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Kraft Heinz (KHC) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Kraft Heinz (KHC) reported revenue of $6.3B for the second quarter 2026 (Q2 2026), -1% from a year earlier and +4% from the quarter before. Operating margin was -102.7%, net loss $5.5B (87.2% of revenue).
Kraft Heinz, Q2 2026: revenue $6.3B (-1% year over year), operating margin -102.7%, net loss $5.5B, operating cash flow $1.1B. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.3B | +4% | -1% |
| Operating profit | −$6.4B | -662% | — |
| Net earnings | −$5.5B | -783% | — |
| Operating cash flow | $1.1B | +8% | -11% |
| Free cash flow | $893M | +17% | -13% |
What changed
Revenue was $6.3B in Q2 2026, down 1% year over year and up 4% from the previous quarter. Condiments, Sauces, and Spreads was the largest line at 46% of revenue. Meats lost $0.07B year over year (down 12%), 72% of the total change.
Gross margin was 32.4%, down 2.0 points from Q2 2025. Operating costs exceeded revenue by $6.4B, an operating margin of -102.7%. Operating expenses fell 17% while revenue fell 1%. The quarter ended with a net loss of $5.5B, after a profit of $0.80B the previous quarter.
Operating cash flow was $1.1B (down 11% year over year). Non-cash charges added back $0.26B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $6.2B. Capital expenditures of $0.19B left free cash flow of $0.89B.
Questions
What was Kraft Heinz's revenue in the second quarter 2026?
Kraft Heinz (KHC) reported revenue of $6.3B for the second quarter 2026 (Q2 2026), -1% from a year earlier and +4% from the quarter before.
Was Kraft Heinz profitable in the second quarter 2026?
Operating loss was $6.4B (-102.7% of revenue) and net loss $5.5B.
Source: Kraft Heinz 10-Q on SEC EDGAR.