Filing Flows › Yum Brands (YUM) › Q3 2025
Yum Brands (YUM) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
Yum Brands (YUM) reported revenue of $2.0B for the third quarter 2025 (Q3 2025), +8% from a year earlier and +2% from the quarter before. Operating margin was 33.7%, net earnings $397M (20.1% of revenue).
Yum Brands, Q3 2025: revenue $2.0B (+8% year over year), operating margin 33.7%, net earnings $397M, operating cash flow $543M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.0B | +2% | +8% |
| Operating profit | $666M | +7% | +8% |
| Net earnings | $397M | +6% | +4% |
| Operating cash flow | $543M | +22% | +15% |
| Free cash flow | $449M | +20% | +7% |
What changed
Revenue was $2.0B in Q3 2025, up 8% year over year and up 2% from the previous quarter. KFC Global Division was the largest line at 44% of revenue. KFC Global Division added $0.09B year over year (up 12%), 61% of the total change. The Habit Burger Grill Global Division declined 2%.
Operating profit was $0.67B, a 33.7% margin (down 0.2 points year over year). Of the extra revenue versus a year earlier, 31% reached operating profit, below the 34% margin then. Total costs grew 9% against revenue growth of 8%. The fastest-growing cost line was Cost of revenue (+12%). Net earnings were $0.40B, up 4% year over year. The effective tax rate was 26.6%.
Operating cash flow was $0.54B (up 15% year over year), 137% of net earnings. Non-cash charges added back $0.05B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.08B. Capital expenditures of $0.09B left free cash flow of $0.45B.
Questions
What was Yum Brands' revenue in the third quarter 2025?
Yum Brands (YUM) reported revenue of $2.0B for the third quarter 2025 (Q3 2025), +8% from a year earlier and +2% from the quarter before.
Was Yum Brands profitable in the third quarter 2025?
Operating profit was $666M (33.7% of revenue) and net earnings $397M.
Source: Yum Brands 10-Q on SEC EDGAR.