Filing Flows › Yum China Holdings (YUMC) › Q2 2026
Yum China Holdings (YUMC) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 10, 2026
Yum China Holdings (YUMC) reported revenue of $3.1B for the second quarter 2026 (Q2 2026), +13% from a year earlier and -4% from the quarter before. Operating margin was 11.1%, net earnings $244M (7.8% of revenue).
Yum China Holdings, Q2 2026: revenue $3.1B (+13% year over year), operating margin 11.1%, net earnings $244M, operating cash flow $426M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.1B | -4% | +13% |
| Operating profit | $348M | -22% | +14% |
| Net earnings | $244M | -21% | +13% |
| Operating cash flow | $426M | -23% | +3% |
| Free cash flow | $299M | -26% | +3% |
What changed
Revenue was $3.1B in Q2 2026, up 13% year over year and down 4% from the previous quarter. Food and Non Food Revenues From Sales was the largest line at 93% of revenue. Food and Non Food Revenues From Sales added $0.30B year over year (up 11%), 85% of the total change.
Operating profit was $0.35B, a 11.1% margin (up 0.2 points year over year). Of the extra revenue versus Q2 2025, 13% reached operating profit, above the 11% margin then. Total costs grew 12% against revenue growth of 13%. The fastest-growing cost line was Other operating costs (+13%). Net earnings were $0.24B, up 13% year over year. The effective tax rate was 25.8%.
Operating cash flow was $0.43B (up 3% year over year), 161% of net income including minority interests. Non-cash charges added back $0.12B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.03B. Capital expenditures of $0.13B left free cash flow of $0.30B.
Questions
What was Yum China Holdings' revenue in the second quarter 2026?
Yum China Holdings (YUMC) reported revenue of $3.1B for the second quarter 2026 (Q2 2026), +13% from a year earlier and -4% from the quarter before.
Was Yum China Holdings profitable in the second quarter 2026?
Operating profit was $348M (11.1% of revenue) and net earnings $244M.
Source: Yum China Holdings 10-Q on SEC EDGAR.