NYSE$USFD

US Foods Holding Corp. · Q1 2026 earnings

Q1 2026 earnings · · Before market open · Investor relations

Briefing

US Foods reported Q1 2026 net sales of $9.61B and net income of $116M, with operating income of $216M.

For the quarter ended March 28, 2026, US Foods generated net sales of $9.61 billion (+2.8% YoY) and gross profit of $1.65 billion. Operating income was $216 million versus $224 million; net income was $116 million, roughly flat versus $115 million. Adjusted EBITDA is highlighted in MD&A as the key profitability metric for the foodservice distributor.

  • Net sales $9.61B (+2.8%); gross profit $1.65B.
  • Operating income $216M; net income $116M.
  • Interest expense $75M; income tax $26M.
  • Case volume and inflation drive top-line growth.
  • Adjusted EBITDA remains primary investor metric.

Headline financials

Total Revenue

$9.61B

Previous: $9.35B+2.8%
EPS (adj)

$0.52

Previous: $0.68-23.5%
Capital Expenditures

-$98M

Previous: -$84M-16.7%
Net Income

$116M

Previous: $115M+0.9%
Operating Income

$216M

Previous: $224M-3.6%
Gross Profit

$1.65B

Previous: $1.61B+2.4%

Revenue & EPS history

US Foods · Revenue · Quarterly

$9.61B

Q1 2026+2.8%vs Q1 2025
Beat estimate in 4 of 15 quarters(27%)
ActualEstimate

Forward guidance

The 10-Q discusses case growth, independent restaurant trends, and cost inflation without reaffirming quarterly EPS targets.

Tailwinds

  • Solid top-line growth in a large-scale distribution platform.
  • Stable net income despite modest operating income dip.

Headwinds

  • Operating income down slightly on expense mix.
  • Food cost and labor inflation remain industry headwinds.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+1.6%

Avg return

Earnings day

+1.7%

Avg return

5 days after

+2.6%

Avg return

30 days after

64%

29 / 45 earnings

Positive

+15.5%

Q3 2022

Best reaction

-16.7%

Q2 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.7%-8.8%-8.1%
Q4 2025+13.4%+8.0%+5.2%
Q3 2025-3.8%-2.6%+1.5%
Q1 2025+3.8%+6.8%+12.5%
Q4 2024+1.7%+1.3%-6.3%
Q3 2024+1.7%+1.8%+9.4%
Q2 2024+1.8%+5.3%+11.8%
Q1 2024+4.6%+4.1%+2.0%
Q4 2023+5.6%+6.0%+15.0%
Q3 2023+3.5%+5.8%+8.7%
Q2 2023-2.8%-5.8%-7.9%
Q1 2023+8.2%+7.0%+10.4%
Q4 2022+7.2%+6.3%-5.1%
Q3 2022+15.5%+15.1%+17.7%
Q2 2022+3.0%+3.0%-3.0%
Q1 2022+1.6%+2.4%-13.2%
Q4 2021-2.2%-3.7%-5.2%
Q3 2021-7.5%-11.8%-11.6%
Q2 2021+1.7%+0.6%-3.3%
Q1 2021-4.2%-2.9%-3.9%
Q4 2020-4.6%-1.3%-0.1%
Q3 2020+10.2%+11.6%+55.8%
Q2 2020+9.1%+15.5%+20.8%
Q1 2020-8.3%-1.6%+5.9%
Q4 2019-0.7%-0.6%-50.8%
Q3 2019+0.8%-2.8%+0.0%
Q2 2019+10.3%+10.8%+16.0%
Q1 2019+3.6%+5.5%-2.1%
Q4 2018+0.6%+0.1%-1.8%
Q3 2018+13.4%+12.5%+15.0%
Q2 2018-16.7%-18.5%-20.9%
Q1 2018+1.6%+1.1%+10.2%
Q4 2017+9.3%+6.6%+14.3%
Q3 2017-1.1%-1.3%+13.6%
Q2 2017-5.8%-6.4%-5.3%
Q1 2017-2.4%-0.3%+3.5%
Q4 2015-0.9%-1.2%-0.3%
Q4 2014-0.9%-1.2%-0.3%
Q4 2016-0.9%+1.6%-0.9%
Q3 2016+1.1%+1.8%+6.6%
Q3 2015+1.1%+1.8%+6.6%
Q2 2015+1.4%+1.6%+1.4%
Q1 2016+1.4%+1.6%+1.4%
Q1 2015+1.4%+1.6%+1.4%
Q2 2016+1.4%+1.6%+1.4%

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