Yum! BrandsYUMEarnings & Financial Report
Yum! Brands, Inc. is an American multinational fast food corporation. It was formed in 1977 as a subsidiary of PepsiCo, after the company acquired KFC, Pizza Hut, and Taco Bell. PepsiCo divested the brands in 1997, and these consolidated as Yum!. The company operates KFC, Pizza Hut, Taco Bell, Habit Burger & Grill, and several technology companies.
Revenue
$1.8B
Gross Profit
$1.3B
Operating Profit
$607.0M
Net Profit
$367.0M
Gross Margin
73.3%
Operating Margin
34.4%
Net Margin
20.8%
YoY Growth
4.5%
EPS
$1.28
Yum! Brands Q2 FY2024 Financial Summary
Yum! Brands reported revenue of $1.8B (up 4.5% YoY) for Q2 FY2024, with a net profit of $367.0M (down 12.2% YoY) (20.8% margin). Cost of goods sold was $470.0M, operating expenses totaled $686.0M.
Key Financial Metrics
| Total Revenue | $1.8B |
|---|---|
| Net Profit | $367.0M |
| Gross Margin | 73.3% |
| Operating Margin | 34.4% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
Yum! Brands Q2 FY2024 revenue of $1.8B breaks down across 5 segments, led by KFC Global Division at $717.0M (40.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| KFC Global Division | $717.0M | 40.7% |
| Taco Bell Global Division | $666.0M | 37.8% |
| Pizza Hut Global Division | $239.0M | 13.6% |
| Habit Division | $141.0M | 8.0% |
| Real Estate | $3.0M | 0.2% |
Yum! Brands Revenue by Segment — Quarterly Trend
Yum! Brands revenue by segment across the last 4 reported quarters, showing how each business line (such as KFC Global Division and Taco Bell Global Division) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Taco Bell Global Division | — | $730.0M | $711.0M | — |
| Pizza Hut Global Division | $303.0M | — | $239.0M | $231.0M |
| Real Estate | $4.0M | $3.0M | $3.0M | $3.0M |
Yum! Brands Annual Revenue by Year
Yum! Brands annual revenue history includes year-by-year totals (for example, 2025 revenue was $8.2B).
| Year | Annual Revenue |
|---|---|
| 2025 | $8.2B |
| 2024 | $7.5B |
| 2023 | $7.1B |
| 2022 | $6.8B |
Yum! Brands Quarterly Revenue & Net Profit History
Yum! Brands results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $2.5B | +6.5% | $535.0M | 21.3% |
| Q3 FY2025 | $2.0B | +8.4% | $397.0M | 20.1% |
| Q2 FY2025 | $1.9B | +9.6% | $374.0M | 19.3% |
| Q1 FY2025 | $1.8B | +11.8% | $253.0M | 14.2% |
| Q4 FY2024 | $2.4B | +16.0% | $423.0M | 17.9% |
| Q3 FY2024 | $1.8B | +6.9% | $382.0M | 20.9% |
| Q2 FY2024 | $1.8B | +4.5% | $367.0M | 20.8% |
| Q1 FY2024 | $1.6B | -2.9% | $314.0M | 19.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.60B | $1.76B | $1.83B | $2.36B | $1.79B | $1.93B | $1.98B | $2.52B |
| YoY Growth | -2.9% | 4.5% | 6.9% | 16.0% | 11.8% | 9.6% | 8.4% | 6.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $6.22B | $6.39B | $6.46B | $6.73B | $6.66B | $6.92B | $7.19B | $8.20B |
| Liabilities | $13.98B | $14.03B | $14.13B | $14.38B | $14.46B | $14.60B | $14.70B | $15.52B |
| Equity | $-7.76B | $-7.63B | $-7.67B | $-7.65B | $-7.80B | $-7.68B | $-7.50B | $-7.33B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $363.0M | $342.0M | $471.0M | $513.0M | $404.0M | $446.0M | $543.0M | $617.0M |