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Perrigo Company PRGO Infant Formula — Operating income (loss)

Other segment segments

Self Care
$78.7M
Specialty Care
$47.8M

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Other financials

Income statement

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Revenue$1.0B-3.2%
Gross profit$313.9M-13.5%
Operating income$23.5M-48.2%
Net income$74.5M+987%
EPS (diluted)$0.53+983%

Balance sheet

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Cash & equivalents$399.7M-12.0%
Total debt$3.5B-10.3%
Total equity$2.5B-43.7%
Total assets$7.6B-24.6%

Cash flow

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Operating cash flow-$113.6M-76.1%
CapEx$14.3M-25.5%
Free cash flow-$127.4M-41.6%

Valuation

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Market cap$1.74B-46.4%
Enterprise value$4.82B-27.7%
P/S0.4×-0.3×

Profitability

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Gross margin33.3%-2.5pp
Operating margin-37.7%-44.3pp
Net margin-41.9%-43.9pp
FCF margin4.2%-2.0pp

Returns & leverage

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Return on equity-49.6%-51.6pp
Debt / equity1.4×+0.5×
Current ratio2.3×0.0×

Where this comes from

Reported directly by Perrigo Company in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Perrigo Company’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 1:44 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001585364-26-000145
Line itemThree Months Ended June 28, 2025 / Self CareThree Months Ended June 28, 2025 / Specialty CareThree Months Ended June 28, 2025 / Infant FormulaReporting Segments Total
Reporting segment net sales(2)598.6$233.1$82.0$913.6
Adjusted cost of sales397.198.171.2
Adjusted other expense items(3)107.668.723.0
Segment operating income (loss)$93.9$66.3$(12.2)$148.0
Reconciliation to Income from continuing operations before income taxes:
All Other adjusted operating income25.7
Unallocated expense(38.5)
Amortization expense related primarily to acquired intangible assets(56.8)

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Perrigo Company's infant formula — operating income (loss)?
Perrigo Company (PRGO) reported infant formula — operating income (loss) of $4M in Q2 2026.
What does infant formula — operating income (loss) mean?
This represents the profit or loss generated by the infant formula segment after deducting cost of sales and operating expenses from net sales. It serves as the primary measure of the segment's core operational profitability and management effectiveness. A positive and growing operating income indicates a healthy, competitive business unit.

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