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Yum Brands (YUM) operating margin by quarter

Yum Brands' operating margin was 112.8% in Q3 2026 (third quarter 2026), +82.6 pts from Q2 2026. Over the last 7 quarters it ranged from 29.3% (Q4 2025) to 112.8% (Q3 2026).

Yum Brands operating margin by quarterYum Brands operating margin by quarter30.7%Q1 202532.2%Q2 202533.7%Q3 202529.3%Q4 202531.3%Q1 202630.2%Q2 2026112.8%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 2026112.8%+82.6 pts+79.2 pts
Q2 202630.2%-1.1 pts-2.0 pts
Q1 202631.3%+1.9 pts+0.6 pts
Q4 202529.3%-4.3 pts—
Q3 202533.7%+1.5 pts—
Q2 202532.2%+1.5 pts—
Q1 202530.7%——

Q3 2026 at a glance

Yum Brands, Q3 2026: revenue $2.1B (+4% year over year), operating margin 112.8%, net earnings $1.6B, operating cash flow $475M. The chart follows the revenue to costs, profit and cash.

Questions

What is Yum Brands' operating margin?

Yum Brands' operating margin was 112.8% in Q3 2026 (third quarter 2026), +82.6 pts from Q2 2026.

How has Yum Brands' operating margin changed?

Over the last 7 quarters it ranged from 29.3% (Q4 2025) to 112.8% (Q3 2026).

Q3 2026 results → · How Yum Brands makes money →