Filing Flows › Kraft Heinz (KHC) › How it makes money
How Kraft Heinz (KHC) makes money
Kraft Heinz (KHC) made $6.1B of revenue in the third quarter 2026 (Q3 2026), -2% from a year earlier. Condiments, Sauces, and Spreads brought in $2.8B (45%); Ambient Meals and Sides brought in $744M (12%); Refreshment Beverages brought in $541M (9%). Of every dollar of revenue, 33¢ was left as gross profit, 14¢ was left as operating profit, 9¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Condiments, Sauces, and Spreads | $2.8B | 45.0% | -5% | +1% |
| Ambient Meals and Sides | $744M | 12.2% | +10% | -2% |
| Refreshment Beverages | $541M | 8.8% | -7% | -3% |
| Meats | $449M | 7.3% | -7% | -10% |
| Cheese | $378M | 6.2% | -5% | -2% |
| Frozen Meals and Sides | $354M | 5.8% | -2% | -7% |
| Refrigerated Snacks | $327M | 5.3% | +10% | -0.3% |
| Desserts | $287M | 4.7% | +2% | -1% |
| Coffee | $211M | 3.5% | -6% | -4% |
| Other Category | $74.0M | 1.2% | +28% | -30% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $6.1B | 100.0% |
| Cost of revenue | $4.1B | 67.5% |
| Gross profit | $2.0B | 32.5% |
| Operating expenses | $1.1B | 18.2% |
| Operating profit | $875M | 14.3% |
| Income tax | $168M | 2.7% |
| Net earnings | $544M | 8.9% |
| Operating cash flow | $872M | 14.3% |
| Free cash flow | $702M | 11.5% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $6.1B | -2% |
| Q2 2026 | $6.3B | -1% |
| Q1 2026 | $6.0B | +0.8% |
| Q4 2025 | $6.4B | -3% |
| Q3 2025 | $6.2B | -2% |
| Q2 2025 | $6.4B | -2% |
| Q1 2025 | $6.0B | -6% |
From Kraft Heinz's 10-Q filed Nov 4, 2026 (on EDGAR).
Questions
How does Kraft Heinz make money?
Kraft Heinz (KHC) made $6.1B of revenue in the third quarter 2026 (Q3 2026), -2% from a year earlier. Condiments, Sauces, and Spreads brought in $2.8B (45%); Ambient Meals and Sides brought in $744M (12%); Refreshment Beverages brought in $541M (9%). Of every dollar of revenue, 33¢ was left as gross profit, 14¢ was left as operating profit, 9¢ was left as net earnings.
What is Kraft Heinz's biggest business?
Condiments, Sauces, and Spreads: $2.8B in the third quarter 2026, 45% of revenue, +1% from a year earlier.
What is Kraft Heinz's profit margin?
Net earnings were $544M, 8.9% of revenue, in the third quarter 2026; the operating margin was 14.3%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.