KHC · 10-Q · 2026Q2 · Full report
Net Income and EPS Performance
Kraft Heinz Co · 2026-08-05 · Importance 64 · Surprise 56 · Contradicted
Second-quarter 2026 net loss attributable to common shareholders was $5,460 million, compared with a $7,824 million loss in the prior-year quarter. Six-month net loss attributable to common shareholders was $4,662 million, compared with a $7,112 million loss in the prior-year period. Basic and diluted EPS improved to a loss of $4.60 per share from $6.60 in the quarter and to $3.93 from $5.98 for the six months. Weighted-average shares were 1,186 million in the quarter versus 1,185 million previously and 1,186 million for the six months versus 1,190 million previously.
Key facts
- Net income/(loss) for the three months ended June 27, 2026 was $(5,460) million compared to $(7,823) million for the three months ended June 28, 2025, a 30.2% change. source
- Net income/(loss) for the six months ended June 27, 2026 was $(4,661) million compared to $(7,109) million for the six months ended June 28, 2025, a 34.4% change. source
- For the six months ended June 27, 2026, net income/(loss) was $(4,661) million. source
- For the six months ended June 28, 2025, net income/(loss) was $(7,109) million. source
- Basic earnings per common share for the three months ended June 27, 2026: net income/(loss) attributable to common shareholders $(5,460) million, weighted average shares outstanding 1,186 million, net earnings/(loss) per share $(4.60) source
- Basic earnings per common share for the six months ended June 27, 2026: net income/(loss) attributable to common shareholders $(4,662) million, weighted average shares outstanding 1,186 million, net earnings/(loss) per share $(3.93) source
- Diluted EPS for the three months ended June 27, 2026 was $(4.60) compared to $(6.60) for the three months ended June 28, 2025, an increase of 30.3%. source
- Diluted EPS for the six months ended June 27, 2026 was $(3.93) compared to $(5.98) for the six months ended June 28, 2025, an increase of 34.3%. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +121.9% | Net sales for the Obligor Group for the six months ended June 27, 2026 were $7,631 million. |
| net_income | negative | realized | -74.5% | Net income/(loss) for the Obligor Group for the six months ended June 27, 2026 was ($4,662) million, and net income/(loss) attributable to… |
| net_income | positive | realized | +39.1% | Net income/(loss) for the six months ended June 27, 2026 was $(4,661) million compared to $(7,109) million for the six months ended June… |
| net_income | positive | realized | +37.7% | Net income/(loss) for the three months ended June 27, 2026 was $(5,460) million compared to $(7,823) million for the three months ended… |
| net_income | negative | realized | — | Basic earnings per common share for the three months ended June 27, 2026: net income/(loss) attributable to common shareholders $(5,460)… |
| net_income | negative | realized | — | Net income/(loss) for the three months ended June 27, 2026: $(5,460) million. |