P&G Q2 FY26: organic sales flat, core EPS $1.88, guidance maintained

PROCTER & GAMBLE Co

2026-Q2 EPS reported $3.73 revenue$44,594,000,000

Q2 organic sales +0% (volume -1%, pricing +1%); core EPS $1.88, in-line with prior year.
Currency-neutral core EPS fell 2%; adjusted free cash flow productivity 88%.
Beauty +4% organic sales; Baby/Fem/Family -4%; Fabric/Home Care flat.
FY 2026 guidance maintained: organic sales +0-4%, core EPS +0-4%.
Tariff headwind of ~$0.4bn after-tax; FX tailwind of ~$0.2bn after-tax.

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