Filing Flows › Yum Brands (YUM) › Q4 2025
Yum Brands (YUM) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 20, 2026
Yum Brands (YUM) reported revenue of $2.5B for the fourth quarter 2025 (Q4 2025), +6% from a year earlier and +27% from the quarter before. Operating margin was 29.3%, net earnings $535M (21.3% of revenue).
Yum Brands, Q4 2025: revenue $2.5B (+6% year over year), operating margin 29.3%, net earnings $535M, operating cash flow $617M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.5B | +27% | +6% |
| Operating profit | $738M | +11% | +12% |
| Net earnings | $535M | +35% | +26% |
| Operating cash flow | $617M | +14% | +20% |
| Free cash flow | $482M | +7% | +18% |
What changed
Revenue was $2.5B in Q4 2025, up 6% year over year and up 27% from the previous quarter. KFC Global Division was the largest line at 41% of revenue.
Operating profit was $0.74B, a 29.3% margin (up 1.5 points year over year). Of the extra revenue versus a year earlier, 53% reached operating profit, above the 28% margin then. Total costs grew 4% against revenue growth of 6%. The fastest-growing cost line was Cost of revenue (+12%). Net earnings were $0.54B, up 26% year over year. The effective tax rate was 11.9%.
Operating cash flow was $0.62B (up 20% year over year), 115% of net earnings. Non-cash charges added back $0.07B of depreciation and amortization and $0.02B of share-based compensation. Capital expenditures of $0.14B left free cash flow of $0.48B.
Questions
What was Yum Brands' revenue in the fourth quarter 2025?
Yum Brands (YUM) reported revenue of $2.5B for the fourth quarter 2025 (Q4 2025), +6% from a year earlier and +27% from the quarter before.
Was Yum Brands profitable in the fourth quarter 2025?
Operating profit was $738M (29.3% of revenue) and net earnings $535M.
Source: Yum Brands 10-K on SEC EDGAR.