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Perrigo Company PRGO Accrued customer programs

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$184.97M-9.1%

Other financials

Income statement

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Revenue$969.2M-7.2%
Gross profit$325.5M-17.0%
Operating income-$372.3M-894%
Net income-$398.6M-6,128%
EPS (diluted)-$2.87-5,640%

Balance sheet

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Cash & equivalents$357.2M-12.9%
Total debt$3.8B-0.6%
Total equity$2.5B-42.7%
Total assets$8.0B-18.2%

Cash flow

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Operating cash flow-$113.6M-76.1%
CapEx$13.8M-45.9%
Free cash flow-$127.4M-41.6%

Valuation

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Market cap$1.35B-62.9%
Enterprise value$4.82B-32.0%
P/S0.3×-0.5×

Profitability

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Gross margin34.2%-2.2pp
Operating margin-36.9%-41.8pp
Net margin-43.5%-48.6pp
FCF margin4.2%-2.0pp

Returns & leverage

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Return on equity-53%-57.7pp
Debt / equity1.5×+0.6×
Current ratio2.7×+0.4×

Where this comes from

Reported directly by Perrigo Company in its filing.

Tagged under the XBRL concept prgo:AccruedCustomerPrograms.

The official record: Perrigo Company’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Perrigo Company's accrued customer programs?
Perrigo Company (PRGO) reported accrued customer programs of $105.7M in Q1 2026.
How has Perrigo Company's accrued customer programs changed year-over-year?
Perrigo Company's accrued customer programs decreased by 25.9% year-over-year, from $142.6M to $105.7M.
What is the long-term trend for Perrigo Company's accrued customer programs?
Over 5 years (2020 to 2025), Perrigo Company's accrued customer programs has grown at a -2.8% compound annual growth rate (CAGR), from $128.5M to $111.4M.
What does accrued customer programs mean?
This represents short-term liabilities related to rebates, discounts, and promotional incentives owed to customers or distributors. It reflects the company's obligation to settle marketing and sales support programs that have been earned but not yet paid. High or increasing balances may indicate aggressive sales strategies or a shift in the timing of trade spend settlements.