The Kraft Heinz Company (KHC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 6.05B | 6.35B | 6.24B | 6.35B | 6B | 6.58B | 6.38B | 6.48B | 6.41B | 6.86B | 6.57B | 6.72B | 6.49B | 7.38B | 6.5B | 6.55B | 6.04B | 6.71B | 6.32B | 6.62B |
| Revenue Growth % | 0.8% | -3.38% | -2.29% | -1.91% | -6.43% | -4.14% | -2.85% | -3.65% | -1.2% | -7.06% | 1% | 2.55% | 7.34% | 10.02% | 2.86% | -0.92% | -5.46% | -3.31% | -1.82% | -0.5% |
| Cost of Goods Sold | 3.96B | 4.28B | 4.25B | 4.17B | 3.94B | 4.33B | 4.2B | 4.18B | 4.17B | 4.54B | 4.33B | 4.46B | 4.38B | 5.02B | 4.66B | 4.57B | 4.11B | 4.55B | 4.3B | 4.32B |
| COGS % of Revenue | 65.55% | 67.39% | 68.09% | 65.63% | 65.59% | 65.86% | 65.75% | 64.58% | 65.01% | 66.22% | 65.98% | 66.36% | 67.44% | 67.97% | 71.67% | 69.73% | 68.06% | 67.77% | 67.93% | 65.37% |
| Gross Profit | 2.08B | 2.07B | 1.99B | 2.18B | 2.06B | 2.25B | 2.19B | 2.29B | 2.24B | 2.32B | 2.23B | 2.26B | 2.11B | 2.36B | 1.84B | 1.98B | 1.93B | 2.16B | 2.03B | 2.29B |
| Gross Margin % | 34.45% | 32.61% | 31.91% | 34.37% | 34.41% | 34.14% | 34.25% | 35.42% | 34.99% | 33.78% | 34.02% | 33.64% | 32.56% | 32.03% | 28.33% | 30.27% | 31.94% | 32.23% | 32.07% | 34.63% |
| Gross Profit Growth % | 0.92% | -7.71% | -8.97% | -4.84% | -7.98% | -3.11% | -2.19% | 1.46% | 6.15% | -1.99% | 21.27% | 13.96% | 9.43% | 9.34% | -9.12% | -13.4% | -12.27% | -14.31% | -13.48% | -6.57% |
| Operating Expenses | 1.01B | 988M | 965M | 10.16B | 868M | 2.29B | 2.29B | 1.77B | 941M | 1.02B | 1.58B | 885M | 870M | 1.14B | 1.09B | 1.44B | 816M | 2.18B | 872M | 3.53B |
| OpEx % of Revenue | 16.65% | 15.55% | 15.47% | 159.9% | 14.47% | 34.75% | 35.83% | 27.36% | 14.68% | 14.83% | 24.08% | 13.17% | 13.41% | 15.42% | 16.79% | 22% | 13.5% | 32.52% | 13.79% | 53.3% |
| Selling, General & Admin | 1.01B | 983M | 930M | 891M | 868M | 869M | 819M | 884M | 908M | 978M | 895M | 857M | 845M | 1.12B | 766M | 763M | 777M | 837M | 815M | 885M |
| SG&A % of Revenue | 16.65% | 15.47% | 14.91% | 14.03% | 14.47% | 13.21% | 12.83% | 13.65% | 14.16% | 14.26% | 13.62% | 12.75% | 13.02% | 15.17% | 11.78% | 11.64% | 12.85% | 12.48% | 12.89% | 13.38% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 147M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | 2.14% | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 1.08B | 1.08B | 1.02B | -7.97B | 1.2B | -40M | -101M | 522M | 1.3B | 1.3B | 653M | 1.38B | 1.24B | 1.23B | 751M | 542M | 1.11B | -20M | 1.16B | -1.24B |
| Operating Margin % | 17.79% | 17.06% | 16.43% | -125.54% | 19.94% | -0.61% | -1.58% | 8.06% | 20.31% | 18.95% | 9.94% | 20.47% | 19.16% | 16.61% | 11.54% | 8.27% | 18.45% | -0.3% | 18.28% | -18.67% |
| Operating Income Growth % | -10.03% | 2810% | 1114.85% | -1627.59% | -8.14% | -103.08% | -115.47% | -62.06% | 4.75% | 6.04% | -13.05% | 153.87% | 11.48% | 6230% | -35.03% | 143.89% | 2.39% | -101.29% | 0.78% | 7.77% |
| EBITDA | 1.32B | 1.33B | 1.27B | -7.73B | 1.43B | 194M | 144M | 761M | 1.53B | 1.55B | 927M | 1.59B | 1.46B | 1.47B | 980M | 778M | 1.33B | 213M | 1.38B | -1.01B |
| EBITDA Margin % | 21.85% | 21.01% | 20.36% | -121.74% | 23.79% | 2.95% | 2.26% | 11.75% | 23.9% | 22.61% | 14.11% | 23.69% | 22.55% | 19.97% | 15.07% | 11.87% | 22.08% | 3.17% | 21.88% | -15.24% |
| EBITDA Growth % | -7.43% | 588.14% | 781.94% | -1116.16% | -6.85% | -87.49% | -84.47% | -52.2% | 4.72% | 5.22% | -5.41% | 104.63% | 9.59% | 592.02% | -29.19% | 177.18% | 1.83% | -88.15% | 0.36% | 7.69% |
| D&A (Non-Cash Add-back) | 245M | 251M | 245M | 241M | 231M | 234M | 245M | 239M | 230M | 251M | 274M | 216M | 220M | 248M | 229M | 236M | 220M | 233M | 228M | 227M |
| EBIT | 1.08B | 1.14B | 1.05B | -7.93B | 1.25B | -11M | -53M | 577M | 1.25B | 1.18B | 688M | 1.4B | 1.28B | 1.27B | 773M | 633M | 1.21B | 84M | 1.29B | 1.26B |
| Net Interest Income | -206M | -201M | -206M | -212M | -206M | -207M | -214M | -212M | -210M | -217M | -216M | -218M | -221M | -208M | -221M | -228M | -237M | -602M | -411M | -609M |
| Interest Income | 42M | 37M | 34M | 28M | 23M | 20M | 16M | 17M | 16M | 12M | 12M | 10M | 6M | 9M | 7M | 6M | 5M | 2M | 4M | 4M |
| Interest Expense | 248M | 238M | 240M | 240M | 229M | 227M | 230M | 229M | 226M | 229M | 228M | 228M | 227M | 217M | 228M | 234M | 242M | 604M | 415M | 613M |
| Other Income/Expense | -66M | -187M | -218M | -193M | -178M | -198M | -182M | -174M | -273M | -350M | -193M | -204M | -192M | -175M | -206M | -143M | -144M | -500M | -277M | 1.88B |
| Pretax Income | 1.01B | 897M | 807M | -8.17B | 1.02B | -238M | -283M | 348M | 1.03B | 950M | 460M | 1.17B | 1.05B | 1.05B | 545M | 399M | 971M | -520M | 879M | 645M |
| Pretax Margin % | 16.7% | 14.12% | 12.94% | -128.57% | 16.97% | -3.62% | -4.43% | 5.37% | 16.05% | 13.85% | 7% | 17.44% | 16.2% | 14.24% | 8.38% | 6.09% | 16.06% | -7.75% | 13.9% | 9.75% |
| Income Tax | 211M | 249M | 194M | -344M | 304M | -2.37B | 7M | 248M | 225M | 193M | 206M | 174M | 214M | 164M | 110M | 134M | 190M | -265M | 143M | 670M |
| Effective Tax Rate % | 20.89% | 27.76% | 24.04% | 4.21% | 29.86% | 995.8% | -2.47% | 71.26% | 21.87% | 20.32% | 44.78% | 14.85% | 20.36% | 15.6% | 20.18% | 33.58% | 19.57% | 50.96% | 16.27% | 103.88% |
| Net Income | 798M | 651M | 615M | -7.82B | 712M | 2.13B | -290M | 102M | 801M | 757M | 262M | 1B | 836M | 890M | 432M | 265M | 776M | -257M | 733M | -27M |
| Net Margin % | 13.2% | 10.25% | 9.86% | -123.17% | 11.87% | 32.41% | -4.54% | 1.57% | 12.49% | 11.04% | 3.99% | 14.88% | 12.88% | 12.06% | 6.64% | 4.04% | 12.84% | -3.83% | 11.59% | -0.41% |
| Net Income Growth % | 12.08% | -69.45% | 312.07% | -7770.59% | -11.11% | 181.51% | -210.69% | -89.8% | -4.19% | -14.94% | -39.35% | 277.36% | 7.73% | 446.3% | -41.06% | 1081.48% | 37.83% | -124.9% | 22.78% | 98.36% |
| Net Income (Continuing) | 799M | 648M | 613M | -7.82B | 714M | 2.13B | -290M | 100M | 804M | 757M | 254M | 998M | 837M | 887M | 435M | 265M | 781M | -255M | 736M | -25M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 126M | 125M | 129M | 134M | 145M | 140M | 141M | 136M | 166M | 196M | 182M | 200M | 200M | 192M | 195M | 206M | 200M | 154M | 149M | 145M |
| EPS (Diluted) | 0.67 | 0.55 | 0.52 | -6.57 | 0.60 | 1.76 | -0.24 | 0.08 | 0.66 | 0.61 | 0.21 | 0.81 | 0.68 | 0.72 | 0.35 | 0.21 | 0.63 | -0.21 | 0.59 | -0.02 |
| EPS Growth % | 11.67% | -68.75% | 316.67% | -7930.75% | -9.09% | 188.52% | -214.29% | -89.64% | -2.94% | -15.28% | -40% | 285.71% | 7.94% | 442.86% | -40.68% | 1129.41% | 36.96% | -125% | 20.41% | 98.49% |
| EPS (Basic) | 0.67 | 0.55 | 0.52 | -6.58 | 0.60 | 1.77 | -0.24 | 0.08 | 0.66 | 0.62 | 0.21 | 0.81 | 0.68 | 0.73 | 0.35 | 0.22 | 0.63 | -0.21 | 0.60 | -0.02 |
| Diluted Shares Outstanding | 1.19B | 1.19B | 1.19B | 1.19B | 1.19B | 1.21B | 1.21B | 1.22B | 1.22B | 1.23B | 1.24B | 1.24B | 1.23B | 1.23B | 1.24B | 1.24B | 1.23B | 1.23B | 1.24B | 1.22B |
| Basic Shares Outstanding | 1.19B | 1.19B | 1.18B | 1.19B | 1.19B | 1.21B | 1.21B | 1.21B | 1.21B | 1.23B | 1.23B | 1.23B | 1.23B | 1.23B | 1.23B | 1.23B | 1.23B | 1.22B | 1.23B | 1.22B |
| Dividend Payout Ratio | 59.4% | 72.81% | 76.91% | - | 66.99% | 22.48% | - | 473.53% | 60.67% | 64.86% | 187.79% | 49.1% | 58.73% | 55.06% | 113.43% | 184.91% | 63.14% | - | 66.85% | - |