5M
Net cash used in investing activities
($656.9M)
($251.6M)
($78.0M)
($2.9B)
Net (payments) borrowings under ABL Facility
($271.5M)
($118.0M)
$246.3M
$1.2B
Borrowing of Notes due
$1.1B
$0
$0
$1.0B
Repayment of Notes due 2027
($1.1B)
—
—
—
Cash paid for debt issuance, extinguishment, and creditor fees for debt modification
($5.7M)
—
—
—
Payments under finance lease obligations
($176.2M)
($114.1M)
($57.5M)
($135.4M)
Net cash paid for acquisitions
($6.5M)
($5.0M)
($1.5M)
—
Proceeds from employee stock purchase plan
$36.9M
$17.1M
$17.1M
$32.7M
Proceeds from exercise of stock options
$3.4M
$3.3M
$3.3M
$8.1M
Cash paid for shares withheld to cover taxes
-25.1M
-24.9M
-24.8M
-18.7M
Repurchases of common stock
($900.0K)
$0
$0
($43.6M)
Net cash provided by (used in) financing activities