# JBS Profit Falls 71.7% in Q3 2026

> JBS profit drops 71.7% to $164.4 million in Q3 2026 amid rising costs and export pressures.
- Title: JBS Profit Falls 71.7% in Q3 2026 · Poder360 | Shortify
- Summary: JBS profit drops 71.7% to $164.4 million in Q3 2026 amid rising costs and export pressures.
- Keywords: jbs, profit, q3 2026, beef, china, export, costs, brazil, Poder360
- Source: Poder360 — https://poder360.com.br/poder-economia/lucro-da-jbs-cai-717-no-3o-trimestre-e-vai-a-us-1644-milhoes
- Author: Gabriel Lopes
- Published: 2026-11-09T23:11:46+00:00
- Read time: 1 min
- Topics: jbs, profit, q3 2026, beef, china, export, costs, brazil, news, politics
## JBS Q3 2026 Results
JBS reported revenue of $22.7 billion in Q3 2026, a 0.6% increase from Q3 2025.
## Profit Decline
Net profit fell 71.7% to $164.4 million, down from $425 million a year ago.
## Ebitda Drop
Adjusted Ebitda dropped 35.6% to $1.18 billion, with a 5.2% margin.
## Cost Drivers
Higher beef costs in North America and Brazil impacted profits.
## Export Commitments
JBS fulfilled 2026 export commitments to China, affecting Q3 2026 results.
## Swine Market
Global pork surplus contributed to lower profits.
## Regional Performance
JBS Brazil saw a 54% drop in adjusted Ebitda to $141.2 million.
## JBS USA Pork
JBS USA Pork reported a 83% decline in adjusted Ebitda to $37 million.
## Seara Performance
Seara had a 2.5% increase in adjusted Ebitda to $330.6 million with a 13.2% margin.
## North America Performance
JBS North America reported positive adjusted Ebitda of $21.4 million.
## Cash Flow
Free cash flow was negative $167.4 million, down from positive $383.5 million a year ago.
## Leverage Increase
Leverage rose to 3.54x, up from 2.39x in Q3 2025 and 3.10x in Q2 2026.
## Debt Details
Debt was $19.3 billion with a 14.4-year average maturity and $8.2 billion liquidity.
## Management Statement
Tomazoni noted constructive market dynamics for Q4 2026 with stronger Chinese demand.
## Key takeaway

JBS reported a 71.7% drop in Q3 2026 profit to $164.4 million due to higher beef costs and export commitments to China.