Kraft Heinz Co (KHC) financial statements: income statement, balance sheet and cash flow
Kraft Heinz Co's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 27, 2025 · FY), Kraft Heinz Co reported revenue of $24.9B (-3.5% year on year) and net income of ($5.8B) (-313.0% year on year).
Income statement
Kraft Heinz Co income statement, fiscal years
Line item
Dec 27, 2025 · FY
Dec 28, 2024 · FY
Dec 30, 2023 · FY
Dec 31, 2022 · FY
Net sales
$24.9B
$25.8B
$26.6B
$26.5B
Cost of products sold
$16.6B
$16.9B
$17.7B
$18.4B
Gross profit
$8.3B
$9.0B
$8.9B
$8.1B
Selling, general and administrative expenses, excluding impairment losses
$3.7B
$3.6B
$3.7B
$3.6B
Goodwill impairment losses
$6.7B
$1.6B
$510.0M
$444.0M
Intangible asset impairment losses
$2.6B
$2.0B
$152.0M
$469.0M
Selling, general and administrative expenses
$13.0B
$7.3B
$4.4B
$4.5B
Operating income/(loss)
($4.7B)
$1.7B
$4.6B
$3.6B
Interest expense
$947.0M
$912.0M
$912.0M
$921.0M
Other expense/(income)
($171.0M)
($85.0M)
$27.0M
($253.0M)
Income/(loss) before income taxes
($5.4B)
$856.0M
$3.6B
$3.0B
Provision for/(benefit from) income taxes
$403.0M
($1.9B)
$787.0M
$598.0M
Net income/(loss)
($5.8B)
$2.7B
$2.8B
$2.4B
Net income/(loss) attributable to noncontrolling interest
($2.0M)
$2.0M
($9.0M)
$5.0M
Net income/(loss) attributable to common shareholders
($5.8B)
$2.7B
$2.9B
$2.4B
Basic earnings/(loss) per share (in dollars per share)
-$4.93
$2.27
$2.33
$1.93
Diluted earnings/(loss) per share (in dollars per share)
-$4.93
$2.26
$2.31
$1.91
Kraft Heinz Co income statement, quarters
Line item
Jun 27, 2026 · Q2
Mar 28, 2026 · Q1
Sep 27, 2025 · Q3
Jun 28, 2025 · Q2
Net sales
$6.3B
$6.0B
$6.2B
$6.4B
Cost of products sold
$4.2B
$3.8B
$4.2B
$4.2B
Gross profit
$2.0B
$2.2B
$2.0B
$2.2B
Selling, general and administrative expenses, excluding impairment losses
$1.1B
$1.1B
$930.0M
$891.0M
Goodwill impairment losses
$2.4B
—
$35.0M
$6.7B
Intangible asset impairment losses
$4.9B
$13.0M
$0
$2.6B
Selling, general and administrative expenses
$8.5B
$1.1B
$965.0M
$10.2B
Operating income/(loss)
($6.4B)
$1.1B
$1.0B
($8.0B)
Interest expense/(income)
($31.0M)
$236.0M
$240.0M
$240.0M
Other expense/(income)
($24.0M)
($101.0M)
($22.0M)
($47.0M)
Income/(loss) before income taxes
($6.4B)
$1.0B
$807.0M
($8.2B)
Provision for/(benefit from) income taxes
($916.0M)
$211.0M
$194.0M
($344.0M)
Net income/(loss)
($5.5B)
$799.0M
$613.0M
($7.8B)
Net income/(loss) attributable to noncontrolling interest
$0
$1.0M
($2.0M)
$1.0M
Net income/(loss) attributable to common shareholders
($5.5B)
$798.0M
$615.0M
($7.8B)
Basic earnings/(loss) per common share (in dollars per share)
-$4.60
$0.67
$0.52
-$6.60
Diluted earnings/(loss) per common share (in dollars per share)
-$4.60
$0.67
$0.52
-$6.60
Balance sheet
Kraft Heinz Co balance sheet, fiscal years
Line item
Dec 27, 2025 · FY
Dec 28, 2024 · FY
Dec 30, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$2.6B
$1.3B
$1.4B
$1.0B
Trade receivables (net of allowances of $34 at December 27, 2025 and $26 at December 28, 2024)
$2.3B
$2.1B
$2.1B
$2.1B
Inventories
$3.2B
$3.4B
$3.6B
$3.7B
Prepaid expenses
$291.0M
$215.0M
$234.0M
$240.0M
Marketable Securities
$1.1B
—
—
—
Other current assets
$588.0M
$583.0M
$566.0M
$842.0M
Assets held for sale
$152.0M
—
$3.0M
$4.0M
Total current assets
$10.1B
$7.7B
$7.9B
$7.9B
Property, plant and equipment, net
$7.3B
$7.2B
$7.1B
$6.7B
Goodwill
$22.2B
$28.7B
$30.5B
$30.8B
Intangible assets, net
$37.5B
$40.1B
$42.4B
$42.6B
Other non-current assets
$4.6B
$4.7B
$2.4B
$2.4B
TOTAL ASSETS
$81.8B
$88.3B
$90.3B
$90.5B
Current portion of long-term debt
$1.9B
$654.0M
$638.0M
$831.0M
Accounts payable
$4.3B
$4.2B
$4.6B
$4.8B
Accrued marketing
$801.0M
$697.0M
$733.0M
$749.0M
Interest payable
$298.0M
$263.0M
$258.0M
$264.0M
Other current liabilities
$1.5B
$1.5B
$1.8B
$2.2B
Liabilities held for sale
$8.0M
—
—
—
Total current liabilities
$8.8B
$7.3B
$8.0B
$9.0B
Long-term debt
$19.3B
$19.2B
$19.4B
$19.2B
Deferred income taxes
$9.0B
$9.7B
$10.2B
$10.2B
Accrued postemployment costs
$131.0M
$135.0M
$143.0M
$144.0M
Long-term deferred income
$1.3B
$1.4B
$1.4B
$1.5B
Other non-current liabilities
$1.4B
$1.3B
$1.4B
$1.6B
TOTAL LIABILITIES
$40.0B
$39.0B
$40.6B
$41.6B
Redeemable noncontrolling interest
$12.0M
$6.0M
$34.0M
$40.0M
Common stock, $0.01 par value (5,000 shares authorized; 1,257 shares issued and 1,184 shares outstanding at December 27, 2025; 1,254 shares issued and 1,195 shares outstanding at December 28, 2024)
12.0M
12.0M
12.0M
12.0M
Additional paid-in capital
$51.3B
$52.1B
$52.0B
$51.8B
Retained earnings/(deficit)
($4.6B)
$2.2B
$1.4B
$489.0M
Accumulated other comprehensive income/(losses)
($2.4B)
($2.9B)
($2.6B)
($2.8B)
Treasury stock, at cost (73 shares at December 27, 2025 and 59 shares at December 28, 2024)
-2.6B
-2.2B
-1.3B
-847.0M
Total shareholders' equity
$41.7B
$49.2B
$49.5B
$48.7B
Noncontrolling interest
$113.0M
$134.0M
$162.0M
$152.0M
TOTAL EQUITY
$41.8B
$49.3B
$49.7B
$48.8B
TOTAL LIABILITIES AND EQUITY
$81.8B
$88.3B
$90.3B
$90.5B
Kraft Heinz Co balance sheet, quarters
Line item
Jun 27, 2026
Mar 28, 2026
Sep 27, 2025
Jun 28, 2025
Cash and cash equivalents
$2.4B
$3.3B
$2.1B
$1.6B
Trade receivables (net of allowances of $34 at June 27, 2026 and $34 at December 27, 2025)
$2.3B
$2.3B
$2.3B
$2.3B
Inventories
$3.3B
$3.3B
$3.5B
$3.6B
Prepaid expenses
$266.0M
$270.0M
$281.0M
$258.0M
Marketable Securities, Current
$262.0M
$783.0M
$1.0B
$997.0M
Other current assets
$710.0M
$704.0M
$640.0M
$508.0M
Assets held for sale
$0
$0
$148.0M
—
Total current assets
$9.3B
$10.7B
$10.0B
$9.2B
Property, plant and equipment, net
$7.2B
$7.2B
$7.1B
$7.3B
Goodwill
$19.7B
$22.2B
$22.2B
$22.2B
Intangible assets, net
$32.4B
$37.4B
$37.5B
$37.8B
Other non-current assets
$4.5B
$4.6B
$4.9B
$5.1B
TOTAL ASSETS
$73.1B
$82.0B
$81.7B
$81.6B
Current portion of long-term debt
$1.4B
$1.9B
$1.9B
$1.9B
Accounts payable
$4.5B
$4.4B
$4.6B
$4.3B
Accrued marketing
$990.0M
$936.0M
$711.0M
$749.0M
Interest payable
$271.0M
$294.0M
$283.0M
$281.0M
Other current liabilities
$1.6B
$1.4B
$1.4B
$1.4B
Liabilities held for sale
$0
$0
$11.0M
—
Total current liabilities
$8.7B
$8.9B
$8.9B
$8.6B
Long-term debt
$17.6B
$19.2B
$19.3B
$19.3B
Deferred income taxes
$7.8B
$9.1B
$9.1B
$9.1B
Accrued postemployment costs
$128.0M
$131.0M
$136.0M
$139.0M
Long-term deferred income
$1.3B
$1.3B
$1.3B
$1.3B
Other non-current liabilities
$1.3B
$1.3B
$1.4B
$1.6B
TOTAL LIABILITIES
$36.9B
$40.0B
$40.1B
$40.1B
Redeemable noncontrolling interest
$13.0M
$13.0M
$7.0M
$7.0M
Common stock, $0.01 par value (5,000 shares authorized; 1,260 shares issued and 1,186 shares outstanding at June 27, 2026; 1,257 shares issued and 1,184 shares outstanding at December 27, 2025)
12.0M
12.0M
12.0M
12.0M
Additional paid-in capital
$50.4B
$50.8B
$51.7B
$52.2B
Retained earnings/(deficit)
($9.3B)
($3.8B)
($5.3B)
($5.9B)
Accumulated other comprehensive income/(losses)
($2.5B)
($2.4B)
($2.4B)
($2.3B)
Treasury stock, at cost (74 shares at June 27, 2026 and 73 shares at December 27, 2025)
-2.6B
-2.6B
-2.6B
-2.6B
Total shareholders' equity
$36.0B
$41.9B
$41.5B
$41.4B
Noncontrolling interest
$111.0M
$113.0M
$122.0M
$127.0M
TOTAL EQUITY
$36.1B
$42.0B
$41.6B
$41.5B
TOTAL LIABILITIES AND EQUITY
$73.1B
$82.0B
$81.7B
$81.6B
Cash flow statement
Kraft Heinz Co cash flow statement, fiscal years
Line item
Dec 27, 2025 · FY
Dec 28, 2024 · FY
Dec 30, 2023 · FY
Dec 31, 2022 · FY
Net income/(loss)
($5.8B)
$2.7B
$2.8B
$2.4B
Depreciation and amortization
$968.0M
$948.0M
$961.0M
$933.0M
Divestiture-related license income
($52.0M)
($54.0M)
($54.0M)
($56.0M)
Equity award compensation expense
$95.0M
$109.0M
$141.0M
$148.0M
Deferred income tax provision/(benefit)
($495.0M)
($2.9B)
$17.0M
($278.0M)
Postemployment benefit plan asset transfers/(contributions)
$185.0M
$161.0M
—
—
Goodwill and intangible asset impairment losses
$9.3B
$3.7B
$662.0M
$913.0M
Nonmonetary currency devaluation
$34.0M
$16.0M
$28.0M
$17.0M
Loss/(gain) on sale of business
$42.0M
$81.0M
($4.0M)
($25.0M)
Other items, net
($3.0M)
($46.0M)
$221.0M
$7.0M
Trade receivables
($55.0M)
($139.0M)
$18.0M
($228.0M)
Inventories
$133.0M
($6.0M)
($106.0M)
($1.1B)
Accounts payable
($97.0M)
($308.0M)
($295.0M)
$152.0M
Other current assets
($88.0M)
($38.0M)
$139.0M
($314.0M)
Other current liabilities
$337.0M
($98.0M)
($562.0M)
$28.0M
Net cash provided by/(used for) operating activities
$4.5B
$4.2B
$4.0B
$2.5B
Capital expenditures
($801.0M)
($1.0B)
($1.0B)
($916.0M)
Payments to Acquire Intangible Assets
$0
($140.0M)
—
—
Payments to Acquire Marketable Securities
($1.7B)
—
—
—
Proceeds from Sale and Maturity of Marketable Securities
$686.0M
—
—
—
Proceeds from sale of business, net of cash disposed and working capital adjustments
$9.0M
$8.0M
$0
$88.0M
Other investing activities, net
($3.0M)
$58.0M
$66.0M
$10.0M
Net cash provided by/(used for) investing activities
($1.8B)
($1.0B)
($916.0M)
($1.1B)
Repayments of long-term debt
($678.0M)
($618.0M)
($848.0M)
($1.5B)
Proceeds from issuance of long-term debt
$1.6B
$594.0M
$657.0M
$0
Proceeds from issuance of commercial paper
$0
$0
$150.0M
$228.0M
Repayments of commercial paper
$0
$0
($150.0M)
($228.0M)
Dividends paid
($1.9B)
($1.9B)
($2.0B)
($2.0B)
Repurchases of common stock
$436.0M
$988.0M
$455.0M
—
Other financing activities, net
$141.0M
($65.0M)
($67.0M)
($299.0M)
Net cash provided by/(used for) financing activities
($1.3B)
($3.0B)
($2.7B)
($3.7B)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash
$80.0M
($71.0M)
($19.0M)
($69.0M)
Net increase/(decrease)
$1.5B
$82.0M
$363.0M
($2.4B)
Balance at beginning of period
$1.5B
$1.4B
$1.0B
$3.4B
Balance at end of period
$2.9B
$1.5B
$1.4B
$1.0B
Interest
$903.0M
$906.0M
$896.0M
$937.0M
Kraft Heinz Co cash flow statement, quarters
Line item
Jun 27, 2026 · YTD
Mar 28, 2026 · Q1
Sep 27, 2025 · YTD
Jun 28, 2025 · YTD
Net income/(loss)
($4.7B)
$799.0M
($6.5B)
($7.1B)
Depreciation and amortization
$506.0M
$245.0M
$717.0M
$472.0M
Divestiture-related license income
($26.0M)
($13.0M)
($39.0M)
($26.0M)
Equity award compensation expense
$53.0M
$22.0M
$70.0M
$53.0M
Deferred income tax provision/(benefit)
($1.2B)
$29.0M
($488.0M)
($595.0M)
Payment for Pension and Other Postretirement Benefits
($8.0M)
—
—
($8.0M)
Goodwill and intangible asset impairment losses
$7.4B
$13.0M
$9.3B
$9.3B
Nonmonetary currency devaluation
$16.0M
$12.0M
$26.0M
$21.0M
Loss/(gain) on sale of business
($3.0M)
($3.0M)
$44.0M
$0
Loss/(gain) on extinguishment of debt
($265.0M)
—
—
—
Other items, net
($124.0M)
($227.0M)
$13.0M
($28.0M)
Trade receivables
($61.0M)
($73.0M)
($53.0M)
($123.0M)
Inventories
($228.0M)
($195.0M)
($205.0M)
($164.0M)
Accounts payable
$392.0M
$256.0M
$312.0M
$109.0M
Other current assets
($19.0M)
$3.0M
($188.0M)
$1.0M
Other current liabilities
$318.0M
$142.0M
$83.0M
$60.0M
Net cash provided by/(used for) operating activities
$2.1B
$1.0B
$3.1B
$1.9B
Capital expenditures
($429.0M)
($240.0M)
($596.0M)
($425.0M)
Purchases of marketable securities
($105.0M)
($105.0M)
($1.4B)
($1.0B)
Proceeds from sale of marketable securities
$910.0M
$387.0M
$354.0M
$45.0M
Proceeds from sale of business, net of cash disposed and working capital adjustments
$146.0M
$146.0M
$9.0M
$9.0M
Other investing activities, net
$29.0M
($3.0M)
($19.0M)
$56.0M
Net cash provided by/(used for) investing activities
$551.0M
$185.0M
($1.6B)
($1.3B)
Repayments of long-term debt
$3.0B
—
$677.0M
$676.0M
Proceeds from issuance of long-term debt
$1.2B
$0
$1.6B
$1.6B
Dividends paid
($949.0M)
($474.0M)
($1.4B)
($951.0M)
Repurchases of common stock
($27.0M)
($23.0M)
($435.0M)
($435.0M)
Other financing activities, net
($77.0M)
($15.0M)
$153.0M
$19.0M
Net cash provided by/(used for) financing activities
($2.9B)
($512.0M)
($763.0M)
($423.0M)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash