KHC · 10-Q · 2026Q3 · Full report

Operating Cash Flow Trends

Kraft Heinz Co · 2026-11-04 · Importance 42 · Surprise 14 · No source text

Net cash provided by operating activities was $3.0 billion for the nine months ended September 26, 2026, compared with $3.1 billion for the prior-year period. The decrease was driven by lower Adjusted Operating Income, partly offset by favorable working-capital changes, including higher accounts payable. Cash outflows increased for inventory rebuilding and higher input costs, as well as for advertising. Net cash provided by investing activities was $651 million, versus $1.6 billion used in the prior-year period, primarily due to marketable-security transactions and proceeds from the Italy Infant Transaction.

Key facts

• Kraft Heinz generated $2.960 billion of operating cash flow in the nine months ended September 26, 2026, compared with $3.086 billion in the prior-year period. source
• Kraft Heinz net cash provided by operating activities was $3.0 billion in the nine months ended September 26, 2026, versus $3.1 billion in the 2025 period; the decrease reflected lower Adjusted Operating Income, partly offset by favorable working-capital changes. source
• Kraft Heinz net cash provided by investing activities was $651 million in the nine months ended September 26, 2026, compared with $1.6 billion used in 2025; the change included proceeds from marketable securities and the Italy Infant Transaction. source
• Working-capital changes included favorable accounts payable changes, partly offset by higher inventory cash outflows for stock rebuilding and increased input costs, and higher advertising cash outflows. source

Impact estimates