Operating Expenses

SG&A

Procter & Gamble SG&A decreased by 1.2% to $5.94B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.5%, from $5.52B to $5.94B. Over 4 years (FY 2021 to FY 2025), SG&A shows relatively stable performance with a 1.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ3 2026Apr 24, 2026

How to read this metric

A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.

Detailed definition

Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...

Peer comparison

Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.

Metric ID: selling_general_and_administrative

Historical Data

20 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$5.62B$4.95B$5.12B$5.03B$5.12B$4.83B$5.09B$5.42B$5.78B$5.60B$5.52B$5.88B$6.30B$5.52B$5.72B$5.52B$5.90B$5.64B$6.01B$5.94B
QoQ Change-11.8%+3.5%-1.8%+1.7%-5.6%+5.5%+6.4%+6.7%-3.0%-1.5%+6.5%+7.1%-12.4%+3.7%-3.5%+6.9%-4.4%+6.5%-1.2%
YoY Change-8.9%-2.5%-0.6%+7.7%+13.0%+16.1%+8.5%+8.6%+9.0%-1.5%+3.6%-6.1%-6.3%+2.2%+5.0%+7.5%
Range$4.83B$6.30B
CAGR+1.2%
Avg YoY Growth+3.5%
Median YoY Growth+4.3%

Business Segments

View all
SegmentQ3 '26
Fabric & Home Care$1.65B
Beauty$1.53B
Health Care$1.03B
Baby, Feminine & Family Care$1.02B
Grooming$533.00M
Total$5.94B

Frequently Asked Questions

What is Procter & Gamble's sg&a?
Procter & Gamble (PG) reported sg&a of $5.94B in Q1 2026.
How has Procter & Gamble's sg&a changed year-over-year?
Procter & Gamble's sg&a increased by 7.5% year-over-year, from $5.52B to $5.94B.
What is the long-term trend for Procter & Gamble's sg&a?
Over 4 years (2021 to 2025), Procter & Gamble's sg&a has grown at a 1.9% compound annual growth rate (CAGR), from $21.02B to $22.67B.
What does sg&a mean?
The overhead costs of running the business, including sales, marketing, and general corporate expenses.