Yum China Holdings, Inc.YUMCEarnings & Financial Report
Yum China Holdings, Inc. is an American-Chinese Fortune 500 fast-food restaurant company based in Shanghai, China. With US$9.5 billion in revenue and 10,600 restaurants worldwide it is one of the largest restaurant companies. It was spun off from Yum! Brands in 2016, becoming an independent, publicly traded company on November 1, 2016. Yum China is a trademark licensee of Yum Brands, paying 3% of total systemwide sales to Yum Brands. It operates 8,484 restaurants in over 1,100 cities located ...
Revenue
$3.0B
Gross Profit
N/A
Operating Profit
$374.0M
Net Profit
$287.0M
Gross Margin
N/A
Operating Margin
12.6%
Net Margin
9.7%
YoY Growth
1.4%
EPS
$0.71
Financial Flow
Yum China Holdings, Inc. Q1 2024 Financial Summary
Yum China Holdings, Inc. reported revenue of $3.0B (up 1.4% YoY) for Q1 2024, with a net profit of $287.0M (down 0.7% YoY) (9.7% margin). Cost of goods sold was N/A.
Key Financial Metrics
| Total Revenue | $3.0B |
|---|---|
| Net Profit | $287.0M |
| Gross Margin | N/A |
| Operating Margin | 12.6% |
| Report Period | Q1 2024 |
Revenue Breakdown
Yum China Holdings, Inc. Q1 2024 revenue of $3.0B breaks down across 5 segments, led by Revenue From External Customers at $2.2B (75.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Revenue From External Customers | $2.2B | 75.4% |
| Pizza Hut | $595.0M | 20.1% |
| Corporate And Unallocated | $87.0M | 2.9% |
| Other Revenue | $32.0M | 1.1% |
| Franchise Fees And Income | $25.0M | 0.8% |
Yum China Holdings, Inc. Revenue by Segment — Quarterly Trend
Yum China Holdings, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Revenue From External Customers and Pizza Hut) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Revenue From External Customers | $2.1B | $2.4B | $2.1B | $2.2B |
| Pizza Hut | $540.0M | $635.0M | $554.0M | $595.0M |
| Corporate And Unallocated | $105.0M | $115.0M | $97.0M | $101.0M |
| Other Revenue | $45.0M | $40.0M | $35.0M | $32.0M |
| Franchise Fees And Income | $25.0M | $28.0M | $24.0M | $27.0M |
Yum China Holdings, Inc. Annual Revenue by Year
Yum China Holdings, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $11.8B).
| Year | Annual Revenue |
|---|---|
| 2025 | $11.8B |
| 2024 | $11.3B |
| 2023 | $11.0B |
| 2022 | $9.6B |
Yum China Holdings, Inc. Quarterly Revenue & Net Profit History
Yum China Holdings, Inc. 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 2025 | $2.8B | +8.8% | $140.0M | 5.0% |
| Q3 2025 | $3.2B | +4.4% | $282.0M | 8.8% |
| Q2 2025 | $2.8B | +4.0% | $215.0M | 7.7% |
| Q1 2025 | $3.0B | +0.8% | $292.0M | 9.8% |
| Q4 2024 | $2.6B | +4.1% | $115.0M | 4.4% |
| Q3 2024 | $3.1B | +5.4% | $297.0M | 9.7% |
| Q2 2024 | $2.7B | +0.9% | $212.0M | 7.9% |
| Q1 2024 | $3.0B | +1.4% | $287.0M | 9.7% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.96B | $2.68B | $3.07B | $2.60B | $2.98B | $2.79B | $3.21B | $2.82B |
| YoY Growth | 1.4% | 0.9% | 5.4% | 4.1% | 0.8% | 4.0% | 4.4% | 8.8% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $11.29B | $11.57B | $11.80B | $11.12B | $11.00B | $10.98B | $11.03B | $10.78B |
| Liabilities | $4.71B | $5.09B | $5.07B | $4.69B | $4.56B | $4.51B | $4.65B | $4.68B |
| Equity | $5.87B | $5.81B | $6.02B | $5.73B | $5.78B | $5.79B | $5.69B | $5.38B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $442.0M | $401.0M | $409.0M | $167.0M | $452.0M | $412.0M | $477.0M | $125.0M |