Yum Brands Inc.'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 31, 2025 · FY), Yum Brands Inc. reported revenue of $8.2B (+8.8% year on year) and net income of $1.6B (+4.9% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | $8.2B | $7.5B | $7.1B | $6.8B |
| Total revenues | $8.2B | $7.5B | $7.1B | $6.8B |
| Company restaurant expenses | $2.5B | $2.1B | $1.8B | $1.7B |
| General and administrative expenses | $1.3B | $1.2B | $1.2B | $1.1B |
| Franchise and property expenses | $140.0M | $134.0M | $123.0M | $123.0M |
| Franchise advertising and other services expense | $1.8B | $1.7B | $1.7B | $1.7B |
| Refranchising (gain) loss | ($48.0M) | ($34.0M) | ($29.0M) | ($27.0M) |
| Other (income) expense | $2.0M | $34.0M | $14.0M | $7.0M |
| Costs and Expenses, Total | $5.6B | $5.1B | $4.8B | $4.7B |
| Operating Profit | $2.6B | $2.4B | $2.3B | $2.2B |
| Investment (income) expense, net | ($1.0M) | $21.0M | ($7.0M) | ($11.0M) |
| Other Pension (income) expense | ($2.0M) | ($7.0M) | ($6.0M) | $9.0M |
| Interest Income (Expense), Operating | $501.0M | $489.0M | $513.0M | $527.0M |
| Income (Loss) Attributable to Parent, before Tax, Total | $2.1B | $1.9B | $1.8B | $1.7B |
| Income tax provision | $518.0M | $414.0M | $221.0M | $337.0M |
| Net Income | $1.6B | $1.5B | $1.6B | $1.3B |
| Basic Earnings Per Common Share (in dollars per share) | $5.59 | $5.28 | $5.68 | $4.63 |
| Diluted Earnings Per Common Share (in dollars per share) | $5.55 | $5.22 | $5.59 | $4.57 |
| Dividends Declared Per Common Share (in dollars per share) | $2.84 | $2.68 | $2.42 | $2.28 |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Revenues | $2.2B | $2.1B | $2.0B | $1.9B |
| Total Revenues | $2.2B | $2.1B | $2.0B | — |
| Company restaurant expenses | $700.0M | $677.0M | $587.0M | $560.0M |
| General and Administrative Expense | $324.0M | $322.0M | $282.0M | $302.0M |
| Franchise and property expenses | $41.0M | $43.0M | $35.0M | $39.0M |
| Franchise advertising and other services expense | $444.0M | $419.0M | $427.0M | $428.0M |
| Refranchising (gain) loss | ($1.0M) | ($1.0M) | ($17.0M) | ($11.0M) |
| Other (income) expense | $6.0M | ($45.0M) | ($1.0M) | ($7.0M) |
| Total costs and expenses, net | $1.5B | $1.4B | $1.3B | $1.3B |
| Operating Profit | $655.0M | $644.0M | $666.0M | $622.0M |
| Investment (income) expense, net | ($6.0M) | $0 | $0 | $0 |
| Other pension (income) expense | $0 | $0 | $1.0M | ($1.0M) |
| Interest expense, net | $128.0M | $128.0M | $124.0M | $123.0M |
| Income Before Income Taxes | $533.0M | $516.0M | $541.0M | $499.0M |
| Income tax provision | ($320.0M) | $84.0M | $144.0M | $125.0M |
| Net Income | $853.0M | $432.0M | $397.0M | $374.0M |
| Basic Earnings Per Common Share | $3.10 | $1.56 | $1.42 | $1.34 |
| Diluted Earnings Per Common Share | $3.08 | $1.55 | $1.41 | $1.33 |
| Dividends Declared Per Common Share | $0.75 | $0.75 | $0.71 | $0.71 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $709.0M | $616.0M | $512.0M | $367.0M |
| Accounts and notes receivable, net | $841.0M | $775.0M | $737.0M | $648.0M |
| Prepaid Expense and Other Assets, Current | $490.0M | $480.0M | $360.0M | $594.0M |
| Total Current Assets | $2.0B | $1.9B | $1.6B | $1.6B |
| Property, Plant and equipment, net | $1.6B | $1.3B | $1.2B | $1.2B |
| Goodwill | $969.0M | $736.0M | $642.0M | $638.0M |
| Intangible assets, net | $909.0M | $416.0M | $377.0M | $354.0M |
| Other assets | $1.7B | $1.3B | $1.4B | $1.3B |
| Deferred Income Taxes | $965.0M | $1.1B | $1.0B | $750.0M |
| Total Assets | $8.2B | $6.7B | $6.2B | $5.8B |
| Accounts payable and other current liabilities | $1.4B | $1.2B | $1.2B | $1.3B |
| Income taxes payable | $46.0M | $31.0M | $55.0M | $16.0M |
| Debt, Current | $38.0M | $27.0M | $53.0M | $398.0M |
| Total Current Liabilities | $1.5B | $1.3B | $1.3B | $1.7B |
| Long-term debt | $11.9B | $11.3B | $11.1B | $11.5B |
| Other Liabilities, Noncurrent | $2.1B | $1.8B | $1.7B | $1.6B |
| Total Liabilities | $15.5B | $14.4B | $14.1B | $14.7B |
| Common stock, no par value, 750 shares authorized; 280 shares and 289 shares issued in 2022 and 2021, respectively | 0 | 0 | 60.0M | 0 |
| Accumulated Deficit | ($7.0B) | ($7.3B) | ($7.6B) | ($8.5B) |
| Accumulated other comprehensive income (loss) | ($311.0M) | ($392.0M) | ($302.0M) | ($369.0M) |
| Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Total | ($7.3B) | ($7.6B) | ($7.9B) | ($8.9B) |
| Total Liabilities, Redeemable Noncontrolling Interest and Shareholders' Equity | $8.2B | $6.7B | $6.2B | $5.8B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $674.0M | $689.0M | $1.0B | $677.0M |
| Accounts and notes receivable, net | $623.0M | $828.0M | $744.0M | $756.0M |
| Prepaid Expense and Other Assets, Current | $498.0M | $513.0M | $415.0M | $394.0M |
| Disposal Group, Including Discontinued Operation, Assets | $746.0M | — | — | — |
| Total Current Assets | $2.5B | $2.0B | $2.2B | $1.8B |
| Property, plant and equipment, net | $1.6B | $1.6B | $1.4B | $1.4B |
| Goodwill | $716.0M | $971.0M | $779.0M | $792.0M |
| Intangible assets, net | $807.0M | $899.0M | $462.0M | $454.0M |
| Other assets | $1.6B | $1.7B | $1.4B | $1.4B |
| Deferred Income Taxes | $1.4B | $952.0M | $898.0M | $1.1B |
| Total Assets | $8.7B | $8.2B | $7.2B | $6.9B |
| Accounts payable and other current liabilities | $1.2B | $1.3B | $1.2B | $1.2B |
| Income taxes payable | $26.0M | $35.0M | $36.0M | $34.0M |
| Short-term borrowings | $2.8B | $1.7B | $48.0M | $971.0M |
| Disposal Group, Including Discontinued Operation, Liabilities | $262.0M | — | — | — |
| Total Current Liabilities | $4.3B | $3.1B | $1.3B | $2.2B |
| Long-term debt | $9.5B | $10.2B | $11.5B | $10.4B |
| Other liabilities and deferred credits | $2.0B | $2.2B | $1.9B | $2.0B |
| Total Liabilities | $15.8B | $15.5B | $14.7B | $14.6B |
| Common Stock, no par value, 750 shares authorized; 280 shares issued in 2024 and 281 issued in 2023 | 0 | 0 | 0 | 0 |
| Accumulated Deficit | ($6.8B) | ($7.0B) | ($7.2B) | ($7.4B) |
| Accumulated other comprehensive loss | ($298.0M) | ($312.0M) | ($322.0M) | ($319.0M) |
| Total Shareholders' Deficit | ($7.1B) | ($7.3B) | ($7.5B) | ($7.7B) |
| Total Liabilities and Shareholders' Deficit | $8.7B | $8.2B | $7.2B | $6.9B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net Income | $1.6B | $1.5B | $1.6B | $1.3B |
| Depreciation and amortization | $206.0M | $175.0M | $153.0M | $146.0M |
| Impairment and closure expense | $22.0M | $12.0M | $13.0M | $10.0M |
| Refranchising (gain) loss | ($48.0M) | ($34.0M) | ($29.0M) | ($27.0M) |
| Investment (income) expense, net | ($1.0M) | $21.0M | ($7.0M) | ($11.0M) |
| Deferred income taxes | $107.0M | ($30.0M) | ($290.0M) | ($55.0M) |
| Share-based compensation expense | $70.0M | $69.0M | $95.0M | $84.0M |
| Changes in Accounts and Notes Receivable | ($45.0M) | ($53.0M) | ($89.0M) | ($84.0M) |
| Changes in Prepaid Expense and Other Assets | ($18.0M) | ($12.0M) | ($15.0M) | $1.0M |
| Changes in accounts payable and other current liabilities | $94.0M | $8.0M | ($30.0M) | ($39.0M) |
| Changes in income taxes payable | ($48.0M) | ($29.0M) | $43.0M | $17.0M |
| Other, net | $112.0M | $76.0M | $162.0M | $60.0M |
| Net Cash Provided by Operating Activities | $2.0B | $1.7B | $1.6B | $1.4B |
| Capital spending | ($371.0M) | ($257.0M) | ($285.0M) | ($279.0M) |
| Proceeds from Sale of Long-Term Investments | $0 | $104.0M | — | — |
| Payments for (Proceeds from) Investments | $0 | $0 | $121.0M | $0 |
| Business Acquisitions, Purchase Price Allocation, Year of Acquisition, Net Effect on Income | ($782.0M) | — | — | — |
| Proceeds from refranchising of restaurants | $78.0M | $49.0M | $60.0M | $73.0M |
| Payments to Acquire Short-Term Investments | $91.0M | ($91.0M) | — | — |
| Other, net | ($19.0M) | ($53.0M) | ($3.0M) | $4.0M |
| Net Cash Provided by (Used in) Investing Activities | ($1.0B) | ($422.0M) | ($107.0M) | ($202.0M) |
| Proceeds from long-term debt | $1.5B | $237.0M | $0 | $999.0M |
| Repayments of long-term debt | ($966.0M) | ($479.0M) | ($397.0M) | ($699.0M) |
| Revolving credit facilities, three months or less, net | ($50.0M) | $345.0M | ($279.0M) | $279.0M |
| More than three months - proceeds | $89.0M | — | — | $0 |
| Repurchase shares of Common Stock | -552.0M | -441.0M | -50.0M | -1.2B |
| Dividends paid on Common Stock | ($789.0M) | ($752.0M) | ($678.0M) | ($649.0M) |
| Other, net | ($63.0M) | ($73.0M) | ($25.0M) | ($42.0M) |
| Net Cash Used in Financing Activities | ($924.0M) | ($1.2B) | ($1.4B) | ($1.3B) |
| Three months or less, net | $0 | — | — | $0 |
| Repayments of Short-Term Debt, Maturing in More than Three Months | ($86.0M) | — | — | $0 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Ending Balance | $923.0M | $724.0M | $647.0M | $771.0M |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Beginning Balance | $807.0M | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $116.0M | $83.0M | $77.0M | ($124.0M) |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations | $32.0M | ($21.0M) | $10.0M | ($26.0M) |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net Income | $1.3B | $432.0M | $1.0B | $628.0M |
| Depreciation and amortization | $119.0M | $60.0M | $139.0M | $89.0M |
| Refranchising (gain) loss | ($2.0M) | ($1.0M) | ($33.0M) | ($16.0M) |
| Investment (income) expense, net | ($6.0M) | $0 | ($1.0M) | ($1.0M) |
| Deferred income taxes | ($411.0M) | $13.0M | $175.0M | $12.0M |
| Share-based compensation expense | $35.0M | $24.0M | $54.0M | $37.0M |
| Changes in accounts and notes receivable | $16.0M | $28.0M | $51.0M | $34.0M |
| Changes in prepaid expenses and other current assets | ($43.0M) | ($24.0M) | ($8.0M) | ($47.0M) |
| Changes in accounts payable and other current liabilities | ($71.0M) | ($75.0M) | ($42.0M) | ($42.0M) |
| Changes in income taxes payable | ($17.0M) | ($19.0M) | ($31.0M) | $21.0M |
| Other, net | $12.0M | ($22.0M) | $65.0M | $135.0M |
| Net Cash Provided by Operating Activities | $923.0M | $416.0M | $1.4B | $850.0M |
| Capital spending | ($175.0M) | ($75.0M) | ($236.0M) | ($142.0M) |
| Proceeds from Sale of Productive Assets | $1.0M | $0 | $53.0M | $32.0M |
| Payments to Acquire Short-Term Investments | $0 | $0 | $91.0M | $91.0M |
| Other, net | $10.0M | $0 | ($16.0M) | ($13.0M) |
| Net Cash Used in Investing Activities | ($169.0M) | ($80.0M) | ($208.0M) | ($130.0M) |
| Repayments of long-term debt | ($14.0M) | ($8.0M) | ($957.0M) | ($12.0M) |
| Revolving credit facilities, three months or less, net | $375.0M | $50.0M | ($350.0M) | $50.0M |
| Repurchase shares of Common Stock | -674.0M | -185.0M | -374.0M | -338.0M |
| Dividends paid on Common Stock | ($413.0M) | ($207.0M) | ($592.0M) | ($395.0M) |
| Other, net | ($31.0M) | ($25.0M) | ($57.0M) | ($48.0M) |
| Cash Provided by (Used in) Financing Activity, Including Discontinued Operation | ($757.0M) | ($375.0M) | ($822.0M) | ($741.0M) |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($4.0M) | $5.0M | $29.0M | $31.0M |
| Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect, Continuing Operation | ($7.0M) | — | — | — |
| Net Increase (Decrease) in Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($39.0M) | ($34.0M) | $393.0M | $11.0M |
| Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect, Discontinued Operation | ($32.0M) | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents - Beginning of Period | $923.0M | $923.0M | $807.0M | $807.0M |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents - End of Period | $884.0M | $889.0M | $1.2B | $818.0M |
| Payments to Acquire Long-Term Investments | ($5.0M) | ($5.0M) | ($100.0M) | ($98.0M) |
Yum Brands Inc. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.