Filing Flows › Yum Brands (YUM) › Q3 2026
Yum Brands (YUM) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Yum Brands (YUM) reported revenue of $2.1B for the third quarter 2026 (Q3 2026), +4% from a year earlier and -5% from the quarter before. Operating margin was 112.8%, net earnings $1.6B (79.0% of revenue).
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.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.1B | -5% | +4% |
| Operating profit | $2.3B | +254% | +248% |
| Net earnings | $1.6B | +90% | +309% |
| Operating cash flow | $475M | -6% | -13% |
| Free cash flow | $388M | -5% | -14% |
What changed
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.
Questions
What was Yum Brands' revenue in the third quarter 2026?
Yum Brands (YUM) reported revenue of $2.1B for the third quarter 2026 (Q3 2026), +4% from a year earlier and -5% from the quarter before.
Was Yum Brands profitable in the third quarter 2026?
Operating profit was $2.3B (112.8% of revenue) and net earnings $1.6B.
Source: Yum Brands 10-Q on SEC EDGAR.