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Yum Brands (YUM) earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Nov 6, 2026 · Yum Brands (YUM) Q3 2026 earnings results →

Q3 2026 Revenue up 4% year over year to $2.1B · 79¢ of every $1 of revenue kept as net profit · operating margin 112.8%

Yum Brands made $2.1B in Q3 2026 (+4% Y/Y): KFC Global Division $948M, Taco Bell Global Division $770M, Pizza Hut Global Division $202M. Operating margin 112.8%, net earnings $1.6B. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 6, 2026.

Revenue$2.1B
Year over year+4%
Operating margin112.8%
Net earnings$1.6B
Operating cash flow$475M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

Yum Brands Q3 2026 revenue breakdown: Sankey diagram of revenue (KFC Global Division, Taco Bell Global Division, Pizza Hut Global Division, The Habit Burger Grill Global Division), costs, profit and cash flow
Yum Brands Q3 2026 revenue breakdown — free to use with credit and a link (terms). Share on X
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What changed this quarter

Revenue was $2.1B in Q3 2026, up 4% year over year and down 5% from the previous quarter. KFC Global Division was the largest line at 46% of revenue. KFC Global Division added $0.07B year over year (up 8%), 92% of the total change. Pizza Hut Global Division declined 16%.

Operating profit was $2.3B, a 112.8% margin (up 79.2 points year over year). Of the extra revenue versus Q3 2025, 2201% reached operating profit, above the 34% margin then. Net earnings were $1.6B, up 309% year over year. The effective tax rate was 26.1%.

Operating cash flow was $0.47B (down 13% year over year), 29% of net earnings. Non-cash charges added back $0.06B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $1.2B. Capital expenditures of $0.09B left free cash flow of $0.39B.

Quarterly history

Yum Brands revenue by quarterYum Brands revenue by quarter$1.8BQ1 2025$1.9BQ2 2025$2.0BQ3 2025$2.5BQ4 2025$2.1BQ1 2026$2.2BQ2 2026$2.1BQ3 2026
Yum Brands net earnings by quarterYum Brands net earnings by quarter$253MQ1 2025$374MQ2 2025$397MQ3 2025$535MQ4 2025$432MQ1 2026$853MQ2 2026$1.6BQ3 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 202610-QNov 6, 2026$2.1B+4%112.8%$1.6B$475M
Q2 202610-QAug 5, 2026$2.2B+12%30.2%$853M$507M
Q1 202610-QMay 6, 2026$2.1B+15%31.3%$432M$416M
Q4 202510-KFeb 20, 2026$2.5B+6%29.3%$535M$617M
Q3 202510-QNov 7, 2025$2.0B+8%33.7%$397M$543M
Q2 202510-QAug 7, 2025$1.9B+10%32.2%$374M$446M
Q1 202510-QMay 7, 2025$1.8B+12%30.7%$253M$404M

Charts

Yum Brands: revenue growth, year over year and quarter over quarterYum Brands: revenue growth, year over year and quarter over quarterY/YQ/Q+12%Q1 2025+10%+8%Q2 2025+8%+2%Q3 2025+6%+27%Q4 2025+15%-18%Q1 2026+12%+5%Q2 2026+4%-5%Q3 2026
Latest (Q3 2026): Y/Y +4%, Q/Q -5%.
Yum Brands: where the cash came from (+) and went (−), TTM to Q3 2026Yum Brands: where the cash came from (+) and went (−), TTM to Q3 2026Asset & business sales$2.5BOperating cash flow$2.0BBuybacks−$1.4BCash drawn (+) / kept (−)−$1.1BDividends−$813MOther investing−$701MCapital spending−$397MOther financing−$53.0MNet borrowing (+) / repaid (−)−$36.0MExchange rates$6.0M
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Yum Brands: profit against cash, quarter by quarterYum Brands: profit against cash, quarter by quarterNet incomeOperating cash flow$423M$513MQ4 2024$253M$404MQ1 2025$374M$446MQ2 2025$397M$543MQ3 2025$535M$617MQ4 2025$432M$416MQ1 2026$853M$507MQ2 2026$1.6B$475MQ3 2026
Latest (Q3 2026): Net income $1.6B, Operating cash flow $475M.
Yum Brands: diluted shares by fiscal yearYum Brands: diluted shares by fiscal year307MFY2020302MFY2021290MFY2022285MFY2023285MFY2024281MFY2025
-8.5% since FY2020: buybacks shrank the count.
Yum Brands: long-term debt falling due (FY2025)Yum Brands: long-term debt falling due (FY2025)$28.0M2026$1.7B2027$2.0B2028$1.3B2029$1.8B2030$5.0BLater
Cash $709M, short-term investments $0, long-term debt $12.0B at 2025-12-31.
Yum Brands in its industry: growth against margin (41 companies, SIC 5812)Yum Brands in its industry: growth against margin (41 companies, SIC 5812)revenue growth, year over year →↑ operating marginmedian +4%median 6%MCDARMKYUMCCMGDRIQSRQSPTXRHEATCAKEBLMNCBRLPLAYPZZABJRICAVAFWRGRRGBJACKDINJMKEPTLOWINGSTKSSGNDLSLOCOBH-AKRUSRICKBDLGENKNATHARKRGTIMLVOREBNNROMBTBDBABBYUM (+4%, 100%)
Retail-Eating Places; dot size is quarterly revenue; dashed lines are the industry's medians.

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🏭Its industry’s money flow (input-output)interactive

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Customers and suppliers named in filings

Buys from

Yum Brands against its Retail-Eating Places peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +4% against the peers' median +8%. Operating margin: 112.8% against the peers' median 13.0%.

CompanyQuarterRevenueY/YOp. margin
YUM Yum BrandsQ3 2026$2.1B+4%112.8%
MCD McDonald'sQ3 2026$7.2B+1%50.2%
ARMK AramarkQ3 FY26$5.1B+9%4.3%
YUMC Yum China HoldingsQ3 2026$3.5B+8%13.0%
CMG Chipotle Mexican GrillQ3 2026$3.3B+10%13.7%
DRI Darden RestaurantsQ1 FY27$3.2B+5%10.0%
QSR Restaurant Brands InternationalQ3 2026$2.5B+3%27.6%
TXRH Texas RoadhouseQ3 2026$1.6B+10%6.5%
EAT Brinker InternationalQ1 FY27$1.5B+9%10.2%

Source: Yum Brands 10-Q on SEC EDGAR · CIK 1041061 · Retail-Eating Places

Guidance and outlook

Yum Brands: what its forward-looking statements are about (10-Q filed 2026-11-06)Yum Brands: what its forward-looking statements are about (10-Q filed 2026-11-06)Other4Financing3Demand2Supply chain1
10 statements; tone +0.60 (−1 all cautious, +1 all confident); 1 hedged.
Yum Brands: outlook statements against the filing beforeYum Brands: outlook statements against the filing beforeConfident6

13F: who owns YUM and who is buying

Largest holders of YUM (13F)Largest holders of YUM (13F)Vanguard Group$5.3BBlackRock$4.2BVanguard Capital Management LLC$2.9BCapital International Investors$2.7BVanguard Portfolio Management LLC$2.2BState Street$2.1BT. Rowe Price Investment Manageme…$1.6BGeode Capital Management, LLC$1.3BInvesco$775MWellington Management Group LLP$740M
Funds' net buying of YUM by quarter (13F)Funds' net buying of YUM by quarter (13F)$107M2024-09−$226M2024-12−$224M2025-03$400M2025-06$127M2025-09$2.0B2025-12−$1.5B2026-03$508M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on YUM

History

Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results

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中文版：百胜餐饮（YUM）财报

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