Filing Flows › Yum China Holdings (YUMC) › Q3 2026
Yum China Holdings (YUMC) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Yum China Holdings (YUMC) reported revenue of $3.5B for the third quarter 2026 (Q3 2026), +8% from a year earlier and +11% from the quarter before. Operating margin was 13.0%, net earnings $311M (8.9% of revenue).
Yum China Holdings, Q3 2026: revenue $3.5B (+8% year over year), operating margin 13.0%, net earnings $311M, operating cash flow $505M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.5B | +11% | +8% |
| Operating profit | $451M | +30% | +13% |
| Net earnings | $311M | +27% | +10% |
| Operating cash flow | $505M | +19% | +6% |
| Free cash flow | $359M | +20% | +2% |
What changed
Revenue was $3.5B in Q3 2026, up 8% year over year and up 11% from the previous quarter. Food and Non Food Revenues From Sales was the largest line at 92% of revenue. Food and Non Food Revenues From Sales added $0.22B year over year (up 7%), 80% of the total change.
Operating profit was $0.45B, a 13.0% margin (up 0.5 points year over year). Of the extra revenue versus Q3 2025, 19% reached operating profit, above the 12% margin then. Total costs grew 8% against revenue growth of 8%. Net earnings were $0.31B, up 10% year over year. The effective tax rate was 28.0%.
Operating cash flow was $0.51B (up 6% year over year), 151% 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 $0.04B. Capital expenditures of $0.15B left free cash flow of $0.36B.
Questions
What was Yum China Holdings' revenue in the third quarter 2026?
Yum China Holdings (YUMC) reported revenue of $3.5B for the third quarter 2026 (Q3 2026), +8% from a year earlier and +11% from the quarter before.
Was Yum China Holdings profitable in the third quarter 2026?
Operating profit was $451M (13.0% of revenue) and net earnings $311M.
Source: Yum China Holdings 10-Q on SEC EDGAR.