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How Yum Brands (YUM) makes money
Yum Brands (YUM) made $2.1B of revenue in the third quarter 2026 (Q3 2026), +4% from a year earlier. KFC Global Division brought in $948M (46%); Taco Bell Global Division brought in $770M (37%); Pizza Hut Global Division brought in $202M (10%). Of every dollar of revenue, 113¢ was left as operating profit, 79¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| KFC Global Division | $948M | 46.2% | +3% | +8% |
| Taco Bell Global Division | $770M | 37.5% | -10% | +5% |
| Pizza Hut Global Division | $202M | 9.8% | -20% | -16% |
| The Habit Burger Grill Global Division | $134M | 6.5% | -4% | 0% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $2.1B | 100.0% |
| Operating profit | $2.3B | 112.8% |
| Income tax | $572M | 27.8% |
| Net earnings | $1.6B | 79.0% |
| Operating cash flow | $475M | 23.1% |
| Free cash flow | $388M | 18.9% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $2.1B | +4% |
| Q2 2026 | $2.2B | +12% |
| Q1 2026 | $2.1B | +15% |
| Q4 2025 | $2.5B | +6% |
| Q3 2025 | $2.0B | +8% |
| Q2 2025 | $1.9B | +10% |
| Q1 2025 | $1.8B | +12% |
From Yum Brands' 10-Q filed Nov 6, 2026 (on EDGAR).
Questions
How does Yum Brands make money?
Yum Brands (YUM) made $2.1B of revenue in the third quarter 2026 (Q3 2026), +4% from a year earlier. KFC Global Division brought in $948M (46%); Taco Bell Global Division brought in $770M (37%); Pizza Hut Global Division brought in $202M (10%). Of every dollar of revenue, 113¢ was left as operating profit, 79¢ was left as net earnings.
What is Yum Brands' biggest business?
KFC Global Division: $948M in the third quarter 2026, 46% of revenue, +8% from a year earlier.
What is Yum Brands' profit margin?
Net earnings were $1.6B, 79.0% of revenue, in the third quarter 2026; the operating margin was 112.8%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.