Filing Flows › Kraft Heinz (KHC) › Q4 2025
Kraft Heinz (KHC) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 12, 2026
Kraft Heinz (KHC) reported revenue of $6.4B for the fourth quarter 2025 (Q4 2025), -3% from a year earlier and +2% from the quarter before. Operating margin was 17.1%, net earnings $648M (10.2% of revenue).
Kraft Heinz, Q4 2025: revenue $6.4B (-3% year over year), operating margin 17.1%, net earnings $648M, operating cash flow $1.4B. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.4B | +2% | -3% |
| Gross profit | $2.1B | +4% | -8% |
| Operating profit | $1.1B | +6% | — |
| Net earnings | $648M | +6% | -70% |
| Operating cash flow | $1.4B | +19% | -0.9% |
| Free cash flow | $1.2B | +19% | +3% |
What changed
Revenue was $6.4B in Q4 2025, down 3% year over year and up 2% from the previous quarter.
Gross margin was 32.6%, down 1.5 points from a year earlier. Operating profit was $1.1B, a 17.1% margin (up 17.7 points year over year). Operating expenses fell 57% while revenue fell 3%. Net earnings were $0.65B, down 69% year over year. The effective tax rate was 27.8%.
Operating cash flow was $1.4B (down 1% year over year), 212% of net earnings. Non-cash charges added back $0.25B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $0.45B. Capital expenditures of $0.20B left free cash flow of $1.2B.
Questions
What was Kraft Heinz's revenue in the fourth quarter 2025?
Kraft Heinz (KHC) reported revenue of $6.4B for the fourth quarter 2025 (Q4 2025), -3% from a year earlier and +2% from the quarter before.
Was Kraft Heinz profitable in the fourth quarter 2025?
Operating profit was $1.1B (17.1% of revenue) and net earnings $648M.
Source: Kraft Heinz 10-K on SEC EDGAR.