YUM FY 2025 Earnings Report — Yum! Brands, Inc. Revenue & Financial Results | Market Cap Arena

Yum! Brands, Inc.YUM

FY 2025 Earnings

Reported February 20, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$8.2B	—	$7.5B	—	8.8%
Op. Income	$2.5B	—	$2.4B	—	5.3%
Gross Margin	46.2%	—	47.5%	—	-1.3pp
Net Margin	19.0%	—	19.7%	—	-0.7pp
EPS (Diluted)	$5.56	—	$5.22	—	6.5%
Free Cash Flow	$1.6B	—	$1.4B	—	14.5%

Revenue Flow

Item	Amount
REVENUE	$8.2B
Cost of Revenue	$4.4B
GROSS PROFIT	$3.8B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$1.3B
SG&A Expenses	$1.3B
Other Expenses	$0
Operating Expenses	$1.3B
Cost & Expenses	$5.7B
OPERATING INCOME	$2.5B
Interest Income	$0
Interest Expense	$500M
Other Income/Expenses	-$453M
INCOME BEFORE TAX	$2.1B
Income Tax Expense	$518M
Net Income from Continuing Ops	$1.6B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.6B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.6B
D&A	$206M
EBIT	$2.6B
EBITDA	$2.8B
EPS	$6
EPS Diluted	$6

Income Statement

Item	Amount
REVENUE	$8.2B
Cost of Revenue	$4.4B
GROSS PROFIT	$3.8B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$1.3B
SG&A Expenses	$1.3B
Other Expenses	$0
Operating Expenses	$1.3B
Cost & Expenses	$5.7B
OPERATING INCOME	$2.5B
Interest Income	$0
Interest Expense	$500M
Other Income/Expenses	-$453M
INCOME BEFORE TAX	$2.1B
Income Tax Expense	$518M
Net Income from Continuing Ops	$1.6B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.6B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.6B
D&A	$206M
EBIT	$2.6B
EBITDA	$2.8B
EPS	$6
EPS Diluted	$6

Cash Flow Statement

Item	Amount
Net Income	$1.6B
Depreciation & Amortization	$206M
Stock-Based Compensation	$70M
Deferred Income Tax	$107M
Other Non-Cash Items	-$27M
Change in Working Capital	$95M
OPERATING CASH FLOW	$2.0B
Capital Expenditure	-$371M
Acquisitions (Net)	-$720M
Purchases of Investments	$0
Sales/Maturities of Investments	$91M
Other Investing Activities	-$3M
NET CASH FROM INVESTING	-$1.0B
Net Debt Issuance	$480M
Common Stock Repurchased	-$552M
Common Dividends Paid	-$789M
Other Financing Activities	-$63M
NET CASH FROM FINANCING	-$924M
FREE CASH FLOW	$1.6B
Net Change in Cash	-$62M

Balance Sheet

Item	Amount
Cash & Equivalents	$709M
Short-Term Investments	$0
Net Receivables	$841M
Inventory	$0
Other Current Assets	$490M
TOTAL CURRENT ASSETS	$2.0B
PP&E (Net)	$1.6B
Goodwill	$969M
Intangible Assets	$909M
Long-Term Investments	$0
Tax Assets	$965M
Other Non-Current Assets	$1.7B
TOTAL NON-CURRENT ASSETS	$6.2B
TOTAL ASSETS	$8.2B
Account Payables	$1.4B
Short-Term Debt	$38M
Deferred Revenue	$0
Other Current Liabilities	-$1M
TOTAL CURRENT LIABILITIES	$1.5B
Long-Term Debt	$11.9B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$2.1B
TOTAL NON-CURRENT LIABILITIES	$14.0B
TOTAL LIABILITIES	$15.5B
Common Stock	$0
Additional Paid-In Capital	$0
Retained Earnings	-$7.0B
Treasury Stock	$0
Accum. Other Comp. Income	-$311M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	-$7.3B
Minority Interest	$0
TOTAL EQUITY	-$7.3B
TOTAL LIABILITIES & EQUITY	$8.2B
Total Debt	$11.9B
Net Debt	$11.2B