Analysis of Revenues
Revenues as Reported
Procter & Gamble Co., income statement, revenues
US$ in millions
Based on: 10-K (reporting date: 2026-06-30), 10-K (reporting date: 2025-06-30), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30).
Net sales exhibit a consistent upward trajectory over the analyzed six-year period, growing from 76,118 million US dollars in 2021 to 87,032 million US dollars by 2026. This growth reflects a steady expansion of the overall revenue base, with a slight deceleration in the growth rate observed between 2024 and 2025 before recovering in the final year.
- Fabric & Home Care Performance
- This segment remains the primary contributor to total net sales, maintaining the highest absolute revenue throughout the period. Sales increased from 26,014 million US dollars in 2021 to 30,314 million US dollars in 2026, demonstrating sustained demand and significant scale.
- Health Care Growth Trends
- The Health Care segment demonstrates the most consistent year-over-year growth pattern among all business units. Revenues rose steadily from 9,956 million US dollars in 2021 to 12,456 million US dollars in 2026, indicating a strong and stable expansion in this category.
- Baby, Feminine & Family Care Stability
- While this segment grew from 18,850 million US dollars in 2021 to 20,401 million US dollars in 2026, the rate of increase slowed significantly after 2023. A period of stagnation is observed between 2024 and 2026, suggesting a reaching of market maturity or saturation within this specific portfolio.
- Beauty and Grooming Analysis
- The Beauty segment showed general growth, reaching 16,023 million US dollars in 2026 despite a minor contraction in 2025. Grooming exhibited the most conservative growth profile, increasing modestly from 6,440 million US dollars in 2021 to 6,918 million US dollars in 2026.
- Corporate Revenue Fluctuations
- Corporate item values show more volatility than the primary business segments, fluctuating between 441 million US dollars in 2021 and peaking at 920 million US dollars in 2026, representing a secondary but increasing component of the total sales figure.