---
title: "Sysco: Business Model & Revenue Engine"
description: "Sysco revenue by business segment and geography from its fiscal 2025 Form 10-K, with each part's share, growth and profitability explained."
canonical: https://www.getswoopr.com/stocks/companies/sysco/business-model/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Sysco: Business Model & Revenue Engine

## Direct Answer

Sysco reports revenue across 4 business segments in its fiscal 2025 Form 10-K. U.S.Foodservice Operations is the largest, with $57.0 billion of revenue (70% of the total), followed by International Foodservice Operations at $14.9 billion (18%). 81% of revenue came from the United States.

## How Does Sysco Make Money?

U.S.Foodservice Operations supplies 70% of revenue, so Sysco's results move mostly with that one business; the others matter more for diversification than for the headline number. Between fiscal 2024 and 2025, Sygma grew fastest (+8.3%) and All Other slowest (-7.3%), so the revenue mix tilts toward Sygma while that gap lasts.

| Segment | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
| --- | --- | --- | --- | --- |
| U.S.Foodservice Operations | $57.0 billion | $55.3 billion | 70.0% | 2.9% |
| International Foodservice Operations | $14.9 billion | $14.6 billion | 18.3% | 2.4% |
| Sygma | $8.4 billion | $7.8 billion | 10.3% | 8.3% |
| All Other | $1.1 billion | $1.2 billion | 1.3% | -7.3% |

![Bar chart of Sysco revenue by segment for fiscal 2025: U.S.Foodservice Operations 70.0%, International Foodservice Operations 18.3%, Sygma 10.3%, All Other 1.3%.](https://www.getswoopr.com/images/charts/sysco-business-model-segment-mix.webp)
*Sysco revenue by segment as a share of total revenue, from the table above. The largest is highlighted. Select the chart to open it full size.*

## Which Sysco Segments Earn the Most?

| Segment | FY2025 segment operating income | Segment margin |
| --- | --- | --- |
| U.S.Foodservice Operations | $3.5 billion | 6.2% |
| International Foodservice Operations | $437 million | 2.9% |
| Sygma | $81 million | 1.0% |
| All Other | -$73 million | -6.7% |

Segment operating income is the profit measure Sysco reports to its chief operating decision maker for each segment. It usually leaves out corporate costs that are not allocated to a segment, so the segments usually add up to more than consolidated operating income, and margins are comparable within Sysco more safely than against another company.

## Where Does Sysco's Revenue Come From?

Regions follow the definitions in the filing; most companies assign revenue by customer location.

| Region | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
| --- | --- | --- | --- | --- |
| United States | $66.1 billion | $63.9 billion | 81.2% | 3.4% |
| Canada | $6.1 billion | $6.0 billion | 7.5% | 2.0% |
| United Kingdom | $4.1 billion | $3.8 billion | 5.0% | 8.5% |
| Other Geographic Areas | $3.4 billion | $3.4 billion | 4.2% | -1.7% |
| France | $1.7 billion | $1.7 billion | 2.1% | 0.1% |

## What the Segment Figures Do Not Show

The rows above add up to 100% of Sysco's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.

## Where These Numbers Come From

Every figure on this page is a value Sysco reported in the segment note and revenue disclosures of its Form 10-K filed August 22, 2025 (accession 0000096021-25-000099), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.

Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.

## Frequently Asked Questions

### What are Sysco's business segments?

In its fiscal 2025 Form 10-K, Sysco reports revenue for U.S.Foodservice Operations, International Foodservice Operations, Sygma and All Other.

### Which part of Sysco brings in the most revenue?

U.S.Foodservice Operations, with $57.0 billion of revenue in fiscal 2025, or 70% of the total.

### How much of Sysco's revenue comes from outside the United States?

19% in fiscal 2025, by the geographic breakdown Sysco reports in its Form 10-K. Companies assign revenue to regions differently (customer location, shipping address or selling entity), so check the filing's definition before comparing companies.

## References

- [SEC EDGAR: SYSCO CORP Form 10-K filed August 21, 2026](https://www.sec.gov/Archives/edgar/data/96021/000009602126000033/syy-20260627.htm)
- [SEC EDGAR: SYSCO CORP annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=96021&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)
- [SEC: Financial Statement Data Sets](https://www.sec.gov/data-research/sec-markets-data/financial-statement-data-sets)

## Related Pages

- [Sysco company dossier](https://www.getswoopr.com/stocks/companies/sysco/)
- [Sysco financial metrics](https://www.getswoopr.com/stocks/companies/sysco/metrics/)
- [Sysco financial risk indicators](https://www.getswoopr.com/stocks/companies/sysco/risks/)
- [Sysco peer comparison](https://www.getswoopr.com/stocks/companies/sysco/competitors/)
- [Sysco business model and revenue mix](https://www.getswoopr.com/stocks/companies/sysco/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**

Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).