Company file · TSN

Tyson Foods

Beef was Tyson Foods' fastest-growing segment in FY2025, up 5.6%

Revenue rose 2.1% to $54.4B in FY2025, from $53.3B in FY2024. Net income fell 40.8% to $474M. Beef was the largest segment, at 40% of revenue.

Prepared from SEC filings · Latest annual report: 10-K for FY2025 (filed Nov 10, 2025) · Latest quarter: 10-Q for the quarter ended Jun 27, 2026 (filed Aug 3, 2026) · Data pulled Nov 11, 2026

Key facts

Tyson Foods (NYSE: TSN) closed fiscal 2025 on Sep 27, 2025 with revenue of $54.4B, up 2.1% from a year before; net income came to $474M, down 40.8%. Its newest quarterly report covers the three months to Jun 27, 2026: revenue of $13.9B, down 0.1% on the same stretch of the prior year, and net income of $182M. Broken down by segment, Beef led with 40% of fiscal 2025 revenue. Sources: 10-K for fiscal 2025 (filed Nov 10, 2025) and 10-Q for the quarter ended Jun 27, 2026 (filed Aug 3, 2026).

Revenue$54.4BFY2025 · +2.1% vs FY2024

Net income$474MFY2025 · −40.8% vs FY2024

Operating cash flow$2.2BFY2025 · −16.8% vs FY2024

Cash & equivalents$740Mat Jun 27, 2026 · −39.8% vs FY2025 end

Total debt$8.0Bat Jun 27, 2026 · −9.3% vs FY2025 end

Diluted shares357MFY2025 avg · +0.3% vs FY2024

Revenue and net income, three fiscal yearsBy fiscal year, $bn

RevenueNet income

Source: 10-K FY2025, filed Nov 10, 2025

Quarterly revenue: fiscal 2026 vs a year earlierFiscal Q1–Q3, $bn (each quarter from that quarter's 10-Q)

FY2025FY2026

Source: 10-Q filed Feb 2, 2026 · 10-Q filed May 4, 2026 · 10-Q filed Aug 3, 2026

How it makes money

By segment, FY2025

LineAmountSharevs FY2024
Beef$21.6B40%+5.6%
Chicken$16.8B31%+2.5%
Prepared Foods$9.9B18%+0.8%
Pork$5.8B11%−2.1%

Source: 10-K FY2025, XBRL breakdown

By segment in FY2025: Beef (40%), Chicken (31%), Prepared Foods (18%) and Pork (11%), as shares of total revenue. Total revenue was $54.4B.

By segment: three-year mixShare of the total each fiscal year

FY2023

37%33%19%11%

FY2024

39%31%19%11%

FY2025

40%31%18%11%

BeefChickenPrepared FoodsPork

Source: 10-K FY2025

Learn more: Revenue vs. net income · Gross, operating and net margin

What changed last quarter

How the quarter compared with a year earlier

Comparing Q3 FY2026 (Apr to Jun 2026) compared with Q3 FY2025 (Apr to Jun 2025)

Each pair of bars shows the dollar amount for both quarters. Longer bar, more money. Bars in a group share one scale.

Q3 FY2026Q3 FY2025

Company

Revenue

$13.9B Q3 FY2026

$13.9B Q3 FY2025

0.1% decrease

Net income

$182M Q3 FY2026

$61M Q3 FY2025

198.4% increase

Source: Tyson Foods 10-Q for the quarter ended Jun 27, 2026, filed Aug 3, 2026

By segment

Beef

$5.4B Q3 FY2026

$5.6B Q3 FY2025

3.8% decrease

Chicken

$4.3B Q3 FY2026

$4.2B Q3 FY2025

0.8% increase

Prepared Foods

$2.6B Q3 FY2026

$2.5B Q3 FY2025

1.7% increase

Pork

$1.6B Q3 FY2026

$1.5B Q3 FY2025

4.9% increase

Source: Tyson Foods 10-Q for the quarter ended Jun 27, 2026, filed Aug 3, 2026

Cash & equivalents $740M at Jun 27, 2026, vs $1.2B at FY2025 end.
Total debt $8.0B at Jun 27, 2026, vs $8.8B at FY2025 end.
Operating cash flow, first 9 months of fiscal 2026: $1.5B vs $1.6B a year earlier.

The bull case and the bear case

The bull case

Revenue rose 2.1% in FY2025 to $54.4B, from $53.3B a year earlier. 10-K, FY2025
Total debt fell 9.8% in FY2025 to $8.8B. 10-K, FY2025
Net income in the quarter ended Jun 27, 2026 was $182M, up 198.4% on a year earlier. 10-Q, quarter ended Jun 27, 2026
Beef revenue grew 5.6% in FY2025 to $21.6B. 10-K, FY2025

The bear case

Net income fell 40.8% in FY2025 to $474M, from $800M. 10-K, FY2025
Operating cash flow fell 16.8% in FY2025 to $2.2B. 10-K, FY2025
Revenue in the quarter ended Jun 27, 2026 was $13.9B, down 0.1% on a year earlier. 10-Q, quarter ended Jun 27, 2026
Pork revenue fell 2.1% in FY2025 to $5.8B. 10-K, FY2025

What optimists and skeptics tend to point to, each tied to a filing. Ticker Sage doesn't pick a side, and neither list is a reason to buy or sell.

What the company does

Tyson Foods is in the packaged foods & meats industry, part of the consumer staples sector. The SEC files it under Poultry Slaughtering And Processing.

Tyson Foods reports 4 segments: Beef, Chicken, Prepared Foods and Pork.

Its latest fiscal year, FY2025, ended Sep 27, 2025.

Source: 10-K, Item 1 Business

Risks common in this industry

These are general risks for companies in the packaged foods & meats industry. They are not a summary of Tyson Foods’s own risk factors; for those, read Item 1A of its latest 10-K, linked below.

CostsCommodity, packaging and freight costs can rise faster than prices.
Consumer habitsShoppers can trade down to store brands or change what they buy.
Retail customersA few large retailers account for much of its sales.
Regulation and safetyFood and product safety rules and recalls can bring cost and reputational harm.
CompetitionRivals and private-label products compete for shelf space and prices.

Source: 10-K, Item 1A Risk Factors (the company's own list, in the company's words)

Three years of key numbers

Every number links to its filing; hover for the XBRL tag. A dash means the number isn't cleanly available, and we don't estimate it.

US$	FY2023	FY2024	FY2025
Revenue	$52.9B	$53.3B	$54.4B
Net income	−$648M	$800M	$474M
Operating cash flow	$1.8B	$2.6B	$2.2B
Cash & equivalents (year end)	$573M	$1.7B	$1.2B
Total debt (year end)	$9.5B	$9.8B	$8.8B
Diluted shares	284M	356M	357M

Revenue: Total revenue for the fiscal year, as the company reports it on its income statement.
Net income: Net income attributable to the company's shareholders, after all costs, interest and taxes.
Operating cash flow: Cash the business brought in from its day-to-day operations during the year (cash flow statement).
Cash & equivalents: Cash and short-term investments that count as cash equivalents on the balance sheet. Excludes longer-dated marketable securities.
Total debt: Debt and finance lease obligations, including the part due within one year, at carrying value, as the company totals it.
Diluted shares: Weighted average shares outstanding for the year, including the effect of options and stock awards.

Learn more: How to read an income statement · Earnings per share, basic and diluted · Free cash flow · How to read a balance sheet · Growth rate calculator · P/E calculator · Market cap calculator · Free cash flow calculator · Return on equity and assets calculator

Explainers for this page

Plain-English guides to terms this file uses, with real numbers from filings.

About these numbers

Recent filings

Form	Filed	Period
10-Q	Aug 3, 2026	Jun 27, 2026
10-Q	May 4, 2026	Mar 28, 2026
10-Q	Feb 2, 2026	Dec 27, 2025
DEF 14A	Dec 17, 2025	Sep 27, 2025
10-K	Nov 10, 2025	Sep 27, 2025

Learn more: 10-K vs. 10-Q vs. 8-K · Form 4 insider filings · Fiscal years and quarters

Common questions about Tyson Foods

How does Tyson Foods make money?

Fiscal 2025 revenue: $54.4B. By segment in FY2025: Beef (40%), Chicken (31%), Prepared Foods (18%) and Pork (11%), as shares of total revenue. Total revenue was $54.4B. Source: 10-K for fiscal 2025, filed Nov 10, 2025.

What was Tyson Foods's revenue in fiscal 2025?

$54.4B, up 2.1% from fiscal 2024 ($53.3B). The year ended Sep 27, 2025; for fiscal 2023 the figure was $52.9B. Source: 10-K for fiscal 2025, filed Nov 10, 2025.

Is Tyson Foods profitable?

Net income was $474M in fiscal 2025 (down 40.8%; fiscal 2024 was $800M). That counts as a GAAP profit. The latest quarter, ended Jun 27, 2026: net income was $182M. The page's About these numbers section explains what is included. Source: 10-K for fiscal 2025, filed Nov 10, 2025.

What did Tyson Foods report in its latest quarterly filing?

For the three months to Jun 27, 2026: revenue $13.9B (down 0.1% from $13.9B) and net income $182M (up 198.4% from $61M). Source: 10-Q for the quarter ended Jun 27, 2026, filed Aug 3, 2026.

How much cash and debt does Tyson Foods have?

As of Jun 27, 2026: $740M of cash and cash equivalents, $8.0B of total debt. Total debt here is debt and finance lease obligations, including the part due within one year, at carrying value, as the company totals it. Source: 10-Q filed Aug 3, 2026.

What are the main risks Tyson Foods faces?

Tyson Foods's own risk factors are in Item 1A of its 10-K for fiscal 2025, filed Nov 10, 2025. Risks that are common among companies in the packaged foods & meats industry include Costs; consumer habits; retail customers; regulation and safety; competition. The first: Commodity, packaging and freight costs can rise faster than prices. Source: 10-K, Item 1A Risk Factors.

Where do these Tyson Foods numbers come from?

The 10-K filed Nov 10, 2025 (fiscal 2025) and the 10-Q filed Aug 3, 2026 (quarter ended Jun 27, 2026), as published in the SEC's XBRL data. Click any number to open the filing it came from. Methodology explains how fiscal years and missing numbers are handled.

Tracked funds that report owning Tyson Foods

Two Sigma Investments: 2,713,810 shares, reported value $155.4M at Jun 30, 2026 (+32.0% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.
Citadel Advisors: 2,599,577 shares, reported value $148.8M at Jun 30, 2026 (+171.6% in shares since the filing for Mar 31, 2026). Form 13F filed Sep 2, 2026.
Markel Group: 913,500 shares, reported value $46.2M at Sep 30, 2026 (same number of shares as in the filing for Jun 30, 2026). Form 13F filed Oct 30, 2026.
Point72 Asset Management: 536,638 shares, reported value $30.7M at Jun 30, 2026 (+104.5% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.
Maverick Capital: 28,280 shares, reported value $1.6M at Jun 30, 2026 (new in this filing). Form 13F filed Aug 14, 2026.
Bridgewater Associates: 26,951 shares, reported value $1.5M at Jun 30, 2026 (+71.6% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.
Millennium Management: 3,587 shares, reported value $0.2M at Jun 30, 2026 (−99.8% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.

From each fund’s latest Form 13F, which is filed up to 45 days after quarter end and lists long positions in US-listed stocks only. A listing here is a fact about a filing, not a view on the stock. What a 13F does and doesn’t show.

Disclosures

Editor holdings in TSN: The editor holds no position in Tyson Foods (TSN). As of Nov 11, 2026.
Trading rule: The editor does not buy or sell TSN from 3 days before to 3 days after this page is published or substantively updated.
Compensation: Nobody paid for this page. No affiliate links on this page.
Sources: The company's SEC filings, linked next to each number or, for charts, in the source line under them.
Last updated: Nov 10, 2026

General education, the same for every reader. Not a recommendation to buy, sell or hold TSN, and it doesn't consider your situation.

Compare with peers

Company	Fiscal year	Revenue	Revenue growth	Net income
Tyson FoodsTSN	FY2025	$54.4B	+2.1%	$474M
MondelezMDLZ	FY2025	$38.5B	+5.8%	$2.5B
HersheyHSY	FY2025	$11.7B	+4.4%	$883M
Kraft HeinzKHC	FY2025	$24.9B	−3.5%	−$5.8B
General MillsGIS	FY2026	$18.4B	−5.4%	−$88M

Each row is that company’s latest fiscal year from its own 10-K, using its own revenue and net income lines. Fiscal years end in different months, and line definitions differ (banks, insurers and oil companies count revenue differently), so this is a rough side-by-side, not a like-for-like comparison.

More company files

New to filings? Learn has plain-English explainers and Tools has calculators. Methodology & Disclosures covers where every number comes from.