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How Yum! Brands (YUM) makes money: Q2 2026 revenue breakdown
US GAAP · $M · vs Q2 2025 · quarter ended 06/30/2026 · reported 07/30/2026
Yum! Brands, Inc. is an American multinational fast food corporation. · Text: Wikipedia, CC BY-SA 4.0, abridged
More about the company
Based in Louisville, Kentucky, the company operates KFC, Taco Bell, Habit Burger & Grill, and several technology companies. As of 2024 Yum! is the world's second largest fast food restaurant chain by gross revenues, after McDonald's, though the large majority of Yum! locations are independently owned franchises and the parent company's revenue is substantially lower than gross revenues.
Key growth driver: Company sales — the fastest-growing revenue line: $837, +25% y/y. · by the Q2 2026 report
How does Yum! Brands make money?
Yum! Brands brought in $2.17 billion of revenue in Q2 2026, up 12.2% year over year. The largest source was Franchise and property revenues: $895 million, or 41% of the total, followed by Company sales ($837M, 39%) and Franchise contributions for advertising and other services ($438M, 20%). Net income for the quarter was $853 million, up 128% year over year.
Revenue by source, Q2 2026
- Franchise and property revenues$895M · 41% · +7.2%
- Company sales$837M · 39% · +25.1%
- Franchise contributions for advertising and other services$438M · 20% · +2.3%
Shares of $2.17B total revenue; changes are year over year, as reported. ≈ marks lines derived from disclosed totals. The same flows are drawn in the Sankey chart below.
When is YUM’s next earnings date?
Tuesday, November 3, 2026estimated
Expected around Nov 3 — based on last year’s report on Nov 4, 2025. We have not yet seen the company's announcement of the date.
How we estimate
The estimate is the date of the same-quarter report a year ago, per the company’s SEC filing, moved forward 52 weeks (same weekday). Companies usually keep the same week; the date will be replaced once YUM announces it.
Same quarter a year ago (ended September 30, 2025): revenue $1.98B, EPS (GAAP) $1.41
How we calculate
Year-ago figures are GAAP, from the company's SEC filings (XBRL); EPS is diluted.
What time does YUM report? Usually before market open: the last 4 results releases reached the SEC at 7:01 am, 7:02 am, 7:01 am, 7:01 am ET.
Last report: Jul 30, 2026 (Q2 2026) — broken down in the Sankey chart below. Dates: company announcements; past dates and times — SEC 8-K filings. Who else reports this week →
All figures in $M.
Revenue
$2,169
+12.2%
Operating income
$655
+5.3%
30.2% margin
Net income
$853
+128%
$3.08/sh · 39.3% margin
Verdict: revenue grew 12.2% y/y to $2.17B, operating margin 30.2% vs 32.2%, net income $853M (+128.1% y/y).
Second-quarter GAAP EPS was $3.08, and EPS excluding Special Items was $1.62.
Source and notation
Source: Yum! Brands press release, 8-K EX-99.1 of 07/30/2026 (SEC EDGAR). Every figure was matched against the income statement in the release and checked against SEC XBRL.
Open the chart as a PNG image ↗ · for sharing and presentations · free to reuse, CC BY 4.0
YUM earnings history: past report dates
| Jul 30, 2026 Thu | 7:01 ambefore market open | Jun 30, 2026 | $2.2B+12% y/y | $3.08+132% y/y |
| Apr 29, 2026 Wed | 7:02 ambefore market open | Mar 31, 2026 | $2.1B+15% y/y | $1.55+72% y/y |
| Feb 4, 2026 Wed | 7:01 ambefore market open | Dec 31, 2025 | ≈$2.5B+6% y/y | ≈$1.91+28% y/y |
| Nov 4, 2025 Tue | 7:01 ambefore market open | Sep 30, 2025 | $2.0B+8% y/y | $1.41+4% y/y |
| Aug 5, 2025 Tue | 7:01 ambefore market open | Jun 30, 2025 | $1.9B+10% y/y | $1.33+4% y/y |
| Apr 30, 2025 Wed | 7:01 ambefore market open | Mar 31, 2025 | $1.8B+12% y/y | $0.90−18% y/y |
| Feb 6, 2025 Thu | 7:01 ambefore market open | Dec 31, 2024 | ≈$2.4B+16% y/y | ≈$1.49−8% y/y |
| Nov 5, 2024 Tue | 7:01 ambefore market open | Sep 30, 2024 | $1.8B+7% y/y | $1.35−8% y/y |
| Aug 6, 2024 Tue | 7:01 ambefore market open | Jun 30, 2024 | $1.8B+5% y/y | $1.28−12% y/y |
| May 1, 2024 Wed | 7:01 ambefore market open | Mar 31, 2024 | $1.6B−3% y/y | $1.10+5% y/y |
| Feb 7, 2024 Wed | 7:01 ambefore market open | Dec 31, 2023 | ≈$2.0B+1% y/y | ≈$1.62+26% y/y |
| Nov 1, 2023 Wed | 7:01 ambefore market open | Sep 30, 2023 | $1.7B+4% y/y | $1.46+28% y/y |
| Aug 2, 2023 Wed | 7:01 ambefore market open | Jun 30, 2023 | $1.7B+3% y/y | $1.46+90% y/y |
| May 3, 2023 Wed | 7:00 ambefore market open | Mar 31, 2023 | $1.6B+6% y/y | $1.05−23% y/y |
| Feb 8, 2023 Wed | 7:01 ambefore market open | Dec 31, 2022 | ≈$2.0B+7% y/y | ≈$1.29+16% y/y |
| Nov 2, 2022 Wed | 7:02 ambefore market open | Sep 30, 2022 | $1.6B+2% y/y | $1.14−35% y/y |
| Aug 3, 2022 Wed | 7:02 ambefore market open | Jun 30, 2022 | $1.6B+2% y/y | $0.77−40% y/y |
| May 4, 2022 Wed | 7:04 ambefore market open | Mar 31, 2022 | $1.5B+4% y/y | $1.36+27% y/y |
| Feb 9, 2022 Wed | 7:01 ambefore market open | Dec 31, 2021 | ≈$1.9B+8% y/y | ≈$1.11+3% y/y |
| Oct 28, 2021 Thu | 7:02 ambefore market open | Sep 30, 2021 | $1.6B+11% y/y | $1.75+90% y/y |
| Jul 29, 2021 Thu | 7:16 ambefore market open | Jun 30, 2021 | $1.6B+34% y/y | $1.29+93% y/y |
| Apr 28, 2021 Wed | 7:06 ambefore market open | Mar 31, 2021 | $1.5B+18% y/y | $1.07+296% y/y |
| Feb 4, 2021 Thu | 7:09 ambefore market open | Dec 31, 2020 | $1.7B+3% y/y | $1.08−32% y/y |
| Oct 29, 2020 Thu | 7:13 ambefore market open | Sep 30, 2020 | $1.4B+8% y/y | $0.92+14% y/y |
| Jul 30, 2020 Thu | 7:08 ambefore market open | Jun 30, 2020 | $1.2B−9% y/y | $0.67−27% y/y |
| Apr 29, 2020 Wed | 7:08 ambefore market open | Mar 31, 2020 | $1.3B+1% y/y | $0.27−67% y/y |
| Feb 6, 2020 Thu | 7:22 ambefore market open | Dec 31, 2019 | $1.7B+9% y/y | $1.58+52% y/y |
| Oct 30, 2019 Wed | 7:23 ambefore market open | Sep 30, 2019 | $1.3B−4% y/y | $0.81−42% y/y |
| Aug 1, 2019 Thu | 7:09 ambefore market open | Jun 30, 2019 | $1.3B−4% y/y | $0.92−5% y/y |
| May 1, 2019 Wed | 7:11 ambefore market open | Mar 31, 2019 | $1.3B−9% y/y | $0.83−35% y/y |
| Feb 7, 2019 Thu | 7:05 ambefore market open | Dec 31, 2018 | $1.6B−1% y/y | $1.04−17% y/y |
| Oct 31, 2018 Wed | 7:15 ambefore market open | Sep 30, 2018 | $1.4B−3% y/y | $1.40+19% y/y |
| Aug 2, 2018 Thu | 7:04 ambefore market open | Jun 30, 2018 | $1.4B−6% y/y | $0.97+67% y/y |
| May 2, 2018 Wed | 7:06 ambefore market open | Mar 31, 2018 | $1.4B−3% y/y | $1.27+65% y/y |
| Feb 8, 2018 Thu | 7:12 ambefore market open | Dec 31, 2017 | ≈$1.6B−16% y/y | ≈$1.25+52% y/y |
| Nov 2, 2017 Thu | 7:19 ambefore market open | Sep 30, 2017 | $1.4B−5% y/y | $1.18−27% y/y |
| Aug 3, 2017 Thu | 7:24 ambefore market open | Jun 30, 2017 | $1.4B−4% y/y | $0.58−28% y/y |
| Apr 12, 2017 Wed | 6:38 pmafter market close | Mar 31, 2017 | $1.4B−2% y/y | $0.77−11% y/y |
| Feb 9, 2017 Thu | 7:12 ambefore market open | Dec 31, 2016 | ≈$1.9B−52% y/y | ≈$0.82+30% y/y |
| Oct 5, 2016 Wed | 4:39 pmafter market close | Sep 30, 2016 | $1.5B | $1.62 |
| Jul 13, 2016 Wed | 4:25 pmafter market close | Jun 30, 2016 | $1.5B | $0.81 |
| Apr 20, 2016 Wed | 4:21 pmafter market close | Mar 31, 2016 | $1.4B | $0.87 |
| Jan 12, 2016 Tue | 4:22 pmafter market close | Dec 26, 2015 | $4.0B−1% y/y | $0.63 |
| Oct 6, 2015 Tue | 4:24 pmafter market close | Sep 5, 2015 | $3.4B+2% y/y | $0.95+7% y/y |
| Jul 14, 2015 Tue | 4:56 pmafter market close | Jun 13, 2015 | $3.1B−3% y/y | $0.53−27% y/y |
| Apr 21, 2015 Tue | 5:18 pmafter market close | Mar 21, 2015 | $2.6B−4% y/y | $0.81−7% y/y |
| Feb 4, 2015 Wed | 4:36 pmafter market close | Dec 27, 2014 | $4.0B−4% y/y | −$0.20 |
| Oct 7, 2014 Tue | 4:43 pmafter market close | Sep 6, 2014 | $3.4B−3% y/y | $0.89+170% y/y |
| Jul 16, 2014 Wed | 4:50 pmafter market close | Jun 14, 2014 | $3.2B+10% y/y | $0.73+20% y/y |
| Mar 28, 2014 Fri | 9:13 ambefore market open | Mar 22, 2014 | $2.7B+7% y/y | $0.87+21% y/y |
| Jan 13, 2014 Mon | 4:12 pmafter market close | Dec 28, 2013 | $4.2B+1% y/y | $0.70−3% y/y |
| Oct 8, 2013 Tue | 5:18 pmafter market close | Sep 7, 2013 | $3.5B−3% y/y | $0.33−67% y/y |
| Jul 10, 2013 Wed | 4:27 pmafter market close | Jun 15, 2013 | $2.9B−8% y/y | $0.61−12% y/y |
| Apr 23, 2013 Tue | 5:10 pmafter market close | Mar 23, 2013 | $2.5B−8% y/y | $0.72−25% y/y |
| Jan 7, 2013 Mon | 4:40 pmafter market close | Dec 29, 2012 | $4.2B+1% y/y | $0.72−4% y/y |
Show all 55 reports since 2013Show fewer
How we count
Report date and time — when the company filed its results press release with the SEC (Form 8-K, Item 2.02); the regular session runs 9:30 am – 4:00 pm ET. Companies that file the 8-K late in the evening publish the release the next morning: the date is that morning, before market open, and the evening filing time is not shown. Revenue and diluted EPS — the company’s XBRL filings, EPS adjusted for stock splits; ≈ — fourth quarter derived as full year minus three quarters. Source: SEC EDGAR.
Yum! Brands: 15-year financials
| 2025 | 8,214 | 2,574 | 1,559 | 1,639 | 789 |
| 2024 | 7,549 | 2,403 | 1,486 | 1,432 | 752 |
| 2023 | 7,076 | 2,318 | 1,597 | 1,318 | 678 |
| 2022 | 6,842 | 2,187 | 1,325 | 1,148 | 649 |
| 2021 | 6,584 | 2,139 | 1,575 | 1,476 | 592 |
| 2020 | 5,652 | 1,503 | 904 | 1,145 | 566 |
| 2019 | 5,597 | 1,930 | 1,294 | 1,119 | 511 |
| 2018 | 5,688 | 2,296 | 1,542 | 942 | 462 |
| 2017 | 5,878 | 2,761 | 1,340 | 712 | 416 |
| 2016 | 6,356 | 1,682 | 1,643 | — | — |
| 2015 | —* | 1,434 | 1,283 | 1,166 | 730 |
| 2014 | 13,279 | 1,517 | 1,051 | 1,016 | 669 |
| 2013 | 13,084 | 1,798 | 1,091 | 1,090 | 615 |
| 2012 | 13,633 | 2,294 | 1,597 | 1,195 | 544 |
| 2011 | 12,626 | 1,815 | 1,319 | 1,230 | 481 |
Show all 15 yearsShow fewer
$ millions, annual 10-K reports on SEC EDGAR (US GAAP)*.
How we calculate
Figures are annual report lines; if a year was later restated (discontinued operations, mergers), we use the latest filing that shows it. Free cash flow is operating cash flow minus capital expenditures; dividends are cash paid to common shareholders during the year. “—” means the line isn’t in the filing. “—*” in revenue: we don’t show that year’s revenue — the annual figure is more than 2% off the sum of the quarters, or the filing tags several revenue lines and the total can’t be pinned down. The table starts in 2011; where the listed issuer changed (holding reorganization, redomicile), earlier years come from the predecessor’s filings.
Shareholders’ equity at Jun 30, 2026: −$7.1B (−82% of total assets). Other S&P 500 companies with negative equity →
Included in screener lists: S&P 500 companies that paid dividends 10 years without a gap
Yum! Brands (YUM) earnings: FAQ
How does Yum! Brands make money?
Yum! Brands brought in $2.17 billion of revenue in Q2 2026, up 12.2% year over year. The largest source was Franchise and property revenues: $895 million, or 41% of the total, followed by Company sales ($837M, 39%) and Franchise contributions for advertising and other services ($438M, 20%). Net income for the quarter was $853 million, up 128% year over year.
When is YUM's next earnings date?
We have not yet seen an announcement of the date from Yum! Brands (YUM). Based on last year's report on Nov 4, 2025, the next report is expected around Nov 3, 2026.
What time does YUM report earnings?
Yum! Brands usually reports before market open: its latest results release was filed with the SEC at 7:01 am ET on Jul 30, 2026.
When did YUM last report earnings?
Yum! Brands reported Q2 2026 results on Jul 30, 2026.
Where can I find Yum! Brands's financial statements?
On SEC EDGAR: quarterly reports (10-Q), the annual report (10-K) and earnings releases (8-K). The “Verified” badge next to the chart links to YUM's filings; this page breaks the latest report down in a Sankey chart.
What was YUM's net income in Q2 2026?
Yum! Brands reported net income of $853M for Q2 2026 (+128% year over year), under US GAAP.
Does Yum! Brands pay dividends?
Yes. In 2025, Yum! Brands paid $789M in dividends on its common stock, per its 10-K. Earlier years are in the 15-year table above.
How has Yum! Brands's revenue changed since 2011?
Per its 10-K filings, revenue fell 35%: $12,626M in 2011 and $8,214M in 2025. The peak was $13,633M in 2012. Year-by-year figures are in the table above.
New to earnings reports? Start with how to read an earnings report.
How this page was made: the figures come from the company's own report on SEC EDGAR; the summary and nuances were drafted by our model from that report — two independent automated readings of the release had to match, and every number in the text was checked against it. Figures checked against the filing on 10/16/2026. How we make the breakdowns · Report an error
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