Q3 25 EPS
$1.54
BEAT +0.93%
Est. $1.53
Q3 25 Revenue
$19.78B
MISS 1.87%
Est. $20.15B
vs S&P Since Q3 25
-36.5%
TRAILING MARKET
PG -4.7% vs S&P +31.8%
Market Reaction
Did PG Beat Earnings? Q3 2025 Results
Procter & Gamble delivered a mixed fiscal third quarter, posting earnings that edged past Wall Street expectations even as revenue fell short of estimates. The consumer goods giant earned $1.54 per share, topping the $1.53 consensus by 0.93%, but net… Read more Procter & Gamble delivered a mixed fiscal third quarter, posting earnings that edged past Wall Street expectations even as revenue fell short of estimates. The consumer goods giant earned $1.54 per share, topping the $1.53 consensus by 0.93%, but net sales slid 2.1% year-over-year to $19.78 billion, roughly $370 million below the $20.15 billion analysts had forecast. A 2% foreign exchange headwind was the primary culprit behind the revenue shortfall, though underlying organic sales grew 1% on the strength of pricing gains. Operating margin expanded 90 basis points to 23.0%, driven by 280 basis points of gross productivity savings, helping offset commodity cost pressures and unfavorable mix. Looking ahead, P&G narrowed its core EPS guidance to $6.72–$6.82 for fiscal 2025 while lowering its all-in sales outlook to approximately flat versus the prior year, a revision CEO Jon Moeller attributed to volatile market conditions, including mounting tariff headwinds that have complicated supply chain planning across the consumer staples sector.
Key Takeaways
- • Organic sales growth of 1% driven by higher pricing with neutral volume and mix
- • Health Care organic sales led segments with 4% growth
- • Grooming organic sales increased 3% behind volume growth and higher pricing
- • Personal Care organic sales increased high single digits on innovation-driven volume
- • 280 basis points of gross productivity savings drove operating margin expansion of 90 basis points
- • SG&A declined 120 basis points as percentage of sales driven by productivity savings and variable compensation adjustments
- • Foreign exchange was a 2% headwind to net sales
- • Currency-neutral core EPS grew 3%
PG YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
PG Revenue by Segment
With YoY comparisons, source: SEC Filings
“We delivered modest organic sales and EPS growth this quarter in a challenging and volatile consumer and geopolitical environment. We're making appropriate adjustments to our near-term outlook to reflect underlying market conditions while remaining confident in the longer-term growth prospects for our brands and the markets where we compete. We remain committed to our integrated growth strategy of a focused product portfolio of daily use categories where performance drives brand choice, superiority — across product performance, packaging, brand communication, retail execution and consumer and customer value — productivity, constructive disruption and an agile and accountable organization. We're maintaining investments in superior innovation across price tiers to improve value for consumers and drive category growth.”
— Jon Moeller, Q3 2025 Earnings Press Release
PG Earnings Trends
PG vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
PG EPS Trend
Earnings per share: estimate vs actual
PG Revenue Trend
Quarterly revenue: estimate vs actual
PG Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q3 26 | — | $1.59 | — | $21.24B | +3.50% |
| Q2 26 BEAT | $1.86 | $1.88 | +1.24% | $22.21B | -0.37% |
| Q1 26 BEAT | $1.90 | $1.99 | +4.91% | $22.39B | +0.98% |
| Q4 25 BEAT FY | $1.42 | $1.48 | +4.23% | $20.89B | — |
| FY Full Year | $6.78 | $6.51 | -3.95% | $84.28B | +0.09% |
| Q3 25 BEAT | $1.53 | $1.54 | +0.93% | $19.78B | -1.87% |