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Perrigo Company PRGO Infant Formula — Restructuring charges and other termination benefits

Other segment segments

Self Care
$36.6M
Specialty Care
$12.2M

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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 us-gaap:RestructuringCharges.

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 infant formula — restructuring charges and other termination benefits?
Perrigo Company (PRGO) reported infant formula — restructuring charges and other termination benefits of $7.6M in Q1 2026.
What does infant formula — restructuring charges and other termination benefits mean?
These are costs associated with reorganizing the infant formula segment's operations, including severance, facility closures, and other exit activities. These charges reflect management's efforts to streamline operations and improve long-term cost efficiency. Investors analyze these to distinguish between one-time transformation costs and ongoing operational expenses.