Filing Flows › Yum Brands (YUM) › Q3 2026 › vs Q3 2025
Yum Brands (YUM) Q3 2026 vs Q3 2025 (year over year)
Yum Brands's revenue rose $75.0M (+4%) from $2.0B in Q3 2025 to $2.1B in Q3 2026. The biggest changes: KFC Global Division +$69.0M (+8%); Taco Bell Global Division +$40.0M (+5%); Pizza Hut Global Division −$38.0M (-16%). Operating margin 112.8% against 33.7% (+79.2 pts).
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 draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 112.8% | 33.7% | +79.2 pts |
| Net margin | 79.0% | 20.1% | +59.0 pts |
| Free cash flow margin | 18.9% | 22.7% | -3.8 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| KFC Global Division | $948M | $879M | $69.0M | +8% |
| Taco Bell Global Division | $770M | $730M | $40.0M | +5% |
| Pizza Hut Global Division | $202M | $240M | −$38.0M | -16% |
| The Habit Burger Grill Global Division | $134M | $134M | $0 | 0% |
| Revenue | $2.1B | $2.0B | $75.0M | +4% |
| Operating profit | $2.3B | $666M | $1.7B | +248% |
| Pre-tax earnings | $2.2B | $541M | $1.7B | +306% |
| Other expense, net | $122M | $125M | −$3.0M | -2% |
| Net earnings | $1.6B | $397M | $1.2B | +309% |
| Income tax | $572M | $144M | $428M | +297% |
| Depreciation & amortization | $57.0M | $50.0M | $7.0M | +14% |
| Share-based compensation | $16.0M | $17.0M | −$1.0M | -6% |
| Working capital & other | $1.2B | −$79.0M | $1.3B | — |
| Operating cash flow | $475M | $543M | −$68.0M | -13% |
| Free cash flow (OCF − capex) | $388M | $449M | −$61.0M | -14% |
| Capital expenditures | $87.0M | $94.0M | −$7.0M | -7% |
Questions
How much did Yum Brands's revenue grow year over year in Q3 2026?
Yum Brands's revenue rose $75.0M (+4%) from $2.0B in Q3 2025 to $2.1B in Q3 2026.
What drove Yum Brands's revenue change in Q3 2026?
KFC Global Division +$69.0M (+8%); Taco Bell Global Division +$40.0M (+5%); Pizza Hut Global Division −$38.0M (-16%).