KMB · 10-Q · 2026Q2 · Full report
Segment Profitability
KIMBERLY CLARK CORP · 2026-08-04 · Importance 54 · Surprise 40 · No source text
North America operating profit increased 10.7% to $725 million in the second quarter and 1.1% to approximately $1.3 billion for the six months ended June 30, 2026. North America profit benefited from tariff refunds and gross productivity savings but was reduced by business exits and incremental advertising spending. International Personal Care operating profit increased 2.2% to $186 million in the quarter and 12.5% to $431 million year to date. International Personal Care’s quarterly increase was partly offset by a 440-basis-point profit impact from the China social media disruption, while year-to-date growth was partly offset by unfavorable pricing net of cost inflation and supply-chain investments.
Key facts
- North America operating profit for the three months ended June 30, 2026 was $725 and increased 10.7%, driven by one-time tariff refunds and gross productivity savings, partially offset by impacts from business exits of 110 basis points and incremental advertising spend. source
- Operating profit for the three months ended June 30, 2026 was $633 compared to $592 in the prior year and included 2024 Transformation Initiative charges of $54 and charges of $109 related to the Kenvue Acquisition, and a benefit of $39 related to Brazil business tax credits. source
- Operating profit for the six months ended June 30, 2026 was $1.4 billion compared to $1.2 billion in the prior year and included 2024 Transformation Initiative charges of $105, Kenvue Acquisition charges of $157, an insurance claim settlement benefit of $120, and a Brazil tax credit benefit of $39. source
- IPC operating profit for the three and six months ended June 30, 2026 was $186 and $431, increased 2.2% and 12.5%, respectively; the three-month increase was partially offset by a 440 basis point impact from the China social media disruption. source
- Adjusted operating profit for the three and six months ended June 30, 2026 was $757 and $1.5 billion, respectively, compared to $713 and $1.4 billion in the prior year. source
- Income from continuing operations for the six months ended June 30, 2026 was $984 compared to $914 in the prior year. source
- Income from continuing operations for the three months ended June 30, 2026 was $410 compared to $444 in the prior year. source
- As a result of the IFP Transaction the Company's continuing operations are organized into two reportable segments: North America (NA) and International Personal Care (IPC). source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | realized | -3.8% | Operating profit for the six months ended June 30, 2026 was $1.4 billion compared to $1.2 billion in the prior year and included 2024… |
| operating_income | positive | realized | +2.9% | Operating profit for the six months ended June 30, 2026 was $1.4 billion compared to $1.2 billion in the prior year and included 2024… |
| operating_income | negative | realized | -2.6% | Operating profit for the three months ended June 30, 2026 was $633 compared to $592 in the prior year and included 2024 Transformation… |
| operating_income | negative | realized | -2.5% | Operating profit for the six months ended June 30, 2026 was $1.4 billion compared to $1.2 billion in the prior year and included 2024… |
| operating_income | positive | realized | +2.4% | Adjusted operating profit for the three and six months ended June 30, 2026 was $757 and $1.5 billion, respectively, compared to $713 and… |
| operating_income | positive | realized | +1.7% | North America operating profit for the three months ended June 30, 2026 was $725 and increased 10.7%, driven by one-time tariff refunds… |
| net_income | positive | realized | +1.7% | Income from continuing operations for the six months ended June 30, 2026 was $984 compared to $914 in the prior year. |
| operating_income | negative | realized | -1.3% | Operating profit for the three months ended June 30, 2026 was $633 compared to $592 in the prior year and included 2024 Transformation… |
| operating_income | positive | realized | +1.1% | IPC operating profit for the three and six months ended June 30, 2026 was $186 and $431, increased 2.2% and 12.5%, respectively; the… |
| operating_income | positive | realized | +1.1% | Adjusted operating profit for the three and six months ended June 30, 2026 was $757 and $1.5 billion, respectively, compared to $713 and… |
| operating_income | positive | realized | +0.9% | Operating profit for the three months ended June 30, 2026 was $633 compared to $592 in the prior year and included 2024 Transformation… |
| operating_income | positive | realized | +0.1% | IPC operating profit for the three and six months ended June 30, 2026 was $186 and $431, increased 2.2% and 12.5%, respectively; the… |