KHC · 8-K · 20260805PR000052
Impairment Losses
Kraft Heinz Co · 2026-08-05 · Importance 86 · Surprise 84 · In source text
Kraft Heinz recorded $7,352 million of non-cash impairment losses in the second quarter of 2026, down from $9,266 million in the prior-year quarter. The current-quarter charge included $2,441 million of goodwill impairment and $4,911 million of intangible-asset impairment. Six-month impairment losses totaled $7,365 million, compared with $9,266 million in the first six months of 2025. The impairment charge drove the company’s $6,431 million second-quarter operating loss despite improving the reported loss by $1,543 million year over year.
Key facts
- Goodwill impairment losses for the three months ended June 27, 2026: $2,441 million source
- Intangible asset impairment losses for the three months ended June 27, 2026: $4,911 million source
- Total impairment losses included in Adjusted Operating Income reconciliation for three months ended June 27, 2026: $7,352 million source
- Goodwill at June 27, 2026: $19,714 million (down from $22,179 million at December 27, 2025) source
- Intangible assets, net at June 27, 2026: $32,372 million (down from $37,529 million at December 27, 2025) source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | realized | -117.4% | Total impairment losses included in Adjusted Operating Income reconciliation for three months ended June 27, 2026: $7,352 million |
| assets | negative | realized | — | Goodwill impairment losses for the three months ended June 27, 2026: $2,441 million |
| assets | negative | realized | — | Intangible asset impairment losses for the three months ended June 27, 2026: $4,911 million |