Free cash flow turned positive to USD 130 million from a cash burn, driven by working-capital gains in receivables and payables.
JBS announced closures of plants in Souderton, Pennsylvania and Memphis, Tennessee, while expanding its revolving credit facility to USD 4.2 billion and lifting liquidity to USD 7.7 billion.
2Q FY26 results
JBS posted a net loss attributable to shareholders of USD 102 million in 2Q26, swinging from profit; net sales rose 14% to USD 23.9 billion.
Adjusted EBITDA under IFRS fell 18% to USD 1.43 billion, reflecting a tough year-ago comparison after record poultry results in 2Q25.
Leverage increased to 3.10x net debt/adjusted EBITDA on an LTM basis; interest coverage narrowed to 5.00x.