Income StatementBalance SheetCash FlowSegments
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Yum! Brands Business Segments

Business, geographic, and product segment breakdowns

Yum! Brands generates $8.5B in annual revenue across 4 key segments: KFC Global Division ($879.0M), Pizza Hut Global Division ($253.0M), Taco Bell Global Division ($797.0M), and The Habit Burger Grill Global Division ($130.0M). The company-wide operating margin is 31.46%. Based on the Q1 2026 filing.

KFC Global Division$879.0MPizza Hut Global Division$253.0MTaco Bell Global Division$797.0MThe Habit Burger Grill Global Division$130.0M
Latest FilingQ1 2026
Report Date2026-05-06
Market Cap$41.3B
P/E Ratio23.75
ROE-23.04%

Products & Services

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Franchise and property revenues$857.0M$785.0M$835.0M$857.0M—$856.0M
Franchise contributions for advertising and other services$532.0M$395.0M$428.0M$426.0M$547.0M$418.0M
Property Revenues$30.0M$24.0M$24.0M$24.0M$31.0M$25.0M

Revenue from Contract with Customer, Excluding Assessed Tax

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Franchise Segment Member$801.8M$844.3M$844.3M$844.3M$844.3M—

Geographic

Effective Income Tax Rate Reconciliation, Tax Credit, Foreign, Amount

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Foreign Tax Jurisdiction, Other—$37.3M$37.3M$37.3M$37.3M—

Effective Income Tax Rate Reconciliation, Tax Credit, Foreign, Percent

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Foreign Tax Jurisdiction, Other—1.8%1.8%1.8%1.8%—

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Non-US & UK—$601.0M—$672.0M—$684.0M

Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
United States & Switzerland—-$6.3M-$6.3M-$6.3M-$6.3M—

Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
United States & Switzerland—0.3%0.3%0.3%0.3%—

Business Segments

Income (Loss) Attributable to Parent, before Tax

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Amortizable Tax Benefit—————$22.0M
Other—————$16.0M

General and administrative expenses

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Brand HQ Consolidation—$5.3M$5.3M$5.3M$5.3M—
German Acquisition KFC & PH$1.5M$2.3M$2.3M$2.3M$2.3M—
PH Strategic Options—$9.0M$9.0M$9.0M$9.0M—

Other Expenses

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Brand HQ Consolidation—$1.5M$1.5M$1.5M$1.5M—
German Acquisition KFC & PH—$250.0K$250.0K$250.0K$250.0K—

Other income (expense) excluding foreign exchange gain (loss)

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
German Acquisition$9.3M-$250.0K-$250.0K-$250.0K-$250.0K—

Effective Income Tax Rate Reconciliation, Tax Credit, Amount

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Global Changes—$15.3M$15.3M$15.3M$15.3M—

Effective Income Tax Rate Reconciliation, Tax Credit, Other, Percent

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Global Changes—0.7%0.7%0.7%0.7%—

Brand Total Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
KFC Global Division—$773.0M———$879.0M
Taco Bell Global Division—$657.0M———$797.0M
Pizza Hut Global Division—$231.0M———$253.0M
The Habit Burger Grill Global Division—$128.0M———$130.0M

Company restaurant expenses

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Taco Bell Global Division$282.0M$204.0M$217.0M$227.0M$323.0M$284.0M
KFC Global Division$275.0M$196.0M$216.0M$224.0M$293.0M$229.0M
The Habit Burger Grill Global Division$163.0M$114.0M$116.0M$121.0M$158.0M$121.0M
Pizza Hut Global Division$3.0M$4.0M$7.0M$10.0M$31.0M$31.0M

Costs of Franchised Outlets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
KFC Global Division$17.0M$16.0M$20.0M$15.0M$15.0M$19.0M
Pizza Hut Global Division$15.0M$11.0M$10.0M$11.0M$9.0M$17.0M
Unallocated—-$3.0M-$4.0M-$4.0M-$11.0M-$12.0M
Taco Bell Global Division$11.0M$6.0M$7.0M$8.0M$8.0M$6.0M
The Habit Burger Grill Global Division$1.0M$1.0M$1.0M$1.0M$1.0M$1.0M

D&A

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Taco Bell Global Division$31.0M$16.0M$16.0M$17.0M$29.0M$28.0M
KFC Global Division$18.0M$11.0M$11.0M$14.0M$14.0M$13.0M
The Habit Burger Grill Global Division$10.0M$7.0M$6.0M$7.0M$9.0M$7.0M
Pizza Hut Global Division$13.0M$4.0M$4.0M$6.0M$9.0M$6.0M
Unallocated—$7.0M$6.0M$8.0M$5.0M$6.0M

Franchise advertising and other services expense

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Taco Bell Global Division$235.0M$157.0M$176.0M$177.0M$240.0M$173.0M
KFC Global Division$186.0M$149.0M$162.0M$160.0M$199.0M$161.0M
Pizza Hut Global Division$120.0M$89.0M$90.0M$89.0M$108.0M$84.0M
The Habit Burger Grill Global Division$1.0M$1.0M$1.0M$1.0M$0.0$1.0M

General and Administrative Expense

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Unallocated-$595.0M-$105.0M-$99.0M-$80.0M-$118.0M-$111.0M
KFC Global Division$110.0M$80.0M$86.0M$88.0M$118.0M$87.0M
Pizza Hut Global Division$66.0M$55.0M$54.0M$50.0M$60.0M$59.0M
Taco Bell Global Division$62.0M$49.0M$49.0M$50.0M$67.0M$53.0M
The Habit Burger Grill Global Division$16.0M$13.0M$13.0M$13.0M$15.0M$13.0M

Goodwill

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
KFC Global Division$321.0M———$349.0M—
Pizza Hut Global Division$251.0M———$256.0M—
Taco Bell Global Division$98.0M———$300.0M—
The Habit Burger Grill Global Division$66.0M———$64.0M—

Goodwill Disposals And Other Net

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
KFC Global Division$750.0K-$3.0M-$3.0M-$3.0M-$3.0M—
Pizza Hut Global Division$250.0K-$750.0K-$750.0K-$750.0K-$750.0K—
Taco Bell Global Division$0.0$0.0$0.0$0.0$0.0—
The Habit Burger Grill Global Division$0.0$500.0K$500.0K$500.0K$500.0K—

Gross Carrying Amount

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
KFC Global Division$31.0M———$31.0M—
The Habit Burger Grill Global Division$96.0M———$96.0M—

Operating Profit

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
KFC Global Division$377.0M$331.0M$365.0M$392.0M$415.0M$383.0M
Taco Bell Global Division$340.0M$241.0M$262.0M$267.0M$359.0M$281.0M
Pizza Hut Global Division$95.0M$74.0M$80.0M$84.0M$102.0M$64.0M
The Habit Burger Grill Global Division$2.0M-$1.0M$3.0M-$2.0M-$13.0M-$7.0M

Other Nonoperating Income (Expense)

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Unallocated-$41.0M$6.0M$4.0M-$3.0M-$10.0M$45.0M
Pizza Hut Global Division-$6.0M-$2.0M-$3.0M-$4.0M-$5.0M-$3.0M
Taco Bell Global Division$0.0$0.0$0.0$0.0$0.0$1.0M
The Habit Burger Grill Global Division$9.0M$0.0$0.0$0.0$12.0M$1.0M
KFC Global Division$0.0$0.0$0.0$0.0$1.0M$0.0

Segment Reporting, Long-Lived Asset, Expenditure for Addition

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
KFC Global Division$42.0M$18.0M$19.0M$34.0M$38.0M$25.0M
Taco Bell Global Division$41.0M$31.0M$18.0M$26.0M$56.0M$22.0M
The Habit Burger Grill Global Division$10.0M$6.0M$12.0M$14.0M$28.0M$15.0M
Unallocated$8.0M$11.0M$12.0M$12.0M$9.0M$12.0M
Pizza Hut Global Division$5.0M$5.0M$10.0M$8.0M$4.0M$2.0M

Approximate Number Of System Units

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
KFC Turkey—283.00————
PH Turkey—254.00————

Payments to Acquire Long-Term Investments

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other—$16.0M$82.0M$2.0M—$5.0M

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
PH Strategic Options—$1.8M$1.8M$1.8M$1.8M—
Unallocated—-$1.0M$0.0-$4.0M-$2.0M$0.0

Franchise and property expenses

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
PH Strategic Options—$1.3M$1.3M$1.3M$1.3M—

Goodwill, Acquired During Period

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Pizza Hut Global Division$0.0$250.0K$250.0K$250.0K$250.0K—
Taco Bell Global Division$0.0$50.5M$50.5M$50.5M$50.5M—
The Habit Burger Grill Global Division$0.0$0.0$0.0$0.0$0.0—

Goodwill, Impaired, Accumulated Impairment Loss

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Pizza Hut Global Division$17.0M———$17.0M—
The Habit Burger Grill Global Division$144.0M———$144.0M—

Income Tax Expense (Benefit), Continuing Operations, Discontinued Operations

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Russia Exit 2022—————$13.0M

Refranchising (gain) loss

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
The Habit Burger Grill Global Division$250.0K-$500.0K-$500.0K-$500.0K-$500.0K—

Brand Total Cooperative Advertising Expense

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total Division—$396.0M———$419.0M

Brand Total Cost of Product and Service Sold

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total Division—$518.0M———$665.0M

Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Unallocated$3.0M$5.0M$11.0M$17.0M$15.0M$1.0M