v3.26.1
Expenses by Nature (Tables)
 12 Months Ended
Dec. 31, 2025
Expenses by Nature [Abstract]  
Schedule of Expenses by Nature Expenses by nature are disclosed below:
   2025   2024   2023 
Cost of sales            
Cost of inventories, raw materials and production inputs   (64,064,509)   (55,402,817)   (55,435,841)
Salaries and benefits   (8,785,199)   (8,260,103)   (7,641,355)
Depreciation and amortization   (2,035,194)   (1,931,401)   (1,873,776)
    (74,884,902)   (65,594,321)   (64,950,972)
Selling               
Freight and selling expenses   (3,883,770)   (3,637,983)   (3,848,089)
Salaries and benefits   (583,573)   (715,562)   (302,395)
Depreciation and amortization   (85,802)   (71,114)   (63,990)
Advertising and marketing   (365,470)   (319,018)   (313,736)
Net impairment recovery (losses)   20,603    (10,588)   (7,748)
Commissions   (90,715)   (73,019)   (58,376)
    (4,988,727)   (4,827,284)   (4,594,334)
General and administrative               
Salaries and benefits   (1,117,581)   (903,731)   (1,247,927)
Fees, services purchased and general expenses (1)   (684,091)   (911,428)   (735,386)
Depreciation and amortization   (187,524)   (187,035)   (211,095)
DOJ - department of justice and Antitrust agreements   (182,275)   (253,731)   (102,500)
Donations and social programs (2)   (15,805)   (22,467)   (18,166)
    (2,187,276)   (2,278,392)   (2,315,074)

 

(1)Includes additions, reversals and changes in estimates of legal expenses.
(2)Refers to donations made to Instituto J&F regarding improvements on school’s building, the social program “Fazer o Bem Faz Bem” created by the Group to support actions for social transformation where the Group is present and donations to the JBS Fund For The Amazon.
Schedule of Summary of PPC’s Estimates of Timelines and Costs

The following table provides a summary of PPC’s estimates of timelines and costs associated with these restructuring initiatives by major type of cost:

 

   Pilgrim’s
Food Masters		   Pilgrim’s
Europe Central		   Total 
             
Earliest implementation date   2024    2024      
Expected predominant completion date   2025    2025      
                
Costs incurred and expected to be incurred:               
                
Employee-related costs   19,413    53,350    72,763 
Asset impairment costs   10,865    1,855    12,720 
Contract termination costs   845    1,745    2,590 
Other exit and disposal costs (1)   7,938    5,584    13,522 
Total exit and disposal costs   39,061    62,534    101,595 
                
Costs incurred since earliest implementation date:               
                
Employee-related costs   19,413    53,350    72,763 
Asset impairment costs   10,865    1,855    12,720 
Contract termination costs   845    1,745    2,590 
Other exit and disposal costs (1)   7,938    5,584    13,522 
Total exit and disposal costs   39,061    62,534    101,595 

 

(1)Comprised of other costs directly related to the restructuring initiatives, including Moy Park flock depletion, the write-off of Pilgrim’s Pride Ltd. prepaid maintenance costs and Pilgrim’s Food Masters consulting fees.
Schedule of PPC Recognized the Following Expenses and Paid the Following Cash Related to Each Restructuring Initiative

During the year ended December 31, 2025, PPC recognized the following expenses and paid the following cash related to each restructuring initiative:

 

   2025 
   Provisions   Expenses   Cash Outlays 
             
Pilgrims Europe Central   8,152    29,839    24,591 
Pilgrim’s Food Masters   727    (1,672)   4,676 
Prior programs substantially complete   
—
    3,187    2,480 
Total   8,879    31,354    31,747 

 

   2024 
   Provisions   Expenses   Cash Outlays 
             
Pilgrims Europe Central   4,204    32,692    26,490 
Pilgrim’s Food Masters   7,123    40,735    25,909 
Pilgrim’s Pride Ltd.   571    20,066    4,678 
Moy Park   1,784    (105)   869 
Total   13,682    93,388    57,946 
Schedule of Net in the Consolidated Statements of Financial Position The ending reserve balance for asset impairments is reported in property, plant and equipment, net in the Consolidated Statements of financial position.
    Liability
reserve as of
December 31,
2024		     Restructuring
charges incurred		     Cash payments
and disposals		     Currency
translation		     Liability
reserve as of
December 31,
2025		  
                               
Severance     4,781       25,212       (25,355 )     952       5,590  
Contract termination     1,718       1,867       (3,587 )     219       217  
Asset impairment     91       55       (151 )     5      
—
  
Other     7,092       4,220       (8,516 )     276       3,072  
Total     13,682       31,354       (37,609 )     1,452       8,879  

 

   Liability
reserve as of
December 31,
2023		   Restructuring
charges incurred		   Cash payments
and disposals		   Currency
translation		   Liability
reserve as of
December 31,
2024		 
                     
Severance   3,651    46,474    (45,267)   (77)   4,781 
Contract termination   1,597    2,854    (2,684)   (49)   1,718 
Asset impairment   359    29,392    (29,655)   (5)   91 
Other   4,631    14,663    (12,050)   (152)   7,092 
Total   10,238    93,383    (89,656)   (283)   13,682