YUM · 10-Q · 2026Q2 · Full report

Operating Profit and Margins

YUM BRANDS INC · 2026-08-05 · Importance 54 · Surprise 40 · No source text

Year-to-date operating profit increased 11.0% to $1,299 million from $1,170 million for the comparable 2025 period. Total costs and expenses increased to $2,930 million from $2,550 million, primarily reflecting higher company restaurant expenses as company sales increased. Operating margin was approximately 30.7% in 2026 versus 31.5% in 2025, a decline of about 0.8 percentage points. Year-to-date income before income taxes was $1,049 million, while diluted EPS increased to $4.62 from $2.23.

Key facts

• GAAP Operating Profit for the quarter was $1,299 million compared to $1,170 million in the prior year quarter. source
• Core Operating Profit for the quarter was $1,296 million and year to date was $1,225 million. source
• Basic earnings per common share quarter ended 6/30/2026: $3.10; quarter ended 6/30/2025: $1.34; year to date 6/30/2026: $4.65; year to date 6/30/2025: $2.25 source
• Diluted earnings per common share quarter ended 6/30/2026: $3.08; quarter ended 6/30/2025: $1.33; year to date 6/30/2026: $4.62; year to date 6/30/2025: $2.23 source
• Quarterly GAAP EPS was $3.08 for the quarter ended June 30, 2026 compared to $1.33 in the prior year quarter, an increase of 131%. source
• Quarter ended 6/30/2026 Operating Profit: $1,299 million source
• Year to date 6/30/2026 Consolidated Operating Profit: $1,299 million source
• Year to date 6/30/2026 Income before income taxes: $1,049 million source

Impact estimates