v3.26.1
Business Segments (Tables)
12 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of information regarding reportable segments

For the Year Ended June 30

2026

2025

2024

Net sales

 

  ​

 

  ​

 

  ​

Animal Health

$

1,162,219

$

962,796

$

706,482

Mineral Nutrition

 

282,341

 

253,240

 

243,663

Performance Products

 

73,533

 

80,179

 

67,534

Total segments

$

1,518,093

$

1,296,215

$

1,017,679

For the Year Ended June 30

  ​ ​ ​

2026

2025

2024

Animal Health

Net sales

 

 

$

1,162,219

$

962,796

$

706,482

Cost of goods sold

692,528

607,069

428,683

Selling, general and administrative expenses (1)

213,383

182,310

162,009

Add: Depreciation and amortization

46,268

40,475

30,194

Add: Acquisition-related cost of goods sold (2)

1,956

5,679

521

Add: Phibro Forward income growth initiatives implementation costs - cost of goods sold (3)

3,798

Add: Phibro Forward income growth initiatives implementation costs - SG&A (3)

1,771

Subtract: Insurance proceeds (4)

(954)

(2,880)

(899)

Adjusted EBITDA

303,578

222,260

145,606

Mineral Nutrition

Net sales

 

 

282,341

253,240

243,663

Cost of goods sold

255,664

226,864

222,363

Selling, general and administrative expenses (1)

7,221

7,642

7,278

Add: Depreciation and amortization

2,214

2,102

2,427

Adjusted EBITDA

21,670

20,836

16,449

Performance Products

Net sales

 

 

73,533

80,179

67,534

Cost of goods sold

57,382

62,364

53,519

Selling, general and administrative expenses (1)

9,056

8,405

8,041

Add: Depreciation and amortization

966

1,137

1,688

Adjusted EBITDA

8,061

10,547

7,662

Adjusted EBITDA – Total segments

$

333,309

$

253,643

$

169,717

Reconciliation of Adjusted EBITDA to income before income taxes:

Less:

Interest expense, net

 

44,429

 

34,602

 

18,536

Depreciation and amortization – Total segments

 

49,448

 

43,714

 

34,309

Depreciation and amortization – Corporate

 

2,066

 

1,891

 

1,869

Corporate costs

78,338

69,959

58,480

Acquisition-related cost of goods sold

 

1,956

 

5,679

 

521

Acquisition-related transaction costs

 

1,305

 

13,322

 

6,405

Pension settlement cost

10,674

Brazil employment taxes

4,202

Stock-based compensation - named executive officer awards granted in fiscal year 2024

 

717

 

717

 

475

Phibro Forward income growth initiatives implementation costs - cost of goods sold (3)

3,798

Phibro Forward income growth initiatives implementation costs - SG&A (3)

8,646

6,978

366

Insurance proceeds (4)

(3,563)

(2,880)

(899)

Foreign currency losses, net

 

12,621

 

7,870

 

23,863

Income before income taxes

$

137,346

$

67,993

$

10,916

 

(1)Selling, general, and administrative expenses primarily include compensation-related expenses for employees not directly involved in the production and sale of inventory, rent expense, research and development costs, marketing expenses, and other general and administrative expenses.
(2)Represents cost of goods sold related to the stepped up value of inventory obtained in acquisitions.
(3)Phibro Forward is a company-wide initiative focused on unlocking additional areas of revenue growth and cost savings. For the year ended June 30, 2026, this includes $8.6 million recorded within selling, general and administrative expenses primarily for consultancy costs related to the initiative. For the year ended June 30, 2025, this included charges of $5.6 million related to the closure of an immaterial business within the Animal Health segment, of which $5.3 million was related to non-cash asset write-offs. $3.8 million of the non-cash asset write-offs was recorded within cost of goods sold and $1.5 million was recorded within selling, general, and administrative expenses. For the year ended June 30, 2025, charges related to Phibro Forward also include $5.2 million for consulting and other costs recorded within selling, general, and administrative expenses. For the year ended June 30, 2024, this included $0.4 million for Corporate consulting costs recorded within selling, general, and administrative expenses.
(4)Represents insurance settlement gains.

 

Schedule of geographic location of property, plant and equipment, net and operating lease ROU assets

As of June 30

  ​ ​ ​

2026

  ​ ​ ​

2025

Property, plant and equipment, net and operating lease ROU assets

 

  ​

 

  ​

United States

$

234,523

$

239,874

Israel

 

88,871

 

74,403

Brazil

 

44,051

 

34,504

Ireland

30,825

25,141

Other

 

22,478

 

22,107

$

420,748

$

396,029