Brazil’s JBS, the world’s largest meat processor and owner of Moy Park, has reported record net revenue of more than US$21.6 billion for quarter one 2026.
The global meat producer, which began life as small butcher shop in the countryside of Brazil, reported sales growth across all business units – a result which it said “reflects the strength of the company’s multi-geography and multi-protein platform”.
JBS operates in more than 20 countries, with 250 facilities that sell products in 180 countries.
The Brazilian company highlighted that in terms of profitability it faced challenges in two key divisions during quarter one 2026.
Its beef north America division was “pressured by the challenge of the cattle cycle” and Pilgrim’s Pride was “affected by weather-related challenges and temporary plant stoppages for operational adjustment”.
It highlighted in investor briefings, following the release of its first quarter 2026 results, how its key divisions are performing on a global scale.
JBS also outlined that the company delivered sales growth across all its key divisions in the first quarter while in particular JBS Brazil “reported record sales for a first quarter”.
“The revenue growth reflects mainly higher prices.
“In the export market, strong revenue growth was driven by higher prices and volumes, supported by robust global demand
and the company’s geographic diversification strategy, which boosted sales across several strategic regions.
“In the domestic market, results continue to reflect the company’s ongoing commitment to value-added products and
service offerings, as well as the deepening of partnerships with key customers,” JBS outlined.
However it highlighted that revenue and profitability in the Brazilian market was “pressured by elevated cattle costs”.
Moy Park
JBS is a majority shareholder in Pilgrims which includes Moy Park and Pilgrim’s U.K.
The division produces one-third of the UK’s fresh chicken, as well as prepared foods for wholesale and foodservice.
In its latest investor briefings JBS said it intends to earmark US$3 billion in investments “building the next phase of growth”.