Yum! Brands, Inc. (YUM) 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 | 2.06B | 2.51B | 1.98B | 1.93B | 1.79B | 2.36B | 1.83B | 1.76B | 1.6B | 2.04B | 1.71B | 1.69B | 1.65B | 2.02B | 1.64B | 1.64B | 1.55B | 1.89B | 1.61B | 1.6B |
| Revenue Growth % | 15.22% | 6.44% | 8.43% | 9.59% | 11.83% | 16.01% | 6.91% | 4.5% | -2.86% | 0.84% | 4.15% | 3.12% | 6.33% | 6.83% | 2.12% | 2.12% | 4.11% | 8.43% | 10.91% | 33.72% |
| Cost of Goods Sold | 1.14B | 1.4B | 1.05B | 1.03B | 950M | 1.31B | 960M | 894M | 798M | 1.06B | 848M | 835M | 834M | 1.07B | 826M | 840M | 795M | 1.02B | 827M | 816M |
| COGS % of Revenue | 55.32% | 55.49% | 52.98% | 53.16% | 53.16% | 55.59% | 52.57% | 50.71% | 49.94% | 52.21% | 49.65% | 49.5% | 50.7% | 53.19% | 50.37% | 51.34% | 51.39% | 53.81% | 51.49% | 50.94% |
| Gross Profit | 920M | 1.12B | 931M | 905M | 837M | 1.05B | 866M | 869M | 800M | 973M | 860M | 852M | 811M | 945M | 814M | 796M | 752M | 873M | 779M | 786M |
| Gross Margin % | 44.68% | 44.51% | 47.02% | 46.84% | 46.84% | 44.41% | 47.43% | 49.29% | 50.06% | 47.79% | 50.35% | 50.5% | 49.3% | 46.81% | 49.63% | 48.66% | 48.61% | 46.19% | 48.51% | 49.06% |
| Gross Profit Growth % | 9.92% | 6.67% | 7.51% | 4.14% | 4.63% | 7.81% | 0.7% | 2% | -1.36% | 2.96% | 5.65% | 7.04% | 7.85% | 8.25% | 4.49% | 1.27% | 3.3% | 6.72% | 7.75% | 43.17% |
| Operating Expenses | 276M | 377M | 265M | 283M | 289M | 392M | 247M | 262M | 280M | 364M | 247M | 279M | 288M | 367M | 268M | 242M | 243M | 371M | 252M | 219M |
| OpEx % of Revenue | 13.4% | 15% | 13.38% | 14.65% | 16.17% | 16.6% | 13.53% | 14.86% | 17.52% | 17.88% | 14.46% | 16.54% | 17.51% | 18.18% | 16.34% | 14.79% | 15.71% | 19.63% | 15.69% | 13.67% |
| Selling, General & Admin | 322M | 377M | 282M | 302M | 302M | 351M | 263M | 281M | 286M | 353M | 267M | 291M | 282M | 372M | 261M | 254M | 253M | 371M | 253M | 230M |
| SG&A % of Revenue | 15.64% | 15% | 14.24% | 15.63% | 16.9% | 14.86% | 14.4% | 15.94% | 17.9% | 17.34% | 15.63% | 17.25% | 17.14% | 18.43% | 15.91% | 15.53% | 16.35% | 19.63% | 15.75% | 14.36% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | -1000K | 0 | -1000K | -1000K | -1000K | 1000K | -1000K | -1000K | -1000K | 1000K | -1000K | -1000K | 1000K | -1000K | 1000K | -1000K | -1000K | 0 | -1000K | -1000K |
| Operating Income | 644M | 738M | 666M | 622M | 548M | 657M | 619M | 607M | 520M | 609M | 613M | 573M | 523M | 578M | 546M | 554M | 509M | 502M | 527M | 567M |
| Operating Margin % | 31.28% | 29.36% | 33.64% | 32.19% | 30.67% | 27.82% | 33.9% | 34.43% | 32.54% | 29.91% | 35.89% | 33.97% | 31.79% | 28.63% | 33.29% | 33.86% | 32.9% | 26.56% | 32.81% | 35.39% |
| Operating Income Growth % | 17.52% | 12.33% | 7.59% | 2.47% | 5.38% | 7.88% | 0.98% | 5.93% | -0.57% | 5.36% | 12.27% | 3.43% | 2.75% | 15.14% | 3.61% | -2.29% | -6.26% | 4.15% | 11.89% | 89% |
| EBITDA | 644M | 805M | 716M | 666M | 593M | 712M | 663M | 648M | 555M | 658M | 650M | 611M | 552M | 620M | 579M | 588M | 546M | 549M | 566M | 606M |
| EBITDA Margin % | 31.28% | 32.02% | 36.16% | 34.47% | 33.18% | 30.14% | 36.31% | 36.76% | 34.73% | 32.32% | 38.06% | 36.22% | 33.56% | 30.71% | 35.3% | 35.94% | 35.29% | 29.05% | 35.24% | 37.83% |
| EBITDA Growth % | 8.6% | 13.06% | 7.99% | 2.78% | 6.85% | 8.21% | 2% | 6.06% | 0.54% | 6.13% | 12.26% | 3.91% | 1.1% | 12.93% | 2.3% | -2.97% | -6.19% | 3.98% | 9.27% | 85.89% |
| D&A (Non-Cash Add-back) | 0 | 67M | 50M | 44M | 45M | 55M | 44M | 41M | 35M | 49M | 37M | 38M | 29M | 42M | 33M | 34M | 37M | 47M | 39M | 39M |
| EBIT | 644M | 740M | 665M | 622M | 549M | 659M | 622M | 608M | 500M | 596M | 631M | 603M | 501M | 564M | 571M | 538M | 516M | 535M | 577M | 566M |
| Net Interest Income | -128M | -133M | -124M | -123M | -120M | -131M | -120M | -121M | -117M | -132M | -126M | -125M | -130M | -137M | -124M | -148M | -118M | -128M | -126M | -159M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 128M | 133M | 124M | 123M | 120M | 131M | 120M | 121M | 117M | 132M | 126M | 125M | 130M | 137M | 124M | 148M | 118M | 128M | 126M | 159M |
| Other Income/Expense | -128M | -131M | -125M | -123M | -119M | -129M | -117M | -120M | -137M | -145M | -108M | -95M | -152M | -151M | -99M | -164M | -111M | -95M | -76M | -160M |
| Pretax Income | 516M | 607M | 541M | 499M | 429M | 528M | 502M | 487M | 383M | 464M | 505M | 478M | 371M | 427M | 447M | 390M | 398M | 407M | 451M | 407M |
| Pretax Margin % | 25.06% | 24.14% | 27.32% | 25.83% | 24.01% | 22.35% | 27.49% | 27.62% | 23.97% | 22.79% | 29.57% | 28.33% | 22.55% | 21.15% | 27.26% | 23.84% | 25.73% | 21.53% | 28.08% | 25.41% |
| Income Tax | 84M | 72M | 144M | 125M | 176M | 105M | 120M | 120M | 69M | 1M | 89M | 60M | 71M | 56M | 116M | 166M | -1M | 77M | -77M | 16M |
| Effective Tax Rate % | 16.28% | 11.86% | 26.62% | 25.05% | 41.03% | 19.89% | 23.9% | 24.64% | 18.02% | 0.22% | 17.62% | 12.55% | 19.14% | 13.11% | 25.95% | 42.56% | -0.25% | 18.92% | -17.07% | 3.93% |
| Net Income | 432M | 535M | 397M | 374M | 253M | 423M | 382M | 367M | 314M | 463M | 416M | 418M | 300M | 371M | 331M | 224M | 399M | 330M | 528M | 391M |
| Net Margin % | 20.98% | 21.28% | 20.05% | 19.36% | 14.16% | 17.91% | 20.92% | 20.82% | 19.65% | 22.74% | 24.36% | 24.78% | 18.24% | 18.38% | 20.18% | 13.69% | 25.79% | 17.46% | 32.88% | 24.41% |
| Net Income Growth % | 70.75% | 26.48% | 3.93% | 1.91% | -19.43% | -8.64% | -8.17% | -12.2% | 4.67% | 24.8% | 25.68% | 86.61% | -24.81% | 12.42% | -37.31% | -42.71% | 22.39% | -0.6% | 86.57% | 89.81% |
| Net Income (Continuing) | 432M | 535M | 397M | 374M | 253M | 423M | 382M | 367M | 314M | 463M | 416M | 418M | 300M | 371M | 331M | 224M | 399M | 330M | 528M | 391M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.55 | 1.92 | 1.41 | 1.33 | 0.90 | 1.49 | 1.35 | 1.28 | 1.10 | 1.62 | 1.46 | 1.46 | 1.05 | 1.29 | 1.15 | 0.77 | 1.36 | 1.11 | 1.75 | 1.29 |
| EPS Growth % | 72.22% | 28.86% | 4.44% | 3.91% | -18.18% | -8.02% | -7.53% | -12.33% | 4.76% | 25.58% | 26.96% | 89.61% | -22.79% | 16.22% | -34.29% | -40.31% | 27.1% | 2.78% | 90.22% | 92.54% |
| EPS (Basic) | 1.56 | 1.92 | 1.43 | 1.34 | 0.90 | 1.51 | 1.36 | 1.30 | 1.11 | 1.65 | 1.48 | 1.49 | 1.07 | 1.31 | 1.16 | 0.78 | 1.38 | 1.13 | 1.78 | 1.31 |
| Diluted Shares Outstanding | 279M | 278M | 281M | 281M | 282M | 283M | 285M | 286M | 286M | 285M | 286M | 286M | 285M | 287M | 289M | 290M | 294M | 298M | 302M | 304M |
| Basic Shares Outstanding | 277M | 278M | 278M | 279M | 280M | 280M | 282M | 282M | 282M | 281M | 281M | 281M | 281M | 283M | 285M | 286M | 289M | 293M | 296M | 298M |
| Dividend Payout Ratio | 47.92% | 36.82% | 49.62% | 52.67% | 78.26% | 44.21% | 49.21% | 51.23% | 60.19% | 36.72% | 40.63% | 40.67% | 56.33% | 43.13% | 48.94% | 72.32% | 41.35% | 44.24% | 27.84% | 38.11% |